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Office of Financial Aid

Yes! You Can Afford Lawrence Tech

Investing in your future at Lawrence Tech can give you the edge you need to be successful in today's extremely competitive market. Lawrence Tech's Office of Financial Aid offers a broad array of financial aid programs, including scholarships, grants, loans, and work study, to assist you in meeting your educational goals. About two-thirds of the University's students receive some form of financial assistance from various private, state, and federal programs.

The Office of Financial Aid plays a key role in your financial planning. Knowledgeable and experienced counselors can help you explore the many alternatives available to help finance your education. They will help you put together a financial package that fits your needs.

Yes! You Have Student Loan And Lender Options

When planning on how to pay for college, most students and their families think about scholarships and grants. Loans are seldom anyone’s first choice in funding an education. Given the fiscal realities of the time, loans will remain the largest category of funding for a college education.We highly suggest that you research your loan options very carefully before selecting a lender and determining how much you need to borrow.

Lawrence Tech has recently reactivated its status with the U.S. Department of Education to participate in the Federal Direct Student Loan Program for new student borrowers to assure the availability of student loan funding. Returning student borrowers should review all previous student  loan terms and conditions prior to considering a lender switch or loan consolidation otherwise retain your same lender. If you have any questions contact the One Stop Center prior to signing a new Master Promisssory Note.

Since there are numerous options to consider please refer to our Loan and Lender Information page for more lending options.

PLUS loan payment deferments now available! Parents borrowing a PLUS loan beginning July 1, 2008 may defer payments on interest only or on both interest and principal while the student for whom the loan was taken is enrolled at least half time. Parents must request the deferment of payment from their lender of choice.

Begin the process - APPLY NOW by completing the Free Application for Federal Student Aid  www.fafsa.ed.gov.

 
ANNOUNCEMENTS!
Update on the State of Michigan Financial Aid Programs 
 
The request for summer financial aid expired June 13, 2008. If you are currently enrolled (prior to July 15, 2008) at least half time 6 credits undergrad; 3 credits grad, contact the Office of Financial Aid at 248-204-2179 for review of eligibility 
 
 
 
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