Financial Services

Financial Services

Prospective Student,

So many people just like you feel they can’t afford college yet there are thousands of students attending colleges all over the United States daily. You can too!!

There are several different options and the staff here at InterCoast will show you the way. It’s easier than you think so don’t let tuition worries slow you down from accomplishing your career goals.

Federal Financial Aid is available for those who qualify. Now that we got that out of the way, click on the Financial Aid link below and it will take you step by step on how to apply for financial assistance.

Once completed contact your Admissions Representative to let them know you completed the process and hold on to your Identification Number.

A tuition coordinator will contact you to walk you through the rest of the process. It should take 1-3 business days.

Apply for Financial Aid Now!

Complete the FAFSA® (Free Application for Federal Student Aid) form to apply for financial aid, career school, or graduate school.

Our School Code is: 02559400

Submit Your FA application: https://studentaid.gov/h/apply-for-aid/fafsa

Professional Judgement: Special or Unusual Circumstances

There are times when certain circumstances, such as a loss of income or family situations, can affect your current financial aid situation, and the information provided in the FAFSA may not accurately reflect your current financial status. The Higher Education Act (HEA) grants Financial Aid Administrators the authority to use their discretion in various areas when a student faces special or unusual circumstances. This regulation allows the Financial Aid Administrator to consider each student individually when special or unusual conditions exist and to provide special consideration to students and their families experiencing such circumstances. Professional Judgments are made on a case-by-case basis, taking into account each student’s unique circumstances.

What are Special or Unusual Circumstances?

Special Circumstances refer to financial situations (loss of a job, etc.) that justify an aid administrator adjusting data elements in the COA or in the EFC/SAI calculation.

The law gives some examples of Special Circumstances that may be considered (HEA Sec. 479A) (but are not limited to):

• Change in employment status, income, or assets
• Death, divorce, or separation of parents or spouse
• Change in housing status (e.g., homelessness)

• Tuition expenses at an elementary or secondary school
• Additional family members enrolled in college
• Medical, dental, or nursing home expenses not covered by insurance
• Child or dependent care expenses
• Severe disability of the student or other member of the student’s household

Examples of Circumstances that would NOT be considered:

• Parent refuses to provide financial support for higher education
• Parent refuses to complete or sign FAFSA
• Increase in standard living expenses
• Purchasing material items such as a car, home appliances, vacations, second homes, etc.
• Credit issues, line of credit changes, previous student loan debt, etc.

Unusual Circumstances refer to the conditions that justify an aid administrator adjusting a student’s dependency status based on a unique situation (e.g., human trafficking, refugee or asylee status, parental abuse or abandonment, incarceration), more commonly referred to as a dependency override.

Some examples of Unusual Circumstances that may be considered (but are not limited to):

• Human trafficking, as described in the Trafficking Victims Protection Act of 2000 (22 U.S.C. 7101 et seq.)
• Legally granted refugee or asylum status
• Parental abandonment or estrangement
• Student or parental incarceration.

Examples of Unusual Circumstances that would NOT Considered

• Parents refuse to contribute to financing the student’s education
• Parents do not claim you as a dependent on their tax return
• Parents are unwilling to provide information on the application or verification documentation
• Student is no longer living with parents/demonstrates self-sufficiency (unless due to one of the unusual circumstances listed in the section above)

If you believe you have Unusual and/or Special Circumstances impacting your current financial situation, please contact the Financial Aid Office immediately after submitting your FAFSA.  Per federal regulations, InterCoast cannot process an override that was submitted after a student is no longer enrolled for the period of enrollment. 

The Financial Aid Administrator’s decision to approve or deny a request for professional judgment must be documented appropriately. Requests without all required documentation will not be considered.  The documentation must substantiate the Special and/or Unusual Circumstances as requested for consideration.

The FAA’s decision regarding adjustments is final and cannot be appealed to the Department.

For General Forbearance Request Form – Click Here

For Unemployment Deferment Request Form – Click Here

Financial Aid Net Price Calculator!

The net price calculator is designed to estimate federal aid eligibility for those enrolling at InterCoast. Click below to start answering a few simple questions.

Launch Net Price Calculator

Federal student loans are required by law to provide a range of flexible repayment options, including, but not limited to, income-based repayment and income-contingent repayment plans and loan forgiveness benefits, which other student loans are not required to provide.

Federal direct loans are available to students regardless of income.

Median Direct Loan Debt: $9,402.00
Median Institutional Debt: Not Available
Median Private Loan Debt: Not Available