Financial aid consists of grants, loans, jobs, and scholarships that help offset the cost of educational expenses. Awards can come from federal, state, local, or private sources. See links below to explore these additional funding options more in depth.
For more information on Financial Aid please see our Policies & Procedures manual.
Grant programs provide assistance to students who qualify and do not have to be repaid.
Federal Pell Grant
Federal Supplemental Educational Opportunity Grant (FSEOG)
Washington College Grant
College Bound Scholarship
Students who meet all of the criteria will be awarded the Opportunity Grant prioritized in the order that they applied.
Worker Retraining Grant
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.
Direct Subsidized Loans
Direct Unsubsidized Loans
Direct PLUS Loans
Institutional Tool Loans
If you meet the criteria, there are other options which can help pay for school.
Federal Work Study
Outside Funding Assistance
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, State Need Grant, College Bound Scholarship, and State Opportunity Grant funds should be credited to your account one week after the start of the term. Worker Retraining Grant funds should be credited to your account no later than six weeks 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.
For more information, click here: Check Policy.
The Coronavirus Aid, Relief and Economic Security (CARES) Act was passed by Congress and signed into law to provide economic relief from COVID-19. One section of the CARES Act established the Higher Education Emergency Relief Fund (HEERF) and sent money to schools to use for emergency financial aid grants to students for expenses related to the disruption of campus operations due to the pandemic.
Below is information required to be reported by the Department of Education:
An acknowledgement that the institution signed and returned to the Department the Certification and Agreement and the assurance that the institution has used, or intends to use, no less than 50 percent of the funds received under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to students.
PTI has signed and returned to the Department of Education the Certification and Agreement. PTI will use no less than 50 percent of the funds received under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to Students.
The total amount of funds that the institution will receive or has received from the Department pursuant to the institution’s Certification and Agreement [for] Emergency Financial Aid Grants to Students.
PTI was awarded $983,818 authorized under the Coronavirus Aid, Relief, and Economic Security Act (CARES).
PTI was awarded an additional $983,818 authorized under the Coronavirus Response and Relief Supplemental Appropriations Act, 2021 (CRRSAA).
PTI was awarded an additional $2,614,050 authorized under the American Rescue Plan (ARP).
The method(s) used by the institution to determine which students receive Emergency Financial Aid Grants and how much they would receive under Section 18004(a)(1) of the CARES Act.
CARES - An application was provide to all students via their my.perrytech.edu account. The Financial Aid office will review the responses provided in each application to ensure the student is eligible and the student has incurred additional costs related to their continued education (including eligible expenses under a student’s cost of attendance, such as food, housing, course materials, technology, health care, and child care). To ensure students with the greatest need receive the emergency aid, the Financial Aid Office will use a sliding scale to determine the award amount. PTI has developed the sliding scale by using the 19-20 Pell distribution table as a guide, therefore resulting in the use of the students most recent EFC to determine the amount of award for each student. Funds were allocated to each EFC level to provide all eligible students an opportunity to receive a grant as all eligible students have been impacted by the Coronavirus.
CRRSSA & ARP – PTI will prioritize students with exceptional need (such as those receiving Pell grants). To prioritize students with exceptional need, the Financial Aid Office will use a sliding scale to determine the award amount and automatically apply the funds to the student account for payment (no application is required). PTI has developed the sliding scale by using the 19-20 Pell distribution table as a guide, therefore resulting in the use of the students most recent EFC to determine the amount of award for each student. Funds were allocated to each EFC level to provide all eligible students an opportunity to receive a grant as all eligible students have been impacted by the Coronavirus. Originally for students that did not have a FAFSA the student had to apply for the grant and provide supporting citizenship documentation. Due to recent guidance the requirement to provide citizenship has been removed and students without a FAFSA will be contacted by the Financial Aid office to determine their award amount. Students are given the opportunity to appeal for additional aid to receive a lifetime max of $5,000 of all HEERF funding.
Any instructions, directions, or guidance provided by the institution to students concerning the Emergency Financial Aid Grants.
During campus closure, the Financial Aid office worked remotely and responded to student’s questions/inquiries regarding HEERF funds. All enrolled students were sent an email and text to notify them of the grant opportunity and requested an application to be complete. In addition, the information preceding to this report was posted to our website.
Campus is fully open and students have full access the Financial Aid office.
Outreach to Financial Aid Applicants
Current students were notified via email of the opportunity to submit a Special Circumstance Appeal with the Financial Aid Office to request a change be made to their financial aid application due to the recent unemployment of a family member or independent student, or other circumstances. Incoming students will be provided this information during the award packaging process and also via email.
Quarterly Reporting for Student Funds
Quarterly Student Report – updated through March 31, 2022
Quarterly Reporting for Institutional and Minority Serving Institution Funds
HEERF Institutional Use and Minority Serving Institution - Sept 30
HEERF Institutional Use and Minority Serving Institution - Dec 31
HEERF Institutional Use and Minority Serving Institution - March 31, 2021
HEERF Institutional Use and Minority Serving Institution - March 31, 2021 (new form)
HEERF Institutional Use and Minority Serving Institution – June 30, 2021
HEERF Institutional Use and Minority Serving Institution – September 30, 2021 00938700_HEERF_Q32021_101021
HEERF Institutional Use and Minority Serving Institution – December 31, 2021 00938700_HEERF_Q42021_011022
HEERF Institutional Use and Minority Serving Institution – March 31, 2022 00938700_HEERF_Q12022_041022
2011 W. Washington Ave
Yakima, WA 98903