1. Complete the FAFSA (Free Application for Federal Student Aid) at www.fafsa.gov. This application is free. You will also need to complete an FSA (Federal Student Aid) ID, which will be part of the FAFSA application process. The FAFSA is the first step in the process of applying for federal and state aid. Central Lakes College (CLC) college code is 002339 for both campuses. The FAFSA is available in alternative formats and languages. You may find alternative formats online at FAFSA.gov or at the Financial Aid Office.
IRS Date Retrieval tool allows the student and/or parent to upload tax return data from the IRS website to the FAFSA. This is a safe, secure and accurate way to insure the correct tax data is used. Be aware not everyone can use this tool, but many can.
* A FAFSA needs to be completed each school year you attend college. The financial aid academic year at Central Lakes College is from Fall through Summer. The 2014-15 school year includes Fall 2014, Spring 2015 and Summer 2015. The 2015-16 school year includes Fall 2015, Spring 2016 and Summer 2016.
* The length of time it takes before you receive results of your FAFSA depends on how you apply:
- A FAFSA on the web with FSA ID, as fast as 3 days.
- A paper FAFSA takes 4 to 6 weeks.
* A Student Aid Report (SAR) is provided electronically or mailed by the DOE after a FAFSA has been processed. You should review the SAR to make sure the information is correct. If corrections are needed, we recommend that you contact the Financial Aid Office.
2. The DOE processor will electronically send your FAFSA information to the college code(s) listed on the FAFSA at the same time a SAR is provided to you.
3. Some additional verification may be required. CLC will use email notification asking you to review your Financial Aid Status under Aid Application in your E-Services. This will inform you of other required documents to complete your financial aid file. Some requested documents can be submitted electronically. Prompt completion and submission will allow your financial aid file to be worked on sooner. If you prefer paper documents to be mailed to you, please call the Financial Aid Office.
4. Special Circumstances: The Financial Aid Office is allowed to use professional judgment to allow changes to the FAFSA. If you have had changes to your income or family situation a Special Circumstances Appeal is available with a link in your award letter. Be sure to submit all requested documentation.
5. Separate applications are needed for:
* Loans for student and/or parent. Use the Student Loans page on the left-hand side of the screen.
* Minnesota Post-Secondary Child Care Grant
* CLC Foundation Scholarships
* Other Aid:
- Alliss Grant - Applications are available at the Student Services window.
SUMMER FINANCIAL AID
Summer is considered a trailer to the preceding financial aid year. To receive aid for Summer Semester 2015 a 2014-15 FAFSA needs to be completed. The first run of summer aid award letters will happen around mid-April and will be available for viewing on your E-Services. If you have been enrolled both fall and spring semesters at full-time, you may have very little or no aid eligibility remaining for summer.
Summer process 1 2 3 Easy:
1. Be sure to have a complete financial aid file for the current school year. Start with "How to Apply" step 1 above if you have not done a FAFSA yet for the current year. If you received any grants, loans or work study for fall and/or spring semester you already have a complete financial aid file.
2. Register for summer classes. Registration for summer classes may begin as early as November. A Summer Award letter can’t be processed until you have registered for summer classes.
3. If you register for summer classes after mid-April, a Summer Award letter will be packaged and available on your E-Services for viewing within two weeks of your summer registration. Below is an explanation of how summer aid is awarded.
* Eligibility for summer session grants will be based on any remaining eligibility after fall and/or spring semester.
* If you are transferring from another college, the financial aid you received there will also be taken into account in determining summer eligibility.
* Full-time enrollment for summer is the same as fall and spring semesters.
~ Federal programs-12 credits or more
~ Minnesota State Grant (MSG) and Post-Secondary Child Care grant-15 credits or more.
* If you have eligibility on your summer award letter there will be instructions on how to apply in the letter. Login to your E-Services or refer to the Student Loans page to begin the process of applying for loans. You must be enrolled in at least 6 credits to be eligible for loans.
* If there is not any loan eligibility be sure to ask at the Financial Aid Office. There may be some other loan option.
* Student employment for the summer is also available.
* Stop at the Financial Aid Office to check into eligibility.
* Complete upcoming years FAFSA
* Eligibility will be based on the upcoming year's financial aid file.
* The Financial Aid Office can’t guarantee that you will earn the full amount of your work award. This is different than the grants and loans for summer. So the FAFSA for the next school year needs to be completed by June 1st with an indication of interest in work study on the FAFSA.
* A student need not be registered for summer term credits, but must be registered for at least 6 credits in the fall term. Be aware summer work study awards may adversely affect fall work study and/or loan eligibility awards.
Confidentiality of Financial Records
The General Education Provision of the Act of 1974, as amended by the Family Educational Rights and Privacy Act of 1974, provides for privacy safeguards for students and families by setting up guidelines for the disclosure of education records and personally identifiable information. The law provides that financial assistance records of a student may be inspected by that student only.