| Download
the price list for programs of study
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| West Tennessee Business College offers several different ways
to fund your education, most of which are listed here. Review these
options and contact us for more information. |
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| Apply for Financial Aid |
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| We encourage all students to apply for aid. The process begins
by a student receiving a financial aid packet. These are forms that
ask some basic questions about you, your income, and whether or
not you have ever attended any other institutions. These forms include
a Free Application for Federal Student Aid (FAFSA), a Verification
Worksheet, and an Institutional Financial Aid Application. A student
then meets with a financial aid counselor who goes over the forms
to make sure the information is complete. The counselor then processes
a "Needs Analysis" to see what type of aid the student
is eligible for. |
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| Financial Aid Website Links |
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Guide to Financial Aid www.finaid.org
Financial Aid for Students
www.ed.gov/offices/OPE/Students
Apply for Financial Aid Now www.fafsa.ed.gov
(FAFSA on the Web)
Direct Loans www.ed.gov/DirectLoan
Department of Education www.ed.gov
WTBC OPE ID # 004947
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| There are basically four types of aid: |
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| Grants |
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| Money that does not need to be paid back. There are two types
of grants: Federal and State. |
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| Loans |
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| Money that must be paid back. According to the type of loan, these
must be paid back beginning at a certain point (typically, your
payments begin 6 months after you finish your program). Repaying
loans offers a great opportunity for students to start building
good credit. |
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| Work Study Jobs |
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| For those students who qualify, they earn money while in school
to help pay educational costs. |
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| Apply for Scholarships |
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| WTBC offers two institutional scholarships, which are discussed
in detail on our scholarships page. Click here to visit that section
of our website. |
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| Application Deadlines |
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| When applying for Federal and State Financial Aid, it is very
important to subit all applications before established deadlines
(i.e. to be eligible for state grants, the FAFSA must be submitted
by May 1st each year.) |
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| Veteran's Training |
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| All of our programs are approved for Veteran's Training by the
State Approving Agency. |
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| Other Payment Options |
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| If you do not qualify for financial aid, you can make monthly
payments on your account while you are in school. We offer this
interest-free option for students who pay their balance off while
they are still in school. We also have an external financing option
available to students who qualify. This option offers students a
little more time to pay off their tuition balance. The student makes
monthly payments and also incurs some interest. |
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| Additional Planning Tips for Entering School |
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| Take time and plan your monthly budget. Even though you may receive
full financial aid to cover your school tuition, you still need
gas money, childcare money, etc. Try to consider all the expenses
that are involved. The more planning you do on the front end, the
better you will be adjusted once you begin classes. (secure babysitters,
surround yourself with positive people, etc.) |
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Get your "support system" in place. Our staff can be
a great support system while
you are at school, but you must plan for the times when you are
not at school.
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| Refund Policies |
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| The amount of federal money which can be dictated by the Dept.
of Education's Return to Title IV Policy. Secondly, West Tennessee
Business College's institutional refund policy is computed to assess
the student's tuition obligation to the school. For more information
on these refund policies, please contact the Fiscal office at the
school. |
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