Financial Aid

A helpful guide to financial aid and veterans benefits….

The Carolina School of Broadcasting is accredited by ACCSC and approved by the Department of Education to offer certain Title IV programs such as Pell Grants, Stafford Loans and Plus Loans. These programs can assist you in offsetting the cost of your education through grants and through lending programs that offer the lowest rates possible. You can learn all about these exciting cost saving opportunities by going to www.fafsa.ed.gov. Your eligibility for financial aid is determined by your FASFA.

Step 1: Apply to CSB

You can apply to Carolina School of Broadcasting by calling the school or going online to set up an appointment. At this appointment, you will apply and test for entrance. You can begin the CSB application process at any time since Carolina School of Broadcasting begins classes intermittently throughout the year.  Click the Start Here button below, call 704-395-9272 or email myfuture@CSBradioTV.edu to apply.

Step 2: Complete the FAFSA

You must complete the Free Application for Federal Student Aid (FAFSA) to apply for federal aid. The FAFSA may be completed online at www.fafsa.ed.gov. You will also need a Federal PIN to sign your FAFSA. That may be obtained online at www.pin.ed.gov. Please protect the privacy of this number and do not lose it for future reference. You will also need the CSB school code which is 041013 and a copy of your federal tax return to complete the FAFSA.

The FAFSA application process will identify your Expected Family Contribution (EFC) as well as several other key aspects that will be used to determine your overall Title IV financial aid eligibility.

Step3: Complete Virtual Financial Aid Office (VFAO) Interview

The Department of Education will process your FAFSA and email you a Student Aid Report (SAR). The SAR will contain your Expected Family Contribution (EFC). With this information, please proceed to https://carolinaschoolofbroadcasting.vfao.com and register on the site. Once registered, you can fill out an interview. The interview information along with your FAFSA information will be used to process and award your financial aid. Once the CSB financial aid has your FAFSA and interview, a financial aid estimate will be prepared for you.

Grants and Loans for CSB Students

One of the most important investments of time and money that you can ever make, if you are interested in broadcasting, is in obtaining a skill, vocation, trade or career through Carolina School of Broadcasting. Before you decide you cannot afford it, ask yourself if you can afford not to prepare yourself to compete with those who have sought education and practical training? Your education at CSB is an investment. It has the potential to repay you many times over for years to come. But you may need assistance to get started, therefore consider the following:

You do not have to be disadvantaged to receive financial assistance.

Whether a student is eligible for assistance is determined by need. Everybody’s needs are different. The U.S. Department of Education sets the guidelines for the programs and their descriptions. The information is provided to students and their families in a publication called “Funding Education Beyond High School.” Copies of this publication are available in the financial aid office or on line at http://www.FederalStudentAid.ed.gov/pubs .

We suggest you read this valuable information and discuss with your family. If you need help or have questions we suggest you call to make an appointment to talk to a CSB FAO advisor. The CSB Financial Aid philosophy is to help every eligible student receive as much financial aid as they or their family is entitled to receive. Many students receive aid through the Federal Pell Grant program. The Pell grant will not cover all of the tuition and fees, therefore most students will seek additional funds through the Federal Direct Loan Program (FDSL).

Eligibility and Application

Federal student aid is financial assistance through the U.S. Department of Education that’s available if you decide to enroll at CSB. Federal student aid may cover expenses related to your enrollment at CSB such as tuition. Eligibility for most federal student aid programs is based on financial need and several other factors. Your eligibility and “need” is determined by the information you provide on the Free Application for Federal Student Aid form. This is also known by its acronym as FAFSA. You may apply via the internet at www.fafsa.ed.gov .

If you need assistance completing the FAFSA, please call the CSB Financial Aid Office for an appointment. We will be happy to help! Basic eligibility requirements include demonstrating financial need, be a U.S. citizen or eligible noncitizen with a valid Social Security number (SSN), be working toward a degree or certificate in an eligible program, show that you’re qualified to obtain a postsecondary education (have a high school diploma or a General Education Development (GED) Certificate), register (if you haven’t already) with the Selective Service if you’re a male between the ages of 18 and 25 and maintain satisfactory academic progress once in school. *

Assistance Programs:

Federal Pell Grants

The Federal Pell Grant is financial aid that does not have to be repaid. The Federal Pell Grant program is funded through appropriations to the U.S. Department of Education from the U.S. Congress. New appropriations are made each year, and the amounts of student awards may change annually.

*Eligibility – This is sought by filing a FAFSA form as described above. Call the CSB Financial Aid Office and schedule an appointment to complete the form (if you need assistance or have questions). Most students apply on line at www.fafsa.ed.gov.

*Guidelines – Through the Federal Pell Grant Program eligible students may receive grants up to $5,037. This amount is currently authorized through the 2013-2014 school year. After a FAFSA is completed, a student will receive a Student Aid Report (SAR). The Federal Pell Grant program eligibility is conveyed through this report. The CSB financial aid office will determine the actual amount of your grant award based upon full time or part time enrollment. Students who have already received a Bachelors degree are not eligible for the Pell Grant.

