Welcome to the Financial Services Center

Loan Disbursement for Fall Term

Remember – you must be enrolled and attending at least six credit hours at the time of loan disbursement to receive funds!

Pell Grants will be released in one disbursement, but William D. Ford Federal Direct Loans will now be disbursed in two payments during each term. The payments will be based on commencement of attendance and the midterm grades. For full term classes, the disbursements will occur about the fifth and tenth week of fall and spring semesters. At the first disbursement, students must commence attendance and be currently enrolled in a minimum of six credit hours. To receive the second loan disbursement, students must be currently enrolled and actively pursuing course completion in a minimum of six credit hours.

Processing of refunds will begin the fifth week of the term and checks will be generated later that week.

Expect your first fall term refund the week of September 29.

Apply for a Student Loan

Apply online for a Federal Direct Student Loan.

Click here to learn how.

Financial Literacy Workshop

Students with "FA Workshop" listed on their MyCampus To Do list are required to attend.

Students who want to learn more about Money Management are also encouraged to attend.

Click here to register or to learn more.   

Online Resources for Financial Aid Information    

Click here to download

How To View Your LCCC Financial Aid Refund Check Amount

Click here for instructions

Viewing Your Financial Aid

Information about your 2013-2014 FAFSA and Federal financial Aid is available to you through your MyCampus account!
Click here for details and instructions

Financial Aid for Books

To use financial aid at the bookstore, all items on your “To Do” list must be cleared and you must have a “Bookstore Eligibility” amount showing under the “Hold” column on your MyCampus account.

Calculating Pell Grant Lifetime Eligibility Used

The amount of Federal Pell Grant funds a student may receive over his or her lifetime is limited by a new federal law to be the equivalent of six years of Pell Grant funding.
Learn more

American Opportunity Credit for College Expenses

The American Opportunity Tax Credit (AOTC) was originally included in the American Recovery and Reinvestment Act and was recently extended for two years as part of the Unemployment Insurance Reauthorization and Job Creation Act of 2010. 

The AOTC provides a maximum tax credit of $2,500 for qualified tuition and related expenses for the first four years of post-secondary education.  Qualified expenses include tuition, fees, and required textbooks and course supplies not covered by grants, scholarships, or assistance provided by an employer. 

This partially refundable tax credit, which replaced and expanded the HOPE tuition credit, is helping to make college more affordable for millions of middle-class families. 
Learn more   

New Federal Direct Loan Process

With the Federal Direct Loan Program, students borrow directly from the federal government through Lorain County Community College.  This includes the:

  • Federal Subsidized Stafford Loan
  • Federal Unsubsidized Stafford Loan
  • Parental Loan to Undergraduate Students (PLUS)

Click here for details

Apply Early!

Complete the 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, Federal Work Study and Stafford Loans.

The U.S. Department of Education has created a video with tips for completing your FAFSA.
Click here to view video.

Scholarships

Be sure to check out
scholarship opportunities!

Click to learn more

LCCC Financial Services Center

1005 N Abbe Rd.
Bass Library, First Floor

Phone: (440) 366-4034
Fax: (440) 366-4634

Click here for our staff directory.  

The Lorain County Community College Financial Services Center is a one-stop location where students can apply for financial aid including grants, loans and scholarships and make arrangements to pay their student account via the payment plan, credit card, or cash payment. The Financial Services Center is dedicated to assisting students in finding a way to pay for college.

Hours of Operations

  • Monday and Thursday: 8:30 a.m. to 7:30 p.m.
  • Tuesday, Wednesday and Friday: 8:30 a.m. to 5 p.m.

Computers are available for student use in applying for the Free Application for Federal Student Aid (FAFSA) and online entrance loan counseling. Staff members are available for assistance with these online applications during office hours.

Federal Requirement Alert

Due to changes in federal requirements the Financial Services Center must now collect additional information and documentation from some students.  All requests will be shown on your “To Do” list.  It remains very important that you continue to check your MyCampus and LCCC email accounts for information and instructions.

 

Student Employment
Student employment is an important source of financial assistance. The employment program has assisted many students in defraying their educational costs and in gaining work experience.
Click here to learn more. 

Grants 
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. LCCC participates in both the Federal Pell Grant and Federal Supplemental Educational Opportunity Grant programs. The application used to determine student's financial need and grant eligibility is the Free Application for Federal Student Aid (FAFSA). This single application determines eligibility for all federal financial aid including the Federal Pell Grant, Federal Supplemental Educational Opportunity Grant (FSEOG), Federal Work Study and the Direct Student Loan Program. Therefore, all students who plan to attend LCCC and wish to apply for financial aid should complete the FAFSA on the Web at http://www.fafsa.ed.gov/. FAFSA on the Web Worksheets are available in the Financial Services Center.

Financial Aid Forms

Charging Textbooks with Your Financial Aid Payments
If you would like to use your financial aid for books and other non-tuition expenses, you will need to “grant permission” in MyCampus and complete any other items that are outstanding in your checklist.
Click here for details

If the Bookstore staff is unable to see your financial aid, the Financial Services Center staff (located on the first floor of the Bass Library/Community Resource Center) will write students paper book slips to charge their textbooks to their available financial aid. We appreciate your patience and understanding as we are working hard to transition to our new system.

Remember you must purchase all required books before purchasing electronic devices such as laptops, PC’s, iPads, etc.  Students are limited to only one electronic device per academic year.

Attention Part-Time Students!
Financial assistance is available to you in the forms of federal grants, loans and scholarships. See the Financial Aid Office to determine eligibility or find information on the following programs available to part-time students: Federal Pell Grant, Federal Family Education Loan Program (Stafford and PLUS Loans), LCCC Trustee Scholarship, LCCC Presidential Scholarship and LCCC Incentive Award for Non-traditional Students.

Tuition Reimbursement
Many Lorain County employers offer tuition reimbursement programs to their employees, meaning the employer pays for college coursework. To find out more, please check with your employer.

Academic Withdrawal
Learn about how academic withdrawal How it can impact you, both academically and financially.
Click here for brochure.      

Announcements

Register Now for Spring

Be a success! Register now for Spring Semester 2015. Classes begin January 20. Click here for registration information.

Midterm Grades Now Available

Fall Semester students are encouraged to check midterm grades by logging into MyCampus going to the Student Center. Please refer to www.lorainccc.edu/grades for detailed instructions.

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.
 
Click here to learn more and register.

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.