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March 22, 2024

Can You Use Student Loans and Financial Aid for Trucking School?

Schooling can be expensive, and some people may decide against going to trade school because of the cost. Can it be affordable? Is financial aid available? At New England Tractor Trailer Training School (NETTTS), offering CDL training at campus locations throughout New England, our team of financial aid advisors is ready to help you realize that your dream of attending trucking school is within reach.

Is There Financial Aid Available for Trucking School?

The short answer is—YES, Financial Aid is available for those who qualify! At NETTTS, we have financial aid advisors available at each of our campuses who are knowledgeable about the various ways students can fund their education. Some of the financial aid options we can help with include:

  • Free Application for Federal Student Aid (FAFSA)
  • Federal Pell grants
  • Federal direct loans for parents and students
  • GI Bill® education benefits
  • Agency and state workforce funding options

In-school and extended payment plans.

What Is FAFSA?

FAFSA is a form all students complete to apply for federal student aid for college and trade school. It covers aid like:

  • Grants
  • Loans

The information on FAFSA forms may also be used by schools to determine eligibility for state and school aid. All prospective students should fill out a FAFSA form, and the Financial Aid team at NETTTS can assist students with this.

Can Federal Student Loans Be Used at NETTTS?

YES! Students who apply for and qualify for federal student loans can use that money to pay for trucking school. Federal student loans are needs-based, so you won’t need a credit score to qualify. Your options include:

  • Subsidized federal direct loans: These loans are designed for eligible students in undergraduate programs with a demonstrated financial need.
  • Unsubsidized federal direct loans: These loans are available to students in undergraduate and graduate programs, as well as professional students.
  • Federal direct PLUS loans: These loans enable parents to acquire a loan for dependent undergraduate students, as well as for graduate or professional students to obtain loans for themselves.
  • Federal Pell Grants: Designed for students in undergraduate programs, Federal Pell Grants don’t require repayment. Individuals enrolled in approved Prison Education Programs may also be eligible for Federal Pell Grants.

Students will need to qualify for federal student loans. To be eligible, students must:

  • Be a U.S. citizen or eligible non-citizen
  • Have a valid social security number
  • Demonstrate a need for financial aid
  • Be enrolled at least half-time at an eligible school
  • Maintain satisfactory academic progress

Are There Options for Veterans?

There are programs out there that can help with financial aid for veterans for trucking school and other career training opportunities. The VA Educational Benefit Eligibility offers active duty, reservists, veterans, dependents, and spouses tuition assistance under the following programs:

  • Post 9/11 GI Bill®
  • Chapter 30—Montgomery GI Bill (MGIB)
  • Chapter 31—Vocational Rehabilitation and Employment (VR&E)
  • Chapter 35—Survivors and Dependents Educational Assistance Program (DEA)
  • Chapter 1606—Selected Reserve (MGIB-SR)
  • Chapter 1607—Reserve Educational Assistance Program (REAP)
  • DoD Tuition Assistance (TA) Program

If you are curious about whether your military benefits can be used at NETTTS, contact our financial aid team to learn more!

GI Bill® is a registered trademark of the U.S. Department of Veterans Affairs (VA). More information about education benefits offered by the VA is available at the official U.S. government website at www.benefits.va.gov/gibill.

Get Trucking With New England Tractor Trailer Training School

If you are ready to get started with New England Tractor Trailer Training School (NETTTS), enroll in one of our Commercial Driver’s License (CDL) training programs and take the first step toward truck driver training. Our CDL training programs include:

  • Experienced instructors with professional driving knowledge and at least three years of CDL road experience
  • Practice on truck driving simulator
  • Approved ELDT training provider for Theory, Range, and Road
  • Classroom and hands-on training
  • Monthly or weekly payments that can extend beyond graduation
  • Financial aid available for those who qualify
  • Career services support

We have four campus locations across New England, to help make our programs more accessible:

If you are interested in learning more, contact us today or request information. Call us at 800-333-2888 if you have questions.