LSSC participates in several federal grant programs including the Federal Pell Grant and Federal Supplemental Educational Opportunity Grant. Details on each program follows.
Federal Pell Grant (PELL)
The Pell Grant is a need-based federal grant program for students who are seeking their first undergraduate degree or teacher certification program. The annual Pell Grant award amount is determined by a student’s EFC and enrollment status. Pell Grants are intended to be the basic type of aid and may be combined with other forms of aid in order to meet the student’s financial need.
Students do not have to be enrolled full-time to receive a Pell Grant award. The amount actually paid to students from the Federal Pell Grant will be prorated if a student enrolls for less than 12 credits in any given term. Students must begin attending all of their classes on the first day. If a student is withdrawn for non-attendance prior to the actual payment of Pell Grant funds, payment for the withdrawn class(es) may not be made.
Beginning With the 2012-2013 Aid Year
Title IV funds will be disbursed to students' accounts based on attending hours. This means that until all classes have started for the semester (for ex. a mini semester class that starts later in the term) all funds will not disburse. A portion of the funds will remain in a memo'd status until the official start date has passed for that class(es).
Federal Supplemental Educational Opportunity Grants (SEOG)
The Supplemental Educational Opportunity Grant (SEOG) Program is a source of grant aid sponsored by the federal government. In order to be eligible for SEOG assistance, a student must be enrolled at least part time, have a 2.0 cumulative grade point average, demonstrate exceptional financial need, and be a Pell Grant recipient. Exceptional financial need is determined by a systematic and consistent need analysis system. Priority is given to students who apply by April 16th.