Guest blogger Summer Collins – Financial Aid Advisor
Have you ever wondered what FAFSA stands for? Well it is the free application for federal student aid. That is how many of our students are able to receive assistance for school here. As many of us may know, financial aid is always changing. In the upcoming fiscal year there are several anticipated changes but, it is not subject to change until July 1, 2012. It varies from interest rates, new regulations, and the ability to benefit test. Also, tax season is over which leads to the new regulation for the 12-13 FAFSA. It requires students to complete the IRS Data Retrieval tool. If students have not done so they should as soon as possible. If students are not able to use this tool they must request an IRS tax transcript because we cannot have tax forms in a financial aid file. In addition to the 12-13 FAFSA subsidized loans are anticipated to change. The interest rate is going up to 6.8%. It is also anticipated that as of July 1, 2012 students who have taken the ability to benefit test will not be able to receive financial aid any longer. Students without high school diplomas will have to obtain a GED or high school diploma to get federal assistance. If you would like more information on financial aid grants and student loans I strongly recommend making a PIN number used for many financial aid purposes at www.pin.ed.gov. After you have completed making a PIN number and It has become active complete Entrance Counseling at www.studentloans.gov. This will give you a better understanding about student loans and grants.
Its nine days into the month of April and we have just completed another successful new class orientation at the National City campus. This group included future professionals enrolled in Cosmetology, Make-up and the Spa nail program. The four class starting in 2012 have increased the overall population of the campus by 30% bringing the total number of students to its highest point in several years. The caliber of students that are committing to Bellus Academy on a monthly basis are the driving force behind the success that we are attaining in National City.
With newly enhanced facilities and continued excellence to education, the increase has not gone unnoticed. Kalia White, a National City student, has recently become the first invitee from this campus to complete a 2-week externship with the Global icons Sonya and Christopher Dove at their beautiful studio in Santa Monica, CA. Joining Kalia are seven other future professionals currently preparing to be placed in multiple extern salons all-over the San Diego area.
The success of these students coupled with improving licensure and job placement rates have the word spreading about the changes taking place in the eldest of the four Bellus Academies. Through commitment to education, hard work and a tremendous amount of dedication big things are continuing to take place down south in National City.