US Truck Driver Training School offers several different types of financial aid to students. You can read about these types of financial aid below or in the Student Handbook. If you have any questions, please contact the Office of Financial Aid.
These may be awarded from the federal government, the state government, and/or private organizations. Based on financial need, grants typically do not need to be repaid.
Federal Pell Grant: available to undergraduate students who have not received their first bachelor’s degree. The amount depends on the student’s financial need, costs to attend school, status as a full-time or part-time student, and plans to attend school for a full academic year or less.
State Grant: available to adult students enrolling in the 160-hour program and to youth students enrolling in the 602-clock hour program. The qualification process is done at Michigan Works offices in the city that the student resides in.
These must be repaid.
Federal Direct Stafford Loan: available to all students, regardless of financial need.
Subsidized Stafford Loan: based on financial need and available to undergraduate students only. Under this program, the student is not required to make payments while he/she is in college at least half time and no interest will accumulate during this time
Unsubsidized Stafford Loan: not based on financial need and is available to both undergraduate and graduate students. Under this loan program, the student is not required to make payments while he/she is in college; however, interest will accumulate if not paid by the borrower.
Federal Direct PLUS Loan: available to all students, regardless of financial need.