Information for CMU-Australia Students
Financial Aid for U.S. Citizens is administered by The HUB in Pittsburgh.
Links to Financial Aid and Related Information:
Please click below for the estimated cost of attendance for students attending Carnegie Mellon University-Australia. These budgets provide you with information about costs associated with attending the program and serve as the basis for determining federal financial aid awards.
All figures are estimates and subject to change. Individual students may find that their costs vary from the estimated budget; changes are considered on a case-by-case basis with appropriate documentation.
The estimates are used for federal financial aid calculation purposes. Non-US students may use these figures as a guideline for creating personal budgets. This information is NOT acceptable for immigration paperwork.
All Programs 2015-2016
All Programs 2016-2017
Scholarships for students whose home school is Heinz Australia are awarded as a percentage of the tuition charge and are awarded at the time of admission . Typically, scholarships or scholarship percentages offered by Heinz College are renewable for subsequent semesters of enrollment however; any scholarship or fellowship offered may be reduced or rescinded for any of the following reasons:
- Changing the academic program of study
- A difference in the number of enrolled units originally used to calculate eligibility
- Extending the normal program length
- Deferment of offer of admission
- Failure to make satisfactory academic progress
- Financial aid overaward*
Tuition and scholarships post to student accounts on a mini-semester basis after each add/drop period at the Heinz Australia campus. Also note that for purposes of calculating your financial aid eligibility in US dollars, scholarship amounts in your financial aid award letter are converted from Australian dollars to US dollars using a 1.04477 conversion rate. The conversion rate used to calculate US federal financial aid eligibility is updated periodically throughout the year.
*Total scholarship from all sources generally may not exceed the cost of tuition and fees. Total financial aid from all sources must not exceed the total cost of attendance.
When you receive an invoice from Carnegie Mellon University or when you view your student account through Student Information Online (once you have been assigned an andrew ID and password by Carnegie Mellon University) you may find that your loan amount does not show as a credit on your student account. This is because loan disbursements do not appear on the student account until the loan funds actually disburse to the University.
Your loan funds are credited directly to your student account, generally, during the first week or so of classes. Loan disbursements are disbursed in US dollars and then converted to Australian dollars by the University when posting to the student account using the actual currency conversion rate that is in effect at the time of posting to the student account. Keep in mind that loans covering two semesters are disbursed in two equal payments, one at the beginning of each semester of enrollment for which the loan is intended. Applicable loan fees are deducted before disbursement to your student account.
For more information about Carnegie Mellon billing, visit http://www.cmu.edu/hub.
At the student’s request, the Accounting Office in Australia may request student account refunds for US federal loan borrowers at the Adelaide campus who have credit balances on their student accounts.
To make a request to have the refund generated in Australian Dollars (AUD), students must complete a student refund request form. Please contact the Accounting Office in Adelaide to request a copy of the form. Once the student refund request form is received, processing time may take 8-10 business days before funds are deposited to the student’s bank account indicated on the form.
To make a request to have the refund generated in US Dollars (USD), students must complete a student refund request form. Please contact the Accounting Office in Adelaide to request a copy of the form. Students must also enroll in electronic refunding via the Student Information Online portal, if they have not already done so.
Once the student refund request form is received, processing time may take 3-5 business days before funds are automatically deposited into the designated bank account.
Questions about student account refunds for US federal loan borrowers should be emailed to firstname.lastname@example.org.