financial
Forbes no1 2018
Forbes no1 2018
PLAN FOR YOUR FUTURE

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 News

CARES Act Details

Institutional Funds - CARES Act Higher Education Emergency Relief Fund (HEERF) Reporting Covering Quarter Ending September 30, 2020 Covering Quarter Ending December 31, 2020 Covering Quarter Ending March 31, 2021 Update to Quarter Ending March 31, 2021 Covering Quarter Ending June 30, 2021   Student Aid... read more

Helpful Resources

Financial Aid Programs

A Free Application 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. PIA’s School code is 005310.

Financial Aid students

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.

Step-By-Step Guide

Step 1: Apply for a FSA ID

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.

FAFSA Logo

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 2016-2017, 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.

Financial  Aid  Forms

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.

Online Application

  • 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)

Paper Application

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.

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Scholarships


Part of the WTS goal of fostering the development of women in the transportation field can be realized by encouraging bright new professionals to undertake careers in the area of transportation. The WTS Molitoris Leadership Scholarship is awarded to women pursuing undergraduate studies in transportation or a related field who demonstrate leadership skills, ability, and interest. The purpose of the WTS Molitoris Leadership Scholarship is to motivate and reward women who demonstrate leadership in the transportation industry. The leadership, skills, and perspectives of women are essential to assure that the transportation systems of the future respond to the needs of all. Leadership does not just happen. Leaders personally invest and risk much. They must take on struggles that many would avoid and persevere to reach successful outcomes. These qualities should receive special attention in the selection of the award winner. The Pittsburgh Chapter of WTS is accepting applications for the Molitoris Leadership Scholarship from Pennsylvania students (either attending school or permanently residing in Western Pennsylvania, or both).  The Pittsburgh Chapter recipient will receive a $2,500 scholarship and her application will be forwarded for consideration for the national-level scholarship of $5,000. In order to qualify for the scholarship, applicants must meet the following criteria: -GPA of 3.0 or higher. -Currently enrolled in an undergraduate degree program in a transportation-related field, such as transportation engineering, planning, finance, or logistics. -Plans to pursue a career in a transportation-related field. - Applicants for the Molitoris Leadership Scholarship must specifically address the issue of leadership on their personal statement. Please review the application in full for details and submission requirements.
WTS fosters the development of women in the transportation field by encouraging bright new professionals to undertake careers in the area of transportation. One way it does this is by awarding the WTS Sharon D. Banks Memorial Scholarship to women pursuing undergraduate studies in transportation or a related field. The scholarship honors Sharon D. Banks, chief executive officer of AC Transit in Alameda-Contra Costa County, California. As its CEO throughout most of the 1990’s, Banks led the agency in a pioneering effort to introduce cultural and organizational changes aimed at motivating the public transit workforce. She was a member of the WTS Advisory Board and received the WTS San Francisco Chapter Woman of the Year and Employer of the Year awards. The Pittsburgh Chapter of WTS is accepting applications for the Sharon D. Banks Memorial Undergraduate Scholarship from Pennsylvania students (either attending school or permanently residing in Western Pennsylvania, or both).  The Pittsburgh Chapter recipient will receive a $2,500 scholarship and her application will be forwarded for consideration for the national-level scholarship of $5,000. In order to qualify for the scholarship, applicants must meet the following criteria: -GPA of 3.0 or higher. -Currently enrolled in an undergraduate degree program in a transportation-related field, such as transportation engineering, planning, finance, or logistics. -Plans to pursue a career in a transportation-related field. Please review the application in full for all requirements and submission details.
The Aviation Foundation is offering sixth-quarter PIA Pittsburgh students the opportunity to apply for the Clifford Ball Memorial Scholarship.  A graduate of McKeesport High School, Clifford Ball built a legacy within the aviation industry in the Pittsburgh area. A $2,500 award will be granted to one individual based on their submitted application.  Awards for the scholarship will be offered in the following quarters: -Fall 2021 -Winter 2022 -Spring 2022 -Summer 2022 -Fall 2022 Sixth-quarter full-time students enrolled in the Aviation Maintenance Technology Program at the PIA Pittsburgh Campus are asked to submit an application, personal essay, and transcripts.  The scholarship will be awarded to a student who has a minimum GPA at PIA of 3.0, has minimal missed time, and demonstrates financial need.  Student must be a resident of Western PA.  Please see Jason Mongan for application information.
Members of Women in Aviation International are eligible to pursue various scholarship opportunities through the organization.  Scholarships including funding to further members' interests in aerospace engineering, aviation maintenance, flight training, helicopter ratings, dispatch, and professional development. Applications are due October 12, 2021, and you must be an active WAI member by October 1, 2021, to apply. The 2022 scholarships will be awarded during the 33rd Annual International Women in Aviation Conference in Nashville, Tennessee, from March 17-19, 2022. Please Note: The applicant understands and accepts that WAI has no responsibility or liability whatsoever for any scholarship awards other than those specifically identified as WAI scholarships. To review scholarship opportunities, click here. To become a member of Women in Aviation International, click here.  
A list of scholarships has been presented by Choose Aerospace, in collaboration with the Aviation Technician Education Council and generous donors. Applicants must be an aviation maintenance school, student, or instructor. School membership in the Aviation Technician Education Council is not required but will be a consideration for the review committee when selecting award recipients. Click here to review a full list of scholarship opportunities. The 2021 application period is May 3rd through June 30th.
Students in 3rd and 4th semesters at PIA Hagerstown, PIA Youngstown, and PIA Myrtle Beach may be eligible for this scholarship.  Students in 6th and 7th quarters at PIA Pittsburgh may be eligible for this scholarship.  

