[Midvale, September 2, 2016] – Collectiv Academy, a Salt Lake City training center, provides cosmetology and barbering education to individuals who are serious about having a career in the hairdressing or barbering industry. As a recognized Title IV participant school by the U.S. Department of Education, they help students obtain federal grants and loans in order to enroll in one of their programs.

Qualifications for Financial Aid

Collectiv Academy knows that paying for school is a major obstacle for any student. They help prospective students obtain government grants and loans if they need it. Collectiv Academy says that most individuals are eligible for financial aid to help pay for education.

While the federal government considers an individual’s income for federal student aid, the age, race, and field of study do not affect eligibility.

Types of Financial Aid

The federal government offers two types of financial aid that Collectiv Academy helps prospective students obtain: Pell Grants and Stafford Loans.

The Federal Pell Grant Program is available to low-income students. The needs-based grant considers factors such as parent or student income and a family’s household size. Those who qualify may receive up to $7,400 for a full Collectiv Academy program.

Students and parents may also borrow money through the U.S. Department of Education’s loan programs. These loans are not credit based, and the government pays for the interest while the student gets their education. Payments are due six months after graduation.

Interested students may visit the website for more information about financial aid and educational programs.

About Collectiv Academy

Collectiv Academy, under the direction of creative leaders Kenny and Lenore Gibson, offers cosmetology and barbering education in Salt Lake City to individuals interested in a lifelong career as a hairdresser or barber in the local, national, and global market.

Collectiv Academy appreciates trends, but they also want their students to create them. They aim to deliver an exceptionally relevant education that prepares students to be industry fierce.

For more information about what they have to offer, please visit http://collectivacademy.com.