Financial Aid
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 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. Schedule an admissions meeting today to learn more about the financial aid programs available in California.
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SCHEDULE WEB MEETINGGenerally, 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
- 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.
Now is the Perfect Time To Apply
Grants
Grants can be considered as free financial aid money from the government that students do not have to pay back.
Federal Pell Grants
A 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. CAU 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 Grant.Federal Supplemental Educational Opportunity Grants (FSEOG)
The FSEOG is for undergraduates with exceptional financial need – i.e., students with the lowest EFC (Expected Family Contribution). FSEOG is available only to students who qualify for the Pell Grant.Loans
Federal Subsidized Stafford Loan
A subsidized loan is awarded on the basis of financial need. If a student qualifies for this loan, the Federal government pays the interest for the entire time the student is in school and for an additional six months after the last date of attendance.Federal Unsubsidized Stafford Loan
An unsubsidized loan is not awarded on the basis of need. If a student qualifies for this loan, this loan accrues interest from the date the loan is disbursed until it is paid in full.Federal Parent Loan for Undergraduate Students (FPLUS)
The FPLUS loan allows parents of students who are dependent by federal definition to borrow for educational costs. To be eligible to receive the FPLUS loan, a parent will be required to pass a credit check. If the parent does not pass the credit check, the student can receive the Unsubsidized Stafford Loan. Repayment usually begins within 60 days after the final loan is issued with the interest beginning to accrue at the time of the first disbursement.Other Aid Programs
Students attending California Aeronautical University may, if eligible, receive funds to meet educational costs from the Veterans Education Benefits, Employee Tuition Reimbursement, and other organizations and agencies providing scholarships and grant
Resources for Active Military, Veterans and Families
We 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-$4,500 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-$9,000 (maximum) in additional funding per year 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.
Federal Work-Study
Work-study allows undergraduate students who demonstrate financial need to earn money for some of their educational expenses by working for a nonprofit agency. Students will be paid at least the current minimum wage, but possibly higher, depending on the type of work and skills required. Students must complete the FAFSA to be considered for Work-study funds. The Office of Graduate Services will help eligible students locate jobs.Monthly Payment Plans
Independent students or parents of dependent students who do not wish to apply for educational loans or who do not qualify for financial assistance may make monthly tuition payments to finance the student’s educational cost. These arrangements are to be made with the Office of Financial Services.Tuition Reduction Programs
CAU’s admissions associates are extremely knowledgeable about the aviation Tuition Reduction Program available in California and will work with you to determine your eligibility. Contact our Admissions Department for more information about aviation Tuition Reduction Programs.
Repayment Options
ECMC
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!
Questions?
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.
GET STARTED
Ready to get started? Schedule an admissions meeting as the first step in the admissions process. During the meeting, you'll learn about CAU's programs, including the cost. From there, you'll meet one-on-one with a member of CAU's financial services team who can help identify the best financial plan for your unique circumstances.
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.