Federal & State Programs

Financial aid may be available to you.

FIDM is an approved college for students to use CAL GRANTS A, B & C.

Federal Pell Grants
Money received from this program is a grant and does not have to be repaid. Aid is disbursed quarterly. This program is designed to provide financial assistance for students determined by the federal government guidelines to be eligible for financial aid. FIDM receives an Institutional Student Information Record (ISIR) which is used to determine a student's eligibility.
Federal Supplemental Education Opportunity Grant (SEOG)
This grant is available to students who demonstrate extreme financial need and is used to augment aid from other assistance programs. Funding received from this program does not need to be repaid. Aid is distributed quarterly.
Federal Perkins Loans
This is a federal loan for students who demonstrate extreme financial need and is used to augment aid from other programs. Repayment begins nine months after the student leaves college.
Federal Subsidized Stafford Loan
This is a federal loan based on financial need and borrowed from the government. The federal government pays interest on the loan while the student is enrolled at least halftime and during the grace period. Repayment of the loan begins six months after the student leaves college or drops below half-time attendance. Loan maximums between the subsidized and unsubsidized Stafford loans cannot exceed the published annual loan limits.
Federal Unsubsidized Stafford Loans
This loan is not based on financial need and the same process as the Subsidized Stafford loan determines eligibility. The terms of the loan are similar to the Subsidized Stafford loan; however, the student is responsible for the interest during in-school and deferment periods. Loan maximums between the subsidized and unsubsidized Stafford loans cannot exceed the published annual loan limits.
Federal PLUS Loan
This program assists parents with good credit histories in borrowing for their dependent student's educational expenses. A creditworthy co-borrower may cosign the PLUS loan with the parent.
Federal Work-Study Program (FWSP)
Aid received from this program consists of wages paid for work. Earnings are not applied to the student's account at FIDM. Students interested in participating in this program must contact FIDM's Financial Services Office.
Veterans Educational Benefits
FIDM is approved to participate in a number of programs administered by the Department of Veterans Affairs. Information regarding eligibility for the veterans educational programs may be obtained by calling the toll-free number 1-888-GI-BILL-1 (1-888-442- 4551) to speak with a Veterans Benefits Counselor or by visiting the website at: http://www.gibill.va.gov.
Cal Grant A
This grant provides tuition & fee assistance to low- and middle-income students. Eligibility is based on financial need and academic qualifications. The annual deadline to apply for Cal Grants is March 2.
Cal Grant B
This grant provides assistance for access and tuition & fees to disadvantaged and low-income students. Eligibility is based on financial need and academic qualifications. The annual deadline to apply for Cal Grants is March 2.
Cal Grant C
This grant provides assistance with tuition & fees and books & supplies to career-oriented low-and middle-income students. Eligibility is based on financial need. The annual deadline to apply for Cal Grants is March 2.