What is Financial Aid?
Financial aid is any form of assistance that comes from some organized body that assists a student with the costs of attending college. These forms consist of federal, state, institutional and private funds that are used to assist students in funding their education. Scholarships and grants are “free money “ that you do not pay back, however loans are considered as self-help and you are required to pay them back when a student becomes enrolled less than half-time or graduates. When you seek aid, we will consider you for all forms of aid available.
Step 1: Complete the online Free Application for Federal Student Aid (FAFSA). You will need to use CBS school code 0034224. Once you have completed the FAFSA and it has been processed by the Department of Education, your information will be forwarded to the Office of Financial Aid at CBS. You will also need to complete a supplemental application called the CBS Financial Aid Application. This application will be provided to you online.
Step 2: Once CBS receives your FAFSA information, we may need additional paperwork, such as a Verification Worksheet and tax information. We will contact you by the email address you listed on the FAFSA if we need this additional paperwork.
Step 3: After all paperwork is complete, the Office of Financial Aid will determine your final financial aid eligibility. We will send you an Official Award Letter to the email address listed on the FAFSA. Please log in at myfa.cbshouston.edu to view the award letter and accept or decline the awards listed.
Step 4: If you accepted student or parent loans on your award letter, please complete the loan application as directed by the award letter. You can complete the loan application at www.studentloans.gov. Students will need to complete the Stafford Entrance counseling as directed by the award letter before the loan can be approved. The entrance counseling can be completed by visiting Mapping Your Future.
To learn more about FAFSA, please click on the link Common FAFSA Mistakes
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Still have questions? Click here to view our frequently asked questions.
It is important to stay up-to-date with financial aid regulations and guidelines. Click here for important federal updates regarding financial aid.
Monday, March 09, 2015: