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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. 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 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 if required

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 Academy
  • Via the U.S. Department of Education’s website – FAFSA on the Web www.studentaid.gov

What factors determine financial need?

  • Cost of attendance
  • Expected family contribution
  • Financial need

Programs eligible for Title IV funding

Title IV funding is available for the following programs:

  • Barber 1,500 Clock Hour
  • Cosmetology 1,500 Clock Hour
  • Esthetics 750 Clock Hour
  • Teacher Training (Cosmetology) 1,000 Clock Hour
  • Teacher Training Barber 1, 000 Clock Hour
  • Teacher Training Esthetics 750 Clock Hour

For the following programs Title IV funding is not available:

  • Teacher Training (Barber, Cosmetology, and Esthetics)  500 Clock Hour
  • MUD 84 Hour Certification Level I

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. 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.

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 needs.
  • 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

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

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)

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. You can find all CARES Act reports here.

Why choose us? Our master educators, fun learning environment, and hands-on training set us apart from other beauty schools. There’s so much to love about our school! 💖

*Financial aid is available to those who qualify.

#pivotpointacademy #pivotpoint #cosmetologyschool #futurecosmetologist #beautyschool #hairschool #estheticsschool #barberschool #mastereducator
The beauty industry is very hands-on, so we make sure our students get plenty of hands-on training! Students practice on mannequin heads before providing beauty services to real guests in our student salon. ✂️

*All services provided by students under the supervision of licensed professionals.

#haircut #barberschool #cosmetologyschool #beautyschool #hairschool #futurebarber #barberstudent #barber #barbering #pivotpointacademy #pivotpoint
We love hearing that our students have gone above and beyond for guests at the student salon. Being passionate about what you do makes all the difference! 💖

*All services provided by students under the supervision of licensed professionals.

#testimonial #review #fivestarreview #pivotpointacademy #pivotpoint #cosmetologyschool #beautyschool #estheticsschool #estheticsstudent #futureesthetician #spafacial
Ready to make your mark on the beauty industry? Consider the Cosmetology Program at Pivot Point Academy! Contact us for more information. We'd love to help you get started on your journey!
This guest is rocking these rainbow peekaboo highlights from @beautybybrerose! 🌈 If you’re ready for some stunning new highlights, make sure to visit our student salon in Bloomingdale, IL!

*All services provided by students under the supervision of licensed professionals.

#vivids #rainbowhair #peekaboohighlights #highlights #hairideas #pivotpointacademy #pivotpoint #cosmetologyschool #beautyschool #hairschool #futurecosmetologist
Do you get excited about sharing your beauty expertise with others? Then it may be time for you to think about becoming a teacher! Our teacher training courses begin August 23rd, so visit our website for more information!
Hair cutting, coloring, and men’s shaving are just a few of the exciting skills covered in our barber program. Visit our website to learn more about the program and get started! → Link in bio

*Financial aid is available to those who qualify.

#pivotpointacademy #pivotpoint #futurebarber #barberstudent #barber #barbering #barberschool #cosmetologyschool #beautyschool #hairschool
When the teachers become students! #LearnForward #Student4Life #teachers #students
Interested in starting your barbering journey? Classes at Pivot Point Academy start August 8th, so contact us today to begin your journey and get one step closer to the future of your dreams! 💈
@hairbykaitlinalice freshened up this client’s hair with a partial highlight, toner, and haircut. The results were seriously gorgeous! 🤩

Current students, don’t forget to tag us in your work for a chance to be featured on our social media pages! We can’t wait to see all the beautiful work you’ll share with us.

*All services provided by students under the supervision of licensed professionals.

#highlights #haircut #hairideas #pivotpointacademy #pivotpoint #cosmetologyschool #beautyschool #hairschool #futurecosmetologist
Congratulations Day Esthetics class for completing your Make-up Designory Beauty Essentials makeup certification! ✨ @mudcosmetics #iampivotpoint #pivotpoint #pivotpointacademy
Our beauty programs are a cut above the rest! ✨ We don’t just teach our students HOW to perform beauty services – we also teach them WHY things should be done a certain way. This prepares our students to thrive in the beauty industry! 

*Financial aid is available to those who qualify.

#pivotpointacademy #pivotpoint #mastereducator #futurecosmetologist #cosmetologyschool #beautyschool #hairschool #estheticsschool #barberschool
Lets welcome our newest barbers to Pivot Point Academy! Looking forward to your BARBER journey with us! ✨💈#pivotpoint #iampivotpoint #pivotpointacademy
Who says you have to go blonde for the summer? @mackenziep.beauty transformed this guest’s faded pink hair into this stunning look that’s giving us major galaxy vibes! 💫

*All services provided by students under the supervision of licensed professionals.

