Financial Aid Process The student is considered for financial aid, funded by the programs described above, on a basis of financial need and the amount of monies available for funding. The resulting determination, or award, is communicated to the student in the form of a financial aid “offer”, which the student is free to refuse in whole or in part. However, refusal will not result in the reconsideration of the manner in which a student’s aid has been proportioned between grant aid and loan aid. Enrollment Verification: At the start of each semester, the Registrar’s Office performs an enrollment verification on each student. As part of the financial aid process, each student applying for financial aid indicates on the Financial Aid Information Form what they plan on taking for credit hours for the coming academic year. Some financial aid (Pell Grant, State of Maine Grant Program) is based partly on the number of student hours and student status – part-time (at least 6 credit hours), three-quarter-time (9 credits), or full-time (12 credits or more). The Enrollment Verification Process verifies the number of credit hours for each semester. If the student is taking less credit hours than indicated and they are receiving this type of award an adjustment to their financial aid may be necessary. Disbursement Process For grants and loans from all programs, two equal installments of the aid will be credited to the student’s account. Any remaining balance at each term will be payable by the due date on the term bill. When all College charges have been provided for, and a credit balance arises, the student will receive a cash refund (allowing 14 days after the first day of classes each semester, except first time borrowers) to meet education expenses that are outside of the College’s charge structure, such as the tuition for outside educational courses. Other Considerations: Colleges generally do not have resources adequate to meet all the financial needs demonstrated by financial aid applicants. Therefore, students are strongly encouraged to seek outside aid from organizations concerned with such matters. While not an all-inclusive list, Central Maine Medical Center College of Nursing and Health Professions students have received grants from: high schools, church groups, community/hospitals/hospital auxiliaries, Dollars for Scholars, civic-minded fraternal and professional organizations (American Legion, Kiwanis, Elks, Lions, Odd Fellows, Rebekahs, Auburn Exchange Club, etc.). A number of students may qualify for government funds. Veterans and/or dependents may be entitled to certain VA benefits. The College is responsible for administering significant amounts of financial aid, including public funds, distributed under several federal student aid programs. The applicant and the applicant’s parents or legal guardians must supply accurate and complete information for the Free Application for Federal Student Aid (FAFSA), the “CMMC College of Nursing and Health Professions Applicant Information Sheet”, and the CMMC College of Nursing and Health Professions Financial Aid Transcript” (for transfer students only). Students that have filed all required financial aid documentation with the College’s Financial Aid Office, will have their financial aid awards credited to their accounts. Willful falsification or omission of information is a criminal violation, punishable under Maine and federal laws, the latter when the student is the recipient of federal loans and grants. Intentional falsification or omission of information will result in withdrawal of all College aid, and repayment of any assistance that has been granted.