-
Apply Early! Avoid the wait and the lines and complete the 2007-2008 Free Application for Federal Student Aid (FAFSA) by June 1 each year – the priority filing date. This is your first step in the financial aid process and determines your eligibility for the Pell Grant, Ohio Grant, Federal Work Study, and Stafford Loans.
-
List LCCC’s School Code as a choice on your FAFSA – 003068! You need to list LCCC as a college choice on your FAFSA so that we are able to retrieve your information from the Department of Education. If you don’t list our code, we aren’t able to receive your information.
-
Apply for your pin number on-line at http://www.pin.ed.gov/. Request your pin number 48 hours prior to completing FAFSA on the Web. Your pin number allows you to “electronically sign” your FAFSA to expedite processing. Your pin number stays with you from year to year and you only need to request your pin number once. If you are a dependent student, your parent will also need a pin number.
-
Apply for the FAFSA on the Web at http://www.fafsa.ed.gov/. It is important to answer all of the questions on the FAFSA. If you have questions, ask the Financial Services Representatives in the Financial Services Center for help.
-
Comply with all requests for information from LCCC. Additional forms, tax returns, or information may be needed to complete your financial aid file. You’ll be notified by mail of what is needed. The sooner you return the request, the sooner your financial aid will be available to you.
-
Pell & Academic Competitiveness Grant Registration Deadline: Register for all classes, including sub-terms, by the 14th Day of the Semester. To receive Pell Grant & ACG payment, you must be registered for all classes in that term (including sub-terms) by the 14th Calendar Day from the start of the Semester.
-
Summer 2007 14th Day = June 4, 2007
-
Fall Semester 2007-2008 14th Day = September 4, 2007
-
Spring Semester 2007-2008 14th Day = January 28, 2008
-
Summer 2008 14th Day = June 2, 2008
-
Loan eligibility – you need a minimum 2.0 LCCC cumulative GPA and must enroll in 6 credit hours each term to be eligible to borrow under the FFEL Stafford Subsidized and Unsubsidized Loan Program.
-
Ohio Instructional Grant/Ohio College Opportunity Grant – To apply, students must complete the current year Free Application for Federal Student Aid (FAFSA) by October 1. LCCC will notify students of their eligibility through the LCCC Award Letter based on eligibility information received from the Ohio Board of Regents. If a student is selected for verification by the U. S. Department of Education, the verification process must be complete before the OIG or OCOG award is valid. You must be enrolled in a two year degree or pre-bachelor degree program. One year programs and certificate programs are not eligible for OIG or OCOG funds. Official enrollment determination is made on the 14th calendar day after the start of the semester which is referred to as the census date. Changes in enrollment prior to the census date will not count for OIG or OCOG payment.
-
Complete the classes you sign up for! This is the best way to remain in compliance with LCCC Standards of Academic Progress (SAP) policy. The requirements you need to maintain are on our website at
http://www.lorainccc.edu/financialaid/. Then, click on Academic Progress Requirements on the left menu.
-
Attend your classes! Class attendance must be documented by your instructor to receive Pell Grant, Academic Competitiveness Grant, and Stafford Loan for the semester.
-
Check with a Financial Services Representative before you withdraw from classes. If you withdraw completely from all classes for the semester, you are subject to the Department of Education’s Return of Title IV Funds Policy. This means that you may end up owing money to LCCC and/or the Department of Education if you withdraw too early in the semester.
-
Disbursement of aid occurs after the 5th week of the semester at LCCC! Pell Grants are disbursed after the fifth week and Stafford Loans are disbursed after the sixth week of Fall and Spring Semesters. Summer aid is not disbursed until after July 1. Any remaining money due you will be mailed at that time. Your tuition, books, supplies and other fees are deducted from your financial aid and any remaining balance will be sent to you after the fifth week of the semester.
-
Read your Award Letter! Your award letter confirms that your FAFSA has been processed and received by LCCC. It states your eligibility for grants, loans, and scholarships. Please note: amounts listed on your award letter are based on full time enrollment for two terms. Your actual award(s) will be prorated based on your enrollment status and attendance.
-
Apply Annually! You must apply for Financial Aid each academic year.