Types of Aid

Grant programs provide assistance to students who qualify and do not have to be repaid.

Federal Pell Grant

• Must be an undergraduate student who does not have a Bachelor’s or a professional degree.

Federal Supplemental Educational Opportunity Grant (FSEOG)

• Given to help low-income undergraduate students finance the cost of their education.

Washington College Grant

• Must be an undergraduate student who does not have a Bachelor’s or a professional degree, is a Washington state resident, and meets income guidelines.

College Bound Scholarship

• Must be an undergraduate student who does not have a Bachelor’s or a professional degree, is a Washington state resident, and meets income and College Bound Scholarship guidelines. 

Opportunity Grant

• Students must apply for the Washington State Board for Community and Technical Colleges (SBCTC) Opportunity Grant by filling out and submitting an application to the Financial Aid Office. A notice will be posted around campus when the grant becomes available.

Students who meet all of the criteria will be awarded the Opportunity Grant prioritized in the order that they applied.

Worker Retraining Grant

• The Washington Worker Retraining (WRT) Program plays a major role in Washington State's economic development by providing funds for eligible dislocated and unemployed workers in training or retraining that will assist them in regaining employment. You may be eligible for the Worker Retraining Grant, check out all the eligibility categories.  If you believe you may be eligible for this grant, please contact financial aid at [email protected].

If you have questions on eligibility please contact the Financial Aid Office. (Proof of eligibility must be provided. Other documents will be requested as needed.)

Loan programs supported by the federal government or private entities allow students and parents to borrow funds to pay for school expenses. Loans must be repaid.  For more information about federal student loans, please visit https://studentaid.gov/understand-aid/types/loans. 

Direct Subsidized Loans

• Direct Subsidized Loans are available to students with financial need. They have low fixed interest rates and flexible repayment plans. No interest is charged while you are in school or during deferment periods.

Direct Unsubsidized Loans

• Direct Unsubsidized Loans are available to all students and do not require demonstration of financial need. They have low fixed interest rates and flexible repayment plans, but interest begins accruing as soon as the funds are disbursed.

Direct PLUS Loans

• Direct PLUS Loans can be applied for by parents of dependent students to help cover tuition and living expenses. The student must have a completed FAFSA on file. These loans offer low fixed interest rates and flexible repayment plans. For more information and to apply, visit https://studentaid.gov/understand-aid/types/loans/plus.

Private Education Loans

• Private education loans can help families cover college expenses, but they should only be considered after all other funding options, such as federal student aid and scholarships, have been explored. There are several alternative loan options available, and it is important to research each one carefully to select the best fit.

  Perry Technical Institute does not have a preferred lender, but here are some common lenders our students work with:

  • Sallie Mae: https://www.salliemae.com/smartoption
  • College Ave: https://www.collegeavestudentloans.com/student-loans/undergraduate-student-loans/
  Navy Federal: https://www.navyfederal.org/loans-cards/student-loans/
  
  To view lender application disclosures, click here.
  
  For additional information, see the Financial Aid Code of Conduct.

If you meet the criteria, there are other options which can help pay for school.

Federal Work Study

• The federal work study program provides students with funds for working part-time on or off campus. For more information, email [email protected]. Jobs are offered on a first come first serve basis.

Outside Funding Assistance

• There are many outside funding agencies that may be able to assist you with tuition, books or tools.. If you can answer yes to any of the circumstances bulleted below please contact our program student specialist for more information:

• Veteran
• Lack of GED or High School Diploma
• Eligible to receive, are receiving or exhausted unemployment benefits
• Laid off from a permanent full time position
• Unemployed for more than 27 weeks or 12 months
• Receiving TANF/food stamps
• Homeless
• Season farm worker
• Displaced homemaker
• Tribal member
• Limited English proficiency
• Disability
• Non-Custodial parent
• Single parent
• Low income
• Foster care
• Barriers to employment

How and When Financial Aid Will Be Disbursed 

Financial aid is disbursed electronically into your PTI student account.  Federal Loan, Pell Grant, Federal Supplemental Educational Opportunity Grant, WA College Grant, College Bound Scholarship, WA Worker Retraining Grant, and State Opportunity Grant funds should be credited to your account one week after the start of the term.  For timing on other aid, please contact the Financial Aid Office.

How and When Excess Funds Will Be Released

Financial aid funds are first applied to your student tuition account.  If a credit balance is created on your student account, excess funds will be released to you unless you authorize PTI to hold and manage your credit balance.  Direct deposit funds are disbursed weekly and paper checks are only disbursed twice a month.  Any excess funds released may result in a future payment due.

View Veteran Education Benefits

View Scholarship Information