The application deadline is June 4, 2021

Purpose: The purpose of the NASAO Henry Ogrodzinski Scholarship program is to award a scholarship for academic achievement in aviation or aerospace. The scholarship is offered to juniors or seniors at a college or university continuing their education in the aviation or aerospace industry. Full details regarding eligibility and requirements can be found here.

Eligibility: The NASAO Henry Ogrodzinski Scholarship applicant must:

1.       Be enrolled as a Junior or Senior at an accredited educational institution related to the Aviation or Aerospace industry, and

2.       Applicant must possess and maintain a minimum major GPA of 3.0 at the time of application and receipt of scholarship funds.

Scholarship: The program may award up to three (3) $1000 non-renewable scholarships that may be used for Tuition, Fees, Books and/or Supplies. The scholarship may not be used for Room & Board or travel expenses. The scholarship is a one-time award, however, recipients are encouraged to apply in future years.

Scholarship Requirements: The following requirements are necessary to be considered for the scholarship:

3.  Applicant(s) must submit the following:

(a)    Scholarship Application

           (b)  school transcript (Unofficial is Acceptable)

(c)  A recent letter of recommendation: either one from a former or current professor/instructor or one from someone other than a professor/instructor who has knowledge of the student’s leadership qualities.

(d)  300-500 word personal statement with an emphasis on the aviation or aerospace industry and the applicant’s goals and dreams and how the applicant intends to use those skills learned in their future.

Application Procedure:

1.       Applicant(s) must be certain that they meet the qualifications described above

2.       Applicant(s) must complete and sign the APPLICATION as well as obtain all of the items listed in the scholarship requirements

3.       Applicant(s) must mail the complete packet and submit via email or postal mail to:

Email:

dbascomb@nasao.org

Include subject line:

Henry O. Application

Postal Mail:

NASAO

Henry O.Scholarship Program

1390 Chain Bridge Road

#A106

McLean, VA 22101

Purpose:  The primary purpose of the Regional Airline Association Scholarship is to assist with the education of individuals who are studying for a career in the airline industry by providing financial support.

