Welcome to the L'esprit Academy

Payment Methods:

SCHOOL CODE: 041584

We accept the following forms of payment or partial payment:
- Cash, check, Visa, MasterCard
- Michigan Merit Award
- UAW voucher
- Michigan Works! & Rehabilitation
- No Worker Left Behind
- Other programs

Financial Aid
L’esprit is proud to offer Federal Student Aid for those who qualify. Our advisors can guide you to private financial assistance as well. Some state programs may be available to you such as Michigan Works, No Worker Left Behind, and Michigan Rehab. We also accept cash, checks, Visa & MasterCard and have a payment plan schedule.

Federal Student Aid
L’esprit Academy is approved as an eligible institution by the U. S. Department of Education to participate in Title IV grant and loan programs. The packaging of financial assistance is determined according to guidelines set by the US Department of Education.
A variety of programs are available for students qualifying for assistance:

Federal Grants:

Federal Pell Grant:
Intended to be the basis of the financial aid package and may be combined with other aid to meet the full cost of attendance. The Federal Pell Grant is a need based aid program in which an eligible recipient does not have to repay the funds received.

Federal Student Educational Opportunity Grant (SEOG):
An additional grant available only to Pell eligible students who meet the schools predetermined criteria. 75% of the award is contributed by the Federal Government and the other 25% is contributed by the school. L’esprit Academy does not offer this grant at this time.

Federal Direct Loan Program:
These are low interest loans for undergraduate and graduate students that are made available through the Federal Government. This program includes the Federal Subsidized Stafford, Federal Unsubsidized Stafford and Federal Parent Plus loans. There are grade level progressions and loan limits used for the administration of these loans.

Federal Direct Subsidized Stafford Loan:
This is a need-based-loan for which the Federal government subsidizes the interest until repayment begins and during any period of deferment. This is a loan and recipients must begin making payments at the end of their six-month grace period.

Federal Direct Unsubsidized Stafford Loan:
This is a non-need-based loan for which the Federal Government does not pay the interest subsidy. Interest accrues after disbursement. The recipient has the option to pay the interest or to defer payment of the interest for the grace period. This is known as capitalization.

Federal Direct Parent Plus Loan:
This loan is available to parents of dependent undergraduate students to help pay for the cost of the dependent’s education. Borrowers of PLUS Loans are required to undergo a credit check by the lending institution. The definition of a “parent” for PLUS Loan eligibility is a student’s biological or adoptive or step-parent in the event that person’s income would have been taken into consideration when calculating the student’s expected family contribution (EFC).