Need Based Grants

Apply for the Need Based Aid

  1. Fill out the application. Don’t forget to sign the application: both you and your parents or spouse need to sign it.
  2. Submit the required documents:
    • Income declaration form (for Lithuanians only)
    • Yearly salary letter (according to the situation: both parents and/or yours and spouse)
    • Other documents if needed (for more information please refer to the Need Based Aid Application)
  3. After filling out the application and collecting all the needed documents, send the package to the Student Financial Services Office by the required deadline.

  1. Need Based Aid application is submitted every year. If you are returning student you must complete the application by November 13, 2020. Late applications cannot be accepted.


NEED BASED AID RANGES

Each year students must reapply for financial aid by submitting a Need Based Aid application. Aid may increase or decrease in individual cases depending on changes in a family’s financial circumstances. The most common reasons for award revisions are family financial problems such as loss of income or emergency expenses, and a shortfall in student summer savings. The Need Based Aid ranges from 10% of tuition up to 90% of tuition. The maximum amount of financial aid a student can receive has predefined limits based on university year:

  • Freshman – maximum financial aid a student can receive is 90% of tuition.
  • Sophomore – maximum financial aid a student can receive is 80% of tuition.
  • Junior – maximum financial aid a student can receive is 70% of tuition.
  • Senior – maximum financial aid a student can receive is 60% of tuition

SFS selects Need Based Aid recipients according to the following criteria:

  • Your financial need
  • Your academic results

FINANCIAL AID POLICIES

  • Financial Aid is applied to a student’s account over two semesters, fall and spring in two equal parts.
  • Students must be enrolled in at least 24 ECTS credit hours per semester to receive an award. If a student enrolls in less than 24 ECTS credit hours in either semester, they will not receive their financial aid for that semester.
  • Financial aid cannot be applied to summer session courses. If financial aid for summer session becomes available, students will be notified by email.
  • Students can receive only one award (this does not apply to the Sibling Grant). If a student qualifies for more than one, he/she will receive the one with the highest monetary value.
  • If the student has received any financial aid and has been placed on probation after the Spring or Fall semesters, he/she does not receive the financial aid part that has been allocated for the following semester.
  • If a student receives financial aid and then decides to take an academic leave, he/she loses the award. The student is then informed of the dates for Need Based Aid application for the next academic year.
  • Students can get financial grants only for four years at LCC or up to 8 semesters (calculation would be done by semesters if a student takes an academic leave). The academic leave period is calculated towards the 8 semesters rule. If students study longer or take a second major, they must find their own financing opportunities. PRIME program is not calculated towards the 8 semesters rule.
  • The maximum financial aid amount that a student can receive is 90% tuition discount (all financial aid amounts summed up). This does not apply to the Kenneth & Helen Penner, President Leadership Scholarships and Ukraine/Caucasus/International Scholar Awards.
  • Financial aid is not applied for the retaking a failed course “F”. Receiving an “F” for a course might affect a student’s satisfactory academic progress and eligibility to receive financial aid in the future.
  • IMPORTANT: students receiving financial aid that withdraw or stop attending classes, in most cases, will be required to return financial aid received.