FINANCIAL AID POLICIES
Financial Aid is applied to a student’s account over two semesters, fall and spring in two equal parts. Students may be eligible for summer financial aid.
Students must be enrolled in at least 24 credit hours per semester to receive an award. If a student enrolls in less than 24 credit hours in either semester, they will not receive their financial aid for that semester.
Students can receive only one award. If a student qualifies for more than one, he/she will receive the one with the highest monetary value, and the other award will go to the next student who qualifies.
If the student has received any financial aid and has been placed on probation after the first semester, he/she does not receive the financial aid part that has been allocated for the second 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 financial aid application for the next academic year.
Students can get financial grants only for five years at LCC or up to 10 semesters (calculation would be done by semesters if a student takes an academic leave). If students study longer or take a second major, they must find their own financing opportunities.
Students receiving financial aid that withdraw or stop attending classes will be required to return financial aid received.