While GIAL strives to keep tuition rates low, students who qualify may also receive financial aid in the form of GIAL scholarships and work study. To apply, complete the Application online by April 1 for the Fall term (July – December) or October 1 for the Spring term (January – June).
Applicants will want to first refer to “What will it cost” (http://www.gial.edu/finance/cost/) and “Net Price Calculator” (http://www.gial.edu/finance/net-price-calculator/) to get estimated figures to respond to the questions on the online application. When ready you can click the Apply for Financial Aid button:
Applicants applying for financial aid may wish to refer to the Financial Aid FAQs or contact the Financial Aid Administrator (email@example.com) with questions. All financial aid will be administered according to GIAL’s nondiscriminatory equal opportunity policy.
For several reasons, GIAL does not offer federal scholarships or student loans. The US Department of Education has designated GIAL as an eligible institution for Federal Student Aid (FSA). As a result, students attending GIAL may receive deferments on FSA program loans and be eligible for the Lifetime Learning Scholarship tax credit on their federal taxes. However, although GIAL is designated as an “eligible” institution, it is not certified to participate in FSA programs like direct or campus-based loans or Federal Work-Study.
GIAL graduate level students are awarded financial aid on a term by term basis assuming the student continues to meet scholarship requirements. Currently undergraduate students are eligible only for work study at GIAL. For other possible financial aid opportunities, both graduate and undergraduate students are encouraged to explore the Outside Scholarships document on our website. NOTE: Audited courses do not qualify for any kind of financial aid.
Qualifying for Financial Aid at GIAL
To qualify for financial aid from GIAL, students must maintain the following during their program of study:
a. Progress toward the completion of their program of study
b. 3.00 GPA or better, currently and cumulatively
c. Full-time status
If there are other requirements for specific scholarships in a student’s financial aid package, those requirements must be met each term in order to receive the amount of that scholarship.
All awards are to contribute only toward tuition expenses.
Scholarship recipients are responsible for meeting IRS requirements and obligations entailed by the receipt of scholarship funds. For any questions regarding the taxability and reporting requirements, please refer to IRS publication 970 “Tax Benefits for Education”. You can access the document online at http://www.irs.gov.