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Tuition Options & Financial Aid

Penrose Academy offers federal financial aid to those who qualify, as well as one-on-one assistance to help you understand and obtain the financing options that are best for you. Your education is your future. Start preparing for an extraordinary career at an extraordinary school. You can review the Net Price Calculator Here.

Federal Financial Aid

4 Steps for Success

Step One:

Complete your Career Planning interview with PA’s Admissions office and become accepted at Penrose Academy. Discuss financial options with Penrose Academy's Financial Aid Office.

Step Two:

Create a Personal Identification Number (PIN) at www.pin.ed.gov. This step is critical as the PIN gives a student online access for updating, correcting and accessing their entire federal financial aid package.

Step Three:

Complete the Free Application for Federal Student Aid (FAFSA) at www.fafsa.ed.gov. Penrose Academy's School Code is #041753. Online instructions will guide a student and help is available at www.federalstudentaid.ed.gov/completefafsa. All steps in the FAFSA are FREE, so never pay for a company to help you apply.

The online application is advantageous and allows for access, corrections and a short processing time. Hitting 'submit' sends your application directly to the DoE and a confirmation will be provided for your records.

Inform PA's Financial Aid Office that you have submitted your FAFSA. Check your email often for your Student Aid Report (SAR).

Step Four:

Complete the Federal Direct Master Promissory Note (MPN). The MPN website allows a student to complete and sign their MPN online. The process for completing this MPN is quite simple and you need your DoE issued PIN to begin the MPN process. The Stafford Loan Master Promissory Note site is www.studentloans.gov/myDirectLoan/index.action.


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Penrose Academy is nationally accredited by the Council on Occupational Education (COE).
All programs at Penrose Academy are approved for GI Bill benefits. You can contact the department of Veterans Affairs at www.gibill.va.gov.