My mom and I are wanting to open a cosmetology school but are being told it takes 18 mos to become accredited. Until accredited we will not be accepted by Dept of Education to offer grants and loans. What do people do during that 18 mos? Most people cannot self pay.
2006-08-13 09:36:00 · 3 answers · asked by misti w 1 in Business & Finance ➔ Careers & Employment
You could have students sign a contract to pay the costs over a longer time than the course. That way you're essentially making the student loans - might be hard to collect, plus you don't get the tuition until later, so maybe not a good option.
2006-08-13 09:42:56 · answer #1 · answered by Judy 7 · 0⤊ 0⤋
nicely, if the Cosmetology guidelines are something like rub down treatment, then they are not allowed to get assistance at the same time as going to school. in the adventure that they are required to get qualified, then they could't make money at the same time as doing it, no matter if or not they're doing a reliable job and also you really favor to tip them. If anybody unearths out about that tip, that could keep them from getting qualified. If uncertain, ask the faculty instructor if that's alright to provide scholars assistance or no longer.
2016-11-24 23:20:45 · answer #2 · answered by ? 4 · 0⤊ 0⤋
I don't understand why a person would want a degree, of whatever kind - trade, or otherwise - from a school that is not yet accredited in its field.
Until then, you have no financial aid options, other than directing them to a bank to get a personal loan.
2006-08-13 10:32:38 · answer #3 · answered by Anonymous · 0⤊ 0⤋