New 15-16 Applicants (and current CIM students applying for a new program):
Students seeking need and merit financial assistance must complete the steps outlined below. Priority due date for 15-16 applicant aid request documents is February 15, 2015.
- Free Application for Federal Student Aid (FAFSA)
U.S. Citizens and Permanent Residents seeking need-based aid (work study, grants, and/or loans) must complete the online Free Application for Federal Student Aid (FAFSA) with CIM school code 003031. The FAFSA is required annually for any federal student aid, as eligibility for the programs is year-specific.
After the FAFSA has been processed, you will receive the results via the Student Aid Report (SAR). It is very important to promptly review the SAR, especially the comments section, for accuracy.
- CSS PROFILE
All CIM applicants seeking need-based aid consideration must complete the CSS PROFILE online at https://profileonline.collegeboard.com with CIM school code 1124. This applies to all categories of students: undergraduate/graduate and any country of citizenship (U.S. citizens/Permanent Residents/International applicants). The PROFILE is not required for subsequent years of study in the same program.
For more details about the PROFILE and the filing fee ($25 for first report, $16 for each additional school), please see the CSS Financial Aid PROFILE Student Guide. International students, please note that you will submit all financial data in your home currency and the PROFILE will do the conversion to U.S. dollars.
Once the PROFILE is submitted, you cannot make corrections online. If you discover an error, please print and hand write any corrections in the appropriate places and fax that copy to the CIM Financial Aid Office at 216-707-4519.
- Non-Custodial Parent Statement (Undergraduates only)
This form is to be filled out by an undergraduate student's noncustodial parent if parents are divorced, separated, or never married. CIM adheres to the principle that both parents, regardless of current marital status, have the responsibility for providing support for their child's education. Return the completed form (mail, fax, or email) to the CIM Financial Aid Office. This Statement is required for determination of financial aid eligibility. This form is not required for subsequent years of study in the same program. Click here for the 15-16 Non-Custodial Financial Aid form.
If you have minimal or no contact with your noncustodial parent, please submit the 15-16 Non-Custodial Waiver form.
PRIORITY DUE DATES:
- For applicants seeking admission beginning in the Spring 2015 semester, the 14-15 FAFSA and 14-15 CSS PROFILE are due 10/1/14. Spring applicants should have all aid request items at CIM by October 1, 2014. They should receive their admission decisions by November 1 and should confirm Intent to Enroll by December 1.
- For applicants seeking admission beginning in the Fall 2015 semester, these items are due 2/15/15, but cannot be submitted prior to 1/1/15. Be sure to file the appropriate 15-16 forms.
Additional Filing Information
For both the FAFSA and/or the CSS PROFILE, you do NOT need to have your 2014 tax return completed; you may estimate the AGI and tax paid figures to meet the 2/15/15 priority deadline. Please update your FASFA when the tax return has been finalized by using the FAFSA IRS Data Retrieval Tool. No federal need-based aid may be disbursed until the final 2014 tax return data is updated on the FAFSA through the IRS Data Retrieval Tool or a copy of an official IRS Tax Return Transcript is submitted to CIM.
If you miss the priority due date for the required financial aid documents, you may still submit them late, but be advised you may have significantly limited opportunities for aid consideration for all funds. Funding levels for many programs is limited and priority is given to those who meet all published priority deadlines. For newly admitted students, once the Intent to Enroll Form is signed (due April 15 for graduate students; due May 1 for undergraduate students) all CIM aid is final. If seeking any scholarship consideration, that must be final prior to confirming Intent to Enroll. We do not offer scholarships after Intent to Enroll is on file.
For the complete list of key dates and helpful tips for completing the financial aid application process, please view the Applicant Financial Aid Timeline.
CIM prepares aid offers for all admitted students who have completed applications by April 1. You will have until May 1 (April 15 for graduate students) to make your decision to attend CIM. Your requirements to confirm your intent to enroll will be detailed for you at that time.
Depending on the individual student, there may be additional items needed to complete the aid file, particularly for transfer students and international students currently enrolled at a U.S. school. All applicants will receive a student-specific e-mail from the CIM Financial Aid Office by mid January detailing what you will need to submit.
Merit Only Aid
CIM initially assumes all applicants seeking admission to CIM seek consideration for both Merit and Need based aid. However, a student may opt to be considered for Merit Only aid or for no aid at all.
Merit Only applicants may be offered only CIM Scholarship, which is awarded based upon our faculty reviews of the audition and CIM's anticipation of student potential in addition to test scores, GPA, letters of recommendation, etc.
If you prefer to apply for only merit aid (or no aid at all), you must submit the Need-Based Aid Waiver form. Upon receipt of this form, CIM will waive the aid application documents applicable to need based aid consideration.
15-16 Returning Students (in same program)
If you miss the priority due date for the required financial aid documents, you may still submit them late, but be advised you may have significantly limited opportunities for aid consideration for all funds. Funding levels for many programs is limited and priority is given to those who meet all published priority deadlines.
Before a student's scholarship will auto renew, the following items are due by 2/1/15:
- $100 Returning Student Tuition Deposit. This payment is applied as a pre-payment for the fall semester of the upcoming applicable award year. Graduate students who later decide not to re-enroll may have this deposit refunded until April 15; undergraduate students have until May 1. Such decisions not to return to CIM must be made in writing to the CIM Registrar's Office by the applicable deadline in order to receive a deposit refund.
- Intent to Re-Enroll / Aid Renewal Form. This form is required annually from ALL students returning in the same program, whether a scholarship/aid recipient or not.
- CIM Scholarships auto-renew at the same dollar amount for the normal duration of the program of study, assuming the student maintains a cumulative GPA of 3.0 or better, meets Satisfactory Artistic and Academic Progress criteria and submits all aid renewal requirements on time as requested by the Financial Aid Office. Only the CIM Scholarship auto-renews annually. All other aid requires annual FAFSA application and award amounts may vary year to year.
Annual consideration for Federal Grants, Work Study and Loans requires:
- Renewal FAFSA priority due date 3/1/15
All federal aid has year specific eligibility. Students returning in the same program must re-apply for these programs annually by submitting the FAFSA by March 1. Some federal programs have very limited funding and such funding fluctuates considerably to each school annually. Just because a student received an award from a fund one year does NOT mean it can or will be offered the next year, as the student's eligibility may change, CIM funding for that program may change, and the student's overall financial need as compared to the other students also seeking this form of aid may change. Each year, many students are not considered for Work Study or other limited funded programs simply because they did not submit the renewal FAFSA on or before March 1.
To complete the FAFSA, you do NOT need to have your 2014 tax return completed; you may estimate the AGI and tax paid figures to meet the priority deadline. Please update your FASFA when the tax return has been finalized by using the FAFSA IRS Data Retrieval Tool. No federal need-based aid may be disbursed until the final 2014 tax return data is updated on the FAFSA through the IRS Data Retrieval Tool or a copy of an official IRS Tax Return Transcript is submitted to CIM; if the student or parent is not required to file a 2014 federal tax return, the applicable Verification Form with copies of W-2, 1099 or other income sources must be reviewed.
For the complete list of key dates and helpful tips for completing the financial aid renewal process, please refer to the Returning Student Financial Aid Timeline.