Attending trucking school offers future drivers numerous benefits, including assistance with passing the CDL exam and job placement services. Although trucking school requires an upfront investment in your future, there are many ways to find help funding your education if you cannot afford this cost on your own. At Phoenix Truck Driving Institute, we can help you find the financial aid solution that is best for your needs.
Many future truck drivers choose to take out student loans to cover the cost of driving school. Once you graduate and begin earning a salary as a driver, you will repay the loan amount. Even if you have poor credit, you may still be able to obtain a loan with the help of a co-signer. However, poor credit may require you to pay back your loan with a high interest rate, so make sure you understand the terms of any loan before signing it.
There are a number of state and federal grants designed to help truck drivers pay for educational instruction. Grants are particularly appealing because, unlike loans, they do not require repayment. One of the most commonly-sought government grants is the Pell Grant. Pell Grants are available up to a stated maximum limit and are awarded based upon student need.
In addition to loans and grants, there are other avenues to pursue for educational funding. Locally, the Maricopa Workforce Connections program offers a variety of employment assistance services. Other potential sources of financial aid include the Bureau of Indian Affairs, which offers tuition assistance for Native Americans, and the Workforce Investment Act, which offers help for those facing specific challenges while seeking employment.
Phoenix Truck Driving Institute can help you obtain the financial aid you need to pursue a career as a truck driver in Arizona. We accept GI Bill educational benefits and offer lifetime employment assistance to all our graduates. Check us out on the web to find out more about our educational programs, or call (877) 205-5372 for the answers to your questions about our classes and admissions policies.