PAYING FOR FEI

Understand the cost and the help you may qualify for.

Review program expenses with FEI’s Financial Aid Office. Ask about grants, scholarships, loans, and other options for your situation.

Financial aid available for those who qualify.

Call 305-444-1515 to speak with FEI.

PLAN FOR THE FULL COST

Start with an estimate, then review your program expenses.

Use FEI’s Net Price Calculator as a starting point. Its estimate is not an aid award or a final bill.

Ask FEI for a written breakdown of tuition, required fees, books, supplies, and other program expenses. Review which costs are included and which you would pay separately.

Discuss how much may be covered by grants or scholarships, how much you would borrow, and any amount still due. If borrowing, review interest, fees, and repayment terms before signing.

FEDERAL GRANTS

Help with school costs that usually does not need to be repaid.

Federal Pell Grant

A federal grant for eligible students with financial need. Apply through the Free Application for Federal Student Aid, called the FAFSA.

Federal Supplemental Educational Opportunity Grant

Also called FSEOG, this grant supports eligible students with exceptional financial need. Ask FEI about available funding and how awards are decided.

Grants generally do not need to be repaid. You may have to return some funds if you withdraw or your eligibility changes. Ask the Financial Aid Office how the rules apply to you.

FEDERAL STUDENT AND PARENT LOANS

Loans are borrowed money that you must repay.

Interest is an extra charge for borrowing money.

Direct Subsidized Loans

For eligible undergraduate students with financial need. The government pays the interest during certain periods, including enrollment at least half-time.

Direct Unsubsidized Loans

Financial need is not required, but other eligibility rules still apply. Interest builds while you are in school, and you are responsible for it.

Parent PLUS Loans

For eligible parents of dependent undergraduate students. The parent is the borrower and is responsible for repayment.

Ask about current borrowing limits, interest, fees, and when repayment begins. Review the terms before accepting a loan.

VETERANS EDUCATION BENEFITS

Review your benefits and program approval before enrolling.

If you plan to use VA education benefits, contact FEI to discuss your chosen program and the documentation needed. Confirm eligibility and benefit details with the U.S. Department of Veterans Affairs.

For Post-9/11 GI Bill benefits, ask about your Certificate of Eligibility. For Veteran Readiness and Employment, also called VR&E or Chapter 31, work with your VA counselor and FEI on the required authorization.

SCHOOL FINANCING OPTIONS

Ask about FEI financing and what you would repay.

FEI lists an institutional loan option. Ask the Financial Aid Office about current availability and eligibility.

Before agreeing, review the lender, amount borrowed, interest and fees, payment dates, and total repayment. Ask how changes in enrollment could impact the agreement.

If FEI offers a separate payment arrangement, ask for its written terms. A payment schedule and a loan are different agreements.

FEI SCHOLARSHIPS

Ask which scholarships are open for your start date.

High School Student Scholarship

Graduating high school students can ask about the current application, eligibility rules, award amount, and deadlines.

Luis Alvarez CPA Scholarship Award

Named in memory of FEI’s founding accountant, this scholarship is subject to eligibility and available funding. Ask the Financial Aid Office about current requirements.

If you have already graduated from FEI, ask whether tuition assistance is available for a second program.

Request the written scholarship rules before applying. Review what an award covers and what you must do to keep it.

HOW TO APPLY

Three steps to review with the Financial Aid Office.

Complete the FAFSA

Use the Free Application for Federal Student Aid at StudentAid.gov. Submitting it is free. Ask FEI which school year applies to your start date and confirm the correct school selection.

Provide the requested information

Respond to requests for documents or corrections. The Financial Aid Office can explain what is needed.

Review your aid offer and remaining costs

Discuss what you qualify for, which amounts are grants or scholarships, and which are loans. Check any amount still due and the steps needed before funds can be paid.

Submitting the FAFSA does not guarantee an award or require you to accept a loan.

ASK ABOUT PAYING FOR SCHOOL

Review the numbers before you decide.

Talk with FEI about your program costs, aid options, and any amount you would need to pay or borrow. Financial aid available for those who qualify.

Call 305-444-1515 and ask to speak with the Financial Aid Office.