Financial Aid & Resources
Education is an investment in your future. In order to alleviate some of the financial burden, financial aid is available to qualified students and their families. Financial aid recipients must be enrolled in our school of specialized technology programs (AMT & AET).
PIA’s Financial Aid office is available to assist students and families with the process of applying for financial aid. Our website will answer your questions and guide you through the process of applying.
If you have questions about this information please e-mail our Financial Aid Department at Financialaid@pia.edu or call 1-800-444-1440.
CAUTION! Do not pay a fee to apply for financial aid or scholarships. The FAFSA and legitimate scholarship applications are free.
Financial Aid Programs
A Free Applications for Federal Student Aid (FAFSA) should be completed by anyone seeking a college education. It is the portal to help determine many of the following programs.
- Federal Pell Grant. Students may be eligible for the Pell Grant regardless of their state of residency.
- Pennsylvania State Grant offered by Pennsylvania Higher Education Assistance Agency (PHEAA). Students must be a PA resident attending the Pittsburgh Campus.
- Direct Subsidized and Unsubsidized Loans
- Direct Parent PLUS Loans
- Office of Vocational Rehabilitation (OVR)
- PA CareerLink (PA TAA/TRA funding programs)
- Private Undergraduate Education Loans
New to the Free Application for Federal Student Aid (FAFSA)?
Take a moment and learn more by watching this short 2 minute video.
Three Primary Types of Aid
There are 3 different types of aid within the term ‘Financial Aid’
- Grants: monetary awards that don’t need to be repaid.
- Scholarships: monetary gift aid that does not need to be repaid.
- Loans: monetary awards that must be repaid.
The FSA ID is a username and password. The FSA ID being used to access personal financial aid information online and electronically sign Federal Student Aid documents. Your FSA ID confirms your identity when you access your financial aid information and electronically sign Federal Student Aid documents.
- If you do not already have an FSA ID, please go to www.fafsa.gov to create one.
- Click the link to create an FSA ID
- Create a username and password and enter your email address
- Enter your name, date of birth, Social Security number, contact information and challenge questions answers
- Review your information for accuracy and read and accept the terms and conditions
- Confirm your email address using the secure code, which will be sent to your email address. After you verify your email you can use it instead of your username to log in.
An individual who already has a Federal PIN has the option to link that PIN to their newly-created FSA ID during registration. By linking to a “matched” PIN, you will be able to immediately use the FSA ID. It is recommended that you link your existing PIN to immediately use the FSA ID.
If you forgot the PIN, please choose “Forgot My PIN” during the FSA ID Registration process.
Step 2: Complete the FAFSA
To apply for federal student financial aid, and to apply for many state student aid programs, students must complete a Free Application for Federal Student Aid (FAFSA). This is a federal form and a requirement at PIA for all students who wish to be considered for need based financial aid, including the federal PLUS loan. The information you provide on your FAFSA determines if you are eligible for financial aid. The following items will help you complete the FAFSA:
- PIA’s School code: 005310
- Income tax return or estimated income
- W-2 forms and other records of money earned
- Records of untaxed income
- Current bank statements
- Business and farm records
- Records of investments
- Student’s driver’s license
- Social Security card
Step 3: Contact PIA's Financial Aid Department
After you have completed the Free Application for Federal Student Aid (FAFSA), we advise you to contact your financial aid officer to notify them that the application has been submitted. Generally within 72 hours PIA is able to retrieve an Institutional Student Information Record (ISIR) and begin the evaluation for an individualized financial plan. In the chance that additional information is required, your financial aid officer will be in contact.
Step 4: Complete Federal Loan Entrance Counseling
If you are a first time borrower to the Direct Loan program, you must complete the entrance counseling before receiving the first disbursement of your federal Direct Loan. The counseling includes information about your rights and responsibilities of being a loan borrower. This can be done by using your FSA ID to log in at www.studentloans.gov.
Step 5: Complete and Sign the Master Promissory Note (MPN)
Student loans awarded through the William D. Ford Federal Direct Loan Program require a completed electronic Master Promissory Note (MPN). All Direct Subsidized, Direct Unsubsidized and Direct PLUS borrowers are required to complete the eMPN before any loan funds can be disbursed. This can be done by using your FSA ID to log in at www.studentloans.gov.
Step 6: Apply for Private Loans
Private Loans are from private institutions and will require a credit check. These private loans are not Federally Guaranteed and the interest rate on your loan will generally be higher than Federal Direct Loans and will depend on your credit score and/or ability to find a co-signer. Borrowers are strongly encouraged to fully borrow through the federal loan programs, as well as apply for other federal, state, and private financial aid options which may be available to you, before borrowing through a private loan program.
Please Note: Private Loan brochures and Self Certifying Forms are available upon request in the Financial Aid Office. As the borrower, you have the right to use any lender. We do not endorse, or recommend, any lender. As a convenience to you, the borrower, we have contacted a number of lenders to gather information regarding their student loan program. The list was developed using a request for information (RFI) process, and contains the lenders that indicated they will make loans to students attending our school.
