Important Financial Aid Information
Free Application for Federal Student Aid (FAFSA)
To be considered for financial aid, you will need to complete the 2020-2021 Free Application for Federal Student Aid (FAFSA). You may complete the FAFSA online at www.fafsa.gov or https://studentaid.ed.gov/sa/fafsa after October 1, 2019. Use your 2018 Federal Income Tax Return information to complete the FAFSA. Be sure LECOM is the college listed to receive the FAFSA data in Step 6 of the FAFSA. The Federal School Code for LECOM (all locations and all programs) is G30908.
Please note…the websites for financial aid application have been consolidated into a new website… https://studentaid.gov. If you go to the old websites, you will be redirected to https://studentaid.gov.
After your FAFSA is processed, your Student Aid Report (SAR) will be available for review and/or corrections online at www.fafsa.gov or https://studentaid.ed.gov/sa/fafsa. Your FAFSA information will be received electronically by the LECOM Office of Financial Aid.
Other Required Documents
All students are required to complete and submit the Authorization and Consent Form.
If your FAFSA is selected for verification, you may be required to submit additional documentation.
Students who have confirmed their acceptance are emailed detailed financial aid application instructions. Requests for financial aid will not be processed until all required forms are on file in the LECOM Office of Financial Aid. We will begin processing financial aid awards in Spring 2020 with a processing time-line based on the start date of your program’s academic year.
Financial Aid Offers
Once all of the requested information is received by the Office of Financial Aid, a student’s eligibility for financial aid will be determined. A student’s Financial Aid Award Letter will posted to the LECOM Student Portal at https://portal.lecom.edu or will be mailed to the student. The Financial Aid Award Letter details student eligibility for financial aid and includes loan application instructions. To apply for the Federal Direct Unsubsidized and/or Graduate PLUS loans, go to https://Studentaid.gov.
Financial Aid award amounts are estimated based on information provided by the student. If the information provided is incorrect, loan eligibility may need to be adjusted. If a student receives any outside awards, he or she will need to notify the LECOM Office of Financial Aid and financial aid may need to be adjusted. Continued eligibility for educational loans is contingent upon the student making satisfactory academic progress. Refer to the LECOM Academic Catalog and Student Handbook for more information regarding satisfactory academic progress.