Financial Aid

We do everything in our power to make your education affordable.

At Laurel , we do everything in our power to make your education affordable. In fact, our Financial Aid experts actively search for grants, scholarships, and different programs within the community to find money for our students. We also have a net price calculator, a useful tool designed to help you determine the approximate cost of attending Laurel. Keep in mind that net costs can vary significantly, depending on the amount of money you borrow and other factors.

Price Calculators

LBI Net Price Calculator
LTI Hermitage Net Price Calculator
Explore some Financial Aid resources here!

FAFSA Application School Codes

Laurel Business Institute, Uniontown (PA): 017118

Laurel College of Technology, Morgantown (WV): 017118

Laurel Institute of Technology, Fort Mill (SC): 017118

Laurel Technical Institute, Hermitage (PA): 014254

PA Fostering Independence Tuition Waiver (FosterEd) Program

The FosterEd Program provides a waiver for tuition and mandatory fees charged by most postsecondary institutions located in the Commonwealth for youth who are or were in foster care.

This waiver applies only to charges that remain after all other gift aid (federal, state, and other scholarships or grants) have been applied to the student’s account.

This additional aid is offered through PHEAA. (Applying student must be a PA resident)

More information including eligibility criteria

Meritize

Laurel has teamed up with the Meritize platform* to offer our student’s a unique financing option. Meritize works with students, educators, and employers to help people excel in skills-based careers.

Meritize knows you are more than your credit score, and that is why they look at your past achievements to potentially enhance your loan options.

Meritize logo

A few reasons why the Meritize Platform is a great option for students include:

  •  Fixed and variable interest rates available** Flexible payment options, including deferring full principal and interest payments until 3 months after you complete your training
  • Customer support available 6 days a week
  • 0.25% interest rate deduction if you sign up for autopay***

Checking your loan options with Meritize has never been easier. You can fill out a short application to check your loan options without impacting your credit score.

If loan options are available to you, Meritize will request your merit information to finalize your application.

This could be in the form of:

  • Academic Experience (Official or unofficial transcript or HSE certification)
  • Military Experience (DD214)

Want to learn more? Check out their FAQ page here: https://www.meritize.com/students/faq/ or give them a call at 833-MERIT-4-U.

Ready to see if you qualify? Check your options here: https://apply.meritize.com/

Laurel does not endorse a particular lender, nor is it affiliated with Meritize Financial, Inc. (“Meritize”) or the Meritize platform.

Meritize Lending, LLC, NMLS ID 1661035 (NMLS Consumer Access https://www.nmlsconsumeraccess.org/)
Meritize Financial, Inc. NMLS ID 1986399 (NMLS Consumer Access https://www.nmlsconsumeraccess.org/)
Terms and Conditions apply. Meritize branded loan products are educational loans issued by Meritize Lending, LLC**. Meritize reserves the right to modify or discontinue products and benefits at any time without notice. To qualify, a borrower must be a U.S. citizen, permanent resident or hold an Employment Authorization Document and meet Meritize’s underwriting requirements. If approved for a loan the actual loan amount, term, payment, and APR amount of loan that a customer qualifies for may vary based on credit determination, state law and other factors. Meritize does not warrant or guarantee any claims made herein, including, but not limited to, gaining admission to a program, concerning the quality or financial strength of any educational institution, securing funding or obtaining employment. Our final loan offer may differ as a result of the school chosen and the associated cost of tuition. Not all schools are eligible for funding. Meritize does not offer educational loans in the following states: IN, ME, ND, NV, SD, VT, WI, WV, WY, PR. All rights reserved.
**For residents of SC, loan is made by Meritize Financial, Inc.
*Variable rates are subject to change.

For more information on Meritize please speak with our Financial Aid team.
*WV Student are not currently eligible for Meritize loans.

What is a merit score?
Expanding Access to Education
Meritize Benefits
Early Engagement Program

Grants

Please utilize the expanding table below to find important information Grants available to you:

A grant is defined as financial aid in the form of a gift that is not repaid.

