Get your education funded
Learn how you can qualify for financial aid!
The majority of students who attend Advanced Welding School receive some type of financial aid or assistance. Our team is here to help you navigate your choices and some of the options available to you are listed below.
Types Of Financial Aid
Advanced Welding School accepts many different types of financial aid and payment types.
ISA
Advanced Welding School is now offering an Income Shared Agreement to our Students. This is a great way for you to study now and pay your tuition after graduation. The ISA is a contractual agreement that allows you to pay your $250 deposit upfront. After graduation, pay 11% of total pre-tax income monthly payments, but only when you’re earning $2,500/month or more.
SCHOLARSHIPS
There are many scholarships available to current and prospective welding students with varying requirements for eligibility including leadership and/or service in your community, financial need, special interests and much more.
STUDENT LOANS
Meritize student loans are a financing option that takes some of the focus off of credit scores and takes past academic success, military history and work history into account.
For more information on Meritize visit: Meritize Student Loans
Income Shared Agreement (ISA)
Advanced Welding School is honored to partner with LEIF to offer $25 million in Income Shared Agreement (ISA) for student funding to help YOU advance your future. ISA's are designed to increase access to quality education, at Advanced Welding School, we value your education but are unique in the fact that we work with you for job placement. We partner with multiple companies to secure job opportunities for our graduates.
Financial Flexibility
During a time when many are feeling financially insecure, we believe it is more important than ever to help support students learning to weld by providing even more flexibility with tuition assistance.
More Accessibility
Income Shared Agreements (ISAs) allow us to offer our program to a greater number of students who need financial alternatives.
Inclusive For Everyone
By removing a hurdle of affordability, we can focus on getting the best and brightest students from an even wider variety of backgrounds.
Confidence
We have nothing but confidence in our students and our program, which is why we allow students to pay tuition after they find a job making a comfortable salary.
Launch Your Career With The Help Of An Income Shared Agreement
Our ISA is a way to study now and pay your tuition after graduation.
Deciding to pursue further education is exciting, but it can also be a stressful experience. You may feel burdened by the prospect of taking on excessive student debt or unsure how to manage jobs while studying. Leif removes these barriers to education and creates the opportunity for you to succeed in the pursuit of your education. Through an Income Share Agreement (ISA), you do not pay tuition until you land a well-paying job. Unlike traditional student loans, ISAs align the incentives of your school with your success. The biggest advantage of financing your education with an ISA is that the payments adjust to what you can afford based on your income. If you fall on hard times and lose your job, you pay nothing; no more fear of default.
There Are So Many Benefits To Using an Income Shared Agreement (ISA)
- Never worry about affording a repayment.
- Repayments are always a % of your monthly income.
- There is a clear and quick path to repayment. Preset number of weekly repayments.
- We believe in you and our courses. Your repayments are based on your future success.
- No repayments during the course and for at least 1 month after.
- Debt-free.
LEIF is a technology dedicated to increasing access to quality and affordable education.
About Advanced Welding School: Advanced Welding School was founded in 2017 by Richard Hope, a professional welder with over 40 years of experience in the field. After teaching welding at a Louisiana community college, he realized the need for improvement in the current welding educational system. AWS was born to create a more comprehensive and effective curriculum, allowing students to get certified and enter the workforce immediately after completing their training. Advanced Welding School is constantly striving to provide any individual who wants to change their lives through a welding education an opportunity to do so.
About Leif: Leif is a technology company dedicated to increasing access to quality and affordable education. The company has developed an end-to-end platform that enables the design, origination, and program management of Income Share Agreement programs. As the infrastructure layer that powers the incentive-aligned tuition finance ecosystem, Leif partners with schools to provide students with an outcomes-oriented form of education finance.
GET YOUR EDUCATION FUNDED
Start Your Journey at AWS!
Scholarships
There are many scholarships available to current and prospective welding students with varying requirements for eligibility including leadership and/or service in your community, financial need, special interests and much more.
For information on some of the welding specific scholarships available through the American Welding Society visit: AWS Scholarships Page
Click on any of the links below to explore current scholarship options:
Other Financial Options
Student Loans
Meritize student loans are a financing option that takes some of the focus off of credit scores and takes past academic success, military history and work history into account.
For more information on Meritize visit: Meritize Student Loans
Personal Loans
Personal loans are offered from a variety of lenders and offer a variety of repayment terms for individuals needing to borrow. These loans come from financial institutes such as banks and credit unions, with interest rates based off of the lender and your credit history. In some instances if you do not quality for this type of loan, a cosigner can be utilized.
For more information about personal loans visit: Personal Loan Info
VA & Vocational Rehabilitation Benefits
We are now accepting applications from veterans who have received GI Bill Benefits for their military service. Advanced Welding School also offers all service members an additional 10% discount over the already discounted multi-course options that we offer.
For more details visit: U.S Department of Veterans Affairs
Personal Savings
Some students bypass financing and financial assistance altogether and pay for their tuition through personal savings whether is it their own or family members willing to help.
Frequently Asked Questions
Income Shared Agreement (ISA)
At your free consolation AWS will guide you to a secure application page tied to the specific program you are looking to attend. The application is all online and typically takes less than 5 minutes to complete and applying will not affect your credit score.
Once you complete your application, during your free consultation, AWS will be able to tell you within 60 seconds, if you are approved or not.
Payments begin within 30 days from your first date of employment.
Because ISAs are not traditional debt, there is no set interest rate or accrued interest.
This will be determined during your first consultation. It’s based on the courses that you take and the certification that you wish to hold.
You will never make payments unless you are employed and there are no penalties while you are unemployed.
Leif is your school’s ISA Program Manager. During your consultations, AWS will help you make an account on Leif’s platform to apply for your ISA, review and sign your contract, and eventually to report income and make payments.
Scholarships & Loans
Please click on any of the links provided and follow the application process per the scholarship or loan that you are applying to.
This will depend on the specific scholarship or loan that you apply to. Please follow up with their organization for more information on approval status.
This will depend on the specific scholarship or loan that you apply to. Please follow up with their organization for more information on payments.
This will depend on the specific scholarship or loan that you apply to. Please follow up with their organization for more information on interest rates.
This will be determined during your first consultation. It’s based on the courses that you take and the certification that you wish to hold.
You can apply to as many as you’d like! The more you apply to, the better your chances of approval.