If you think you will need financial aid to pay for college, be sure to apply for financial aid after you apply to LMC. Read about the different types of financial aid and learn about how to finance your educational goals.
Grants and waivers are available from federal and state sources. Most grants are need-based and will require students to complete the Free Application for Federal Student Aid (FAFSA) to determine whether they are eligible. Students must meet financial need requirements as well as some general eligibility criteria (unless it is noted otherwise under the specific grant program).
The level of funding and amount of grants and waivers can vary from year to year. In most cases, the amount of the grant is split between fall and spring semesters. Students must reapply for grants and meet the eligibility criteria each year. Learn about available grants.
Do grants need to be repaid?
Unlike student loans, grants do not need to be repaid.
Scholarships are gift funds based on academic achievement, a special talent, your major, or financial need. Best of all, you don't need to repay scholarships! Do you know someone who is interested in establishing a scholarship at LMC?
Scholarships are gifted to Lake Michigan College by private donors, companies and organizations to help students pay for tuition, books and other expenses.
Who should apply for scholarships?
High school seniors and recent graduates, those who have never attended college and those who are returning to college are welcome to apply for scholarships. Current LMC students should also apply for scholarships.
Who is eligible?
If you have been accepted into a program leading to a degree or certificate and are enrolled at least half-time, you are eligible to apply for LMC scholarships. Learn more about eligibility.
A student loan is financial aid that must be repaid by the student, with interest. Loans are a legal obligation and a serious responsibility. There are serious consequences when students default on loans. It is important to think carefully about how much money is really needed to pay for your educational expenses so that you can borrow only what you need.
Before considering a student loan you should first exhaust all other financial aid types, such as grants, scholarships, and work-study programs. In order to determine financial aid eligibility, students must first complete the Free Application for Federal Student Aid (FAFSA). If you need assistance or have questions, please contact the Financial Aid Office at (269) 927-8112.
The federal and state government are the biggest sources of student loans. Other loans are also available. Learn more about various loan sources.
Types of Loans
Learn about direct subsidized and unsubsidized loans, parent PLUS loans, and private/alternative loans.
What happens when I get a student loan?
Read about your rights and responsibilities when you borrow money.
The Work Study Program is a federally and institutionally funded financial aid program that provides employment opportunities for students to work on campus, as well as various non-profit organizations in the community. These programs offer students a great opportunity to gain valuable work experience and marketable skills while providing LMC with vital student support.
To be eligible to apply for these positions you must complete the Free Application for Federal Student Aid (FAFSA) as well as the Student Employment Application. You must be in a degree-seeking program, enrolled in school at least half-time, and have a complete financial aid file. Student employment applications are submitted to the Career Center located in room D-201/202 on the Benton Harbor campus.
You will be required to create a resume with help from the Career Center. You can then apply for open positions and participate in the interview process if selected for an opening. Applying for a position does not guarantee employment at Lake Michigan College or at authorized off-campus employers. Student employees are hired based on skills and abilities.
The amount of the work-study award is determined based on your entire financial aid package and can be affected by other types of aid, such as student loans. If hired, you earn work-study funds by working and will be paid bi-weekly in a paycheck. You may work a maximum of 20 hours per week, but how many hours you work will depend on the needs of the department, the department’s budget, and how much work-study you are awarded in your financial aid package.
Here's what you'll need to complete your 2018-2019 Free Application for Federal Student Aid:
- Your 2016 tax return (or your parent(s) if you're listed as a dependent;
- Bring your W-2 if no tax return was filed;
- Driver's license number;
- Social security number or Alien Registration Number.
Student Employment Application
Find employment applications for new and returning work-study students.
Forms & Documents
Find these documents here:
- Work-study employment agreement
- Work-study handbook
- Work-study performance evaluation
Flexible Payment Options
Flex Pay is a low-cost way to spread your tuition and fee payments out over time.
- Payments are automatically deducted from your checking account or your MasterCard, Discover Card or American Express.
- Flex Pay is not a loan program so you won’t have interest or finance charges, and there is no credit check.
- There is a $25-per-semester, non-refundable enrollment fee.
- A small convenience fee is charged for credit card payments.
- Payments are processed on the 5th of each month and continue until the balance is paid in full.
- There is a $30 fee if a payment is returned for insufficient funds.
- You must sign up each semester that you want to use the program.
How to Enroll in Flex Pay
If you wish to use Flex Pay, you must sign up each semester at the time of registration through e-Cashier. Learn how to sign up for Flex Pay.