AIAM Financial Aid Options

AIAM recognizes that Federal Financial Aid is an important part of reaching educational goals for many students, which is why AIAM’s Financial Aid department is committed to helping students through the Financial Aid process. To receive Financial Aid, the first and most important step for all students is the completion of a Free Application for Federal Student Aid (FAFSA). Depending on the length of the educational program offered by AIAM, it is likely that the completion of more than one FAFSA will be necessary. Keep in mind that aid eligibility can vary year to year, and students are always welcome in the Financial Aid Office to go over eligibility at any time.

View Frequently Asked Questions (FAQs)

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VA Educational benefits

To complete the FAFSA, first, register for an FSA username and password at If you already have a PIN, please note that the PIN program has been discontinued, and you will still need to register for an FSA username if you haven’t previously. You can use your existing PIN to help create your new FSA username and FSA password. Once you’ve completed the FSA username and password, you can log on to Make sure to enter all information, including adding AIAM’s school code: 035344. That way, AIAM’s Financial Aid Office receives your information and can advise on Financial Aid eligibility.

You may be required to verify some items you provide while filling out the FAFSA. Information on this is here: Verification

VA Educational benefits, BVR, WIA, and NEALP loans are also administered and accepted by the school for eligible students (see Additional Funding Sources ).

Complete your FAFSA, and make an appointment with the FA Department as soon as possible!

Starting Financial Aid: Instructions and Steps

Receiving Financial Aid

To qualify you must:

  • Be an eligible student. For grant and subsidized lending, this is determined by the Expected Family Contribution (EFC) awarded via the FAFSA.
  • Not be in default on a prior student loan or in an overpayment status (as determined via the National Student Loan Data System (NSLDS)).
  • Not have exceeded Lifetime Eligibility of Pell grant funding (as determined by NSLDS).
  • For loan recipients, not to have met aggregate loan limits (as determined by NSLDS). Students close to their aggregate may have limited borrowing available to keep from exceeding levels.
  • All students who have completed a Bachelor’s degree are no longer eligible for Pell Grant funding.
  • Be a citizen or an eligible noncitizen.
  • Be enrolled at least half-time for loan recipients, and at least less than half-time for grant recipients.
  • Meet all requirements to receive financial aid, such as the resolution of verification, registration with Selective Service, verification of citizenship status, and any other items requested by the Financial Aid Office.
  • Be making Satisfactory Academic Progress (SAP) for financial eligibility (see SAP policy). Failure to maintain a 2.0 average at the end of each quarter, as well as failure to complete all classes on track to maintain completion of the program within 150 percent of the required timeframe will result in Unsatisfactory Academic Progress. See Financial Aid Warning and Probation details in the Student Policy section of the catalog.

Financial Aid by FAFSA Eligibility:

  • Pell Grant – This is a grant, or “gift aid”. Eligibility is determined by EFC via student FAFSA.
  • FSEOG – A Federal Supplemental Educational Opportunity Grant (FSEOG) is a grant for undergraduate students with exceptional financial need. This is a grant. Eligibility is determined by EFC and demonstrated need.  This is awarded to new students with her/his first award.
  • Federal Direct Stafford Loan Options-Subsidized Stafford Loan program provides subsidized low-interest loans. Subsidized loans are need-based aid and eligibility is awarded based on Cost of Attendance (COA) minus EFC (total need must not be met). Interest is paid by the Federal government while the student is in school. Unsubsidized Stafford Loan is referred to as a non-need based loan. Interest is charged from the time the first disbursement is made until the loan is paid in full.
  • Parent PLUS loan program- allows parents to borrow on behalf of their dependent undergraduate children. Parents may borrow up to the amount of the Cost of Attendance, minus any other financial aid or other aid sources being received. This is a non-need based aid, and interest accumulates from the date of the first disbursement.
  • Graduate PLUS loan program- allows graduate-level students to borrow additional loan funds up to the Cost of Attendance (after subtracting out other Title IV sources of aid). This loan is credit-based and requires approval, which can be completed at See the Financial Aid Office for more information.

NOTE: All students are not required to borrow loans, or do not have to borrow total eligibility. Discussion with the Financial Aid Office is strongly encouraged. Information published by the U.S. Department of Education is available during normal working hours for students. An appointment is desired so that Financial Aid has the ability to discuss any questions. The publications include information about rights and responsibilities of students and schools under the Title IV, HEA loan programs. The loan(s) requested and originated for each and every student will be submitted to the National Student Loan Data System (NSLDS) and will be accessible by guaranty agencies, lenders, and schools determined to be authorized users of the data system.

Financial Aid does NOT always cover all the charges associated with your academic program, so appointments with the Financial Aid Office are required!

Additional Loans Options


Tuition Payments

Students of the American Institute of Alternative Medicine (AIAM) are required to pay program tuition and fees in full, either during each payment period or in total by the program end. Payment period tuition and fees are due in total unless a student is on an approved payment plan. Payments can be easily paid online via Populi, AIAM’s school management system, or at the Front Desk. Each student has access to his or her account, and the ability to make payments online. Online payment is preferred; however, cash payments can be made at Reception. Students can make payments online or in-person at Reception using either a credit card or a checking account. It is important to note that payments made by debit or credit card will be subject to a 3% surcharge. Total program charges must be paid in full before the student’s last day in his or her respective programs. Failure to pay total program charges will result in consequences which may include: a student being unable to obtain his or her diploma or an official program transcript; AIAM withholding the notification required by any State Medical Board or any professional licensure that the student has completed his or her program, and a student being unable to participate in Commencement and/or Pinning ceremonies. AIAM also reserves the right to send balances that are severely delinquent to a collection agency, and AIAM reserves the right to determine what constitutes a severely delinquent balance, in accordance with all applicable State and Federal laws. The only exception to being paid in full at the program’s end is qualifying students within the Registered Nursing Advanced Placement program, who have been enrolled in the 21-month payment plan and have faithfully been making payments per agreement. As long as students in this program have met the terms of the plan, and continue to make their payments for the 6 months after program completion, they will be considered exempt from consequences applied to non-payment of total program costs. Registered Nursing Advanced Placement students only are eligible for the 21-month payment plan.

