Money is a big issue for most people looking to go back to school. But too many don’t apply for loans, grants or scholarships because they were told some myths about financial aid. These myths include:

  • It’s only for 4-year colleges.
  • It’s only for people who got good grades.
  • I won’t qualify because my credit isn’t good.

Cheer up! They’re only myths.

The truth is, if you qualify for federal financial aid, you can use it to attend Health Works Institute! That’s because HWI is an accredited school. And financial aid is available for students attending accredited trade schools, not just 2-year community colleges or 4-year universities.

HWI is accredited by the Commission on Massage Therapy Accreditation (COMTA) for both our massage and esthetics programs.

Read on for some myth-busting info from the U.S. Department of Education about the realities of applying for financial aid.

Financial aid myth #1: “Only students with good grades get financial aid.”

Reality: A high GPA helps you get into a good school and may help with academic scholarships. However, most federal student aid programs don’t consider your grades. If you maintain satisfactory academic progress in your program of study, federal student aid will help you complete your education.

Financial aid myth #2: “My parents make too much money, so I won’t qualify for aid.”

Reality: There’s no income cut-off to qualify for federal student aid. Many factors are taken into account. These include the size of your family and your year in school. And remember: when you fill out the Free Application for Federal Student Aid (FAFSA ) form, you’re also automatically applying for funds from your state, and possibly from your school as well. So don’t make assumptions about what you’ll get — fill out the FAFSA form and find out!

Financial aid myth #3: “I didn’t qualify for financial aid last year, so filling out a FAFSA again is a waste of time.”

Reality: It’s very important to fill out a FAFSA form every year you’re in college or career school. Why? Because things can change. For instance, your school or state might create a new grant or scholarship, or the factors used to calculate your aid could change from one year to the next. Either way, if you don’t submit a new FAFSA form, you’re out of luck.

Financial aid myth #4: “I don’t have good credit, so I can’t get a student loan.”

Reality: You don’t need to get a credit check for most federal student loans (except for Direct PLUS Loans). Also, you won’t need a cosigner to get a federal student loan in most cases.

Financial aid myth #5: “I support myself, so I don’t have to include parent information on the FAFSA form.”

Reality: This is not necessarily true. Even if you support yourself and file taxes on your own, you may still be considered a dependent for federal student aid purposes. If you are, you must provide your parents’ information on your FAFSA. The form asks questions to determine your dependency status. You can preview the questions here.


Want to find out if you qualify for financial aid? Go to and fill out the form. Then apply for admission to a college or career school and get accepted. If you’ve listed that school on your FAFSA form, the school will receive your FAFSA information, calculate your aid, and let you know how much aid you’re eligible for.

For more detailed information on financial aid at Health Works Institute, click here. And for more myths about financial aid, click here.

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