Financial aid may consist of funding from one or several sources, including federal, state and private agencies. Most financial aid recipients receive a combination “package” comprised of more than one type of assistance.
Each of our campuses has a financial aid representative to assist you with the application process. If you have any questions or would like to schedule an appointment please call 888-990-7094.
Federal Pell grants are awarded to students who have not earned a bachelor’s or professional degree. Because they are grants, funds are not typically repaid (unless you withdraw from school prior to the end of the award period). Eligibility is determined according to need, number of hours in the academic program, and the cost of attendance.
Supplemental Educational Opportunity Grant (SEOG)
This program is for students with exceptional financial need. Your eligibility can be determined after review of your PELL eligibility.
William D. Ford Federal Direct Loans
The Direct Loan program provides educational loan(s) that must be repaid, with interest, even if you do not complete your academic program. Loans may be obtained through the William D. Ford Federal Direct Loan Program. Generally, all students who complete a FAFSA and are not in default on any previous federal student loan(s) are eligible for the program. Loans obtained through this program are lower fixed interest rate loans that are insured by guarantee agencies or the U.S. Department of Education. A student can apply for Direct Loans through the Academy’s Financial Aid Department.
Federal Subsidized Loan
The Subsidized Loan is awarded to students who demonstrate financial need. Subsidized loans do not charge the borrower with interest on the amount borrowed while in school and up through a 6-month grace period after leaving school.
Federal Unsubsidized Loan
The Federal Unsubsidized Loan allows students to borrow a Federal Direct Loan who did not demonstrate sufficient financial need for the subsidized version. The same terms and conditions as the Subsidized Loan apply, except that the borrower is responsible for interest that accrues while she/he is in school and after leaving school. Generally, you may choose to make interest payments on the loan while you are in school or have the interest added to your principal balance (capitalized) when your repayment schedule begins (six months after leaving school).
Federal Parent PLUS Loans
The Federal Parent PLUS loan is available to parents of dependent students with good credit to help pay their child’s educational expenses. PLUS loans are not based on need. They can be combined with other financial aid resources and cannot exceed the student’s cost of education.
Workforce Investment Act
California campuses are qualified training providers offering employment training for adults and dislocated workers. For more information, please visit the Employment Development Department website at http://etpl.edd.ca.gov/wiaetplind.htm
We offer multiple, flexible payment plan options through Education Loan Source. These payment plans allow students to spread payments over a pre-set period of time, as opposed to paying the full amount up-front. Students choose the program that best fits within their budget. An interest rate may apply depending on the plan chosen. No credit check is required at the time of application, and the process is completed 100% online using an e-signature validation.
Alternative (Private) Loans
Students who have exhausted their Federal Financial Aid and who require additional assistance may apply for alternative (private) loans from lending institutions. Please talk to your financial aid representative for more information.
NOTE: Bellus Academy is a private institution and is not eligible to receive funding under the California “Dream Act” (AB 540) which provides in-state tuition benefits for undocumented students and certain other students who attend or will attend public universities in California. Undocumented AB 540 students are not eligible for federal student aid, including Pell and other grants, government loans, and federal work-study. Federal financial aid is not available for students who are applying as non-immigrant alien international students under an M-1 Visa status.
Why Choose Bellus?
Travel the World
We offer International Certification (ITEC) which allows our graduates to work in 38 countries around the world.
“The teachers were amazing! Without Bellus, I wouldn’t have the rewarding life I have today. School was something I looked forward to every single day. I can’t believe I have a job that I love going to every day.”
“For the past year I have been working on super-yachts in Spain as a massage therapist for billionaires and have loved every second of it! I don’t know what I would’ve done without Bellus’ training and expertise.”
“I love how hands-on the nail program is at Bellus. I am a visual and hands-on learner and I appreciated the time and focus on my advancement throughout the program. I would definitely recommend Bellus Academy to anyone interested in beauty and wellness education, especially the nail program!”
“The program and educators in Make-up Artistry are exceptional. The curriculum was so well designed that each day I couldn’t wait to get to school and begin the next step in learning high-end makeup. I feel very comfortable after taking this class to apply for a job anywhere in makeup, including a Hollywood studio, theater, photography or in a high-end salon and spa.”
“As a cosmo crossover, the Barbering Program was not only an excellent way to brush up on the basics, but also the best way to take my career to the next level. The staff was so helpful in every aspect and I highly recommend the program.”