Financial Aid

CDA offers Financial Aid to those who qualify for it Maritime Welder Program

CDA accepts Title IV federal financial aid, Florida Prepaid, the GI Bill, State and VA Vocational Rehabilitation funding, Workforce Investment Act and works with Sallie Mae to provide private student loans, known as Smart Option loans, which are credit-based and may require a co-signer.  

Federal student loans are available, with an interest rate of 4.29% for the Subsidized Direct loan and the Unsubsidized Direct loan, and 7.9% for the Direct Parent Plus loan.

How to Start

Please complete Step 1 if you are interested in obtaining financial aid. CDA will then contact you regarding your eligibility, and at that time, please complete Steps 2 and 3 if you do want to borrow federal student loans.

Step 1

Complete the Free Application for Federal Student Aid (FAFSA)

Step 2

Complete Entrance Counseling Online
Students Sign your MPN electronically / Parents apply for Parent PLUS Loans

Step 3

Set up your personal account at Financial Aid Ready
Your go-to-resource on how to borrow for school, save money and budget wisely.

Additional Funding Options

If you need additional funding, you can apply through one of the loan links below. For more information, please contact CDA with any questions. We are happy to assist you with the financing process.



The Florida Department of Education, Office of Student Financial Assistance (OSFA), administers a variety of state-funded grants and scholarships to assist Florida residents with the cost of their postsecondary education. Below is a list of grant and scholarship programs administered by OSFA.

General Scholarship Searches

American Indian (Native American) Scholarships

The Native American Scholarship can be used towards the Maritime Welder Program. Applicant must provide proof of Native American, Alaskan Native, or Native Hawaiian.

American Welding Society

The American Welding Society offers a number of regional and national scholarships, fellowships, and loan programs including:

  • District Scholarships Program
  • Educators Scholarship
  • Engineering Your Future
  • Graduate Research Fellowships
  • International Scholarships
  • National Scholarships Program

Wells Fargo Student Loan for Career and Community Colleges

Wells Fargo offers fixed and variable rate loans. Please follow these instructions to apply:

  1. Choose CDA Technical Institute as the school
  2. Choose Career/Technical/Continuing Education as the Program
  3. Check the box "I am pursuing a degree, license, or multi-course certificate
  4. Choose Career Training as the Grade Level
  5. Choose Other as the Field of Study, and then type diving
  6. Choose Full-time as the Enrollment Status
  7. Type in the amount you're requesting
  8. Choose Citizenship status

Wells Fargo Customer Service 1-877-566-6733

Career Training Smart Option Student Loan®  For Regions Bank

  • CustomersCompetitive variable interest rates
  • Borrower benefits available – like rewards and interest rate reductions
  • Applying with a creditworthy cosigner may help qualify and/or receive a lower rate
  • 24/7 online account management 

To learn more or to apply, please click here or call Regions Bank at 1-800-858-7822.

CDA Technical Institute offers a wide variety of Financial Aid Options to Welding students

Sallie Mae Smart Option Loan Application

Customer Service: 1-855-756-5623 (855-SLM-LOAN)

www.studentloans.gov Entrance & Exit Counseling
www.nslds.ed.gov National Student Loan Data System

More Financial Aid Information:

www.studentaid.ed.gov Financial Aid Information
Direct Loan Basics for Students Direct Loan Brochure for Students
Direct Loan Basics for Parents Direct Loan Brochure for Parents
 
www.myfloridaprepaid.com Florida Prepaid
www.gibill.va.gov  GI Bill Information

Access your account and find out more information about Federal loans through the Department of Education Direct Loan Website, www.dl.ed.gov.

To access CDA's Net Price Calculator, please click here.

To access the most recent available statistics employment and graduation through IPEDS, click here.
 

Direct Loan Servicers:

Students who have Direct Loans will have one of the following companies servicing their loans.
 

Nelnet
www.nelnet.com
1-888-486-4722

Great Lakes Educational Loan Services, Inc.
www.mygreatlakes.org
1-800-236-4300

Navient 
www.navient.com
1-888-272-5543

FedLoan Servicing (PHEAA)
www.myfedloan.org
1-800-699-2908

Direct Loan Servicing Center (ACS)
www.myedaccount.com
1-800-848-0979

Crossover Period Policy (effective July 1, 2016):

For all classes that have a crossover payment period, CDA will pay the Pell Grant out of the 2015-2016 or 2016-2017 award year.  Students must have a valid FASFA on file for the year which will be used to determine Federal Eligibility (grants and loans).

Please fill out the 2015-2016 FAFSA with your 2015 tax return, if you filed (and/or your parents' information).

If you start classes between May - June 2016 you will be required to complete both 2015-2016 and 2016-2017 FAFSA.

Please fill out the 2016-2017 FASFA with your 2015 tax return, once filed (and/or your parents' information).

CODE OF CONDUCT

  1. CDA employees should receive no personal benefit.  No officer, trustee or employee of the CDA shall accept anything of more than nominal value on his or her behalf or on behalf of another person or entity from any Lending Institution.
  2. CDA employees should not serve on lender advisory boards for remuneration.
  3. CDA should not provide any advantage to a Lending Institution.
  4. CDA should make appropriate use of any Preferred Lender Lists. 

Loan Application and Solicitation Disclosures:

Sallie Mae Disclosure

Click here for the Link to the Integrated Postsecondary Education Data System

Click here for the 2011 Campus Security Report