#bluehair #blackhair #vivids #hairideas #pivotpointacademy #pivotpoint #cosmetologyschool #beautyschool #hairschool #futurecosmetologist
Imagine using your experience in barbering💈, esthetics💆, or cosmetology✂️ to teach and inspire others. If that sounds exciting to you, our Teaching Training program can help you make it happen. Classes start August 23rd!

*Financial aid is available to those who qualify.

#pivotpointacademy #pivotpoint #teachertraining #mastereducator #cosmetologyschool #beautyschool #hairschool #barberschool #estheticsschool #continuingeducation
@beautyby.daniellec brightened up this guest’s hair by doing a balayage with teasy lights. You really can’t go wrong with dimensional blonde hair! 😍

*All services provided by students under the supervision of licensed professionals.

#balayage #teasylights #blondehair #blonde #dimensionalhair #hairideas #pivotpointacademy #pivotpoint #cosmetologyschool #beautyschool #hairschool #futurecosmetologist
Do you have questions about beauty school? 🤔 We’re here to help! We put together a helpful FAQs page so you can quickly and conveniently find answers to common questions. Visit our website to check it out, and of course, don’t hesitate to contact us if you have any other questions!

#faqs #pivotpointacademy #pivotpoint #cosmetologyschool #barberschool #estheticsschool #beautyschool #hairschool #futurecosmetologist
Congratulations to some of our recent Cosmetology graduates!!✨ we are proud of your hard work and dedication! 1500 hours complete!☑️✨ 
#iampivotpoint #pivotpoint #pivotpointacademy
Congratulations to some of our recent Cosmetology graduates!!✨ we are proud of your hard work and dedication! 1500 hours complete!☑️✨ 
#iampivotpoint #pivotpoint #pivotpointacademy
This green hair from @beautybybrerose couldn’t be any more gorgeous! 🤩 If you want vibrant hair like this, make sure to visit our student salon in Bloomingdale, IL.

*All services provided by students under the supervision of licensed professionals.

#greenhair #vivids #hairideas #pivotpointacademy #pivotpoint #cosmetologyschool #beautyschool #hairschool #futurecosmetologist
🔸 Having a great time doing hair and makeup at @clickconchicago go Pivot Point Academy!🔹 
#iampivotpoint #pivotpoint #pivotpointacademy ✨
We want all our guests to feel welcome when they enter our student salon and beautiful when they leave! It’s great to hear feedback from guests letting us know we’re doing just that.

*All services provided by students under the supervision of licensed professionals.

#testimonial #review #fivestarreview #pivotpointacademy #pivotpoint #cosmetologyschool #beautyschool #hairschool #futurecosmetologist
Welcome our June 2022 Cosmetology class! ✨ we are excited for your journey to begin with us! #iampivotpoint  #pivotpoint  #pivotpointacademy

Testimonials

  • I was recently at your Bloomingdale location this past Saturday.  Christopher cut my hair as well as did a color correction w/high lights.  Even though I was there for 5 hours he took his time to make sure that the job was being done right and asked instructors for feedback etc when needed.

    Well, the outcome came out FANTASTIC. I posted my picture on my Facebook as well as my personal weight watchers profile and I was bombarded with so many likes saying how cute the color/cut came out and how it complements my newly thinned out features.   I went drastic with a modified pixie cut and I went for it 🤣!!

    I’m hoping that Christopher is available the next time I go for a trim and touch up 😊😊

    Linda B.

    I chose pivot point intentionally because I’ve always loved makeup. Going through all the phases and learning all the curriculum I’ve never been so happy to become a well-rounded hairstylist knowing all techniques and learning all different hair types. I’ve never been so blessed to be working at Sharon Daniel Salon to further my career and make everyone feel beautiful!

    Alissa M.
  • 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!

    Mikey D.

    Pivot Point Academy is not only a school, it is a home. This place helped me branch out into a whole different person. I tried things I never knew I would try and accomplished so much more than I would’ve ever thought. Pivot Point allowed me to find another home at Sorelle Salon in Bartlett. I am a full-time stylist now doing hair, makeup, spray tans, lash extensions, lash lifts, and nails! This industry offers so much and Pivot Point helped me realize beauty is unstoppable!

    Gabby B.
  • I chose Pivot Point Academy because I wanted a supportive, family-like school. I knew from the minute I toured the academy; I was home. The educators were amazing, my classmates were always cheering me on and the rest of the team always had my back. I knew going to Pivot Point I would have the best cosmetology education and opportunities following graduation. I was given all of that, plus so much more.

    Savannah F.

    I chose Pivot Point because it had always been highly recommended to me and frankly; no other school compared. I felt welcomed and at home right away, so I knew it was the right choice. After graduating from Pivot Point, I was able to come across an amazing job opportunity at The Mixx Hair Salon where I am now a full-time hairstylist and lead makeup artist.

    Nathaly L.