Federal Direct student loans are borrowed directly from the federal government by students by their parents. If you’re interested in borrowing Federal Direct student loans to help pay for your education, the first step is to complete the Free Application for Federal Student Aid (FAFSA®) to determine your eligibility. Student loans, grants, and scholarships are available to those who qualify. For more information on Federal Student Aid, download The Guide to FederalStudent Aid at https://studentaid.gov/h/apply-for-aid/fafsa . Altura’s federal school code (FSC) is 042844.
You can access your Direct Loan account information 24/7 at www.studentloans.gov, and work with your loan servicer to choose the repayment plan that works best for you. You can also work with your loan servicer to select a repayment plan. Repayment starts once you graduate, stop attending or drop below half-time enrollment.
Federal Direct PLUS loans are credit-based loans available to the parent(s) of students enrolled at least half-time. PLUS loans aren’t based on financial need. Loan amounts are based on the student’s Cost of Attendance less other financial aid. Repayment starts 60 days after the loan is fully distributed unless the borrower requests in-school deferment.
Borrowing money to help pay for your education is a big step. It’s important to take the time to understand the responsibilities that come with that financial assistance. When you take out a loan, you’re responsible for full repayment of the amount you borrow, plus any interest. You’re responsible even if you don’t complete the program or graduate.
If you fail to repay a loan, you will be considered in default which can result in:
Many Lenders (like banks and credit unions) also offer private loans to students to supplement their federal financial aid. Terms of the loan such as repayment and interest rates vary by loan. Lenders perform a credit check to make sure the applicant is creditworthy before approving the loan. A loan applicant might also have to provide a creditworthy co-signer before a loan will be approved.
Altura College participates in the Washington Worker Retraining Program which provides assistance with tuition and other program costs based on eligibility. Find out more information at sbctc.edu/paying-for-college/worker-retraining-student.aspx .
For Washington State residents seeking information and resources about student loan repayment, or to submit a complaint relating to your student loans or student loan servicer, please visit wsac.wa.gov/loan-advocacy or contact the Student Loan Advocate at firstname.lastname@example.org. If you have any questions, please contact Altura College’s financial administrator at (509) 334-3444.
Washington State laws prohibit massage therapy students (really, anyone not having a massage license) from receiving any sort of compensation for massage therapy services. Money towards tuition is considered compensation.
Also, you aren’t able to perform massages “on the side” for money while in school and not licensed. That’s the law in both Idaho and Washington.