Orleans Technical Institute believes tuition costs should not prevent qualified and interested individuals from enrolling in its programs. All applicants are invited to meet one-on-one with a member of our Student Financial Services Department to help determine what types and amounts of financial aid s/he may be eligible for. The Institute will make every effort to assist applicants in applying for financial aid and/or set-up a reasonable payment plan while in school.

Our Financial Aid objective is to provide every student with the maximum amount of financial assistance he or she is legally entitled to receive. To accomplish this we will provide quality customer service, properly administer Federal and State aid, and any other funds received from third party fund sources.

Each student will receive a personal interview with a Financial Aid Officer to assist students in completing an affordable Estimated Financial Aid/Payment Plan.

Scholarships

Orleans Technical Institute offers a High School Scholarship Award Program for those interested in our Building Trades or Court Reporting programs.

Scholarships may also be available for Orleans Tech students from outside sources. These scholarships are not guaranteed or offered every year. The availability of the funds and the award amounts may vary, depending on the funding source.

Most of the outside scholarships require that the student have financial need, provide letters of recommendation, meet satisfactory attendance and academic standards and participate in interviews.

An exit interview is required if funds are awarded.

Any unused portions of scholarship funds will be returned to the funding source for recipients that do not complete their program of study in which the funds were awarded.

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Grants

Federal Pell Grant - Assistance received directly through the Federal Government.

Federal Supplemental Education Opportunity Grant (SEOG) - Assistance based upon need, received through the Federal Government.

Workforce Advancement Grant for Education (WAGE) Program - Assistance received from the Pennsylvania Higher Education Assistance Agency (PHEEA), in cooperation with the Pennsylvania Department of Labor and Industry. This grant is based upon need for independent Pennsylvania residents enrolled in an approved program of study listed on the Pennsylvania Department of Labor and Industry’s High Occupation Priority List.

Title IV School Code: 015427 for FAFSA

 

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Loans

The William D. Ford Federal Direct Subsidized Loan - interest loan borrowed directly from the U.S. Federal Government. This loan is repayable 6 months after last day of attendance.

The William D. Ford Federal Direct Unsubsidized Loan - interest loan borrowed directly from the U.S. Federal Government. It is repayable 6 months after the student’s last day of attendance.

The William D. Ford Federal Direct Plus Loan - interest loan borrowed directly from the U.S. Federal Government and is available to parents of dependent students in order to supplement the William D. Ford Federal Direct Subsidized or Unsubsidized Loan.

Federal Subsidized Stafford Loan - an interest loan borrowed directly from a bank, credit union, or savings and loan association, repayable 6 months after last day of attendance.

Federal Unsubsidized Stafford Loan - an interest loan borrowed directly from a bank, credit union, or savings and loan association, repayable 6 months after last day of attendance.

Federal PLUS Loan - interest loan borrowed directly from a bank, credit union, or savings and loan association that is available to parents of dependent students to supplement the Federal Stafford or Federal Unsubsidized loan.

School Code for Loans: 02183000

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Other Sources of Aid

Veterans Benefits - available to provide tuition for qualified veterans.

Federal Work Study - provides jobs for undergraduate students who need financial aid to help pay educational expenses. The program encourages community service work and literacy tutoring.

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Transfer Students

There are a number of steps you must take when transferring from one school to another. If you received financial aid at the first school, it will not automatically transfer to the second.

Students may visit the following website to access information concerning their financial aid history from their prior and current school: www.nslds.ed.gov

- If you have a Pell Grant, you must request a duplicate of your Student Aid Report (SAR/ISIR)* from the central processor. You will need your DRN (Data Release Number) from your original Student Aid Report. For a duplicate SAR/ISIR you can either request your school to make the request electronically on your behalf, visit www.fafsa.ed.gov , call 1-800-433-3243 or send your request in writing to:

Federal Student Aid Information Center
P.O. Box 84
Washington, DC 20044-0084

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Students Selected for Verification

You may be selected for verification by either the U.S. Department of Education or by Orleans Technical Institute. Verification means proving that what you report on the Free Application for Federal Student Aid is correct. If selected, you will be asked to verify any of the following information:

• Adjusted Gross Income
• Federal Income Tax Paid
• Your Household Size
• Certain Untaxed Income and Benefits Received
• The Number of Family Members Enrolled in Postsecondary Education at least half time* (parents can not be included in this number).

The Financial Aid Officer may request documents pertaining to untaxed income, benefits received, federal tax returns from you, your spouse and/or parent's. You will be required to explain any inconsistent or unusual information prior to receiving Federal Student Aid. Orleans Technical Institute is required by Federal regulations to make referrals to the U.S. Department of Education and U.S. Department of Justice if it is suspected that aid was requested under a false pretense.

You will be called in to discuss and sign a revised statement if there are any changes in your estimated financial aid awards after the verification process is complete.

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Worksheets & Forms

2008-2009 Verification Worksheet for Independent Students

2008-2009 Verification Worksheet for Dependent Students

 

 

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