Heating, ventilation, and air conditioning (HVAC) training programs can feel expensive when you're looking at a lump figure, but that shouldn’t stop you from fulfilling your dreams of working as an HVAC tech. Most schools offer payment plans, and financial aid can lessen the cost of your trade school or college.
Types Of Financial Aid For HVAC Training
You can also get education benefits at approved trade schools if you're a veteran and qualify for the GI Bill.
Sources Of Financial Aid
In addition to government-funded grants, many colleges have their own funds that can be applied for, whether it’s a scholarship, grant, or loan.
- Grants: When it comes to financial aid, grants are the most sought after because they don’t have to be paid back.
- Loans: Student loans will cover the cost of school, but they must be paid back over a designated period of time, and usually with interest.
- Vocational scholarships: There are HVAC-specific scholarships available to you from companies like Home Depot and organizations like the American Society of Heating, Refrigerating, and Air-Conditioning Engineers (ASHRAE).
- Merit scholarships: Merit scholarships are awarded based on certain criteria a student has. Students are responsible for applying for these.
Understanding Your Options
There's a lot to consider. The most important step is to discuss financial aid with your potential school, their financial aid department will be able to help you understand your options. Grants, loans, and scholarships are covered in much greater detail in the trade school financial aid guide.
For fun: Trade School Practice Tests (HVAC, electrician, welding, mechanic, and more)