FINANCIAL AID


Award Notification

You will be notified through your Lakeland e-mail account that your award is completed. Once you receive notification, you can log on to your myLakeland account to view your award information. There you will see what funds you have been awarded for the year and you can also view your award by term.

  • Check your e-mail
    The Financial Aid Office uses student e-mail as the primary form of communication. Check it often so you don't miss an important notification that may delay the processing of your financial aid. You student email is available by logging into myLakeland.
     
  • Check your financial aid status online
    Students may check their application status, awards, and document requirements at any time by logging in to your myLakeland account.

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Verification

What is it?
Verification is a process by which we compare the information you provided on your FAFSA with the actual documents, such as federal tax return transcripts, child support statement, etc.

Selection is made randomly by the Department of Education.

Why is it necessary?
The Verification process assists the Department of Education in clarifying questions and content on the FAFSA.

How do I know if I was selected?
By checking your myLakeland account to see if additional information is needed.

What documents do I need to submit?
The documents needed will be listed on your myLakeland account. Typically the documents you will need to provide are:

  • Verification Worksheet – Under "Year Specific Forms/Worksheets," view the Verification Worksheet (PDF).
  • Your federal tax return transcript
  • Child support paid

Additional documentation or clarification may be needed once your paperwork is reviewed. If so, you will be notified through myLakeland.

Where do I get these documents?
You can download the Verification Worksheet from myLakeland. Find the appropriate year's worksheet under the "Year Specific Forms/Worksheets" on the Financial Aid forms web page.

You can request a copy of your federal Tax Return Transcript by calling the IRS at 1-800-908-9946 or visiting their website at www.irs.gov

Child support documents can be obtained from the county agency through which they are paid.

How long does the verification process take?

It can take up to 15 business days to review the information once we receive all requested documents.

If during the review more information or clarification is needed, you will be notified through myLakeland.

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Keeping My Aid

Financial Aid eligibility is based on class attendance. Aid will be adjusted for any class a student never attends. A student will be administratively withdrawn from any class he/she has not attended during the first two weeks and will be charged the tuition and fees.

What must I do in order to keep my financial aid?

You must be degree seeking or in an eligible certificate program at Lakeland in order to receive financial aid. To view programs offered at Lakeland, click here.

Attend Class
Financial Aid eligibility is based on class attendance. Aid will be adjusted for any class a student never attends. A student will be administratively withdrawn from any class he/she has not attended during the first two weeks.

Maintain Standards of Academic Progress
Students must make satisfactory progress toward earning their degree while at Lakeland.This means, students must meet Standards of Academic Progress as outlined in the Standards of Academic Progress policy. Failure to do so may impact your eligibility for financial aid. View the Standards of Academic Progress Policy (PDF)

Be aware of each term's Freeze Date
The financial aid Freeze Date is used each semester to lock in a student's enrollment status for awarding financial aid. All classes a student is enrolled in on the Freeze Date each semester determines the maximum amount of federal grants the student is eligible to receive. If you enroll for classes that are for multiple parts of term, your Freeze Date occurs on the first of the Freeze Dates.

It is in your best interest to make all of your add/drop changes for the entire semester by the Freeze Date. If you add or drop classes before the Freeze date, the amount of financial aid you are eligible for will be affected. If classes are dropped or added after the Freeze Date, your federal grants will not change as long as you have attended all of the classes enrolled in on the Freeze Date and you do not completely withdraw from all classes.

The Freeze Dates for each term are posted on the announcements page of the Financial Aid web site, the announcements section of myLakeland, and on the monitors located throughout campus.

How does this work?
The financial aid enrollment policy requires you to complete all of your add/drop changes by midnight on the Freeze Date. If you add or drop classes anytime before this time, your financial aid will be adjusted. If you are enrolled for classes that are for multiple parts of term, your Freeze Date occurs on the first of the Freeze Dates.

This policy affects students receiving federal grants.

There are exceptions to this policy:

  • Students who withdraw from all of their classes will have their financial aid recalculated based on their withdrawal date or last day of attendance.
  • Students who never attend class(es) are not eligible for aid for the class(es).

Please remember it is in your best interest to make all of your add/drop changes by midnight on the Freeze Date,

Special requirements
For federal grant recipients, your award amount will be based on the courses for which you are registered on the freeze date. Attendance must be verified in each course; if the Financial Aid Office is unable to verify attendance the amount of the grant(s) could be adjusted accordingly and could result in a bill.
What happens if I have to withdraw from one of my classes?

As long as you attended the class you are withdrawing from and we have documentation of your attendance in that class, there will be no adjustment in your financial aid. However, withdrawing from classes may affect your SAP status - Standards of Academic Progress Policy (PDF)

What happens if I have to withdraw from all of my classes?

If you withdraw from all of your classes during a semester and have received federal financial aid, we must perform a required federal calculation to determine the amount of aid you are eligible to receive based on the amount of time you attended. This calculation is called Return to Title IV. For additional information, view the Return of Title IV Federal Funds Policy (PDF).

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Request of Information

If we are needing additional information or clarification from you, you will be sent an e-mail through your Lakeland account. You can then log on to your myLakeland account to view what additional information is needed. Many of the forms have direct links so that you can download them directly and then submit them to our office.

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Standards of Academic Progress

Standards of Academic Progress (pdf)

Where's my Aid
  • You may need to submit additional information or documents to the Financial Aid Office. Check to see if you have unsatisfied requirements in myLakeland.
  • You may not be eligible for financial aid because you are not meeting the Standards of Academic Progress.
  • You may wish to apply for scholarships by completing the scholarship application or using the Scholarship Center via myLakeland.

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