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
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.
- 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
- Pennsylvania Chafee Education and Training Grant (ETG) Program (Donata Clark is PIA’s Point of Contact for this program)
- Free student aid-related COVID-19 guidance for students, families and student loan borrowers
- PA Fostering Independence Tuition Waiver Program (Pittsburgh Campus Only) Postsecondary Tuition Waivers for Eligible Foster Care Youth (Donata Clark is PIA’s Point of Contact for this program)
- Emergency Broadband Benefit Program
- PIA Institutional Match Grant PIA will provide a total of 36 Institutional match grants for each fiscal year. The four quarters are as follows: July through September (nine grants), October through December (nine grants), January through March (nine grants), and April through June (nine grants). If PIA does not award nine grants during a quarter, they will carry over to the subsequent quarter to ensure all students have access to the grant.
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 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.
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.
- Be a U.S. Citizen.
- Be a high school senior OR high school graduate (or GED equivalent).
- Have not earned a bachelor’s degree prior to the 2022-23 academic year.
- Be currently enrolled or planning to enroll part- or full-time at one of the following types of accredited institutions: vocational technical school, trade school, two-year.
- Be pursuing an associate’s degree, credit-bearing certificate or an industry-recognized credential, in one of the fields of study below, with an anticipated completion date no earlier than December 2022 and no later than June 2025:
- Computer & Information Sciences
- Engineering Technologies
- Mechanic & Repair Technologies
- Advanced Manufacturing
- A current, complete transcript of grades. Grade reports are not accepted. Transcripts must display student name, school name, grades and credit hours for each course and term in which each course was taken.
- Students are encouraged to apply, regardless of major, academic standing (GPA) or socioeconomic status.
- Open to any college or university in the United States.
- There is no gender or demographic requirement for this scholarship.
- Eligible applicants must be U.S. residents currently registered at a U.S.-based college or university for the Fall of 2022.
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 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.