Grants & Loans
Federal & State Programs
FIDM is an approved college for students to use CAL GRANTS A, B & C.
Money received from this program is a grant and does not have to be repaid. If you already have a Bachelor’s degree, you are automatically not eligible for any grants. 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.
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.
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. Graduate students are not eligible for subsidized Stafford loans. There is also a limit on subsidized loans for undergraduate students that is equal 150% of the time required to complete your program (i.e. if your program should be completed in 2 years, you have 3 years of subsidized eligibility).
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.
This program assists parents with good credit histories (and grad students with good credit histories) in borrowing for their dependent student's educational expenses (or for the grad student’s educational expenses). A creditworthy co-borrower may cosign the PLUS loan with the parent. Learn more
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 Career Placement Office.
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.
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.
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.
This grant provides assistance with tuition & fees and books & supplies to career-oriented low-and middle-income students. If you are pursuing a Bachelor’s, Advanced Study, or Master’s degree, you will not be eligible for the Cal Grant C. Eligibility is based on financial need. The annual deadline to apply for Cal Grants is March 2.