Payment Plans

Students are not billed for the entire program at one time; instead, students are billed one payment period at a time. Students are required to pay tuition and fees in full for a payment period only within the first five days of this period unless a student has met with the Financial Aid Office and instead enrolled in an approved payment plan. AIAM acknowledges that tuition and fees can vary quarter to quarter (or payment period), which may cause the amount due each quarter to fluctuate. To allow students a more structured approach to paying his or her tuition and fees over a year instead of a quarter/ payment period, a student may instead agree to a payment plan which will last through a student’s academic year. All students, regardless of whether they plan to use outside funding sources or not, will receive a Payment Summary, outlining program costs based on current information. Students who choose or need to pay AIAM directly for anticipated tuition and fees will receive a Promissory Note with the total amount due for an academic year. Students paying the School directly for tuition and fees will be offered the opportunity to make payments, and should they choose to enroll instead of paying each payment period in full, they will be provided a payment plan. Students receiving financial aid and/or outside funding will also receive a payment plan outlining his or her estimated gap between how much outside funding is anticipated, and how much tuition and fee charges will be, per one academic year at a time. Payments are calculated based on this gap between funding and anticipated tuition and fee charges for an academic year. Students enrolled in a payment plan are required to provide a checking account or debit/credit card information for payments to be auto-deducted from the account specified. Students can choose between two different monthly dates the payment will be deducted, one approximately at the beginning of the month and one approximately mid-month. Dates may vary per calendar year but will be specified in the ACH/Payment Authorization Form provided. AIAM strongly recommends students provide checking account information, as credit/debit card authorizations will have a 3% surcharge applied. A student can revoke agreement for auto-deduction of payments in writing at any time. Revocation takes up to 14 days to take effect. If a student enrolled in a payment plan at AIAM severs AIAM’s ability to auto-deduct payments, the student will no longer be considered enrolled in a payment plan and all tuition and fees still owed for the payment period will immediately come due. Furthermore, in the next payment period, the student will be required to pay in full all tuition and charges within the first 5 days. Failure to make payments may result in consequences such as suspension from a student’s program until his or her account is current, being barred from attending any classes until payments are current, or dismissal from the program in circumstances where a student cannot make appropriate arrangements or payments. Application for funding, such as financial aid or for a scholarship, does not release a student from the requirement to pay his or her account in full, so students are required to follow up on all aid applications and make sure all steps have been followed and the aid has been awarded, and then applied to student account, per rules and regulations of each funding source (Federal, State, private, and otherwise).

Students are required to resubmit financial aid and other applications as necessary, such as each academic and/or award year, and review the award letter he or she receives. Payments and/or funding may change due to course failures, approved leave of absence, transfer credits, loss or gain of eligibility between years, loss or gain of outside funding, and more. AIAM reminds students that it is the responsibility of the student to work with the Financial Aid Office and/or outside funding sources to maintain eligibility and monitor changes in payments needed to help a student pay off remaining tuition and fees. Students are advised that failure to meet the requirements of each funding source, such as completing applications and/or providing all requested documents to the Financial Aid Office (see VERIFICATION) will result in loss of funding eligibility (see FINANCIAL AID).

Many students opt to use financial aid, or other funding sources, to help cover the cost of their program. Please note that an application for financial aid or receiving a separate outside funding source (i.e., Ohio Means Jobs, BVR, Scholarship, Employer Tuition Reimbursement, NEALP, Private Education Loans, Union Education Trust, or any additional funding) does not mean that total charges for a student’s program are covered. Students must work with the AIAM Financial Aid Office to determine what remaining financial responsibility he or she may have, and pay any amount not covered by any funding sources. It is also the student’s responsibility to monitor his or her account to determine that it is paid in full.

AIAM acknowledges that students can experience financial challenges and encourages any student who finds her or himself struggling with payments or tuition and fees charges to immediately contact the Director of Business Operations at AIAM to discuss alternative arrangements. AIAM does not discount or otherwise adjust tuition and fee charges, and a student will still be responsible to pay the total amount due to AIAM before program completion.

Payments are due on the 1st or 16th of each month. Students who find themselves having difficulty making their monthly payments are encouraged to contact the AIAM Controller, Barry Cook, at or 614.825.6255 Ext. 238.


Federal Student Aid Scholarship Info:

The US Department of Education has created this resource for students to search through scholarships.

Please remember that in order to receive financial aid you must have completed the following:

Contact Us– AIAM Financial Aid Staff is available to help assist you with questions on available resources, completion of FAFSA financial aid request, payment plans, and resolution of any requested items, such as through verification. Contact Debbie Brewer, Director of Financial Aid, 614-825-6255 Ext. 223.

We look forward to assisting you!