Financial Assistance Programs Available at Star Career Academy

Financial Assistance Programs Available at Star Career Academy

Financial aid programs offer a way to bridge the gap between what the student and family can provide and what it will cost to attend the school if you qualify.

Star Career Academy uses the Free Application for Federal Student Aid application (FAFSA) to determine eligibility for Federal Financial Aid Programs.

Gainful Employment information.

Concept of Financial Need

You do not have to be from a low-income family to qualify for financial aid, but you do have to be a person with a “financial need.” Your need is the difference between what it costs to attend any of the technical schools, culinary schools, or medical training programs at Star Academy, and what you and your family can contribute.

Here’s How It Works:

Cost of Going to School
(tuition, fees, books, supplies, room and board, and personal expenses)

Minus (–)
Your family contribution
 (the amount that you and your parents should be able to contribute)

Equals (=)
Your Financial Need

We work closely with Federal and State agencies such as:

  • Veteran Education Benefits
  • Workforce Investment Act
  • Division of Vocational Rehabilitation Services
  • NJ Department of Labor and Workforce Development
  • Jersey City Employment and Training Program
  • Private Investment Council
  • Department of Family and Community Development

Scholarships Available!

Scholarships for Education

Scholarships for Education

The Imagine America Foundation provides scholarships for education with a focus on career schools.
Find the best scholarships for education today.


In addition to the costs of your tuition and fees, books and supplies (which can be found in the school catalog), most financial aid programs estimate living expenses (i.e. living at home vs. a separate dwelling). This amount is called the “student expense budget”. The Financial Aid Office measures your ability to contribute against the appropriate student expense budget.

Although school costs vary, the amount you are able to pay stays the same. That is where financial aid helps. Financial aid programs offer a way to bridge the gap between what the student and family can provide and what it will cost to attend the school.

Tuition and fee schedule available here.

Net Price Calculators by Campus:


Star Career Academy participates in Title IV Federal Student Financial Assistance programs. Students who are U.S. citizens or permanent residents may qualify for one or more of the following financial assistance programs. To apply for financial aid, students must complete the “Free Application for Federal Student Aid (FAFSA) which is available through the Financial Aid Office or online at Financial Aid Administrators are available at each campus to assist students with their financial aid applications and questions.

Eligibility Requirements

Student financial aid applicants must satisfy certain eligibility requirements in order to e able to receive and continue to use financial aid. These requirements include, but are not limited to:

Students must possess a high school diploma, GED or must have demonstrated the ability to benefit prior to July 1, 2012*;

Submission of all documentation requested by the school or lender(s) or both;

Maintaining satisfactory academic progress in accordance with school policy;

Completion of “aid specific” requirements, such as verification of income, taxes paid, household size, as well as loan counseling.

In addition, graduating students who received student loans must attend exit loan counseling sessions and meet all other graduation requirements before they will be considered a graduate. All students who used any Title IV loans must attend exit counseling.

* To demonstrate the ability to benefit, a student who does not possess a high school diploma or GED must have enrolled, registered or attended a Title IV school in an eligible program prior to July 1, 2012. Proof of enrollment, registration or attendance must be provided. Students who are not able to demonstrate prior enrollment or registration at an eligible Title IV school in an eligible program may enroll in a program at Star Career Academy, but until they obtain at least a GED, they are not eligible to apply for federal financial assistance.

Federal Pell Grant Program

The Federal Pell Grant program is the foundation of the federal government’s financial aid programs. The Pell Grant, unlike loans, does not have to be repaid. If qualified, the Pell Grant amount will be determined by a formula established by the U.S. Department of Education. Please check with the Financial Aid Office for award minimums and maximums.

Federal Supplemental Education Opportunity Grant


The FSEOG is awarded to eligible students who apply for the Federal Student Aid Programs. To receive a FSEOG, a student must demonstrate exceptional financial need. Preference is given to students who receive PELL grants.

Federal Direct Stafford Loan Program (subsidized or unsubsidized)

A Federal William D Ford Direct Stafford student loan is a

low-interest loan originated by the U.S. Department of Education. Funds are paid by the federal government and credited to the student’s account. Eligibility for the Federal William D Ford Direct Subsidized Loans is based on student need and the overall cost of attendance (COA) at the institution for the program the student wishes to attend. Eligibility for the Federal Direct Unsubsidized and Federal Direct Parent Loan for Undergraduate Students (PLUS) are based mainly on the COA.

