Funding Your Future at Renewed Spirit Day Spa Academy
At Renewed Spirit Day Spa Academy, we believe that your passion for esthetics should be within reach. We offer various funding options to help make your dream career a reality. Explore the possibilities below to find the best fit for your financial needs.
Grants and Scholarships
Grants and scholarships are fantastic opportunities as they do not need to be repaid. We encourage all prospective students to actively seek out and apply for these resources. Here are some avenues to explore:
Beauty Changes Lives Scholarships: A non-profit organization offering various scholarships for beauty school tuition, generously funded by leading beauty brands. They have specific scholarships for esthetics students. (Visit beautychangeslives.org/scholarships)
Professional Beauty Association (PBA) Scholarships: The PBA offers scholarships to aspiring beauty professionals, including those in esthetics. (Visit probeauty.org)
Milady RISE Scholarship: A scholarship for students committed to client safety and wellness.
BeautySchoolsDirectory.com Scholarship: Offers a $2,500 scholarship for students and professionals in the wellness and beauty industry. (Visit beautyschoolsdirectory.com)
Dermalogica Scholarship Program: Offers scholarships and mentorship opportunities.
Circadia – Sage Michaela Lucas “Timing is Everything” Esthetics Scholarship: A scholarship celebrating diversity and inclusivity, targeting BIPOC esthetics students.
PCA Skin: Diversity in Esthetics Scholarship: Awards outstanding diverse students to encourage their selection of esthetics.
Access to Cosmetology Education (ACE): ACE grants are designed to help you begin your career in cosmetology. Sponsored by three major beauty industry associations: the American Association of Cosmetology Schools, the Cosmetology Advancement Foundation, and the Beauty and Barber Supply Institute. (Website: www.careersinbeauty.org Phone: 800-831-1086)
Deborah John & Associates Financial Aid Servicing: DJA is a leader in providing Financial Aid Servicing and Consulting to Title IV institutions. Our company's main goal and philosophy is to provide Financial Aid Servicing and Consulting with Personalized Service AND Professional Results!
108 W Main St
Mulvane, KS 67110-1763
Website: www.gotodja.com
Phone: 800-242-0977
Email: djainfo@gotodja.comE Student Loan: This service compares a range of alternative loans (nonfederal loans) through a search engine that matches the student’s needs with a short list of available appropriate loans.
Website: www.studentloan.com
FastWeb: A scholarship search service to help students choose a school, pay tuition, and find jobs and internships.
Website: www.fastweb.com
Phone: 800-327-8932FinAid: The SmartStudent guide to financial aid.
Website: www.finaid.com
NCEA: The National Coalition of Estheticians, Manufacturers/Distributors & Associations (NCEA) awards a $1,000 scholarship to one qualified applicant four times a year (every quarter). For more information regarding qualifications, and to access the scholarship application, please visit www.ncea.tv/scholarships-grants.
Sallie Mae: The nation’s largest source of funding and servicing for higher education loans.
Website: www.salliemae.com
Phone: 888-272-5543StudentCredit.com: Information regarding credit cards and achieving good credit management skills.
Website: www.studentcredit.com
Phone: 800-649-8802The Education Resource Institute (TERI): TERI provides education financing and information services to students and their families.
Website: www.teri.org
Phone: 800-255-8374United States Department of Education: The Department of Education makes available billions of dollars annually in financial aid to enable millions of students to attend postsecondary schools.
Website: www.ed.gov
Phone: 800-872-5327Local and State-Specific Grants: Check with your state's department of education or vocational rehabilitation services for potential grants specifically for vocational training.
Community Organizations: Local community foundations, women's clubs, and professional organizations often offer scholarships to students pursuing specific trades.
Tips for Applying for Grants & Scholarships:
Start Early: Many scholarships have specific application windows and deadlines.
Tailor Your Application: Customize your essays and applications to highlight why you are a strong candidate for each specific scholarship.
Showcase Your Passion: Let your enthusiasm for esthetics shine through in your applications.
Student Loans
Student loans can help bridge the gap between your available funds and the cost of tuition.
Federal Student Loans: To be eligible for federal student loans (such as Direct Subsidized and Unsubsidized Loans, and Parent PLUS Loans), you must typically be enrolled at least half-time in an accredited program and complete the Free Application for Federal Student Aid (FAFSA). Federal loans generally offer lower interest rates and more flexible repayment options.
Direct Subsidized Loans: For undergraduate students with demonstrated financial need; interest is not accrued while in school or during certain deferment periods.
Direct Unsubsidized Loans: Available to all students regardless of financial need; interest accrues from the time the loan is disbursed.
Parent PLUS Loans: Loans for parents of dependent undergraduate students.
Private Student Loans: If federal aid doesn't cover all your costs, or if you don't qualify, private loans from banks, credit unions, or online lenders may be an option. Some common private lenders for esthetics programs include Sallie Mae, College Ave, and Ascent. Interest rates and terms for private loans can vary widely, and often require a credit check or a co-signer.
Important Note on Accreditation: At this time, Renewed Spirit Day Spa Academy is not an accredited institution, making our students ineligible for various forms of federal financial aid.
In-House Payment Plan
We understand that upfront tuition can be a barrier. To support our students, Renewed Spirit Day Spa Academy offers a convenient in-house payment plan.
2.5% Fee: A small 2.5% fee will be applied to the total tuition balance if you choose this payment option.
Installment Payments: The remaining tuition balance, after any initial deposits, can be broken down into installments.
Certificate Issuance: Please note that your program certificate will be issued only after the full tuition balance, including any applied fees, has been paid.
Our admissions team is here to assist you with understanding these funding options and navigating the application process. We are committed to helping you achieve your educational goals at Renewed Spirit Day Spa Academy. Please contact us to discuss your specific financial needs and explore the best path for you.