Financing & Financial Aid
Lytle's Redwood Empire Beauty College understands that your education is a significant investment. We offer Financial Aid packages that can include a combination of grants and student loans (for those who qualify).
Lytle's Redwood Empire Beauty College offers interest free financing.
This allows students to make monthly tuition payments over the course of training, to be paid in full by graduation. Payments can be made by check or credit card.
Lytle's REBC offers both Grants and Stafford Student Loans (Title IV Financial Aid Programs), to assist you in achieving your career education goals. Financial Aid acquired will assist with costs associated with your education including tuition and supplies
Financial Aid Available to Students who Qualify
Grants & Loans
To begin the process of applying for grants and loans, students must first complete the Free Application for Federal Student Aid (FAFSA). This document is the primary resource for establishing eligibility for need based aid at this college.
Grants are money that does not have to be repaid. Student loans are borrowed money that will be repaid by the applicant.
There are two ways to process a FAFSA:
1. Complete the FAFSA on the Web, the online application.
OR
2. Complete the paper FAFSA and mail it in the envelope attached to the application.
(Call the Financial Aid Office to request a paper FAFSA.)
NOTE: Be sure to include our school code on the FAFSA 013807
Once the FAFSA is complete the Financial Aid Advisor will work with you to create a financial aid package.
Federal Pell Grant
The Federal Pell Grant Program provides need-based grants to undergraduate students to promote access to postsecondary education.
Federal Supplemental Educational Opportunity Grant (FSEOG)
The FSEOG grant is available to assist PELL eligible students.
Below are minimum to maximum
grant amounts for qualifying students.
| 2008-09 Grant Availability | ||
| Course | PELL | FSEOG |
| Cosmetology | $400-$4730 | $100-$250 |
| 2nd year Cosmetology | $400-$2365 | $100-$250 |
| Esthetician | $400-$3154 | $100-$250 |
Stafford Student Loans
SUBSIDIZED & UNSUBSIDIZED STUDENT LOANS:
There are two kinds of Federal Student Loans.
Stafford Subsidized Loans are preferred because the interest is paid (subsidized), by the federal government while you are enrolled in college
Stafford Unsubsidized Loans the interest is not subsidized; you must either pay the interest monthly or you may elect to have it added to your loan principal ("capitalized").
Below are maximum limits for fully eligible students.
|
2008-09 Maximum Loan Limits Student Loans will have Origination Fees deducted from the amounts listed below, not to exceed 3%. |
||
| Course | Dependent | Independent |
| Cosmetology | Subsidized loan $3500 Unsubsidized $2000 |
Subsidized loan $3500 Unsubsidized loan $6000 |
| 2nd year Cosmetology | Subsidized loan $3500 | Subsidized loan $3500 Unsubsidized loan $3111 |
| Esthetician | Subsidized loan $2333 Unsubsidized $1333 |
Subsidized loan $2333 Unsubsidized loan $3999 |
| Parent Plus Loan for either program |
Up to the cost of attendance, minus any scheduled aid | N/A |
Dependent and Independent status is determined by completing the FAFSA.
The above listed aid shows maximum/minimum limits, and is not secured until completion of the FAFSA and Registration Appointment.

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