Financial Aid at Pivot Point Academy

The student financial aid programs at Pivot Point Academy are designed to assist students who would find it difficult to attend without financial assistance.

You can contact us from Tuesday – Saturday 9:00 am – 4:45 pm by call at 847-985-4320 or email info@academy-pp.com

Pivot Point offers the following types of financial assistance:

  • Federal Grants
  • Federal Student Loans

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:

  • Federal Pell Grant
  • Federal Supplemental Educational Opportunity Grant (FSEOG)
  • Federal Direct Loans (Subsidized and Unsubsidized)
  • Federal Direct PLUS Loans

Financial aid eligibility requirements

  • Be a U.S. citizen or eligible non-citizen
  • Demonstrate financial need
  • Hold a high school diploma, a general education diploma (GED)
  • Be enrolled or accepted for enrollment as a regular student working toward a certificate in an eligible program
  • Have a valid Social Security Number
  • Make satisfactory academic progress
  • Register with Selective Service
  • Sign a Statement of Educational Purpose and a Certification Statement on overpayment and default

How is financial aid determined?

The basis of determining a student’s financial need will be an analysis of the financial status of the student’s and/or the parents’ income. This analysis is accomplished by completing a Free Application for Federal Student Aid (FAFSA) distributed by the U.S. Department of Education.

Where can you find financial aid forms?

  • In your high school guidance counselor’s office
  • In the financial aid office at Pivot Point International
  • Via the U.S. Department of Education’s website – FAFSA on the Web www.fafsa.ed.gov

What factors determine financial need?

  • Cost of attendance
  • Expected family contribution
  • Financial need

What types of student financial aid are available?

Federal Pell Grant

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. For many students, Pell Grants provide a foundation of financial aid to which other aid may be added.

Federal Supplemental Educational Opportunity Grant

A Federal Supplemental Educational Opportunity Grant is for undergraduates with exceptional financial need – 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.

Types of Federal Student Loans

Federal Direct Subsidized Loan

  • Direct Subsidized Loans are available to undergraduate students with financial need.
  • Your school determines the amount you can borrow, and the amount may not exceed your financial need.
  • For a subsidized loan, the U.S. Department of Education pays the interest
    • while you’re in school at least half-time,
    • for the first six months after you leave school (referred to as a grace period*), and
    • during a period of deferment (a postponement of loan payments).

*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.

Federal Direct Unsubsidized Loan

  • Direct Unsubsidized Loans are available to undergraduate and graduate students; there is no requirement to demonstrate financial need.
  • Your school determines the amount you can borrow by considering the cost of attendance and other financial aid you receive.
  • For an unsubsidized loan, you are responsible for paying the interest during all periods.
  • If you choose not to pay the interest while you are in school and during grace periods and deferment or forbearance periods, your interest will accrue (accumulate) and be capitalized (that is, your interest will be added to the principal amount of your loan).

Students are encouraged to apply for one type or a combination of the types of financial aid available.


More Financial Aid Resources

Department of Education – The Student Guide – Federal financial aid information

The Smart Student Guide to Financial Aid – Scholarship search and financial aid information

Federal Direct Loan Program

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

Complete online Direct Loan entrance counseling

Complete online Direct Loan exit counseling

Additional links

Selective Service System – register online Here
Internal Revenue Service – tax information Here

CARES Act

The Coronavirus Aid, Relief and Economic Security (CARES) Act was passed by Congress and signed into law to provide economic relief from COVID-19.

One section of the CARES Act established the Higher Education Emergency Relief fund and awarded money for schools to use for emergency financial aid grants directly to students for expenses related to the disruption of campus operations due to the COVID-19 pandemic.

Pivot Point Academy Emergency Relief Funds
Pivot Point Academy CARES Act Quarterly Budget and Expenditure Reporting

A BIG Welcome to our new Cosmetologists! ✨ looking forward to following you on your journey!
#iampivotpoint #pivotpointacademy #pivotpoint
Agree or disagree: learning should be fun! ✨ At Pivot Point Academy, we do things differently. Our digital learning platform, LAB, is a fun and interactive way to master skills in esthetics,  cosmetology, and barbering. ⁠
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Take classes from your favorite industry professionals, engage with other students, and solidify your learning with quizzes. It’s time to take learning forward into the digital age. 💻 Are you coming with us? ⁠
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*Financial aid is available to those who qualify. ⁠
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#pivotpointacademy #pivotpointacademybloomingdale #learnaboutbeauty #lab #learnforward #illinoisbeautyschool #hairschool #estheticianschool #barberschool ⁠
Congratulations to a few of our recent graduates! @pnb_by_evelin @kali_galena @beautybydom ✨ #iampivotpoint #pivotpointacademy #pivotpoint
So happy for you!
Congratulations to Cassie for completing 1500 hours of cosmetology! We wish you success in all your future endeavors. The beauty industry is lucky to have talent like you! ⁠
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*Financial aid is available to those who qualify. ⁠
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#pivotpointacademy #pivotpointacademybloomingdale #illinoisbeautyschool #learnforward #learnaboutbeauty #lab #pivotpointlab⁠
Welcome our new Esthetician’s to the Pivot Point Academy family! ✨ 

