As a student at LBCC, you have the right to:
- Know what financial assistance is available, including information on all federal, state and institutional financial aid programs.
- Know the cost of attending LBCC, its refund policies, and academic requirements.
- Know the deadlines for submitting applications for all financial aid programs.
- Know the criteria used by the Financial Aid Office to award financial aid funds and how your financial need is determined.
- Know the financial aid policies on Satisfactory Academic Progress (SAP) and implications of not making SAP.
- Request a re-evaluation of your income based on special circumstances.
Things you should know as a financial aid recipient:
- You must submit a FAFSA application for financial aid each year – the FAFSA application opens on October 1st of each year for the following year.
- The Financial Aid year at LBCC starts in Fall and ends in the following Summer, covering the Fall, Spring and Summer terms each year.
- Your FAFSA application will be used to determine your eligibility for federal and state grants including the California Promise Grant (formerly the BOG Fee Waiver).
- You are expected to show Satisfactory Academic Progress (SAP) by maintaining a cumulative 2.0 GPA, completing at least 67% of all units attempted, and completing their program of study (degree, certificate) in no more than 150% of the units required for that program of study (ex: a 60-unit degree must be completed in no more than 90 units). Failure to meet SAP standards may result in loss of financial aid eligibility.
- If you withdraw from all of your classes before you have completed 60% of the semester, you will be required to repay some or all of the financial aid you have received for that semester.
- Grants are disbursed to the refund preference you have chosen with Bankmobile.
- Work-study funds must be earned and are paid monthly according to an hourly rate of pay and the number of hours a student works. Checks will be disbursed by the Payroll Department.
- California Promise Grants pay your enrollment fees only. If a student already paid these fees and was eligible to receive a Promise Grant, a refund will be issued to the refund preference you have chosen with Bankmobile.
If you feel you have circumstances which may impact your eligibility, make an appointment with your Financial Aid Advisor to discuss special circumstance options.