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FINANCIAL ASSISTANCE
The Federal Pell Grant is a gift of aid from the Federal government to eligible students based on financial need. Need is determined on the basis of a formula developed by the United States Department of Education and reviewed by Congress annually. The college expressly provides student loans through the Federal Direct Loan Program as of July 2010. Federal Direct Loan Program makes available Federal Subsidized Direct Loans, Federal Unsubsidized Direct Loans and Federal PLUS (parental) Direct Loans. These Loans are available to eligible students enrolled on at least a half-time basis in an eligible participating institution. A student applying for Federal Financial Aid is required to provide supporting documentation for verification of information given to the Financial Aid Officer. Proper documentation can include tax returns and W-2 forms. A complete list of documents needed for verification can be obtained from the Financial Aid Officer. If a student supplies inaccurate information on any application and declines to correct this information after being advised by the Financial Aid Officer, the school is required to refer this case to the United States Department of Education for resolution. No financial aid will be disbursed to the student unless the school is requested to do so by this Federal agency. ESTIMATION OF FINANCIAL AID A tool is included right
here on-line allowing students applying for colleges to compare
costs at various campuses. These "Net Price Calculators" determine the sticker price, the
amount paid by a student not receiving any financial aid minus grants the student could
expect based on family finances and, in some cases, academic performance. It is not
a perfect tool. Colleges can vary in what they call the calculators - names include
financial aid estimator, student aid calculator and net price calculator. And that leads to
another inconsistency with the calculators: How much information they ask of users. There
will be a variety, some are elaborate asking more than 40 questions to pretty basic about 10
or less. At MTI Business College we have kept our "Net Price Calculator" simple, quick, and
easy at the basic level. Click Below
Do understand the numbers
on your formal financial aid offer could be vastly different if you put erroneous information
in the calculator. As long as students understand it's totally based on the accuracy of the
information. Do not let the results be your final determining factor of whether you enroll at
any college. Financial Aid Advisors at MTI Business College with over ten years experience are
just a phone call or appointment away at accurately filling out an Application for Federal
Student Aid (FAFSA). We are always here to answer all of your questions in order to make the
most informed and intelligent decision at how monies will be allocated paying for the program
you decide to enroll in.
STUDENT
LOAN DEFAULT PREVENTION Students
who attend school with the assistance of past Federal Family Education
Loans, before July 2010, or the new Federal Direct Loans must realize the seriousness of the repayment obligation.
These loans must be repaid. The College has established a service whereby the Student Loan Assistant
presents in a small group atmosphere an Entrance Orientation after starting
school and an Exit Orientation at the end of their program. This all assists current
students and graduates in the repayment process. Deferment or forbearance of
payments is possible under various conditions. Students and graduates should
consult the Student Loan Assistant for up-to-date information. The purpose of this
important staff person is to assist even those students no longer in the training
process either through graduating or leaving their program with outstanding
balances. JOB
PLACEMENT ASSISTANCE The school is informed of the current needs and demands of the job market
through continued contact with employers. The Placement Assistant posts weekly
job listings generated through local and regional newspapers, internet job listing
sites, and making phone contact with regional employers for job availabilities.
No guarantee of placement is made; however, the placement records illustrate
the effectiveness of our efforts and the efforts of our students. ADVISING It
is the desire of the school to have all students satisfactorily
complete their course of instruction. The Director of Training,
School Instructors and/or Directors are available to those students
experiencing academic or other problems to help them overcome
whatever difficulty is being experienced. Students are encouraged
to take advantage of this assistance.
A list of community organizations and facilities is available for students to
address and become familiar with in order to seek support for themselves or their
families for substance abuse dependency or family crisis. Our purpose is to
maintain stability and allow to the best of our ability the enhancement of the
learning environment for the successful completion of each enrollee. HOUSING The
school does not maintain housing for students nor does it make
specific recommendations regarding housing. However, housing
accommodations are available in the community. TRANSPORTATION Public
bus transportation is available with stops located close to
the College. It can also be possible to arrange for transportation
by another student if schedules are compatible. RESOURCE
CENTER
A branch of the city public library is available to the schools students for
library resources and for further research. The Margaret Klausner Troke Library
is within three blocks walking distance of the College. The library hours are from
10 a.m. to 9 p.m. Monday and Tuesday, 10 a.m. to 6 p.m. Wednesday, Thursday
and Friday and from 10 a.m. to 5 p.m. Saturday. These hours are convenient for
the student to use the library facilities before and/or after the school's classroom
hours. A librarian is available to offer assistance. SPECIALIZED
TRAINING
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Students
enrolling in school are informed that the College is eligible
for federal Title IV Federal financial assistance and they are
encouraged to apply for federal funds to determine if they are
eligible to receive this assistance. A full-time financial aid
office is maintained where all forms are available to apply
for the Federal Pell Grant and/or Federal Direct Loan Program.
MTI Business College's placement service is a vital part of our students' educational
program and is available to present and past graduates. The
Placement Assistant works with the students, familiarizing them with resume styles
the college has found so advantageous since 1970, employment forms, and the
preparation for job interviews. Each program offered through the college has
as a part of its curriculum a course titled, "Placement Orientation", instructed
by the Placement Assistant and condusive to achieving optimum knowledge
for job searching after graduating from MTI Business College. A requirement
of all graduates is a final draft of their resume approved and critiqued by the
Placement Assistant. These documents are kept permanently at the college in
order to access and update accordingly at any time in the future if a graduate
needs further placement assistance.
The school maintains a resource center containing a number of reference
books, magazines and other pertinent publications and media. Additional
informative materials pertinent to each program is kept in the main classroom for
that particular subject i.e. Medical, Computers, Typing, Communications, Math,
and Accounting. The computer lab allows access to the vast informational power
of the internet at any time of the day or night in order to reference additional
subject matter for external projects assigned by instructors. Monday, Tuesday,
and Thursdays from 8:00 am to 9:00 pm.; Wednesdays from 8:00 am to 7:00 pm;
Fridays from 8:00 am to 5:00 pm. Reference materials are maintained for use
on the school's premises.
MTI Business College offers individualized courses or programs to meet
the specific needs and requirements of employers or individuals. Day and
evening classes are available containing both theory and practical "hands on
training". We take extreme pride and determination at always being of service
since 1970 to our constituants; the students and employees of MTI Business
College of Stockton, Inc.