*Student Responsibility – All CSB enrollees must maintain acceptable attendance, a diligent goal oriented work ethic remaining consistently in good standing and in compliance with all requirements as stipulated in the CSB catalog and handbook. Each student must also sign a Statement of Educational Purpose and a Certification Statement on Refunds and Defaults both of which appear on the FAFSA. No repayment will be requested when all responsibilities are met.

Federal Direct Loan Program

These loans include the Federal Stafford interest subsidized and unsubsidized and Federal Parent PLUS Loans (FPLUS). Stafford loans are low-interest loans made to students. A Federal PLUS Loan is not based on financial need and is a loan in the parent’s name. To be eligible for a PLUS loan, parents must not have an “adverse” credit history as defined by federal regulations. For each child enrolled in school, parents may borrow up to the full cost of attendance each year minus any other financial aid that the student receives.

*Guidelines – Loans are serviced through the Stafford loans Direct Loan Program. No repayment of the Stafford loan is due while the student remains in school in good standing. Upon graduation or withdrawal, a six month grace period is accorded each student before scheduled payments on principal and the remaining interest begins. Repayment must be made to the lender at a minimum rate of $50.00 per month. Repayment on Plus loans usually start 30 days after the first disbursement. However, parents can elect to have their repayment deferred while the student is in school. Please contact the Financial Aid Office if you are interested in this option. Currently, the rate for Stafford subsidized loan and Stafford unsubsidized loan is 3.86% and Plus loan interest rate is 6.41%.

*Eligibility – To be eligible for a subsidized (interest paid by the U.S. Department of Education) Federal Stafford Loan of up to $3,091.00 per school year, the student’s financial need must be evaluated. You must complete a FAFSA to evaluate need. You may be required to verify your family situation.  Students may also be eligible for up to $5,297 in Stafford Unsubsidized Loans. “Plus Loans” require that your parents have a good credit rating and may help cover any remaining expenses.


*Application – The student applicant or parent if applying for a PLUS loan must complete the on line loan application(s). Once the Master Promissory Note has been completed and the appropriate loan applied for, the school will be notified. You will be required to attest with your signature that you are not in default of any existing student loans or any other Federal Financial Aid and that you will use the loan only for the stated purpose of your CSB education.

The application for the Federal Stafford Loans is the FAFSA.  A parent must apply for a PLUS loan online at www.studentloans.gov.  Both Federal Stafford loans and PLUS loans require a Master Promissory Note which may be completed online at www.studentloans.gov.


*Student Responsibility – After you remain in good standing with CSB and make the most of your education, you will begin to repay your loan beginning six months after you graduate or withdraw from school. Upon graduation or departure from CSB, please be sure you understand your responsibility to the lender in the form of repayment arrangements. Keep CSB and your lender informed of any address or name changes and strive to pay your loan on time and preferably in advance of the due date. Efficient repayment builds your credit rating. Failure to act responsibly will result in a poor credit standing that will follow you wherever you go in addition to other serious consequences such as wage garnishment.


*Repayment – Federal Stafford Loan repayment begins six months after you graduate or withdraw from CSB and both principal and interest are together repaid at a minimum rate of $50 per month. Examples of repayment schedules are available from the CSB Financial Aid Office.

Foremost, please understand that all loans must be repaid. The CSB Financial Aid Office will provide you with a review of all loan details upon entrance and departure so you are certain of your rights and responsibilities.

Some Helpful Links:

Net Price Calculator

www.studentaid.ed.gov (Student Aid)
www.fafsa.ed.gov (FAFSA Website)
www.pin.ed.gov (Federal PIN Website)
www.studentloans.gov (Student Loans Website)
www.cfnc.org (College Foundation of NC)
https://carolinaschoolofbroadcasting.vfao.com (CSB VFAO website)

 

VETERANS, you may utilize your Montgomery G.I. Bill and Post 9-11 Benefits at Carolina School of Broadcasting.

The North Carolina State Approving Agency is given authority to grant approval for enrollment of veterans, military and other eligible persons under provisions of Title 38, Section 3676, United States Code.

Carolina School of Broadcasting is approved by the North Carolina State Approving Agency to offer training to those students wishing to utilize their veterans’ benefits.  To get started, CLICK HERE.

If you don’t have the capability to apply online, you can call 1-888-GI BILL-1 (1-888-442-4551) to have a form mailed to you.  Or contact the school’s Certifying Official at 704-395-9272, Ext. 20.  We will be glad to provide you with everything you need.



Accreditation
Carolina School of Broadcasting is accreditated by the ACCSC.
Financial Aid
Federal funding is available to assist with your tuition for those who qualify.
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