Free Application for Federal Student Aid (FAFSA)
The Free Application for Federal Student Aid, or FAFSA, is used to apply for federal student financial aid, including grants, loans and work-study. In addition, it is used by most states and schools to award non-federal student financial aid.
Chek out this great tutorial to get you started on the FAFSA: 7 Easy Steps to the FAFSA
Filling out the FAFSA, and applying for student financial aid is free. You should be wary of mailings or web sites that offer to submit your application for you, or to find you money for school if you pay them a fee. Some of them are legitimate, and some are scams. But generally any information or service you pay for can be had for free from Lawrence Tech or from the U.S. Department of Education.
Lawrence Tech's school code is: 002279
How FAFSA Works
Completing the FAFSA is the first step in the financial aid process. Once you submit it, we process your information. Then we send an electronic copy of your information Lawrence Tech. We also mail or e-mail a report, called a Student Aid Report, or SAR. It is important to review your SAR when you receive it to make sure all of your information is correct and to provide any necessary corrections or additional information.
We enter your information into a formula from the Higher Education Act of 1965, as amended, and the result is your Expected Family Contribution, or EFC. The EFC measures your family’s financial strength, and is used to determine your eligibility for federal student aid. If your information is complete, your SAR will contain your EFC.
Lawrence Tech will receive your EFC along with the rest of your information. Lawrence Tech uses the EFC to prepare a financial aid package to help you meet your financial need. Financial need is the difference between your EFC and Lawrence Tech’s cost of attendance (which can include living expenses), as determined by Lawrence Tech. If you believe you have special circumstances that should be taken into account, such as unusual medical or dental expenses, or a significant change in income from one year to the next, contact the Office of Financial Aid at Lawrence Tech.
Any financial aid you are eligible to receive will be paid to you through Lawrence Tech. Typically, they will first use the aid to pay tuition, fees, and room and board (if necessary). Any remaining aid is paid to you for other expenses.
You may receive a Federal Pell Grant from only one school for the same period of enrollment.
The best place for information about student financial aid is Lawrence Tech’s Office of Financial Aid. The financial aid administrator can tell you about student aid available from your state, the school itself and other sources.
The Internet is an incredible resource for financial aid information. Lawrence Tech has a lot of information about financial aid on their web site www.ltu.edu. You can also get free information from the U.S. Department of Education’s web site at www.studentaid.ed.gov including access to free publications such as “Funding Your Education and The Student Guide”.
You can call our Federal Student Aid Information center for information at (800) 433-3243. TTY users may call (800) 730-8913.
You can also find free information about federal, state, institutional and private student aid in your high school counselor’s office or local library’s reference section (usually listed under “student aid” or “financial aid”). There may be information available from foundations, religious organizations, community organizations, and civic groups, as well as organizations related to your field of interest, such as the American Medical Association or American Bar Association. Check with your parents’ employers or unions to see if they award scholarships or have tuition payment plans.
Study in the United States is a serious undertaking. To decide if it is the best option for you, consider carefully how it will fit into your long-term educational and professional plans.
Define your Goals
Studying in the United States is not an end unto itself. Students pursue higher education, in their home country or abroad, because the experience will help them achieve their professional and personal goals. Those goals may include professional advancement, a higher-paying job, or a greater appreciation and knowledge of the world.
Living in the United States while pursuing your educational goals is much different from visiting the country for a few weeks or months as a tourist. Consider how living in a new country and a new culture might affect you, and the readjustments you may need to make upon your return home. It's also wise to think about how the move will impact you as well as your family.
Most foreign citizens are not eligible for federal student aid. There are, however, some instances in which non-citizens may be eligible for financial aid from the U.S. federal government.
When considering the cost of U.S. education, include the costs of tuition, living expenses, books, and other items. Tuition varies widely from school to school, but it is usually always the largest single cost an international student faces. A community college may have a yearly tuition of $2,000; a highly selective private university may have a yearly tuition of $28,000. Sources of financial aid available to international students at the undergraduate level are limited and highly competitive.
Attending school in the United States can require a variety of examinations, language requirements and visas. Click here for more information on requirements you need to meet before embarking on education in the U.S.
For U.S. citizens who are currently living outside the United States but who are interested in attending school in the U.S., the financial aid application process is the same as for resident citizens.