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Tuition assistance and financial aid is available, and there are a variety of grants, loans, scholarships, and other options available. These programs are designed to help applicants provide Title IV to continue their education. Financial Aid is available for those who qualify.
Financial
Aid Procedures
CMVC Financial Aid officers assist the student with f nancial planning. To apply for f nancial aid, students must complete the Free Application for Federal Student Aid (FAFSA).
Grants
Loans
Scholarships
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Applying for Financial Aid
CompuMed Federal School Code is 031086.
Some documents needed to apply for Federal Financial Aid:
01
Your Social Security number (it is important that you enter it correctly on the FAFSA). NOTE: when completing the FAFSA, the name must be the same as shown on your social security card.
02
Your parents’ Social Security numbers if you are a dependent student.
03
Your driver’s license number if you have one.
04
Your Alien Registration Number if you are not a U.S. Citizen
05
Federal tax information or tax return transcripts including IRS W-2 information, for you (and your spouse, if you are married), and for your parents, if you are a dependent student. We recommend completing your taxes first. Use the IRS Data Retrieval Tool if you are eligible when completing the FAFSA. Using this tool may lower your probability of being selected for verification and providing additional documents for that process.
06
Records of your untaxed income, such as child support received, interest income, and veterans' non-education benefits, for you, and your parents, if you are a dependent student (if applicable).
07
Information on cash; savings and checking account balances; investments, including stocks and bonds and real estate but not including the home in which you live; and business and farm assets for you, and for your parents if you are a dependent student (if applicable).
08
Create an FSA and Password – You will use your FSA ID every year to
fill out a FAFSA and/or Federal Student Loans. You can create your FSA ID and
password at www.studentaid.gov.
If you already have one, please make sure your personal information is up to
date.
If you are a DEPENDENT student, have a parent create an FSA ID too.
Steps to complete the FAFSA
Types of
Financial Aid Program
Title IV is an entitlement program, designed to assist those who need it to attend a post-secondary educational institution. Pell Grants are designed to be the floor of a Financial Aid package and must be combined with other forms of aid to meet the full cost of education. The Title IV entitlement amount is determined by the cost of education at the institution attended and the actual number of credits for which enrolled. One must reapply annually for Title IV consideration. Students must be enrolled in an eligible degree or certificate program. For further information on Title IV filing, check with the Financial Aid Office. Aid comes in a variety of ways and chances are you might have more options than you think. Aid can come in the form of grants and loans. We also encourage you to research other tuition assistance resources, such as need and merit-based scholarships and employer tuition reimbursement.
Grants
Limited to students in an undergraduate program who have financial need and have never
earned a baccalaureate degree. This aid does not have to be repaid in most cases
Federal Pell Grant - Grants may be awarded if you show financial need
based on the Free Application for Federal Student Aid (FAFSA). This is a need-based
federal grant program for students who are seeking their first undergraduate degree.
Federal Supplemental Educational Opportunity Grant (FSEOG) - This is a
need–based federal grant awarded to undergraduates seeking a first undergraduate degree
in an eligible program who have exceptional financial need. Limited funding is available
in this program and awarded first come–first served. Recipients are chosen based on EFC
(Expected Family Contribution) and application date, and funds are usually not available
to late applicants. Initial awards are estimated based on the results of the FAFSA and
assume a full-time enrollment.
Federal Direct Loan
Federal Loans are established and supported by the federal government and the Department
of Education serves as a lender. Applicants must first apply for the Free Application
for Federal Student Aid (FAFSA). ALL FEDERAL DIRECT LOAN MUST BE PAID BACK. Repayment
begins 6 months after you leave school or drops to less than half-time status. To
receive any loans must enroll at least 6 credits each term toward a degree program. A
Master Promissory Note and Entrance Counseling are required. To learn more please visit
https://studentaid.gov/understand-aid/types/loans/subsidized-unsubsidized
Direct Subsidized Loans - are loans made to eligible undergraduate students
who
demonstrate financial need to help cover the costs. The government will pay the interest
while you are enrolled in school.
