Financial Aid


Sometimes it’s necessary to get a little help when it comes to funding your future. For many students, getting an education requires financial assistance other than the support of family or savings. At Keune Academy, our NACCAS accreditation allows us to offer federal financial aid* to students who qualify. We want every student to be able to thrive both during school and after graduation. That’s why offering financial aid is so important to us. Our financial aid programs have been specifically developed to help students reach their educational goals.

*For a more detailed explanation of Financial Aid, student loans and grant dollars, please contact our Financial Aid Office at 678-990-0762 ext. 227. Financial Aid is available only to those students that qualify.

Determine Financial Need

The basis of determining a student’s financial needs begins with an analysis of the financial status of the student’s and/or the parent’s income. This analysis is accomplished by completing a Free Application for Federal Student Aid (FAFSA) distributed by the U.S. Department of Education. Learn more on the fafsa.ed.gov website or hotline 1.800.4.FED-AID. When entering your personal information on the FAFSA website, please include our school code: 041509, then we can go over your financial aid options with you.

Eligibility Requirements:

  • Have a financial need
  • Have a High School Diploma or GED
  • Be a U.S. Citizen or eligible non-citizen
  • Have a valid Social Security Number
  • Register with Selective Service


About FAFSA

The Free Application for Federal Student Aid is a way to collect students’ and their families’ financial information so the Estimated Family Contribution (EFC) can be calculated. EFC is the amount a family can afford per year for higher education. The EFC is subtracted from the total cost of school attendance and then the proper loan amount can be awarded.

Scholarships

  • June Scholarship
  • This is available for students who begin during the June class start. The scholarship amount is $1500, though amount varies based on the month it is awarded.

  • Previous Education Scholarship
  • When a student has had previous education and training in an accredited cosmetology school and successfully completed 450 clock hours, he or she can be eligible for a scholarship of $3000. In order to receive this scholarship, the academy must have a copy of the potential student’s “official” or “unofficial” transcript from the previous school. Once transcripts have been evaluated, the student will be informed if he/she is eligible to receive the scholarship.

  • High School Scholarship (Maxwell/Loganville)
  • There are certain periods and criteria when scholarships may apply to tuition costs. Students must fill out an application and if they pay cash, the scholarships can apply. In addition, students with proof of a high school transcript of cosmetology hours of at least 350 hair and hair theory hours will receive a scholarship for prior education in high school. These hours cannot be transferred to this school. Unearned scholarships are forfeited when withdrawal occurs.

    Other Funding Options

    Grants

    We offer both federal Pell Grants and ACE Grants at Keune Academy.

    • A federal Pell Grant is awarded to students who show outstanding financial need. Unlike a loan, they usually do not need to be repaid. Pell Grants are the largest source of federally funded grants and are only awarded based on financial need.
    • An ACE Grant is a grant awarded specifically by the American Association of Cosmetology. It’s designed to help you start your cosmetology career and can help cover up to $1,500 of your tuition. This is the first industry-wide scholarship effort designed to encourage qualified students to apply for cosmetology school.

    Career Training Smart Option Student Loan

    The Smart Option loan is a private, credit-based loan with multiple flexible repayment options. There are also competitive interest rate options available. This loan covers expenses that are not covered by scholarship or federal student aid. Visit their website at www.salliemae.com for more information on their programs.

    GI Bill Benefits

    Keune Academy by 124 programs are approved by the Department of Veterans Affairs. The *GI Bill ® was created to help active service members and veterans cover the cost of education. There are several programs that fall under the GI Bill ® . Funding is given based on each individual’s eligibility and duty status. Visit their website at www.gibill.va.gov for more information on their programs.

    *GI Bill® is a registered trademark of the U.S. Department of Veterans Affairs (VA). More information about education benefits offered by VA is available at the official U.S. government Web site at https://www.benefits.va.gov/gibill

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