Scholarship: Three (3) annual scholarships will be awarded in the amount of $4,000 per recipient. Awards will be made to U.S. citizens or permanent residents without regard to sex, race, religion or national origin.

Scholarship Requirements:  Applicants must meet the following requirements to be considered for the scholarship:

1.      Applicants must be officially enrolled in an accredited college or university in a program leading to a career in the airline industry at the time of application and award.  Applicants will be considered from other programs/majors, if the applicant’s goal of a career in airline management can be demonstrated through work experience or the personal essay;

2.      Applicants must possess a minimum cumulative 3.0 grade point average on a 4.0 scale at the time of the application.  A transcript reflecting grades through the previous academic year at high school, college or university must accompany the application.  Because of the application deadline, applicants may submit transcripts through fall or winter term 2020/2021;

3.      A resume outlining the applicants work experience, extracurricular and/or community activities;

4.      A career essay, up to 350 words, describing the applicant’s interests in the airline industry;

5.      A faculty recommendation must accompany the application.

6.      Applicants must be a U.S. Citizen or Permanent Resident of the United States.

DO NOT SEND A HARD COPY VIA MAIL. ONLY APPLICATIONS SUBMITTED THROUGH THE RAA SMARTSHEET WILL BE CONSIDERED.

Scholarship Criteria:  The following criteria are used for the ranking of applicants for the RAA Scholarship:

1.      Demonstrated scholastic achievement;

2.      Demonstrated work experience, extracurricular or community activities;

3.      Strength of faculty recommendation; and

4.      Strength of applicant’s career essay (350 words or less)

How To Apply:  All applications must be completed online via the form. You will be asked to upload a copy of your resume, school transcript and a faculty recommendation letter. The deadline for application is Friday, June 4th, 2021. Only completed scholarship application packages will be considered.

Visit RAA.org for full scholarship details.
The Ohio Regional Business Aviation Association (ORBAA) is currently accepting applications for its 2021 scholarship program.  Two scholarship of $2,500 will be awarded to students on a Business Aviation career track. ORBAA Scholarship Application Requirements are:
  • US Citizenship
  • Current Resume (two pages maximum)
  • Must be currently enrolled in an Ohio-based collegiate aviation program
  • Copy of college transcript showing coursework consistent with an aviation career goal (unofficial transcript acceptable)
  • If on pilot track, submit proof of Private Pilot Certificate
  • Recommendation letter from faculty member of aviation program at applicant’s school
  • One-page typed essay explaining why aviation is an important career path for you; to include details of initiatives you have taken to prepare yourself for a career in business aviation
For complete details on how to apply, click here.
This scholarship listing was created to assist students in researching scholarship opportunities for their enrollment at PIA.  These scholarships were identified as potential opportunities for incoming and currently enrolled PIA students.  Each scholarship is independent of PIA and availability, deadlines, and award amounts are determined by the organization offering the award.  Click here to review a list of annually available scholarships.
The Bob Williams Memorial Rotary Scholarship Program is a need-based scholarship for high school seniors or non-traditional students.  The program will be awarding scholarships of up to $5,000 for those candidates chosen by the Williams Scholarship Committee. Criteria for Eligibility: (This is a need-based scholarship) Applicant must be a citizen of The United States Applicant must have a 2.5 GPA or higher in their current year of study, regardless of the field of study Applicant must be a high school senior who is applying to a state-certified, post-secondary institution Applicant must be currently attending a high school within the boundaries of Allegheny & Beaver Counties. Burrell, Kiski & New Kensington-Arnold school districts in Westmoreland county All private, charter, and parochial senior students within the designated service areas are eligible In the case of non-traditional students (who are not graduating senior from a High School), the applicant must: Be a citizen of The United States Have graduated from high school with a minimum grade point average of 2.50 or higher or have a G.E.D (General Education Diploma) Must have attended a high school or received G.E.D. by an institution within the service area listed above Be applying to a state-certified, post-secondary institution For full details on eligibility and submission requirements, click here.

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.