Direct Unsubsidized Loans - are loans made to eligible undergraduates, but
eligibility
is not based on financial need. The student is responsible for paying the interest while
in school and after.
Direct PLUS Loans - are loans made to parents of dependent undergraduate
students to
help pay for education expenses not covered by other financial aid. Eligibility is not
based on financial need, but a credit check is required. Parents of dependent students
may borrow on behalf of their children. Parents loans must be repaid over a 10-year
period with interest beginning 60 days after disbursement.
Other Types of Aid
• Florida Student Assistance Grant (FSAG) - The Florida Student Assistance
Grant (FSAG)
Program is a need-based grant program available to degree-seeking, resident,
undergraduate students who demonstrate substantial financial need and are enrolled in
participating postsecondary institutions.
• Florida Bright Futures Scholarship - Bright Futures awards include:
Florida Academic
Scholars award (FAS), Florida Medallion Scholars award (FMS), Florida Gold Seal CAPE
Scholars award GSC (Gold Seal CAPE)) and the Florida Gold Seal Vocational Scholars award
GSV (Gold Seal Vocational). For more information please (see Bright Future Handbook).
• Vocational Rehabilitation - CMVC is approved by the US Department of
Vocational
Rehabilitation (DVR). Students approved by DVR will have their tuition and fees
subsidized by DVR.
• 529 Florida PrePaid College Plan
• Scholarships
Cost of Attendance
DEGREE PROGRAM
The cost per credit for a General Education / Pre-Requirement is $395.00 and for a Nursing credit it is $700.00. Also, there is a registration fee of $150.00 and a $30.00 textbook fee that is charged with each credit. Both fees are non-refundable. Also, included in the tuition is the Basic Life Support course, background, and drug screen fees held with CMVC. Students are responsible for any titers or vaccines that the clinical site may require. Students will be given one (1) uniform, pen light, and stethoscope before the start of their clinical rotations.
Helpful Links
FAFSA – https://studentaid.gov/h/apply-for-aid/fafsa
Federal Direct Loan - https://studentaid.gov/mpn/
Entrance Loan Counseling – https://studentaid.gov/entrance-counseling/
Online CMVC Financial Aid System -
https://compumed.campusivy.com/apps/core/account/login
The Financial Aid System allows you to see: General financial aid important information,
Awards, Loans and loan history and Access forms
TFC Tuition Funding – manage payments
options https://www.tfcstudentinfo.com/UserAccount/Login
Additional Resources for Students
How to Fill Out the Free Application for Federal Student Aid (FAFSA®) Form
How to Create an Account and Username (FSA ID) for StudentAid.gov
Annual Student Loan Acknowledgment –
https://studentaid.gov/asla/
Federal Student Aid ID – https://studentaid.gov/help/create-fsa-id
Ombudsman website –
http://studentaid.ed.gov/sa/repay-loans/disputes/prepare/contact-ombudsman
Voter registration information – https://registertovoteflorida.gov/home
CMVC Ascendium
Information for Students
Ascendium is a free service available to all CMVC students. An Ascendium Student Loan Counselor may contact you directly to talk about your loan repayment. You may also contact an Ascendium Student Loan Counselor for FREE at or email them at:
Financial Aid Frequently
Questions & Answer
A - Financial aid is funding at the state and federal level that helps students pay for education. There are many kinds of financial aid, including grants, loans, and scholarships.
Q – How do I apply for Financial Aid?
A - Completing a Free Application for Federal Student Aid (FAFSA)
Q - What is CompuMed Vocational Career Federal School Code and Address:
A – 031086 and Hialeah
Q -How do I transfer my financial aid information from another institution to CompuMed Vocational Careers (CMVC)?
A -You will need to update the Title IV code number to 031086, add CompuMed Vocational Careers name and address (Hialeah)on your Student Aid Report (SAR). To do this you can:
-Visit the FAFSA website and select FAFSA on the Web. Then click on “Make Corrections to a Processed FAFSA”.