Finance Questions for Accounting Schools

Business Accounting Specialist Program at SCI
Request More Info

By submitting this form, I agree that Southern Careers Institute may contact me via email, text message or telephone, including the use of autodialers, regarding its programs and offers. Standard text and/or usage rates may apply.

Financial Aid for Accounting School

Finances are one of the biggest concerns for many students when beginning an accounting program in San Antonio. As most people have many of the same queries, this list should answer your most pressing financial questions and help you progress in your search for accounting schools in San Antonio that are right for you.  

1. Who Is Eligible for In-State Tuition?

Many accounting schools in San Antonio offer a lower in-state tuition rate for Texas residents. To apply, you must provide proof of residency for the last 12 months.  

2. What Options Are There for Financial Aid?

You are undoubtedly familiar with federal student loans, but there are several additional options available to students at accounting schools. Grants and scholarships are offered through the school or an external organization and never need to be repaid. There is also a work-study option, where you can earn at least minimum wage by working part-time, at the school or for another employer, and use the funds to pay for your tuition or other expenses. A final option is tuition reimbursement. If your employer at a San Antonio company wants you to continue your education to qualify as an accounting specialist, this could be a viable option for you.  

3. How Do You Apply for Financial Aid?

Even if you are yet to decide on an accounting school, you can start your financial aid application by completing a Free Application for Federal Student Aid (FARSA). You will receive a student aid report (SAR) from the U.S. Department of Education, including an expected family contribution (EFC) — the amount that you or your family need to contribute to your education. The accounting schools to which you apply will use the SAR to determine what grants, scholarships, loans (including federal direct loans), and other aid you are eligible to receive.  

4. What Happens If Your Financial Needs Change?

If your circumstances (such as family income) change once you have begun studying, you can discuss altering your EFC with a school financial aid officer.  

5. What Are Subsidized and Unsubsidized Direct Loans?

Federal direct loans are available either subsidized or unsubsidized. In the case of the former, the government pays the interest while you are studying, during a grace period, and at authorized deferment periods. For unsubsidized loans, interest during your studies is added to your loan balance.  The grants, scholarships, loans, and other aid available to you will depend on your accounting school. Before you decide to enroll in a program in San Antonio, talk with finance officers at various schools to discuss your unique needs and talk about how the school can help you meet your financial and educational goals.

This article was published on: 06/8/15 9:44 PM

What SCI Students Are Saying

“I made a complete career change when I started my training at Southern Careers Institute. I needed a stable career to continue providing for my growing family. SCI provided me with the medical terminology and know how that I needed to understand and acquire a career in the medical field. SCI taught me that it doesn’t matter where you are in life right now; you always have room to advance and learn.”

Testimonal

Denise S.
Medical Assistant

“I am extremely grateful for the assistance I received from SCI’s Career Services team. I enjoy where I work and what I do. SCI has helped me succeed in life by getting me the necessary education and by making me a stronger and more confident person.”

Testimonal

Raquel S.

“Once I graduated from SCI, I had a sense of accomplishment that helped me through the job search process. SCI provided me with the opportunity to brush up on my skills, extend my accounting knowledge, and they boosted my self-confidence. I went to work two days after my last day of school.”

Testimonal

Annette D.
Business Accounting

“When my youngest child graduated from high school, I told my husband that it was my time. I went back to school to change careers after spending 37 years in the business field. At SCI, the instructors are professional, and they care about what they are teaching you, as well as expect you to give 100% in return. I had problems understanding how to draw in syringes and give injections. I requested extra help from a knowledgeable instructor, and I was able to receive one-on-one training. Today, I draw injections for approximately 100 patients each week. I am very confident in what I’ve learned. SCI has given me the chance to do what I always wanted to do. Thank you for my education. I am doing wonderful.”

Testimonal

Bonnie M
Medical Assistant

“I am now a certified Lab Tech. SCI helped me get an externship, and I came out with a job. After my little sister had cancer, I knew I wanted a career in the medical field that allowed me to help others. I am happy about what I do.”

Testimonal

Sidney B
Medical Assistant

“The best place ever!! Ms.Tonia rocks she is the best teacher… I love going to school my time there is amazing.”

Testimonal

Andrea Garcia

“Southern Careers went beyond my expectations. Very impressed. The assistance I got from Career Services is truly amazing. They really went out of their way to get me placed. They really care and I am grateful to all of them.”

Testimonal

Olga C.

“Southern Careers Institute totally surpassed my expectations. Once I finished school, the Career Services team helped me find a job. I would tell anyone thinking about starting career training that you have nothing to lose and a lot to gain. I wish I would have started my training sooner.”

Testimonal

Valerie D.

“I am very happy with where I am and where I’m going. Through high school, I struggled with math. When I came to SCI, I enrolled in the Business Accounting Specialist program to see if I could do it. SCI provided me with the accounting skills I needed to help me find a career. Now, I have an amazing career and room to grow in the company.”

Testimonal

Crystal H.
Business Accounting

Speak with an
Admissions Advisor

Call 1.833.SCI.TEXAS

Our mission is to ensure the long-term success of our students by delivering employer-tailored programs that result in an increasing demand for Southern Careers Institute graduates.

Contact Us Today