Learn It, Know It, Apply It!
Here at Health-Tech Institute of Memphis we understand financing an education is big concern for many people and families. We work personally with each student to find their best funding option.
HTIM participates in the following financial aid programs:
Title IV Federal Student Aid Programs
Federal Pell Grant Program
Federal Pell Grants are usually awarded to undergraduate students who display financial need. Unlike a loan, a Pell Grant does not have to be repaid, except under certain circumstances.
Federal Direct Loan Program
We offer three types of Direct Loans students can apply for to cover cost based on financial need.
Direct Subsidized Loans are loans made to eligible undergraduate students who demonstrate financial need.
Direct Unsubsidized Loans are loans made eligible to undergraduate, graduate and professional students not based on financial need.
Direct Parent Plus Loans are loans made eligible to parents of dependent undergraduate students to help pay for education expenses not covered by other financial aid. A credit check is required for eligibility.
To qualify for the Title IV Student Federal Aid Programs:
State Aid Programs
The Tennessee Student Assistance Award Program(TSAA) provides non-repayable financial assistance to financially-needy undergraduate students who are residents of Tennessee.
To qualify for the TSAA award:
It is strongly recommended that students complete the Free Application for Federal Student Aid (FAFSA) for eligibility consideration.
The Post 9/11 GI Bill is an education benefit program for individuals who served on active duty after September 10, 2001.
The Workforce Investment Network (WIOA) provides tuition assistance to individuals who have financial need.
The Mardis Competitive Scholarship Waiver is funded by Health-Tech Institute of Memphis and is tuition-only scholarship. Books, supplies, and fees are not covered by the scholarship and the amounts vary depending on student need and qualifications.
Scholarship and waiver funds are coordinated by the Department of Financial Aid to attract high-ability students, to add to the diversity of the student population, and to remove financial barriers to maintain access for all qualified students.
Students may receive this waiver at the discretion of the institution and in compliance with institutional authorizing bodies. Scholarships and waivers may be reduced or canceled if it is determined that the student is over-awarded or over budget. The Mardis Competitive Scholarship waiver is applied to the student's account ledger after all external funding (Pell Grant, TSAC, Direct Loans, tuition and fee waivers, fellowships and assistantships, VA educational benefits, employer tuition reimbursement, external scholarships, other grants, etc.) is applied to the student Financial Aid package and student still has a financial need for tuition.
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