Applying for Financial Aid

1. Complete the Free Application for Federal Student Aid. The application is available in January of each year. This application can be found online at FAFSA.ed.gov. Paper applications are available at the financial aid office, high school guidance counseling offices and local libraries. Include Lee College (school code 003583) on your school choice list. Lee College does host internet sessions where students can key the FAFSA in online. These sessions are manned by a financial aid staff member. Check the schedule on the Financial Aid Homepage.
2. Submit all documents requested by Lee College.   Documents are requested based on your responses on the FAFSA.  The Department of Education holds the school responsible for meeting income and household size verification (verification worksheets, W-2’s and 1040’s) requirements for selected applicants as well as other database information.  A required document list will be posted to your “To-Do” list on My LC Campus.
3. Once you receive your award letter, return the enclosed acknowledgement form to the Financial Aid Office. You will also be able to see your awards on My LC Campus under finanacial services menus.
4. Submit the Lee College Foundation Scholarship form by the deadline on the application.
   

 

General Eligibility Requirements:
To qualify for financial aid at Lee College, applicants must:

1. Be accepted for admission or be enrolled in a degree or certificate program.
2. Not be in default on any loan.
3. Not owe a refund on a loan, grant or scholarship.
4. Be in good academic standing.
5. Maintain satisfactory academic progress.
6. Notify the financial aid office of any other colleges you are attending the current year.

 

Receiving Funds:

Funds are posted to a student account immediately after the census date for all students who completed the financial aid process early.  The college has a disbursement schedule for all applicants whose aid process is complete after the start of class.  Checks for overages are routinely mailed to the student within 2 weeks (14 days) after the aid is posted.  The disbursement/refund schedule can be found on the news board at www.lee.edu/financialaid.  Awarded students may apply to have their refunds released via debit card or direct deposit from the MY LC Campus financial aid award page.  These funds will be processed by Sallie Mae Business Solutions.

Fund amounts are posted based on your enrollment status as of the census date or date you were awarded (whichever is later).  The following chart will help you determine how much you can expect to be posted to your account.

Name	Hours requirement	Additional Application Requirements
Pell Grant	Awards Adjusted based on enrollment: 12+ hours= Full Time = Full award 9-11 hours  = 3/4 Time = 3/4 Award 6-8 hours = 1/2 Time = 1/2 Award <6 hours = < 1/2 Time = Contact FA Office	None
FSEOG	FSEOG=Federal Supplemental Educational Opportunity Grant At least 6 hours = Full Award	None
ACG	Academic Competitiveness Grant At least 12 hrs = Full Award	1) High School diploma requirements; 2) Citizenship requirements
Stafford Loans	At least 6 hours = Full Award and IN SCHOOL status for repayment.	See www.lee.edu/financialaid
All State aid except Texas Grant	At least 6 hours = Full Award	None
Texas Grant/Texas B On Time	At least 9 hours = Full Award for Texas Grant At least 12 hours = Full Award for Texas B On-Time Loan	High School diploma requirements
CWS	CWS = College Work Study (part-time employment) < 6 hours = Contact Financial Aid Office Not all who apply will be employed, only employed students will receive funds.	1) Complete Employment Application in SCEO Office; 2) Student must be interviewed and selected by employers; 3) Maximum work hours 19.5 per week
Foundation Scholarship	At least 9 hours = Full Award	Scholarship Application due March
Other	Vary	Vary