LCC > Enrollment Services > Financial Aid
  Financial Aid Rights and Responsibilities
 

 

 
 
General Information
www.studentaid.ed.gov/pubs
  • Lansing Community College reserves the right to change or withdraw any offer of Financial Aid if changes occur that require us to do so.

  • ALL FINANCIAL AID CHECKS ARE MAILED.  Be sure to verify your address with LCC Enrollment Services.

  • Audited courses cannot be paid for with any financial aid funds.

  • Student Financial Need is based on the figures listed below:

Cost of Attendance (COA) – This is determined by LCC for each student.  COA includes estimated costs for tuition & fees, books & supplies, transportation, and living expenses.

Expected Family Contribution (EFC) - The information that you report on the Free Application for Federal Student Aid (FAFSA) is used to calculate your Expected Family Contribution (EFC).  This number is used to determine the type and amount of federal and state financial aid available to you.

     Cost of Attendance (COA)
─  Expected Family Contribution (EFC)
=   Financial Need

 LCC will try to award financial aid, including loans, to students in order to meet their full financial need.  Lack of funding or other circumstances may prevent LCC from meeting full financial need for all students.

What if I drop a class and I have received Financial Aid?

  • If you fail to complete all classes that you register for, you may have to repay a portion of the financial aid you received.

  • If you drop a class for a refund or change any course to Audit status, you may be asked to repay some of the financial aid you received.

  • If you drop a class, it may affect your eligibility for financial aid based on the Satisfactory Academic Progress (SAP) policy, as described below.

Satisfactory Academic Progress (SAP)
  www.lcc.edu/catalog/policies_procedures/financialaid.htm

Students who receive any type of Financial Aid must maintain Satisfactory Academic Progress (SAP) while attending Lansing Community College.  SAP includes all credits attempted even if you were not receiving  financial aid at the time you attempted the credits.    To meet SAP at LCC, you must maintain a:

  1. Cumulative Grade Point Average (GPA) of a 2.0 or better in all courses attempted at Lansing Community College.

  2. Cumulative completion ratio of 70% or better of all courses attempted at Lansing Community College.

  3. Completion of the declared program of study within 150% of the credit hours required for the educational program.

 

**If you have documentable, extenuating circumstances, you may complete a Financial Aid Appeal and return it to the Enrollment Services Office.  

Scholarships & Waivers
www.lcc.edu/scholarships

Scholarships are awarded to students based on financial need or academic merit.  Each scholarship has different eligibility rules. 

  • To inquire about State Scholarship funding, contact the State of Michigan Office of Scholarships and Grants at 1-888-4GRANTS.
  • Scholarships are generally awarded evenly between Fall and Spring Semesters, unless otherwise requested by the donor.  Exceptions:  Michigan Merit Award and Michigan Promise Scholarship.

  • Go to www.fastweb.com to complete a free scholarship search.

  • Waiver funds are scholarships designated to pay all or a portion of Tuition and Fee Charges.

Grants
www.lcc.edu/finaid/grants.htm

Grants are awarded to high-need students based on the results from the FAFSA. Grants do not normally need to be repaid.  The Federal Pell Grant is disbursed based on the following enrollment levels.   

Enrollment

Fall/Spring/Summer

Pell%

Full-Time

> 12 credits

100%

3/4 Time

9-11 credits

75%

1/2 Time

6-8 credits

50%

1/4 Time

< 6 credits

25%

 Unless notified otherwise, you are NOT required to do anything to accept grant funds; you accept the award by enrolling. 

Work-Study
www.lcc.edu/finaid/workstudy.htm

Work-Study is a program that allows students to work in Student Employment positions at LCC.  The total amount of Work-Study that you are offered depends on your level of financial need, and your ability to find Student Employment.

  • To Accept Work-Study - Contact the Center for Employment Services (CES) - GVT 2440, (517) 483-1172 - to explore job opportunities.  Work-Study eligibility does not guarantee employment.

  • To Decline Work-Study – Complete a Work-Study Alteration Form and return it to the Enrollment Services Office.

  • To Request Work-Study - Complete a Work-Study Alteration Form and return it to the Enrollment Services Office.

  • Work-Study is paid to students in the form of a bi-weekly paycheck. 

Loans
www.lcc.edu/finaid/loans.htm

Federal Direct Stafford Loans

A Stafford Loan is a type of Financial Aid that must be repaid.  In order to be eligible for loans you must meet Satisfactory Academic Progress at LCC.  Please Note:  You may not sign a Master Promissory Note (MPN) until a loan has been processed for you by LCC. 

  • To Accept a Loan – Complete a current year Federal Direct Loan Application and return it to the Enrollment Services Office in GB203.  You must complete all the requirements listed on the loan application. Please Note: Students who have signed an MPN for LCC as of August 2003 generally will not need to sign again.

  • To Decline a Loan – Complete a Loan Alteration Form and return it      to the Enrollment Services Office.

  • To Reduce a Loan Award - Complete a Loan Alteration Form and return it to the Enrollment Services Office.

Federal Parent Loans

A Parent Loan for Undergraduate Students (PLUS loan) is a credit based loan that a Parent is able to borrow on behalf of a child.   

  • To Accept a PLUS Loan – Complete the PLUS loan Application and return it to the Enrollment Services Office. 

  • To Decline a PLUS Loan – Complete a Loan Alteration Form.

  • IF a PLUS Loan is Denied – Complete the PLUS loan denial section of the PLUS loan application along with the Federal Direct Loan Application to request that the student be allowed to borrow additional student loans.  Return it to the Enrollment Services Office.

Alternative Loans

“Alternative Loans” are private, credit-based loans that are designed to help fill the gap between the financial aid offered by LCC and the total Cost of Education (COA).  Visit www.lcc.edu/finaid/loans.htm for details.