Award Terms and Conditions

  1. Student understands that state and federal aid are based on budget appropriations and awarded as directed by the state and federal governments, respectively. These awards are subject to change until final state and federal budgets have been approved. State awards include the Bright Flight and Access Missouri grants. Federal awards include the SEOG, Pell grant, Perkins loan, direct loans, PLUS loans, and work study.

  2. Student understands that his/her aid eligibility is based on the financial information provided by them and/or their family and is subject to adjustment or cancellation if errors are discovered.

  3. Student understands that their award is based on the assumption he/she will remain enrolled for 12 or more hours each semester. Adjustments will be made for part-time enrollment.

  4. Student agrees to notify the Office of Financial Assistance of the sources and amounts of any financial assistance which he/she may receive from other sources. Student further understands that if additional assistance reduces financial need, an adjustment in his/her award may be necessary.

  5. Student understands that in order to receive financial aid he/she must be making satisfactory academic progress toward a degree. (A copy of this policy is available in the university catalog or from the Office of Financial Assistance.)

  6. CLAS Student understands that if he/she receives institutional aid (Fayette campus students only) he/she must meet the following criteria: be enrolled full time and reside in campus housing unless, before the first day of the semester's classes, or they are [1] married, [2] the custodial parent of a minor child living with them, [3] over 21 years of age, [4] in the fifth year of college or the ninth full time semester, or, [5] living with parent in the parent's primary residence within 35 miles of Fayette. Transfer students who have attempted and successfully completed three full time semesters of academic credit entering CMU in a spring semester or four full time semesters of academic credit entering CMU in a fall semester are exempt from the on-campus housing requirement for institutional aid. All international freshmen or transfer students, including those transferring from another U.S. institution, must live in an on-campus residence hall for a minimum of one year, and thereafter must meet one of the other exemptions to live off campus. Social sanctions determined by the Office of Student Development could result in the loss of my institutional aid.  

  7. CLAS Student's acceptance of a particular type of institutional aid, such as a scholarship, authorizes the Office of Financial Assistance to release information that may be requested by the donor.

  8. Student understands that his/her financial aid may be impacted if he/she withdraws from Central Methodist University after receiving financial aid, but before the end of a term. Student may need to repay a portion of their financial aid to comply with federal regulations (Return to Title IV regulations).

  9. Student understands that if financial aid includes an estimated type of aid, he/she must take additional action before the aid will be final. Further, the student understands that no funds will be disbursed from these aid types until all of the required paperwork has been completed.

  10. Student understands that if a loan is accepted he/she will be required to complete Entrance Counseling and a Master Promissory Note. Student is fully responsible for repaying all loans and meeting all other terms and conditions of the loan. (More detailed information on the terms of Direct loans may be obtained from the Office of Financial Assistance or can be found here.)                                                                                                                 
  11. CLAS Students receiving third party assistance (ie. Military, ROTC, etc.) may have institutional scholarship reduced to CMU actual expenses.                                                                                                                                                                                                                                                                                          
  12. Financial aid disbursements all aid types for CLAS students are made after attendance in classes has been confirmed following the close of the add/drop period at the beginning of each semester (assuming all financial aid documentation is completed). The disbursement for CLAS students typically occurs the second Tuesday after classes begin. Loan disbursements for first-time borrowers are not made until 30 days after the start of classes. Student completing their financial aid documentation after the main disbursement date for CLAS are disbursed aid as soon as possible after the financial aid award letter is electronically signed by the student.                                            
  13. Financial aid disbursements of Pell, SEOG, and half of the Direct loan award for CGES students are made after attendance in classes has been confirmed following the close of the add/drop period at the beginning of each semester (assuming all financial aid documentation is completed). The disbursement for CGES students typically occurs the second Wednesday after classes begin. Loan disbursements for first-time borrowers are not made until 30 days after the start of classes. Student completing their financial aid documentation after the main disbursement date for CGES are disbursed aid as soon as possible after the financial aid award letter is electronically signed by the student. Second disbursements of Direct loans and the Access Missouri Grant are made the after the confirmation of attendance during the second module of the semester.                                                   
  14. Students eligible for Title IV aid may qualify to receive a book voucher before the seventh day of the payment period (semester), which can be used to purchase books and supplies. Information on how to obtain a book voucher can be found here. Students are not required to obtain a book voucher.                                                               
  15. Students who receive federal work student or CMU work study should review all of the terms and conditions of employment found on the Work Study agreement and here.                                                                                                                       
  16. Students who have received Direct Loans and graduate, withdrawal, or cease greater than half-time enrollment must complete Exit Counseling. Exit counseling information will be provided by the Office of Financial Assistance and can also be found here.

Students Convicted of Possession or Sale of Drugs

A federal or state drug conviction can disqualify a student from Federal Student Aid funds. The student self-certifies in applying for aid that he is eligible; a student is not required to confirm this unless there is conflicting information. Student Aid Eligibility Worksheet for Question 23pdf

Convictions only count if they were for an offense that occurred during a period of enrollment for which the student was receiving Title IV aid—they do not count if the offense was not during such a period. Also, a conviction that was reversed, set aside, or removed from the student’s record does not count, nor does one received when she was a juvenile, unless she was tried as an adult.

The chart below illustrates the period of ineligibility for FSA funds, depending on whether the conviction was for sale or possession and whether the student had previous offenses. (A conviction for sale of drugs includes convictions for conspiring to sell drugs.)

  Possession of illegal drugs Sale of illegal drugs
1st Offense 1 year from date of conviction 2 years from date of conviction
2nd Offense 2 years from date of conviction Indefinite period
3+ Offenses indefinite period indefinite period
 
©