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Financial Aid

  • Free Application for Federal Student Aid Overview
  • Federal Grants Program
  • Student Loans (Subsidized & Unsubsidized)
  • Parents Plus Loans
  • Artistic Academy Post Secondary Scholarship
  • Veterans and Military Service Members
  • Other Sources of Aid

Parents Plus Loans

Federal PLUS Loan Program

The Federal Direct PLUS Loan is a credit-based loan program for the parent or guardian of the undergraduate student. Parents of matriculated students may borrow up to the cost of education less any other financial aid received by the student. Repayment of the PLUS Loan begins 60 days after disbursement of the funds to Artistic Academy of Hair Design. Parents have up to 10 years to repay the loan.

To be eligible for a Federal Direct PLUS loan, the student must file the FAFSA and the parent (as well as the student) may not be in default on his/her federal student loans. Prequalification can be determined when a parent completes an application with our financial aid office. Credit decisions will expire after 180 days.

The Federal Direct PLUS Loan has a fixed interest rate of 7.08% for loans disbursed from July 1, 2019 and before July 1, 2020; borrowers are responsible for all interest on loans. There is a 4.264% origination fee for loans disbursed from October 1, 2017 and before October 1, 2018. For loans disbursed from October 1, 2018 and before October 1, 2019, the origination fee is 4.248%.

In the event a parent is denied a PLUS loan, they may elect to apply with an endorser or the student may receive additional unsubsidized loan proceeds.

Graduate SPOTLIGHT

Artistic Academy exceeds the expectations of its educators, administrators, and students on a daily basis. While standards are continually being met, Artistic Academy strives to continually set newer and higher standards to produce better cosmetologists, aestheticians and student teachers. What would an education be without the preparation for State Board? I know firsthand that I went into the examination room fully and completely prepared to take and pass my State Board written and practical…

Hannah Jinks, Artistic Academy Graduate 2012

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Our Latest Events

Artistic Design Day
Artistic Design Day

Using their artistic vision and skills, students work cooperatively to express their creativity with a predetermined theme.

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Shear Genius
Shear Genius

Impromptu competition...at Artistic Academy of Hair Design, it’s always a possibility!

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Constitution Day
Constitution Day

Students celebrate the 18th century by recreating era-appropriate hair styles and make up.

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Artistic Academy

Artistic Academy of Hair Design is a 14,655 square ft facility which provides a pleasant and spacious atmosphere conducive to the art of learning.

Contact Us

Route 10E, 301 Gibraltar Drive, Suite 1A,Morris Plains, NJ 07950
  • 973.656.1401
  • info@artisticacademy.com
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