admissions

Frequently Asked Questions

  1. What is the LRCC - Laconia school code?
  2. What are the steps for applying for Financial Aid at LRCC - Laconia?
  3. Do I have to wait until I am accepted into a program to submit the financial aid paperwork?
  4. What is the Pell Grant?
  5. What is an independent student?
  6. Are there other grants or scholarships available?
  7. I have financial aid but it didn't show up on my bill; can you help me?
  8. Can you tell me when my disbursement date is?
  9. Can you tell me how much my refund will be?
  10. Can you tell me when I can pick up my refund?
  11. Can I access my financial aid information on-line?
  12. When do I have to begin repaying my student loan?

 

  1. What is the LRCC-Laconia school code?

                 Our school code is 007555

 

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2.     What are the steps for applying for Financial Aid?

             Refer to "Process to Apply for Financial Aid" page.

 

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3.     Do I have to wait until I am accepted into a program
            to submit the financial aid paperwork?

            No. Once you have applied to Admissions for the current aid
            year you should submit the Free Application for Federal
            Student Aid (FAFSA) at www.FAFSA.ed.gov. If requested
            by the FA Office you may download and complete the
            Verification Worksheet (PDF or Printed Copy) with all supporting
            documents.

 

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4.     What is the Pell Grant?

           This is the Federal government's basic grant program. Eligibility
           is determined from the information the student provides on the
           FAFSA.

 

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5.     What is an independent student?

           You are an independent student when you reach the age of 24,
           have become a Veteran of the US Armed Forces, are married,
           have a child that you support, have a Bachelor's Degree or were
           a ward of the court.

 

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6.     Are there other grants or scholarships available?

           Refer to the "Additional Grant, Loan and Scholarship information"
           page, our electronic bulletin board in the cafeteria or the tower
           of scholarship information located in our Library. We encourage
           students to do research on their own as well.

 

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7.     I have financial aid but it didn't show up on my bill; can you help me?

           The Federal Government mandates that funds for first-time
           borrowers be held for 30 days. Each semester, grants and loans
           will begin to disburse approximately 15 days into the semester
           and each week thereafter through the end of the semester.

 

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8.     Can you tell me when my disbursement date is?

           Your individual loan disbursement schedule is listed on the
            Disclosure Statement you receive form your lender.

 

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9.     Can you tell me how much my refund will be?

            We do not know what your refund will be. You can subtract your
            financial aid from your bill to estimate your refund if you are
            eligible for a refund. Or you may track your account activity and
            transactions via the Student Information System link which is
            located on the left side in the navigation bar on the Financial Aid
            web pages.

 

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10.    Can you tell me when I can pick up my refund?

            Any and all refunds will be mailed directly to the student's
            address of record. You may track your account activity
            and transactions via the Student Information System link
            which is located on the left side in the navigation bar on
            the Financial Aid web pages.

 

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11.     Can I access my financial aid information on-line?

              Yes, you can, through the Student Information System link which
              is located on the left side in the navigation bar on the Financial
              Aid web pages.

 

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12.     When do I have to begin repaying my student loan?

Stafford loan repayment begins 6 months after you withdraw or graduate from the College, or drop below 6 credits.  Perkins loan repayment begins 9 months after you withdraw or graduate from the College, or drop below 6 credits.

 

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