ADMISSIONS
Financial Aid Information
Welcome to The Los Angeles Film School Financial Aid website! Here you will find information on applying for federal, state, and other forms of aid that will assist you in securing funding for one of our degree programs. To begin the process, please click on the following Net Price Calculator to obtain information on program pricing and preliminary estimates on available funding: NET PRICE CALCULATOR
Now that you have learned more about the pricing structure of our programs, it is time to discover what assistance we can provide to offset these costs. The Los Angeles Film School’s Financial Aid Department is here to assist you in understanding what we offer and counsel you in making the best decisions for long-term planning. Approximately 80% of our students receive some form of Financial Aid during their educational program. Each financial aid package is unique to the student's personal situation, and we would like to help you in determining your specific needs.
Please read below to learn more about the FAFSA application, government aid, and other assistance programs that are offered through our school. Better yet, view the “Contact Us” section at the bottom of the page to schedule an appointment so we can walk you through the process in person. We look forward to hearing from you soon!
1. FAFSA APPLICATION
Students must fill out a “Federal Application for Federal Student Aid” (FAFSA) to begin the process of applying for Financial Aid. You can get information about the FAFSA, obtain a PIN, and apply online by visiting their website: www.fafsa.ed.gov. When completing the application, please input the following school code in step six: 040373.
2. FEDERAL GRANTS
Pell Grant
This is a federal grant awarded to students with exceptional need and is money that does not need to be repaid. The exact amount students are awarded is based on the information provided on the FAFSA, with the maximum amount not to exceed $5,550 per award year. Students must maintain satisfactory academic progress and meet the eligibility requirements for this grant. For more information on the Pell Grant program, please click here or contact a Financial Aid representative.
Federal Supplemental Educational Opportunity Grant (FSEOG)
This is a need-based federal grant program for any student with an Expected Family Contribution (EFC) that is below a certain level. The annual award amount is determined by the institution (based on budget and annual funds allocated).
3. FEDERAL LOANS
Students are eligible to participate in the Direct Loan Program. Students must complete the Free Application for Federal Student Aid (FAFSA) and meet all eligibility requirements to apply. First time borrowers must complete loan entrance counseling and an electronic master promissory note prior to funds being disbursed (exit counseling is required prior to graduation). Direct Loans are established and disbursed by the federal government. Please see the following for a description of each type of Direct Loan (link to apply is at the bottom of this section).
a. Federal Stafford Subsidized Loan:
This is a Federal loan in which the government pays for all interest while the student is attending school. The student begins repayment on the principal and interest on the loan six months after graduation. Dependent and independent students may borrow up to $3,500.00 in their first academic year. Student must meet all eligibility requirements per government regulations.
b. Federal Stafford Unsubsidized Loan:
This is a Federal loan in which the borrower accrues interest while attending school. The student begins repayment on the principal and interest on the loan six months after graduation. 1st year dependent and independent students may borrow up to $2,000.00 in their first academic year. All independent students (as defined by the Department of Education) and any dependent students whose parents do not qualify for the PLUS loan may borrow an additional $4,000.00 in their first academic year. Student must meet all eligibility requirements per government regulations.
c. Parent PLUS Loan:
This is a Federal loan in which the parent is the borrower on the loan. The student must be dependent (as defined by the Department of Education) in order for the parent to apply for this loan. The borrower must be the biological parent or a stepparent that is the spouse of a biological parent. The parent’s credit must be approved in order to obtain this loan, but there are no minimum or maximum levels of borrowing. However, when combining this loan with the student’s other financial aid awards, the parent cannot borrow an amount that would cause the student to exceed their cost of education. Repayment begins six months after the student graduates or leaves their educational program.
DIRECT LOAN WEBSITE
4. FEDERAL WORK STUDY
Work Study is available for eligible students who qualify. Interested students are advised to meet with our Work Study Coordinator to view available positions. Students must maintain satisfactory academic progress in order to continue in the Work Study program. Funding varies depending on annual allocation from Department of Education and open positions. For more information on the Federal Work Study program, please click here or consult with the Work Study Coordinator in the Financial Aid department.
5. STATE AID
The Los Angeles Film School participates in the California based Cal Grant program. Students who are residents of California are encouraged to submit a FAFSA by March 1st of each year in order to determine eligibility in this state-based grant program. Upon enrollment, the Financial Aid department will review all eligibility information and will provide details on the specific policies related to the Cal Grant program. For more information and instructions on how to apply, please click here.
6. ALTERNATIVE LOANS
Private loans are available for students to cover tuition balances or living expenses once all federal assistance has been exhausted. Please click here for more information on the Truth in Lending Act (15 U.S.C. 1638(e)).
It is important to note that students may qualify for loans or other assistance programs under Title IV, HEA programs and that the terms and conditions of Title IV, HEA program loans may be more favorable than the provisions of private education loans. Students are free to use any lender of their choosing when applying for alternative loans. Students who wish to make use of alternative lending options must complete a self-certification form (available here) and forward to the lender of your choice. For more information on the school’s policy related to relationships with private lenders, please visit the below link on the institution’s code of conduct.
The Los Angeles Film School Private Lender Code of Conduct
7. GRANT/SCHOLARSHIP RESOURCES
Like grants, scholarships do not require repayment. They are awarded according to any number of factors, which may include academic merit, performing talent, participation in certain activities/ special interests, or demonstrated financial need. Scholarship requirements and application procedures vary depending upon the criteria set by the scholarship provider.
Institutional Scholarship
The Los Angeles Film School is proud to offer various scholarship options to our prospective students interested in completing one of our degree programs. This Scholarship Guide will provide an overview of the types of opportunities offered. Please read the description for each program to determine if any of these programs are right for you. We invite you to contact our Financial Aid department for more information and to obtain an application.
Outside Private Scholarships
Many clubs and organizations offer scholarships to vocation school students. You can obtain information about these awards from high school guidance offices, the library, or from the Internet. Past students have used the following free Internet scholarship search services:
www.FinAid.com
www.Fastweb.com
www.collegenet.com
If you or your family belongs to any social, civic, ethnic, religious, professional or service group, you should contact them. They often have educational assistance programs that are not advertised. Also, employers often have education assistance plans for employees and/or dependents.
8. OTHER SPECIAL PROGRAMS
a. Veteran’s Benefits
The Los Angeles Film School is proud to participate in the Post 9/11 GI Bill and the Yellow Ribbon Program. These military education benefits can be applied to housing expenses and fees, in addition to tuition. For more information on these programs and other approved chapters from the Veterans Affairs office, please contact our Military Admissions Office at (323) 494-5200 or military@lafilm.com.
b. Vocational Rehabilitation
Several states have government-funded programs that enable vocational rehabilitation training for individuals that meet specific guidelines. These guidelines most often include non-traditional students that are entering or re-entering the work force. Vocational rehabilitation programs vary from state to state and are meant to be used after all federal financial programs have been exhausted. For more information on Military Vocational Rehabilitation, please contact our Military Admissions office at: (323) 494-5200 or military@lafilm.com.
9. CONTACT US
The Financial Aid Department is open Monday through Friday from 9AM to 6PM and welcomes students to come in and learn more! We encourage you to contact us with any questions you may have regarding your specific situation.
Financial Aid Phone: (323) 769-8509
Financial Aid Email: finaid@lafilm.com
Financial Aid Policies and Procedures Manual
Procedure for Paying Federal Student Aid Credit Balances
