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About Programs Admissions Financial Services Culinary Institute




Financial Planning

The Art Institute of Las Vegas provides "financial planning" for its students. This means that we can provide a payment plan that will allow you to budget for your entire program. Our goal in Student Financial Services is to make your monthly payments as affordable to you as possible. After you complete the application forms, your Student Financial Planner will review them using a federally required calculation to determine your eligibility for financial aid. The Planner will then work with you and your family to devise a Student Financial Plan to help you cover your educational expenses, based on your financial aid eligibility and your family circumstances.

How federal aid is awarded

When you complete the FAFSA (Free Application for Federal Student Aid), and indicate The Art Institute of Las Vegas as one of your school choices, we will be able to receive an ISIR (Institutional Student Information Report) electronically. The ISIR will contain an EFC - Expected Family Contribution. The EFC is determined by a set federal formula, and relates to the amount that you (and your parents, if you are a dependent student) might be expected to pay for direct and indirect costs for one academic year. The EFC, in relation to your costs, is used by the school to determine your eligibility for the Federal Pell Grant, the Federal SEOG, the Perkins Loan, and the Federal Subsidized Stafford Loan. These aid types are referred to as "need based" aid. Scholarships are available to those who qualify.

Financial Aid

To receive financial aid, you must meet the following eligibility requirements:

  • Not be in default on a prior federal education loan or owe a repayment on a prior federal grant
  • Possess a high school diploma or GED
  • Be enrolled or accepted for enrollment as a regular student working toward a degree or certificate in an eligible program
  • Be a US citizen or eligible non-citizen
  • Have a valid Social Security Number
  • Make satisfactory academic progress (continuing students)
  • Be registered with Selective Service, if required
  • Not have been convicted of certain drug offenses
  • Sign a statement of educational purpose and a certification statement on overpayment and default (both found on the FAFSA)

Determining dependency status

If you can answer "Yes" to any of the questions below you will be considered "independent" for federal financial aid purposes, and your parents will not need to answer the parent questions on the FAFSA. If you answer "No" to all of these questions, you are considered to be "dependent" for federal financial aid purposes.

  • Were you born before January 1, 1979 (for 2002-03 FAFSA, January 1, 1980)?
  • Are you married?
  • Are you supporting legal dependents other then a spouse?
  • Are you an orphan?
  • Are you a ward of the court?
  • Were you a ward of the court until age 18?
  • Are you a veteran of the US Armed Forces?

Scholarships

The Art Institute of Las Vegas offers tuition scholarships based on merit, motivation and need to both new and continuing students. To find out more about scholarship opportunities such as the Best Teen Chef Competition, Art Institutes and Americans for the Arts Poster Design Competition and Art Institute of Las Vegas Match Scholarship program, fill out the form to the right and we’ll have a representative contact you and get you the information you need

Fill out the form today… let’s get started on your future!

  



2350 Corporate Circle
Henderson, Nevada 89074-7737