At Petra we pride our self on offering education at an affordable price. However, we do understand that sometimes without financial assistance it can be difficult to make your educational goals a reality.
Fortunately, we have numerous options for students to choose from to help fund their education, if eligible.
Petra partners with many government and private organizations whose main mission is to aid individuals in continuing their educational aspirations by offering career and financial services.
NOTE: Sponsorships are available for Certified Nursing Assistants that have gained employment with nursing homes that participate in the sponsorship program. Financial Assistance, Scholarships, and Loans are available for those that qualify. Payment Plans are available for all Petra students.
FINANCIAL ASSISTANCE
American Indian Center of Arkansas
Provide workforce development and training programs for American Indians in the state of Arkansas.
Arkansas Human Development Corporation
Assists Migrant and Seasonal Farmworkers, Spouses, and Dependents receive classroom training.
Arkansas Rehabilitation Services
Prepares Arkansans with disabilities to work and lead productive and independent lives.
Cherokee Nation
Offers services to its citizens and to other Native Americans throughout its tribal jurisdiction in northeastern Oklahoma.
Transitional Employment Assistance (TEA) Program
TEA’s mission is to help economically needy families with children under the age of 18 become more responsible for their own support and less dependent on public assistance.
Trade Adjustment Assistant (TAA) Program
Provides a path for employment growth and opportunity through aid to US workers who have lost their jobs as a result of foreign trade.
Veterans (VA) Benefits
Eligible veterans with Post-9/11 and Montgomery GI Bill benefits are allowed educational financial assistance.
Western Arkansas Employment Development Agency (WAEDA)
Assists adult and youth who are unemployed, underemployed or dislocated (laid off due to no fault of your own) in the six counties of Western Arkansas which includes: Crawford, Sebastian, Polk, Franklin, Scott, and Logan.
Workforce Improvement and Opportunities Act (WIOA)
Assists adult and youth who are unemployed, underemployed or dislocated (laid off due to no fault of your own). Please Note: If you live in Western Arkansas please refer to WAEDA for assistance instead.
SCHOLARSHIPS
Military Spouse Career Advancement Account (MyCAA) Scholarship
MyCAA is a workforce development program that provides up to $4,000 of financial assistance to eligible military spouses who are pursuing a license, certification or Associate’s degree in a portable career field and occupation.
Single Parent Scholarship Fund of NWA
Aids low income, single parents to pay for the cost of their education and related living expenses up to $500 for Certified Nursing Assistant, Electrocardiograph Technician, Limited Licensed Radiologic Technologist, Optometric Assistant, Pharmacy Technician, Phlebotomy Technician and Veterinary Assistant OR $2000 for Dental Assistant, Medical Assistant, and Medical Billing and Coding Specialist. Serves Carroll, Madison, and Washington county.
LOANS
Arkansas Rural Endowment Fund
AREF provides loans with competitive interest rates around 6% and loan deferment options while you are in school.
Arvest
Arkansas Federal Credit Union
SPONSORSHIPS
Certified Nursing Assistants (CNAs) are in large demand throughout Arkansas, and because of this most nursing homes are willing to pay for the tuition of students that they hire. Luckily the process is an easy 3 step process.
- Ask your potential employer if they will sponsor your CNA training through Petra.
- If sponsored, bring your letter of intent (provided by the employer) during the first week of class.
- Begin class and begin working. Students will be eligible to begin working after the first few days of class. NOTE: Employed students are only able to perform skills that have been satisfactorily performed under supervision of the instructor and marked as complete on the Task Performance Record.
PAYMENT PLANS
Petra offers institutional payment plans for individuals enrolled in Petra classes.
All payment plans have a 2% transactional fee due at the time of payment. The payment plan can be utilized for an individual’s tuition expense (all other related fees such as Books, Lab, Registration, Uniform are not allowed to be included in the payment plan). Plan listed below by program type.
We also have customized plans we would be glad to work with you on if our standard option does not work for you. Please contact the Admission’s Office for more details.
| Program Name | Number of Payments | Payment Due Dates |
|---|---|---|
| Certified Nursing Assistant | 2 |
|
| Dental Assistant Limited Licensed Radiologic Tech. Medical Assistant Medical Billing and Coding/Insurance Spec. Optometric Assistant Pharmacy Technician Phlebotomy Technician Veterinary Assistant |
2 |
|
