Financial Aid

Invest in your future

Calumet College of St. Joseph is committed to making your education investment affordable. 94% of our students receive financial aid, and all admitted students are automatically considered for internal scholarships and grants.

Finding financial aid can seem overwhelming or confusing. We will do everything we can to help. Our Financial Aid counselors will walk you through how financial aid works, resources to pay for college and even help you complete your FAFSA.

Calumet College of St. Joseph Financial Aid

Net Price Calculator

This calculator provides an approximation of what a new, undergraduate student can expect to pay to attend Calumet College of St. Joseph. It is not intended for use by continuing, graduate, international, or part-time students. The process will take about 10 minutes. You will need:

  • Your family’s 2019 tax return and W2s
  • The student’s academic information (including GPA, class rank, ACT scores, and SAT scores

NOTE: This is not an official application for financial aid. The results provided here are an estimate, do not guarantee the actual aid you will receive, and shall not be binding on Calumet College of St. Joseph, the State of Indiana, or the U.S. Department of Education. The estimate is subject to the accuracy of the information you provide, may change if financial or family characteristics change, and does not incorporate any special circumstances, which are reviewed after you officially apply for aid. This software incorporates estimated simulated U.S. Department of Education formulas; all rights reserved. The student must complete the Free Application for Federal Student Aid (FAFSA) to determine eligibility for federal funds.

Tuition & Fees

2021-2022 Tuition & Fee Schedule

Traditional Program Tuition [full-time (12-18 credit hours) fall and spring term $19,900
Traditional Program Tuition (part-time per credit hour) $635
Degree Completion Program tuition (per credit hour)
          ORMN $585
          PSM $660
Master’s Program tuition (per credit hour)
          MAT (Teaching – Elementary, Secondary & Final Phase) $660
          MSM (Management) $685
          PSA (Public Safety) $860
          MAP (Psychology) $860
Required for All Students
Textbook Rental Fee/semester
         Full-time Traditional (12-18 credit hours) $415
         Part-time Traditional (per credit hour) $35
          Graduate students (6-9 credit hours) $300
          Graduate student additional credit hours $35
          Course Add/Change Fee $5 per course
Technology Fee (per term) – Continuing Students $100
Technology Fee (per term) – New Students
          Traditional, MSM, MAP, MAT $100
          ORMN, PSM, PSA (includes electronic tablet) $200
Student Association Fee (per term) Whiting Campus $40
Required for International Students
International Student Services/Term $600
International Application Fee (one-time fee) $50
Course-Related Fees
First Year Experience Fee (GENL 100) $250
Honors L.C. Seminar (GENL 290H) / semester $50
Education Seminar Fee (EDU 299) / semester $50
LEAP Portfolio Processing Fee $125
MAP Course 500: American Psychological Association Affiliate $70
MAP Courses: 550/555 $75
MAP Course: 553 $100
Psychology Courses: 260/512 $50
Psychology Course 499 (make-up fee) $25
ARTS & MFA (per course – excl Arts 273 & Arts 280) $75
Science Lab Fees (per course) $250
Student Teaching Courses: EDUC 494, 495, MAT 542, 544 $750
Education Clinical Fee per course (EDUC 481, 483, 484, 485, MAT 512, 526, 528, 534, 536, 538, 554) $125
Undergraduate Course Audit (Whiting/EC/Hammond Residents) $100
Intersession Courses $1,000
Miscellaneous Fees
Alternative Credit (CLEP, LEAP, Credit by Exam) per credit hour $200
CLEP Exam Fee $25
Returned Check Fee $50
Transcript of Credits (after first request) $10
Deferred Payment Plan (1 term) $50
Deferred Payment Plan (multi-term) $50
Deferred Payment Plan Late Fee $50
Graduation Fee – Undergrad $125
Graduation Fee – Graduate program $150
Replacement Diploma (each) $30
CASA (new testing) $25
ACCUPLACER retake fee (after 3rd attempt) $10
Graduate Program Application Fee $25
Undergraduate Late Registration Fee – New Students (Note A) $25
Late registration fee (Continuing students) after April 1 $100
Late registration fee (Continuing students) after May 1 $200
Late payment fee (Fall – October 15; Spring – February 15) $100
Honors Learning Trip Insurance $125

(A) Fall term – by July 1, Spring term – by December 1

Scholarships, Grants, Loans & Work-Study

All students are automatically considered for Calumet College scholarships based on their application for admission. To be considered for need-based financial aid including federal grants, federal loans and Work-Study, submit the FAFSA as soon as possible after October 1st. The FAFSA is the only application Calumet College requires to be considered for need-based financial aid.

Learn more about the sources and types of financial aid below. Try our net price calculator for an estimate of your potential financial aid award.

Federal Grants

Federal Pell and Federal SEOG Grants are awarded based on financial need based on criteria set by the federal government. To be considered for Federal Pell and SEOG Grants submit the FAFSA online at FAFSA.ED.GOV. SEOG Grant funding is limited and funds are awarded on a first-come, first-served basis. To ensure consideration for all available funds, submit your FAFSA and any requested documentation as soon as possible after October 1st for the following school year.

State Grants

Students are encouraged to apply for State Grants. If you reside in Indiana you may be eligible to apply for grant or other funding from the state. To do so, simply file the FAFSA by April 15 for Indiana State consideration.

Your financial aid package will most likely include Federal Direct Student Loans. These loans are taken out in the student’s name and do not require repayment while you are enrolled at least half time in a degree or program. Once you begin repaying the loans, the standard repayment term is 10 years. Student and parent loan funds will not be credited to your account until all necessary applications and promissory notes have been completed by you and/or your family.

