Learn more about FAFSA Simplification changes, processing delays, and the current timeline.
Student Financial Aid
Meeting the cost of higher education is a significant investment. Carnegie Mellon University is committed to providing a comprehensive financial aid program that makes it possible for students to make a CMU education a reality and achieve their goals.
The HUB student service center and the Student Financial Aid Office team work together to provide excellent services and personal counsel to admitted students and families. Nearly half of our undergraduate students rely on some type of financial aid to pay for educational expenses. While many of our graduate students are offered departmental scholarships, grants, stipends, assistantships and fellowships, some rely on other resources, like federal loans.
Parent & Family Information
Parent and family involvement is a central component to helping students meet their educational expenses. This sections explains more about family contribution, the Federal Direct PLUS Loan, noncustodial parent information, and student record access.
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Monthly Payment Plan
The monthly payment plan allows students and families to pay amounts due to the university in manageable monthly installments and provides the convenience of enrolling and making payments online through Nelnet Campus Commerce.
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Veterans Education Benefits
Veterans Education Benefits are available to eligible veterans and their dependents under the Montgomery G.I. Bill, Post-9/11 G.I. Bill, and Vocational Rehabilitation and Employment Program. In addition, Carnegie Mellon participates in the Yellow Ribbon Program for those who are 100% eligible for benefits under the Post-9/11 G.I. Bill.
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Loan Term Dates
Loan Term |
Loan Term Dates |
Earliest Disbursement Date |
| 2023-24 Academic Year | 8/28/23 - 5/7/24 | August 21 |
| 2023 Fall Semester | 8/28/23 - 12/18/23 | August 21 |
| 2024 Spring Semester | 1/16/24 - 5/7/24 | January 9 |
| 2024 Summer All | 5/13/24 - 8/2/24 | May 6 |
| 2024 Summer One | 5/13/24 - 6/21/24 | May 6 |
| 2024 Summer Two | 6/24/24 - 8/2/24 | June 17 |