Further, as the borrower, you should ensure that you understand the exact interest rate you will pay over the life of the loan, which may vary, as well as the terms and conditions of loans from the lender you select.
Net Price Calculator
In accordance with the Higher Education Opportunity Act of 2008 (HEOA), PIA has provided the following net price calculator. This calculator is based on institutional data from FY 2014-2015, and is designed to provide prospective students and their families with estimated price information, based on a student’s individual circumstances.
It is important to note that calculations required for the Net-Price Calculator are derived from typical 9 month college attendance structure, which can result in adverse differences in the actual cost of attendance for PIA students. PIA’s recommendation is to always complete a Free Application for Federal Student Aid (FAFSA) and allow the Financial Aid Department to supply accurate information specifically for you.
Request Tax Transcripts
After completing the FAFSA, there may be times when additional supporting documentation regarding tax information is required. Below are some helpful tools for obtaining necessary tax transcripts.
- Go to www.irs.gov
- Under “TOOLS” (middle of the page in red) Click on “Order a Return or Account Transcript”
- Under “Go Get Your Transcript”, Click on “Order a Transcript”
- Enter the Social Security Number, the Date of Birth and the address provided on the tax return for the primary filer
- Enter the tax year and if you are requesting the return or an account transcript (request a return transcript)
If you are unable to request your tax transcripts online, please complete a Form 4506-T: Request for Transcript of Tax Return.
The transcript will be mailed to the address on the tax return. Upon receipt, please mail the appropriate forms to PIA.
Awarded to outstanding students on the basis of achievement, we are pleased to officially launch The Schmidt Kramer Annual Scholarship for Academic Excellence.
“Cultivated and inspired by deserving applicants who excel academically, this scholarship was established to show increased support for outstanding scholastic talent.”
— Charles E. Schmidt, Jr., Founding Partner
Each year we will award (one) $1,500 scholarship to a Pennsylvania student enrolled at any accredited university or college.
All eligible candidates must complete and return the following application before the specified deadline.
To qualify, applicants in Pennsylvania who meet the following criteria are encouraged to apply:
- Interested students must have a minimum GPA of 3.0
- Submit essay of at least 500 words (must be original); see below for topic
- Incomplete applications will result in a disqualification
Deadline For Applications:
December 1st, 2016
In more than 500 words, explain how the youth of today can help to positively shape the legal system in the future.
AEA EDUCATIONAL FOUNDATION SCHOLARSHIP PROGRAM
Since its inception, the AEA Educational Foundation has awarded more than $1.5 million to students seeking careers in the aircraft electronics and aviation maintenance industry, as well as technicians from AEA member companies.Numerous scholarships are available, ranging from $1,000 to more than $35,000 each.
Application deadline: October 1, 2016
AMFA is committed to providing our members and those interested in the craft a means to research and secure the necessary licenses to maintain aircraft. The Federal Aviation Administration (FAA) requires these licenses to perform maintenance on aircraft and they are essential to our craft. The main licenses are known as the FAA Airframe License and the FAA Powerplant License (also known as A&P). They are often called “licenses to learn,” as often in life there is ample opportunity to learn more once one begins utilizing their education.
Most of our members have already earned these licenses through training at a college, university, trade school, or while serving in the United States Military. There are several programs available in the United States and they range from a technical school that may take 16-24 months, to an Associate’s Degree taking two years, and there are even Bachelor’s Degree options available. To search for an educational program near you, click on the following link: http://av-info.faa.gov/MaintenanceSchool.asp
We are seeking to expand our relationship with other schools; for opportunities please contact the National Secretary/Treasurer at firstname.lastname@example.org.
Once each year, AMFA awards a scholarship to a deserving student who is working to join our craft. It is a great opportunity and the Association is proud to offer it. Recent recipients have come from PIA, Tulsa Technical Center, and most recently Embry-Riddle Aeronatical University. We are currently accepting applications for our 2016 scholarship.
AMFA National has approved two (2) $2500 scholarships for 2016. Please click below for more details on the application and flyer.
AWAM’s Scholarship Program supports the diverse skills required in the field of Aviation Maintenance & Technology. AWAM began its scholarship program in 2002 with four scholarships awarded to eight recipients.
For 2016, AWAM is pleased to announce we will be awarding over $165,000.00 in scholarships.
In 2015, AWAM awarded over $130,000 in scholarships to 24 females and 12 males. With the assistance of our incredible sponsors, this program continues to grow to support our industry and the needs of the future. Unique scholarship opportunities are not just for initial students or just for females. Many are for those already working in the field, transitioning from the military, and for guys as well.
