Ways to Pay

How do you pay with financial aid?

• Once admitted, transcript are evaluated to determine your tuition
• Platt College's Financial Aid Officer will reach out to new student to schedule a one-on-one meeting
  • Meeting will cover total aid and how it will be disbursed.

If your tuition isn't fully covered by financial aid funds, you might consider private student loans

Before applying, you should consider the following:

• Check your credit score
• Co-signers may be required for an alternative loan for students who have little or no credit history or who have a negative credit history
• Carefully review the interest rate and fees charged by the alternative loan lender

Platt College does not endorse any lender and encourages students to seek federal student loans first, including a Parent PLUS Loan, which may help fund your education at a lower entrance rate.  Also consider exhausting all scholarship and grant options prior to considering taking out alternative loans.*

Outside scholarship funds are typically made payable through check and are to be submitted to the Financial Aid Office.

What to do if You Get and Outside Scholarship

• Report outside scholarships to the financial aid office
• Ask how the scholarship will affect your aid offer. If the College reduces your gift aid, your scholarship may be far less valuable than you expected
• Don't ask if your Expected Family Contribution (EFC) can be reduced. By federal rule, this is not allowed
• If the scholarship is not renewable, consider asking the provider to disburse the money over 3 years or (4 academic years = 36 months) so the impact on your financial aid is spread out

Platt College's interest-free tuition installment plan allows students to spread out tuition and fee payments during an academic year 

Eligibility

To be eligible to participate in the plan the student must:

• be a current Platt College student
• complete and sign an installment plan

For more information on our Installment Plan, contact our financial team

If a student elects to receive any Title IV direct loans and/or private loans, it is the student's responsibility to repay any loans regardless of whether the student is successful in completing the program and obtaining employment.