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Financial Aid


Financial Aid

Applying for Financial Aid

To apply for financial assistance at Central Michigan University, students must complete the Free Application for Federal Student Aid (FAFSA). CMU’s Title IV Federal School Code is 002243. This need analysis form must be completed and sent to the fed- eral processor each year. Off-Campus Programs Financial Aid Information Manual can be found at www.cel.cmich.edu/financial- aid/FinancialAidManual.pdf.

Undergraduate students enrolled through Off-Campus Programs (OCP) may be eligible for Pell Grants and Federal Direct William D. Ford Loans. Graduate students may receive loan assistance only. Enrollment at other institutions does not qualify for CMU financial aid eligibility. The student must be admitted to Central Michigan University as a regular degree-seeking student; guest students attending CMU are not eligible to receive financial assistance through CMU. Students seeking a certificate only are not eligible for financial aid. All awards are contingent on the following:

  • 1.

    Availability of funds from federal sources.

  • 2.

    Accuracy of information provided on the Free Application for Federal Student Aid (FAFSA).

  • 3.

    Adjustments made to your award if we receive information which affects your eligibility (such as learning package cours- es, employer tuition assistance, outside scholarships, etc.). NOTE: If you have been paid financial aid which is later reduced or canceled for any reason, you may be required to return a portion of all of that payment to CMU.

  • 4.

    Minimum Enrollment Status. If you apply for a fall/spring academic year loan and fail to achieve at least half-time status (as defined below) in the fall semester, your loan will be changed to a “spring only” loan and the amount adjusted accordingly. Notify OCP if this occurs.

  • 5.

    Satisfactory Progress (SP). See below.

  • 6.

    Your compliance with our request for additional documenta- tion to support your application.

  • 7.

    You are a U.S. citizen or eligible noncitizen, have signed all certification statements, are not in default on a federal loan or owe a refund or repayment on any federal or state program, and are enrolled in a degree granting program of study for the necessary number of hours.















Enrollment Criteria

Students must enrolled at least half-time in courses which will end in the fall semester, spring semester and summer session according to the following chart:

Semester Date

Min. number of credit hours

Students attending two schools in the same enrollment period must inform the financial aid offices at both schools. Students cannot receive federal financial aid (Pell Grant and/or loan) at both schools simultaneously.

Student Cost of Attendance

Your award notice is based on the Cost of Attendance (COA) at CMU. Financial need is determined by subtracting the Expected Family Contribution (EFC), as calculated by the federal processor, from the COA (COA – EFC = financial need).

Payment of Aid and Refunds

Awards from any Title IV U.S. Department of Education program will be applied to your account to pay tuition and fees. If you re- ceive financial aid in excess of your CMU charges, the balance will be refunded to you to use toward your other education-related expenses. Payments are applied to your account by Student Ac- count Services and University Billing. To receive your refund in a timely manner, you must maintain an accurate current address with your Program Center. Students have the option of requesting direct deposit by completing the direct deposit form available at: www.controller.cmich.edu/downloads/forms.htm#FIS.

You must be prepared to pay for your off-campus classes at the time of registration until notice of your pending aid is ready for disbursement to your student account.

Registration is checked weekly to verify half-time enrollment for the semester in off-campus and/or on-campus courses. Once achievement of half-time status is confirmed, loan funds are disbursed to your student account. If you are expecting a refund from loan proceeds, please allow 2-3 weeks from the date of verification for your refund to arrive.

If you register for additional classes after the disbursement of your semester award, it is your responsibility to pay for the class(es) from any refund. Also, you should plan to pay for books and other materials through the Missouri Bookstore (MBS) out-of- pocket and be reimbursed through your student loan refund.

If you withdraw from or drop classes to a point where you are considered to be a less than half-time student for the semester after a financial aid disbursement has been made and a refund has been sent, you will be billed back for the full amount of the disbursement.

Credit for Life Experience (Prior Learning) - Eligibility for federal student aid requires a student to be admitted into a degree seeking program AND be currently enrolled in classes. Students planning to use life experiences for evaluation and potential course credit and are not enrolled during the time these life experiences were occurring, are not eligible for financial aid to cover the cost of these credits.

Learning Package Courses - Financial Aid eligibility is affected by Learning Package courses. If you enroll in less than 6 credit hours of regular coursework in addition to learning packages per semester, the amount of your aid will be affected. Adjustments will be made to your eligibility after initial packaging and may result in the loss of all or part of your federal aid after disbursement and refund. Students must be enrolled in at least 6 credit hours of regular courses each semester (online or in the classroom) to

avoid these adjustments.

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