Financial Aid/Shopping sheet

Federal Financial Aid

PITC – Participates in the following Federal Title IV financial aid Programs:

  • Federal PELL Grant Program: current Maximum of $6195.00, 2019-20
  • Federal Subsidized Direct Loan program: current Maximum of $3,500.00 for 1st academic year (Based on need)
  • Federal Unsubsidized Direct Loan program: current Maximum of $2,000. for dependent students, and $6,000 for independent students for the 1st academic year.(Based upon program costs)
  • Federal PLUS Loan Program: – A federal program available for parents of dependent students to borrow for a son or daughter who needs additional funds (Based upon program costs, and creditworthiness of parent).

To Apply: First go to fsaid.ed.gov to create a Username and Password. This will allow you to access student and parent Title IV web sites. Among them are fafsa.ed.gov and studentloans.gov.

Once your username and password have been created, go to fafsa.ed.gov to apply for Title IV assistance. The school cod for PITC INSTITUTE is: G37813. Using this will allow the school to determine how much TITLE IV aid you are entitled to receive. NOTE: For all programs beginning before July 1 2019, will need to complete 2019-20 FAFSA.

New Students: Please visit studentloans.gov to complete (1) Entrance counseling and (2) sign Master promissory note.

GI Bill & Military State Tuition Programs

If you served on Active Duty, you might be eligible for education benefits offered by the Department of Veterans Affairs. For example, the Post-911 GI Bill provides financial support for educational and housing expenses to individuals with at least 90 days of aggregate service after September 10, 2001, or individuals discharged with a service-connected disability after 30 days. You must have received an honorable discharge to be eligible for the Post-911 GI Bill.

If you are currently serving in the military, you may be eligible for funding offered through the Department of Defense Tuition Assistance program. Check your eligibility status and the amount for which you qualify with your Service prior to enrolling.

If you are the spouse or child of a service member who is serving on active duty Title 10 orders in the paygrades of E1-E5, 01-02, or W1-W2, you may be eligible for financial assistance from the Department of Defense for education, training, and/or the occupational license and credentials necessary for a portable career.

If you are the spouse or child of a service member, you may be eligible for transfer of the service member’s Post-911 GI Bill benefits to you.

For further information concerning VA benefits eligibility, and to apply for benefits, please contact the U.S. Department of Veterans Affairs: http://www.va.gov

Other Sources of Funding for Students Information Only

  1. Pennsylvania Careerlink:

    Who can apply?
    Unemployed (dislocated) workers.

    Where to apply?
    Visit www.cwds.state.pa.us for more information.

  2. Vocational Rehabilitation Programs (OVR)

    Who can apply?
    Persons with a disability.

    Where to apply?
    Visit www.portal.state.pa.us for more information.

  3. Trade Adjustment Act (TAA)

    Who can apply?
    Dislocated workers due to transfer of company to another country (NAFTA).

    Where to apply?
    Visit www.doleta.gov/tradeact for more information.

  4. Public Assistance

    Who can apply?
    Those who qualify for public assistance.

    Where to apply?
    Visit www.humanservices.state.pa.us/compass.web for more information.

  5. Financing by PITC (Payment Plans)

NOTE: Currently PITC does not participate in any Private Loan programs for educational funding. Private loans usually require a higher interest payment, and do not provide the repayment options available to students who qualify for the Federal Title IV loan programs of the Higher Education Act of 1965.  It is the goal of PITC that student loan borrowing be kept at a minimum.