Financial Aid Information for Parents
The parent contribution is a central component to helping students meet their educational expenses. While undergraduate costs can be significant, Carnegie Mellon's financial aid program can assist families with these expenses. To better understand financial aid at Carnegie Mellon, our section on How Aid Works can provide parents with information about how we calculate parent contribution and how aid eligibility is determined.
Carnegie Mellon's financing plan focuses on helping students and families find a strategy that works best for them. Learn more about BorrowSmart affordability counseling.
Federal Direct PLUS Loans
In deciding how to pay for educational expenses, parents may want to consider borrowing a Federal Direct PLUS Loan to finance a portion of the costs. Parents can learn more about this option on our information page for Federal Direct PLUS Loans.
Noncustodial Parent Contribution
Carnegie Mellon believes that noncustodial parents have a responsibility to contribute to their child's educational expenses. The Noncustodial Parent Contribution is calculated using child support and noncustodial parent information from the CSS PROFILE and the CSS Noncustodial PROFILE. The CSS Noncustodial PROFILE is required if parents are divorced or separated. Learn more by viewing financial aid application instructions.
Parent Access to Student Records
Carnegie Mellon adheres to a federal law called the Family Educational Rights and Privacy Act (also called FERPA) that sets privacy standards for student educational records and requires institutions to publish a compliance statement, including a statement of related institutional policies. Under FERPA, we will not disclose any student's financial aid information to parents unless the student provides written consent. Learn more about FERPA.