RETS College is committed to helping you find ways to put our academic programs within your financial reach!
Financing your education may seem like an overwhelming task. The RETS College Financial Aid Staff is here to help! The first step in the process is to setup an appointment with the financial aid department through your RETS College admissions representative: (937) 433-3410 or 1-800-837-7387.
The only way to tell if you're eligible to receive aid is to apply. Many factors are taken into account when awarding aid, and everyone who needs financial assistance to attend school should apply. Currently, more than 80 percent of RETS students receive some form of financial assistance.
Before the federal loan eligibility can be determined you must complete a free Application for Federal Student Aid (FAFSA). The forms can be obtained from the RETS College financial aid office.
The Federal Direct Parent Loan for Undergraduate Students (PLUS) is not on financial need and is limited to a parent borrower for a dependent student. A parent is currently defined as a persons natural or adoptive mother or father, step-parent, or legal guardian. The annual limit is equal to the students cost of attendance, minus any other financial aid the student is receiving. Parents are required to pass a credit check. The interest is variable. Interested parents should contact the RETS College financial aid department for further details.
A Subsidized Student Loan is awarded is awarded on the basis of the students financial need and other specific eligibility requirements. The federal government does not charge interest on the loans while borrowers are enrolled at least part-time, during a six-month grace period, or during authorized periods of deferment. An Unsubsidized Student Loan is not based on the students financial need, but students must also meet specific eligibility requirements. Interest is charged throughout the life of the loan. The borrower may choose to pay the interest charged on the loan or allow the interest to be capitalized (added to the loan principal).
Unlike loans, grants do not have to be repaid. Grants are usually awarded to students with the fewest financial resources and are considered need-based aid. This need is determined by the federal government when you fill out the Free Application of Federal Student Aid (FAFSA). Grants usuall come from federal and state governments and are sent directly to the school.
Federal Pell Grants are awarded to undergraduate students working toward their first degree. Your actual award depends on: -The number of credits for which you register. - Whether you are a full time student or part-time student. - Whether you attend school for a full academic year or less.
Take a look at the exciting opportunities that RETS can offer!