Federal Pell Grant

The Pell Grant Program is administered by the United States Department of Education for qualified students who wish to enroll at post-secondary educational institutions. Students receiving Pell grants must progress academically. Full-time and half-time undergraduate students with financial need (limited to US citizens and permanent residents) are eligible to apply for a Federal Pell Grant. Applicants need to complete the Free Application for Federal Student Aid (FAFSA) form and mail it or apply on-line at the FAFSA web site. Applications must be made after July 1st of the current year and no later than June 30th of the following year, and applications must be made each year. Awards vary yearly depending on financial need and federal funds available.

State Grants

The Commonwealth of Pennsylvania has money available to help residents finance college educations. To receive a state grant, students must enroll in an approved program with at least 6 credit hours a semester. Only two-year programs are eligible for state grants and applicants must be a PA resident.

Federal Supplemental Education Opportunity Grants (SEOG)

Full-time and half-time students with financial need may apply to the Financial Aid Office at LBI for consideration of SEOG. Awards range from $1,000 to $4,000 per year depending on the applicant’s need, and students must apply each academic year. Applicants must also be citizens of the United States or permanent residents and must submit a state grant award letter and Pell Grant student aid report at the time of application for SEOG.

Veteran's Benefits

A variety of GI Bills are available for many different educational programs and schools. For more information, contact our Financial Aid Office, your benefits administrator, or visit the VA’s web site.

Loans

Please utilize the expanding table below to find important information Loans available to you:

A loan is defined as money borrowed that must be repaid.

Federal Direct Stafford Loans

Students who demonstrate a need may receive loans through the cooperation of the federal government, student must be in an approved program and have at least 6 credits hours a semester.

Federal Direct Parent Loans for Undergraduate students (PLUS)

Parents of full-time and half-time students who are US citizens or permanent residents may apply to borrow the educational cost they’re incurring less other financial awards. Repayment of PLUS loans begins 60 days after receipt of the loan.

Gift Aid

Please utilize the expanding table below to find important information on other forms of gift aid available to you:

Gift Aid: A financial aid that does not required repayment.

WV: Division Rehabilitation Services

The vocational rehabilitation program helps eligible individuals improve their ability to succeed in employment. DRS has specially trained rehabilitation counselors who assist clients with evaluating their skills and interests to obtain vocational success. Rehabilitation counselors work one-on-one with clients to develop a plan for employment that is based on their interests, needs and abilities. Contact your Clarksburg office for more information: 304-624-6044

WV: Region IV Workforce, WIOA

Our WV campus has been approved for Attendance/Supportive Service Payments for any WIOA approved recipient with a WV residence. Please see your financial aid advisor for more information!

Trade Readjustment Allowance

Trade Readjustment Allowances are income support payments to individuals who have exhausted Unemployment Compensation and whose jobs were affected by foreign imports as determined by a certification of group coverage issued by the Department of Labor

PA: Office of Vocation Rehabilitation

The vocational rehabilitation program helps eligible individuals improve their ability to succeed in employment. DRS has specially trained rehabilitation counselors who assist clients with evaluating their skills and interests to obtain vocational success. Rehabilitation counselors work one-on-one with clients to develop a plan for employment that is based on their interests, needs and abilities. Contact your local OVR Office for more information!

PA: Career Link

Launched in July, 2012, PA CareerLink is part of the Pennsylvania Department of Labor & Industry’s initiative to transform the landscape of how job-seekers find family sustaining jobs and how employers find the skilled candidates that they need.

United Miner Workers of America

Current members of the UMWA, in good standing, their dependents and grandchildren are eligible to apply for the Lorin E. Kerr scholarship through the UMWA. The UMWA will award two scholarships for the 2021-2022 academic year, each for $2,500. Each will be paid in equal installments at the beginning of each semester – September 2021 and January 2022 – as long as the winners have been accepted to a degree program at a qualified institution.

OH: Workforce Inventory of Education and Training

Workforce Inventory of Education and Training (WIET) is the system that is used to maintain the status of Ohio’s eligible training providers. Laurel Technical Institute is an approved training provider
Student Lending Code of Conduct
FASFA Website

Edly

Uniontown
Hermitage
Fort Mill
Morgantown

Edly Contact Information

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