Subsidized Federal Direct Student Loan

This loan is issued to the student by the federal government. You must file a FAFSA and demonstrate financial need to qualify.

  • The government will pay the interest while you’re enrolled, and during your post-graduation grace period.
  • The fixed interest rate for loans borrowed for the 2021-2022 school year is 2.75%.
  • The loan has a 1.057% origination fee (for loans issued between October 1, 2020 and September 30, 2021).
  • Repayment is deferred until after graduation unless you drop below half-time enrollment.
  • Repayment will begin after a six-month grace period.
Unsubsidized Federal Direct Student Loan

This loan is issued to the student by the federal government. You must file a FAFSA to qualify.

  • You will pay all the interest, although you can have the payments deferred until after graduation.
  • The fixed interest rate for loans borrowed by undergraduate students for the 2021-2022 school year is 2.75%.
  • The loan has a 1.057% origination fee (for loans issued between October 1, 2020 and September 30, 2021).
  • Repayment is deferred until after graduation unless you drop below half-time enrollment.
  • Repayment will begin after a six-month grace period.

If you will have education costs not covered by other sources of financial aid (such as scholarships or student loans), you and your family may want to consider a parent or private loan. These additional loans are not listed in your award package. Based on your individual need, you may choose to apply for them.

Federal Direct Parent Loan (PLUS)

The student must file a FAFSA for a parent to borrower a PLUS loan. This loan is issued by the federal government to parents including adoptive parents or a stepparent whose financial information was reported on the FAFSA.

  • Repayment is the parent’s responsibility.
  • The fixed interest rate for loans borrowed for the 2021-2022 school year is 5.30%.
  • The loan has an origination fee of 4.228% (for loans issued October 1, 2020 through September 30, 2021).
  • Parents may borrow up to the cost of the student’s education minus the student’s financial aid award.
  • Credit approval or a credit-worthy endorser is required.
  • Be sure to borrow enough to cover both semesters.
  • Funds will be deposited directly into the student’s account in two disbursements.
  • Repayment begins within 60 days after the final loan disbursement (usually spring semester).
  • You may request deferment while the student is enrolled, for up to four years.

To apply for a federal direct parent loan, begin the process at

Private Loan

Private education loans are issued in the student’s name and generally require a creditworthy cosigner. Loan rates, fees, terms and repayment start date vary from lender to lender. Students are encouraged to carefully compare loan terms before borrowing.

  • The interest rate may be fixed or variable.
  • Fees will vary by lender.
  • You may request up to the cost of your education minus your financial aid award.
  • Credit approval is required and both student and cosigner are equally responsible for repayment.
  • Be sure to borrow enough to cover both semesters.
  • You must reapply for your loans each year.
  • If you need assistance determining how much you can borrow, contact Student Financial Services.

Private loan lenders: You are free to borrow private student loans from a lender of your choice. Calumet College of St. Joseph does not have a preferred lender list or preferred arrangements with any lender.

Work-Study Jobs

A variety of campus employment opportunities are available at Calumet College. Jobs are funded through the federal work-study program. A completed FAFSA application is required to determine eligibility.

Working while enrolled can be an important aspect of your experience at Calumet College. Students have the opportunity to choose a job and the hours that will work around your class schedule. A job may relate to a student’s academic work or provide the opportunity to explore career possibilities. Every two weeks earnings are paid directly to the student. Some choose to use earnings to defray educational expenses while others pay for personal expenses.

For more information on available student employment options at Calumet College, please visit Career Services.

Your Senior Year Tuition Paid In Full The Calumet Commitment keyboard_arrow_down

The Financial Aid Process

How to Apply

All admitted students are automatically considered for Calumet College scholarships based on their application for admission.

The Free Application for Federal Student Aid (FAFSA) is the only application required to be considered for need-based financial aid. Apply online at and use our Federal School Code 001834 to have your FAFSA sent to Calumet College.

The student and at least one parent (for dependent students) will need a Federal Student Aid ID (FSAID) to electronically sign the FAFSA.

When submitting the FAFSA, look for IRS Data Retrieval Tool to directly link your IRS income information to your FAFSA. Linking your IRS tax information directly to your FAFSA streamlines aid processing and reduces the need to Student Financial Services to collect supplemental documentation.

We encourage all students to complete and submit the FAFSA annually to ensure consideration for all available sources of financial aid. FAFSA information is used to determine eligibility for federal and state financial aid and internal financial aid from Calumet College.

When to Apply

Submit your FAFSA as soon as possible after October 1, 2020 to ensure consideration for all available sources of aid.

The 2021-22 FAFSA is available at

Helpful Videos
FAFSA Resources

Contact our office on:

Completing the FAFSA
Determining Dependency Status and Whether Parental Information is Required
Determining Who is Your Parent for FAFSA Purposes
Other FAFSA questions

Your Financial Aid Award

The exact timing of your financial aid award depends on several factors. If you are an applicant for Fall 2019 Admission, submit your 2019-20 FAFSA in October 2018 to ensure your financial aid award is issued as early in 2019 as possible. Your financial aid award may include estimated financial aid if we have requested any additional information or documentation or for federal/state award which are subject to budget approval.

Financial aid awards for returning students will be available as soon as possible after registration for Fall classes are complete. Please see your advisor as soon as possible to expedite the process. Financial aid awards for continuing students are finalized after we verify Satisfactory Academic Progress at the end of the school year.

