Financial Aid

This is a federal grant awarded to students with financial need, and is money that does not need to be repaid. The exact award amount is based on the information provided on the FAFSA, with the maximum amount not to exceed $7,395.00 for the 2024-25 award year. Students must maintain satisfactory academic progress and meet the eligibility requirements for this grant. For more information on the Pell Grant program, please contact the Financial Aid representative.

Students are eligible to participate in the Direct Loan Program. Students must complete the Free Application for Federal Student Aid (FAFSA) and meet all eligibility requirements to apply.

This is a Federal student loan in which the government pays for all interest while the student is attending school. The student begins repayment on the principal and interest for the loan six months after graduation. Dependent and independent students may borrow up to $3,500.00 in their freshman academic year; Student must meet all eligibility requirements per government regulations.

This is a Federal student loan in which the borrower accrues interest while attending school. The student begins repayment on the principal and interest for the loan six months after graduation. First-year dependent and independent students may borrow up to $2,000.00 in each academic year. All independent students (as defined by the U.S. Department of Education) and any dependent students whose parents do not qualify for the PLUS loan may borrow an additional $4,000.00 in each academic year. Student must meet all eligibility requirements per government regulations.

This is a Federal loan in which the parent is the borrower on the loan. The student must be dependent (as defined by the Department of Education) in order for the parent to be eligible to apply for this loan. The borrower must be the biological parent or a step-parent that is the spouse of a biological parent. The borrower’s credit must be approved in order to obtain this loan, but there are no minimum or maximum levels of borrowing. However, when combining this loan with the student’s other financial aid awards, the parent cannot borrow an amount that would cause the student to exceed their cost of education. Repayment begins six months after the student graduates or otherwise leaves his or her educational program.

To apply for financial aid, complete the FAFSA (Free Application for Federal Student Aid) using ICH’s school code (041816) at www.studentaid.gov. Our Financial Aid team can help guide you through the process step-by-step.

ICH participates in federal financial aid programs, including Federal Pell Grants for eligible students. Additional funding options may include private education loans, such as the Sallie Mae Smart Option Student Loan®, College Avenue, and payment plan options through TuitionFlex℠.

Some financial aid, like grants, does not need to be repaid. However, student loans must be repaid with interest after you leave school or drop below enrollment requirements.

Eligibility for financial aid is determined by several factors, including your enrollment status, citizenship status, financial need, academic progress, and the information submitted on your FAFSA application.  

Once you complete the FAFSA, the school’s Financial Aid Office will review your results and let you know what types of aid you may qualify for, such as grants and/or loans.

The amount of financial aid awarded varies based on eligibility, program, and financial situation. Federal grant programs, including the Pell Grant, are available to eligible students.

After submitting your FAFSA and completing the admissions process, ICH will provide a financial aid package outlining your eligibility and estimated costs.

Yes. If you meet the requirements, financial aid eligibility is based on your overall financial situation, not just employment status. Working students may still be eligible for financial aid programs.

Yes. ICH participates in the Imagine America Scholarship program for eligible students. Our Financial Aid team can also provide resources to help students search for additional scholarship opportunities. We also have an alumni scholarship for our Vocational Nursing program.

If you are not eligible for federal financial aid, ICH may discuss alternative payment options, including private loans such as the Sallie Mae Smart Option Student Loan®, College Avenue, cash payment plan options with 0% interest, and TuitionFlex℠ payment plans. Our team can also provide resources to help students search for outside scholarship opportunities.

Yes. ICH’s Financial Aid Office provides one-on-one support to help you through your FAFSA application process and understand your options. 

Give us a call during business hours at 661-940-9300, and we’ll help answer any questions you might have.