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Deferment Information

See the Bookstore Dates to find out when you can use your financial aid at the bookstore.

Class Deferment

CNM offers a class deferment to prevent students’ classes from dropping for nonpayment during registration periods. You may also request a bookstore deferment and use your financial aid at the bookstore.

A class deferment is automatic and allows a student to charge educational costs against any financial aid the student is scheduled to receive. On disbursement day students will receive awards that are adjusted to reflect eligible financial aid hours less any charges they’ve accrued such as tuition, fees, as well as books. 

  • Please confirm that you have a deferment in place before the payment deadlines. Your deferment can be viewed on your online schedule. Your financial aid deferment is printed on the lower left-hand portion of the page under the heading “Financial Aid Memo.”
  • Loan, grant, and scholarship deferments will update the following business day after you have registered. Loan and scholarship deferments require a student to be registered in at least 6 eligible credit hours.
  • Students on Financial Aid Warning who anticipate falling into financial aid suspension should make payment arrangements with Cashiers so that their classes are not dropped.

If you have been suspended from receiving financial aid, you are not eligible for a class or bookstore deferment unless your appeal has been approved.

Bookstore Deferment

A deferment authorization allows a student to charge educational costs (books and supplies) against any financial aid the student is scheduled to receive. CNM offers deferments because financial aid checks are released after the term begins.

To authorize a bookstore deferment, log into your my CNM account, select Financial Aid. Notice in the “Financial Aid Requirements” Section, if you have not completed the deferment authorization, it will state “Sign the Deferment Authorization Form.”  Select this statement and complete the authorization online.

CNM students may rescind the deferment authorization at any time during their enrollment at CNM.

  • CNM allows you to charge your books if you are making satisfactory academic progress and all required paperwork for your financial aid file is complete.
  • A deferment allowing you to charge your books at CNM is an unofficial award based on a preliminary estimate of your eligibility.
  • If your financial aid is canceled for any reason, or if your financial aid does not cover all your charges, or if the charges are not deducted from your aid, then you are responsible for paying in full any charges owed CNM or CNM Bookstore.
  • If your balance is not paid before the end of the term, a hold may be placed on your registration and academic records, and your account may be turned over for collection.

When you defer your costs, CNM deducts what you owe from your financial aid check.

Bookstore Charges That Are Allowed at CNM

  • Backpacks
  • Calculators
  • Computers
  • Diskettes
  • Equipment required for class
  • Lab supplies
  • Other supplies written and required by the course instructor
  • Paper, notebooks
  • Pens, pencils, erasers
  • Tape recorders and blank cassettes
  • Textbooks
  • Tools and kits
  • Uniforms

Bookstore Charges Not Allowed at CNM

  • Clothing
  • Cosmetics
  • Jewelry
  • Personal hygiene products
  • Snacks, candy, beverages, or other food items
  • Souvenirs
  • Stereo equipment, radios
  • Sunglasses