Cameron Students posing for a picture on Campus

Understanding your Financial Aid

Welcome to Cameron University!!!

You may visit your Aggie Access under the My Info tab to review and accept your financial aid package.

Students are highly encouraged to review, print, and save this page and all informational links provided to gain a clear understanding of financial aid eligibility requirements.

Your financial aid package is based on your Expected Family Contribution (EFC), financial need, availability of funds and full time enrollment status. You may be eligible for one type of aid or a combination of grants, loans, work-study and scholarship assistance. Revisions to this offer can occur during the award year if there are regulatory changes to federal and state aid programs, changes in your enrollment status, if you receive additional educational funding or do not maintain Satisfactory Academic Progress (SAP). Please review all information carefully and keep it for future reference.

For questions regarding your financial aid, contact our office at (580) 581-2293 or email

Financial Aid Eligibility Requirements

You may be eligible for certain financial aid at Cameron University if you meet the following requirements:

  • You are fully admitted to a degree-seeking program.
  • You are making Satisfactory Academic Progress (SAP) towards a designated degree.
  • You are not in default on any Federal Student loans.
  • You do not owe an overpayment on a Pell, SEOG or TEACH Grant.
  • If you have completed a bachelor’s degree, you are not eligible for PELL, SEOG, OTAG or OK Promise grant programs.

Please note: Classes required for state licensure are not eligible for federal student aid.

Financial Need

A student's financial need is determined based on the Expected Family Contribution (EFC) provided by the FAFSA and Cost of Attendance (COA). Many financial aid awards are "need-based" (ex. Subsidized Loans, Federal Work Study), therefore, the amounts must be limited to the total Financial Need. Awards that are not "need-based" and are eligible to be awarded beyond financial need may be awarded up to the remaining COA after financial need is met (ex. PLUS loans may be offered for the amount remaining after all other aid is subtracted from the COA).

COA - EFC = Financial Need

Withdrawals and Repayments

If it is necessary for you to cancel or discontinue your enrollment in a course(s), it is your responsibility to follow all official university withdrawal procedures as noted in the student handbook. Federal regulations require that students “earn” financial aid over the course of a term by attending and participating in classes. We strongly urge you to visit with a financial aid counselor prior to withdrawing.

If either of the following conditions occur, the financial aid office must complete a Return of Title IV Funds (R2T4) calculation within 30 days of the last date of attendance to determine if and how much federal financial aid must returned by the university (OTAG funding is included), which may result in a balance that you must pay back to the university.

  • Student completely withdraws from or is administratively withdrawn from all classes prior to completing at least 60% of the semester (official withdrawal).
  • Student receives failing grades in all classes due to non-attendance (unofficial withdrawal).

The calculation will be based on your last date of attendance, which is verified by the Office of Financial Assistance. The calculation uses the number of days enrolled divided by the number of days in the term to get the percent of aid earned.

Withdrawing may result in a financial debt for you. You will be notified via email within 10 days of the completion of the R2T4 calculation and must repay the required amount during the term in which you withdraw.

If at the time of withdrawal the amount disbursed to you is less than the amount you earned, you may be eligible to receive a post-withdrawal disbursement of earned aid not yet disbursed. If you or your parent are eligible for a post-withdrawal disbursement, you will be notified by email and will have 14 days to respond and approve or deny the post-withdrawal disbursement.

When performing an R2T4 calculation, all institutional charges, i.e., tuition, fees, room and board, are included in the calculation, as well as all disbursed federal aid. If a return of funds is necessary, the university must return the funds within 45 days of the last date of attendance.

Summer Financial Aid

Summer financial aid is now automatic. You may be Pell Grant eligible if you did not receive full Pell funding during the fall and spring terms. Total loan eligibility is awarded at the beginning of the aid year to be utilized in the fall and spring terms. If you anticipate the need to use loan funds to cover summer enrollment, you must either adjust the amount of loans that you accept or contact a financial aid counselor to discuss a revision of your aid package.

Summer financial aid will be awarded after enrollment opens for the term. You must be enrolled to receive an award, and it will be based on your actual enrollment. Please note that for financial aid purposes, 12 credit hours for undergraduates and 9 credit hours for graduates is considered full-time, and 6 hours for undergraduates and 5 hours for graduates is considered half-time. Students must still be enrolled at least half-time during the summer term in order to receive loans.

Student Financial Responsibility

If your total financial aid package does not cover all of your charges at Cameron University or if changes made to your aid package after aid has disbursed creates a balance, you are responsible for the balance. Student account detail and balances can be viewed and paid on Aggie Access.