All applicants as well as registered students in the full-time programs are eligible for financial aid. Scholarships for new students are based on artistic ability and financial need.
CHAVÓN offers several options of financial aid, such as payment plans, funding support and student loans through various Dominican entities, as well as a scholarship program bolstered by the Altos de Chavón Cultural Center Foundation. In fact, approximately 90 percent of our full-time students receive some form of aid, and about 70 percent receive need–based scholarships.
Many of CHAVÓN’s students receive scholarship funds from sources outside The School, such as organizations, employers or corporations. Since the purpose of this aid is that it be used for educational purposes, each student must report it to CHAVÓN and apply it toward his/her academic expenses. The School will consider the outside award as a part of the participant’s overall financial aid funding.
The following institutions provide student loans and funding platforms for CHAVÓN’s programs:
FUNDAPEC offers student loans that promote and aid the access to CHAVÓN’s different programs of study. Candidates must request information and fulfill the necessary steps during their admissions process at The School.
Banco Ademi offers student loans for applicants to the two-year college level programs under the department of Visual Communications (Communications Design, Photography and Illustration). It grants the total or partial amount of tuition and seeks to facilitate a candidate’s admission, permanence and culmination of his/her studies in the country.
BANCO DEL PROGRESO:
Banco del Progreso offers the service of “Crédito Diferido” as a method of funding the Two-Year College Level Program. This line of credit grants participants a payment plan of up to 48 installments.
BANCO SANTA CRUZ:
Banco Santa Cruz offers loans applicable for a term of 6 to 12 months without interest.
The Altos de Chavón Cultural Center Foundation offers scholarships for candidates of the Two-Year College Level Program that do not have the resources to fund their program. All applicants for admission to the two-year college level program may submit an application for a scholarship. The Office of Financial Aid awards scholarships to new students according to their artistic abilities and economic need. For students already enrolled, they are granted according to academic achievement and participation in class.
Prospective students of CHAVON’s two-year programs who request financial aid must file their financial application within one month of the time at which they submitted their application for admission to CHAVÓN. Their financial aid application will in no way jeopardize their chances of admission.
Applications are reviewed by the Financial Aid Committee according to criteria that determines an applicants’ need and their eligibility for the types of aid provided by CHAVÓN and will be considered after all admissions requirements (Portfolio, CHAVÓN challenge, interview, etc.) have been completed and the applicant has been accepted. The Committee will make every effort to notify the applicant of its financial aid decision within two weeks of the applicant’s acceptance date.
To view the application form, click here.
Priority Deadline, May 1: The Financial Aid Committee will make the majority of its awards by mid-May, and has instituted a priority deadline of May 1 for the receipt of financial aid applications. Applications may be considered, and scholarships awarded after May 1, but only as long as funds remain available.
Unless otherwise specified, scholarships are granted for a semester period and a new application must be submitted for each academic year. Students receiving financial aid must maintain satisfactory academic standing at all times.
Current students who have financial aid can always reapply for their following year by submitting the application for Financial Aid in the Admissions office, along with their GPA score. This also applies to applicants who do not receive aid for their first year of study. Students must maintain a satisfactory academic average in order to be considered for financial aid during the next semester.