Overview of the Financial Aid Process
The U.S. Department of Education Office of Federal Student Aid explains how completing the FAFSA gives you access to grants, loans and work-study funds.
The Financial Aid Process
The FSA ID has replaced the former PIN. If you have a Federal Student Aid PIN, you can enter it and link it to your new FSA ID.
- 91Èȱ¬'s school code is 021829.
- For assistance, call the FAFSA hotline at 800-433-3243.
Note: If you receive any assistance not listed on your offer (such as a scholarship from an outside organization), you must notify us of this additional resource.
All new students must complete entrance loan counseling before loans are awarded. This is a federal requirement, even if you borrowed from other schools.
For assistance, call Direct Loan Applicant Services at 800-557-7394.
Financial Aid Verification
Any student, chosen either by the federal government or the Financial Aid Office, may undergo verification. This process enables financial aid counselors to cross-check the information from your FAFSA with the documents you supplied for accuracy.
Awarding Policies
You will receive a financial aid offer for the academic year.
Accepting your award: No formal acceptance is required; it's assumed you accept the full package unless you notify us otherwise. Pay attention to the award letter for important steps.
Declining your award: Email your financial aid counselor from your 91Èȱ¬ email to decline any part of your award.
Reduction in Enrollment
Reducing your course load may result in a reduction or cancellation of your aid.
How Funds are Disbursed
- Financial aid awards are typically posted to student accounts on the Monday following the Add/Drop deadline.
- Please note that loan agency disbursements may take 10-14 business days to reach 91Èȱ¬.
- Federal funding is received and processed by the college on Mondays.
- Once posted, 91Èȱ¬ has 14 business days to issue refunds for any eligible excess funds.
Additional Financial Aid Options
Contact the Financial Aid Office
500 Rutherford Ave.
Boston, MA 02129
SFS@cambridgecollege.edu
Hours
Monday through Friday
9:00 a.m.–5:00 p.m. (EST)