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 federal student loans to cover any educational expenses that are not fully covered by their federal grant(s) and/or scholarships. 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.
Lorain County Community College
1005 North Abbe Rd.
Elyria, OH 44035