Financial Aid Options

Student creating a pastry flower.
At Culinary Institute LeNôtre, we recognize that the challenge of funding your culinary education can seem intimidating. For that reason, we have a dedicated team of advisors who are always ready to help you identify and understand what your financial aid options are and if you qualify. For more information feel free to contact us at 713-358-5052 or financialaid@ciaml.com.

Applying for Federal Financial Aid – Culinary Institute LeNôtre School Code is: 037233
Types of Aid
Financial aid consists of grants, loans, and scholarships programs offered to a student to help pay tuition, fees, and living expenses. The Culinary Institute LeNôtre® is an approved Title IV recipient since October 2003.
Government Grant Programs
Culinary Institute LeNôtre®

Workforce Investment Act (WIA)

The WIA program is administered through the Texas Workforce Commission. Grants are available through TWC to qualified unemployed, underemployed or displaced individuals. Culinary Institute LeNôtre will provide you with TWC forms. Contact a Training Coordinator for additional information concerning a Workforce Investment Act grant information www.twc.state.tx.us/partners/workforce-investment-act

Texas Rehabilitation Commission (TRC)

Grants are available to disabled and other qualified rehabilitating individuals. Visit the Department of Assistive and Rehabilitative services website: www.dars.state.tx.us/services/dds.shtml

National Emergency Grant (NEG)

The National Emergency Grant aids dislocated workers in airline and tourism-related industries in Texas as a result of 9/11. The grant is administered through Texas Workforce Centers. The funds will aid laid off workers from Continental and American Airlines as well as Boeing, Vought, LSG Sky Chefs and Gate Gourmet along with others. Contact TWC to see if you qualify. Visit the United State Department of Labor Employment & Training Administration website.

Academic Competitiveness Grant and National SMART Grant Programs

Find info about the Texas ACG here: www.ed.gov/programs/smart/results2007/texas.pdf

The Department of Education has set a goal to double the number of students receiving AC and National SMART Grants by 2010-11 States, colleges, and high schools. Should promote AC and National SMART Grants because completing a rigorous high school program is the best way to increase college readiness, reduce remediation, and increase college completion rates for low-income students. Increased postsecondary attainment will help the United States compete in the 21st century.

Trade Adjustment ACT (TAA)

The TAA Program provides aid to workers who lose their jobs or whose hours of work and wages have been reduced as a result of increased foreign imports. These benefits are administered by TAA counselors at Mid-Cities Work Force Center, Bedford 817-545-1809 or Richardson Workforce Center 972-234-5391 and most Texas Workforce Centers in surrounding communities in North Texas Council of Governments. Visit the United State Department of Labor Employment & Training Administration website.

Veterans Administration Grants

Veterans may qualify for a number of educational or work related grant programs. Veterans should see the U.S. Department of veteran Affair (www.gibill.va.gov/) for additional benefit information. See Veteran’s Assistance Services website. Veterans may also contact the veteran’s representative located at most Texas Workforce Centers.

Federal Pell Grant Program (need based)

This program is a gift aid program and it does not have to be repaid.

FSEOG-Federal Supplemental Educational Opportunity Grant (need based)

An FSEOG is for undergraduates with exceptional financial need-that is, students with the lowest EFC’s (Expected Family Contribution). Priority is given to students who receive Federal Pell Grants. An FSEOG doesn’t have to be paid back. Our policy is to award FSEOG on a first come, first served basis per start date.

Scholarships
Scholarships and grants are awarded based on merit and/or need to help fund a student’s education. In addition to scholarships offered from outside organizations, Culinary Institute LeNôtre offers many in-house scholarships. In the past five years, Culinary Institute LeNôtre have awarded $632,065 in scholarship money to qualified students, some of which is only for High School graduates.

Click here to learn about our many scholarships

Click here to find a general scholarship application

Private Loans

Culinary Institute LeNôtre assists with several sources for student loans for those who qualify.

Eligibility Requirements:

-A credit worthy cosigner is often required for undergraduate students

-Attending at least half-time to full-time

-A Permanent U.S. Citizen

-Must meet the credit criteria specified by the lender

-Must be making satisfactory academic progress (SAP)

-Each lender might specify additional requirements.

Culinary Institute LeNôtre works with the following lender to provide private loans to our students:  Wells Fargo Student Loan (School Code # 03723300) – USBank- Chase Bank – CitiBank – Citizens Bank – Credit Union Student Loans – Star One Credit Union – PNC Bank – Sun Trust Banks.

Active Duty Military Personnel & Veterans Tuition Assistance
Active Duty Military Personnel and Veterans may have access to state and federal tuition assistance. The Texas Veterans Commission www.tvc.state.tx.us/ National Guard, Reserve Military Personnel and Federal Branch Military Personnel may be eligible for tuition assistance from their active duty or reserve units.

If you are in one those categories, you should go to your nearest installation, base, reserve center or drill location and request to speak with the Base, Division, Naval Air Station or Company Education Officer to see if there are any funds available to allocate to your tuition assistance. The actual funds will be authorized from the Education Officer directly and given to the student.

Culinary Institute LeNôtre offers a VA scholarship to those who qualify. Please see the guidelines and submission requirements. Questions about military and veterans affairs should be directed to the Financial Aid Department at (713) 358-5052 or by email at financialaid@ciaml.com.

Texas Department of Assistive & Rehabilitative Services
Texas Department of Assistive and Rehabilitative Services is a partnership with Texans with disabilities and families with children who have developmental delays to improve the quality of their lives and to enable their full participation in society. Culinary Institute LeNôtre is approved by DARS to provide vocational training to those who qualify.

