To apply for financial aid, follow these steps:
Step 1: Apply for admission to LFCC.
You must ensure that you are enrolled in an eligible curriculum to receive financial aid. Eligible academic curriculums are degree and certificate programs that have been approved by the Department of Education and are available at the Admissions and Records Office.
While it is not a requirement for you to provide your Social Security Number (SSN) on the admissions application, it is a requirement that the College have your SSN in order to process your financial aid application. If you choose not to provide your SSN on your admissions application, the processing of your financial aid application will be delayed until the information is provided to the Admissions and Records Office.
Step 2: Complete the Free Application for Federal Student Aid (FAFSA).
You must complete this form to apply for both federal and state grants. You may complete the form online at the above link. List the LFCC school code (008659) on the FAFSA to ensure LFCC receives your results. You (and your parent, if applicable) are required to have a Federal Student Aid (FSA) ID, from the Department of Education. The FSA, made up of a username and password, allows you to access certain Department of Education websites. Your FSA is used to confirm your identity when accessing your financial aid information and electronically signing your federal student aid documents. More information about the FSA ID replacing the Personal Identification Number (PIN) is available here.
- A great resource for completing each question on the FAFSA is available at http://www.FederalStudentAid.ed.gov/completefafsa
- An easy step-by-step tutorial for help with the FAFSA is available at Seven Easy Steps to the FAFSA: A Student’s Guide to the Free Application for Federal Student Aid tutorial
- An easy step-by-step tutorial on creating a FSA ID is available at How to Create an FSA ID
To ensure processing prior to the early registration payment deadline, submit your FAFSA by June 1st for the fall semester and November 1st for the spring semester. Applications will be accepted after those dates, but you should have other payment options in place in case we cannot complete your Financial Aid file review prior to the early registration payment deadline each semester.
Students who are under the age of 24 and answer “No” to all the questions in Step 3 of the FAFSA are required to provide parent information on the application. If a student has extenuating circumstances that prevent him/her from providing parental information, it may be possible for the Financial Aid Office to consider a dependency override that allows the student to apply for financial aid without parental information. Students who feel that their circumstances warrant a dependency override should contact the Financial Aid Office to request an appointment. Each request is reviewed by the Director on a case-by-case basis.
Once you complete and submit your FAFSA form, it takes 5-7 business days for LFCC to receive your Student Aid Report (SAR) provided that our school code is on your application. The SAR is an exact record of the information you and/or your parents supplied on your FAFSA form. You should review your SAR to determine if there were any errors on your form or to update any information that FAFSA is requesting. This form does not need to be submitted to the Financial Aid Office. If your form has no errors and has not been selected for verification (the process where the Financial Aid Office must verify the information contained on your FAFSA form), your Financial Aid award should be posted within a few days of LFCC receiving your completed form. If you are selected for verification, your award cannot be posted until you submit all of the required documentation and the verification process is completed.
Step 3: Financial Aid Communications
The Financial Aid Office will review your SAR and let you know if you are eligible for financial aid. All award information is sent to your LFCC student e-mail account. If your SAR has been selected for verification, the LFCC Financial Aid Office will send an e-mail to your LFCC student e-mail account to ask for additional documents. It is your responsibility to check your LFCC student e-mail account for these notices. If you wish to continue to receive these notifications via postal mail, please contact the Financial Aid Office with this request by e-mail at fina…@lfcc.edu.
Step 4: Review your Financial Aid Awards
To review your financial aid awards online, log on to your My LFCC account and follow the instructions below:
- Click on VCCS SIS: Student Information System
- Click on Student Center
- Click on View Financial Aid
- Select the appropriate aid year. For example 2015 represents the 2015-2016 award year.
Your awards for the academic year should now appear. Notice that your awards for each term (fall and spring) are provided and are based on full-time enrollment.
If you are not enrolled in at least 12 credits, to view your pending award amount based on your actual enrollment, view the 2015-2016 Pell Chart or:
- Click on VCCS SIS: Student Information System
- Click on Student Center
- Click on Account Inquiry
- Click on Pending Aid
- Click box that says ‘CLICK HERE to see Pending Financial Aid Based on Actual Enrollment’ (available through the longest session of each semester’s last day to drop a class to qualify for a refund)
- Full-time enrollment = 12 or more credits
- Three-quarter time enrollment = 9-11 credits
- Half-time enrollment = 6-8 credits
- Less than half-time enrollment = 1-5 credits
Most financial aid programs require students to be enrolled for a minimum of 6 credits. You may want to review your Financial Aid Award Notification e-mail for more information or review the requirements for your awards on the Types of Financial Aid page.
Any enrollment change (drop, withdraw, never attend or stop attending) may result in a debt to financial aid (aid eligibility may decrease) and/or LFCC. See the Financial Aid Office for assistance on the impact to your award(s) before making any enrollment decrease or before you stop attending. If you begin attendance in a class(es) and do not finish, you may owe a portion of your award(s) back to LFCC and/or the Department of Education.
To assist you in estimating your family’s contribution (cost), we have developed a Net Price Calculator. The calculator will estimate your Parent Contribution and Student Contribution. This calculator is meant to be used as a tool for prospective students who are U.S. citizens or permanent residents living in the United States. If you have questions about the Net Price Calculator please contact the Financial Aid Office.
Step 5: Credit balance
Any amount of grant, loan, and/or scholarship remaining after all current semester charges are paid, either out-of-pocket and/or with financial aid funds, will be refunded to you in the form of a refund check (mailed to your address of record at the College) approximately three to six weeks from the beginning of the semester, depending on the type of financial aid you have and when your specific classes begin for the respective semester.
Contact the Financial Aid Office