Financial Aid & Scholarships

We believe that paying for your program should not be unaffordable, so we offer various aid and some programs even offer scholarships! Check out the information below!
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Office of Financial Aid and Student Accounts

College is expensive and Financial Aid can be hard to navigate. This page offers up some of the differences between Phoenix Institute and other institutions.

What type of aid do we offer?

  • In-House Payment Plans
  • Outside Financing Through Private Student Lenders for certain programs
  • Need Based Scholarships

In House Payment Plans

Credit Not Required

We do not run a credit check of any type for in-house payment plans

Flexibility

Sometimes, traditional payment plans require payments on days that just don't work for you. We have options to match your needs and can even customize plans as needed

No Hidden Fees

We only charge you what you owe, no pesky additional interest fees

We do charge late fees, returned check fees as needed

How do I get a payment plan?

For semester programs:
  • To qualify for a payment plan, you must be denied by our outside financing partner and provide evidence of denial to have an in house payment plan

For non-semester programs:
  • During your application, simply select Payment Plan to allow for your admissions counselor to help you set up an affordable plan

Financing Options

We partner with two organizations to help you finance your education!

Edly Financing

More information coming soon!
Programs Approved for Funding

EMR - In House Payments Only
EMT - Meritize/Edly
AEMT - Meritize/Edly

Meritize

Phoenix Institute has teamed up with the Meritize platform* to offer our student’s a unique financing option.

Meritize works with students, educators, and employers to help people excel in skills-based careers. Meritize knows you are more than your credit score, and that is why they look at your past achievements to potentially enhance your loan options. 

A few reasons why the Meritize Platform is a great option for students include:·        

Fixed and variable interest rates available**
Flexible payment options, including deferring full principal and interest payments until 3 months after you complete your training·       
Customer support available 6 days a week·       
0.25% interest rate deduction if you sign up for autopay*** 

Checking your loan options with Meritize has never been easier. You can fill out a short application to check your loan options without impacting your credit score. If loan options are available to you, Meritize will request your merit information to finalize your application.

This could be in the form of:·       
Academic Experience (Official or unofficial transcript or HSE certification)·       
Military Experience (DD214)

Scholarships

Most programs provide a needs based scholarship

Based upon need

We never want for finances to get in the way of education. We offer need based scholarships for a variety of programs. Our commitment is to ensure that all students have access to education

Requirements

Students must submit a written request for the scholarship with information about their financial need and how the scholarship would help, previous academic transcripts, and recommendation letters (not required, but encouraged)

Types of Scholarships

At this time, we do not have funds for scholarships. As we receive scholarship opportunities, they will be updated here

How do I apply?

During the application process, you will have the ability to request a scholarship and upload documents. The scholarship committee will review all applications and notify students via e-mail to their decision 2 weeks prior to the program start date.

All applicants must submit their enrollment application and fee (if applicable) for consideration

Frequently asked questions

Do you require a FASFA?

Nope. At this time we do not receive federal financial aid, so a FASFA is not required for any financial aid provided by Phoenix Institute

Is my information secure?

Yes! We use encryption and have internal data security controls to ensure that your data is not released. We also follow all current FERPA policies to ensure that information is not released. 

Can I pay in full for my program?

Yes! You can also make payments before your program starts to reduce the amount of tuition that needs to be paid during your program.
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