Financial Aid FAQ

Q: Who does ICDC College offer Financial Aid to?

A: Federal Financial Aid is available to qualified students only. To see if you qualify for Financial Aid speak to an ICDC College Financial Aid representative.

Q: What is the ICDC College FAFSA School code?

A: FAFSA school code: 033953

Q: What Financial Aid Programs does ICDC College participate in?

A: Pell Grants:

To be eligible for the Federal Pell Grant Program a student’s financial need must be determined by a standard formula that is revised and approved every year by the federal government.

A: Direct Subsidized Loans:

Federal Direct Subsidized Loans are available to students with financial need. Students may receive up to $3,500 for their first academic year, and $4,500 for their second academic year, at a current fixed interest rate of 6.8%. All interest is paid by the federal government while students are in school and for six months after. Payments begin six months after the student ceases enrollment or fail to carry at least one-half the normal full-time school workload. For more information speak to an ICDC College Financial Aid representative.

A: Direct Unsubsidized Loans:

Federal Direct Unsubsidized Loan programs are available for students to borrow for additional education costs. Students can borrow up to $9,500 for their first academic year as a combined total with the Federal Direct Subsidized loan, and up to $10,500 for their second academic year, at a current fixed interest rate of 6.8% (established annually by the U.S. Department of Education). Interest payments begin immediately after the loan is disbursed or may be capitalized and added to the principal balance. Regular payments begin six months after student ceases enrollment or fail to carry at least one-half the normal full-time school workload. For more information speak to an ICDC College Financial Aid representative.

A: Direct PLUS Loans:

Federal Direct Parent Loan for Undergraduate Students (PLUS) provides additional funds for credit-worthy parents to help pay for student educational expenses. The interest rates are currently fixed at 7.9% (established annually by the US Department of Education) and repayment begins after the first disbursement. For more information speak to an ICDC College Financial Aid representative.

A: Grants:

Federal Supplemental Educational Opportunity Grants are available to a limited number of students with greater financial need. Grants are based on available funds and are not required to be repaid as other forms of loans. Eligibility is determined by the financial resources of the student and parents along with the cost of attending school. Applications may be obtained from ICDC College’s Financial Aid Office.

A: Veterans Educational Benefits:

There are numerous educational benefits available for eligible veterans at ICDC College. The Montgomery GI Bill, Post 9-11 G.I. Bill, Yellow Ribbon Program, and other special benefits are all accepted by ICDC College for qualifying military personnel. Please see our Veteran and Military Affairs Website for more information*.

A: State and Private Assistance:

ICDC College applicants may also qualify for tuition and other financial assistance through various public and private training or re-training agencies. These agencies include:

  • California Department of Rehabilitation
  • Private Rehabilitation Agencies and Insurance Companies
  • The GAIN program
  • The State Employment Development Department (EDD) Unemployment*
  • Tuition Benefits
  • Trade Readjustment Act

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*GI Bill® is a registered trademark of the U.S. Department of Veterans Affairs and is not endorsed, sponsored by or otherwise affiliated with ICDC College.