Apply for Financial Aid

Apply for Financial Aid

LCCC’s Federal School Code is 003068

Apply before June 1 for Fall Semester – (preferred date)

The first step in the financial aid process at LCCC is to complete the Free Application for Federal Student Aid (FAFSA) for the current award year. Students are encouraged to apply early for all grants, scholarships and awards for which they may be eligible. For Fall Semester, applying prior to June 1 of each year will enable you to avoid the lines, late rush and ensures maximum award eligibility. Early application will allow for the completion of routine processing and possible corrections within the federal and state timelines, and will also allow the student reasonable time for personal financial planning. If you are attending Spring Semester, you should complete the FAFSA by October 1 of the award year, However, if you miss the priority dates of June 1 or October 1, it is still not too late to apply!

What are the Steps to Apply for Financial Aid?

Financial Aid Steps

All About the FAFSA
To be considered for Federal financial aid programs, you must complete the Free Application for Federal Student Aid (FAFSA). This form is often called the FAFSA (pronounced Faf-Sa). The information required on the FAFSA estimates your family's ability to contribute toward your educational costs

The FAFSA is the only form that may be used at LCCC to calculate your expected family contribution (EFC) for consideration of the following financial aid programs:

  • Federal Pell Grant
  • Federal Academic Competitiveness Grant
  • Federal Work-Study
  • Federal Family Education Loan (FFEL) Program

 

Note: Some schools require a supplemental application in addition to the FAFSA. At LCCC, the FAFSA is the only application form you will need for all federal, state, and LCCC financial aid.

Apply online – the fastest method!
You can complete the FAFSA online at http://www.fafsa.gov/. Applying online is faster and easier than the paper FAFSA, although you may still complete and submit the FAFSA in paper form. A FAFSA on the Web Worksheet is available online or at the LCCC Financial Services Center. The FAFSA on the Web Worksheet allows you to write down your information prior to completing the online submission of the FAFSA.

  • FAFSA on the Web identifies potential errors right away and prompts you to make on-the-spot corrections.
  • You get online instructions for each question, and you can access live online help with a customer service representative for free if you have additional questions.
  • Once you submit your application, your information is immediately sent to the U.S. Department of Education. You’ll get a confirmation notice right away when you click on “Submit My FAFSA Now.”
  • Computers and assistance is available at the LCCC Financial Services Center, LC 146, Monday through Thursday from 8:30 AM to 7:00 PM and on Friday from 8:30 AM to 4:00 PM.
  • Your application will be processed quickly, usually in three to five days, if you (and your parents, if applicable) provided electronic signatures using the PIN.

Getting Your Pin
Your personal identification number, a PIN, is an electronic access code number that serves as your personal identifier. Your PIN allows you to:

  • Apply online for federal student aid, using FAFSA on the Web.
  • “Sign” your application electronically and complete the student aid process completely online—no paper is involved.
  • If you’re a dependent student and one of your parents has a PIN, he or she can sign the application electronically online as well.
  • Make online corrections to your FAFSA.
  • Access your Student Aid Report and make online corrections to it.
  • Access your federal student aid records online, including your student loan history information on NSLDS.

Go to http://www.pin.ed.gov/ as soon as possible—don’t wait until you’re ready to apply for federal student aid.

  • You should request your PIN before you complete your FAFSA on the Web application. 
  • If you’re a dependent student, your parents should request a PIN also, so you and your parent can electronically sign your FAFSA on the Web before it’s submitted. That way, you’ll get your results much faster.

When requesting a PIN, you must provide your name (as it appears on your Social Security card), your Social Security number, date of birth, mailing address, and e-mail address (if you have one). After this information has been verified with the Social Security Administration’s records, a PIN will be generated.

If you provide an e-mail address, you’ll get an e-mail response that contains a link to your PIN in 1-3 days. We encourage you to add our e-mail address,

FederalStudentAidPIN@cpsemail.ed.gov to your e-mail address book to help prevent e-mail delivery problems. If you don’t provide an e-mail address, you’ll receive your PIN through regular mail in 7-10 days.

For questions about your PIN, go to http://www.pin.ed.gov/ or go to http://www.federalstudentaid.ed.gov/ or, call the Federal Student Aid Information

Center at 1-800-4-FED-AID (1-800-433-3243).

Information Needed to Complete the FAFSA
To complete your FAFSA, you’ll need to gather the following information:

  • Your Social Security number and your parents’ numbers, if you’re a dependent student.
  • Prior year W-2 forms and other records of money earned (by you and by your parents, if you’re a dependent student).
  • Your prior year Federal Income Tax Return (and that of your spouse, if you’re married).
  • Your parents’ prior year Federal Income Tax Return (if you’re a dependent student).
  • Any foreign tax return or tax return from Puerto Rico.
  • Your prior year untaxed income records—examples include Social Security benefits, welfare benefits such as Temporary Assistance to Needy Families (TANF) and veteran benefits.
  • Your current bank statements, business and investment mortgage information; business and farm records; and stock, bond and other investment records.
  • Your alien registration number (if you are not a U.S. citizen).

If possible, have the necessary prior year income tax returns finished so you can complete the FAFSA more easily and accurately. If you apply before your tax return has been completed, you’ll have a two-step application process.

