Applying for Financial Aid
Applying for financial aid is a very detailed process. Follow the application instructions, provide any requested information, and meet all deadlines. If you have any questions about the application process, please do not hesitate to call us at 989-774-3674.
File your FAFSA
To begin the financial aid process, you must file a Free Application for Federal Student Aid (FAFSA). The FAFSA is a need-analysis tool that estimates your family's ability to pay for your college education. An Expected Family Contribution (EFC) is determined by a uniform federal formula, using student and parent income and asset information provided on the FAFSA. Starting with the 2024/25 (24/25) academic year the EFC will become the Student Aid Index (SAI). The student and parent income and asset information will still be considered, but the calculation will differ. "Need" is determined by taking the cost of attending CMU for one year and subtracting the EFC (or SAI starting in 24/25).
The best way to apply for federal financial aid is to complete the FAFSA online. Students should begin filing the FAFSA the year before attending CMU (senior year- for those coming directly from high school). Starting with the 24/25 FAFSA, students can start filing the FAFSA in December 2023, online only. Each year thereafter, the FAFSA should be available on October 1st. To receive priority consideration for available institutional funds, submit the FAFSA by May 1st. CMU must receive your FAFSA application at least two weeks before the end of the semester for which you are enrolled.
CMU's Title IV School Code is 002243. The central processing service will send you a Student Aid Report (SAR) or an electronic SAR acknowledgment within three to five days after you submit your application. The SAR indicates your eligibility for a Federal Pell Grant (first undergraduate degree seekers only) and identifies your EFC (or SAI starting in 2024/25). The information on your SAR will be sent to CMU electronically.
Remember to file your FAFSA every year if you wish to be considered for financial aid.