Calumet College mails all billing correspondence in the student’s name to their home address. It is the student’s responsibility to inform the College if an alternate address should be used. Someone other than the student may be designated as the primary billing contact person; however, the student must complete the FERPA Form to authorize this request.

Complete the FAFSA (Free Application for Federal Student Aid).

  • Go to and file your FAFSA, effective October 1st.
  • First-time filers and parent must create an FSA ID, (E-mail or user name and password) in order to sign the FAFSA. Go to to create your ID and password.
  • Add Calumet College to your FAFSA by using the school code – 001834 under the “School Selection” tab on the FAFSA.

Complete the Verification process by August (only if selected).

  • You will be notified by letter if you have been selected for verification.
  • You will need to provide additional documentation to the Financial Aid Department:
    1. A completed Dependent or Independent worksheet
    2. Your 2017 tax information by using the IRS Data Retrieval Tool on the FAFSA or by providing a copy of your 2017 Return Tax Transcripts from the IRS (
    3. Parents or Independent students who did not work or file taxes in 2017 will need to complete a form 4605-T, “Verification of Non-filing.” For forms or additional verification information, please contact the Office of Financial Aid at (219) 473-4296.

Log into your student portal, MYCCSJ to review and accept/decline your financial aid by August prior to start of your classes.
Go to Under “Current Student”, select MYCCSJ.
Log in via the directions found on the bottom left of the screen.
Once logged in, select the “Financials” tab.
Under “Financial Aid” click on “Accept/Decline Financial Aid.”
Select the appropriate year, “2019-2020”
Accept or decline each award offered. If you wish to borrow less in loans than what you were awarded, enter new amount in “Change Amount” field before accepting your loans.

Complete Student Loan Entrance Counseling and Master Promissory Note by August. This only needs to be completed once during your program enrollment and only if you plan to borrow a federal student loan. Plus Master Promissory Notes must be completed by any parent borrowing a Parent PLUS Loan.

To complete Entrance Counseling or Master Promissory Note, go to Log in with your FSA ID (email and password for FAFSA).
When completing a Master Promissory Note for Parent PLUS Loans, parents must log in with their own FSA ID, not the students.
References are required for all MPN’s. The approximate time to complete both is 15-30 minutes.
Loans cannot be disbursed until the MPN and/or Entrance Counseling is complete.

If you need additional funds to help cover your balance, secure a private loan, set up a payment plan, or dependent students can have parents apply for the Parent PLUS loan.
Parents can apply for Parent PLUS Loan via under the parents FSA ID or via paper application from the Financial Aid Office or the website via forms.
Alternative or Private Loans (we accept any lender)
Some suggestions are: Citizens Bank, College Ave, Discover Student Loans, EDvestinU, iHelp, INvestEd, raise^private student loans, Sallie Mae, and Suntrust.
Payment Plans:
All outstanding balances must be paid by the end of each term.
Students can sign up for a monthly payment plan with Walter Thompson, Coordinator of Student Accounts, [, (219) 473-4394].
Students who sign up for a payment plan early may have a smaller down payment and are able to spread payments over a greater number of months.
Monthly payments are based off outstanding balance.
Important Information:
All student and parent plus loans incur and origination fee that is deducted from the total amount of the loan before the loan is applied towards a student’s balance.
The current interest rate and origination fee can be found at
Repayment of Parent PLUS Loans are the responsibility of the parent.
Parent PLUS borrowers will be expected to start making payments once the loan is disbursed. However, borrowers can contact their loan servicer to request a deferment while the student is enrolled in school at least half-time.

Pay Fall semester balance by August and Spring semester balance by the January class start date.

When you receive federal or state financial aid, federal guidelines require that you make real and measurable progress toward your degree in order to continue to receive federal or state financial aid. This requirement is called Satisfactory Academic Progress (SAP).

The Satisfactory Academic Progress Policy addresses your academic progress during all your terms of enrollment at Calumet College, including summer, whether or not you receive financial aid during the terms. At Calumet College, this policy applies to federal, state, and institutional aid, including federal loans. Note that institutional aid programs may have specific eligibility or renewal requirements in addition to the minimum requirements of the Satisfactory Academic Progress Policy.

View the full SAP Policy and Form.

Frequently Asked Questions

When we receive your FAFSA information, a CCSJ Financial Aid staff member will review your application to determine your eligibility for federal, state, and institutional aid. To calculate your financial aid need, your total expected family contribution (EFC) is deducted from your student budget/cost of attendance.

CCSJ no longer maintains paper FAFSA copies. We encourage all students to apply online at through the FAFSA website,

You must provide the income of the parent you lived with for the majority of the previous year (custodial parent). If your custodial parent is remarried, you must report your step-parent’s income and assets as well.

EFC, also known as “expected family contribution,” is a measure of how much the student and his or her family can be expected to contribute towards the cost of the student’s education. It is determined based on the information provided on the FAFSA and calculated from a specified formula in accordance with federal guidelines. If you have any questions on determining your EFC, you may use the College Cost Calculator.

