Grants Can Reduce the Cost of Vocational School for Qualifying Students

Seventy percent of RSI students received grants or scholarships to help fund their training investment during the 2017-2018 school year.i

Grants Defined

A grant is a sum of money paid by the government or other organization that does not have to be repaid if all requirements are met. Students typically receive grants based on financial
need.

Grant funding can be affected by program length, school status and
withdrawing.

Who awards grants? They can come from several sources:

  • Federal government
  • State government
  • Trade schools
  • Nonprofit organizations
  • Private organizations

There are certain circumstances under which a federal grant might have to be repaid:

  • You withdraw early from school.
  • You switched to part-time enrollment.
  • You received other grants or scholarships that reduce your need for federal student aidii.

Read more about federal grant programs.

Important Information about Federal Pell Grants

Vocational school students with a demonstrated financial need may qualify for a Federal Pell Grant. These grants are typically awarded only to those who have not yet earned a professional, bachelor’s, or graduate degree.iii,ivThe need qualification is determined by the government and not the school.

Pell Grant Awards: Dollar Amounts Available

The amount of money a student could receive from a Pell Grant changes each year. Below are the maximum amounts for the July 1, 2018 to June 30, 2019 award year and the July 1, 2019 to June 30, 2020 award year.

Award Year 2018 – 2019 2019 – 2020
Max Award Amount $6,095 $6,195

Children of public safety officers who died in the line of duty or military members who died while serving in Afghanistan or Iraq may be eligible for a larger Pell Grant award. Learn more here.

 

Variables Influencing How Much You Could Be Awarded

Several factors can influence how much money you could be awarded under a Federal Pell
Grant:

  • The cost of your training program.
  • Whether you plan to attend school part-time or full-time.
  • Your Expected Family Contribution
  • If you will be enrolled in school for a full academic year or less.

Federal Pell Grants Disbursement Process

Federal Pell Grants DisbursementOur Financial Aid Department could pay you directly, apply your Federal Pell Grant funds to your school costs or a combination of these two options.iii In many cases, the grant money is first applied toward your tuition and fees, then any sum left over is paid to you for other training-related expenses.v

Applying for a Federal Pell Grant

Your first step toward seeing if you qualify for a Federal Pell Grant is to submit the Free Application for Federal Student Aid (FAFSA) form.vi.

For more information, visit our “How to Apply for Financial Aid” page or call the Financial Aid Department at 888-671-5803.

Staying in Good Standing with Your Pell Grant

The two main requirements to keeping your Pell Grant are staying enrolled in your training program and filling out the FAFSA form every year you’re still in training.vii.

Pell Grant Help

Our Financial Aid Advisors are here to help. Give us a call to discuss your eligibility for the Federal Pell Grant and how to apply.

*Financial Aid is available to those who qualify.

888-671-5803

Location

Accredited School, ACCSC. Licensed by the Arizona State Board for Private Post Secondary Education. The AOS/MME program is the Associate of Occupational Studies in Mechanical Maintenance Engineering degree program and is not an academic degree. GI Bill® Eligible (check with local campus for specific eligibility). For more information about our programs, please visit our website at: https://www.refrigerationschool.com/about-rsi/regulatory-information/.

GI Bill® is a registered trademark of the U.S. Department of Veterans Affairs (VA). More information about education benefits offered by VA is available at the official U.S. government Web site at www.benefits.va.gov/gibill.

Scholarships available to those who qualify. Candidates need to refer to the scholarship information page to determine topic of essay (where applicable) and must meet all regular admissions requirements and be scheduled to start training prior to applying for a scholarship. If a student changes his/her re-enter date, the scholarship award may be forfeited. Scholarships are not transferable and most scholarships cannot be used in conjunction with any other scholarship RSI offers. In most cases, only one award will be given per student. If a student is eligible for multiple scholarships, the scholarship that is most beneficial to the student will be awarded. Scholarships will be distributed incrementally over the entire duration of the program. Scholarship eligibility requires continuous enrollment. Failure to maintain Satisfactory Academic Progress may result in the probation and possible loss of scholarship. Termination from training may also result in the loss of a scholarship, which may increase your tuition obligation to RSI. Tuition charges will be based on the amount reflected on your Enrollment Agreement. See the reverse side of your Enrollment Agreement or the School Catalog for the school’s refund policy.

*According to 2016 IPEDS data RSI has the largest total enrollment of students for all post-secondary schools in the U.S. offering both CIP codes Electromechanical Technology/Electromechanical Engineering and HVAC/R Engineering Technology/Technician.

1 Total number of estimated graduates for RSI calculated based on historic data available as of 1/20/16.

2 Phoenix Area's annual mean wage for Heating, Air Conditioning, and Refrigeration Mechanics and Installers (499021) reported by BLS as of May 2018 http://data.bls.gov/oes. Average starting salary for Refrigeration Technologies is $33,488 for RSI graduates employed during the 12 month period of 7/1/17-6/30/18.

3 Refer to 2018-2019 for Overall Employment Rate data here.

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