Texas Department of Assistive and Rehabilitative Services – Apply Online

Payment Plans
In-House: The in-house payment plan is to facilitate student payment when they are in school only. Students are invoiced the first of each month. The balance is interest fee if re-paid on time. Certain restrictions apply.
Federal Student Loans & Grants
Federal Direct Subsidized Loan Program

This program is a self-help aid program. This loan must be repaid. There is a maximum of 10 years to repay this loan. Culinary Institute LeNôtre is limited to first year-first time borrower limits. The government subsidized (takes care of) the interest payments while a student is in-school and during a six-month grace period after graduation. Once the grace period passes, the student will be required to start repayment. The interest rate is variable and changes every July 1st.

Federal Unsubsidized Loan Program

This program is a self-help aid program. This loan must be repaid. There is a maximum of 10 years to repay this loan. Culinary Institute LeNôtre is limited to first year-first time borrower limits. The student is responsible for the interest payments the entire life of the loan. Repayment starts following a six-month grace period after graduation. The student may choose to pay the unsubsidized interest on the loan while in school or defer the interest until repayment starts after the six-month grace period is over (you select this option on the  Master Promissory Note). The interest rate is variable and changes every July 1st.

Parent PLUS Loan Program

This program is a self-help aid program. This loan must be repaid. This loan is available for parents of dependent students. A FAFSA application does not have to be completed in order for a parent to take this loan out for their child. If the FAFSA is completed, the aid administrator will check for Pell Grant eligibility and Subsidized Federal Student loan eligibility. Dependent students only have access to Pell Grants and subsidized Federal Student loans (if they qualify). The interest rate is variable and changes every July 1st.

Find information about Federal Direct Loan here.

Loan Repayment
Loan Repayment

To locate your loan, visit the following website:

www.nslds.ed.gov

Level (Standard) Repayment

Typically this is the least expensive option in terms of total interest costs. Also known as the standard repayment plan, this option is the choice of most federal education loan borrowers. This plan provides a fixed monthly payment of at least $50 over a period of up to 10 years. If your monthly payments under this option exceed 8% to 10% of your gross monthly income, however, you should consider one of the following flexible repayment options or loan consolidation.

Graduated Repayment

Monthly payments start low and increase over time. Graduated repayment may be a good choice if you currently have limited income but expect higher earnings in the future. The maximum repayment term under this option is 10 years. Total interest costs are higher under this option than with level repayment.

Income-Sensitive Repayment

Payments can be adjusted up or down annually to account for changes in your income. The minimum payment must be enough to cover accruing interest. The repayment period of 10 years can be extended to 15 years under a special forbearance provision. Total interest costs will be higher with this option than with level repayment.

Loan Consolidation

Consolidation permits you to bundle all of your federal education loans into a convenient single monthly payment at a fixed interest rate. Depending on your total outstanding loan balance, you also may be able to extend your repayment period and lower your monthly payments by as much as 40%. You are likely to pay more total interest, however, by extending your payment period and making smaller payments over a longer term.

Extended Repayment

This option is available only if you did not have a balance on a Federal Family Education Loan Program (FFELP) loan as of October 7, 1998, or at the time your received a FFELP loan after Oct. 7, 1998. Extended repayment is available only if your outstanding education loan balance is more than $30,000.

Under this plan, you may reduce the amount of your monthly payment by spreading payments over a period of up to 25 years. You may choose to make payments over this extended period under a level or graduated schedule. Because payments are stretched over a longer term, total interest costs will be significantly higher than under the other repayment plans.

Student Loan Repayment Relief

Click here to download Deferment form.

Click here to download Forbearance forms.

Deferment

If you meet the qualifications for deferment and submit the required documentation, you are entitled to defer principal payments, in the case of unemployment or economic hardship, for up to a total of three years during the term of your loans. There is no maximum time limit for deferment while you are continuously enrolled at least part time in school or participating in a qualified graduate-fellowship or rehabilitation-training program.

Forbearance

If you don’t meet the requirements for deferment but still need payment relief, you may appeal to your lender or loan servicer for forbearance. Forbearance permits you to reduce or postpone payments or extend the time for making payments, usually at the discretion of the lender. A forbearance request typically is granted for a period of up to 12 months.

How to Apply for Financial Aid

FAFSA_Logo_Transparent_800x292

The school encourages students to apply for federal aid (FAFSA-Free Application for Federal Student Aid) to help reduce the amount of tuition and fees to pay out of pocket.

If you’re ready to fill out the FAFSA now, go for it! fafsa.gov or you need a paper FAFSA you can download a PDF FAFSA here.

If you would like assistance with the process, contact the Financial Aid Department for an appointment at 713-358-5052 or financialaid@ciaml.com or attend one of our Financial Aid Workshops

Scholarships & Grants
We have various scholarships and grants available through out the year for our students. We encourage you to apply and stay informed as we continuously post new scholarships for you, take a look here.

Click here to find a general scholarship application

Financial Aid Workshop
Need help filling out your paperwork? Our Financial Aid Department can assist you in completing your applications when you attend a free Financial Aid Workshop. For more information click here.

For More Information

If you have any further questions or would like assistance with the processes, contact the Financial Aid Department for an appointment:

Elsa Piña
Financial Aid Manager
Office: 713-358-1043
epina@ciaml.com

OPEN HOUSE