Financial Aid

Financial Aid funds are available for students to help them pay for their educational expenses. Most types of financial aid come from federal and state programs, which require completing the Free Application for Federal Student Aid (FAFSA). Financial award funds are distributed based on a student’s demonstrated need. In addition to this, there are other aid programs that award funds based on financial need or merit.

Overview

Return to Title IV Funding
Federal

The Financial Aid Office is required by federal statute to perform a Return of Title IV Funds (R2T4) calculation for all federal aid recipients who withdraw, drop out, or are dismissed from all courses prior to completing more than 60% of a payment period or term. LBCC will use the date of complete withdrawal or drop (official or unofficial) to determine the amount of federal aid “earned” based on the amount of time the student was enrolled.