Financial Aid

Elite Welding Academy
Houston, South Point,and Cincinnati locations
Elite Welding Academy can offer Pell Grants and Department of Education Direct Loans for students who qualify
Applying for grants and loans is done at the web site: studentaid.gov
Elite is currently using 2022-23 FAFSA for all classes beginning in March through June you will need both
22-23 FAFSA and the 23-24 FAFSA (this is for Pell eligibility)
Classes beginning in July use the 2023-2024 FAFSA
FAFSA TIPS- FSAID
You will need to create an FSA ID, directions are on the FAFSA. This is your electronic signature. The process will verify your phone number and email address.
An FSAID is required before you can use the IRS data transfer tool which is the best way to add your and your parents tax information from the year required
Note that income information is two prior years - all other information for the FAFSA is as of the day you are filling it out.
FAFSA TIPS - FILLING OUT THE FAFSA
If you answer all questions in Step 3 section with "NO" you are considered dependent and your parent will also need to provide information.
Campus selection is 042067 Cincinnati location. E40495 Houston campus and E40501 South Point campus
You have not successfully submitted the FAFSA until until you see the Completion Confirmation page
Please make sure you have contacted admissions at the campus so that you can be on the list of potential starts for your anticipated class date. That is required before financial aid can contact you with your eligibility as determined by the FAFSA
Federal Pell Grants
Pell Grants are provided by the US Department of Education and do not have to be repaid.
Student Loans- Deferred payment loans
These are loans that you do not have to start paying back until six months after you graduate.
These loans also carry a relatively low interest rate, a low monthly payment and they help you to start building good credit
Entrance Counseling
A requirement of the DOE for first time student loan borrowers. This is a financial literacy information question and answer session. This takes about 5-10 minutes to complete. Financial aid will give you this information via email, with your offer letter
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Master Promissory Note
A completed Master Promissory Note (MPN) is required to originate a loan. You will need 3 references with complete names, address and phone number to complete it.
All requirements will be in your offer letter email and the studentaid.gov web site is the web site to complete the requirements.
studentaid.gov
Other links;
Title IV Code of Conduct
Net Price Calculator
Gainful Employment Disclosure
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