• Does not require students to use a particular lender or in any way limit the choice of lenders for students.
• Does not recommend external lenders to students or their parents, and does not maintain a list of lenders that are preferred over other lenders (we do provide a list of lenders as possible suggestions – which in no way should be recognized as preferring one over another).
• Processes loan applications through any lender a student or parent chooses.
• Does not solicit or accept anything of value from any lender in exchange for any advantage sought by the lender to make educational loans to students enrolled at, or admitted to, CCMS.
• Prohibits employees of the financial aid office, or any employee who otherwise has responsibilities with respect to educational loans, from taking from any lender any gift worth more than nominal value.
• Prohibits employees of the financial aid office, or any employee who otherwise has responsibilities with respect to educational loans, from entering into any type of consulting arrangement or other contracts to provide to a lender services relating to educational loans.
• Prohibits employees of the financial aid office, or any employee who otherwise has responsibilities with respect to educational loans, who serve on an advisory board (or commission or group) relating to educational loans established by a lender or group of lenders, from receiving anything of value from the lender or group of lenders in connection with serving on such advisory board (or commission or group).
• Prohibits external lenders’ employees, representatives, or agents from providing staffing services to the financial aid office.
• Prohibits external lenders’ employees, representatives, or agents from identifying themselves to students of CCMS or their parents as employees, representatives or agents of the financial aid office.
• Does not assign for any borrower, through award packaging or other methods, a loan to a particular lender, and does not refuse to certify or delay certification of any loan based on the borrower’s selection of a particular lender or guaranty agency.

Self-Certification Form

CCMS is required to provide the Self-Certification form, and the information needed to complete the form, to any enrolled or admitted applicant (or to the parent applicant of an enrolled or admitted student) upon the applicant’s request for a private education loan Self-Certification form. You can download a copy of the form here.

The COA is used in the calculation of awards.  The COA as listed below minus the Student Aid Index (SAI) from the Free Application for Federal Student Aid (FAFSA) data is known as demonstrated need, and need-based awards must not exceed this amount.  Total awards, including any need-based, non-need-based, outside, or other aid or resources must not exceed the total COA.

* indicates estimated costs; not charged directly by the College.

To be eligible for Title IV funds, a student must make satisfactory academic progress (SAP). For financial aid purposes, progress is measured by the student’s grade point average, percentage of credit hours earned in relation to those attempted, and the length of the academic program. The Office of Financial Aid monitors SAP (qualitative and quantitative reviews) at the end of each semester in Populi. The Title IV SAP policy at CCMS is as strict as the SAP policy for students enrolled in the same program of study who are not receiving Title IV funds at CCMS and adheres to the SAP regulations as outlined in the FSA Handbook, Volume 1, Chapter 1, pages 21-32. In order to assure that students make progress toward earning a degree both in terms of number of hours completed and cumulative GPA, CCMS employs the following financial aid satisfactory progress policy:

PROGRESS STANDARDS: To be in academic good standing, a student must be making satisfactory progress toward the completion of his/her/their degree requirements. Satisfactory progress is defined as passing all courses and earning a minimum 2.00 GPA each term at CCMS. Students must earn a satisfactory grade in 100% of the total credit hours attempted in alignment with the CCMS academic program policy. Per the CCMS academic progress policy, in the event a student fails a course in any term, the student will be placed on academic suspension. In the event a student’s cumulative grade point average is below a 1.90 after any given term, the student will be dismissed from the program.  For purposes of Financial Aid Satisfactory Academic Progress, a student will be placed on Financial Aid Suspension in the event the student falls below a 2.0 cumulative GPA.

Students must also follow the CCMS Attendance Policy as outlined in the Student Handbook.  Failure to adhere to the attendance policy will affect grades and GPA.

SEMESTER PROGRESS: Students must, at a minimum, receive a satisfactory grade (*) in the courses they attempt each semester. *For purposes of financial aid, satisfactory grades are A, B, C, D, S, SP or P. Unsatisfactory grades are F, W, U, or I. Audits do not count as attempted hours and are not eligible for financial aid. NOTE: Unsatisfactory grades will not be counted as earned credit hours but will count as attempted hours.

Financial Aid Probation: Students not meeting Financial Aid Satisfactory Progress requirements will be placed on Financial Aid Suspension. If the student chooses to appeal the suspension to the CCMS Office of Financial Aid and the appeal is approved, the student is placed on Financial Aid Probation status. A student on Financial Aid Probation may receive financial aid for one subsequent semester. A student on Financial Aid Probation may be placed on an Academic Plan that will require the student to meet certain terms and conditions as determined by the CCMS Financial Aid Appeals Committee. At the conclusion of the SAP Financial Aid Probation semester, the student must meet the progress standards or fulfill the requirements specified in the Academic Plan.

