Financial need is the difference between your family's ability to contribute to your education and the cost of attending college determined by reviewing the information you submit on the Free Application for Federal Student Aid application, available through high school guidance offices or college financial aid offices. First time applicants who are interested in applying for aid must also file an application available through the Admissions or Financial Aid offices. The Caldwell College federal code when applying for aid is 002598. Award notifications and supplemental information are sent to the students for acceptance and completion. Students who have completed the process in prior years will receive a pin number to use for future on-line application and the ability to check their federal aid accounts.
Aid is credited on a semester basis.
Students are billed by semester and all bills must be paid on the date specified or students are subject to a late fee. Those students expecting financial aid who have their papers in order may have their aid deducted directly from their bill. If students find that expected aid has not been deducted they may do so, but be prepared to pay if any reduction in aid occurs as the result of file review. Students also will be sent literature about the monthly payment programs that are available. Changes in financial circumstances often make it necessary for a financial aid application to be updated and re-evaluated.