Financial Aid
Education is the most important investment you will ever make. Education is an investment in you! It can give you a dream career that is both personally and financially rewarding. The challenge is, how to afford the tuition now.
Through our school sponsored programs and partnerships with financing companies and government agencies, we can help you with your tuition costs. We encourage you to work with us to design a financial plan that helps you accomplish your educational goals.
LAAFA Programs
Short Term Payment Plan
For those students needing extra time during the quarter to pay their tuition, LAAFA offers a payment plan. Students must pay 50% of the tuition by the payment due date and submit a post-dated check or credit card number for the remaining balance plus a 2% to 5% fee, based on the payment type. The post-dated check must be dated prior to the beginning of the fifth week of the quarter. The student will be unable to continue in the program if all of the payment requirements are not met.
Work Exchange Program
Students may apply for College Work Exchange each quarter. The availability of jobs varies from quarter to quarter. Please contact the Administration Office for more information.
TFC Tuition Financing
In partnership with TFC Tuition Financing, LAAFA is now offering a student loan program. Borrow up to a 100% of your school-certified tuition costs and pay as little as $500 a month.
U.S. citizens and permanent residents are eligible. You must meet current credit and other eligibility criteria. Applying with a credit worthy cosigner can give you a better chance of approval and may help you get a lower interest rate.
Lower Interest Rates
- Rates from 4.500% to 11.744%.
- No Origination fees and no Prepayment Penalties.
Incentives
- Receive a 2% reduction when you make scheduled monthly payments on time while in school with Fixed Repayment Options.
- Receive a 0.50% interest rate reduction while enrolled to make scheduled monthly payments by automatic checking deductions.
Please contact us by email at contactus@laafa.org or by phone at 818-708-9232 in case of any questions.
Government Programs
Vocational Rehabilitation & Employment Program (VR&E)
The VetSuccess program assists Veterans with service-connected disabilities to prepare for, find, and keep suitable jobs. LAAFA is proud to be included as a post-secondary training college for their program. To see if you are eligible to receive benefits, please visit the VR&E website for more information.
GI Bill
LAAFA is seeking approval from The United States Department of Veterans Affairs as a Higher Learning Institution for their Post – 9/11 GI Bill, Montgomery GI Bill – Active Duty (MGIB), Montgomery GI Bill – Reserves, and REAP programs for fall 2013. If you are interested in this program, please contact us for more information.
Other Programs
Additional grants and scholarships are available through private organizations (clubs, churches, employers). Students are encouraged to investigate sources from family affiliations.
