Financial Aid Information

Mobile Technical Training is committed to making education accessible and affordable to all of our students. All of our applicants are scheduled for a personal meeting with a financial aid counselor to develop a personalized plan to meet their educational expenses. 

Financial aid is any form of monetary support that assists you in paying for education and it comes in many forms: 

Types of Financial Aid

Scholarships & Grants

Grants and scholarships do not need to be paid back. Some are based upon financial need and require that you file the Free Application for Federal Student Aid (FAFSA) to determine eligibility, especially scholarships and grants from federal sources. Other grants may be available from state funded programs such as DVR, VESSID, and WIA. Other scholarships may be available from car club associations, high school programs, and membership to certain organizations. Please keep in mind, grants an scholarships are not guaranteed and may be limited to programs of study. 

Loans

Loans are a form of financial aid that must be paid back with interest to the lender over an extended period of time. All students who file the FAFSA will, at a minimum, automatically qualify for a Direct Student Loan from the federal government. 

Payment Plans

Payment plans allow students to structure tuition payments and other fees into installments throughout the year instead of paying a lump sum at the beginning of their program. 

How to Apply

Each year, aid applicants must submit a FAFSA. This application may be submitted in person to the financial aid office, or online at www.fafsa.ed.gov. The school’s federal code is 042578

The Financial Aid Office may request additional documentation to support a student’s request for financial assistance, including signed copies of federal income tax returns. The student’s financial aid package cannot be finalized until the financial aid office has received all requested documentation. 

For more information on how you can be eligible for federal financial aid, or to get help filling out the FAFSA Application, please contact the Financial Aid Department at 201-329-9000.

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When savings, scholarships, and federal aid are not enough to cover tuition, housing, and tool expenses, get the money you need to help pay for your certificate or trade school education. The Sallie Mae Career Training Loan can assist you with those expenses. Students planning to take any of our courses, can apply for a Sallie Mae Career Training Loan and may be eligible to borrow costs for tuition, tools, and any other expenses that are necessary for class. Students can apply today. It only takes 15 minutes to complete the application. The school will then contact you to review eligibility status. 

https://www.salliemae.com/student-loans/career-training-smart-option-student-loan/?lnkid=SM-HP-loanoptions-careertraining

Sallie Mae Career Training Loans Offer:

  • Low Interest Rates
  • Up to 10+ Years to Pay off the loan
  • Start paying interest while in school or choose to be deferred and hold your monthly payments for up to 12 months
  • Low Monthly Payments
  • Apply by yourself if credit history has been established
  • Apply with a co-borrower if your credit history has not been established 
  • Your co-signer can be a family or non-family member
  • The co-signer can be removed from the loan after 12 consecutive monthly payments 

Start the Process Today!