Caribbean Aviation Training Institute
787.253.2030
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Financial Aid / Program Costs

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Our institution offers several options to help the student cover the costs of tuition, enrollment fees, program cost and any other services. If available, CATI will procure and secure both Federal and State Financial Aid when aplicable. Local municipalities, local agencies and private donations may also be available.

The awards of these financial grants depend on the grantor rules and regulations as well as qualifying requirements established by given agency or municipality.

Financial Aid Options

NET PRICE CALCULATION: click here

1. Beca PELL -  Now available if you QUALIFY! Please contact our Student Aid Official to determine eligibility. 
  https://studentaid.ed.gov/sa/about
 
  https://studentaid.ed.gov/sa/resources#complete
 
  https://studentaid.ed.gov/sa/fafsa/estimate
 
  https://fafsa.gov/
 
  https://www.nslds.ed.gov/nslds/nslds_SA/
 
  https://studentaid.ed.gov/sa/

1. Institutional Payment Plan – call the institution for details - 787-253-2030 (includes Work/Study Institutional Grant) -


2. Veteran Affairs - Each student must submit an application for education benefits to VA so that we may determine eligibility to receive education benefits. 

Students must send these applications on-line through APPLY HERE .

  • VA Form 22-1990, Application for VA Education Benefits
  • VA Form 22-5490, Application for Survivors' and Dependents' Educational Assistance. 
  • VA Form 22-1995 (Request For Change Of Program Or Place Of Training)
  • VA Form 22-5495 (Request For Change Of Program Or Place Of Training; Survivor’ And Dependents’ Education Assistance)
 
Students receiving benefits under the Montgomery programs (active duty, veterans, and reservists) must verify their attendance each month in order to receive payment.  There are two ways they can do this:
  • On the internet at www.GIBILL.va.gov/wave
By calling our toll-free-number, 1-877-823-2378

3. Cooperativa de Ahorro y Crédito Oriental Personal Loan (Credit Union)
Note: Loan approval subject to credit verification – no collateral
Membership shares required of 20% of requested amount to be deposited in savings account
    Example 1- Need: $4,000 + 20% (savings account/shares)
           $4,800 @ 9.95% /36 meses = $154.77 mensuales (if EFC = 0  ->full PELL)
    Example 2 – Need $5,000 + 20% (savings account/shares)
           $6,000 @ 9.95% /36 meses = $193.46 mensuales (complementing partial grant)
    Example 3 – Need $6,000 + 20% (savings account/shares)
           $7,200 @ 9.95% /36 meses = $232.15 mensuales (complementing partial grant)
    Example 4: Need $9,000 + 20% (savings account/shares)
           $10,800 @ 9.95% /36 meses = $348.23 mensuales
  1. Application to be coordinated thru CATI's Enrollment Official and sent for approval to Credit Union.
  2. Credit Union will coordinate payment
  3. Transcript and Diploma available upon completion
  4. Direct contact with Credit Union – Sra. Rosa Santiago Tel 1-877-776-1887
  5. http://www.cooporiental.com/pPersonales-- click here for payment calculation

3. Private Student Financing (no credit check - electronic application (www.benfranklinfinance.com)- call for details - 787-253-2030

4. Government Agencies/ Programs - contact your account supervisor or counselor, they will contact us for processing financial aid details





Descriptions ( Descripciones Formas de Pago)


 Following steps should be followed:

- Orientation at Institution (CATI) - pre-enrollment decision making
- Decide on financial option to be used and reserve seat towards program at CATI
- Document presentation for enrollment
- FAFSA application and decide payment plan for balance due


All Financial Aid applications must be done with the appropriate agency or financial institution. Decision whether you qualify or if funding is available done by them.



 






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Copyright 2022. Caribbean Aviation Training Institute | 787.253.2030
Ave. José A. (Tony) Santana, Base Muñiz, Edificio World Cargp,  1st & 2nd Floor, Aeropuerto Internacional Luis Muñoz Marín, Carolina, Puerto Rico