It is the goal of Gurnick Academy of Medical Arts to assist every student in procuring financial aid that enables the student to attend their chosen course of study. Gurnick participates in various federal and state student financial assistance programs. The financial aid programs are designed to provide assistance to students who are currently enrolled or accepted for enrollment, but whose financial resources are inadequate to meet the full cost of their education.
The majority of financial aid available to students is provided by the federal government and is called Federal Student Financial Aid (SFA) and is administered by the U.S. Department of Education (USDOE). This includes the Federal Pell Grant, Federal Supplemental Educational Opportunity Grant (FSEOG), Federal Stafford Loans, Federal Parental Loans to Undergraduate Students (PLUS), and Federal Work Study (FWS). The college also utilizes alternate source funding provided by the institution or private agencies. Alternate source loans enable the student to contribute to his/her education while in college.
The primary responsibility for meeting the costs of education rests with the individual student and their families. All financial aid is awarded on the basis of need, regardless of sex, age, race, color, religion, creed or national origin. Need is defined as the difference between the Cost of Attendance (COA) for one academic year and the amount a student's family can be reasonably expected to contribute to this cost of education for the same period calculated as the Effective Family Contribution (EFC).
Please see the following webpage for more detailed information:
http://www.gurnick.edu/financial-aid |