过yone wants to minimize their out-of-pocket costs for college as much as possible. Getting familiar with the 援助 process is a fundamental step, helping students and families stay ahead of deadlines and understand all of the options for which they may be eligible.
申请援助vs. 申请入学
应用ing for admission to 威尼斯人娱乐城大学 is a separate process from applying for 援助. 这是最基本的. 威尼斯人娱乐城大学 can’t prepare an 援助 package for a student until they have been accepted for admission. 出于这个原因, we encourage students to apply for admission as early as possible, 从而使援助的选择最大化. 申请人申请入学的时间越晚, 可供选择的援助将越来越少, 因为奖学金和助学金的截止日期可能已经过去了.
Even with our encouragement to apply for admission as early as possible, 如果学生在10月1日之后申请入学, then they can move forward with filing their FAFSA (Free Application for Federal Student Aid). The FAFSA opens each year on October 1 and must be complete for LaGrange to prepare a financial 援助 package. 这可能需要一些时间来完成，所以要早点开始.
Students and families completing the FAFSA will need to have the 威尼斯人娱乐城大学 Federal School Code at the ready. 威尼斯人娱乐城联邦学校章程是 001578.
FAFSA在2024-25年是如何工作和变化的
在2023-24年周期之前, once the FAFSA was completed a student received an Expected Family Contribution number, 通常被称为EFC. The EFC was calculated by looking at a student’s unique financial circumstances and how those circumstances compared to others applying for 援助. Students and families received their EFC on their Student Aid Report (SAR). The EFC was then subtracted from the cost of attending a certain college (LaGrange, for instance).
随着FAFSA简化法案的生效, 流程和语言都有变化. A key change on the 2024-25 FAFSA is a shorter application, potentially decreasing the number of questions from roughly 100 to around 40. A new term is being introduced – the Student Aid Index (SAI) – which will replace the former term of EFC. Students and families should still expect to receive their SAI on their Student Aid Report and for its usage to continue as a part of the equation to calculate the cost of attending a particular school.
你的助学金
Once a student has been accepted for admission and submitted all documentation necessary to determine financial 援助 eligibility, 建立经济援助奖励计划. The amount and type of financial 援助 for which the student qualifies, 在大多数情况下, is determined by the results of their FAFSA and their SAI.
The SAI is deducted from the Cost of Attendance to determine the student’s demonstrated financial need. The 金融援助 Office attempts to meet as much of a student’s financial need and direct costs (tuition, 书, 还有食宿, 如果住在校园里)，并提供补助金, 奖学金, 贷款和学生就业计划. In constructing a financial 援助 award, full-time enrollment is assumed.
Total amount of financial 援助 awarded annually by 威尼斯人娱乐城大学
在构建经济援助奖励计划时, the 金融援助 Office evaluates eligibility for individual federal, 国家和机构项目. Eligibility for grants and 奖学金 is considered before 贷款和学生就业计划 are offered. Some financial 援助 programs have limited funding; therefore, these programs are awarded to students with the greatest need on a first-come, first-served basis until all available funds are depleted. This is why starting the process as early as possible is so important.
在你的经济援助计划完成后, you will receive an email notification that your financial 援助 award is available. The notification will include instructions on accessing your award on our secure website, MyLC. If an email address is not available or the student opted-out of electronic communication, the award letter will be mailed in duplicate to the student’s permanent mailing address. 一个链接，了解你的经济援助奖励信, which contains information on maintaining financial 援助 eligibility and individual program requirements is included and should be read before accepting the financial 援助 award. 在审查经济援助奖之后, 学生将有机会接受, decline or reduce each financial 援助 program included in the award.
来自外部的奖励
When determining eligibility for need-based financial 援助 programs, 必须考虑私人奖学金和助学金. If the student expects to receive scholarship assistance from a source other than 威尼斯人娱乐城大学, 它必须报告给财政援助办公室. Adjustments to the student’s financial 援助 award may be necessary according to their financial need and program guidelines. Typically, need-based loan assistance is reduced first, if necessary.
FAFSA援助vs. 其他类型的援助
The SAI determined by the FAFSA is only one aspect of 援助 for which a student may be eligible. 奖学金, grants and loans are additional types of 援助 that should be explored. There are different application requirements for each type of 援助, as well as different stipulations. 通过FAFSA程序确定的援助, 像奖助金, are based upon financial need and do not involve repayment. 过. There are 奖学金 based upon merit or other student characteristics (not need) that do not involve repayment. 贷款 of all kinds do require repayment and should be assessed very carefully.
问我们任何问题
Now that you’ve familiarized yourself with the general process of financial 援助 applications and awarding, 你可能有问题要问. 威尼斯人娱乐城. The 威尼斯人娱乐城大学 Office of 金融援助 wants to help you and your family navigate this process.