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Financial Aid & Affordability Scholarships Cooperative EducationWays to Learn
Non-Degree Center Locations Continuing Education – online career trainingUnderstanding financial aid doesn't have to be overwhelming. Our Financial Aid & Educational Funding team will help you explore scholarships, grants, loans, and payment options so you can create a plan that makes earning your degree more affordable.
Apply for Admission
Apply to Lakeland University. Once admitted, you'll automatically be considered for academic scholarships.
Complete the FAFSA
Complete the Free Application for Federal Student Aid (FAFSA) to determine your eligibility for scholarships, grants and federal financial aid.
Receive Your Financial Aid Offer
We'll prepare a personalized financial aid offer outlining the scholarships, grants and other financial assistance you've been awarded.
Review Your Options
Meet with our Financial Aid team to review your offer, discuss payment options and create a plan that fits your family's budget.
Mark your calendar. Send in the material. Ensure you have a smooth enrollment process before it’s too late. Assure you understand these key deadlines for financial aid.
FAFSA becomes available.
Lakeland priority FAFSA deadline.
Financial aid offers are distributed.
Finalize financial aid requirements before classes begin.
If selected for verification, SUBMIT VERIFICATION DOCUMENTS via NetPartner on my.lakeland.edu.
ACCEPT OR DECLINE FINANCIAL AID OFFER by signing and returning the paper aid offer or by accepting/declining online via NetPartner on my.lakeland.edu.
If accepting loans, first-time borrowers need to COMPLETE THE MASTER PROMISSORY NOTE (MPN) AND ENTRANCE COUNSELING prior to the beginning of classes. Complete at studentloans.gov and login using FSA ID.
APPLY FOR OUTSIDE SCHOLARSHIPS.
REPORT ANY OUTSIDE SCHOLARSHIPS received to the Financial Aid & Educational Funding Office.
Students accepting federal loans must complete the following requirements.
These steps must be completed before your federal loans can be disbursed to your Lakeland University account.
Entrance Counseling
Entrance Counseling is designed to inform you of important information you should know before you borrow a loan.
OurFinancial Aid & Educational Funding Office will receive electronic notification (in approximately 2-3 business days) upon successful completion of this federal requirement
Master Promissory Note (MPN)
The Master Promissory Note (MPN) is a legal document in which you promise to repay your loan(s) and any accrued interest and fees to the U.S. Department of Education. It explains the terms and conditions of your loan(s); for instance, it will include information on how interest is calculated and what deferment and cancellation provisions are available to you.
Lakeland University will receive this after the successful origination of your federal student loans with the US Dept. of Education.
Annual Loan Acknowledgement
The Annual Student Loan Acknowledgement is required each year you accept a new federal student loan. You are acknowledging that you understand how much you owe and how much more you can borrow.
Lakeland provides tools to help students manage and understand their financial aid.
Students can:
Our counselors can help you:
By when should I complete the FAFSA?
For priority consideration, complete the FAFSA by Feb. 1 each year.
How do I complete the LU financial aid application?
How do I accept my financial aid?
Lakeland University follows federal, state, and institutional financial aid policies that determine eligibility for financial aid programs. Students are responsible for understanding the requirements associated with their financial aid, including their rights and responsibilities as a recipient.
Review important information about financial aid eligibility, maintaining aid, receiving and using financial aid, and your rights and responsibilities as a Lakeland student.
View Financial Aid PoliciesTopics Include:
