Financial Aid
Financial aid at MTTI is available (if you qualify) from a
variety of sources. Grants, Student Loans, Parent Loans and MTTIs own Tuition
Payment Plan.
Financial programs available include the following:
Pell Grants
Subsidized Federal Stafford Loan
Unsubsidized Federal Stafford Loan
Federal PLUS Loan
MTTI Tuition Payment Plan
Veterans Benefits
Alternative Loans
Rhode Island Higher Education Scholarship
(March 1st deadline)
WIA(Workforce Investment Act)/Job Training Partnership Act
Department of Human Services
Federal Supplemental Educational Opportunity Grants (FSEOG)
Request a Student Financial Handbook from the
MTTI Admissions Department for more detailed information.
Ø ELIGIBILITY/APPLICATION REQUIREMENTS
MTTI considers all financial aid sources (if you
qualify) when awarding aid to eligible applicants. For the purpose of this policy,
"Financial Aid" includes grants and loans of any form.
Applicants interested in any of the Financial Aid Programs
available at MTTI should contact either the Financial Aid or Admissions Office for
applications and further information. Financial Aid Awards are not automatic. Potential
students must file an application with the Financial Aid Office before the start of their
training at MTTI. In order to continue to be eligible for financial aid students must
maintain satisfactory progress. Satisfactory progress at MTTI is defined as a student
who maintains passing grades and has attained a minimum of 85% attendance. All students
receiving financial assistance have certain responsibilities. These responsibilities are
outlined when awarded financial aid. To assist the Financial Aid Officer at MTTI in
determining eligibility, the following information will be required:
Previous or current years U.S. Income Tax Return
(IRS Form 1040, 1040A or 1040EZ)
Records of untaxed income such as: Welfare, Social Security, AFDC, ADC or
Veterans Benefits
Current Bank Statements
Business Records
Records of Stocks, Bonds, Investments
Students Drivers License, Birth Certificate, Social Security
Card and Alien Registration Card
If under the age of 24, please also have your parents
provide the above information.
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