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Your Financial Aid Checklist for the 2010-2011 Academic Year begins now!

It's time to prepare for the upcoming school year at LCSC. This checklist will help you complete LCSC scholarship applications and the Free Application For Federal Student Aid (FAFSA).

Financial Aid Checklist:

Step One:  Apply for 2010-2011 scholarships

Step Two:  Apply for your Personal Identification Number (PIN) today

Step Three: Gather necessary documents to complete your FAFSA

Step Four: Apply for Federal Aid using the FAFSA

Step Five: Review and turn in your Award Letter and additional paperwork

 

Step One

LCSC scholarship applications are available to download. The General Application has a March 1 deadline. Other application deadlines may vary, so start early. It is recommended that you apply for all eligible LCSC scholarships before you begin an outside search, as competition becomes greater once you broaden your search beyond LCSC.

Visit our scholarship information page to begin: www.lcsc.edu/financialaid/scholarships.htm

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Step Two

The FAFSA is an online application, therefore you will sign it with an electronic signature. Your electronic signature is known as a Personal Identification Number (PIN). Your PIN is a four digit number attached to your full name, social security number and date of birth.  The student, and one parent if you are a dependent student, per FAFSA criteria, will need to apply for a PIN.

Visit www.pin.ed.gov to apply for a PIN today. If you already had a PIN from last year, you are not required to re-apply for a new one. If you lost, or have forgotten your PIN, then visit the PIN website to request a duplicate.

 

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Step Three

While the FAFSA is not a difficult application to complete, it does take some time and effort. It is beneficial for you and your parent(s) to complete your 2009 tax returns before starting the form.  Your taxes will provide the majority of information needed on the FAFSA.*

You and/or your parents will need these documents to complete the FAFSA:

Your Social Security Number. Be sure it is correct!

Your driver's license (if any)

Your 2009 W-2 Forms and other records of money earned

Your (and your spouse´s, if you are married) 2009 Federal Income Tax Return.

IRS 1040, 1040A, 1040 EZ

Foreign Tax Return, or

Tax Return for Puerto Rico, Guam, American Samoa, the U.S. Virgin Islands, the Marshall Islands, the Federal States of Micronesia, or Palau

Your Parents´ 2009 Federal Income Tax Return (if you are a dependent student)

Your 2009 untaxed income records

Veterans benefits records

Child support received

Worker's compensation

Your current bank statements

Your current business and investment mortgage information, business and farm records, stock, bond and other investment records

Your alien registration or permanent resident card (if you are not a U.S. citizen)


*If you do not complete your Federal Income Tax Return prior to the March 1 Priority Deadline, you should use estimated figures on the FAFSA and update these figures when your taxes are complete.

 

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Step Four

The 2010-2011 FAFSA is completed on-line at www.fafsa.gov.

The FAFSA cannot be submitted before January 1 of the academic year you are entering college. For LCSC to receive your FAFSA results, you need to include LCSC’s school code: 001621.

There is no deadline for submitting the FAFSA, however LCSC has a March 1 Priority Deadline. The Priority Deadline is a date, determined by LCSC, which the FAFSA must be received by the Central Processor in order to be considered for certain types of aid. Many of the Student Aid Programs other than the Pell Grant (e.g. work-study, need-based scholarships, and state grants) have only limited funding available. Students who do not meet this deadline will not be considered for these awards. In order to meet the Priority Deadline, your application must be received by the Central Processor no later than March 1. In addition, students must be admitted to LCSC by this date to be considered priority.

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Step Five

Once you are admitted to the college and have submitted your FAFSA, we will issue you an Award Letter that describes the types and amounts of the awards we were able to secure for you. You should expect a postcard or an email, if you are a current student, sometime during the month of April. This postcard or email will inform you that your 2010-2011 Award Letter is now ready to be printed from Warriorweb with instructions on how to accept the awards being offered to you.

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