Federal Direct Stafford Loans are low-interest loans made to students attending school at least half-time. Federal Direct Stafford Loans, unlike grants, must be repaid, with interest. Payments normally begin six months after leaving school. Repayment depends on the amount borrowed and/or the ability to pay.

Students must complete the FAFSA before eligibility for the loan can be determined. This need-based loan offers in-school interest subsidies by the federal government. Students may also qualify for a non-need based Federal Direct Unsubsidized Stafford Loans. These loans do not offer interest subsidies. It is possible for students to have both subsidized and unsubsidized Federal Direct Stafford Loans.

Loan Limits

Independent undergraduate students can borrow up to $3,500 from the subsidized loan and $6,000 from the unsubsidized loan program. Second year independent students may borrow up to $4,500 from the subsidized loans and up to $6,000 from the unsubsidized student loan.

Dependent students may borrow up to $3,500 from the subsidized loan and an additional $2,000 from the unsubsidized student loan for their first academic year. During a dependent student’s second academic year, students may borrow up to $4,500 and an additional $2,000 from the unsubsidized student loan program.

Student loan programs are also subject to total (aggregate) borrowing limits. These limits include all loans borrowed while attending any school. The maximum aggregate loan limits for dependent undergraduate students are $23,000 from the subsidized loan program and not more than $31,000 from the combined total of subsidized and unsubsidized loan programs.

Independent undergraduate students and dependent students who are unable to borrow from the PLUS program have aggregate limits of $23,000 from the subsidized loan and not more than $57,500 from the combined total of subsidized and unsubsidized loan programs.

All students are required to participate in an Entrance and Exit Interview to ensure the student fully comprehends the rights and responsibilities of a borrower. Repayment on subsidized loans begins six months after ceasing enrollment. Repayment on unsubsidized loans including interest also begins six months after ceasing enrollment, but interest begins accruing at time of first disbursement. Students may choose to repay the accrued interest while in school which reduces the cost of borrowing.

If the borrower chooses not to pay the interest on the unsubsidized loan while in school, the interest will be capitalized (added to the principal) and the new loan amount will begin to accrue interest costing the borrowing more over the life of the loan.

Private Loans

There are lending institutions that offer loans to help cover the difference between the cost of education and the amount of federal financial aid a student will receive. A co-signer may be required to qualify for their lending program. Interest rates vary based on the lending institution. Please contact the Financial Aid Office for more information.


Tuition Financing

Students who have exhausted all sources of federal, state or agency funding and who still have a balance due to the school will be permitted to make payments to the school through a payment plan that may extend beyond graduation. There are no interest charges for this plan, but the student is required to complete a financing plan and corresponding disclosure forms. Students who subsequently do not honor the terms of the payment plan may be terminated from school and the remaining balance owed may be assigned to a collection agency. Late and returned, uncollected payments may be subject to additional fees as described in the disclosures.

Federal Work Study (FWS)

FWS is a federally funded program offered at the Manhattan, Brick and Egg Harbor campuses that assists students with costs of postsecondary education. The FWS program helps students earn financial funding through a part-time work program. FWS funding is given to institutions to provide work opportunities for students. The program is based on financial need and students must be accepted into the program to qualify.

Financial Services

The Financial Aid Office is ready to provide information relating to financing tuition and meeting ongoing personal expenses. Budgeting advice can be provided, as well as and assistance in applying for available aid sources including federal campus- based aid.

Contact Information for the FSA Student Loan

Ombudsman’s’ Office

The Ombudsman’s Office is a final resource after individuals look for help through other customer service avenues. Before contacting the Ombudsman, borrowers concerned about student loans should contact their loan holder or visit our web site for further information. Current students should contact their financial aid office first.

Via e-mail:

Via on-line assistance:

Via telephone: 877.557.2574 (toll free) or 202.377.3800

Via fax: 202.275.0549

Via mail:

U.S. Department of Education FSA Ombudsman

830 First Street, N.E. | Washington, D.C. 20202-5144

Trade Act or TRA — Star Career Academy is approved as an eligible institution to provide training by the Department of Labor and Industry. For additional information on eligibility requirements contact your State’s local Employment Office.

Vocational Rehabilitation — Star Career Academy is approved as an eligible institution to provide training under Vocational Rehabilitation. For additional information on eligibility requirements contact your State’s local Rehabilitation Office.

