Other Financial Assistance

Berkeley College Graduation Assistance Program

The Berkeley College Graduation Assistance Program is an Income Share Agreement (ISA). In general terms, an ISA is a contractual agreement in which a student receives education funding in exchange for an agreed upon percentage of post-college income over a defined number of years. This optional program is intended to supplement a student’s college financing. It is not intended to replace federal student loans. Students who meet the eligibility criteria will be notified by the College, term to term and may choose to participate.

Amount: Amounts will vary.

Eligibility Requirements include but are not limited to:

  • Must be a U.S. citizen (includes naturalized citizens), permanent resident, or non-immigrant with a valid employment authorization document.
  • Must be enrolled in a bachelor’s degree program at least half time at Berkeley College and have at least 60 cumulative earned credit hours.
  • Must have a GPA 2.5 or higher
  • At the time of the application and/or registration, student must be at least the age of majority for their state of residence.
  • Student must submit completed FAFSA.
  • Student's total obligation under all federal and private loans and income-based agreements with Berkeley College or another person must not require the student to pay an aggregate income share in excess of fifteen (15) percent of their earned income in any given month.

Employment

Students who are interested in part-time and full-time employment at local companies, agencies, and organizations while attending Berkeley College are encouraged to seek assistance from the Career Services Department.

Payment Plans

Paying for college may present a challenge for some students and their families. To help make it more convenient, Berkeley College offers qualified students a no-interest payment plan that permits students to pay semester charges in installments over the course of the semester. The College may offer alternative arrangements, at its sole direction, based on relevant circumstances.

There is a $20 fee for each new payment plan, and loan documentation is required. Late payments are subject to a $75 late fee. Interested students may obtain further information from the Student Accounts Office.