We have a personalized financial package for every student
At Soma, we make it as easy as possible for you to get the financial and scholarship assistance you may need. Our Financial Aid Office will work with you to develop a financial plan that is specifically tailored to your unique needs.
The Soma Institute works alongside the U.S. Department of Education to provide you with a full range of financial aid tools. As a Soma student, you may qualify for a number of the following options:
- Tuition grants and scholarships
- Pell Grants
- Direct Loans
- Department of Veteran’s Affairs Educational Benefits
- Vocational Rehabilitation
- Employer-sponsored tuition reimbursement program
The Financial Aid Office assists students in the completion of all documents applicable to various federal state, local, and private sources of student financial aid.
Soma’s Financial Aid Office can simplify the complex world of loan determent, forbearance, consolidation, etc. and, with the permission of the student, will complete and submit the application to the U.S. Department of Education. Soma’s Financial Aid Office acts as the liaison communicating with loan servicers and the U.S. Department of Education.
After prospective students complete the interview and admissions procedures, they begin the financial aid process. Students submit their income and other pertinent information and complete a Free Application for Federal Student Aid (FAFSA) with the assistance from their Financial Aid Advisor. The FAFSA is signed by the student, or parent if applicable, and sent to the Federal Central Processor for processing. The School receives an Institutional Student Information Record (ISIR) and Soma then awards Financial Aid based upon this ISIR.