Lorain County JVS Logo

Adult Career Center

Financial Aid Assistance

Pell Grants

Pell Grants are only awarded to students who have a high school diploma or the equivalent. Pell Grants are classified as gift aid; they carry no repayment obligation. Only courses that are 600 or more hours in length are Pell eligible. Pell grant awards  are based on need, which is determined when students complete the Free Application For Federal Student Aid (FAFSA).  Any student wishing to receive a Pell Grant must meet the eligibility requirements established by the U.S. Department of Education.
 

The maximum award that a student can receive if enrolled full-time for the 2018-19 award year is $6,095. This is for programs of at least 900 hours. Students in programs of less than 900 hours will have Pell Grant awards prorated accordingly.

To apply for the Pell Grant, the following steps must be completed:

  1. The Free Application for Federal Student Aid (FAFSA®) form is available to students and parents to complete through the myStudentAid mobile app and the fafsa.gov website. Download the myStudentAid app in the Apple App Store (iOS) or Google Play (Android).  If you would rather utilize the fafsa.gov website, please go to https://fsaid.ed.gov/ to create your FSA ID username and password. You will use this to login and sign your FAFSA. If parental information is required on the FAFSA, a parent must also create an FSA ID username and password.
  2. Gather all of the documents that you may need to help you complete Pell Grant application: bank statements, tax forms, social security information, etc.
  3. Complete the Free Pell Grant appplication, known as the FAFSA.
  4. If possible, PLEASE USE THE IRS DATA RETRIEVAL TOOL to directly transfer your tax information into the FAFSA.  This will ensure that income information reported is is accurate and will eliminate your need to submit IRS tax transcripts if you are selected for verification. 
  5. Be sure to enter the Lorain County JVS School Code:  026038
  6. You will receive a Student Aid Report; thereafter, contact the financial aid office or set up an appointment with the financial aid office.

Note: Students who have already completed a FAFSA for the current award year for the purposes of enrolling in another institution do not need to submit a new FAFSA. Students must simply login to edit their FAFSA by adding the JVS school code, 026038, and saving their application.

It is important for students to be aware that Satisfactory Progress must be maintained for continued Pell Grant and/or Federal Student Loan eligibility. Lorain County JVS defines Satisfactory Progress as a 90% attendance rate and a 77% academic average. Any student who is dismissed due to not meeting these requirements or who withdraws from the program for other reasons may face financial consequences.

Students awarded Title IV who do not complete programs will have their Title IV Awards prorated. This means that the financial administrator will divide the hours that the student was scheduled to have completed on the date of withdrawal and divide by the total number of hours in the period of enrollment. This would be the the percentage of the Title IV Award earned that would be drawn and applied to the student account. For example, a student completes 225 hours of a 900 hour program; 25% of the total Title IV award would be applied to the student's balance. It is important that students realize that in this situation, they would be responsible for any remaining balance due to the JVS.

If a student withdraws after 60% of his/her class hours have been scheduled, he/she has earned 100% of his Title IV funding; however,  Post-Withdraw Disbursement federal regulations must be followed at this time.

Federal Stafford Loans (William D. Ford Federal Direct Loans)

Federal Stafford Loans must be repaid. Students interested in borrowing money from a Federal Stafford Loan must first complete a FAFSA. The results of the FAFSA will determine whether a loan will be subsidized or unsubsidized. 

The maximum subsidized loan that a  first year full-time student can receive is $3,500.  Students enrolled in programs less than 900 clock hours will have their maximum subsidized loan eligibility prorated.

Borrowers must complete entrance and exit counseling.

 A subsidized loan is a need-based loan on which the government pays the accumulating interest while the student is in school.

An unsubsidized loan is not based on need, and the student is responsible for paying the interest that accrues from the time of disbursement.

CAUTION:  Students should be sure that they will be capable of assuming the debt that results from borrowing money through a Federal Stafford    Loan.  Defaulting on a Federal Loan can result in wage garnishment, income tax refunds being withheld, and a poor credit rating. 

Ohio Means Jobs

The OhioMeansJobs Lorain County One-Stop system, is a partnership of local organizations that deliver a comprehensive system of high quality, customer-friendly services designed to meet your education, training, employment or supportive services needs.

Ohio Means Jobs
42495 North Ridge Road, Elyria, Ohio 44035
(440) 324-5244
www.loraincountyworks.com

Bureau of Vocational Rehabilitation

The Bureau of Vocational Rehabilitation provides services leading to employment for people with physical, mental, and emotional disabilities. Students can contact the BVR to see if they qualify for financial assistance for tuition, fees, books and supplies.

Bureau of Vocational Rehabilitation Regional Office
5241 Southwyck Blvd., Suite 200
Toledo, OH 43614

Voice (740) 354-7951
TTY (740) 354-7956
FAX (740) 353-2789
Toll-free (800) 637-9341

2173 North Ridge Road East, Suite E
Lorain, Ohio 44055
(440) 240-1060
http://www.ood.ohio.gov/

Community Foundation of Greater Lorain County

The Community Foundation of Greater Lorain County awards annual scholarships for post high school education. Some scholarships have specific eligibility requirements that must be met to qualify. Visit the Community Foundation's website for detailed scholarship information.

Community Foundation of Lorain County
9080 Leavitt Road
Elyria, Ohio 44035
(440) 984-7390
www.peoplewhocare.org