Financial Aid

The Free Application for Federal Student Aid (FAFSA) typically opens on October 1 each year. However, for the second consecutive year, the FAFSA will be delayed. The 2025-26 FAFSA is scheduled to open to all applicants on December 1, 2024. For students planning to attend school in fall 2025 and do not currently have a Federal Student Aid account, one can be created one prior to the 2025-26 FAFSA launch. Additionally, the Colorado Application for State Financial Aid (CASFA) is delayed. The Colorado Department of Higher Education hopes to open the CASFA on December 1, 2024. Currently enrolled students who haven’t completed the 2024-25 FAFSA or CASFA, it’s not too late! As always, the Financial Aid Team at Colorado Mountain College is here to assist with any financial aid questions. We encourage students, staff, and counselors to drop into our General Virtual Advising Hours or schedule an appointment.

If you’re borrowing student loans, you need to be on top of your game. Here are a few things every borrower should be aware of: Loan Repayment: Make sure you understand your loan terms, including the interest rate and repayment plans. Don’t forget to explore options like deferment or forgiveness if needed—these can make a huge difference! Deadlines, deadlines, deadlines! Staying on top of deadlines is crucial. Whether it’s for financial aid, scholarships, or other important forms, missing a date can cost you money. Understand the fine print: Always read the terms and conditions of your financial aid award or loan offer so there are no surprises later. Look for more resources: Scholarships, employer tuition assistance, community aid—there are lots of options out there. Don’t stop with just the financial aid we offer. Need help? The Financial Aid Office is always here to guide you through the process. Don’t hesitate to reach out! For more details on student loans and repayment, check out this guide and log in for personalized info on your loans.

Fall is almost here! Are you ready? If you haven’t sorted out your financial aid yet, there’s still time. Here’s what you need to do: Haven’t received your financial aid offer yet? Log in to Basecamp and check your Financial Aid Self Service portal. There might be actions you need to take—don’t wait! Has your financial situation changed? If you or your family have gone through something big—like a job loss—you might qualify for a Special Circumstances Appeal. Reach out to the Financial Aid Office to see if you can adjust your aid. Qualified for work-study? If you’ve been awarded work-study, it’s time to start looking for a job! Check out the available positions [here] and email the Work-Study Team at workstudy@coloradomtn.edu to let them know which one you’re interested in. Get ahead of the game and start earning some extra cash this semester!