Financial Aid Basics

What is financial aid and how can RSI help me get it?

Financial aid is the means by which a student pays tuition and expenses if they qualify, when they don’t have enough money to pay for it themselves.

Usually, the form of financial aid most RSI students depend on is a combination of Federal grants and loans. In order to receive any type of aid, you must complete the FAFSA (Free Application for Federal Student Aid) to see if you qualify. A Grant doesn’t have to be paid back. A Loan does have to be repaid.

Sometimes our students also use financial aid in the form of Private loans, which come from a lender outside the government. Typically, Federal loans are better because they have lower interest rates than Private loans. If you find you need more money, you can apply for loans with private lenders like your own personal banking institution. The financial aid office at RSI may recommend a lender when you complete your paperwork.

Refrigeration School’s financial aid office can assist every student in developing a financial plan to pay for training. Please contact a Tuition Planner for further information or assistance toll free at (888) 943-4822 or financialAid@rsiaz.edu.

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