Financial Aid

…Where there is a will, there is a way.

This is the philosophy at Southwest Institute of Healing Arts (SWIHA) when it comes to financing your tuition. There are options from Federal Student Aid programs to cash incentive concessions and work-exchange opportunities. We are dedicated to helping you turn your dream into a reality.

Begin your Application today:

Free Application for Federal Student Aid (FAFSA) The FAFSA application is utilized to determine your eligibility for the Federal Pell Grant/ SEOG Grant and the Direct Stafford Loan programs offered by the U.S. Department of Education.

SWIHA Work Exchange – Do Your Dream

Need-based financial assistance program that provides part-time projects for students to assist in funding any tuition gap. Work Exchange projects are available both on and off campus.

Tribal Aid

Scholarship and grant funds for Native American students. Awards vary by Tribe, and are secured by the student prior to enrollment. Contact your Tribal Educational Liaison.

Tax Incentives for Higher Education

The tax code provides a variety of tax incentives for families who are saving for, or already paying, higher education costs or are repaying student loans.

You may be able to claim a Hope and Lifetime Learning Credit for the qualified tuition and related expenses of the students in your family (i.e., you, yourspouse, or an eligible dependent) who are enrolled in eligible educational institutions. Different rules apply to each credit. If you claim a Hope Scholarship Credit for a particular student, none of that student's expenses for that year may be applied toward the Lifetime Learning Credit.

You may be able to claim a tuition deduction of up to $4,000 of qualified education expenses paid during the year for yourself, your spouse, or your dependent. You cannot claim this deduction if your filing status is married filing separately or if another person can claim an exemption for you as a dependent on his or her tax return. The qualified expenses must be for higher education.

You may be able to deduct interest you pay on a qualified student loan. And, if your student loan is canceled, you may not have to include any amount in income. The deduction is claimed as an adjustment to income so you do not need to itemize your deductions on Schedule A Form 1040.

Tuition

Online	Hours	Credits	Tuition	Fees	Estimated Books/Supplies
AOS Mind-Body Transformational Psychology-Online	953-1033	60.00	$15,600-17,400	$75	$2,185-2,597
Mind-Body Wellness Practitioner-Online	600	31.25-37.00	$9,000-9,360	$75	$477-561
Life Coaching-Online	100	5.00	$1,800	$75	$130
Hypnotherapy-Online	100	4.75	$1,500	$75	$141
Holistic Nutrition-Online	200	11.75	$3,000	$25	$274
Urban Farming - Online	100	5.00	$1,500	$75	$110
Urban Farming Educator- Online	200	10.50	$3,000	$75	$110

"Space available is defined as adequate physical space in the classroom and a student ratio
which does not require the addition of an assistant solely due to auditing students."

Financial Aid

…Where there is a will, there is a way.

This is the philosophy at Southwest Institute of Healing Arts (SWIHA) when it comes to financing your tuition. There are options from Federal Student Aid programs to cash incentive concessions and work-exchange opportunities. We are dedicated to helping you turn your dream into a reality.

Begin your Application today:

Free Application for Federal Student Aid (FAFSA) The FAFSA application is utilized to determine your eligibility for the Federal Pell Grant/ SEOG Grant and the Direct Stafford Loan programs offered by the U.S. Department of Education.

Apply here:

www.fafsa.ed.gov, specify the SWIHA School code — 035933.

You will want to have your most recent year Federal Tax ­­Return available to gather income information as required. After receiving confirmation and estimated eligibility from FAFSA, contact Admissions if you are ready to move forward with enrollment or the office of Financial Aid if you have more detailed questions about Financial Aid.

Grants

Gift aid which does not have to be repaid. These funds are need based, going to the neediest students.

*Federal Pell Grants          *FSEOG Grants

Direct Stafford Loans

You are not required to accept any loan. You may borrow less than the amount offered. Be sure to accept the total amount needed for the entire academic year (loans will be disbursed to the school to pay educational expenses first).

Types of Federal Loans

• Federal Direct Stafford Subsidized Loan
  Direct Subsidized Loans are awarded on the basis of financial need. No interest is charged while you are enrolled at least half-time, during your grace period or during deferment periods. Stafford Loans currently have a interest rate of 3.4%% for undergraduate students for all loans disbursed on or after July 1, 2011.
• Federal Direct Stafford Unsubsidized Loan
  Direct Unsubsidized Loans are not based on financial need. Interest is charged during all period, including while you are in school and during and deferment period. You may choose to make interest payments or allow the interest to accumulate while you are enrolled in school. Any unpaid interest will be capitalized. Stafford Unsubsidized Loans currently have a fixed interest rate of 6.8% for those loans disbursed on or after July 1, 2011.
• Federal Parent PLUS Loan
  Direct Plus loans are for parents of dependent students and for graduate/ professional degree students. Interest is charged during all periods. Plus Loans help pay for education expenses up to the cost of attendance minus all other financial assistance. The interest rate is fixed at 7.9% for those loans disbursed on or after July 1, 2011. The borrower (parent) is subject to a credit check. Parents are not required to accept the PLUS Loan offer, and may borrow less than the amount offered by the school.

