Financial Assistance & Scholarships

We are proud to offer education at an affordable price. Nevertheless, we understand that it can still be difficult to make your educational goals a reality. Fortunately, there are numerous options for eligible students to pursue that can help in funding.  DOWNLOAD PDF

FINANCIAL ASSISTANCE

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.

American Indian Center of Arkansas

Arkansas Human Development Corporation

  • Assists migrant and seasonal farmworkers, and their spouses & dependents.
  • More information can be found at https://arhdc.org/

Arkansas Rehabilitation Services

Choctaw Nation of Oklahoma

Cherokee Nation

  • Offers services to its citizens and to other Native Americans throughout its tribal jurisdiction in northeastern Oklahoma.
  • More information can be found at https://jobs.cherokee.org/

Transitional Employment Assistance (TEA) Program

Trade Adjustment Assistant (TAA) Program

Western AR Planning & Development District (WAPDD.org) serving Western Arkansas (Fort Smith Campus)

  • Assists adult and youth who are unemployed, underemployed or dislocated in the six counties of Western Arkansas which includes: Crawford, Sebastian, Polk, Franklin, Scott, and Logan.
  • More information can be found at http://www.wapdd.org/

Workforce Innovation and Opportunities Act (WIOA) (Springdale Campus)

SCHOLARSHIPS

Military Spouse Career Advancement Account (MyCAA) Scholarship

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 $625 for Limited Licensed Radiologic Technologist, Certified Nursing Assistant, Electrocardiograph Technician, Optometric Assistant, Pharmacy Technician, and Veterinary Assistant; up to $1,250 for Phlebotomy; up to $2,500 for Medical Assistant, Dental Assistant, and Medical Billing and Coding / Insurance Specialist. Serves Benton, Carroll, Madison, and Washington county.
  • Applicants can not have completed more than 50% of the program for which they are applying.
  • More information can be found at http://www.spsfnwa.org

LOANS

Personal loans are available for those who qualify. Many banks/institutions offer personal loans at
competitive rates to individuals, and below is a list that may be able to assist.

Arkansas Rural Endowment Fund

Arkansas Federal Credit Union

Arvest Bank

PAYMENT PLANS

Petra offers payment plans for individuals enrolled in Petra classes.

All payment plans have a 2% of tuition fee due at due by the start of class. The payment plan can be utilized for an individual’s tuition expense only (all other related fees such as registration fee, books, lab fee are not included in the payment plan.

Our standard payment plan has two payments. The first payment is due before or on the first day of class and the covered costs are the registration fee, the first half of tuition, a 2% finance fee on the full tuition, book fees, and the lab fee. The second payment is due midway through the program (at midterms) and includes the second half of tuition.

If the standard payment plan does not work for some individuals, we may be able to customize one that does. Please contact the Admissions Office for more details.