Financial Aid

What is Financial Aid?

Financial aid provides funding for qualified students through a variety of sources, each with its own eligibility and application guidelines. Our staff will help you navigate the financial aid process, such as filing applications for federal programs and completing required loan documents. Most financial aid work can be completed online at home or in our Student Services Office.

What types of financial aid are available?

Eastland-Fairfield Career & Technical Schools offer students enrolled in full-time credentialed programs four forms of Federal Student Aid: Pell Grants, Direct Subsidized Loans, Direct Unsubsidized Loans, and Direct Parent Loan to Undergraduate Student (PLUS) Loans.

Pell Grant

Federal Pell Grant is based on financial need. This grant is part of the Title IV entitlement of the Higher Education Act of 1965. Since the Federal Pell Grant is an entitlement, it does not have to be repaid, if the student completes their program.

Federal Direct Student Loans

Students and parents can apply for three types of federal student loans:

  • Subsidized

  • Unsubsidized

  • Parent PLUS loans

Each of these loans has a fixed interest rate and can be repaid over a period of 10-25 years, depending on the repayment plan you choose. Interest rates for all Federal loans are set each spring for new loans being made in the upcoming award year. These rates are tied to financial markets and are fixed for the life of the loan.

Payment Plans

Eastland-Fairfield also offers students the option to create a payment play that may be more convenient to your earning schedule. Please contact Mandy Smith to learn about payment plan options.

Additional Resources