Disbursing
Financial Aid Funds
If the total amount of the student's financial aid award for the semester exceeds the student's tuition and fees owed to LCC, a refund for any remaining credit balance will be mailed to the student's home. Financial Aid Advance Refund checks are mailed as early as the beginning of the first week of the semester, and on a weekly basis as student financial aid applications become completed, awarded, and/or accepted.
Please note that receipt of a Refund Check does not guarantee that the student's account is at a zero balance. Refund Checks are based on the number of hours in which the student is enrolled at the time disbursement is made to the student's account. If the student drops or adds hours, the student's aid may be subject to adjustment. If the student drops hours, the student may also owe the difference of adjustment, and will be billed accordingly.
Financial aid funds are disbursed directly to a student's account in accordance with federal and state regulations. The funds will be distributed to the student in the following manner:
All financial aid will be applied toward tuition and fees during registration; and
If sufficient funds are available after tuition and fees are paid in full, the student will receive a Financial Aid Refund Check for any remaining balance of grants, loans, or scholarships.
The student must be prepared to meet his or her living and educational expenses during the period prior to the refund and for paying all charges not covered by financial aid. Lansing Community College cautions students applying for financial assistance to be prepared to pay their tuition and fees by the payment due date of each semester. The payment due dates are published each semester on LCC website at www.lcc.edu and in the Semester Course Schedule.
