The Altos de Chavón School of Design offers several options of financial aid thanks to alliances with different Dominican entities which provide funding support, as well as a scholarship program supported by the Altos de Chavón Cultural Center Foundation.
OPTIONS AND STUDENT LOANS
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 fulfil the necessary steps during their admissions process at the school.
Banco Ademi offers student loans for applicants to the two-year college level program in Visual Communications. 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:
The Banco del Progreso offers the service of “Crédito Diferido” as a method of funding the Two-Year College Level Program and Special Programs. This credit line grants customers a payment plan of up to 48 instalments.
SCHOLARSHIP FUND FOR THE TWO-YEAR COLLEGE LEVEL PROGRAMS
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.
APPLYING FOR A SCHOLARSHIP
Applicants for financial aid must complete, sign, and complete and submit the Application for a Scholarship from the Altos de Chavón Cultural Center Foundation. They must present certification from the Dominican Dirección General de Impuestos Internos (or, for foreign applicants, the income tax office statement issued by their government) documents that verify their family’s income and provide evidence as to whether they and/or their parents are presenting a sworn declaration of income.
Applications are reviewed by the Office of Financial Aid according to criteria that determine applicants’ need and their eligibility for the types of aid provided by The School of Design. Students will be notified before the beginning of the semester. Unless otherwise specified, scholarships are bestowed upon for one year, and a new application must be submitted for each academic year. Applicants who do not receive aid for their first year of study may request it for the second year. First-year students must maintain a satisfactory academic average in order to be considered for financial aid the second year.