Financial Aid – Houston International College Cardiotech Ultrasound School

FINANCIAL INFORMATION

TUITION AND FEES

Students are advised to complete all administrative arrangements at least two (2) weeks prior to the start of a class. Tuition and fees are payable prior to start of class unless other arrangements are made. Tuition and fees for each course are provided in the cost of attendance section of the catalog. Books, uniform and supplies are not included in the tuition and fees cost.

Houston International College Cardiotech Ultrasound School reserves the right to change tuition rates, fees, and other charges at its discretion when it is deemed advisable.

TITLE IV FINANCIAL AID

Houston International College Cardiotech Ultrasound School policies require all students to be responsible for all educational costs incurred throughout the program. Houston International College Cardiotech Ultrasound School participates in the Federal Title IV financial assistance programs to aid students in meeting the cost of attendance. Qualifying students may utilize Pell Grants or Federal loans , Employer’s reimbursement, Veteran benefits, and other sources to finance the program of choice. All students are required to pay 20% of cost of attendance out of pocket. NOTE: students who have defaulted on previous loans may not qualify for a new loan.

Applicants can fill out a free application for Federal Student Aid (FAFSA) by the required deadline at WWW.FAFSA.ed.gov. Returning students deadline is June 1st each year. Students who do not file by this deadline may not be eligible for both the fall and the spring semesters. The deadline for new students is as follows:

Fall and Spring: Oct. 1
Summer: March 1

FEDERAL FUNDING INFORMATION

U.S. citizens or eligible non-citizens may qualify for Federal Funding. Applications to lending institutions for a loan are entirely up to individual student. State and Federal loans and grants are available.

TYPES OF FINANCIAL AID AVAILABLE

EMPLOYER REIMBURSEMENT : Many employers have programs that reimburse students for educational costs. Students should contact the personnel office at their place of employment to determine if such funding is available for attendance at Houston International College Cardiotech Ultrasound School.

VETERANS BENEFITS-FUNDING: Houston International College Cardiotech Ultrasound School participates in several educational programs offered by the Veterans Administration. Information on application and eligibility may be obtained from the VA education representative.

EDUCATIONAL FINANCING SOURCES: Students experiencing difficulties paying tuition may seek independent funding from funding companies that offer private educational financing programs. The student and the funding agency make arrangements for these types of funding independent of the college. Houston International College Cardiotech Ultrasound School is not affiliated with any financial or lending institution and any business conducted between financial institution and students is the responsibility of the student and not the college.

METHODS OF PAYMENTS

Method of Payment includes Federal Grants and Loans or an in-house financing plan for 20 Months Payment Plan with an interest rate of 6%. This plan is offered to US citizens and legal residents only who are unable to make full tuition payment at the start of each semester. Non recipients of Federal aid or loans are required to make an initial 50% tuition payment. The balance of the tuition for the semester must be paid in monthly installments and must be paid in full before the beginning the next semester. NO STUDENT CAN START THE NEXT SEMESTER WITHOUT FULL PAYMENT OF CURRENT SEMESTER.

Payment Plan Schedule:

Tuition and fees must be paid in full before starting any course, except for prior monthly payment arrangements as seen below. No exceptions.
Total cost includes tuition, registration, lab, and liability insurance fees, and books.
Monthly Payment Plan is available to qualified students with a 0% interest rate each semester until completion of payment.
Students pay 50% deposit for each semester’s total cost of courses for that semester. Balance on account must be paid monthly to cover the cost of each semester.
Commencement of payments is the 1st Monday of the month following the start of class.
Payment is due on the 1st Monday of each month, and on the 1st Tuesday of each month after a holiday with a five days grace period after which a late fee of $25.00 will apply.
A late fee of $25.00 will be added for each late payment. Delinquencies will be sent to our collection department.
Late payments are reported to one or more major credit bureaus.
Two or more late payments may lead to students being disallowed to continue the program.

Registration fee of $100.00 is paid at the time of enrollment. Required deposit is based on credit worthiness, job stability, and reference checks. All self paying students must sign the automatic bank withdrawal paperwork to be accepted into the monthly payment plan. Student cancelling within 72 hours of enrollment in the college receive a full refund of the $100.

Students are required to make timely payments each month as stipulated in the enrollment agreement. Students would be disallowed to continue the program if financial obligations are not met. NO student will be awarded a Degree, Certificate of Completion or Transcript copies until all financial obligations to the college are met. NO EXCEPTIONS. Students are responsible for all fees associated with returned checks and late charges. Failure to adhere to the tuition or fee schedules will result in suspension from classes. Full tuition does not include Registration, Books, Supplies, Insurance, and Uniform Fees.

FINANCIAL OBLIGATIONS

Every student is expected to adhere to the enrollment agreement. Tuition and fees must be paid on time according to the terms of the enrollment agreement. In cases of extenuating circumstances, the student should consult with the Administrator’s office. Delinquent students will not be allowed to attend class or clinical externship. Students on clinical site with delinquent financial accounts will be pulled from the site. The college will make an effort to solve all financial obligations directly with the student. Delinquent accounts will be turned over to a collection agency after 3 months, if no reasonable payment arrangements can be made with the student.