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Financial Aid for Aeronautics 

Aviation is a very rewarding career. Although cost may seem overwhelming, Fox Valley Technical College is committed to helping you achieve your goals and dreams.

FVTC students receive high-quality training at a fraction of the cost of other aviation training programs. The cost of the entire program is currently around $68,000 for the Aeronautics-Pilot Training (AAS) and $48,000 for the Aeronautics-Professional Pilot (TD).

Keep in mind that these fees do change on an annual basis. Federal financial aid is important for many students at FVTC. The steps outlined below can assist you through the financial aid application process.

Paying for College—Applying for Federal Financial Aid

As you prepare for college, it's especially important to understand that there are many types of financial aid (Grants, Loans, Scholarships, Work Study) available to help finance your education. There are tools available to help you determine your aid eligibility.

In order to receive financial aid, you must apply each year you are in college. If you don't think you qualify, try anyway. You may have more options than you think. Generally, the earlier you apply, the better your chances for aid may be.

The application process for financial aid is 100% online, and you are welcome to use the computers at FVTC to complete the application.

PRIORITY DATE for SUMMER 2014—February 1, 2014 (2013-2014 FAFSA, 2012 Tax Info)
PRIORITY DATE for FALL 2014April 1, 2014 (2014-2015 FAFSA, 2013 Tax Info)
PRIORITY DATE for SPRING 2015—September 1, 2014 (2014-2015 FAFSA, 2013 Tax Info)

PLEASE NOTE: The financial aid process can take up to 6 weeks for completion.

When determining how much college will cost, keep in mind the following items:
  • Tuition/Fees: The charge for classroom instruction, use of school facilities, and other programs
  • Housing: The cost of living
  • Meals: The cost of food on or off-campus
  • Books and Supplies: The cost of all materials needed for your courses
Once you've determined how much college will cost, you're ready to apply for financial aid and alternative funding sources. We've created 7 simple steps to help you through the application process.

Steps to Applying for Financial Aid

Everyone must perform steps 1-4; the rest of the steps are fund specific.
  1. Get a Federal Student Aid PIN
  2. Gather information required to apply for the FAFSA
  3. Receive and review the Student Aid Report (SAR) from the Federal Department of Education
  4. Respond and complete all requests from the FVTC Financial Aid Office
  5. What to do if you are awarded work study
  6. What to do if you are borrowing a Stafford Loan
  7. What to do if you would like to borrow more loan money

1. Get a Federal Student Aid PIN

Before beginning the Free Application for Federal Student Aid (FAFSA), you will need to apply for a Federal Student Aid Personal Identification Number (PIN) at https://pin.ed.gov. The PIN will allow you to sign your FAFSA electronically and later to access your processed FAFSA online as well as electronically sign your Master Promissory Note. If you are providing parent information on the FAFSA, one of your parents must also apply for a PIN and electronically sign your FAFSA.

2. Gather information required to apply for the FAFSA
To fill out your FAFSA application you will need:
• Your Social Security Number (and your parents' Social Security Number if you are required to provide parent information).
• Your driver's license, if you have one.
• Your Alien Registration Number if you are not a U.S. citizen.
• Federal tax returns and W2s for yourself, your spouse if you are married, and your parents if you are providing parent information. Use income records for the year prior to the academic year for which you are applying. You will also need amounts of other untaxed income (ex. tax deferred pensions, child support received, etc.), asset information (ex. stocks, bonds, mutual funds, second home, etc.) and current bank account balance(s).
• Fox Valley Technical College’s FAFSA School Code, 009744 .
• After completing your FAFSA, you (and your parent if applicable) must sign it with your federal PIN. Once submitted you will see your confirmation page.

Apply online at www.fafsa.ed.gov

3. Receive and review the Student Aid Report (SAR) from the Federal Department of Education.
You will notice your Estimated Family Contribution (EFC) is on the bottom of your SAR. If you qualify for grants and/or loans you will notice a dollar amount on your SAR. This does not mean that you have automatically received that amount; you will need to wait for your award letter from FVTC to know what grants you may receive.

4. Respond and complete all requests from the FVTC Financial Aid Office.
Each year the U.S. Department of Education selects approximately 30% of all FAFSA filers for a process known as “verification” to check the accuracy of information submitted on the FAFSA. This process requires our office to request additional information from you before determining the amount of financial aid you may receive. The most common verification requires that you submit to our office copies of your (and your parents if applicable) tax transcript and W2s along with a verification worksheet. Veterans who were in active military service may be asked for their DD214.

If you are required to submit additional information, you will be notified through the mail.

After all of your information has been processed by FVTC you will receive an Award Letter. This letter will indicate what Federal and State grants you may be eligible for. It will also indicate any Federal Subsidized and/or Unsubsidized Loans and/or work-study funding you may be eligible for.

5. If you are awarded work-study, log-on to your MyFVTC account to accept/decline your award.

If accepting, pick up a contact sheet at Enrollment Services. You will need to take the contact sheet with you to an interview where it will be filled out by the supervisor, if hired. (contact sheets will have an expiration date—if not hired by this date, your work-study award will be cancelled).

6. To receive your Federal Stafford Loan(s) you must complete the following three steps:
Go to https://studentloans.gov and complete:
1. Entrance Counseling

2. Sign Master Promissory Note

• For Steps 1 & 2 you will need to know your FAFSA PIN. If you do not know your PIN, you can request a duplicate PIN at www.pin.ed.gov

3. Log into your MyFVTC account
Under the Financial Aid section
  • Click on Financial Aid Awards
  • Click on appropriate Aid Year
  • Click on Accept/Decline
This will allow you to accept any dollar amount up to the awarded loan amount, or you can decline the loan.  Enrollment Services will see this in 24 hours.  The bookstore will then see it in 72-96 hours.

7. Applying for more loan money
If your status on the FAFSA is DEPENDENT, your parents may apply for a PLUS loan. If borrowing a PLUS (Parent Loan for Undergraduate Student), fill out the PLUS Loan Form and return it to FVTC's Financial Aid Office, complete the Online PLUS Loan Application, and complete the online Master Promissory Note.  PLUS Loan information
Note: Parents of Independent Students are ineligible for PLUS Loans.

If your status on the FAFSA is DEPENDENT or INDEPENDENT, you can apply for Private Loans. We encourage students to research the different lenders to find the best fit for your situation.   The private loan application process is an online loan approval process.  Private Loan information

If your status on the FAFSA is INDEPENDENT, you can apply for Additional Loans; these are additional Unsubsidized Federal Stafford Loans.  The additional loan request form must be filled out to prove financial need.  Financial Aid Forms--Additional Loan Request Form

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   Maintained by:

   Amy Rachubinski

   Last Modified:
   1/29/2014 7:50:17 AM