Assisting students in receiving a college education
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. |
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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 03/14/2014 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.
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.
Financial Aid Payment Schedule
for Academic Year 2013-2014
PAYMENT |
Documentation Deadline |
Award Calculation Date |
Checks Mailed |
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Fall 2013 |
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1st Payment |
07/15/2013 |
*08/21/2013 |
08/23/2013 |
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2nd Payment |
08/19/2013 |
09/18/2013 |
09/20/2013 |
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3rd Payment |
09/23/2013 |
10/16/2013 |
10/18/2013 |
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4th Payment |
10/21/2013 |
11/06/2013 |
11/08/2013 |
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5th Payment |
11/18/2013 |
12/04/2013 |
12/06/2013 |
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(a) Please ensure that all registration changes are made prior to the award calculation date. Any changes made on the award calculation date may or may not effect your payment. |
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Spring 2014 |
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1st Payment |
01/03/2014 |
**01/15/2014 |
01/17/2014 |
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2nd Payment |
01/21/2014 |
02/12/2014 |
02/14/2014 |
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3rd Payment |
02/18/2014 |
03/12/2014 |
03/14/2014 |
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4th Payment |
04/07/2014 |
04/16/2014 |
04/18/2014 |
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5th Payment |
05/05/2014 |
05/14/2014 |
05/16/2014 |
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(a) Please ensure that all registration changes are made prior to the award calculation date. Any changes made on the award calculation date may or may not effect your payment. |
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Summer 2014 |
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Summer Payment |
07/07/2014 |
07/16/2014 |
07/18/2014 |
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(a) Please ensure that all registration changes are made prior to the award calculation date. Any changes made on the award calculation date may or may not effect your payment. |
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*Students awarded Financial Aid on or before 07/15/13 will receive 50% of Financial Aid based on the number of units enrolled on 08/21/13and will receive the remainder of Financial Aid eligibility on the Third Payment Date, which will be adjusted based on the number of units enrolled on 10/16/13. Students who have been awarded Financial Aid after 10/16/13, payments will be based on the number of units enrolled on Award Calculation Date.
**Students awarded Financial Aid on or before 01/03/14 will receive 50% of Financial Aid based on the number of units enrolled on 01/15/14 and will receive the remainder of Financial Aid eligibility on the Third Payment Date, which will be adjusted based on the number of units enrolled on 03/12/14. Students who have been awarded Financial Aid after 03/26/14, payments will be based on the number of units enrolled on Award Calculation Date.
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:
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Types of aid