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School of Business

We are committed to providing student financial assistance to eligible students to help pay the costs associated with attending the GIA School of Business. To ensure that you receive funds in time, please apply for financial aid at least 2 months prior to your start date.

*Important note: All aid listed below is available for U.S. citizens, U.S. permanent residents or other U.S. non-temporary visa types only. Students on F1, J1, M1, or other temporary visa types are not eligible to apply for aid.

BBA StudentsJBM Students | GrantsScholarships | Loans |  Application Procedures

BBA Students

  • On Campus
    BBA On Campus students are eligible to apply for all aid types beginning Winter quarter, 2007. Students must be enrolled in a minimum of 9 credits per quarter to be eligible to apply for student aid. Students wishing to be considered for financial aid for the On Campus BBA program must apply for aid at least 2 months prior to the start date of any given quarter.

  • Online
    BBA Online students are eligible to apply for a private alternative loan as of Winter quarter, 2007. Online BBA students must be enrolled in at least 2 classes per quarter to be eligible to apply for an alternative loan in an amount not to exceed the cost of tuition and books for that quarter.

JBM Students

  • On Campus
    JBM On Campus students are eligible to apply for a private alternative loan if they are enrolled in the JBM program (4 classes per quarter for 2 consecutive quarters).
    JBM On Campus students can apply for a loan amount to cover tuition, fees, books, and materials as well as the financial aid office approved monthly living expense allowance.

  • Online
    JBM Online students are eligible to apply for a private alternative loan if they are enrolled in the JBM program (4 classes per quarter for 2 consecutive quarters). The students enrolled in the online program can apply for a loan amount not to exceed the cost of tuition and books only.

All funds that a student receives for any of the above programs will be disbursed electronically to the student’s GIA tuition account each quarter. Any funds above and beyond tuition that are to be returned to the student after having been applied to the tuition account will be returned within 14 business days.

Grants

GIA Financial Aid Application

The following grants are only available to full-time BBA On Campus students.

Federal Pell Grant:

Award amounts range as high as $4,050 per academic year depending upon eligibility and educational program.

Federal SEOG Grant:

Award amounts range from $200 to $1,000 per academic year depending upon eligibility, educational program and availability of funds.

In Fall 2007, BBA On Campus students will be eligible for the following grant:

Cal Grant B:

Entitlement awards provide low-income students with a living allowance and assistance with tuition and fees. Most first-year students receive an allowance of up to $1,551 for books and living expenses. After the freshman year, Cal Grant B also helps pay tuition and fees in the same amount as a Cal Grant A. For a Cal Grant B, your coursework must be for at least one academic year. The Cal Grant B is available to qualified California Residents. The deadline is usually March 1st of each year for the upcoming Fall term.

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Scholarships
GIA Scholarship Application
Application period is June 15 - October 15 of each year. Applications submitted before or after these dates will not be considered.

School of Business Scholarships

GIA Endowment Scholarship – School of Business
Award maximum: Varies
Scholarships available for tuition of individual courses at the School of Business.  Available for On Campus and Distance Education courses. 

The Jhaveri Scholarship
Award maximum:  $5,000
One scholarship available for enrollment in the On Campus School of Business Jewelry Business Management (J.B.M.) program.

Loans

GIA Financial Aid Application

The following loans are only available to full-time BBA On Campus students.

Federal Perkins Loan:

This 5% interest Federal student loan is available to qualified students. The award amounts range from $500 to $3,000 per academic year depending upon eligibility, educational program and availability of funds.

Subsidized Federal Stafford Loan:

This Federally subsidized student loan is available to qualified students. The loan amounts range from $2,250 to $3,500 per academic year depending upon eligibility, educational program, grade level and previous loan indebtedness under this program.

Unsubsidized Federal Stafford Loan:

This Federally unsubsidized student loan is available to qualified students. The loan amounts range from $3,200 to $4,000 per academic year depending upon eligibility, educational program, grade level and previous loan indebtedness under this program.

Federal Parent Loan for Undergraduate Students (PLUS):

This Federally guaranteed parent loan is available through qualified participating program lenders to parents of dependent students. Parent eligibility is determined based upon credit requirements established by the lenders. Parents who meet the lender requirements may borrow up to the cost of education minus any financial aid the student is receiving.

The following loan is available to all School of Business students who meet the requirements listed at the top of this page.

Private Alternative Loans:

These private alternative loans are available from most of our recommended FFELP lenders. The interest rates vary, as do the loan maximums. Eligibility is generally based on a good credit history and proof of income. You may not borrow more than your cost of education minus any financial aid you are receiving.

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Application Procedures

2 Months Prior to Your Business Program Start Date:

  • Complete and send the GIA School of Business Financial Aid Application to the GIA Office of Student Financial Assistance
  • Follow the instructions you receive from the GIA Office of Student Financial Assistance to complete the loan process. You should receive these instructions at least 30 days prior to your start date.

If you're applying to the BBA On Campus program only:

  • Visit the  FAFSA PIN website  and get a PIN prior to completing your FAFSA.
  • Download and complete the  FAFSA worksheet prior to filling out your FAFSA.
  • File your FAFSA using your PIN at www.fafsa.ed.gov
  • If your class starts between April 2006 and March 2007, complete the 2006-07 FAFSA. 
  • GIA's school code is 015765.
  • If requested, submit any additional forms or information, or go online to complete any required Promissory Notes for Stafford, PLUS, or Alternative Loans as instructed.

If your parent is applying for a PLUS loan only, or if you are applying for a Stafford or Alternative Loan only, you need to:

Send the GIA School of Business Financial Aid application to:

Gemological Institute of America
Office of Student Financial Assistance, MS 7
The Robert Mouawad Campus
5345 Armada Drive
Carlsbad, CA
92008

To contact a financial aid representative, please call 800-421-7250 ext. 4004 or 4005. Or email financialaid@gia.edu .


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