Financial Aid

What is Financial Aid?

Federal Student Aid (FSA) consists of grant and loan programs provided through the US Department of Education that are designed to assist students and their families cover the costs of higher education.

Am I Eligible for Financial Aid?

In order to use Federal Student Aid (FSA) funds to attend ISSA you will need to meet the following criteria:

  • Have a high school diploma, GED or state recognized equivalent
  • Be a US Citizen (including US Territories) or eligible resident non-citizen
  • Have a valid Social Security number
  • Have registered with the Selective Service between ages 18 and 25 (if male)
  • Maintain satisfactory academic progress
  • Be enrolled in an eligible program (AS in Exercise Science only)

How Do I Apply for Financial Aid?

Complete the Free Application for Federal Student Aid (FAFSA).

The FAFSA takes about 30 minutes to complete. To determine what funds you are eligible for, you will be asked to enter information about income and taxes paid, so please have your most recent tax returns on hand to help you complete it.

Check out this video to help you through it.

You will need to complete the FAFSA for the correct Award Year in order to receive funds for the terms you are attending. Please compare your intended start date with the chart below:

When will I be attending courses? For which Award Year
do I complete the FAFSA?
Summer 2017 Fall 2017
Session A / Full Term Jul 3rd, 2017 Oct 2nd, 2017
Session B Aug 7th, 2017 Nov 6th, 2017
Winter 2018 Spring 2018
Session A / Full Term Jan 1st, 2018 Apr 2nd, 2018
Session B Feb 5th, 2018 May 7th, 2018
2017-2018
(July 1st, 2017 - June 30th, 2018)
Summer 2018 Fall 2018
Session A / Full Term Jul 2nd, 2018 Oct 1st, 2018
Session B Aug 6th, 2018 Nov 5th, 2018
Winter 2019 Spring 2019
Session A / Full Term Jan 7th, 2019 Apr 8th, 2018
Session B Feb 11th, 2019 May 13th, 2018
2018-2019
(July 1st, 2018 - June 30th, 2019)

You will need to complete a FAFSA for each Award Year for which you wish to receive FSA funds.

Important Financial Aid Deadlines

In order to receive on time disbursement during either session of a given term, you must meet the deadlines posted below.

Summer 2017: July 03 - September 10
Session A / Full Term Session B
Submit 2017-2018 FAFSA May 29, 2017 Jul 03, 2017
Complete Verification (If selected) Jun 23, 2017 Jul 28, 2017
Accept Financial Aid Package Jul 12, 2017 Aug 16, 2017
Complete Loan Counseling and Master Promissory Note Jul 12, 2017 Aug 16, 2017
Summer 2017 Census Date: July 09, 2017 Pell Grant amounts will not include Session B courses added after this date. Further details on page 48 of the catalog.
Fall 2017: October 02 - December 10
Session A / Full Term Session B
Submit 2017-2018 FAFSA Aug 28, 2017 Oct 02, 2017
Complete Verification (If selected) Sep 22, 2017 Oct 27, 2017
Accept Financial Aid Package Oct 11, 2017 Nov 15, 2017
Complete Loan Counseling and Master Promissory Note Oct 11, 2017 Nov 15, 2017
Fall 2017 Census Date: Oct 08, 2017 Pell Grant amounts will not include Session B courses added after this date. Further details on page 48 of the catalog.
Winter 2018: January 01 - March 11
Session A / Full Term Session B
Submit 2017-2018 FAFSA Nov 27, 2017 Jan 01, 2018
Complete Verification (If selected) Dec 8, 2017 Jan 26, 2018
Accept Financial Aid Package Jan 10, 2018 Feb 14, 2018
Complete Loan Counseling and Master Promissory Note Jan 10, 2018 Feb 14, 2018
Winter 2018 Census Date: Jan 07, 2018 Pell Grant amounts will not include Session B courses added after this date. Further details on page 50 of the catalog.
Spring 2018: April 02 - June 10
Session A / Full Term Session B
Submit 2017-2018 FAFSA Feb 26, 2018 Apr 02, 2018
Complete Verification (If selected) Mar 23, 2018 Apr 27, 2018
Accept Financial Aid Package Apr 11, 2018 May 16, 2018
Complete Loan Counseling and Master Promissory Note Apr 11, 2018 May 16, 2018
Winter 2018 Census Date: Apr 08, 2018 Pell Grant amounts will not include Session B courses added after this date. Further details on page 50 of the catalog.

What Awards Can I Expect?

What types of grants and loans does ISSA offer?

ISSA participates in two Federal Student Aid (FSA) programs: Pell Grants and Direct Loans. This video may be a helpful introduction to both.

This video covers some things you want to consider before deciding to borrow a Direct Loan.

To put students in the best position to succeed after graduation, they are highly encouraged to borrow only the amount necessary to complete your educational program.

NOTE: New students may only take one course (or PD102 and HIT135) their first quarter. Students who complete their first quarter with a term GPA of at least 2.0 may take up to 18 credits per quarter during subsequent terms.

For a student's first quarter with our school, FSA funds alone are insufficient to cover a student's entire tuition.

Please be prepared to have some out-of-pocket cost during your first quarter.

If you have questions regarding tuition assistance, please contact our Financial Aid department.

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