Culinary School Financing
Federal Student Aid (Title IV Funding)
Only Available for Culinary Arts 2010 and 2011 Programs
to Those Who Qualify
To be considered for Federal Aid a student must complete the Free Application for Federal Student Aid (FAFSA). Culinary School of the Rockies federal code is 037763.
The following is a basic overview of different types of Federal Aid available. Detailed information on Federal Aid can be found at www.studentaid.edu.gov
Federal Pell Grant: You may be eligible for a Federal Pell Grant to cover a portion of tuition. This grant is awarded to students who display a financial need as determined by the U.S. Department of Education. Unlike loans, Pell Grants do not need to be repaid.
Stafford Loans
Direct Subsidized Loans: A subsidized loan is awarded on the basis of financial need. If you're eligible for a subsidized loan, the government will pay (subsidize) the interest on your loan while you're in school, for the first six months after you leave school, and if you qualify to have your payments deferred. Under the Direct Loan Program, the funds for your loan come directly from the federal government.
Direct Unsubsidized Loans: Unlike a subsidized loan, you are responsible for the interest from the time the unsubsidized loan is disbursed until it's paid in full. You can choose to pay the interest or allow it to accrue (accumulate) and be capitalized (that is, added to the principal amount of your loan). Capitalizing the interest will increase the amount you have to repay.
Parent PLUS Loans: The Federal PLUS Loan (Parent Loan for Dependent Students) is an affordable, low-interest loan designed for parents of dependent students only. With the PLUS Loan, parents can borrow their child's total cost of education minus other financial aid awarded to the student. This total cost can include tuition, books, food, housing, transportation, and more. The PLUS Loan offers the following great benefits:
- Covers 100% of education costs
- No income or asset requirements
- Pre-approval in minutes
- Low fixed interest rate
- Flexible repayment options
How to Apply For Financial Aid
Step 1
Complete the Free Application for Federal Student Aid (FAFSA). Culinary School of the Rockies federal code is 037763. When you have received a Student Aid Report (SAR) from the federal processing center, you'll know that your application has been processed and the review procedure can begin.
Step 2
After completing the FAFSA, students selected by the Federal Processing Center will have their financial aid file verified. Selected students and/or parents will be required to submit documentation to the Financial Aid Office to verify information supplied on the Free Application for Federal Student Aid (FAFSA). Such documentation includes, but is not limited to, Federal tax returns, W-2 forms, and the Institute Supplemental Form.
When there is a conflict in data between the FAFSA and the documentation, the student will be notified as to what is required to resolve the conflict. This might include providing additional documentation or statements. This documentation must be supplied within 60 days of the request. If verification is not complete by 60 days or the start of the term, it is possible that a student will not be awarded campus-based aid for that term. A student will know that verification is complete when his/her aid has been credited to his/her account. If an initial award changes due to verification, a new award letter will be sent when verification is complete.
Step 3
After you complete the FAFSA and submit any required documentation, the Culinary School of the Rockies will develop a financial aid package for you.
Step 4
You'll receive an award letter prior to the enrollment season for which you applied.
For more information please visit www.fafsa.ed.gov
For more information and help on student Aid please visit www.studentaid.edu.gov
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The James Beard Foundation Scholarship
You may apply for Friends of James Beard Scholarships. There are ten scholarships available for 2009. To be eligible for these awards, applicants must be high school seniors or graduates who plan to enroll or students who are already enrolled at least part-time in a course of study at a licensed or accredited culinary school.
For more details, click here.
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Other Financing Options to Those Who Qualify
- G.I. Bill: Benefits are available for military and military dependents. Visit www.gibill.va.gov for more information.
- Workforce Investment Act: Students can be eligible for funds allocated to assist dislocated workers. Visit www.coworkforce.com for more information.
- Workforce Center: Occupational Education Tuition Assistance. Visit www.adworks.org for more information.
