Award Process
Once your Financial Aid file is complete, the information you reported is verified and then checked for eligibility. Based on what you request, an award letter is generated and mailed to the address the college has on file. This award letter will allow you to view all you have available for two (2) semesters. Your awarded funds are based on the amount of credit hours you are registered for. Most awards are estimated at full-time (12 credit hours) if you are not registered at the time of the award. You are required to return your award letter within ten (10) business days to accept the aid or your award will be cancelled.
Nationwide, Financial Aid Directors have update capability for student aid eligibility, which includes override capabilities. At Lake City Community College, these overrides are determined using "professional judgment" on a case by case basis by the Director of Financial Aid in consultation with the Dean of Student Services. A log is maintained in the Financial Aid Office regarding these updates and overrides and a dated notation is made in the individual student's file of the decision rendered by the Director of Financial Aid and the Dean of Student Services.
