You’ve been thinking about enrolling, but the next question on your mind is “how will I afford it?”
While the decision to apply can be an intimidating process, we want you to sit back, relax, and enjoy the flight! CAU’s staff of dedicated professionals are ready to help you find out if you’re eligible for financial aid assistance to meet the cost of education.
Every student’s situation is unique, so finding the right financial aid plan for aviation school is important. Financial aid is available to those who qualify and CAU’s financial services coordinators will help you determine what the best financial plan is for your specific situation. Call our Financial Services Department today to learn more about the financial aid programs available in California.
GENERALLY, STUDENTS ARE ELIGIBLE TO QUALIFY FOR FINANCIAL ASSISTANCE IF THEY:
- Have a high school diploma or GED*
- Enroll as a regular student in an eligible program
- Are a U.S. citizen or eligible non-citizen
- Are registered with Selective Service (if required)
- Have a valid Social Security Number (SSN)
- Make satisfactorily academic progress
- Are not in default of a student loan or owe a refund on a Federal Pell Grant
* Or a passing score on an independently administrated examination approved by the Department of Education.
Grants can be considered as free financial aid money from the government that students do not have to pay back.
Federal Pell GrantsA Federal Pell Grant, unlike a loan, does not have to be repaid. Pell Grants are only awarded to undergraduate students who have not already earned a bachelor’s degree. CalAero requires students to apply for the Pell Grant by completing the FAFSA (Free Application for Federal Student Aid).An ISIR (Institutional Student Information Record) or SAR (Student Aid Report) is generated, and the EFC (Expected Family Contribution) is calculated on the report which indicates whether a student is eligible for a Pell Gran
Federal Perkins LoanThe Perkins Loan is a low interest rate loan (5%) for those who demonstrate a financial need. Students must repay this loan. If awarded, repayment begins nine months after the borrower completes or terminates his or her education. The minimum monthly payment is $40. Students must complete the FAFSA to be considered for the Perkins Loan.
OTHER AID PROGRAMS
Students attending California Aeronautical University may, if eligible, receive funds to meet educational costs from the Veterans Education Benefits, Bureau of Indian Affairs, Division of Vocational Rehabilitation, Employee Tuition Reimbursement, JTPA, and other organizations and agencies providing scholarships and grant
Resources for Active Military, Veterans and FamiliesWe are grateful to you and your family members for your service to our country. Let us help you make that next step toward a rewarding civilian career.California Aeronautical University is prepared to help you use your military education benefits for college. Qualified students may use their Post-9/11 GI Bill® for their college tuition and expenses at CAU. The Post-9/11 GI Bill can cover more than $23,000 in tuition (per year), plus it covers up to $1,000 for books and supplies and a monthly housing allowance. Also, this entitlement may be transferred to military spouses or dependents.Additionally, California Aeronautical University proudly participates in the Yellow Ribbon program. Through this program, the University contributes up to $3,000 to your tuition and expenses after you have reached the maximum Post-9/11 GI Bill educational benefits. The Department of Veteran Affairs will then match CAU’s contribution. This can give you an extra $6,000 (maximum) in additional funding on top of the maximum Post-9/11 GI Bill benefits.When you request information, California Aeronautical University can give you financial aid information about your unique situation and help guide you through the process.
We’ve hired ECMC Solutions, a non-profit organization to help you navigate your federal student loans! With a mission of student success, ECMC Solutions provides FREE one on one counseling:
- Discuss options for manageable repayment
- Learn important facts about forbearance and deferment
- Access your balance and know your servicer
- Discover best practices to manage your loans
- Guidance if you fall behind on payments or are nearing default
- Financial literacy resources
- ECMC Promise & Safety
- ECMC Counselors will always introduce themselves by name and let you know they are calling on our behalf. Solutions counselors call only from U.S. area codes such as (651) and (612). ECMC Counselors will ask you to confirm your identity to confirm we are speaking with you before sharing any information.
We provide ECMC Solutions services to you free of charge. Counselors are able to help you through ECMC Solutions Live Chat, email, or by phone by calling 877-331-3262.
California Aeronautical University is committed to helping each and every student accomplish their aviation dreams. Our financial aid coordinators are here to help you determine the best options for you, regardless of your situation. If you have questions about your financial aid or repayment plan options through ECMC Solutions, please reach out to our coordinators today. The sky is the limit when it comes to your aviation dreams!
Do you have questions about your repayment options? Contact our team, or contact ECMC Solutions directly and we can help you will all your needs.
GI Bill® is a registered trademark of the U.S. Department of Veterans Affairs (VA). More information about education benefits offered by VA is available at the official U.S. government Web site at www.benefits.va.gov/gibill.
Students should talk to one of CalAero’s financial aid associates to identify the best financial package to suit their circumstances. They will guide them through the process and create a financial plan specifically for their situation.