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Financial Aid
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For financial aid information, contact our Financial Aid Officer  at  201-288-6300.

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For assistance in applying for financial aid, please click here

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Federal Direct Student Loan Programs:

Teterboro School uses the Federal Direct Student Loan Program with the U.S. Department of Education as the lender.  All loans, including Stafford Loans, Unsubsidized Stafford Loans, and PLUS Loans for parents,  are originated through the school.  The student or parent,  has the right to choose another lender if  they wish.  It would be the student's/parent's responsibility to apply for their loans through the lending institution of their choice.  The school  would then certify the loan to the particular lender that has been selected.

Completing the Counseling Sessions:

All Students are responsible for  completing the Entrance Counseling session,  before any funds are distributed. In addition, the student is expected to complete the  Exit Counseling  session prior to graduation . We have links to each of these sessions  for your convenience.

Managing Loans Online:

For those seeking to manage their loans online, we have provided links to assist you.

Financial Aid Package:

Teterboro School tries to maximize grants for the students who qualify.  If the student wishes, student loans are added to the student's financial aid package.  If this aid package is not enough to cover the student's tuition, the student may have to consider alternative  funding to supplement the shortage. On our "Financial Aid Information Websites" page we have listed some sites to explore.  Teterboro School only lists these  sites to assist you.  We do not endorse,  or recommend any particular site.  As with all financial matters, you should use your best judgement.
Financial Aid Programs
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Teterboro School of Aeronautics is an eligible institution under the following student financial aid programs:

Federal Stafford Loan:

Borrowed money that you must repay with interest. These are low-interest loans made by a lender such as a bank, credit union, or savings and loan association.

Federal Perkins Loan:  

 A low-interest loan to help you pay for your education after high school. These are made through your school's financial aid office. Your school is your lender and you must repay this loan.

Federal Supplemental Educational Opportunity Grant:

For undergraduates with exceptional financial need (with priority given to Federal Pell Grant recipients) and does not have to be repaid.

Federal Pell Grant: 

An award to help undergraduates pay for their education after high school. For this program an undergraduate is one who has not earned a bachelors or first professional degree. These awards or grants do not have to be repaid.

Federal PLUS Loan for Parents:

Borrowed money that you must repay with interest. These are loans made by a lender such as a bank, credit union, or savings and loan association to a parent of a student. The loans are regular commercial loans, with repayment starting  approximately 6 months after the student begins school.  Repayment can be delayed by requesting this option, but interest will still accrue while the student is attending school.

Financial aid is available for those students who demonstrate eligibility. Contact the financial aid office for any questions you may have.

Veterans:

If you are covered under the Montgomery GI Bill, We have provided an application for benefits in the quick links section.  Complete the form and submit it with a copy of your  DD-214 to:

Veterans Administration                             Po Box 4616                                         Buffalo NY 14240-4616

 
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