Title IV Assistance

The Stenotype Institute’s Financial Aid offices provide assistance to qualified students through administration of Title IV Federal Student Aid Funds. The institution’s two locations both participate in the Federal Pell, Stafford (subsidized and unsubsidized), and Federal PLUS programs; they do NOT participate in any form of campus-based aid such as work-study, SEOG, or Perkins Loans.

The Federal Pell Grant and Federal Subsidized Stafford Loan (formerly Guaranteed Student Loan) are need-based programs. A student's resources are evaluated on the appropriate needs-analysis system. If the resources are less than the allowed budget as specified in the federal regulations, that need may be met by Federal Pell Grant and/or Federal Stafford Loan funds. If a student's resources are greater than the allowed budget, or if the student's personal situation does not meet certain criteria also specified in the federal regulations, the student will be ineligible for need-based financial aid.

A non-need student is eligible for the Federal PLUS Loan (e.g., a loan to parents on behalf of a dependent student) or a Federal Unsubsidized Stafford Loan (e.g., loan to an independent student).