Please read the following information regarding changes in the Financial Aid Awarding and Notification Process for the 2008-2009 Academic Year

The Web site information and form links will be available beginning June 16th through Off-Campus Programs, www.cel.cmich.edu/finances.

Any updates/reminders concerning this information will be sent to your cmich e-mail account.

Two changes beginning Fall/Spring
     1)     The SL-1 has been eliminated
     2)     Students will be packaged via an automated system

What this means

• Faster award notification (beginning some time the end of June to early July)
       [Once 0809 FAFSA is filed and completed for packaging]

• Faster disbursement once the semester billing cycle begins
       [Entrance Counseling and Master Promissory Note must be completed by all FIRST TIME
        CMU STUDENTS]

Monitor your Financial Aid Award Status

• View your award status via the Financial Aid Status page on the CMU student portal at https://portal.cmich.edu, by selecting "Finances", then select "Check my Financial Aid Status"

Packages will be based on full-time attendance for both Fall and Spring semesters

• 12 credit hours for undergraduates

• 9 credit hours for graduates

See "Award Adjustments" for how loans can be reduced, declined, or increased based on actual attendance.

New format for Award Notifications

• New (first time at CMU) students will receive an award notice by mail

• Returning students will receive an award notice in their cmich e-mail account

• Award information can also be found on the Financial Aid Status page

Award Adjustments

• Decrease or cancel a loan or notify the Financial Aid Office of outside resources such as Employer Tuition Assistance, outside agency funding, scholarships, Veteran's Benefits, etc. using the"
            Award Notification
            FA Status page
            2008-2009 Federal Loan Adjustment Form or
            2008-2009 Return of Disbursed Federal Loans Form
   

• Request consideration for additional loan eligibility using the:
            2008-2009 Cost of Attendance Increase Form

Details on these forms will be available on our Web site beginning July 1st.

Summer Attendance
A separate form will be available in February for summer awards based on remaining eligibility for the 2008-2009 academic year (if annual limits are used during fall/spring then students must consider alternative loans and/or the Federal Graduate Plus loan as applicable).

For More Information
Refer to the Financial Aid Checklist, www.cel.cmich.edu/financial-aid/application.html, and the Off-Campus Programs 2008-2009 Financial Aid Manual, www.cel.cmich.edu/financial-aid/FinancialAidManual.pdf, or you can also contact your Program Center for details.