Review the information to find the scholarships that match your goals or to see how you can become an AWAM Scholarship Sponsor. AWAM is continually working hard to offer more scholarship opportunities for next year! Thank you to all of our corporate and individual sponsors for another successful milestone breaking year filled with wonderful opportunities for our future aviation work force!
If you have any suggestions for new scholarships, or would like to inquire about donating a scholarship please contact one of our AWAM Scholarship Co-Chairs by emailing email@example.com or by phone, Anna Romer at 952-687-1252, Drew Csondor 517-712-9818. A list of the 2016 recipients can be found here. Or, if you would like to download a copy please click here.
AVIATION SCHOLARSHIP PROGRAM
Sponsored by the Aviation Council of Pennsylvania Awards ranging from $500 to $2000 are available in the following categories:
If you are a Pennsylvania resident interested in an aviation career and would like to apply for a scholarship, please download the Scholarship Application here.
Application deadline: May 1, 2016
Most high school seniors may think a Post-Secondary education is not obtainable, especially with our current economy. Students seeking careers in Aviation Maintenance or Aviation Electronics may qualify for financial assistance to alleviate some of the educational costs associated with a Post-Secondary degree.
Pittsburgh Institute of Aeronautics participates in conjunction with the Pittsburgh Promise scholarship as a community commitment to provide students and families of the Pittsburgh Public schools financial support. Eligible students will be awarded the Pittsburgh Promise scholarship for tuition and mandatory fees not covered by federal and state grants.
PIA trains some of the world’s finest technicians. With job opportunities around the globe, we train the next generation of skilled craftsmen within the aviation and non-aviation fields. In the same time it takes to earn a bachelor’s degree, successful PIA graduates will have earned an Associate Degree and experience on the job. We are committed to our students’ achievement in the classrooms, shops, and life. Utilizing the Pittsburgh Promise awards are intended to motivate and enable our students to focus on being successful without the stress of a financial burden.
“The Pittsburgh Promise has enabled me to fulfill my dream of becoming an Aeronautical Technician. It provided the financial support I needed. Without the Pittsburgh Promise paying for school would have been extremely difficult. Also, it alleviated some of the financial burden associated with utilizing student loans.”
Aviation Maintenance Graduate
PIA currently matches selected scholarships from other organizations. If you have received a scholarship from another organization, we encourage you to complete the PIA Scholarship Matching Funds application.
The Higher Education Opportunity Act (HEOA) requires education institutions to develop and comply with a code of conduct that prohibits conflicts of interest for financial aid personnel. Any PIA officer, employee, or agent who has responsibilities with respect to student educational loans must comply with this code of conduct. The following provisions bring Pittsburgh Institute of Aeronautics (PIA) into compliance with the federal law.
1. Neither PIA as an institution nor any individual officer, employee or agent shall enter into any revenue-sharing arrangements with any lender. A revenue-sharing arrangement means an arrangement between PIA and a lender under which the lender provides or issues loans to students attending PIA or to the families such students; and PIA recommends the lender or the loan products of the lender and in exchange, the lender pays a fee or provides other material benefits, including revenue or profit sharing, to PIA or its agent.
2. No officer or employee of PIA who is employed in the financial aid office or who otherwise has responsibilities with respect to educational loans, or agent who has responsibilities with respect to educational loans, or any of their family members, shall solicit or accept any gift from a lender, guarantor, or service of education loans. For purpose of this prohibition, the term “gift” means any gratuity, favor, discount, entertainment, hospitality, loan or other item having a monetary value of more than a de minimus amount.
3. An officer or employee of PIA who is employed in the financial aid office or who otherwise has responsibilities with respect to education loans, or an agent who has responsibilities with respect to education loans, shall not accept from any lender or affiliate of any lender any fee, payment, or other financial benefit (including the opportunity to purchase stock) as compensation for any type of consulting arrangement or other contract to provide services to a lender or on behalf of a lender relating to education loans.
4. PIA shall not: a) for any first-time borrower, assign, through award packaging or other methods, the borrower’s loan to a particular lender; or b) refuse to certify, or delay certifications of, any loan based on the borrower’s selection of a particular lender or guaranty agency.
5. PIA shall not request or accept from any lender any offer or funds or be used for private education loans, including funds for an opportunity pool loan, to students in exchange for the institution providing concessions or promises regarding providing the lender with: a) a specified number of private educational loans (non-Title IV loans) or loans made, insured, or guaranteed under Title IV; b) a specified loan volume of such loans; or c) a preferred lender arrangement for such loans.
6. PIA shall not request or accept from any lender any assistance with call center staffing or financial aid office staffing.
7. Any employee who is employed in the financial aid office, or who otherwise has responsibilities with respect to education loans or other student financial aid, and who serves on an advisory board, commission, or group established by a lender, guarantor, or group of lenders or guarantors, shall be prohibited from receiving anything of value from the lender, guarantor, or group of lenders or guarantors, except that the employee may be reimbursed for reasonable expenses incurred in serving on such advisory board, commission, or group.