Financial Aid Presentation - Lansing Community College

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Transcript Financial Aid Presentation - Lansing Community College

LANSING COMMUNITY COLLEGE
FINANCIAL AID UPDATES & TIPS
Jake Rodriguez
Nicole Reinhart-Huberty
Jim Owens
IRS DATA RETRIEVAL & TAX RETURN TRANSCRIPT
Data Retrieval Tool
The best and quickest
option for students
and parents to provide
tax information on
FAFSA.
 Must have filed taxes
and allowed approx 2
weeks for the gov’t to
process info prior to
being able to retrieve

Tax Return Transcript
May be fitting for
people who are not
eligible for Data
Retrieval
 Could be requested
from college’s for
Special Circumstance
Appeal
determinations (e.g.
Loss of Income
Appeal)

TUITION INCENTIVE PROGRAM (TIP)



Many students do not know they are eligible
Students must have been on Medicaid for 24
months within a 36 month period to be eligible
Students who think they may be eligible should
contact the State of MI Office of Scholarships and
Grants to see if they qualify (1-888-447-2687)
State of MI has TIP H.S. counselors powerpoint
http://www.michigan.gov/mistudentaid/0,4636,7128-60969---,00.html

CIRCUMSTANCES APPEALS…
Special Circumstances allow for
considerations to be made at the
institutional level that cannot be
performed through FAFSA
 LCC Financial Aid forms are online
http://lcc.edu/finaid/forms/
 Special Circumstances Appeals are
under construction to be a document
students submit online and attach
necessary documentation
(stay tuned)
 Each institution handles the Special
Circumstance appeal process
differently

SPECIAL
Not every student fits in a “box”
•Job
loss
•Parent
will
not help
complete the
FAFSA
•Parent(s)
in
college
•Student
got
married
•Student/
Parent got
divorced
•Exceptional
expenses
•Other
TERMINOLOGY
“Homeless” means lacking fixed, regular and adequate housing.
You may be homeless if you are living in shelters, parks, motels or
cars, or are temporarily living with other people because you have
nowhere else to go. Also, if you are living in any of these situations
and fleeing an abusive parent you may be considered homeless even
if your parent would provide support and a place to live.
“Unaccompanied” means you are not living in the physical custody
of your parent or guardian.
“Youth” means you are 21 years of age or younger and you are still
enrolled in high school as of the day you sign this application.
Answer “No” if you are not homeless or at risk of being homeless, or
do not have a determination. You should contact your financial aid
office for assistance if you do not have a determination but believe
you are an unaccompanied youth who is homeless or are an
unaccompanied youth providing your own living expenses who is at
risk of being homeless.
HOMELESS STATUS
•Unaccompanied Youth who was homeless via School District
Homeless Liaison
•Homeless via U.S. Department of Housing and Urban
Development (HUD)determine you were an unaccompanied
youth who was homeless?
Homeless via HUD letter
•Did the director of a runaway or homeless youth basic center
or transitional living program determine that you were an
unaccompanied youth who was homeless or were selfsupporting and at risk of being homeless?
•The Financial aid administrator at your college may require
you to provide a copy of the determination if you answered
“Yes” to any of these questions
HIGH SCHOOL COMPLETION VS. DIPLOMA
H.S. Diploma
H.S. Completion
Not eligible for Title
IV aid
 Possibly some
scholarships

Required for federal
grants, loans, workstudy
 GED also acceptable
for Title IV aid

QUESTIONS?
Jake Rodriguez [email protected] 483-1554
Nicole Reinhart-Huberty [email protected] 483-1968
Jim Owens [email protected] 483-1301