Should you file FAFSA® for Trade School or Vocational school?

During these times of uncertainty, many may find themselves considering all their options. Every year, the cost of tuition increases, causing a financial burden on numerous families. As a result, students are considering which form of education will benefit their pockets the most. Instead of going to a Traditional School and spending upwards of $40k a year, they often choose a trade or vocational school due to its affordability.

But what is a trade or vocational school? Keep reading below to find out.

What is a Trade School?

Trade School, often referred to as a vocational school, is a post-secondary institution designed to give students the skills and education needed to prepare for a specific occupation. Vocational schools are shorter, more focused training and educational programs that prepare their students for immediate employment. Although both types of schools are considered trade or career schools, they vary slightly in their focus. 

Learn about the types of financial aid available to those who attend a trade school or vocational school

Essentially, trade school is job training for a specific line of work. The programs consist of welding, machining, cosmetology, and plumbing — to name a few. You go to school for however long the program is (length ranges from about six months – 2 years). Once you graduate from the program, you’re prepared for an entry-level job in the field. 

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Unfortunately, higher education is not free in the United States. Therefore, a trade school will cost you a couple of thousands of dollars (depending on your program and length). The good news is that you can potentially receive financial aid in the form of grants, scholarships, and loans by filing the Free Application for Federal Student Aid (FAFSA®)

Should you file FAFSA®?

Maybe — it depends on the school. Some trade schools will accept FAFSA® while others do not. It relies on whether they are affiliated with the federal government and have a FAFSA code. 

The easiest way to find out if your school is affiliated with the federal government is by searching for the school’s FAFSA® code or asking the financial aid office.

If your school has a FAFSA® code, it’s time to learn more about FAFSA® and its eligibility requirements. Use Frank’s FAFSA® Tool to apply for financial aid in less than 10 minutes. 

Your school doesn’t have a FAFSA® code?

Even if schools don’t use the FAFSA® form, there are several opportunities for financial assistance. Most trade schools have scholarships available. Contact your school’s financial aid office to learn about available financial aid opportunities.