CALC, Institute of Technology participates in the Federal Pell Grant Program, the Stafford Loan Program and the Federal PLUS Loan Program. See below for program descriptions.

Pell Grant: The Pell Grant is an award that does not have to be repaid. Pell Grants are awarded only to undergraduates who have not earned a bachelor's or professional degree. Applying for the Federal Pell Grant is the first step of the financial aid process.

Stafford Loan Program (Subsidized): This loan program provides a maximum of $3,500 for programs one year in length. These loans are interest free while a student is in school and for six months after graduation or withdrawal. Eligibility for this loan program is determined by the successful completion of the FAFSA. The same application used in applying for the Pell Grant awards.

Stafford Loan Program (Unsubsidized): This loan program provides a maximum of $6,000 for programs one year in length. Interest accrues from the point the student receives the loan money but repayment can be deferred for up to six months after graduation or withdrawal. Loan payments can also be deferred up to six months after graduation or withdrawal.

Federal PLUS Loan Program: This loan program is for parents who wish to take out a loan for their child’s education. The amount a parent can borrow is determined on an individual basis utilizing the cost of attendance and the amount of other financial aid received. Interest accrues from the point the loan money is received. Payments must begin within 60 days of the second disbursement of the loan.

Please contact the financial aid administrator at one of our campus admissions offices for details on which options may be available to you.