FINANCIAL AID
WHAT
IS FINANCIAL AID?
Financial aid is the economic assistance available to help you
meet the difference between what you can reasonably be expected to pay and what it will
cost you to go to technology school. The purpose of financial aid is to provide assistance
to students who, without such aid, would find it difficult to attend school successfully.
WHAT
TYPES OF PROGRAMS MAY BE INCLUDED IN THE AWARDS?
- Grants are gift aid and do
not have to be repaid. Eligibility is based on need.
WHAT IS THE COST OF ATTENDING THE TECHNOLOGY CENTER AT PARIS?
Students who attend the TTCP find that expenses are moderate.
Even so, financial planning for technology school should begin as early as possible,
comparing the basic costs of attending with your own financial situations. Be sure to keep
in mind that the cost of attending technology school includes cost of books, room and
board, travel, medical and dental expenses, in addition to other miscellaneous expenses.
WHAT IS NEED?
Need is the difference between a family's contribution for
technology school and the total expenses of attending technology school. A student's need
is calculated by subtracting the total family resources from the total expenses for
attending school.
This school adheres to a nationally established policy and
philosophy of financial aid for education. The basis of this policy is that students and
parents have the primary responsibility for financing an education. Although the school
endeavors to assist all qualified students as resources permit, this assistance should be
viewed only as supplementary to the efforts of the student's family. However, when it is
determined that a family cannot meet the educational costs, financial assistance is
available.
TYPE
OF FINANCIAL AID AVAILABLE
- Federal Pell Grant:
The Pell Grant is a federal aid program available to eligible students. The maximum grant
is determined by your previous year's income tax return. The award year is from July 1st
to June 30th (four grant checks). On-line Pell Grant application link is below:
- Federal
Supplementary Educational Opportunity Grant (FSEOG): These funds will be
distributed, as available, to students showing the greatest need. Need will be determined
by subtracting from the cost of attendance the family contribution and all financial aid
received. Priority will be given to students receiving Federal Pell Grants.
- Federal College
Work Study (FCWS): This program enables eligible students to earn a portion of
their educational expenses through part-time employment at the school. Students receiving
FCWS will be paid at least the current federal minimum wage. Work schedules will be
determined by the school.
- Tennessee State
Assistance Award (TSAA): This program is funded by the State for residents of
Tennessee. Eligibility is determined similar to the Federal Pell Grant. Deadline for
applying is August 1.
BENEFIT
PROGRAMS:
- Workforce Initiative Act (WIA):
These are federal programs that can provide financial aid for those who qualify. TTCP
services persons from Henry, Benton, Weakley, Carroll and Decatur counties. WIA is for the
unemployed and underemployed as a general rule. Participants of the Families First program
must be on AFDC to qualify. Both programs may pay for tuition, books, supplies, child
care, etc. Some students are eligible for both programs.
- WEI: WEI is the provider of
WIA services in Stewart, Humphreys and Houston counties. Aid from Families First is also
available in these counties if the student is eligible.
- TRA: For those who are
unemployed or who have lost their jobs due to plant closings and moving overseas, TRA
funds may be available. Contact your local TN Department of Employment Security.
- Veterans Administration GI Bill Benefits:
Veterans who were honorably discharged may be eligible to receive monthly educational
benefits.
- Veterans Disability (Vocational
Rehabilitation): Veterans with service connected disabilities may be eligible
to receive monthly educational benefits.
- VA Dependents Educational Assistance:
Students between the ages of 18 and 26 whose parent is permanently or totally disabled or
who dies as a result of service in the Armed Forces may be eligible to receive monthly
educational benefits.
- VA Pension Benefits:
War-orphan program whereby the surviving parent may receive educational benefits for their
child's enrollment in an approved course until the child reaches the age of 23.
- Vocational
Rehabilitation: The Rehabilitation Division of the Tennessee Department of Human
Services provides assistance to student who qualify under the Vocational Rehabilitation
Act. Students with certain mental or physical handicaps may be eligible for assistance.
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