Apply for Financial Aid

IMPORTANT MESSAGE:

We want to share an update regarding financial aid. The 2025 - 2026 FAFSA application will be available in December 2024 NOT October 1, 2024. The US Department of Education released this notification on 8/7/24. If you want to read the notification, please click on this link. U.S. Department of Education Announces Schedule and New Process to Launch 2025-26 FAFSA Form | U.S. Department of Education. This impacts students at every college across the country. We want to ensure you that we are here to support you. Please let us know if you have any questions at all. 

If you have already completed your 2024-2025 FAFSA, you should have received your award letter in your Lakeshore email. If you expected to receive financial aid and have not received your award letter, please contact financial.aid@gotoltc.edu. You can check the status of your FAFSA by clicking the link https://studentaid.gov/help/check-fafsa-status.

If you have not completed your 2024 – 2025 FAFSA, your first step is to apply today by clicking on the FAFSA Application tile located in the quick link section of this page. 

By completing the FAFSA, you may be eligible for one or more of the following:   

  • Grants – no need to pay them back.
  • Scholarships – no need to pay them back.
  • Work study 
  • Direct loans – need to be paid back once you are done with college.

If you have a question on the status of your financial aid, please contact financial.aid@gotoltc.edu 

Lakeshore offers financial aid to those who qualify. Financial aid includes federal grants, work-study, and loans as well as state grants. To determine eligibility, students must complete a Free Application for Federal Student Aid (FAFSA).

Click here to watch an overview of how to complete the FAFSA application.

To complete the FAFSA, you will need:

  1. Your social security number
  2. Your alien registration number (if you are not a U.S. Citizen)
  3. You will need to agree to the ISRS data retrieval tool which will populate your tax information from the IRS
  4. Records of untaxed income
  5. A federal student aid ID (FSA ID) to sign electronically
  6. Lakeshore’s school code: 009194

Apply at FAFSA site
The first step to finding out if you are eligible to receive financial aid is to fill out the FAFSA. Once you complete the FAFSA, you will receive notification of your potential financial aid award.

What’s next? 

The federal processing center will do an initial review of your FAFSA and then send it to Lakeshore. After the Lakeshore Financial Aid Office reviews your application, an email will be sent to your student email indicating next steps. Click here to view more of your financial aid checklist.

Financial Aid Eligibility

As affordable as Lakeshore College is, you may still need financial assistance to help you achieve your educational goals. We encourage all students to complete the Free Application for Federal Student Aid (FAFSA), which is sometimes used to determine eligibility for other types of aid.

  • Consortium Agreements - Students who are accepted in a financial aid eligible program at Lakeshore and are considering taking one or more courses at another school that apply towards their degree at Lakeshore may request a consortium agreement between the colleges.
  • Enrollment Status - Enrollment status is based on the number of financial aid eligible credits in which you are enrolled. Some courses are not eligible for financial aid and cannot be included in the enrollment status.
  • Financial Aid Satisfactory Academic Progress - Students must make satisfactory academic progress for each term of enrollment in order to remain eligible for financial aid the following term.
  • Reapply for Financial Aid – To continue to receive financial aid, you need to continue all eligibility requirements as well as complete a FAFSA for the new school year.
  • General Eligibility- There are other general eligibility requirements that must be met such as citizenship, high school degree completion, and selective service registration compliance.