Some Things to Consider
- Low Interest Rate Credit Card: This option is best for students who can afford to make three to five large payments to pay off the balance.
- Home Equity Loan: This option is best if you can obtain a low interest home equity loan. Some advantages include lower interest rates, longer loan terms and interest that is tax deductible.
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Loan Deferment
Culinary School of the Rockies will provide you with an OPE-ID# when applying to defer other educational loans. Please contact admissions@culinaryschoolrockies.com for details.
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Scholarship Resources
Culinary School of the Rockies
$10,000 Scholarship
for Culinary Arts Farm to Table Program
July 2010 – December 2010
Scholarship Application Question
Write a 500-word typed essay explaining:
- Your interest in the farm to table philosophy
- What "farm to table" means to you
- The advantages of using local produce and products in the hospitality business (restaurant, catering, specialty shop, etc.)
- How this scholarship will contribute to your culinary career
Rules, Conditions, and Application Procedures:
Application Timing
- Completed scholarship applications are due by June 11, 2010. No late applications will be considered.
- Scholarship winner will be notified directly by the school on or before June 18, 2010.
- Please email application to admissions@culinaryschoolrockies.com or mail to:
Admissions
Culinary School of the Rockies
637 South Broadway, Suite H
Boulder, CO 80305
Call Dorian Rabin, Director of Admissions, with any questions at 303.494.7988.
Application Procedures
- Anyone thinking of applying to the Culinary Arts Program beginning on July 05, 2010 may complete and submit the scholarship and program application simultaneously.
- A completed Culinary Arts Program July 2010 application must be included, or must have been previously received by the school. A completed application includes: Application (online or hard copy), Copy of most recent transcripts, Current Resume, two letters of reference, A copy of a valid driver's license, passport, or photo I.D. and application fee.
- Anyone who has a new application or who has already applied, is accepted or already enrolled may apply for the scholarship.
- Answer all scholarship application questions thoughtfully and thoroughly.
- The scholarship cannot be applied to any other program.
- Not available as cash. The scholarship will be a tuition reduction.
Basis for Selection
The CSR scholarship committee will evaluate all scholarship application answers. The committee will look for thoroughness, creativity, passion, proper grammar, punctuation, spelling and how this scholarship will help contribute to your career.
Additional Scholarship Resources
There are a great many scholarships available for culinary school students. We encourage you to apply. These grants are typically modest and should be viewed as a small part of your financing plan.
Here are possible sources of grants and scholarships for your research:
International Association of Culinary Professionals (IACP)
455 South Forth Street
Louisville, KY 40202
502.581.9786 phone
502.589.3602 fax
Colorado Restaurant Association's Education Fund
430 E. 7th Ave.
Denver, CO 80203
303.830.2972 phone
800.522.2973 phone
303.830.2973 fax
National Restaurant Association (NRA)
1200 17th St. NW
Washington, DC 20036-3907
202.331.5900 phone
202.331.2429 fax
American Culinary Federation (ACF)
180 Center Place Way
St. Augustine, FL 32085
800.624.9458 phone
904.825.4758 fax
American Dietetics Association (ADA)
120 South Riverside Plaza, Suite 2000
Chicago, IL 60606
800.877.1600 phone
The James Beard Foundation
167 West 12th St.
New York, NY 10011
212.675.2984 phone
212.645.1438 fax
American Institute of Wine & Food (AIWF)
213-37 39th Avenue, Box 216
Bayside, NY 11361
800.274.2493 phone
718.522.0204 fax
Colorado BPW Education Foundation
P.O. Box 1189
Boulder, CO 80306
303.443.2573 phone
720.564.0397 fax
Women's Foodservice Forum
South Point Office Center
1650 West 82nd Street, Suite 650
Bloomington, MN 55431
866.368.8008 phone
International Food Service Executives Association (IFSEA)
2609 Surfwood Drive
Las Vegas, NV 89128
702.430.9217 phone
702.430.9223 fax
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Additional Scholarship Links
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