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Types of Aid for Transfer Students

You’ve worked hard to reach your goals. Now it’s time to get the financial support you deserve. As a transfer student at CMU, you may be able to offset your costs with scholarships, loans, grants or work-study.

Explore the options

Financial aid at CMU comes in a variety of forms. Some types of aid, like scholarships and grants, are gifts that you don’t have to repay. Others are loans that you’ll start repaying after you’ve earned your degree. Most students receive more than one form of assistance in their financial aid packages.

Here’s an overview of the types of aid available to incoming transfer students at CMU.

Scholarships

Scholarships are gift funds that are based on academic achievement and other factors. As a transfer student, you could earn up to $19,500 over three years in transfer scholarships. Here are some of the options.

You will be automatically considered for the merit-based scholarships listed here. No additional application is necessary. For priority consideration, submit your application for admission by April 1.

- $3,500 per academic year ($10,500 over three years).
- Available to new transfer students with at least a 3.5 cumulative college GPA and 24 earned credits.
- Can be earned in addition to Phi Theta Kappa Award and Residence Life Grant for Transfer Students.
- Renewable up to three years*.

*Students must maintain full-time enrollment and earn a minimum of 30 credit hours over each academic year to qualify for scholarship renewal. Third-year renewal requires a minimum of a 3.0 GPA and at least 60 new credits earned at CMU.

 

- $2,000 per academic year ($6,000 over three years).
- Available to new transfer students with at least a 3.0 cumulative college GPA and 12 earned credits.
 -Can be earned in addition to Phi Theta Kappa Award and Residence Life Grant for Transfer Students.
 -Renewable up to three years*.

*Students must maintain full-time enrollment and earn a minimum of 30 credit hours over each academic year to qualify for scholarship renewal. Third-year renewal requires a minimum of a 3.0 GPA and at least 60 new credits earned at CMU.


- $1,000 per academic year ($3,000 over three years).
 - Available to new part-time transfer students (taking between 6 and 11 credit hours per semester) with at least a 3.0 cumulative college GPA and 12 earned credits.
- Cannot be combined with the Transfer Honors or Recognition Scholarship.
- Renewable up to three years*.

*Students must maintain at least half-time enrollment and earn a minimum of 15 credit hours over each academic year to qualify for scholarship renewal. Third-year renewal requires a minimum of a 3.0 GPA and 30 new credits earned at CMU.

- $1,000 per academic year ($3,000 over three years).
- Available to Phi Theta Kappa members with at least a 3.5 cumulative college GPA and 12 earned credits.
- Can be earned in addition to Transfer Honors or Transfer Recognition Scholarships.
- Renewable up to three years*.

*Students must maintain full-time enrollment and earn at least 30 CMU credit hours each academic year. Third-year renewal requires a minimum 3.0 GPA and 60 new credits earned at CMU.

- $2,000 per academic year ($6,000 over three years).
- Available to new transfer students with at least 12 earned credits who choose to live on campus.
- Can be earned in addition to Transfer Honors, Transfer Recognition, and Phi Theta Kappa awards.
- Renewable up to three years*.

*Students must maintain full-time enrollment and earning at least a 2.0 GPA and 24 CMU credits hours each academic year.

Scholarships are also available through many academic departments at CMU. We encourage you to explore the options.

Explore More

Grants

Based on financial need, grants are gift funds that you don’t have to repay. Grants are available from CMU, the federal government, and other sources.

- Up to $6,495per academic year.
- Available to full-time undergraduates who:
     - Have not received a baccalaureate degree.
     - Have an expected family contribution (EFC) of $5,846 or less.
     - Have not received a Federal Pell grant for more than the equivalent of 12 full-time semesters.
     - Meet the general eligibility criteria.
- Apply by submitting the Free Application for Federal Student Aid (FAFSA) or a Renewal Application.

Learn more about Federal Pell Grants

- Up to $4,000 per academic year.
- Available to undergraduate students who:
- Are enrolled at least half time.
- Qualify on the basis of need.
- Are eligible for a Federal Pell grant.
- Have applied for financial aid by CMU’s priority deadline date.

Apply by submitting the Free Application for Federal Student Aid (FAFSA).

Learn more about Federal Supplemental Educational Opportunity Grants (SEOG)

- Up to $13,200 per academic year.

- Available to a limited number of undergraduate students who are enrolled at least half time.
- Students are chosen based on financial need and FAFSA application data.
- Grant funds are not automatically renewed each year.
- Students may not receive CMU grants for more than two years.

Apply by submitting the Free Application for Federal Student Aid (FAFSA).


Loans

Federal loans with low interest rates can help you pay for your education. You’ll have to pay them back, but borrowing can ease your upfront costs.

- Available to undergraduates with financial need who are enrolled at least half time.

- The federal government pays the interest on this loan while you’re in school, for the first six months after you leave school, and during deferments.


Learn more about subsidized loans

  • Available to undergraduate and graduate students with and without financial need.
  • You are responsible for paying the interest on this loan even while you’re in school.

Learn more about unsubsidized loans

- Available to parents with good credit history.

- Not based on need.
- Parents can borrow up to the total cost of education minus other expected financial assistance.


Learn more about parent PLUS loans

Student employment

The federal work-study program gives you the opportunity to contribute toward your education with a campus job.