2017-2018 Catalog

Financial Aid Application Instructions

At CF, a student must apply for financial aid for each academic year in which they attend school, as well as:

  1. Be degree-seeking or certificate-seeking in an eligible program at CF.
  2. Provide the Office of Admissions and Records with an official copy of the student's high school transcript or GED and, if the student is a college transfer student, provide an official copy of your transcript from each institution attended. Transfer course work must be evaluated before an award can be made.
  3. After Oct. 1 each year, a student should complete the Free Application for Federal Student Aid and submit it to the federal processor. CF's federal school code is 001471. In order for CF to process a student's financial aid, this school code must be included on the FAFSA. The student may submit the FAFSA online at www.fafsa.ed.gov (allow at least two weeks for processing). Students who are submitting a FAFSA for the first time will need to create an FSA ID at https://fsaid.ed.gov prior to completing the FAFSA.
  4. Research and apply for CF and other local and national scholarships.

Verification: The U.S. Department of Education requires that some applications be reviewed for accuracy through a process called verification. If a student is selected for this process it will be specified on the Student Aid Report that is sent to the student from the federal processor. The student will also be notified by the college on the MyCF student portal and through the mail or by email. If selected for this process the student will be required to turn in additional documentation. The student's financial aid file will not be considered complete and ready for verifying until all missing eligibility information has been received and processed. The student will not receive an award notification until verification is completed. This process can take from one to four weeks depending upon how quickly the student submits accurate and complete information and documents. Students are strongly encouraged to use the IRS Data Retrieval Tool to report income information, since usage of the tool can significantly streamline the verification processing time.

Federal eligibility matchesThe federal processor matches a student's name, date of birth and Social Security number with a variety of federal agencies. Agency matches are performed on the files of the Social Security Administration, Department of Homeland Security, Selective Service, Veterans Administration and the National Student Loan Data System. If any discrepancies or questions about a student's information occur, the student will be asked to provide additional documents or take additional action to confirm eligibility for federal assistance. The federal processor will notify the student on the Student Aid Report of the results of these matches and whether additional information is required in order for the student's application to be processed. The institution notifies the student by requesting documentation.

Please visit the student portal and view the Missing Documents link from the Financial Aid Tab for any required documents needed.

Determining Need for Financial Aid

After the student submits the FAFSA, the U.S. Department of Education will analyze the information provided on the FAFSA and will send out a Student Aid Report, SAR. The SAR may request additional information and/or will assign a number called an Expected Family Contribution, EFC. The EFC is the amount the student and his or her family should be able to pay toward the cost of education. Family contribution consists of expected parental contribution and/or student contribution, depending upon the student's classification as dependent or independent. The federal need analysis formula used by the federal processor to determine the amount of each applicant's expected family contribution takes into account the family's/student's income and assets, employment costs, living expenses, taxes, family size, and the number of family members in college. Dependent students must also help pay their educational costs from their resources, such as savings, prior-year income, benefits, and/or employment.

The Financial Aid Office will use the EFC to determine the amount of financial assistance. Review the SAR and if changes are necessary, the student should make corrections electronically using the student's FSA ID at: https://fsaid.ed.gov. The corrected SAR will be used to determine the student's award for the Federal Pell Grant and other need-based aid.

Cost of Attendance - Expected Family Contribution = Financial Need

Average Cost of Attendance

Cost of Attendance includes tuition and fees, books and supplies, housing, meals, transportation, and personal items. A student's EFC and the resulting financial need are used to determine the student's eligibility for financial aid awards. The estimated expenses below are based on the average cost of most CF credit programs at 12 credit hours per semester for two semesters.

College Credit Coursework
In-State Living With Parents
Tuition/Fees* $2,568
Books and Supplies $1,400
Room and Board $936
Transportation $1,922
Personal/Miscellaneous $1,800
Total Budget $8,626
In-State Living Away From Parents
Tuition/Fees* $2,568
Books and Supplies $1,400
Room and Board $6,759
Transportation $1.922
Personal/Miscellaneous $1,800
Total Budget $14,449
Out-of-State Living With Parents
Tuition/Fees* $10,128
Books and Supplies $1,400
Room and Board $936
Transportation $1,922
Personal/Miscellaneous $1,800
Total Budget $16,186
Out-of-State Living Away From Parents
Tuition/Fees* $10,128
Books and Supplies $1,400
Room and Board $6,759
Transportation $1,922
Personal/Miscellaneous $1,800
Total Budget $22,009


Vocational Coursework
In-State Living With Parents
Tuition/Fees* $2,064
Books and Supplies $1,400
Room and Board $936
Transportation $1,922
Personal/Miscellaneous $1,800
Total Budget $8,122
In-State Living Away From Parents
Tuition/Fees* $2,064
Books and Supplies $1,400
Room and Board $6,759
Transportation $1.922
Personal/Miscellaneous $1,800
Total Budget $13,945
Out-of-State Living With Parents
Tuition/Fees* $8,256
Books and Supplies $1,400
Room and Board $936
Transportation $1,922
Personal/Miscellaneous $1,800
Total Budget $14,314
Out-of-State Living Away From Parents
Tuition/Fees* $8,256
Books and Supplies $1,400
Room and Board $6,759
Transportation $1,922
Personal/Miscellaneous $1,800
Total Budget $20,137

*Tuition and Fees are subject to change. Additional fees will apply for baccalaureate level courses.