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FAA Career Training

Grants, Scholarships and Loans: Which Option Works for You

Posted by on Mar 6, 2018

By Esperanza Poquiz and Jul DeGeus

Going back to school to start a career in the field of aviation can be costly. Looking into your options before starting could help ease the financial stress that comes with furthering your education. Below you can get a general idea of some of the options that are available to you:

Scholarships: 

What is it?

A scholarship is sum of money that is awarded through academic and extracurricular achievements.

Things to know:

  • Things like winning an essay contest or getting a certain grade point average (GPA) are some of the ways that you can earn a scholarship.
  • Scholarships are non-repayable.
  • Earning a scholarship can require commitments like upholding a certain GPA or joining internships/externships.
  • Applying for a scholarship can be competitive, so be unique and stand out from the rest of the applicants when submitting your application.

Grants:

What is it?

Grants are need-based aids. This means that grants are only gifted to those who need assistance due to circumstances, like low-income.

Things to know:

  • You cannot “win” a grant.
  • Your Free Application for Federal Student Aid results determine the amount of money you can receive.
  • Grants, like scholarships, are non-repayable.
  • Grants tend to have less overall funding than other financial aid options.
  • Due to the high demand of grant requests, funds do not last long. A way to provide a higher chance at receiving a grant is by filing for FASFA as soon as possible.

Loans:

What is it?

A student loan is an amount of money advanced to students to help pay for education expenses.

Things to know:

  • Loans are the more popular choice for financial aid.
  • Unlike scholarships and grants, loans have to be payed back, usually with interest.
  • Some different types of loans include federal, state and private.
  • Make sure you fully understand the terms and conditions. If you are unsure about something in your plan or have questions, you can always ask your loan provider.

Keep these options in mind when you’re thinking about jump starting your future career. To learn more about our programs offered here at Aviation Institute of Maintenance, click here.

AIM Houston Student is EAA SportAir 2014 Scholarship Winner

Posted by on Feb 24, 2015

AMH-TranStudents from AIM Houston (AMH) recently had the opportunity to compete for this year’s Experimental Aircraft Association (EAA) SportAir scholarship, a $500 award that can be used for any purpose related to their education.  We would like to extend our congratulations to this year’s winner, Phat Tran, for his short essay addressing the topic of, “Challenges of Unmanned Aerial Vehicles.”

Although multiple students entered the competition, Tran’s essay was selected for its superior content and presentation.

EAA is a growing and diverse organization of members with a wide range of aviation interests and backgrounds. EAA was founded in 1953 by a group of individuals in Milwaukee, Wisconsin, who were interested in building their own airplanes. Through the decades, the organization expanded its mission to include antiques, classics, warbirds, aerobatic aircraft, ultra-light sport aircraft, helicopters and contemporary manufactured aircraft.

Aviation Institute of Maintenance offers Scholarships through Imagine America

Posted by on Jun 13, 2014

Aviation Institute of Maintenance offers Scholarships through Imagine America

Aviation Institute of Maintenance offers Scholarships through Imagine America | AIM

Learning aviation maintenance does not have to make a career dream a financial nightmare. The financing department helps student navigate the complex maze of federal financial aid, grants, and scholarships. One scholarship resource available to potential students considering the Aviation Institute of Maintenance includes The Imagine America Foundation.

The Imagine America Foundation started in 1982 and provides scholarships, financial aid guidance, research, and faculty training for career colleges. It offers scholarship programs available to recent high school graduates, adult learners looking for a new career, and military personnel. The options in this program can help you finance your aviation maintenance training.

Imagine America Foundation Scholarship Programs

Over 1,000 career colleges, including Aviation Institute of Maintenance, participate with Imagine America. While it provides many services to the career college community, it is best-known for scholarship programs. Covering a wide range of age groups and backgrounds, it offers the following programs:


Click here to read more…Aviation Institute of Maintenance offers Scholarships through Imagine America