Living on your own and supporting yourself does not make you Independent for FAFSA purposes. In order to file as an Independent student you must be able to answer yes to at least one of the following questions for the 2016 – 2017 school year:

  • Were you born before January 1, 1991?
  • Are you married as of the date you completed your FAFSA?
  • At the beginning of the 2016 – 2017 school year, will you be working on a master’s or doctorate program?
  • Are you currently serving on active duty in the U.S. Armed Forces for purposes other than training?
  • Are you a veteran of the U.S. Armed Forces?
  • Do you have children who will receive more than half of their support from you between July 1, 2016 and June 30, 2017?
  • Do you have dependents (other than your children or spouse) who live with you and who receive more than half of their support from you, now and through June 30, 2017?
  • At any time since you turned age 13, were both your parents deceased, were you in foster care or were you a dependent or ward of the court?
  • As determined by a court in your state of legal residence, are you or were you an emancipated minor?
  • As determined by a court in your state of legal residence, are you or were you in legal guardianship?
  • At any time on or after July 1, 2013, did your high school or school district homeless liaison determine that you were an unaccompanied youth who was homeless?
  • At any time on or after July 1, 2013, did the director of an emergency shelter or transitional housing program funded by the U.S. Department of Housing and Urban Development determine that you were an unaccompanied youth who was homeless?
  • At any time on or after July 1, 2013, did the director of a runaway or homeless youth basic center or transitional living program determine that you were an unaccompanied youth who was homeless or were self-supporting and at risk of being homeless?

Once you have been accepted to CCSJ and we have received your FAFSA, your eligibility for federal, state, and institutional aid will be determined. Within a week, you should receive a link to your online award letter via your CCSJ student email account. Requests for further documentation (such as Verification documentation) and additional instructions will also be sent to you. Your award letter and a list of any requested/missing documents can also be viewed via MyCCSJ if you are a current student.

The CCSJ Office of Financial Aid can take this into consideration and possibly make adjustments to your financial aid. You are encouraged to fill out a Special Circumstances Form for any special circumstances that have occurred with your family and submit it to our office with supporting documentation.

Verification is a process used by the federal government to document and verify the information provided on the FAFSA. If you are selected for verification, CCSJ will compare the information on your FAFSA with signed copies of your and your parent(s)’ and/or spouse’s federal tax documentation and other documents. Federal law states we have the right to ask for this information before awarding federal aid. If there are differences between your FAFSA information and your financial documents, we will need to make corrections.

Final awards are ready to be disbursed to your student account.

Estimated awards are pending awards. Reasons for having estimated awards include but are not limited to: incomplete verification status; packaged loans for which you have not filled out loan paperwork; estimated Work-Study eligibility; you have not registered for classes.

All awards, final and estimated are subject for revision based on eligibility and other financial aid.

There are many reasons why your financial aid may not be finalized. Some are listed below. If you have any questions as to why your financial aid is not finalized, contact the CCSJ Office of Financial Aid.

  • You have not completed a FAFSA.
  • You have not completed Verification. (When you are selected for verification, an email and a letter will be sent to you stating that you were selected for Verification and telling you the information required.)
  • There are errors on your FAFSA. (You should have received a letter stating the errors and how to fix them. Contact the CCSJ Office of Financial Aid if you have any questions.)
  • You have not applied for a loan.
  • You have not registered for class.

A revised award letter is sent to you each time a change is made to your financial aid. Financial aid changes include adding, subtracting, increasing, or decreasing an award or multiple awards. Also, a change in award status: estimated to final, for example, will be reflected in a revised letter.

All refund balances due to students are provided by the third party vendor Heartland ECSI. In order to deliver funds in the most expedient manner, students must sign up for direct deposit by clicking and using the login information emailed to them from Heartland ECSI. Students who do not sign up for direct deposit will be mailed a check from the vendor, which will take up to 10 business days. Be sure to keep your address on file current and complete.
If the student has any questions, please contact Heartland ECSI Customer Service at 1.844.760.6052 or ECSI also offers online chat for an extra convenience.

The Federal Work-Study Program is a campus-based program with a limited allocation that provides paid jobs for eligible students. An estimated Federal Work-Study award amount will be listed on your CCSJ financial aid award letter if you indicated interest in this program on the current year FAFSA and have demonstrated financial need. To apply please visit the CCSJ Office of Financial Aid.

Subsidized Stafford Loan

Federally based loan program with eligibility determined based on cost of attendance, year in school, dependency status, and need. Interest is paid by the federal government while the student is in attendance taking at least 6 credit hours. Repayment begins 6 months after the student stops attending school at least half time, graduates, or ceases enrollment.

Unsubsidized Stafford Loan

Federally based loan program with eligibility NOT tied to need. Maximum eligibility is set by the federal government based on cost of attendance, year in school, and dependency status. Interest payments are the responsibility of the student as soon as the funds are disbursed, but may be deferred until repayment begins. Repayment begins six months after the student stops attending school at least half time, graduates, or ceases enrollment.

No, but you are encouraged to meet with a financial aid staff member at least initially to understand the financial aid process and address any questions you may have. CCSJ accepts student visitors on a walk-in basis.

