Financial Assistance

Cambridge believes that students and their families have the primary responsibility for educational costs. However, we realize that many families are unable to immediately fund the entire cost of education. To that end, Cambridge participates in Federal Title IV financial assistance programs to aid students who qualify in meeting the cost of attending school. Many Cambridge students supplement Title IV aid with other financial assistance programs such as employer reimbursement, veteran benefits, agency sponsorship, and other educational financing sources. A student can enlist the help of the financial aid department if assistance is needed to obtain supplemental aid.

Cambridge participates in the Federal Financial Aid (Title IV) Program which is available for those students who qualify. Some of the frequently used financial aid programs are:

  • Pell Grants
  • FSEOG
  • Direct Subsidized Stafford Loans
  • Direct Unsubsidized Stafford Loans
  • Direct PLUS loans for parents of qualified dependent students
  • Florida Student Assistance Grant (FSAG)
  • Florida Bright Futures Grant
  • Workforce Investment Act (WIA)
  • 529 Prepaid College Plans
  • Veteran Benefits
  • Scholarships

Financial Aid Eligibility Requirements

A complete list of student eligibility standards and conditions may be found in The Student Guide, as published by the following U.S. Department of Education Financial Aid website at www.studentaid.ed.gov.

Application to Receive Financial Aid

All students must apply for financial assistance by completing a Free Application for Federal Student Aid (FAFSA) at FAFSA.ed.gov and by submitting appropriate documentation to the institution and financial aid department.

The Financial Aid Department maintains adequate records to ensure proper administration of aid funds through use of the Campus Management software system. This includes ensuring that aid given is not in excess of need and or the cost of attendance, annual and aggregate limits, limited to enrollment status and satisfactory academic progress.

When a student completes the FAFSA and submits any required documents, the Financial Aid Officer will send the student an estimated award letter.

Selection of students to receive financial aid will be made without regard to age, sex, race, color, religion, sexual orientation, national origin, disability or marital status.

The Guide to Federal Student Aid 2016-17