Your financial aid awards are divided into disbursements, one for each semester. Your aid will be applied against your charges and will appear on the bill you receive from the Business office.

What you receive in financial aid will first be applied to your tuition, fees and room/board if applicable. If there are funds left over, they can be used for your books.

If you have a credit balance with the college, it will be returned to you. The Business office will provide refund checks for all applicable students. The Business Office mails all checks to the student's permanent mailing address or to the student's on campus mailbox (for resident students).

Often changes occur during the academic year that affect the family's ability to provide its contribution. A request for an appeal must be done in writing. You must document the circumstances you feel deserve consideration. Example of these conditions would be: medical bills, unemployment, divorce/separation, death of a spouse or parent, disability of family members, change in employment earnings, loss of income or benefits.

You should outline your anticipated family income for the financial aid year. Attach supporting documentation such as year to date pay stubs, verification of untaxed income to date, unemployment benefits to date, TANIF benefit history and projection, statement from employer in a case where hours were reduced or a salary changed. Please note how long the condition has existed and why.

There are cases in which the Financial Aid Office may need to recalculate your Financial Aid Award after the original award is made. These include:

• Receipt of additional aid from outside sources.
• Changes in family contribution due to updated information.
• Changes in enrollment status.
• Withdrawal from the College prior to the semester's end. Federal regulations may require repayment of funds.
• Failure to maintain satisfactory academic progress.

• Understand, accept responsibility for, and keep copies of all signed agreements.
• Participate in entrance and exit interviews, when required.
• Report any changes in your address, income, or registration.
• Notify us of any financial assistance you are receiving from an outside source.
• Be aware of the College's withdrawal and refund procedures.
• If accepting a Work Study Award, perform the work that is agreed upon.
• Maintain satisfactory academic progress according to the College's policy.

The expected amount of student debt upon graduation is estimated at $4,500.00. (room & board not considered).

Financial Aid Office
(207) 755-5269
finaid@cmcc.edu