Platt College San Diego participates under the Federal Student Aid and State programs. The Financial Aid Department is eager to assist you in determining your maximum financial aid eligibility.
Federal Pell Grant
Financial aid that does not have to be repaid. The Federal Pell Grant is awarded to undergraduate students – those who haven’t earned a bachelor’s degree.
Federal Supplemental Education Opportunity Grant (FSEOG)
FSEOG is awarded to students with the highest need; Federal Pell Grant recipients take priority; funds depend on availability at school.
William D. Ford Federal Direct Loan (Direct Loan)
Direct Loans are self-help aid funds that must be pay back.
- Subsidized Direct Loan is awarded to students based on need. The federal government pays the interest in behalf of the student while they are in school.
- Unsubsidized Direct Loan is not based on need; the borrower is responsible for all accrued interest for the life of the loan.
Federal Work-Study (FWS)
Allows the student to work part-time and earn money while attending school; does not have to be repaid back.
How to Apply for Financial Aid
Platt College San Diego’s FAFSA school code: 015180
The Free Application for Federal Student Aid (FAFSA) is the basic application for all federal student aid and some forms of state aid. The FAFSA can be completed online or by mail and should be done as early as possible each year. Before accessing the FAFSA online, the student must first obtain an FSA ID from the U.S. Department of Education. This FSA ID will allow the student to access their data and sign several documents electronically. The FAFSA application data is confidentially submitted to the U.S. Department of Education and they determine the student’s Estimated Family Contribution (EFC) based on a federal formula. The College and the student will receive the EFC information. The College uses the EFC to determine financial aid awards. It is important that the student provide accurate information on the FAFSA application as correcting inaccurate information is timely and may impact the student’s funding. Students and parents can contact the Financial Aid Office located on campus for answers to questions regarding financial aid.
The Net Price Calculator is a tool to assist students in estimating their educational cost. The Net Price Calculator will provide an estimate based on the information you provide and does not guarantee estimated awards. To obtain an official financial aid package, you will need to complete the FAFSA (Free Application for Federal Student Aid). The financial aid office uses the official FAFSA to determine financial aid awards.
A student may apply to a private lender for a loan to cover education expenses not covered by other program funds. These loans are generally subject to a credit check and a co-signer may be required. Interest rates on these types of loans may vary and be higher than the rates charged for the Stafford and PLUS Loan Programs. Contact the individual lenders for more details.
Code of Conduct for Education Loans
Platt College San Diego is a member of the National Association of Student Financial Aid Administrators (NASFAA). The College has adopted the use of NASFAA’s Statement of Ethical Principles and Code of Conduct for Institutional Financial Aid Professionals. Copies of the Statement of Ethical Principles and Code of Conduct are available from the Financial Aid Office upon request.
Loan Repayment Support
At Platt College San Diego, we understand that student loans can be intimidating. That’s why we have partnered with Inceptia, a division of the National Student Loan Program, to provide you with free assistance on your student loan obligations to ensure you feel comfortable and can be successful in your loan repayment.
Inceptia may be calling to help you with next steps in your repayment journey. Their friendly counselors are there to help you every step of the way. While you are in your grace period, they might reach out to you to answer questions you may have on your repayment options. If you become delinquent on your loans, they may also contact you to help find a solution that works within your means.
The Inceptia counselors are there to help you with every step by staying in touch with you via phone calls, letters, and/or emails. They will not be collecting money from you. Inceptia’s nonprofit purpose is to help you find answers to your questions and solutions to your issues. We encourage you to visit Inceptia’s Student Loan Knowledge HQ website at HeroKnowl.org.