Remember to file your FAFSA! File the FAFSA as soon as possible after October 1 to be fully considered for all forms of financial aid. CCSJ’s priority filing deadline for the FAFSA for Indiana residents is April 15. CCSJ School Code: 001834

Financial Aid Resources

National Student Loan Data System (NSLDS)

The National Student Loan Data System (NSLDS) is the Department of Education’s data clearinghouse for all government-backed student loans and grants. Students and other borrowers who have Title IV loans or Pell Grants can gain access to any of their loan/grant information through this government maintained database. Information available on the NSLDS site that you might need access to:

  • Your current loan status
  • Disbursement information
  • Loan balances
  • Grant awards
Indiana Commission for Higher Education (CHE)

CHE’s mission is to make college affordable through need-based grants and to allow choice by granting awards to those attending public, independent & proprietary colleges. Visit CHE to learn about:

  • Your eligibility for state financial aid.
  • View the history of grants, awards and scholarships you have received from the state of Indiana.
  • Change your first-choice college.
  • Update your address and phone number.
  • Check to see if you have any outstanding issues that might prevent you from getting state aid.
Loan Repayment Calculators

Helpful information about budgeting and calculating your loan repayment is available at, under “Use the Repayment Estimator”

Now You Have A Private College Choice!
Hammond College Bound Basic Qualifications


  • Complete an application which will define educational history, college destination, and provide for a release of academic records (high school cumulative GPA).
  • Provide proof of home purchase date and proof of homestead deduction.
  • Demonstrate that he/she resides in an owner-occupied home within Hammond City limits. Proof of homeownership for the purposes of College Bound will require that the parent or legal guardian own a home with a current homestead exemption.
  • Be able to provide proof of legal guardianship in those situations where a natural parent is not the legal guardian. Student eligibility will be impacted by the date in which such guardianship is established.
  • Attend any accredited public or private school. Home-schooled students may apply for the scholarship through the program’s exception process.

For more information, please call (219) 473-4215 or visit the City of Hammond’s College Bound Program Page

Return of Title IV Policy (R2T4) for Complete Withdrawals

Federal financial aid recipients who withdraw from all courses before 60% of the term is completed are subject to Title IV regulations. Calumet College must always return any unearned Title IV funds within 45 days of the date the school determined the student completely withdrew from all attempted courses for the payment period and offer any post-withdrawal disbursement within 30 days of the date the school determined the student withdrew. Title IV funds are federal funds which include the Federal Pell Grant, SEOG, and all Federal Direct Loans.

The date of official withdrawal is the date the student begins the withdrawal process by completing required paperwork with Academic Advising. If a student officially completely withdraws after the 60% point in any given term, none of the student’s federal financial aid will be returned.
An unofficial withdrawal occurs when a student does not complete withdrawal paperwork nor does the student notify the instructor of their intent to withdraw due to an illness, accident, grievous personal loss or other circumstance beyond the student’s control. Because this student stops attending, the withdrawal date defaults to the midpoint of the semester and the student will receive the grade of FW. When a student receives Ws or FWs for all courses attempted, that student will then be subject to R2T4 regulations.

If a student completely withdraws, drops, or stops attending before financial aid is disbursed for the semester, the student may be eligible to receive a Post-Withdrawal disbursement. A Post-Withdrawal disbursement is for students who were eligible to receive Title IV Aid, but the aid did not disburse before the student stopped attending. The Financial Aid Office will determine if any aid was earned by using the calculation below in the example based on the student’s withdrawal date.

If a student did not receive all of the funds that were earned, that student may be due a post-withdraw disbursement. If the post- withdraw disbursement included loan funds, you may choose to decline the loan funds so that you don’t incur additional debt. Your school may automatically use all or a portion of your post- withdraw disbursement (including loan funds, if you accept them for tuition and fees. For all other school charges, the school needs your permission to use the post-withdraw disbursement. If you do not give you permission (which some schools ask for when you enroll), you will be offered the funds. However, it may be in your best interest to allow the school to keep the funds to reduce your debt at the school.

Order of Return of Title IV funds

A school must return Title IV funds to the programs from which the student received aid during the payment period as applicable, in the following order, up to the net amount disbursed from each source:

  • Unsubsidized Direct Loans (other than Direct PLUS Loans)
  • Subsidized Direct Loans
  • Direct PLUS Loans
  • Federal Pell Grants for which a Return is required
  • Federal Supplemental Educational Opportunity Grants (FSEOG)

A sophomore withdraws three weeks into the semester. She was charged full-time undergraduate tuition of $8,365. A $2,250 subsidized Direct Loan paid some of charges; she paid the remainder from savings and has a $0 balance on her student account on the day of withdrawal. There are 109 days in the semester; she attended 23.

  • Percentage of earned aid = 23/109 = 21.1% earned.
  • Unearned aid = 100% – 21.1% (earned) = 78.9% unearned.
  • $2,250 (aid received) X 21.1% = $474.75 earned.
  • $2,250 – $474.75 = $1,775.25 unearned.
  • Amount of Aid to be Returned by School = Institutional charges times unearned percentage; $11,300 X 78.9% = $8,915.70.
  • Since $8,915.70 exceeds the amount of unearned aid, the lesser number is used. Therefore, $1,775 of the subsidized Direct Loan disbursement would be reversed from her student account. The loan debt is reduced but the student would have a tuition balance of $1,775 which would need to be paid before she could register for another term.
Satisfactory Academic Progress (SAP) Policy

Effective date July 1, 2011
Federal legislation governing all federal financial aid programs requires that students receiving federal financial aid make satisfactory academic progress (SAP) toward a degree in order to maintain eligibility for this aid. It is the policy of Calumet College of St. Joseph that all recipients of all financial aid programs, including state and institutionally funded programs, are subject to the same satisfactory academic progress standards as those for federal financial aid.

Satisfactory academic progress at CCSJ is monitored at the end of each fall, spring and summer semester. All SAP standards are reviewed based on all classes in all semesters taken at CCSJ. Additionally, all accepted transfer credits from regionally accredited colleges and universities are included in the calculation of the Percentage of Credits Completed Standard. If a student changes majors or seeks to earn additional degrees, the calculations remain the same. However, if a student receives a Bachelor’s degree or Master’s degree, the calculations will start over the semester following degree completion. (Please note: SAP standards are the minimum criteria for maintaining financial aid eligibility. Certain forms of financial aid may carry other requirements for renewal.)

