Financial Aid


Help paying for college may be available to you through federal student aid programs!
Visit http://www.fafsa.ed.gov/ to learn more.

Every student must file the FAFSA on line if they wish to apply for a Pell Grant or a Federal Direct Loan.

The FEDERAL SCHOOL CODE for the College of Office Technology is 017378.

Various Title IV Programs are available through Federal Student Aid. These programs are in place to help students demonstrating need and/or academic achievements pursue their education by increasing the accessibility and affordability of educational opportunities.

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Familiarize yourself with some Title IV Programs by visiting the following link:
http://federalstudentaid.ed.gov/about/title4_programs.html

Other methods of student payment include: cash, Visa, Mastercard, money order, or cashier's check.

Frequently Asked Questions 

How can I determine if I qualify for financial aid?
You can start by filling out the FAFSA online at http://studentaid.ed.gov/ this application will help you determine your financial aid eligibility.

I'm having trouble paying back my student loan, what can I do?
Consult the http://studentaid.ed.gov/ website for payment options including the option of deferment, forbearance, or payment plan. You will need to contact your loan servicer to discuss these options.

Can I still attend COT if I am in default on a student loan?
Applicants in default on a student loan would not be able to qualify for financial aid at the College of Office Technology and would need to make other payment arrangements. If you are in default, please contact the Department of Education Default Resolution at:
1-800-621-3115.
For more information regarding loan default visit:
http://www2.ed.gov/offices/OSFAP/DCS/index.html

Financial Aid Satisfactory Progress

To remain eligible, students who receive Federal Financial Aid must comply with the College's Satisfactory Academic Progress standards.

Financial Aid Probation: Students who do not achieve Satisfactory Academic Progress standards for the first quarter are placed on financial aid probation. They remain eligible for financial aid but have only one additional quarter in which to meet the Satisfactory Academic Progress standards. If a student does not meet Satisfactory Academic Progress standards for his or her second consecutive quarter, the student cannot receive further federal financial aid and may be dismissed.