Financial Aid
Financial Aid

Financial AidFinancial Aid is financial assistance to students whose resources may not fully cover the costs of acquiring an education. It may consist of a combination of grants, low cost loans, reimbursement and other arrangements. Grants are considered gift aid and do not have to be repaid. Loans are just that - funds lent to a student in order to help defray education expenses and must be repaid. There are many sources of assistance beyond the Federal Title IV programs. All those in which we participate are discussed below; however, the student is encouraged to investigate any source that might arise. For instance, scholarships are varied and ever-changing.Financial Aid

Students are not eligible for financial aid if they are currently in default on a previous student loan or owe a repayment for a federal grant. However, a student's eligibility may be restored. If the student is in default on a loan, in order to regain eligibility, the student must either repay the loan in full or make satisfactory repayment arrangements with the loan holder and meet all other necessary eligibility requirements. If the student owes a repayment for a federal grant, in order to regain eligibility, the student must repay the entire amount or make arrangements to repay the overpayment and meet all other necessary eligibility requirements. All students are required to attest that proceeds of their financial aid will be solely used to pay the cost of attendance at Centura College.

Centura College will help you make your education affordable and feasible by helping you attain the financial aid for which you are eligible. Our highly skilled financial aid officers will help you with a variety of tuition assistance source, including:

  • Federal Family Education Loan Program
  • William D. Ford Direct Loan Program
  • Private loan plans
  • Scholarships
  • Grants

Further, our financial aid staff will inform you about educational programs for veterans, vocational rehabilitation, and other sources of available assistance. Other financial solutions we will help you discover include:

  • Non-repayable Federal Pell Grants, available based upon financial need for those that qualify
  • Subsidized Federal Family Educational Loan Programs at reduced interest rates, available for those who qualify
  • Programs for those who work and study at the same time
  • Vocational rehabilitation programs
  • Programs for veterans of military service and their dependents
  • Tuition assistance programs for active duty military
  • Programs for children and spouses of deceased or disabled veterans
  • Railroad retirement benefits for parents
  • Competitive scholarships
  • Tuition reimbursement plans from employers.


You will be surprised at the ideas, advice, and assistance we will be able to provide as financial resources. It is important, though, that you contact us as soon as possible, so that we can begin helping you find financial aid.

How You Can Afford to Attend Centura College

  1. Non-repayable Federal Pell Grants are available based upon financing for those who qualify.
  2. Subsidized and Unsubsidized Federal Family Education Loan Programs with reduced interest rates are often available for those who qualify.
  3. Some applicants qualify for vocational rehabilitation.
  4. Workers and economically disadvantaged students can qualify for some programs.
  5. Veterans of military service and dependents qualify for some programs.
  6. Active duty military can participate in a tuition assistance program.
  7. Monthly payments from you or your family can help pay for your education.
  8. Children or spouses of deceased or disabled veterans can qualify for some programs.
  9. Some parents qualify for railroad retirement benefits.
  10. Some students qualify for competitive scholarships.
  11. Some companies have tuition reimbursement plans.

Prospective students and their parents are encouraged to contact a Financial Aid Advisor of the school. Centura College is recognized by the U.S. Department of Education as a proprietary institution of higher education for the purpose of student participation in federal grant and loan programs. In order to be eligible for any of our programs, you must be a U.S. citizen or permanent resident and maintain Satisfactory Academic Progress. Since all aid received from any Federal Family Education Loan Program must be used only for educational purposes, students receiving such aid must sign a Statement of Education Purposes, promising that the assistance received will be used only for expenses related to attending school.

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