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Information for 2013-14 Federal Student Aid
Unusual Enrollment History (UEH)
Effective for the 2013-2014 academic year, the U.S. Department of Education has
established new regulations to prevent fraud and abuse in the Federal Pell Grant
Program by identifying students with unusual enrollment histories as follows:
FAKE STUDENT LOAN SITE STEALS IDENTITIESS
"Fake accounts for student lending giant Sallie Mae are popping up all over
Instagram in an attempt to steal student identities, according to Scambook, a
website dedicated to detecting bogus sites and warning consumers about using
them," CBS MoneyWatch reports. "The fake
Sallie sites have a timely and attractive pitch: Due to the government shutdown,
indebted graduates can apply for a loan "forgiveness" program that would wipe
away their debt. However, students who attempt to be among the first 150,000 to
take the bogus sites up on the offer are asked to provide private information,
such as birth dates and Social Security Numbers, allowing the sites to steal
their identities, according to Scambook. The real Sallie Mae has no Instagram
presence and has been posting repeated messages this week on its real Facebook
account warning consumers that it is not on Instagram, and it does not ask for
personal information via social media. Anyone who bought into the fake site's
claims and plugged in personal information should quickly put a fraud alert on
their credit file by either calling the three major credit bureaus: Experian
(888-397-3742); Equifax (800-525-6285) and/or TransUnion (800-680-7289) or by
visiting their websites or
annualcreditreport.com. The fraud alert will stop creditors from granting
new credit on your file for 90 days.
CHANGES TO UNDERGRADUATE SUBSIDIZED STUDENT LOANS BEGINNING JULY 1, 2012
For Direct Subsidized Loans first disbursed between July 1, 2012, and July 1,
2014, students will be responsible for paying any interest that accrues during
the grace period. The grace period is the six months following the students last
date of attendance at half-time or more. If the student chooses not to pay the
interest that accrues during the grace period it will be added to the
principal balance of the loan. For details refer to the Federal Student Aid
PROCESSING REQUIREMENTS AND CONFLICTING INFORMATION
CMU is required by the federal government to review student records before
financial aid is processed. Any concerns about conflicting information must be
resolved before CMU can disburse financial aid.
If you have any questions about this or other topics, please contact Global Campus Financial Aid at 1-800-664-2681, option #2, or through e-mail at
Financial Aid Manual to walk you through the process. If
you are a first time borrower, you will also need to complete the initial
Financial Aid Checklist to ensure you have completed the necessary steps to
complete the process. Then download the necessary
Financial Aid Forms.
After reviewing this information, if you have specific questions regarding your
eligibility or other issues, please contact:
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