SAP consists of three parts
  • Qualitative standard based on GPA
    All undergraduate students are required to maintain a cumulative 2.0 GPA and graduate students are required to maintain a 3.0 GPA. Any student falling below that standard for any enrolled term will be placed on academic warning but will still qualify for financial aid. If a student continues below the standard in a subsequent term, that student will be placed on financial aid suspension and will not qualify for any form of financial aid.
  • Quantitative standard based on rate of completion
    Rate of completion is evaluated after each enrolled term by dividing the cumulative credit hours earned by the cumulative credit hours attempted or enrolled. Students are required to maintain a rate of completion at 67% to meet SAP standards. Repeated courses, withdrawals, and incompletes do not count toward a student’s GPA but do count toward credit hours enrolled. Transfer hours accepted toward completion of a student’s program count as both credit hours enrolled and credit hours completed.
  • Maximum Time Frame Standard
    Students are expected to complete all academic requirements for a degree within 150% of the published length of the educational program in which the student is enrolled. Accepted transfer credit hours are included in the calculation of the Maximum Time Frame Standard. Below are examples of maximum time frame requirements:


Required Hours to Complete Degree Maximum Attempted Hours
Associate 58 – 60 87 – 90
Bachelor 118 – 120 177 – 180
Master 36 – 67 54 – 101
SAP Evaluation
  • SAP is calculated at the end of each fall, spring and summer semester for qualitative and quantitative progress.
  • Students meeting the standards listed above when calculated will be in SAP good standing.
  • The first semester a student does not meet the standard, the student will be placed on SAP Warning. The student will still qualify for financial aid.
  • The second consecutive semester a student does not meet the standard, the student will be placed on SAP Suspension. The student will not qualify for financial aid. The student will have to submit an appeal to be considered for financial aid reinstatement.
  • Courses taken at CCSJ are counted as hours attempted regardless of grades assigned. This includes incomplete failures, or withdrawals.
  • Only courses earning passing grades for progressing toward degree completion will be counted as earned. ( Example: A, B, B+, B-, C, and P)
  • Courses graded with an F, FW, W, or I count as credit hours attempted but not earned. Additional courses with non-passing results are counted similarly.
  • All courses designated as repeated for grade improvement are counted as hours attempted and if passed as hours earned.
  • Audit and non-credit classes are ineligible for financial aid do not count in SAP calculations.
Additional Earned Credits and Remedial Courses
  • Credit hours earned by testing and other non-standard means are counted in the SAP calculation as both attempted and earned. This includes hours earned from Credit by Exam, CLEP, LEAP, AP courses, Dual Credit Courses, ACE credits and Military Experience Credits.
  • All credits attempted through consortium agreements with other institutions counts as both attempted and earned if passing grades are received.
  • Remedial courses count in both attempted and earned hours calculations even though credits may not apply toward completion requirements. Remedial courses also impact GPA calculations.
SAP Appeal Process
  • SAP Suspensions may be appealed if unusual or mitigating circumstances affected academic progress. Such circumstances may include a severe illness or injury to the student or an immediate family member, the death of a student’s relative, student activation into military service, or other circumstance deemed appropriate for consideration by the SAP Appeals Committee.
  • The student must complete the following SAP Appeal Form.
  • The student will be notified by email of the decision made by the appeals committee.
  • All appeal approvals are accompanied with an academic plan that outlines conditions by which a student can regain SAP Good Standing status and it requires a student’s signature.
  • All decisions of the SAP Appeals Committee are final and a student is limited to 2 appeals only.
  • All students who raise their cumulative standards to equal or exceed the minimum requirements will be reinstated to SAP Good Standing.

The Yellow Ribbon Program is a provision of the Post-9/11 GI Bill that can help students attend expensive private schools at little or no cost to themselves. Normally, Post-9/11 GI Bill payments at private schools are limited to a national maximum amount by law, although that amount changes every year, it seldom covers the full tuition and fees that private schools charge for enrollment.

Student Loans

Federal Subsidized Loan

This is a loan for which you must qualify based on financial need. The amount for which you qualify is based on your dependency status, enrollment status, and on your level of need.

Federal Unsubsidized Loan

This loan is not based on financial need. However, the amount that you may borrow is limited by your dependency status, enrollment status, and cost of attendance.

Your CCSJ estimated award letter will list the maximum federal subsidized and unsubsidized loan amounts for which you qualify based on the information available to the CCSJ Office of Financial Aid at the time the award letter was created. Though federal subsidized and unsubsidized loan money may be listed on your award letter, there is no requirement that you take out these loans. Also, you do not need to apply for the entire loan amount; you may apply only for the portion of the loan that you need.

Interest Rates for Direct Subsidized Loans, Direct Unsubsidized Loans
For more information regarding interest rates, visit StudentAid.Ed.Gov

Student Loan Default Rate
Cohort Default Rate is the percentage of a school’s borrowers who enter repayment on student loans during a federal fiscal year (October 1 to September 30) and default prior to the end of the next one to three fiscal years. The following are the rates released by the Department of Education for CCSJ:

Cohort Year

3-Year Official Rate



















PLUS* (Parental Loan for Undergraduate Students) Loan

PLUS loans are federal loans available to parents of undergraduate students. The loan limit for PLUS loans is based on the student’s cost of attendance minus other forms of financial aid received. The parent PLUS loan is based on creditworthiness meaning a credit check must be submitted. Repayment of PLUS loans can be differed until the participating student ceases to attend college at least half time.