Adult Career and Continuing Education Services (ACCES) – New York Campuses Only — Star Career Academy participates in the training of eligible students through the ACCES program. This program is designed to serve persons with disabilities that constitute or result in substantial handicap to obtaining and maintaining gainful employment. ACCES counselors refer qualified persons to Star Career Academy and sponsor them through direct payments to the institution that cover part or all of their institutional charges.

Workforce Development Program (WDP)/Workforce Investment Act (WIA) — Star Career Academy has been approved for training by numerous counties under the WDP and WIA training programs. For additional information on eligibility requirements contact your State’s local Employment office.

Veterans Education Benefits — Qualified veterans and dependents are eligible for educational benefits while attending certain programs at Star Career Academy. With a few exceptions, programs offered are approved for the training of veterans by each State’s Education Department. Contact the Financial Aid office for an updated listing of eligible programs. The veteran and/or dependent may be eligible to receive funding from one of the following chapters:

Chapter 30 – Montgomery GI Bill (MGIB) Active Duty Education Assistance Program

Chapter 31 – Vocational Rehabilitation. To apply for Vocational Rehabilitation, the veteran must have been discharged from the military with a 20% or higher disability rating. Inquires should be directed to the Department of Veterans Affairs (VA).

Chapter 32 – Veterans Educational Assistance Program (VEAP) Chapter 33 – Post 9/11 GI Bill

Chapter 35 – Survivors and Dependents Educational Assistance Program

Chapter 1606 – MGIB Selected Reserve Educational Assistance Program

Chapter 1607 – Reserve Educational Assistance Program

Veterans’ eligible for educational benefits can use these benefits at any of the Star Career Academy campuses. Eligibility can be determined only by the Veterans Administration (VA).

Veterans Refund Policy — In the event that veterans or their eligible dependents sponsored as students under Chapters 30, 31, 32, 33, 35 of Title 38 and Chapter 1606, 1607 of Title 10 U.S. Code fail to enter the program or withdraw or discontinue attending at any time prior to completion, the amount charged for tuition, fees and other charges shall not exceed the approximate prorata portion of the total charges for tuition, fees and other charges that the length of the non-accredited program bears to its total length. A registration fee of $10 need not be refundable; any amount beyond that is subject to proration and refund [CFR 21.4254 (c) (13)]. The prorata portion may not vary more than 10 percent of the total costs for tuition, fees, and other charges.

Academic Standards Related to Federal Financial Aid In order to continue to qualify for federal financial aid programs, students must maintain satisfactory academic progress standards. These standards are outlined in the Academic Standards and Policies section of this catalog. Students not meeting these standards will be placed on Financial Aid warning. A student on Financial Aid warning is eligible to receive aid during this period. If at the end of the period the student has not achieved satisfactory academic progress, he/she will be ineligible to participate in Federal Aid programs, unless the student completes an appeal explaining the circumstances which caused the failure along with an explanation as to how the circumstances have been resolved. The appeal must be approved with an academic plan.

NOTE: New York — The failure of a student to immediately notify the Executive Director in writing of the student’s intent to withdraw may delay a refund of tuition to the student pursuant to Section 5002 (3) of the New York Education law.

Agency Scholarship

(New Jersey Campuses only)

Title III applicants enrolling under agency guidelines may be eligible for a scholarship for the balance of tuition. Applicants must apply all agency funding and grants towards tuition.

Kevin Tice Scholarship

The Kevin Tice Scholarship commemorates a valued member of the Star Career Academy family who after years of service and friendship to students and co-workers passed away in 2011. The Scholarship is available to one student each year who starts classes in the Summer (August and September). It covers the remaining cost of tuition and fees after the student has applied for federal grants. Applicants must meet all admissions requirements and have been accepted to the Newark campus. The applicant must be interviewed and submit a five hundred (500) word essay describing why the scholarship should be considered. The Executive Committee will make the final decision on who will receive the scholarship. The applicant selected for the scholarship must successfully complete the program to earn the scholarship.does


Financial Aid Officers are prohibited from:

  • revenue-sharing arrangements with any lender.
  • receiving gifts from a lender, a guarantor, or loan servicer.
  • contracting arrangements providing financial benefit from any lender or affiliate of a lender.
  • directing borrowers to particular lenders, or refusing or delaying loan certifications.
  • offers of funds for private loans.
  • call center or financial aid office staffing assistance.
  • advisory board compensation.