Financial aid is available to the students enrolled in the 15-Month Career Acting Program and the 15-month Musical Theatre Program.

It is the philosophy of KD Studio that responsibility of meeting his/her financial obligations to the school lies with the student. However, full-time students in good standing may be eligible for federally insured loans and educational grants. Through the Financial Aid Office, students may apply for participation in one or more of the following programs:

Pell Grants

Students may be awarded a Pell Grant based on their financial need as determined by the U. S. Department of Education. The amount of the grant is determined on the basis of information submitted in the Application for Federal Student Financial Aid. Qualifying students may be awarded a full or partial grant. Unlike student loans, a Pell Grant does not have to be repaid.

Stafford Loans

There are two types of Stafford Student Loans which students can apply for: Subsidized and Unsubsidized, both of which must be repaid.

Payments on the principal amount borrowed and interest on Subsidized Stafford Loans begin six (6) months after the student leaves school. If the student completes the course of study, payments begin six months after graduation. If the student fails to complete school, payments begin six months after the last day of attendance.

Payments on Unsubsidized Stafford Loans begin within thirty days (30) days after leaving school. Interest on Unsubsidized Loans begins accumulating at the time the second check is disbursed.

Parent (PLUS) Loans

Unlike the Stafford Loans which are taken out by the student, the Parent PLUS Loan is available to parents to assist with funding their dependent s education. Interest begins accumulating at the time the first check is disbursed and repayment of the Parent PLUS Loan must begin within thirty days after the second check is issued. The PLUS loan offers parents an alternative funding source for their dependent's education as payments on this loan cannot be deferred until the student is no longer in school.

Detailed information on the financial aid programs and assistance in completing the application can be obtained through the Financial Aid Office.

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For more information call our Office toll free:
1-877-278-2283
or drop us a note.