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Important Financial Aid Information

 

Financial Aid Award Letter

The award letter list the types and amounts of financial aid (grants, loans, scholarships and work-study programs) being offered to you and the semester(s) for which the aid is awarded. This offer is based primarily on the following:
  • Your Free Application for Federal Student Aid (FAFSA)
  • Your enrollment status (full-time, ¾-time, etc.) as indicated on your LCCC Scholarship and Financial Aid Application.
  • Your housing status (on-campus, off-campus, etc.) as indicated on your LCCC Scholarship and Financial Aid Application.
  • Your residency classification (in-state, out-of-state, or WUE).

Other forms of assistance outside the control of the Financial Aid Office, such as VA benefits, DVR dependent waivers, etc., are estimates base on the information provided to LCCC’s Scholarship and Financial Aid Office. Actual amounts received may vary.

COA/EFC/Need

Definitions

Estimated cost of attendance* (COA) – This is an estimate of how much it costs to attend classes at LCCC during the semester(s) for which your awards are made. Cost includes tuition, books, transportation, room and board, child care and miscellaneous expenses. These figures will change if you change your enrollment, housing or residency status.
Estimated family contribution (EFC) –This is how much the federal government has calculated you (and your family) can contribute to your education during the award period. This is based on all the information you provided on the FAFSA.
Need – This is the difference between your COA and EFC, indicating the amount of financial help you need in order to afford your college expenses. We try to meet this need by awarding scholarships and grants (and work-study and loans for those who have expressed an interest in working or borrowing). However, we cannot guarantee that you will receive sufficient financial aid to cover your “need.”

Important Reminders

  • If you will be receiving assistance that is not included on your award letter, you must notify the Scholarship and Financial Aid Office immediately.
  • If you wish to decline any of the financial aid offered, please contact the Scholarship and Financial Aid Office.
  • If there are changes in your enrollment status, housing status or tuition rate (in-state, out-of-state, etc.), you must notify the Scholarship and Financial Aid Office immediately.

*2008-2009 Cost of Attendance Examples
(based on two-semester academic year, on-campus and full-time enrollment) 

  WY Resident WUE Out-of-State
Tuition/Fees $2208 $3000 $5328
Books/Supplies $1032 $1032 $1032
Room/Board (Standard) $5920 $5920 $5920
Transportation $280 $280 $280
Personal Expenses $1382 $1382 $1382
Total Budget $10822 $11614 $13942

Standards of Progress Requirements

Overview
All students receiving federal financial aid through LCCC must follow the academic progress standards listed below. This includes all federal grant, loan and work-study programs. The standards outlined here have been designed to comply with federal regulations.
Initial Eligibility
Students who have never previously attended LCCC will be considered in good standing. However, transfer credits from other institutions (if any) will be counted toward the maximum time frame criteria.
Students who have previously attended LCCC will have their past academic reviewed regardless of whether financial aid was received. Transfer credits form other institutions will be counted toward the maximum time frame criteria.
Maintaining Eligibility
Students must meet all three of the following conditions in order to be making satisfactory progress: minimum credits completed, minimum cumulative GPA and maximum time frame. Progress will be reviewed at the end of each semester, prior to the disbursement of the following semester’s aid.
  1. Minimum credits completed

    East semester, students must successfully complete a percentage of the enrollment level attempted as outlined below. The credits must be completed with a grade of A, B, C, D or S. Credits attempted are counted on the “census date.”

    Semester Credit Hours
    Number attempted Number completed Number attempted Number completed
    18-19 12 9-10 6
    17 11 8 5
    15-16 10 6-7 4
    14 9 5 3
    12-13 8 3-4 2
    11 7 1-2 1

  2. Minimum GPA

    The minimum cumulative grade point average a student must maintain is 2.0.

  3. Maximum time frame

    A student’s maximum time frame is based on total credit hours attempted at LCCC (plus any transfer credits) and the LCCC educational program. These limits are in effect regardless of whether the student has changed majors or received federal funding.

    Educational Program Maximum Credits
    All certificates 72
    AAS in nursing 108
    AAS in dental hygiene 142
    AAS in radiography 136
    AAS in diagnostic medical sonography 116
    AAS in physical therapy assistant 113
    All other AS AA or AAS degrees 96

Other Factors

Audits
Classes taken for audit will not be considered when determining semester award amounts, semester credits completed or credit attempted toward the maximum time frame. Classes changed from a grade to audit during a semester are not considered to be successfully completed.
Repeated courses
Repeated courses will be considered only once in determining attempted credits for maximum time frame.
Incomplete grades
A grade of Incomplete (“I”) is not considered successful completion of the course. Grade changes will be considered when determining eligibility at the end of the semester during which the change occurred.
Withdrawals
Courses from which a student withdraws on or before the semester’s “census date” will not be considered attempted hours for purposes of these standards. Courses from which a student withdraws, either officially or unofficially, after the semester’s census date will be considered attempted hours for purposes of the standards.
ACG Grant
Recipients are required to complete at least 12 credit hours with a cumulative GPA of at least 3.0. There is no probation period for failing these requirements.  

Probation and Suspension

Probation
Students who do not complete the minimum number of credits or who do not possess a satisfactory cumulative grade point average will be placed on probation for their next semester of enrollment.
A probationary semester is a warning semester. Students will remain eligible to receive federal financial aid while on probation. If progress requirements are met during the probationary semester, the student will be removed from probation and restored to good standing.
No federal financial aid will be disbursed for the semester after a probationary semester until final grades are reviewed by the Scholarship and Financial Aid Office.
Suspension
Students who do not meet the requirements for maintaining eligibility at the end of the probationary semester will be suspended from all federal financial aid.
Students who have reached the maximum time frame will be immediately suspended from federal aid without a probationary semester.

Reinstatement of Eligibility

Students may appeal to have their federal financial aid eligibility reinstated for any of the following reasons:
  • Circumstances prevented the meeting of the satisfactory progress requirements.
  • An incomplete (“I”) grade was changed to a passing grade.
  • The student enrolled as his/her own expense and completed the necessary course work to meet the satisfactory progress requirements.
For suspension due to maximum time, a student may appeal only once.

Appeal forms are available for the Scholarship and Financial Aid Office.

If a student’s appeal is approved, the student will be reinstated on a probationary status. Reinstatement will be effective for the current or next term of enrollment, as determined by the Appeals Committee. Reinstatement of aid will never be effective retroactively for an already completed term.