Buckner Barber School

FINANCIAL AID

RESOURCES

Education is a big investment. The training you'll receive at Bucker barber School increases your chance of finding a great career. And it decreases your chance of being unemployed. You will be more likely to find an interesting, rewarding career in a field that offers a lot of opportunity. When you graduate from BBS, you stand a better chance of finding a job and making more money than your peers with less education. Combine that with greater opportunities for job satisfaction, and your BBS  training becomes an  investment that is hard to beat. Below are some of the resources available to students to help with the cost of their education.

Financial Aid is available to those who qualify;

FEDERAL PELL GRANTS are monies given to people to help pay for school awarded based on financial need.

DIRECT LOANS are borrowed monies through the U.S Department of Education that must be repaid (with interest)

DIRECT SUBSIDIZED LOANS are awarded to student who show financial need and don’t accrue interest while the student is in school. You have six months grace period after you graduate, withdraw or drop below half-time.

DIRECT UNSUBSIDIZED LOANS are available to all student, regardless of financial need. Interest does accrue on this loan while the student is in school.

DIRECT PLUS LOANS are only available for parents of Dependent Student. Financial need is not  a consideration, but a credit check is required.

PRIVATE/ALTERNATIVE LOANS can provide additional funding to assist student with their education. These are generally provided by banks and credit unions and other private lending institution. Information on these loans can be found on the web at a site like www.fastweb.com.

SCHOLARSHIPS are provided by some companies, professional associations, and religious groups to individuals or their family members seeking assistance paying for their education. Searching the internet is a great way to see what might be available to you.

STATE GRANTS are available through the Texas Department of Assistive & Rehabilitation Services (DARS) which assists people who have disabilities prepare for, find and keep jobs. To locate an office in your area visit: www.dars.state.tx.us or call 1-800-628-5115.

All options above are not available for every student. Please contact the office of  Financial Aid for further information.
 

Eligibility for Title IV Funds criteria:

For a student to be eligible to receive any Title IV funds, the student must:

  1. Comply with the school's Satisfactory Academic Progress (SAP) Policy, included in the school's catalog
  2. Not be in default on a loan made under any Title IV, HEA Loan program.
  3. Must not have obtained PELL or loan amounts that exceed annual or aggregate PELL or loan limits under any Title IV or HEA PELL or Loan Program.
  4. Not liable for grant overpayment.
  5. Be enrolled at least halftime to receive assistance from the Direct Loan Program. (The Pell Grant Program does not require halftime enrollment, but the student's enrollment status does affect the amount of Pell a student may receive.)
  6. Attendance for full time student is 30 hours per week, part-time 15 hours per week.

Enrollment status is stated on the student’s enrollment contract.

 

  • Student must have a High School Diploma or a GED Certification
  • Be a United States Citizen or an eligible Non-Citizen
  • Have a Social Security number
  • Make Satisfactory Academic Progress(SAP)
  • Sign a statement of updated information
  • Sign a statement of educational purpose or certification statement on refunds and default.
  • The students must be enrolled as regular student in an eligible program in order to participate in Title IV.

Federal Student Aid awards are based on financial need. Need is the difference between your cost of education (expenses such as tuition, fees room, books, supplies, and other related expenses). Also the amount you and your family are expected to contribute towards your education.

Conviction for Possession or Sale of Illegal Drugs:

A Federal or state drug conviction can disqualify a student for FSA funds. The student self-certifies in applying for aid that he/she is eligible. Buckner Barber School is not required to confirm this unless there is evidence of conflicting information.