LCC Catalog - Luna Community College

STUDENT FINANCIAL ASSISTANCE
(505) 454-2560
email: finaid@luna.cc.nm.us
It has long been recognized that the cost of attending institutions of higher education
is greater than many families can afford. Financial assistance provides students with
supplementary funds to offset these expenses. The Office of Student Financial
Assistance (OSFA) provides financial assistance to students who demonstrate need
in order to attend LCC. LCC offers a variety of federal and state financial assistance
programs. However, LCC does not provide student assistance from its general operating
funds.
Note: INFORMATION CONTAINED IN THE OFFICE OF STUDENT FINANCIAL ASSISTANCE
SECTION OF THIS CATALOG IS SUBJECT TO CHANGE AT ANYTIME.
Application Process
All students who plan to attend LCC and require financial assistance are encouraged
to apply. Applications are available at the Office of Student Financial Assistance and
will be mailed upon request. Students are also able to apply through the U.S.
Department of Education’s World Wide Web Site. Their web address is
www.fafsa.ed.gov.
To apply for assistance, students must submit a yearly financial assistance application
for processing. For both the 2002-2003 and 2003-2004 school years, students must
submit a Free Application for Federal Student Aid (FAFSA) to the Federal Student Aid
Programs and include LCC’s Title IV school code on the appropriate section of the
application. LCC’s Title IV school code is 009962.
It is strongly recommended that students complete and file this application by the
proceeding April 15 of the school year in which the financial assistance is needed.
For example, students planning to attend LCC and wanting to apply for student financial
assistance for the 2003-2004 school year, which includes Fall 2003, Spring 2004 and
Summer 2004, should file the 2003-2004 FAFSA by April 15, 2003. Students who
apply by April 15 will be given priority for awarding purposes. Assistance may be
available for late applicants; however sources are limited.
All participants in LCC’s financial assistance programs must meet certain criteria to
qualify for assistance. The applicant must:
Have financial need, except for some loan programs;
Have a high school diploma or GED;
Be either a U.S. citizen or an eligible noncitizen;
Be enrolled in an eligible program as a regular student seeking a degree or
certificate;
Be making satisfactory academic progress;
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