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Scholarships & Financial Aid Scholarships & Financial Aid

Eric Fisher Academy - Wichita KS

Esthetics or Cosmetology Scholarships and Financial Aid

The Eric Fisher Academy Office of Financial Aid assists students and prospective students through financial aid services and guidance in obtaining grants, esthetics or cosmetology scholarships, veteran benefits and loans. Eric Fisher Academy’s Financial Office simplifies the complex nature of the financial aid system through a hands-on approach.

Eric Fisher Academy - Wichita KS

Federal Student Aid (FAFSA)

To apply for federal student aid, such as federal grants, work-studies and loans, you need to complete the Free Application for Federal Student Aid (FAFSA).

Steps to Complete the FAFSA

Your ID is your electronic signature for FAFSA on the web. If you are a dependent student (see below to determine if you are), your parents also will need to apply for an ID to sign your FAFSA.

The Department of Education considers a student independent by the following criteria:

  • You are at least 24 years old on the day you file your FAFSA
  • You are married on the day you file your FAFSA
  • You are a parent
  • You are an Orphan or Ward of the Court (or were until age 18)
  • You are a Veteran or currently serving on active duty in the U.S. Armed Forces
  • You were a foster child after the age of 13
  • You are an emancipated child as determined by a court judge

If none of the above criteria apply to you, you’re a dependent student, which means that your parents will also need to apply for an ID to sign your FAFSA.

Apply for a FAFSA ID

Gather your most recent tax information (Federal 1040 and W-2 forms)

  • If you are a dependent student you will also need YOUR PARENT(S)’ tax information (Federal 1040 and W-2 forms)
  • If you are a married student on the day you complete your FAFSA, you also need your SPOUSE to provide their most recent tax information (Federal 1040 and W-2 forms)

Please note: If you are unable to locate your W-2(s), you can visit your local IRS building. If you are unable to locate your tax return(s), please visit and complete a tax transcript request form. If you would prefer, an Eric Fisher Academy Financial Aid Representative can help you to complete the form at Eric Fisher Academy.

Complete the FAFSA by following the link below.

  • The Eric Fisher Academy school code you will need to use is 041627
  • For assistance from Eric Fisher Academy, call (316) 440-5555, extension 314.

Complete the FAFSA

Available Grants

Eric Fisher Academy offers the ACE Grant to all cosmetology and esthetics students. To receive this grant, students are required to complete information prior to enrolling in school and while attending school to receive the funds.

Requirements Before Attending
To qualify for the ACE Grant the student must complete the following criteria before the class start date:

  • Find a high school, salon or spa to sponsor the student while attending.
  • Complete the ACE Grant application with all the required information. Click here to print the ACE Grant application.
  • Obtain two professional letters of reference (cannot be a family member or friend)
  • Write a 500-word essay describing their career goals, how they will achieve them and why they are deserving of the ACE Grant.
  • These items must be turned in along with all the admission requirements prior to start date.

Requirements While Attending
Requirements while in school and before completing 943 hours (cosmetology) or 750 hours (esthetics):

  • Maintain an attendance of 95% or above at all times.
  • Maintain a GPA of 90% or above at all times.
  • Student cannot have any violations resulting in probation or suspension.
  • Students who take a leave of absence will be assessed on a case-by-case basis.
  • Student must shadow a minimum of 8 hours at a salon or spa.
  • Student must track their hours on the provided hour requirement sheet and have the salon or spa sign it. Click here to print the Shadow Hours Requirement form.
  • Students requesting to shadow during school hours must have at least one-week prior approval from the Career & Academic Advisor.

Please Note: The ACE Grant is awarded to students upon reaching 943 clock hours in the cosmetology program and 750 clock hours in the esthetics program. All requirements must be met in order to be eligible for the grant.

Click here to download ACE Grant requirements.

A Federal Pell Grant is money the government provides to undergraduate students who demonstrate financial need to pay for college. Grants, unlike loans, do not have to be repaid. Eligible students receive a specified amount each year under the Federal Pell Grant Program.

Eric Fisher Academy - Wichita KS

Esthetics or Cosmetology Scholarships

Eric Fisher Academy accepts all scholarships. They are classified as gift aid and do NOT require repayment. If you are awarded a scholarship, please report the award to the EFA Financial Aid Office so your scholarship can be processed.

  • Beauty Schools Directory Scholarship

    Open to students currently enrolled in a cosmetology, barber, or esthetics program in the US or Canada resulting in a cosmetology, barber or esthetics license.

Veteran Benefits

All programs offered at Eric Fisher Academy are approved by the Department of Veterans Affairs. If you are a qualifying veteran, visit the department’s website by clicking here.

Student Loan Options for Beauty School

A Direct Subsidized Loan is a low interest loan with a fixed interest rate in which the federal government pays the interest while the student is in school.

A Direct Unsubsidized Loan is a low interest loan with a fixed interest rate available to all students regardless of income, less any subsidized amount received. Students are responsible for the interest that will accrue on an unsubsidized loan while in school during the grace period and during periods of deferment and forbearance.

Direct Parent Plus Loans are available to parents and stepparents of dependent students. Borrowers must meet credit history and debt-burden requirements. Repayment is amortized over 10 years.