Apply here:

www.studentloans.gov specify the SWIHA School

• Note: You will need to allow pop-ups on your computer to complete the loan process.
• Always use your legal name as it appears on your social security card for all documents
• All SWIHA/SWINA students are classified as first time borrowers for the Direct Loan program

What you must do to complete your application/ Master Promissory Note:

• Sign In using your FAFSA PIN at www.studentloans.gov
• Select Complete MPN (Master Promissory Note)
• Select the type of loan you are accepting (subsidized/ unsubsidized)
• Follow the applicable instructions
• Always print a copy of your MPN and save for your records

Net Price Calculator – 2011-2012 Estimated Cost of Attendance

Estimated Cost of Attendance lists the average expenses you are likely to incur during an academic year at SWIHA. The non-tuition figures were derived from the Bureau of Labor Statistics two different living situations.

	Dependent Student living with Parents	Independent Student
Tuition	$10,500	$10,500
Books/Supplies	$420	$420
Room & Board	$4,813	$9,625
Personal Expenses	$1,420	$2,834
Transportation	$2,448	$2,448
Total	$19,601	$25,827

*PLEASE NOTE:

• Tuition is subject to change at any time. This is an estimate based on averages.
• Some courses may have additional course fees or course related expenses. Refer to the current Schedule of Classes for details.
• Residents and Nonresidents are charged tuition at the same rate.

Southwest Institute of Healing Arts reserves the right to change the fees, policies, procedures, rules, regulations, requirements for graduation, course offerings and any other contents of this Web site at any time.

SWIHA Work Exchange – Do Your Dream

Need-based financial assistance program that provides part-time projects for students to assist in funding any tuition gap. Work Exchange projects are available both on and off campus.

Tribal Aid

Scholarship and grant funds for Native American students. Awards vary by Tribe, and are secured by the student prior to enrollment. Contact your Tribal Educational Liaison.

Special aid for Military Members

SWIHA is approved by Arizona Veterans’ Education & Training Approving Agency (VETAA) to offer Veteran Educational Benefits for a majority of educational programs.

New students are those who have not used VA benefits before at any institution of higher education. To apply for benefits please complete the appropriate. VA application and submit along with the required supporting documentation directly to VA using VONAPP at www.gibill.va.gov.

Students applying for veterans educational benefits should allow eight to ten weeks for processing before receiving benefits. The amount of benefits awarded is determined by the Department of Veterans Affairs and is based on the number of clock hours for which a student is enrolled.

Required Supporting Documentation Certificate of Eligibility (COE) letter from the VA stating eligibility and length of entitlement (Ch 33 and 35). This will be sent to you 4-8 weeks after you apply for your benefits using the VONAPP process. If you have not yet received your COE, you may substitute a DD-214 or other proof of benefits eligibility, but you will still need to submit a COE as soon as you receive it.

Dept. of Veterans Affairs Regional Processing Office- Muskogee, OK

Phone: 1-888-442-4551

Mailing Address:

VA Regional Processing Office
P.O. Box 8888
Muskogee, Ok 74402-8888

Additional sites:

Military Spouse Career Advancement Accounts Program (MyCAA)

GoArmyED

GoArmyED Non-LOI Schools

Tax Incentives for Higher Education

The tax code provides a variety of tax incentives for families who are saving for, or already paying, higher education costs or are repaying student loans.

You may be able to claim a Hope and Lifetime Learning Credit for the qualified tuition and related expenses of the students in your family (i.e., you, yourspouse, or an eligible dependent) who are enrolled in eligible educational institutions. Different rules apply to each credit. If you claim a Hope Scholarship Credit for a particular student, none of that student's expenses for that year may be applied toward the Lifetime Learning Credit.

You may be able to claim a tuition deduction of up to $4,000 of qualified education expenses paid during the year for yourself, your spouse, or your dependent. You cannot claim this deduction if your filing status is married filing separately or if another person can claim an exemption for you as a dependent on his or her tax return. The qualified expenses must be for higher education.

You may be able to deduct interest you pay on a qualified student loan. And, if your student loan is canceled, you may not have to include any amount in income. The deduction is claimed as an adjustment to income so you do not need to itemize your deductions on Schedule A Form 1040.

Resources to Help You Protect Your Credit

Federal Trade Commission
How to access your free credit reports
http://www.ftc.gov/bcp/edu/pubs/consumer/credit/cre34.shtm

Federal Reserve Bank of San Francisco
http://www.frbsf.org/publications/consumer/credit.html

Consumer Credit Counseling Services
https://www.cccsstl.org/creditchannel/protectYourCredit.asp

The BIG Three Credit agencies

Equifax

Experian

Trans Union

Exit Counseling

We recommend these exit counseling tools to all students who have borrowed loans and are now planning to graduate, leave school or drop below half-time.

Depending on your financial circumstances during repayment, you may want to consider different repayment options. Currently, there are four repayment options with the Income Based Repayment (IBR) being available effective July 1, 2009. Contact the Department of Education at http://www.dl.ed.gov to compare your repayment options.

Federal Direct Loan Exit Counseling

If you have a Federal Direct Stafford Subsidized, Unsubsidized loan, Graduate PLUS, you must complete the loan exit counseling session online at the US. Department of Education’s NSLDS website. The NSLDS website may require you to enter your SSN and/or Federal PIN. Please notify the Financial Aid Office when this is complete.

Loan Locator

If you don't know who services or holds your loans, use the free Loan Locator service of the Student Access Web site of the National Student Loan Data System.

We’re Here to Help!

Everyone's financial situation is different. SWIHA is flexible and creative in working with the student in determining federal aid eligibility, payment plans, and potential work-exchange opportunities. Our Financial Aid Advisors are committed to helping you create a plan that will work for you. Feel free to contact us today!