Financial Aid and Federal Education Loans

Financial Aid and Federal Education Loans

For many LCCC students, payment for their education comes in the form of:

  • Financial aid grants, which is money provided to students based on their financial need.
  • Student education loans, which are federal loans administered through Lorain County Community College.

Financial Aid Grants 

Financial Aid Grants are free dollars given to college students by the U.S. Department of Education or the State of Ohio, and are awarded on the basis of financial need. A single online application, the Free Application for Federal Student Aid (FAFSA) will determine your eligibility for financial aid grants. Grants do not have to be repaid by the student.

Using your financial aid for books and other non-tuition expenses (permission slips)
Financial aid may be used only to pay tuition unless you "grant permission" for your financial aid to be applied for books, graduation fees and other educational expenses. If you have received financial aid, and you would like to apply your aid to non-tuition expenses, you must complete a permission slip on MyCampus.

Federal Direct Student Loans

After students receive their financial aid award notification, they may take out student loans to cover educational expenses that are not fully covered by their financial aid. Students borrow directly from the federal government through Lorain County Community College.  Students are required to pay back student loans based on the terms of their loan agreements.

Questions?

Lorain County Community College
Financial Services 
1005 North Abbe Rd.
Elyria, OH 44035

Phone: 440-366-4034

Announcements

15 to Finish: Add a Late-Start Class Today

Take at least 15 credit hours per semester and you'll be closer to graduation and closer to your career. There’s still time to add a class to your schedule. Late-start courses begin March 23.
   
Click here to see the short-term class schedule and to register.

Use Caution in Parking Lots

Workers are replacing the light fixtures on campus roads and parking lots. Some roadways and parking spaces will blocked off during this time. Please be very careful and slow down.

MyTuition Guarantee

LCCC students now have the opportunity to participate in the MyTuition Guarantee. This new program holds tuition and fee rates for students registering in fall 2014, spring 2015, or fall 2015 for up to three years or until the completion of a degree, whichever comes first.
  
Click here to learn more and to complete the Completion Pledge. 

MyUniversity

Students can save up to 80 percent on the cost of a traditional college degree. Learn more at www.lorainccc.edu/myuniversity.

Financial Aid Filing Fairs

LCCC will offer free help for anyone filing a FAFSA form - regardless of the college they plan to attend - at a series of Financial Aid Filing Fairs held in February and March. Click here for details and to register online.

Sign Up for Text Alerts

Sign up to receive text message alerts in the event of campus emergencies, campus closings, campus power outages and severe weather announcements at www.lorainccc.edu/alerts.

MBA Program Begins in Fall 2015

Beginning in fall 2015, Youngstown State University’s Williamson College of Business Administration will offer a master’s of business administration degree through the University Partnership. Learn more.