Money should never be a barrier to obtaining higher education. At Palmer College, we’re committed to your success and strive to make the financial aid process simple to understand. By knowing what college financial aid options are available, you will take strides in minimizing your debt, creating a realistic budget and having a firm financial plan upon graduation.
Financial FIT Program
At Palmer, we believe that financial wellness is about more than navigating student loans and scholarships. It’s about knowing how to manage your finances now and in the future. For this reason, we encourage all our students to participate in the FinFIT program. This program works closely with the financial aid department and the Palmer Center for Business Development to help you effectively manage your resources from the moment you step foot in a classroom.
When you enroll in the FinFIT program, you’ll attend personal financial counseling sessions, interactive seminars and workshops that help you identify and achieve your financial goals each school year. The knowledge and skills you gain will help you be financially savvy in your professional career and personal life. Best of all, FinFIT is available to Palmer students free of charge. When you attend the various activities in the program as a full-time chiropractic school student, you’ll earn points toward the Financially FIT Scholarship Drawing. The awards include scholarships that range between $1,000 to one-half of a term’s (quarter or trimester) standard tuition.
Scholarships are a great way to reduce your student loans. To offset the cost of tuition, Palmer College of Chiropractic offers Recruitment Scholarships to incoming students. You may also apply for endowments or gift scholarships via Palmer’s AwardSpring online portal.
In addition to the scholarships offered through Palmer, it‘s a good idea to look into scholarships offered by other organizations. You can find a list of “outside” scholarships that the financial aid department maintains here.
Don’t hesitate to search for scholarships and grants on your own. Websites like Niche and CollegeScholarships.org offer a list of awards for those who want to attend chiropractic school. In addition, look into scholarships that local clubs and organizations offer, such as rotary and Kiwanis groups. Many large companies, corporations and foundations also sponsor scholarship programs. You can find a list of company-sponsored scholarships on Unigo and CollegeScholarship.org.
If you work full-time for a larger company and plan to work while you’re in school, ask the human resources department about scholarship opportunities that may be available as part of your benefits package. Additionally, if you are a veteran, contact your VA office to learn about the educational benefits available.
Financial Aid and Grants
When you apply for financial aid as an undergraduate student, you will fill out a Free Application for Federal Student Aid (FAFSA). In addition to learning if you qualify for financial aid, the results of the application will also tell you if you qualify for federal loans and grants. Grants are like scholarships in that you do not have to repay the money awarded.
Student Employment Program
Depending on your financial need, you may be eligible for Palmer’s student employment, or work-study, program. In this program, you work on or off campus for about five or ten hours per week. You may use the money earned to pay for educational expenses.
The decision to attend chiropractic school is a big step in your life. Understanding the financial aspects of obtaining a degree gives you more control over your budget and skills that you’ll use throughout your life. If you ever have any questions about college financial aid, never hesitate to contact Palmer’s Financial Planning office.