5385 Main St, Williamsville, NY 14221 • 716-631-3878
Don’t let cost hold you back!
At Leon Studio One School of Beauty Knowledge will assist you with exploring all of your financial options. Schedule a consultation today!
Call the financial aid office at 716-631-3878.
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Submit a Free Application for Federal Student Aid (FAFSA)
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Federal Pell Grant
Unlike a loan, Federal Pell Grants do not have to be repaid. Pell Grants usually are awarded only to undergraduate students who have not earned a bachelor’s or a professional degree.
A federal student loan for which eligible students and parents borrow directly from the U.S. Department of Education and must be repaid.
Direct Subsidized Loans are loans made to eligible undergraduate students who demonstrate financial need.
Direct Unsubsidized Loans are loans made to eligible undergraduate, the student does not have to demonstrate financial need to be eligible for the loan.
Direct PLUS Loans are loans made to parents of dependent undergraduate students to help pay for education expenses not covered by other financial aid.
Direct Consolidation Loans allow you to combine all of your eligible federal student loans into a single loan with a single loan servicer.
For those who qualify, the amount you receive will depend on your financial need and your cost of attendance. For the 2016–17 award year (July 1, 2016, to June 30, 2017)
|Type of Aid||Dependent Students (except students whose parents are unable to obtain PLUS Loans)||Independent Students (and dependent undergraduate students whose parents are unable to obtain PLUS Loans)|
|Direct Loan amounts limits for Sub and Unsub.||$5,500 Total —No more than $3,500 of this mount may be in subsidized loans.||$9,500—No more than $3,500 of this amount may be in subsidized loans.|
|Direct PLUS Loan||The PLUS loan amount you can borrow is the cost of attendance minus any other financial assistance received.||Independent Students are not eligible for a parent to borrow through the PLUS loan program.|