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Financial Aid

Assisting students in receiving a college education

 

About Financial Aid

Financial Aid Calculator

 

The Office of Financial Aid at LMC is committed to empowering our students by providing them with access to all state and federal funding, thus providing them with the tools to make educated decisions in the pursuit of their educational goals.

 

Our primary objective is to provide adequate financial assistance to the maximum pool of eligible students through the coordination of both state and federal funding. The Office of Financial Aid at LMC strives to provide fast, courteous customer service to all financial aid recipients and the LMC community throughout the financial aid process.

What is financial aid?

Student financial aid programs were created to assist students in paying for their college education. Funding for these programs comes from a variety of sources including the United States Department of Education, the State of California and several other private sources. Federal, State and private funds awarded to students can be used to pay for fees, books, supplies, room/board and transportation costs. Although Financial Aid is generally provided to assist with the costs of attending college, it is not intended in any way to supplement a students income or the parents ability to pay for their child's college cost.

 

How do I apply for financial aid?

  1. Students must complete a Free Application for Federal Student Aid (FAFSA) beginning January 1.  Renewal students (students reapplying for financial aid) must also apply for aid beginning January 1 of each year. The Office of Financial Aid at Los Medanos College encourages students to complete their FAFSA online at www.fafsa.gov. You will need to enter a school code. The school code for Los Medanos College is: 010340. Students who do not possess a pin number may apply for a pin online at www.fafsa.gov. **Note: Renewal students who do not receive notification of their renewal by January 15 should complete a new FAFSA online.
  2. LMC strongly encourages all students to complete a GPA (Grade Point Average) verification form. (Non-California residents may delete this step). Although the priority deadline is March 2, we will continue to accept applications until June 30, depending on availability of funding.

Types of aid

How awards are disbursed:

50% of the student's financial aid computation will be paid during the first week of the school term (Initial disbursement is based on number of units you are enrolled at the time disbursements are run). The second 50% of the computed financial aid, minus first installment payment, will be paid approximately the 9th week of the term. Students who have been awarded financial aid after 10/17/2014 will receive 100% of the Pell grant disbursement on the scheduled payment dates. Awards are based on attendance at the time check disbursements are run. Please refer to the Payment Schedule provided on Portal/WebAdvisor.

 

Please be sure that your correct address is on file with the Admissions and Records Office. Incorrect addresses will result in a delay of receiving your disbursement.

 

Enrollment Status

Full-time 
12 units or more
Three-quarter time
9 to 11.5 units
Half-time     
6 to 8.5 units
Less than halftime
1 to 5 units

 

Please note: Students who are less than full-time will receive a prorated award. Most financial aid programs require that your award be reduced based on your enrollment status. Please review the enrollment status chart above. The enrollment status chart applies to the summer, fall, and spring semesters for financial aid awarding.

 

 

Contra Costa Communtiy College District - 2014-2015 Financial Aid Award Notification Payment Calendar & Explanations:

 

Your financial aid check will be mailed to the current address on file in the Admissions and Records Office.  If you have a change of address, you must notify the Admissions and Records Office immediately. 

 

Pell Grant awards and any other grants listed on your “Financial Award Notification” (excluding College Work Study) are disbursed as outlined below. Your “Financial Award Notification” is based on full time enrollment and your Pell disbursement will be adjusted based on the following enrollment levels:

 

ENROLLMENT LEVEL                         AWARD CALCULATION

12 or more units              =       full time – 100% of your semester award amount

9 – 11.9 units                 =       ¾ time enrollment – 75% of your semester award amount

6 – 8.9 units                   =       ½ time enrollment – 50% of your semester award amount

0.1 – 5.9 units                 =       pro-rated according to EFC (Expected Family Contribution)

 

Your enrollment level for disbursement will be determined on the corresponding Award Calculation Date (see calendar below).

Please ensure that all registration changes are made prior to the Award Calculation Date

for those units to be included in your enrollment level for that disbursement. 

 

You are required to repay federal aid if you withdraw before completing 60% of the course length.

 Fall 2014 full term course 60% date:  October 28, 2014

Spring 2015 full term course 60% date:  March 25, 2015

Please note: the 60% date will vary for classes that do not run a full term (i.e. short term classes, summer classes).

 

All accurate and complete forms and/or documents submitted by the publicized documentation deadline will be scheduled to be processed and awarded for the corresponding check disbursement date.

 

PAYMENT

Documentation Deadline

Award Calculation Date

Checks Mailed

Awards

College

Fall 2014

1st Payment

07/14/2014

*08/20/2014

08/22/2014

Pell

Loans (DVC only)

CCC/DVC/LMC

2nd Payment

08/18/2014

09/17/2014

09/19/2014

All Grants & Loans

CCC/DVC/LMC

3rd Payment

09/22/2014

***10/15/2014

10/17/2014

Pell Only

CCC/DVC/LMC

4th Payment

10/20/2014

11/05/2014

11/07/2014

All Grants & Loans

CCC/DVC/LMC

5th Payment

11/17/2014

12/03/2014

12/05/2014

All Grants & Loans

CCC/DVC/LMC

Spring 2015

1st Payment

01/05/2015

**01/14/2015

01/16/2015

Pell

Loans (DVC only)

CCC/DVC/LMC

2nd Payment

01/20/2015

02/11/2015

02/12/2015

All Grants & Loans

CCC/DVC/LMC

3rd Payment

02/17/2015

***03/11/2015

03/13/2015

Pell Only

CCC/DVC/LMC

4th Payment

03/16/2015

04/15/2015

04/17/2015

All Grants & Loans

CCC/DVC/LMC

5th Payment

04/20/2015

05/13/2015

05/15/2015

All Grants & Loans

CCC/DVC/LMC

Summer 2015

1st Payment

05/04/2015

05/27/2015

05/28/2015

All Grants & Loans

Students will be paid by their Financial Aid home school based on the start date of their summer classes

2nd Payment

05/18/2015

06/10/2015

06/11/2015

All Grants & Loans

3rd Payment

05/26/2015

06/17/2015

06/18/2015

All Grants & Loans

4th Payment

06/15/2015

07/08/2015

07/09/2015

All Grants & Loans

*Students awarded on or before 07/14/14 will receive 50% of the award calculation amount based on the enrollment level as of 08/20/14. The award amount will be recalculated based on the enrollment level as of 10/15/14, and the remainder of the award amount (including any increased amount due to an increase in enrollment level) will be disbursed on the 3rd Payment. Students who are awarded after 07/14/14: your disbursement amount will be determined based on your enrollment level as of the Award Calculation Date which corresponds with the Documentation Deadline.

**Students awarded on or before 01/05/15 will receive 50% of the award calculation amount based on the enrollment level as of 01/14/15. The award amount will be recalculated based on the enrollment level as of 03/11/15, and the remainder of the award amount (including any increased amount due to an increase in enrollment level) will be disbursed on the3rd Payment. Students who are awarded after 01/05/15: your disbursement amount will be determined based on your enrollment level as of the Award Calculation Date which corresponds with the Documentation Deadline.

***Units added after the 3rd Payment Award Calculation Date for each semester, or classes that do not begin until after this date, will not be considered towards a student’s enrollment level for determining financial aid disbursements for that semester. The award calculation will be ‘frozen’ based on the enrollment level prior to this 3rd Payment Award Calculation Date for the remainder of the semester.

 

What if I get denied financial aid?

All students are entitled to an appeal. Students who are denied financial aid are entitled to an explanation for a denial. The first step for a student who is denied aid is to complete the online Satisfactory Progress Workshop: