D’Jay’s Institute of Cosmetology & Esthiology offers financial aid in the form of grants and loans for those who qualify. Prospective students can go to www.fafsa.ed.gov to fill out the Free Application for Federal Student Aid (FAFSA) using 011631 for our school code. If you have any questions or need additional information, please call or set up an appointment using the form on the Admissions page.
Starting the Financial Aid Process
The FAFSA application is free and quick and gives you access to the largest source of Federal Financial Aid to pay for school. To complete this important application, go to www.fafsa.gov. (D’Jay’s Institute school code is 011631)
In order to qualify for federal, state or school financial aid you will need to complete the FAFSA application.
Your FAFSA application will help you apply for various types of Financial Aid.
Every student who meets certain eligibility requirements can get some type of federal student aid, regardless of age or income.
Those who are eligible meet the following basic requirements:
- Demonstrate financial need.
- Are a U.S. citizen or eligible noncitizen.
- Have a valid social security number.
- Register with Selective Service if you are a male between 18 and 25 years of age.
- Maintain satisfactory academic progress in college or career school.
- Have a H.S. diploma, GED or have completed a homeschooling program approved by your state.
There are 2 categories of federal student aid: grants and loans.
Grants are money that doesn’t have to be repaid. There are several types of grants available through the U.S. Department of Education and other sources.
- Federal Pell Grant: Undergraduates with financial need can receive a Federal Pell Grant for up to 12 semesters (or a total of 6 years).
- Federal Supplemental Educational Opportunity Grant: For undergraduates with exceptional financial need. Funds depend on availability at school.
Loans are borrowed money for college or career school that must be repaid. There are several types of loans available through the U.S. Department of Education:
- Direct Subsidized Loans: For undergraduates who have financial need. The U.S. Department of Education pays interest while borrower is in school and during grace and deferment periods.
- Direct Unsubsidized Loans: For all undergraduate students. The borrower is responsible for all interest.
- Direct PLUS Loans: For parents of dependent undergraduate students. Borrower is responsible for all interest.
Your Rights and Responsibilities
Student loans are borrowed money and need to be repaid, with interest.
You do not have to accept all of the aid you are offered. When your school’s financial aid office sends you an award letter, they will ask you to indicate which financial aid you want to accept. It’s a good idea to start with aid that does not need to be repaid, such as grants and scholarships. From there you can determine if you will need to accept student loans to pay the remainder.
Just like car loans and home mortgages, you cannot have these loans cancelled because you didn’t like the education you received, didn’t get the job you anticipated, or are having financial problems.
Because you will need to pay these funds back, you will want to think about the amount of loans you’ll need to repay before you accept the loans. We suggest only borrowing as much money as you need, even if you qualify for more, so there will be less to pay back after school.
While you may be responsible for repaying your loans immediately after you stop attending school, you can also pay on your loans while you are in school.
Here are the median loan debts D’Jay’s Institute students had for each program:
D’Jay’s Institute collects and maintains data regarding the gainful employment for all students of its certificate programs. Please click the link of the program you are interested in below to view this data.
Cosmetology Gainful Employment
Esthetics Gainful Employment
Student Instructor Gainful Employment