EQ School of Hair Design is an accredited educational institution. That means there are various financial aid programs available through federal and state agencies. Each financial aid program has specific eligibility requirements that must be met in order to qualify for assistance. These requirements are controlled by various governmental agencies.
Applying for financial aid is easy. Follow these simple steps:
- Apply online at www.FASFA.gov
- Complete the form using EQ School Code #007611.
Federal Pell Grant
A Pell Grant is money you don’t have to pay back. It is a grant you can get from the federal government for post-high school education based on your financial need.
Federal Direct Student Loan Program
EQ School of Hair Design has been selected by the U.S. Department of Education to participate in this governmental student loan program. This is a loan program where you must pay back the money that you borrow. The amount you borrow depends on need and the amount of help you get from other sources. On subsidized loans, the federal government pays the interest on the loan as long as you are in school. Six months after you graduate, you will begin a payment program.
Federal PLUS Loan
Your parents can get this loan if you are not eligible for other types of financial aid or you haven’t gotten enough from other sources to pay for school. If you are certified to be a dependent student, your parents can apply for a PLUS Loan.
For more information about financial aid, contact the Financial Aid Director.
EQ School of Hair Design has scholarships available to those who qualify.
Academic Achievement Scholarship
The Academic Achievement Scholarship is for high school graduates with a 3.5 cumulative GPA or higher and an above average scholastic test result.
The Merit Scholarship is another scholarship based on academic achievement. Must be a high school graduate with a 3.1 cumulative GPA or higher and above average scholastic test result.
The Ace Award is based on high school GPA (or GED scores) and scholastic test results.
The Partners Scholarship is awarded to two or more prospective students applying and enrolling together.
All of these scholarships will be applied to tuition and fees. One half of the scholarship will be applied at 1050 hours and one half at the completion of the course.
For more information about EQ School of Hair Design scholarships, contact the Admissions Advisor at 402-990-9838.
Use the Net Price Calculator:
Code of Conduct For Educational Loans
Iowa Code Section 261F.2 and Title 34 of the Code of Federal Regulations, Section 601.21, require the development, administration, and enforcement of a code of conduct governing educational loan activities. Our officers, employees, trustees and agents, including the alumni association, booster club, and other organizations associated with EQ School of Hair Design, agree to the provisions of this Code of Conduct and will refrain from:
- Refusing to certify or delaying the certification of an education loan based on a borrower’s choice of lender.
- Assigning a first-time borrower to a particular private education loan lender through the student’s financial aid award or another means.
- Packaging a private education loan in a student’s financial aid award, except when the student is ineligible for other financial aid, has exhausted his or her federal student aid eligibility, has not filed a Free Application for Federal Student Aid, or refuses to apply for a federal student loan.
- Accepting impermissible gifts, goods, or services from a lender, lender servicer, or guarantor. The institution may accept default prevention, financial literacy, or student aid-related educational services or materials, or other items of a nominal value.
- Accepting philanthropic contributions from a lender, lender servicer, or guarantor that are related to the educational loans provided by the entity that is making the contribution.
- Serving on or otherwise participating as a member of an advisory council for a lender, lender affiliate, or lender servicer.
- Accepting from a lender or its affiliate any fee, payment, or other financial benefit as compensation for any type of consulting arrangement or other contract to provide education loan-related services to or on behalf of the lender.
- Accepting fees or other benefits in exchange for endorsing a lender or the lender’s loan products.
- Requesting or accepting an offer of funds for private education loans from a lender, in exchange for our promise to provide the lender with placement on a preferred lender list, or a certain number of volume of private education loans.
This institution is committed to providing the information and resources necessary to help every student achieve educational success. To accomplish this goal, the financial aid staff will consider each student’s individual needs.
A comprehensive Code of Conduct detailing permissible and impermissible activities has been provided to all of our officers, employees, and agents. Click here to review the detailed Code of Conduct.
CARES Act Disclosure
EQ School of Hair Design has signed and returned to the Department the Certification and Agreement and the assurance that the institution has used, or intends to use, no less than 50% of the funds received under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to students.
The total amount of funds that EQ School of Hair Design has received from the Department pursuant to the institution’s Certification and Agreement for Emergency Financial Aid Grants to students is $66,022.00 (this is student’s portion only).
The total amount of Emergency Financial Aid Grants distributed to students under Section 18004(a)(1) of the CARES Act as of the date of this submission, 6/18/2020, is $66,022.00.
The total number of students at EQ School of Hair Design eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965 and thus eligible to receive Emergency Financial Aid Grants to students under Section 18004(a)(1) of the CARES Act is 39.
The total number of students who have received an Emergency Financial Aid Grant to students under Section 18004(a)(1) of the CARES Act is 39.
EQ School of Hair Design awarded Emergency Financial Aid Grants to students under Section 18004(a)(1) of the CARES Act to those students who were enrolled on March 17, 2020; who have filed a Free Application for Federal Student Aid (FAFSA) which demonstrated eligibility to participate in programs under Section 484 of HEA; and who certified they have been affected by COVID-19. The amount of money distributed was spread evenly to all those students eligible under Section 18004(a)(1) of the CARES Act.
All students signed a Certification Form indicating whether they have been affected by COVID -19. Checks were mailed or in person delivered to all students. Each student has signed a form confirming they have received their CARES Act check.