A Guide to Qualifying for Financial Assistance
A healthcare career training program can give you the ability to pursue a fulfilling career helping others. However, financial hardships can sometimes interfere with educational opportunities. We want our students to get the financial support they need to pursue a healthcare career that interests them.
At the American College for Medical Careers (ACMC), financial aid advisors can help you apply for FASFA, the Free Application for Federal Student Aid. This free application could help you get financial assistance for your education from the government.
If you’re confused about where to begin, here’s a guide to applying for and completing financial aid enrollment.
1.Complete ACMC’s application
To see if you qualify for financial aid, you must first be accepted into one of ACMC’s training programs. If you’re a new student, start by filling out an ACMC application. Our career training school requires you to have a high school degree or equivalent. Filling out an application does not mean you’re accepted yet, but you need to fill out an application to see if you can qualify for financial aid in the first place.
If you need help choosing a program, our admissions staff will help you decide which program is the best for you. You can choose from: Dental Assisting, Diagnostic Medical Sonography, Medical Assistant, Medical Billing & Coding and more!
2. Talk with a Financial Aid Advisor
The next step is to talk with ACMC’s financial aid advisors. A financial aid advisor will help answer all the questions you have about applying for financial aid. They’ll also help explain eligibility guidelines.
3. Submit your FASFA online
If you’re eligible for financial assistance, the next step is to submit you FASFA online at their website. Create a Federal Student Aid ID number through the FSA ID tab. The number will help secure and identify your application. Before you fill out application, you must have your:
- Social Security Number
- If you’re not a US Citizen, your Alien Registration Number
- Most recent W-2 forms, tax returns, investment records
- Any bank statements
- Untaxed income records (ex. child support)
- The school where you applied
- If you are a dependent, you’ll need tax information
Once you have all your information, start filling out your application and submit. If you need help, try watching this help video.
4. Wait for results
It takes from 3 days to 3 weeks to hear back about your financial application. You will get a Student Aid Report email. ACMC will also receive the report. They’ll use the report to decide how much financial aid you can receive for your schooling at the college. ACMC should contact you within a week to discuss the benefits package they can offer. After receiving your Student Aid Report, contact ACMC within a week if you don’t hear back.
Think carefully about your financial assistance offer. Remember that a loan does need to be paid back after graduation. If the package includes a loan, make sure you can afford to pay the money back after graduation.
5. Find other financial aid options
If you’re not accepted for financial aid through the Federal Student Aid program—or if you don’t receive enough money—you can still find other financial aid options. You may be eligible for a loan through the William D. Ford Federal Direct Loan Program or earn tax credits with educational tax-payer credits. If you’re a veteran, you could get benefits through the G.I. Bill.
ACMC hopes this guide helps you succeed. Contact us anytime to schedule an appointment or walk-in during our office hours. Together, we can discover which schooling and financial aid options work best for you.
ACMC provides career-focused advice in our weekly blog. Our campus is located in Orlando, FL. Contact us if you want to apply, speak with a financial aid advisor, or learn more about our career training programs.