Financial Services
Investing in your future
An education at FCC is an investment in your future. While our tuition rates are lower than many comparative private career colleges, financing such an investment can be a struggle for some. FCC students may apply for financial assistance to help lighten the financial load. Following is some basic information about scholarships, grants, loans and Federal Financial Aid that will help you in deciding how to finance your FCC education.
Scholarships and grants
A scholarship or grant is a sum of money given to an eligible student for the purpose of paying the student's costs for higher education. Students do not repay the scholarship or grant money but are required to meet specific criteria.
Loans
A loan allows you to borrow money from a lending institution or bank. Loans assist students with educational costs by spreading out the cost of their education over a long period of time in the form of monthly payments. Payments may start right away or shortly after graduation. Loans must be repaid according to specific terms and most likely attached with an interest rate (the cost to borrow money).
Things to consider
- Students should not rely solely on Federal Financial Aid to support themselves throughout the academic year.
- Students receiving Federal Financial Aid and scholarships are required to meet standards for satisfactory academic progress and attendance. Proof of such progress is verified prior to receiving financial aid. Failure to make satisfactory academic progress or satisfactory attendance requirements may result in the reduction or termination of financial aid.