  • Step 1—Apply and estimate your tax information on your application.
  • Step 2—Make corrections later if your estimated income or tax information was not accurate. You cannot receive federal student aid unless all your information is complete and accurate.

Dependency Status
When you file the FAFSA, the financial information you report will be used to determine if you need financial aid. That information will be used to determine whether you receive any type of need-based federal student aid and, if eligible, how much federal financial aid you will receive.

You’ll need to determine whose information to report on the FAFSA—yours, if you’re an independent student; yours and your spouse’s, if you’re an independent and married student; or yours and your parents’ if you are a dependent student. When you apply for federal student aid, your answers to the questions in Step 3 of the paper FAFSA, or in Step 2 of the electronic online FAFSA, determine whether you are considered a dependent or independent student.

Dependent students must report their parents’ income and assets on the FAFSA as well as their own. If you’re considered a dependent student, your parents are expected to contribute toward the cost of your education. Federal student aid programs are based on the concept that a dependent student’s parents have the primary responsibility for paying for their child’s education.

Dependency Status – you’re an independent student IF you can answer yes to at least one of the following questions:

  • You were born before Jan. 1, 1987.
  • As of today, are your married?
  • At the beginning of the 2010-2011  school year, will you be working on a master's or doctorate program such as an MA, MBA, MD, JD, PhD, EdD, graduate certificate, etc?
  • Are you currently serving on active duty in the US Armed Forces for purposes other than training?
  • Are you a veteran of the US Armed Forces?
  • Do you have children who will receive more than half of their support from you between July 1, 2010 and June 30, 2011?
  • Do you have dependents(other than your children or spouse) who live with you and who receive more than half of their support from you, now and through June 30, 2011?
  • At any time since you turned age 13, were both your parents deceased, were you in foster care or were you a dependent or ward of the court?
  • Are you or were you an emancipated minor as determined by a court in your state of legal residence?
  • Are you or were you in a legal guardianship?
  • Are you an Unaccompanied Homeless Youth as determined by High School/Homeless Liaison?
  • Are you an Unaccompanied Homeless Youth as determined by HUD?
  • Are you homeless or at risk of being homeless?

If none of these criteria apply to you, you’re a dependent student.

The SAR and Why It’s Important
Your Student Aid Report (SAR) shows all the information you gave on your FAFSA. Your SAR will usually contain your Expected Family Contribution (EFC), the number used in determining your eligibility for federal student aid. Your EFC will appear in the upper right-hand portion of a paper SAR and at or near the top of an electronic SAR. You might not get an EFC if we need more information from you to process your data. After you apply for federal student financial aid you’ll receive your FAFSA results in your SAR:

  • You will receive your SAR by e-mail 3-5 days after your FAFSA has been processed, if you provided an e-mail address when you applied. This e-mail will contain a secure link so you can access your SAR online. If you have a “junk” folder or “spam” folder in your e-mail files, check it. The e-mail might be delivered there instead of to your inbox. We encourage you to add the FAFSA email address, FederalStudentAidFAFSA@cpsemail.ed.gov, to your e-mail address book to help avoid delivery problems.
  • If you do not provide an e-mail address when you apply, you will receive a paper SAR by mail in 7-10 days after your FAFSA has been processed.
  • Whether you apply online or by paper, we will automatically send your data electronically to the schools you listed on your FAFSA.

How to Make Corrections to your SAR
If you notice something isn’t right or if something has changed on your SAR, you can make corrections to your SAR. We suggest you contact the LCCC Financial Services Center to assist you with these corrections.

  • LCCC Financial Services Center will be happy to assist you with any corrections necessary and will be able to make them for you electronically.
  • You can make them online using your PIN, by going to http://www.fafsa.ed.gov/ and selecting “Make Corrections to a Processed FAFSA.”
  • Or, if you received a paper SAR, make any necessary corrections on that SAR and mail it to the address on the form for processing.

What’s Next
Once you receive your SAR, review it carefully to make sure it’s correct and complete. As long as you list LCCC’s Federal School Code, 003068, LCCC will receive the information on your SAR electronically from the U. S. Department of Education. You will then be notified by the LCCC Financial Services Center of any additional documents you need to complete your financial aid file. Once we receive all of the necessary documents, you will receive an Award Letter from LCCC detailing the financial aid available to you.

 

Announcements

It's not too late to register for Fall classes

Short-term fall semester classes begin September 29 and later.  


LCCC North Entrance Closure

LCCC's North Entrance will be closed from 4:40-5:20 p.m., Friday, Sept. 19 for a Cross Country meet. Please plan accordingly.

Get Involved in Student Government

Student Senate seeking candidates for several open positions. To learn more, please stop by the Student Life office in College Center or contact Student Life at (440) 366-4036 or slevents@lorainccc.edu. Application deadline is Sept. 26, 2014.

Public Notice

Accreditation Commission seeks public comments on the associate degree nursing program. Learn more.  

Earn College Credit For Work and Life Experience

Attend an information session for Prior Learning Assessment and find out about the methods used to help you earn college credit for what you have learned through work and life experiences.
 
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MyUniversity

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

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 and spring 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. 

Lorain County WIN

LCCC and the JVS have launched Lorain County WIN (Workforce Innovation Network), a new partnership providing workforce training to Lorain County. Learn more at www.loraincountywins.com.