Guidelines


Every federal aid program has its own specific requirements, but all share the following general requirements.  

  • For need-based programs, you must have financial need.  Your need is determined by the Free Application for Federal Student Aid (FAFSA).  
  • In order to receive any aid, you must be enrolled at least half-time (6 credits for undergraduate programs, 3 credits for graduate programs) in an eligible program.  Certificate and guest students are not eligible for financial aid. If you have graduated from LTU and are not in a new degree program but continue to register for courses, you are not eligible for financial aid. You must be in a new degree program, and registered at least half time to be eligible for financial aid.
  • You must be a U.S. citizen or eligible non-citizen to receive federal student aid.  See the definition from the federal regulation
  • A valid Social Security Number is a necessity.
  • Male students between the ages of 18-25 must be registered with the Selective Service. The easiest and fastest way for a man to register is to register online
  • If you owe a refund on a federal grant or are in default on a federal education loan you are ineligible.
  • The student must make satisfactory academic progress (SAP) as defined by the institution's SAP policy.  Read more about SAP

Verification

All financial aid applications will be processed and eligibility will be established based on the availability of funds. Also, some students are selected for a review process called Verification. Verification requires that students and parents provide tax transcripts and other important information prior to the review of their application. If students are selected, they will be notified by the school that they must provide the needed information. This information should be turned in or mailed to the DTE Energy One-Stop Center in the A. Alfred Taubman Student Services Center by April 1 for early consideration. All information provided after April 1 will be reviewed and processed but will be considered late.Students must provide accurate and timely information and documentation to make the application review and awarding processes as smooth as possible. Generally speaking, from the time the FAFSA is submitted to the time an award notice is prepared and sent, it can take between two and six weeks.

 

Award Information

All initial awards are based on full-time enrollment.  Grant awards will be pro-rated down for enrollment less than full-time.  Student loan eligibility will be reevaluated and may change due to changes in enrollment status.  Award(s) are subject to change due to changes in enrollment status, changes to program eligibility, and/or funding levels at any time.