Florida Professional institute offers Financial Aid Assistance for those who qualify. The Financial Aid Assistance Programs are supported by the U.S Department of Education. These programs are designed to help applicants who have limited financial resources by providing funds in the form of grants. FPI’s Financial Aid Department has established procedures which assure fair and consistent treatment of all applicants.
SCOPE AND COVERAGEFINANCIAL AID ELIGIBILITY

Florida Professional Institute is approved for institution's eligibility to participate in each of the following listed Title IV, HEA programs, and incorporates by reference the regulations cited:

  • FEDERAL PELL GRANT PROGRAM,
    20 U.S.C. §§ 1070a et seq.; 34 C.F.R. Part 690.
  • FEDERAL DIRECT STUDENT LOAN PROGRAM,
    20 U.S.C. §§ 1087a et seq.; 34 C.F.R. Part 685.
  • IRAQ AND AFGHANISTAN SERVICE GRANT,
    20 U.S.C. §§ 1070d et seq.

Title IV and HEA Programs funding approved by the USDOE, such as Pell Grants, Student Loans, and others are applicable for the Massage Therapy Program.

FEDERAL PELL GRANT

Federal Pell Grants are awarded only to undergraduate students who have not earned a bachelor’s or professional degree. Awards are based on the financial need of the family or individual and the cost of education. A Federal Pell Grant does not have to be repaid.

FEDERAL DIRECT STUDENT LOAN PROGRAM

Unlike Pell Grant and Federal Work-Study Program, student loans are borrowed money that must be repaid. FPI encourages students to control how much to borrow to help pay for school.

FEDERAL DIRECT STUDENT LOAN SUBSIDIZED AND UNSUBSIDIZED LOANS

In the Federal Direct Loan Program, repayment begins six (6) months after a student drops below half-time status or six (6) months after completion of the program. The subsidized loan has a fixed interest rate that is determined each year by the federal government. This loan is need based. Unsubsidized loans are no need-based loans to students who meet the qualifications. The loan is based on the cost of attendance less any other financial aid a student receives. The interest is charged through the life of the loan.

IRAQ AND AFGHANISTAN SERVICE GRANT (IASG)

Federal Pell Grants are awarded only to undergraduate students who have not earned a bachelor’s or professional degree. Awards are based on the financial need of the family or individual and the cost of education. A Federal Pell Grant does not have to be repaid.

Federal financial aid is not available to international students unless they are eligible non-citizens. Eligible non-citizens must provide current documentation of immigration status prior to applying for financial aid.

An applicant for admission who indicates on his/her application that financial assistance is needed for education is given a Free Application for Federal Student Aid at the time of enrollment.

The eligibility requirements for Federal Title IV financial aid programs that a student must meet:
  1. Have a high school diploma or General Education Development (GED) certificate.
  2. Be enrolled as a regular student in an eligible program of study.
  3. Be a citizen or eligible non-citizen of the U.S.
  4. Have a valid social security number
  5. Maintain satisfactory academic progress.
  6. Not be in default on a federal student loan and not owe a refund on a federal grant.
  7. Have the applicable financial aid forms filled and signed.
  8. Be registered with Selective Service if you are a male between the ages of 18 and 25.
A complete list of student eligibility standards and conditions may be found on the Department of Financial Aid website: www.studentaid.ed.gov
FINANCIAL AID VERIFICATIONFINANCIAL AID ELIGIBILITY
The federal government has legislated an application review process called, Verification, to ensure that all data provided on the Federal Application for student Aid (FAFSA) is correct and complete. Applicants are selected randomly and may be asked to provide additional documentation such as IRS tax transcripts, W-2 forms, or other documents to complete their financial aid application process. Applicants must comply with the requests for documentation within specified times or applicants may lose financial aid eligibility.
You can apply for Financial Aid in our office or online at www.fafsa.ed.gov. Our federal code is 042919. Once your application is completed, our staff will evaluate your individual circumstance and consider you for a Financial Aid package.