If a parent is declined as a result of the credit check, the parent can appeal the results by going to and documenting extenuating circumstances or by obtaining an endorser. Another option for a declined PLUS loan is for the undergraduate student to request additional unsubsidized loans from the Office of Financial Aid.

Parent eligibility requirements for a Direct PLUS Loan
You must be the student’s biological or adoptive parent or the student’s stepparent, if the biological or adoptive parent has remarried at the time of application. Your child must be a dependent student who is enrolled at least half-time at a school that participates in the Direct Loan Program. For financial aid purposes, a student is considered “dependent” if he or she is under 24, unmarried, and has no legal dependents at the time the Free Application for Federal Student Aid is submitted. (Exceptions are made for veterans, wards of court, and other special circumstances.) If a student is considered dependent, then the income and the assets of the parent have to be reported on the FAFSA.

Additional requirements to receive a PLUS loan
Parent PLUS loan borrowers cannot have an adverse credit history. If upon completion of the credit check, the parent is denied, the parent can appeal the denial by going to and documenting extenuating circumstances or by obtaining an endorser. If then approved, the parent must complete PLUS Loan Counseling before the loan is disbursed. In addition, parents and their dependent child must be U.S. citizens or eligible non-citizens, must not be in default on any federal education loans or owe an overpayment on a federal education grant and must meet other general eligibility requirements for the Federal Student Aid programs. You can find more information about these requirements in Funding Education Beyond High School: The Guide to Federal Student Aid.

Loan limits, interest rate, and loan charges
There are no set limits for Direct PLUS Loans, but you may not borrow more than the cost of your child’s education minus any other financial aid received, such as a Direct Subsidized or Unsubsidized Loan. The school will determine the actual amount you may borrow.

The interest rate as of June 10th, 2019 for Direct PLUS Loans is a fixed rate of 7.6%. Interest is charged on Direct PLUS Loans during all periods, beginning on the date of your loan’s first disbursement. To find out more information on interest rates for Direct PLUS Loans, contact your loan servicer.

In addition to interest, you pay a loan origination fee that is a percentage of the principal amount of each Direct PLUS Loan that you receive. This fee helps reduce the cost of making these low-interest loans. We deduct the fee before you receive any loan money, so the loan amount you actually receive will be less than the amount you have to repay. The origination fee as of June 10, 2019, for Direct PLUS Loans is 4.248%.

Dependent students whose parents have applied for but were unable to get a PLUS Loan are eligible to receive additional Direct Unsubsidized Loan funds.

There is no grace period for a Direct PLUS Loan—the repayment period begins 60 days after your school makes the last disbursement of the loan. However, if you’re a parent PLUS borrower who is also a student, you can defer repayment while you’re enrolled in school at least half time and (for Direct PLUS Loans first disbursed on or after July 1, 2008) for an additional 6 months after you graduate or drop below half-time enrollment.

If you’re a parent PLUS borrower, you can defer repayment of Direct PLUS Loans first disbursed on or after July 1, 2008, while the student for whom you obtained the loan is enrolled at least half time, and for an additional 6 months after the student graduates or drops below half-time enrollment (half-time enrollment status is determined by your child’s school). You must separately request each deferment period.

Applying for a Parent PLUS Loan
In order for a PLUS loan to be processed, the consent of the parent borrower is required. The Consent to Obtain Credit Report, which can be downloaded from the link below is to be completed by the parent of the student who wishes to apply for a PLUS loan. A CCSJ Financial Aid staff member will then process the credit check through the Federal Direct Loan website. Credit check approval is a requirement of the Federal Direct PLUS Loan process.

The Federal Direct PLUS loan application form is to be completed by both the student and the parent. The purpose of this form is for the parent to indicate the amount of the loan requested and the academic period for which the loan will be used. If you are unsure of the amount of the loan that you will need, contact the CCSJ Office of Financial Aid at (219) 473-4296.

Mail both completed forms to:
Calumet College of St. Joseph
Office of Financial Aid
2400 New York Ave.
Whiting, IN 46394
Or fax to: (219) 473-4340

If your PLUS loan has been approved, the parent requesting the loan must complete the PLUS Master Promissory Note (MPN). If your PLUS loan was approved after documenting extenuating circumstances or by obtaining an endorser, you must complete both the MPN and the PLUS loan counseling.

Denied for a Parent PLUS Loan
If the parent PLUS loan is denied, the undergraduate student can then qualify for additional unsubsidized federal student loans by requesting the additional funds from the Office of Financial Aid.

Alternative Loan

Another loan option that may be available to assist in the financing of a student’s education in addition to the Federal loans is an alternative loan. Alternative loans, also known as private loans, are those defined as loans that come from a bank, credit union, or other non-governmental source. These loans are not regulated by the federal government and have adjustable interest rates. The terms of the loans will vary from lender to lender, and the interest rate may be significantly higher than that of a Federal loan. Calumet College of St. Joseph does not promote specific lenders. In fact, we want to ensure that all students have exhausted all other Federal loan options before suggesting an alternative loan. We implore you to thoroughly research all options before making your decision.

