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The Financial Aid Process
Application Procedure
Any undergraduate student who desires financial aid from the College
must complete the Free Application for Federal Student Aid (FAFSA) at
www.fafsa.ed.gov.
Financial aid awards are made on a cyclical basis. That is, the earlier
you apply, the greater chance you have of receiving need-based
grant/scholarship resources. Preference for financial aid provided by
the College is given to students who have the FAFSA on file at the
federal processing center by April 1. Applications received after April
1 are only considered for funds that may be available after on-time
applicants have been awarded. Applications should be
submitted as soon after January 1 as possible. To have your FAFSA
information sent to Lees-McRae College, enter our Federal School Code,
002939, in Step 6 of the FAFSA. It is not necessary to list the college
name, address or state, but be sure to enter a housing code to indicate
where you plan to live while attending the College. After the FAFSA is submitted,
the federal processor will send you a Student Aid Report (SAR). Be sure
that Lees-McRae College is listed on the SAR, otherwise we will not be
able to receive your information from the federal processor. If
Lees-McRae College is not listed or a SAR is not received within four to
six weeks, contact the Federal Student Aid Information Center at
1-800-433-3243 Financial aid awards are not
automatically renewable unless specified otherwise in your award letter.
Almost all student aid at the College must be reapplied for every year.
Financial Aid for Summer Sessions In addition to the
process outlined above, students who wish to apply for financial
assistance for summer sessions must submit a Lees-McRae College
Application for Financial Aid-Summer Sessions. These forms are available
from the Office of Student Financial Aid on or about March 1 each year. A
form may also be obtained online (see Forms on Main Page). Summer
Session aid is contingent upon the availability of funds and normally
consists of Stafford Loans and Federal Work-Study. Preference is given
to applicants who file summer applications prior to April 1.
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