Financial Aid Programs


Federal, State, Local and Institutional Assistance Available

  • Beverly Hills Design Institute Scholarship Program
  • Federal PELL Grant
  • California State Grant
  • Federal Supplemental Educational Opportunity Grant
  • Federal Direct Subsidized loans
  • Federal Direct Unsubsidized loans
  • Federal Parent PLUS loan
  • Federal Work Study

The Beverly Hills Design Institute Scholarship is a conditional scholarship that may only be awarded once per student.

Applicants are required to present, in person or through video, a collection with three (3) groups of seven (7) pieces each including swatches. You must send your collection by email or DVD to your admissions representative. Please do not send the original.

Successful recipients display strong professionalism in presentation, career focused vision, either a High school or Higher Education transcript with a Cumulative GPA of at least 3.0., or at least two recommendations from either High School or Higher Education institution in addition to the professional judgment of the Scholarship Committee.

BHDI scholarships awards are conditional scholarships. The amount awarded is divided by the number of years of study and disbursed at the end of each academic year under the condition of maintaining a cumulative GPA of 3.0. BHDI does not award more than one scholarship per student.

Application deadline is no later than 4 weeks prior the start of the enrollment. You will receive an interview date with the Scholarship Committee from your admissions representative.

 

ProgramScholarship
Certificate$1,000
A.A.$2,000
A.A. Double Major$2,500
B.A./B.S.$3,000
B.A./B.S. Double Major$4,000

 

The Beverly Hills Design Institute Need Based Scholarship is a conditional scholarship based on needs for students experiencing severe economic hardship. Students experiencing severe economic hardship may appeal at any time to the Scholarship Committee to request the BHDI need based scholarship by contacting the Financial Aid Office.

Academic performance, evidence of severe economic hardship based on unforeseen circumstance, consistency and accountability as well as need are considered in the award and disbursement decision.

A maximum amount of $4,000.00 could be awarded per student.

Only one (1) award will be permitted to each qualifying candidate per lifetime.

The decision of the Scholarship Committee will be final.

The amount awarded is divided by the number of years of study and disbursed at the end of each academic year under the condition of maintaining a cumulative GPA of 3.0.

The Federal Pell Grant program is considered a need based program with a maximum award amount of $5550 per Pell award year. Eligibility is determined by EFC (Estimated Family Contribution), Cost of Attendance, whether a student is enrolled in a full-time or part-time program and whether a student will attend a full academic year or less.  A student may only receive one Pell grant per Pell fiscal year (July-June) and may not receive Pell from more than one school at a time. Students who have already earned their first Bachelor’s degree are not eligible to receive Pell. Graduate students are not eligible to receive Pell. Federal Pell funds do not have to be repaid unless, for example, the student is awarded incorrectly.

BHDI participates in the California State Grant program which is also considered a need based grant. This money does not need to be repaid and may be awarded to those who are a graduating high school senior or recent graduate, meet academic, financial and eligibility requirements and submit two forms by the Cal Grand Deadline. Submit the FAFSA between January 1 and September 2 and submit a GPS Verification form found at:

www.csac.ca.gov (September 2nd Cal Grant GPS Verification Form).

Federal Supplemental Equal Opportunity Grant (FSEOG) is a need based program that awards students with exceptional financial need. A students’ demonstrated financial need as well as the amount of other aid a student may receive and the availability of funds at the institution determines the amount of FSEOG awarded. Students who have previously received a degree are not eligible to receive FSEOG. FSEOG does not have to be repaid unless, for example, the student is awarded incorrectly.

Federal Direct Subsidized loans are awarded to students who demonstrate financial need and this type of loan amount may not exceed financial need. Loan limits depend on the grade level the student is in according to credits earned. Loan disbursements are released once enrollment and satisfactory academic progress is verified. Origination and guarantee fees are deducted from each disbursement then disbursed to the school via EFT. The interest on direct subsidized loans is paid by the USDOE when a student is in school at least half-time, and during grace or deferment periods. Repayment for direct subsidized loans generally starts six months after the last date of attendance or if a student is taking less than half-time.

To receive a Federal Direct Unsubsidized loan one does not need to demonstrate financial need as family income does not affect eligibility for this type of loan. Loan disbursements are released once enrollment and satisfactory academic progress is verified. Origination and guarantee fees are deducted from each disbursement then disbursed to the school via EFT. The interest on direct unsubsidized loans is not paid by the USDOE and incurs interest while a student is in school. Repayment for direct subsidized loans generally starts six months after the last date of attendance or if a student is taking less than half-time, however, the student is responsible for the interest from the time the loan is disbursed until the loan is paid in full.

Direct PLUS loans are loans for parents of dependent students and for graduate or professional degree students. Direct PLUS loans enable parents to borrow the cost of education minus any other aid awarded to the student. You must be the biological or adoptive parent (or, in some cases, the stepparent) of the student for whom you are borrowing. PLUS loans are limited to parents with favorable credit history (a credit check will be done). Also, you and your child must be U.S. citizens or eligible noncitizens, must not be in default on any federal education loans or owe an overpayment on federal education grants, and must meet other general eligibility requirements for the Federal Student Aid programs.

Federal Work Study is a program that provides job opportunities for qualifying students who earn funds for their educational expenses. Eligible students are paid by the hour and salary wages are generally based off the current minimum wage set by the federal government. There are a limited number of jobs available and the hours a student may work is based upon financial need, the number of hours, and funds available at the institution. For more information please contact your Financial Aid Office.