For priority consideration, complete the FAFSA by Feb. 1 each year.

• Login to my.lakeland.edu
• Click on the “quick link” on the left side of the page that says, “Financial Aid Student Access (NetPartner)"
• Click on the Menu on the top left of Net Partner
• Documents and Messages
• Click on the link to complete the application.

• Login to my.lakeland.edu
• Click on the “quick link” on the left side of the page that says, “Financial Aid Student Access (NetPartner)"
• Click on the Menu on the top left of Net Partner
• Accept Awards
  • Need to agree to terms and conditions to get to award page.
  • To accept or decline aid, need to scroll the award section to the right to change from “pending” to accept or decline. Then submit.

• Subsidized loans have the interest subsidy. The Dept. of Education pays the interest while you are enrolled at least half time and during the six-month grace period. Available to undergraduate students with financial need.
• Unsubsidized loans do not have an interest subsidy. Interest accumulates during all periods of enrollment, and you are responsible for paying this interest. Available to undergraduate and graduate students.

• The financial aid budget is NOT what you will be billed. It is designed to include all potential educational costs a student may encounter. A budget is made up of direct (billable) and indirect (not billable) costs that are either actual costs or estimated costs.
• The direct costs include Tuition and Fees, and average Room & Board costs (if residing on campus); however, your costs for room and board will vary from what is listed in the budget. Since we have many options for room and board, the amount listed is an average of the most common room and board options used by our current students.
• The indirect costs include Books & Supplies, Miscellaneous, and Transportation. If a student is a commuter, the room and board budget is also an average of indirect costs for housing and meals. Miscellaneous costs might include any other things you need to purchase for daily living while in college—personal care items, clothing, laundry supplies, etc. Transportation costs can include any costs associated with traveling to and from college—gas, auto insurance, maintenance, etc. The amounts listed for each of these categories are estimated and the actual amounts that students spend for each of these categories can vary greatly from student to student.

If you accepted any federal student loans, you must complete the MPN and Entrance Counseling. Your financial aid will NOT disburse until these are complete.

• Go to https://studentaid.gov/
• Login with FSA ID
• Hover over “Loans and Grants”
  • Complete Entrance Counseling
  • Complete Master Promissory Note

• Your federal subsidized and/or unsubsidized loans
  • Repayment starts 6 months after you graduate or stop enrolling in at least 6 credits.
• If you take any private student loans, those will also need to be repaid. They may or may not have a grace period.

• Login to my.lakeland.edu
• Click on the “quick link” on the left side of the page that says, “Financial Aid Student Access (NetPartner)"
• Click on the “Menu” on the top left of Net Partner
  • Documents and Messages
  • This will tell you what the financial aid office has received and what is still missing in order to complete your financial aid offer.

• If you are unsure, all of your financial aid information is available via NetPartner on my.lakeland.edu. To find out, follow the steps below:
  • Login to my.lakeland.edu
  • Click on the “quick link” on the left side of the page that says, “Financial Aid Student Access (NetPartner)"
  • Click on the Menu on the top left of Net Partner
  • Documents and Messages
    • This will tell you what the financial aid office has received and what is still missing in order to complete your financial aid offer.
  • Budget and Awards
    • This tells you what your financial aid budget and awards are.

• Yes, there are additional loan options:
  • The Federal Parent PLUS loan
    • Parent can apply for this through https://studentaid.gov/plus-app/parent/landing by logging in with parent FSA ID. If approved, parent can request a specific dollar amount. Repayment begins either 60 days after last disbursement or parent can request repayment to begin after the student graduates or no longer attends college in at least 6 credits.
    • If denied the loan, the student automatically becomes eligible for an additional unsubsidized loan for $4,000-$5,000.
  • Alternative (Private) student loans
    • There are many private companies that offer student loans. Visit this website: https://choice.fastproducts.org/FastChoice/home/385400/1 to view where Lakeland students have borrowed in the last 6 years. This website will also allow you to compare each lender side by side to determine the best option for you and apply directly online.

• A refund will generate if you have an excess of financial aid. If you have MORE financial aid than what is due on your student account, you will get “refunded” that money.

• Returning a refund to the financial aid office will result in a direct reduction in the total amount of loans that you borrowed.
• If you received a refund check, you can write “VOID” across the check and return it to the financial aid office with a note stating you want the funds returned to your student loans.
• If you received a direct deposit. You can send a check to the financial aid office in the amount that you’d like returned and include a note stating you want the funds returned to your student loans.
• If you see that you are getting a refund before the financial aid disburses, you can contact the financial aid office and ask that your loan is reduced.

• Traditional Students:
  

  Term	Disbursement Date	Refund Date
  Fall 2022	2022-09-13	2022-09-23
  Spring 2023	2023-02-02	2023-02-10
  Summer 2023	2022-06-09	2022-06-17

• Kellett Students:
  

  Term	Disbursement Date	Refund Date
  Fall 2022	2022-09-16	2022-09-23
  Fall 2022 (7 wk)	2022-11-15	2022-11-18
  Spring 2023	2023-02-07	2023-02-17
  Spring 2023 (7 wk)	2023-04-11	2023-04-14
  Summer 2023	2023-06-14	2023-06-23
  Summer 2023 (7 wk)	2023-07-11	2023-07-14

• Login to my.lakeland.edu
  • Click on the Student tab
  • On the left side, click on “Financial Aid”
  • Scroll down to locate outside scholarship opportunities. This includes opportunities Lakeland has heard about as well as free national scholarship search engines.
• Check Lakeland email!
  • Lakeland specific scholarships are emailed directly to eligible students.

• Work study is “earn as you go” and gets paid in the form of a bi-monthly paycheck based on the hours worked at your on campus job.
  • Make sure all student employment paperwork is turned in so you can start work and get paid.
• You can choose to sign up for payroll deductions with the Student Accounts Office. This allows you to have a portion, or all, of your paycheck automatically applied to your student account balance. Email StudentAccounts@lakeland.edu for more information.

• If all aid is disbursed to your student account, aid will typically remain as is. If aid has not disbursed (because missing MPN and entrance counseling for example), we need to recalculate financial aid based on current enrolled credits. It is advised to check with financial aid before withdrawing from a class.

• If you are withdrawing prior to 60% of the term, the financial aid office is required to return any “unearned” financial aid, which can leave you with a large student account balance. There is a calculation that is done to determine how much financial aid is “earned”. Make sure you talk to the financial aid office to learn what your options are.

• Login to my.lakeland.edu
• Go to the “quick links” on the left side of the page
• Click on “Student Accounts”
• Go to CASHNet
  • Here is where you can view your bill, sign up for a payment plan, make payments, etc.

• Email: LUFinancialAid@lakeland.edu
• Phone: 920-565-1032
• Location: 1^st floor of the William A. Krueger Building