Perry Technical Institute: Programs, Tuition Costs, and Financial Aid

Perry Technical Institute is committed to providing accessible, high-quality education. Understanding the financial aspects of pursuing higher education is crucial for prospective students. This article provides a detailed overview of Perry Technical Institute's programs, tuition costs, and available financial aid options.

Tuition and Payment Policies

Quarterly Billing and Due Dates

Tuition at Perry Technical Institute is billed on a quarterly basis and is generally due at the start of each program quarter. This structure allows students to manage their payments in manageable installments, aligning with the academic calendar.

Tuition Payment Plan (TPP)

An optional Tuition Payment Plan (TPP) is available to students, which may be subject to a fee and late charges. For most programs, the TPP allows a maximum of three payments over the term. However, the Professional Truck Driving program has a payment plan with payments due the first, third, and fourth week of the program. Failure to comply with the TPP may result in removal from class.

Delinquent Accounts and Collection

In the event a student’s account is delinquent, Perry Tech may refer the account to a collection agency. If this occurs, a collection fee will be assessed, calculated at the maximum amount permitted by applicable law, but not exceeding 33.3% of the amount outstanding. This fee is due in full at the time of the referral to the third party, which may be a debt collection company or an attorney.

If a lawsuit is filed to recover an outstanding balance, the student is responsible for any costs associated with the lawsuit, such as court costs or other applicable costs. The delinquent student account may also be reported to one or more of the national credit bureaus, which can impact a student's credit score.

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Returned Check Fee

A charge of $32 is assessed each time a student’s check is returned by a bank withholding payment. This fee covers the administrative costs associated with processing returned checks.

Refund Policy

Perry Tech has a clear refund policy to protect students' financial interests. The school will refund all money paid if the applicant is not enrolled. In rare instances where a starting class is cancelled by the school, the school will also refund all money paid.

If training is terminated after the student enters class the school will retain 100% of all assessed fees with the exception of lab fees. The training completion percentage is calculated by dividing the number of scheduled class days through the date of student’s termination by the total number of scheduled class days in the term. When calculating refunds, the official date of a student’s termination is the last actual date of recorded attendance.

Mandatory Fees and Additional Costs

All fees listed are mandatory and required for the completion of the program. Additional certifications and field trips are optional, and costs are assessed separately. Programs may also have additional continuing education costs that are required for licensing and/or job placement. It is important for students to factor in these potential additional costs when budgeting for their education.

Tax Exemption and Book Costs

The State of Washington does not allow for tax-exemption of items purchased for use in the state, such as books and tools for instruction received in the State of Washington. Book prices also do not include shipping costs, which students should consider when purchasing required materials.

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Tuition Effective Dates

Tuition is effective on specific dates as noted for each program. Tuition and fees, as well as books and supply costs, will vary by program. Students should consult the specific program details for the most accurate cost information.

Estimated Living Expenses

Estimated costs for living expenses, transportation, and miscellaneous expenses were established using the Washington Association of Student Financial Aid 2024.2025 approved budget. These estimates provide a guideline for students to plan their overall budget while attending Perry Tech.

Financial Aid Options

Perry Technical Institute offers a variety of financial aid options to help students fund their education. These options include grants, loans, and alternative funding programs. The institute's financial aid professionals are dedicated to helping students understand and navigate the application process.

Grants

Grants are a form of financial aid that do not need to be repaid, making them a valuable resource for students.

Pell Grant

The amount of Federal Pell Grant funds a student may receive over his or her lifetime is limited by a new federal law to be the equivalent of six years of Pell Grant funding.

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Washington State Opportunity Grant

Students must apply for the Washington State Board for Community and Technical Colleges (SBCTC) Opportunity Grant by filling out and submitting an application to the Financial Aid Office.

Washington Worker Retraining (WRT) Program

The Washington Worker Retraining (WRT) Program plays a major role in Washington State's economic development by providing funds for eligible dislocated and unemployed workers in training or retraining that will assist them in regaining employment. You may be eligible for the Worker Retraining Grant, check out all the eligibility categories. If you have questions on eligibility please contact the Financial Aid Office. (Proof of eligibility must be provided).

Loans

Loan programs, supported by the federal government or private entities, allow students and parents to borrow funds to pay for school expenses. These loans typically offer low fixed interest rates and flexible repayment plans after graduation.

Direct Subsidized Loans

Students with financial need may obtain direct subsidized loans with low interest rates and flexible repayment plans after graduation.

PLUS Loans

Can be applied for by parents of dependent students to help cover the cost of their child’s tuition/living expenses. The dependent student must have a completed FAFSA on file. PLUS Loans have low fixed interest rates and flexible repayment plans.

Private Education Loans

Private education loans are a resource families can use to help cover college expenses, but they should only be pursued after exhausting all other available funding options. There are multiple alternative loans available for students, and it's essential to research and choose the most suitable one.

Scholarships

Perry Technical Institute manages a site with a wide range of scholarships that are tailored to meet the diverse needs of its students. Scholarships can make a significant difference in a student's ability to fund their education.

Thanks to the generosity of donors, Perry Technical Institute maintains a limited amount of funds for students who have excellent or no credit history and have a hardship getting approved for a parent/alternative loan.

Federal Work Study Program

The federal work study program provides students with funds for working part-time on or off campus. This program allows students to earn money while gaining valuable work experience.

Outside Funding Agencies

There are many outside funding agencies that may be able to assist students with tuition, books, or tools. Students are encouraged to research and apply for these external funding opportunities.

CARES Act Funding

The Coronavirus Aid, Relief and Economic Security (CARES) Act was passed by Congress and signed into law to provide economic relief from COVID-19. PTI was awarded $983,818 authorized under the Coronavirus Aid, Relief, and Economic Security Act (CARES).

CRRSSA/ARP/SSARP

PTI will prioritize students with exceptional need (such as those receiving Pell grants). To prioritize students with exceptional need, the Financial Aid Office will use a sliding scale to determine the award amount and automatically apply the funds to the student account for payment (no application is required). PTI has developed the sliding scale by using the 19-20 Pell distribution table as a guide, therefore resulting in the use of the students most recent EFC to determine the amount of award for each student. Funds were allocated to each EFC level to provide all eligible students an opportunity to receive a grant as all eligible students have been impacted by the Coronavirus. Originally for students that did not have a FAFSA the student had to apply for the grant and provide supporting citizenship documentation. Due to recent guidance the requirement to provide citizenship has been removed and students without a FAFSA will be contacted by the Financial Aid office to determine their award amount. During campus closure, the Financial Aid office worked remotely and responded to student’s questions/inquiries regarding HEERF funds.

Student Accounts Services

Perry Tech's student accounts services are designed to provide students with a clear and accessible overview of their financial obligations and options. Through the user-friendly student portal, students can view their account balance, make payments, and manage their financial aid awards. The student accounts team is available to answer questions and provide support.

Additional Information

Perry Technical Institute is a private not-for-profit school with a diverse range of programs. The school utilizes a differs by program-based academic year. The student-faculty ratio is 14-to-1. The highest degree offered at Perry Technical Institute is an associate degree. The school has an open admissions policy. The application fee is $100. Students can earn degrees and certificates in 10 different fields. Popular programs include: Communications Systems Installation and Repair Technology/Technician, Business Administration, Management and Operations, Other, and Automobile/Automotive Mechanics Technology/Technician.

At Perry Technical Institute, 61 percent of undergraduates receive grant or scholarship aid and the average scholarship or grant award is $9,446.

Perry Technical Institute also provides employment services for students, academic/career counseling services, and placement services for completers.

tags: #perry #technical #institute #programs #tuition #costs

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