This site uses Flash. You may not have the latest version of the Flash Player installed. Download the free Flash Player.
 

Financial Assistance

Realize your Potential

Title IV Federal School Code: 002064

Contact Us

College of Southern Maryland
Financial Assistance (FAD)
fadasst@csmd.edu
8730 Mitchell Rd
PO Box 910
La Plata, MD 20646-0910
301-934-7531

Financial Assistance

Applying for Assistance

Application for assistance must be submitted each academic year. Renewal of assistance is not automatic.  All applicants must adhere to the following procedures:

Step 1 - Apply for admission (Click here to complete the Admissions Application)
Applicants for financial assistance should first apply for admission to the college. No financial assistance can be awarded until a student has been accepted for admission. Students should also take any applicable skills assessment surveys and see an academic advisor to choose an eligible degree or certificate program and complete a Program Planning Sheet.

Step 2 - Complete the Free Application for Federal Student Aid (FAFSA)
The FAFSA is used to determine a family's eligibility for financial assistance.  Please list CSM's, Title IV Federal code 002064, in the appropriate box on the FAFSA.  This is a yearly process. You are encouraged to apply online at:  www.fafsa.ed.gov.  

 

 

Hard copies of the FAFSA are available by download on the FAFSA website.  If you have difficulties with obtaining the form please contact the FAD office.   Please be aware, however, that completing the FAFSA in this manner will take additional time to process the form.

For the 2013-2014 Academic Year (Fall 2013, Spring 2014 and Summer 2014) complete the  2013-2014 Free Application for Federal Student Aid.

Notice:  FAD has been notified that students are using CSM FAFSA codes other than 002064.  Please be aware that by doing so, CSM will not receive your FAFSA for 2013-14.   For CSM to receive a copy of the FAFSA for next year, you need to use 002064 as the federal code.

Step 3 - You should receive a Student Aid Report (SAR)
The SAR is the result of the FAFSA and indicates your potential eligibility for the Federal Pell Grant and other types of assistance.  Check the SAR for accuracy, and see if CSM's Title IV Federal code is listed on it as a school who will receive your application.   

When the above three steps have been completed and all forms received, the student's application is evaluated.  Students are notified by mail of any action to be taken. This may include a process called Verification.

Step 4-  What to do if you are selected for Verification.

Verification is the process in which the Department of Education randomly selects approximately 30% of a school's FAFSA application population for review. No Financial Aid can be awarded until this process is completed. Students will be notified by mail and their myCSMD account of the required documents.


Do not send any Verification Documents to the Financial Assistance Department until notified to do so.

If selected for verification, students must, at a minimum, submit:

  • Verification Worksheet for appropriate year -- completed and signed
  • Tax Return Transcript for the student and parent(s), if the student is Dependent, or spouse if student is Independent (due to new federal regulations, copies of the 1040/1040A/1040EZ will NOT be accepted). For information on how to order a tax return transcript, click here.                                                                                                           
  • Note: If a student (and parent, if Dependent) uses the IRS Data Retrieval option when completing the FAFSA and makes NO changes to the tax information, a tax transcript will not be required.    
  • All W-2's for the  tax year for student and parent(s), if student is Dependent, or spouse if Independent  
  • All Schedules C, E, or S for the tax year for the student and parent(s) if Dependent, or spouse if Independent  
  • The final LES of the tax year for the parent(s) if a Dependent student, or the student and/or spouse if Independent, if applicable    
  • All 1099's for the tax year for the student and parent(s) if Dependent and spouse if Independent 
  • If an amended tax return was filed, a signed copy of the 1040X filed with the IRS will be required in addition to the Tax Return transcript or signed copy of the original tax return filed with the IRS.
  • Additional Documentation may be required
To check on the status of a student's financial assistance application, log in to myCSMD, follow the link to Online Services, select Current Students, and click on My Documents under "Financial Assistance" to view documents required. 

Students should respond immediately to any and all requests from the Financial Assistance Department for information to prevent delays in processing. The verification process can take up to 6 weeks from the date the final document is received.

 

Important Dates

March 1 is the priority deadline for all types of financial assistance at CSM.  Applications will still be accepted after this date, but applicants meeting the deadline will be considered first.  After the priority deadline, applications are accepted continuously, and awards are made as long as funds are available.

You must complete the admission process.  Students should submit the FAFSA between January 1 and March 1 to meet our priority deadline of March 1.  This allows time for FAD to process the FAFSA and determine your eligibility for financial assistance.   

Students submitting the FAFSA after March 1 are processed on a "first come, first serve" basis.  "Estimated" processing time of the FAFSA varies depending on the form status:


 Status                                                 Estimated Processing Time
 FAFSA is complete    2 weeks 
 FAFSA rejected when processed   2-3 weeks
 FAFSA data must being verified   4-6 weeks
 Family not responding to FAD request   6 or more weeks

 

Please Note:  Applying for a federal educational loan requires additional forms and will add 2-4 weeks to the processing time; your personal data must be up to date at CSM (phone number, email address, mailing address).

 

Eligibility and Selection Criteria
Financial assistance at CSM is awarded without regard to sex, age, race, creed, or handicap. Eligibility for certain programs may be restricted by citizenship status, residency, or enrollment status.

The basic criteria for award selection are financial need, academic record, and/or the special skills or aptitudes of the student. Awards may be adjusted due to changes in funding or the academic status of the student. Also, financial assistance may be discontinued if the student is not making satisfactory academic progress according to the standards of the college.  Per Department of Education guidelines, students who are currently enrolled in elementary or secondary school are not eligible for aid from the Federal Student Aid Programs.

Notification of Awards

Once all required documents have been submitted to, and reviewed by the Financial Assistance Department, students will receive notification of the financial assistance awards.  The notification process starts approximately June 15th.  Students will be able to view their financial assistance award online through their myCSMD account.

 

Cost of Attendance

The Financial Assistance Department creates average financial aid budgets that include:

  • Tuition and fees
  • Books and supplies
  • Room & board (living expenses)
  • Transportation cost
  • Personal expenses
These budget items added together make up the Cost of Attendance.  The CSM Financial Aid Cost of Attendance sheet reflects an average cost for a student attending full-time.  Full-time enrollment is 12 or more credit hours per semester, for our 9-month academic year.