Heating, ventilation, and air conditioning (HVAC) training programs may appear 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. Not to mention, HVAC training programs are almost always more affordable than 4- year university degrees.
In fact, most HVAC schools offer payment plans, and financial aid can lessen the cost of your trade school or college up front.
Types of Financial Aid for HVAC Training
The two major financial aid types are government-funded grants (these do not have to paid back) and student loans (which require reimbursement).
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:Given to students without needing to be paid back. Grants are usually needs based.
- Loans:Student loans will cover the cost of school, but they must be paid back over a designated period of time, 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 should be able to help you understand your options.
For more information on grants, loans, and scholarships, visit our trade school financial aid guide.
More Reading:
For fun: Trade School Practice Tests (HVAC, electrician, welding, mechanic, and more)