Alternative Loan Code of Conduct
Calumet College of St. Joseph does not participate in any revenue-sharing arrangements with any lenders, does not steer borrowers to particular lenders or delay alternative loan certifications, and does not participate in the offering of funds for private loans to students in exchange for providing concessions or promises to the lender for a specific number of federal student aid loans, a specified loan volume, or a preferred lender arrangement. This code of conduct is applicable to all officers, employees, and agents of the College and employees of the Office of Financial Aid are prohibited from receiving gifts from a lender, guaranty agency, or loan servicer; as well as accepting compensation for any consulting arrangement or contract to provide services to or on behalf of a lender relating to education loans and service on an advisory board, commission, or group established by lenders or guarantors, except for reimbursement for reasonable expenses. (This information is in accordance with the U.S. Department of Education’s regulations on lender relationships)

The following websites may provide you with useful information in researching lenders offering private educational loans.

The federal government limits the loan amount you can borrow based on your enrollment status, dependency status, and year in school. Below are the current annual loan limits. All students requesting a student loan for the first time are required to complete entrance counseling and a master promissory note. Before leaving CCSJ, students who have borrowed Stafford loans are required to complete Exit Counseling. These counseling sessions will provide you with detailed information about the student loan process.

***New Federal Time Limitation on Direct Subsidized Loans for First-Time Borrowers effective July 1, 2013! There is a limit on the maximum period of time (measured in academic years) that you can receive Direct Subsidized Loans. In general, you may not receive Direct Subsidized Loans for more than 150% of the published length of your program. This is called your “maximum eligibility period”. For example, if you are enrolled in a 4-year bachelor’s degree program, the maximum period for which you can receive Direct Subsidized Loans is 6 years (150% of 4 years = 6 years). If you are enrolled in a 2-year associate degree program, the maximum period for which you can receive Direct Subsidized Loans is 3 years (150% of 2 years = 3 years). After you have received Direct Subsidized Loans for your maximum eligibility period, you are no longer eligible to receive additional Direct Subsidized Loans. However, you may continue to receive Direct Unsubsidized Loans.

In addition, if you continue to be enrolled in any undergraduate program after you have received Direct Subsidized Loans for your maximum eligibility period, the government will no longer (with certain exceptions) pay the interest that accrues on your Direct Subsidized Loans for periods when they would normally have done so.

Review information on the new limit on the maximum period of time a student can receive Direct Subsidized Loans HERE.

Dependent Undergraduates ***Subsidized Unsubsidized
First Year $3,500 $2,000
Second Year $4,500 $2,000
Third Year & Beyond $5,500 $2,000


Independent Undergraduates ***Subsidized Unsubsidized
First Year $3,500 $6,000
Second Year $4,500 $6,000
Third Year & Beyond $5,500 $7,000


Graduate & Professional Students Unsubsidized
All Years of Study $20,500

Find out about loan repayment amounts and budgeting tips by visiting

Repayment of Student Loans

You have many options to choose from in repaying your student loans. Repayment plans can range from 10 years to 30 years. Other plans are based on income, regardless of your indebtedness. The shorter the repayment plan, the less interest you pay on your loans. Deferment and forbearance options are also available if you are unable to pay on your student loans for a period of time. These various repayment options provide borrowers with added flexibility when they are choosing their career path.

In most cases, repayment of your federal student loans begins approximately six months after you graduate. You can access calculators on the Web to see how much you would be paying. For more information on all your repayment options please go to the U.S. Department of Education’s Federal Student Aid Web site.

For loan interest rates, fees and other useful information on student loan borrowing and other tips for loan repayment, here is a resource you might find useful.

Some students choose to consolidate their loans before selecting a repayment plan. To learn more about your student loan consolidation options, please review this helpful Consolidation Information.

Income-Driven Repayment Plans and Public Service Loan Forgiveness

Two programs have been created which are of great importance to graduates who have high debts and low incomes, particularly for those who are planning a career in a public interest occupation (government and most non-profit organizations).

Income-Driven Repayment Plans

Loan payments are capped at 10-15% of monthly discretionary income. Discretionary income is defined to be the adjusted gross income of the student (and spouse, if you file jointly) minus 150% of the poverty level for the borrower’s family size. You can learn more about a popular income-driven repayment plan on the Federal Student Aid website by clicking on these links: Income Based Repayment.

A single borrower enrolled in Pay as You Earn who owes $100,000 of debt at an interest rate of 6.8% with an adjusted gross income of $40,000 would pay only $194 per month. The payment amount increases as earnings increase. This amount is significantly lower than the standard monthly payment of $1,155. Any loan balance remaining after 20 years of repayment under Pay As You Earn is forgiven.

Public Service Loan Forgiveness (PSLF) Program

Under this program, loans can potentially be forgiven after 10 years of repayment in an income-driven repayment plan. Borrowers who make 120 on-time payments on their Direct Loans while engaged in a full-time public service occupation can request that their remaining loan balance be forgiven. For more information about the Public Service Loan Forgiveness Program, please see PSLF.


Our Financial Aid Team

Christopher Artim

Sr. Manager, Student Financial Services, Financial Aid Counselor

Eudelia Ramirez

Business Office Clerk

Michelle Concepcion

Assistant Director of Student Financial Services

Office of Financial Aid

 Phone: (219) 473-4296
 Fax: (219) 473-4340
 Office: Room 120


  • Mondays and Tuesdays: 9:00 A.M. – 7:00 P.M.
  • Wednesdays and Thursdays: 9:00 A.M. – 5:00 P.M.
  • Fridays: 9:00 A.M. – 4:00 P.M.

You Belong

at Calumet College of St. Joseph!