Financial Aid Requirements
Student financial aid applicants must satisfy certain requirements in order to receive financial aid. These requirements include, but are not limited to, the following:
- Fulfillment of all admission requirements
- Submission of all documentation requested by The Creative Circus, lenders or both
- Maintaining satisfactory academic progress in accordance with school policy
- Maintaining regular, verifiable attendance
- Completion of “aid specific” requirements, such as entrance loan counseling
In addition to the above, all who receive student loans must attend exit loan counseling before leaving school.
Financial Aid Process
Once enrolled, we will be contacting you with specific deadlines for your financial aid paperwork. There are three steps necessary for completing the financial aid process outlined in the Financial Aid Instructions.
Because we are a fully accredited institution, The Creative Circus offers a variety of financial aid opportunities that may include the following to qualified recipients:
- Federal aid
- Alternative or personal loans
- Work Study
- Veteran’s Educational Benefits
For more information on these financial aid programs, contact our Admissions Department to determine candidacy to The Creative Circus. Upon acceptance, financial aid is available to qualified students.
The Creative Circus has partnered with Wells Fargo to allow qualified students to apply for private funding for education and cost of living expenses while attending The Creative Circus. For more information, see the Wells Fargo Student Loan for Career and Community Colleges.
Will I need a co-signer?
You must meet credit history, income, and employment requirements to qualify for a private student loan. Because of these eligibility requirements, most students will need to apply with a co-signer in order to qualify. Even if you meet the eligibility requirements, having a co-signer may improve your chances for loan approval, help you secure a lower interest rate, and help speed the loan approval process.
Can a co-signer be released from a Wells Fargo student loan?
Yes, in some cases a co-signer can be released from student loan responsibility. The student borrower can request that his or her co-signer be released once the student has made all of the first 24 consecutive monthly payments on time and meets certain credit requirements. Student borrower must be a U.S citizen to be eligible for co-signer release. In addition, a co-signer can be released in the event of the student beneficiary’s death or a total and permanent disability.
More information is available from our Financial Services Director.
Refund Policy and Requirements for Withdrawal and Return of Federal Financial Aid
The law specifies how our school must determine the amount of Title IV program assistance that a student may earn if he or she withdraws from school. Federal regulations can be found here.
Federal Student Financial Aid Penalties for Drug Law Violations
The federal government does not take kindly to dispersing financial aid to a student only to learn of that student’s drug violation or sexual offense, and neither does The Circus. Such violations can result in termination of enrollment and termination of federal financial aid. Read about the official federal policy here.
Institutional Code of Conduct for Educational Loans
Our Financial Aid Officers are here to help you locate and apply for any programs that may help you attend school here. We work closely with federal agencies, private lenders and you to help you determine the most cost-effective and beneficial programs for which you may qualify. We provide this service to our students with the utmost attention to full-disclosure of all programs and policies and pride ourselves on our exemplary code of conduct.
For more information on Financial Aid options for new students, contact our Financial Services Officer.