2 - Lake Washington Institute of Technology

Tuition & Financial Aid
5 Tuition & Financial Aid
Financial Aid Programs
www.lwtech.edu/financialaid
FEDERAL PELL GRANT
The federal Pell Grant is aid that is free monetary
assistance for educational expenses. Students who have
earned a baccalaureate degree are no longer eligible.
Like other grants, the Pell Grant is adjusted for less than
full-time enrollment.
FEDERAL SEOG GRANT
(Supplemental Educational Opportunity Grant) This grant
is awarded to high need students who apply early in the
year (funds are limited). Students must be eligible for the
Pell Grant to receive this assistance.
WASHINGTON STATE NEED GRANT
This grant is available for Washington residents only.
The State Need Grant is adjusted for less than full time
enrollment and may not exceed the amount of allowable
tuition and fees each quarter. Although this is a state
grant, eligibility is determined by FAFSA.
SCHOLARSHIPS
Scholarships, like grants, offer free monetary assistance
for educational needs. Scholarships are offered by
organizations associated with the college and by outside
agencies. For a current list of resources, please visit our
website at www.lwtech.edu/financialaid.
STUDENT WORK STUDY
Work Study is part-time employment funded by federal
or state financial aid funds. Students apply by marking
they are interested in work study on their FAFSA. Funds
are limited and are awarded to students on the basis of
need who apply early. Students may work up to a max.
of 19 hours a week. Students must be enrolled at least
half-time. For more information, please visit our website.
STAFFORD AND PLUS STUDENT LOANS
The federal Stafford loan is a student loan guaranteed
by the federal government; students do not need to
have established credit to qualify. Student repayment
begins up to 6 months after you leave school or drop
below half-time. The Parent PLUS Loan is available for
dependent students, and parents may borrow up to the
cost of the student’s budget, minus any other aid, with
this loan if approved.
VETERANS BENEFITS
Veterans benefits are available for qualifying veterans,
including chapters 30, 31, 33, 35, 1606 and 1607.
Students must be in a program approved for these
benefits by the Department of Veterans Affairs (most
programs at LWIT are approved). For more information on
veterans benefits, see page 165.
LAKE WASHINGTON COLLEGE FOUNDATION
The Foundation offers scholarships and also provides
emergency financial assistance to students with pressing
needs through the Student Emergency Fund which is
administered by the Financial Aid Director. The Lake
Washington College Foundation currently manages
a variety of accounts and endowments on behalf of
generous donors and the college departments for the
benefit of students and programs.
For more information on Foundation scholarships
and/or the Student Emergency Fund, please contact
the Financial Aid Office at (425) 739-8106 or
financialaid@lwtech.edu.
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