Financial Assistance

The CMIC program is set up to utilize multiple sources of financial assistance for students in order to leverage the $7,500 per student training funds.  The CMIC funds are available to pay for computer science courses.  Training funds are not available for general education courses, except pre-requisite courses to CPP and CIS courses (i.e., mathematics (excludes remedial level) and physics).  You will be encouraged to utilize multiple forms of financial aid (listed below in order of application to the student’s account):

1.   FAFSA – All CMIC participants are required to complete a FAFSA application.

2.   Pell Grant – The CMIC grant requires that 100% of the participants meet the low-to-moderate income (LMI) level for our geographic region.  As a result, these students will be encouraged to apply for a Pell Grant which will be utilized before other forms of financial assistance are applied to their student account.  Pell (federal) funds may be used for general education courses whereas the CMIC training funds will be applied to computer science courses only.  If Pell Grant funds are used, the student must comply with the academic progress policy of this grant.

3.   CMIC Training Funds – Each CMIC participant is eligible to receive up to $7,500 maximum amount per student to assist with tuition of computer science courses only.  These funds are used for tuition and applicable fees only and paid directly to the institution.  Payment of CMIC funds to students is not allowed.  Reimbursable fees include any fee that is specific to a course (i.e., lab fee).  Fees that are applied to all courses and students are not applicable and must be paid by the student (i.e., health insurance (if not waived), technology, activity, building maintenance, etc.)  If a student chooses to complete the Associate of Applied Science Degree in Computer Programming at STC and immediately pursue the Bachelor of Science Degree in Computer Information Systems at LU, the training funds will be split equally between each institution.

4.   A+ Funds – CMIC participants enrolling in the Associate of Applied Science Degree in Computer Programming at STC will be encouraged to utilize A+ funds for their tuition if they are eligible.  CMIC training funds are available for computer science courses only.  LU is not eligible to receive A+ funds since it is a 4-year institution.

5.   Student Loans – As a last resort, CMIC participants may use student loans based upon their eligibility.  Each participant should work with either LU or STC Financial Aid offices to complete the loan application process.

6.   Internships – Applied learning experiences are an integral part of the CMIC program.  Each student will be required to participate in these internship opportunities.  The money earned during internships could be used to offset tuition expenses.  College credit is awarded for internships and billed at the regular tuition rate.

7.   Dual Credit (if applicable) - As a CMIC participant, students are encouraged to enroll in general education courses required for the selected degree plan through dual credit (if applicable).  Utilizing the reduced dual credit tuition rate will reduce the total cost of the degree.  Financial assistance is not available for dual credit tuition.  Students wishing to enroll in dual credit courses must meet the Missouri Department of Higher Education’s guidelines for admission.

All students will be required to complete a LMI verification form to document the LMI requirement. 

 

CMIC funds will pay for:

  • Tuition and Course Specific Fees for Computer Science Courses

 

CMIC funds will not pay for:

  • Tuition and Fees for General Education Courses
  • Institutional fees applied to all courses and students (i.e., health insurance (if not waived), technology, activity, building maintenance, etc.)
  • Admission Fees
  • Books
  • Supplies
  • Housing and/or Meal Plans
  • Software
  • Computers

 

 

 

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