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Conditions of Financial Aid and Scholarship Offers

- Please read this document thoroughly and retain it for future reference -

  1. What you need to do accept or decline each of your aid offers:

    Please review your financial aid offer carefully. The offers indicated in your letter are TENTATIVE.  If you wish to receive the aid offers YOU MUST LOG-IN TO YOUR NET PARTNER ACCOUNT AND OFFICIALLY ACCEPT OR DECLINE THE AID OFFERS ONLINE.  You may also decline or modify your offers online through Net Partner.  Failure to accept or decline your financial aid or scholarship award(s) will delay our ability to disburse funds.  Please notify our office if you do not plan on attending the College of Southern Idaho.

  2. What you need to know:
    • You must be enrolled in an eligible course of study. An eligible course of study is at least one academic year (9 months) in length and leads to a certificate or degree.

    • You must be enrolled in eligible courses that go towards your declared degree or certificate. Eligible courses are required courses for your program and will satisfy program requirements.

    • You may not use federal financial aid for completing your high school diploma or GED, self-improvement course work, or the Certified Nursing Assistant or any workforce development programs.

    • This offer is contingent upon the availability and actual receipt of funds by the College of Southern Idaho.

    • A “Revised Offer” replaces all prior offers of financial aid. Your award may be adjusted, cancelled or revoked for the following reasons: (1) inadequate institutional, state or federal aid; (2) changes in your enrollment status; (3) failure to notify the financial aid office of your acceptance as indicated above; or (4) receipt of additional information which negates your eligibility.

    • Grant, Work Study, Scholarship, Activity Award, and Tuition Waiver funds do not have to be repaid upon completion of your program. Any award that includes the term “loan” must be repaid.

    • All offers of campus-based funds (Work-Study and FSEOG) will be revoked if you fail to notify the CSI Financial Aid and Scholarship Office of your acceptance as indicated above within 30 days of this offer and/or you fail to register for classes by the end of the first week of the semester.

    • If you are receiving a student loan as part of your award package, we are required to inform you that you have the right to cancel all or a part of your loan within the first 14 days after you receive your loan funds.  Please complete and submit the Loan Cancellation Form, found online, to cancel your loan.

    • Awards will be made based on the number of eligible credits the student is enrolled in at 8:00 a.m. on the second Monday of a regular semester.

  3. Requirements for Scholarship Students:

    Students must submit a separate scholarship application for each year of enrollment. The priority date for the General Scholarship Application is March 1. Applications submitted after this date - through the final deadline of September 1- will be included in the second round of awards. Awards are made in date order of receipt of the application. Awarding begins as soon as an annual budget is approved by the Foundation Board, typically in May. All CSI Scholarship awards are merit-based with a minimum 2.8 GPA required. The only exception is the New Hope Scholarship, which requires a High School GPA of 2.5 for incoming students.

    A social security number is required for all applicants who are US Citizens, per IRS reporting rules and CSI procedures. While citizenship is not required, students who do not have an SSN will be contacted by the Scholarship Office to create an alternate SSN in the system.

    Scholarships are awarded based on GPA and enrollment status. The CSI cumulative GPA is used once the student has completed at least 12 institutional credits. High School Transcripts are used for all graduating seniors and transfer GPAs are used for students who enter from other institutions. Students without any previous transcripts are placed on hold for one term or until they complete 12 credits of CSI coursework. GED scores are converted to GPAs before awarding.  Scholarship awards which are determined by in progress high school transcripts will require a FINAL official high school transcript by July 1 to keep that scholarship awards. Students receiving scholarship awards are required to complete their registration and accept any pending awards by August 1 for the fall semester and by December 15 for the spring semester. Students not fully registered before the corresponding date for that term will have their awards removed and the funds will be redistributed to other eligible students.

    Spring awards will renew automatically (no new application required) as long as the student’s GPA and enrollment status remain constant. Awards will be removed from students who drop below a 2.8 GPA after the fall or summer terms and awards will be reduced for students who enroll in fewer credits than they were initially awarded at. A minimum of 6 credits are required for all merit-based scholarships. Check the individual requirements for your award in your Net Partner portal via MyCSI.

    Students must be degree-seeking at CSI and must have completed High School or received a GED to be eligible. Students on consortium where CSI is the host institution are not eligible for CSI awards. Courses taken for audit do not count towards your enrollment for Foundation scholarships. 

    Foundation and institutional awards are only packaged to maximum budget. If additional awards are received, we will reduce or remove awards in the following order: loans, work-study, Foundation scholarships, and institutional scholarships. Outside scholarships are only adjusted if the donor requests they solely used for tuition, books, and fees (if those items have already been paid) or if the donor(s) specify must be packaged only to max budget.

    If you have any questions about your awards, please contact the CSI Scholarship Office at (208) 732-6250 or email us at CSIScholarships@csi.edu. These Terms and Conditions are posted on our website.

  4. Standards of Academic Progress:

    All students are required to meet CSI’s Standards of Satisfactory Academic Progress (SAP) in order to receive and maintain eligibility for financial aid funds. Students must meet all standards (general requirements, GPA requirements, completion rate requirements, and maximum credit hour requirements) to initially be eligible for and maintain eligibility for financial aid. The standards of eligibility for some scholarships or awards may differ as defined by the awarding agency or department from which the award was made. You can read more about Satisfactory Academic Progress (SAP) by going online to www.csi.edu/sap

  5. Repayment of Unearned Financial Aid Funds:

    Students who withdraw (officially or unofficially), fail to complete, or simply stop attending any or all of their classes during the semester may be required to repay a portion of the financial aid received for that semester. Refunds and repayments are based upon the percentage of the semester completed at the time of withdrawal.  By accepting your financial aid, you have become responsible for, and agree to pay back any and all overpayment of funds.  All scheduled funding for the upcoming semester will be cancelled. Students wishing to reinstate loans for the upcoming semester will need to submit a loan request form. Overpayments must be paid prior to registering for any following semesters.

  6. Payment of Awards:

    CSI delivers your refund with BankMobile Disbursements, a technology solution, powered by BMTX, Inc. Visit this link for more information: https://bankmobiledisbursements.com/refundchoices/.