Financial Aid

Are you looking to the future? Financial aid is available to all students who qualify, and our financial aid advisors will assist students with multiple options to afford training. As an accredited institution, financial aid is available to PSI students who qualify for the various federal student aid programs, including grant programs, subsidized and unsubsidized Stafford Loan programs, the Perkins Loan program, and the Parental Loan for Undergraduate Students (PLUS) program, among others. Along with federal programs, PSI also participates in numerous scholarship programs, alternative loan programs and agency funding. Our financial aid advisors will work to help you secure funding to cover your educational costs from a variety of sources, including the federal government, state agencies, Veterans Affairs, private sources and corporate sources. PowerSport Institute understands that paying for school is not easy. The Financial Aid Office wants to help you in financing your education by providing many options. At PSI, we pride ourselves in offering a personal touch to a sometimes confusing process. The financial aid process at PSI is a simple three-steps: Step 1 – Applying for Aid In order to receive student financial aid, you need to fill out a Free Application for Federal Student Aid (FAFSA) every school year. You may use FAFSA on the Web to complete and submit your financial aid application electronically, or simply complete the form and send it back to PSI for processing. Step 2 – The Award After your FAFSA is entered and your information is verified, you will receive an award package from PSI detailing the amount of aid you will be receiving from the government. We will present a detailed payment schedule for you and suggest options on ways to cover the remaining balances. We will work with you and your parents to determine the best way to finance your education, including PLUS loans, Sallie Mae and alternative loans. Step 3 – Applying for Loans You and your parents now begin the process of applying for credit-based loans to cover the remaining balances. The PLUS loan (Parental Loan for Undergraduate Students), Sallie Mae loan or other alternative loans can also include the cost of housing. For more information on loans or the financial aid process, please contact the Financial Aid Office.