Financial Aid Suspension: A student may be placed on Financial Aid Suspension for one or more of these reasons:

• A student on Financial Aid Probation fails to meet progress standards and/or who does not fulfill the requirements in his/her/their academic plan is placed on Financial Aid Suspension.
• At the end of each semester, if the student does not earn a satisfactory grade in 100% of the total credit hours attempted, he/she/they will be placed on Financial Aid Suspension. In the event a student fails a course in any term, the student will be placed on academic dismissal. In the event a student’s cumulative grade point average is below a 1.90 after any given term, the student will be dismissed from the program.  If a student’s cumulative GPA is below a 2.0 but at least 1.9, the student will be placed on academic probation; however, the student will be placed on Financial Aid Suspension and will need to appeal the suspension to the CCMS Office of Financial Aid if the student wishes to receive aid for the next term.
• A student who does not earn any credit hours in a semester. Any student on Financial Aid Suspension is ineligible for further financial aid and can only receive financial aid again if eligibility is regained by successfully appealing or making up the deficient hours.

EVALUATION PROCESS: Students who do not make SAP are notified by e-mail at their CCMS address of their status (Financial Aid Probation or Financial Aid Suspension).

• Students who receive all I, F, W, or U grades in courses attempted in ANY semester will be placed on Financial Aid Suspension.
• Repeat courses will be counted in earned credit hours. (Note: ALL courses attempted, except audited courses, count in total credit hours attempted.)
• Transfer credit hours will be counted in both attempted and earned credit hours.

CUMULATIVE PROGRESS: To be in academic good standing, a student must be making satisfactory progress toward the completion of his/her degree requirements. Satisfactory progress is defined as passing all courses and earning a minimum 2.00 GPA each term at CCMS. Students must, in addition to the above, meet the retention standards of CCMS as outlined in the current CCMS Student Handbook.

MAXIMUM ELIGIBILITY: Maximum eligibility is reviewed each semester. If a student has attempted enough hours to graduate, and has not graduated, a warning email will be sent to the student at their CCMS address, reminding them of maximum eligibility standards. Students who have attempted 150% of the required credit hours for their degree will become ineligible for financial aid, and would need to appeal to continue to receive financial aid.

REPEATED COURSES: Students may only receive federal financial aid funding for one repeat of a previously passed course. Per FSA guidelines, a grade of D is considered passing. There is an exception for courses which require repeats (see examples below). Students taking a required repeat of a course should work with the Office of Financial Aid to ensure those credits are counted appropriately for financial aid eligibility. Please note that the student may need to provide documentation from his/her faculty advisor confirming the requirement to repeat.

Examples of repeated coursework that may, or may not, count for financial aid eligibility:

• Allowable: Repeated coursework may be included if the student received an unsatisfactory or failing grade. There is no limit on the number of allowable repeats if the student does not receive a passing grade, as long as SAP standards are met.
• Allowable: Repeated coursework may be included if a student needs to meet an academic standard for a particular previously passed course, such as a minimum grade. Example: Student received a D in a course which requires a minimum grade of C for the academic program.
• Allowable: Student is enrolled in 15 credit hours which include 3 credits repeating a previously passed course. The student’s financial aid eligibility is not impacted by the repeat because the student is enrolled in a minimum of credits which are not repeats.
• Not Allowable: Student receives a D in a course which does not have a minimum grade requirement for the program and decides to repeat the course to improve his/her GPA. The student may repeat this passed course one time, but if the student wants to repeat it a second time, the second repeat would not count for financial aid eligibility. In this example, the student is enrolled in 12 credits, including the three credit second repeat, so only nine credits will count for financial aid eligibility.

All repeated courses affect financial aid satisfactory academic progress calculations. A repeated course along with the original attempt must be counted as attempted credit hours.

REGAINING FINANCIAL AID ELIGIBILITY

SATISFACTORY PROGRESS APPEAL PROCESS:

Students who lose eligibility for financial aid can appeal that status to the Financial Aid Office. Please note that Financial Aid Satisfactory Academic Progress (SAP) appeals and appeals concerning academic program status are separate and must be submitted separately to the appropriate office.  The appeal must be prepared in writing on the Financial Aid Satisfactory Academic Progress Appeal Form, and must be accompanied by appropriate supporting documents. Reasons that may be acceptable for an appeal are:

• Serious illness or accident on the part of the student;
• Death, accident, or serious illness in the immediate family;
• Class cancelled by CCMS; and
• Other documented extenuating circumstances

SAP APPEAL LIMITS: The Financial Aid Office may grant or deny any SAP appeal. The maximum number of appeals any student may normally have granted during the total of all their enrollment periods at CCMS is two (2). Under extreme circumstances, a third appeal may be granted, provided that the student has documented proof of the circumstances. In the case of a student who files a third appeal, the reasons for the student’s two previous appeals will be considered when making a decision. The student’s progress within their academic program will be a determining factor on the rare occasion when a third appeal is allowed.

SAP APPEAL REVIEW AND DECISION PROCESS: All appeals must be submitted in writing in paper or electronic form to the CCMS Financial Aid Office. Provide written, detailed information and documentation as requested on the Satisfactory Academic Progress Appeal Form. SAP Appeals will be reviewed by the CCMS Financial Aid Office.

If an appeal is denied by the CCMS Financial Aid Office and the student wishes to further appeal, the student may appeal that denial to the second level appeal designee. Note: Appeals to the second-level appeal designee that do not contain further explanation and new documentation of the extenuating circumstances will not be approved nor eligible for a second level review and cannot be appealed further.

Affected students will be provided with an electronic form to submit appeals and appropriate documentation.

Updated August 2024