#iampivotpoint #pivotpointacademy #pivotpoint #estheticianschool
Ready to have glowing skin? This client came in for her first facial, and these results speak for themselves! 💯 Our student @makeup_by_a.marie used a high-frequency modality, which ⁠
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- Acts as a germicide to stubborn acne. ⁠
- Reduces the appearance of fine lines and wrinkles.⁠
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Stop by our student salon and try this service for yourself. Your skin will thank you! → Link in the bio.⁠
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*All services provided by students under the supervision of licensed professionals. ⁠
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#pivotpointacademybloomingdale #pivotpointacademy #learnforward #learnaboutbeauty #lab #pivotpointlab #esthetics #estheticianschool #futureesthetician ⁠
Did you know that over one-third of all barbers are self-employed? 💈 💸 If you are ready to follow your entrepreneurial spirit and be your own boss, you may be destined to become a barber. ⁠
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Schedule your tour of Pivot Point Academy today to explore whether barber school could be your next step. →  Link in the bio. ⁠
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*Financial aid is available to those who qualify. ⁠
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#pivotpointacademy #pivotpointlab #pivotpointbloomingdale #barberschool #futurebarber #barbering #becomeabarber ⁠
Wow, on a scale of 1 to 10, how amazing do you think this color is!? It’s definitely a 10 from us! 💯 Our student @coras_cuts did such a great job on this fun color. ⁠
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If you’re ready for a transformation, book an appointment with us in our student salon. ✨ Making your day is what makes our day! → Link in the bio. ⁠
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*All services provided by students under the supervision of licensed professionals.⁠
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#pivotpointacademy #pivotpointlab #pivotpointstudent #beautyschool #hairschool #cosmetologyschool #futurecosmetologist ⁠
Congratulations to Margaret and Caroline for completing our esthetics program! We have loved being a part of your journey and know you will do great things. ❤️⁠
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Show these amazing ladies some love in the comments! 👇⁠
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*Financial aid is available to those who qualify. ⁠
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#pivotpointacademy #pivotpointacademybloomingdale #pivotpointlab #bloomingdalesalon #beautyschool #illinoisbeautyschool #estheticianschool #esthetics #futureesthetician⁠
We are loving this brow before and after by our student @skinby.nat_! If you’re ready for some self-care or a fresh wax, visit our student spa. ✨  Contact us to schedule your appointment!⁠
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*All work performed by students under the supervision of licensed professionals.⁠
Take advantage of your time and turn it into doing something you love. ✨  You can pursue so many things in your life, and if you’re ready to do something creative, beauty might be the perfect option for you. ⁠
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At Pivot Point Academy we offer programs in:⁠
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-Cosmetology⁠
-Esthetics⁠
-Barbering⁠
-& More! ⁠
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Contact us to see if we’re the right fit for you!⁠
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*Financial aid is available to those who qualify.
We are stunned by this beautiful, berry-inspired hair! Our student @hope_the_beautician did a wonderful job on this client’s hair with this vibrant color and a fresh trim. 💜 ⁠
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In need of some hair care yourself? Visit our student salon and see what our students can do for you.⁠
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*All work performed by students under the supervision of licensed professionals.⁠
Your dreams don’t have to be just dreams, they could be a reality! Pursue a future you can be proud of and get started at Pivot Point Academy. 💗 ⁠
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Our instructors have experience working in and owning salons and can help you meet your goals. Contact us today to schedule a tour and see if a future in beauty is perfect for you!⁠
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*Financial aid is available to those who qualify.
As Pivot Point Academy is a personal care facility, the mask requirement at our academy, student salon, barber clinic, and spa is still in effect until we have guidelines from the IL Department of Public Health. When additional information becomes available, we will let you know. Thank you for your understanding.⁠
We are loving how these curls turned out by our student @allthingsbeautifaly!⁠
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If you need a fresh trim, visit our student barber clinic! 💈 Contact us today to schedule your appointment. ⁠
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*All work performed by students under the supervision of licensed professionals.⁠
If you’re ready to pursue a future in beauty, let’s talk! We have experience working with the future professionals of the beauty industry, and we are passionate about training the next generation. 💗  We offer programs in:⁠
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-Cosmetology⁠
-Esthetics⁠
-Barbering⁠
-& More! ⁠
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Contact us today to find out more about how you could get started at Pivot Point Academy!⁠
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*Financial aid is available to those who qualify. ⁠
Let’s talk about this beautiful haircut by our student @hairbychristinealexis! We are loving these soft, long layers that bring out so much dimension in her client’s hair. ✨⁠
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*All work performed by students under the supervision of licensed professionals.⁠
Your future as a barber could start sooner than you think. 💈 If you have a passion for cutting and styling men’s hair, our barbering program could be the perfect fit for you. Find out more about Pivot Point Academy and see if we’re the perfect fit for you.⁠
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Click the link in our bio!⁠
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*Financial aid is available to those who qualify. ⁠
Welcome to our new cosmetology class!✨ #iampivotpoint #pivotpointacademy #pivotpoint
Congratulations Madison for completing the Esthetics program. Much success to you!✨
Congratulations Lorena for completing the Esthetics program. Much success to you! ✨ @glowinsidendout

Testimonials

  • After doing a ton of research, I chose to attend Pivot Point Academy to obtain my Cosmetology license. Their curriculum looked the best compared to other schools, and I’ve heard great feedback from friends that attended this beauty school.

    Lisa W.

    I recently attended the Cosmetology school at Pivot Point Academy to tighten up my skills. Great instructors that facilitate a collaborative learning experience that is not only based on concepts – but also hands-on practice to help enhance your skills.

    Sophia B.
  • Attending Pivot Point Academy for my cosmetology training was the single most important career decision I’ve made. From the strongest in fundamentals to a vast network, I wouldn’t be the traveling artists I am today without it. In one word: Blessed!

    Julianna P.

    I chose Pivot Point because of its professional but fun atmosphere. I feel that they took cosmetology as seriously as I did but everyone was still warm and welcoming! I am now working at a Redken Elite Salon in Chicago and I feel like I’ve found a home in my rising salon!

    Natalie G.