I'm looking into going to Technical/Vocational College and taking x-ray technician?

Question

If I qualify for Pell Grant...will it pay for my whole tuition fee of about $18,500 for the entire course and i don't have to pay for any of it? My EFC is 0*? Any answers will be greatly appreciated.

Answer 1

The max amount in Pell next year is only 4,700.  So no it wouldn't cover the entire cost if the amount you quoted is for a years worth of study.  If it is for more than one year you might get closer... but really it depends on how long the program is.  You would have to take out student loans to make up the difference.  Federal loans are always best with the best interest rates and some of them are "subsidized" meaning the government pays the interest while you are in school  Private student loans are evil and should be avoided at all costs.

Given the choice, you should do the Perkins loan first, then subsidized Stafford loans then unsubsidized Stafford.  Be aware loans have limits on them.  If this is for only one year of study, you will likely have an immediate out of pocket expense for this program.

Good luck.