Financial Aid - MediaTech Institute

MediaTech’s Financial Services Department is dedicated to helping students and their parents apply for and obtain the financial aid they may need to pursue their education and career goals. Our Financial Advisors are here to help students and their families understand the financial aid programs, assist in completing federal aid applications, and assess educational expenses. Once the federal application process is complete a Financial Aid Advisor will evaluate eligibility and review the information with the students and their families. In addition to Federal Financial Aid, Private Loan and payment plan options are available for students left with any tuition balance not covered by Federal Aid or for students not eligible for financial aid. Financial Aid is available for those who qualify.

How do I apply for federal aid?

The first step in the financial aid process is to create an FSA User ID. The FSA ID – a username and password – has replaced the Federal Student Aid PIN and must be used to log in the certain U.S. Department websites. Your FSA IS confirms your identity when you access your financial aid information and electronically sign Federal Student Aid documents. If you do not already have an FSA ID, you can create one when logging in to fafsa.gov. Once your FSA ID is created you are ready to complete the Free Application For Student Aid, via fafsa.gov. In order for MediaTech Institute to receive and review your eligibility you must add our school code to the FAFSA application.

School Codes:

Dallas 041298

Austin E01598

Houston E01599

Oceanside E02024

Remember at any time during the process should you need assistance you may contact a Financial Aid Advisor for guidance.

WHAT TYPES OF FEDERAL FINANCIAL AID ARE AVAILABLE?

The federal aid award programs currently available to MediaTech students to those who qualify are:

Direct Subsidized Loan – For undergraduate students. No interest is charged on subsidized loans while you are in school at least half-time and during deferment periods.

Direct Unsubsidized Loan – For undergraduate, graduate, and professional degree students. Interest is charged on unsubsidized loans during all periods.

Direct Plus Loan – For graduate, professional degree students, and parents of dependent undergraduate students. Interest is charged during all periods.

The amount of loans available varies, contact the Financial Aid Department for more details.

ARE THERE ANY PRIVATE LOANS AVAILABLE TO MEDIATECH STUDENTS?

Students and their families are more than welcome to apply for a personal private loan with a bank of their choice. The Sallie Mae Smart Option Loan is also available to MediaTech Institute if eligible. If interested, the financial services staff is available to assist you through the entire application process.

Sallie Mae Smart Option Loan

Credit based loan

A non-federal education loan

Additional money for living expenses may be obtained through this loan

May have differing origination fees, interest rates, and repayment options

WHERE CAN I FIND MORE INFORMATION ON FINANCIAL AID?

Application for Federal Financial Aid – www.fafsa.gov
Federal Student Aid Site – studentaid.ed.gov
FSA User ID, Financial Counseling, Master Promissory Note, Repayment Estimator and more –studentloans.gov
National Student Loan Data System – NSLDS.ED.GOV

HOW DO I APPLY FOR VETERAN EDUCATION BENEFITS?

You may complete the application for benefits or change your choice of school by visiting https://www.ebenefits.va.gov/ebenefits/homepage

For further assistance you may chat with a live agent about eBenefits Log In or Registration Monday – Friday, 10 am to 6pm ET or by calling 800-983-0937 Monday – Friday 8:00 am – 8:00 pm ET

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