The student financial aid programs at Pivot Point Academy are designed to assist students who would find it difficult to attend without financial assistance. Financial aid is only available to those who qualify.
You can contact us from Tuesday – Saturday 9:00 am – 4:45 pm by call at 847-985-4320 or email at info@academy-pp.com
Pivot Point offers the following types of financial assistance:
Pivot Point is approved by the United States Department of Education to offer the following Title IV programs for post-secondary education to eligible students:
The basis of determining a student’s financial need will be an analysis of the financial status of the student’s and/or the parent’s income. This analysis is accomplished by completing a Free Application for Federal Student Aid (FAFSA) distributed by the U.S. Department of Education. The Federal School Code of Pivot Point Academy in Bloomingdale, IL is 010836.
When students apply for financial aid, they are required to provide information about their family’s income, assets, and other relevant factors. Based on this information, the institution calculates the student’s Expected Family Contribution (EFC) and determines their eligibility for various types of financial aid, including grants, loans, and work-study programs.
However, students may pursue an adjustment to their financial aid packages based on special or unusual circumstances. Professional Judgment is the authority granted to financial aid administrators by the Higher Education Act (HEA) to make changes to a student’s cost of attendance, financial information used in the FAFSA to calculate the student’s EFC (these adjustments are based on special circumstances) or to change a student’s dependency status from dependent to independent (these adjustments are based on unusual circumstances).
To address these situations, the institution is following a process defined in its Professional Judgment Policy to adjust a student’s financial aid package based on special circumstances and/or unusual circumstances that were not considered in the initial calculation of the EFC.
Title IV funding is available for the following programs:
For the following programs Title IV funding is not available:
A Federal Pell Grant, unlike a loan, does not have to be repaid. Generally, Pell Grants are awarded only to undergraduate students who have not earned a Bachelor’s or professional degree. Also, students have to demonstrate financial need. For many students, Pell Grants provide a foundation of financial aid to which other aid may be added.
A Federal Supplemental Educational Opportunity Grant is for undergraduates with exceptional financial needs – that is, students with the lowest Expected Family Contributions (EFCs) – and gives priority to students who qualify for Federal Pell Grants. An FSEOG does not have to be repaid.
*Note: If you receive a Direct Subsidized Loan that is first disbursed between July 1, 2012, and July 1, 2014, you will be responsible for paying any interest that accrues during your grace period. If you choose not to pay the interest that accrues during your grace period, the interest will be added to your principal balance.
Students are encouraged to apply for one type or a combination of the types of financial aid available.
Department of Education – The Student Guide – Federal financial aid information
The Smart Student Guide to Financial Aid – Scholarship Search and Financial Aid Information
Understand Federal Loan Programs
The Illinois Student Assistance Commission (ISAC) – State grant and scholarship website
FSA ID – Apply for FSA User ID and Password
SFA Ombudsman – Resolve loan disputes and problems
FAFSA (Federal Application for Student Aid) Online
School Codes – Lookup Title IV school codes for FAFSA. The federal school code for Pivot Point Academy in Bloomingdale, IL is 01836
Direct Loan Entrance Counseling (pdf-file) and Complete online Direct Loan Entrance Counseling
Direct Loan Exit Counseling (pdf-file) and Complete online Direct Loan Exit Counseling
From-Student Contact Information and Acknowledgement of Exit Counseling (pdf-file)
Selective Service System – register online Here
Internal Revenue Service – tax information Here
The Coronavirus Aid, Relief and Economic Security (CARES) Act was passed by Congress and signed into law to provide economic relief from COVID-19. You can find all CARES Act reports here.
144 E Lake St Ste C
Bloomingdale, Illinois 60108
Admissions: 847-985-4321
Salon & Spa: 847-985-5900
8501 West Higgins Road Suite 110, Chicago, Illinois 60631
Admissions: 847-985-4321
Salon & Spa: 847-383-9790
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