If you register early and have a Pell Grant awarded, it is based on the number of hours you are registered in at that time. Once you have accepted your financial aid award, the aid can be credited to your student account. When your tuition and fees have been paid in full, any remaining financial aid will be issued to you by the Higher One refund process. You must be enrolled in the required hours to receive your aid.
Students who drop or add classes on or before the last day of the drop/add period will have their Pell Grants adjusted to reflect the correct enrolled hours. If you have already received your Pell refund and then drop one or more classes on or before the last day of the drop/add period, the Pell adjustment may result in you being overawarded. You will have to repay any overaward. Before you drop a class, check with your Financial Aid Advisor to understand how this will affect your award.
You will owe money if:
Students must begin attendance in all classes. Financial aid will be adjusted if you do not begin attendance in all classes. If you receive your financial aid funds and never attend any classes, you are responsible for immediate repayment of the full amount of the financial aid. If you begin attending classes, but resign or stop attending all classes before completing more than 60% of the semester, you will owe money to the aid program and LDCC.
Federal Pell Grant
The U.S. Department of Education provides federal grants to undergraduate students who are U.S. citizens or eligible non-citizens. Pell Grants are considered a form of "gift-aid" and do not have to be repaid. Pell Grants are awarded to undergraduate students who have not earned their first bachelor’s degree and who demonstrate exceptional financial need. Eligibility is determined with information provided on the FAFSA form and is a direct result of the students’ expected family contribution (EFC) and enrollment status. LDCC must receive a valid Institutional Student Information Record (ISIR) which is generated and sent to us electronically if you listed Delta’s school code: 041301 on the FAFSA. Pell award amounts are determined annually by Congress and based on your anticipated enrollment that you indicated on your FAFSA. If you are not enrolled full-time your Pell award will be reduced proportionately based on the number of hours you are enrolled in as of the 14th class day of the semester.
Federal Supplemental Educational Grant (FSEOG)
SEOG is considered gift-aid that does not have to be repaid. Each year, unlike Pell Grants, the amount of FSEOG a student receives depends not only on his/her financial need but, also, on the amount of other aid the student receives and the availability of funds. Each school participating in FSEOG receives a certain amount of FSEOG funds each year from the U.S. Department of Education. Students who demonstrate exceptional need will be considered first for these funds. This is why it is important for students to apply early to be considered for these funds. Not everyone who qualifies for FSEOG will receive the grant. The amount of an individual’s award is based on the availability of funds and the student’s demonstrated financial need. The maximum award for the academic year is $400, with the usual award being $200 per semester. The FSEOG award will will be credited to the student’s account and will appear on the student’s LOLA account. If you completed a FAFSA, you have applied for the FSEOG grant. Funds are limited.
GoGrantsThe Louisiana Go Grant Program is provided to support nontraditional and low to moderate-income students who need additional aid to afford the cost of attending college. The Go Grant award is a state grant and does not have to be repaid. To be eligible for a Louisiana Go Grant, you must meet the following criteria:
Any student who was a first time freshman beginning with the 2007-2008 academic year or later who was not initially Pell eligible but subsequently becomes Pell eligible then also qualifies for a Go Grant award. To receive a Go Grant in subsequent years, students must file a FAFSA annually, continue receiving a Pell Grant, have an ECG greater than $0, and maintain steady academic progress.
Then maximum annual award is $2000 and the award can be renewed for subsequent years to a maximum lifetime award of $10,000 per student.
*Residency: Louisiana resident as of the day the FAFSA is filed and Louisiana is the student’s true and fixed domicile as reported on the FAFSA. IF the student’s state of residence on the FAFSA is not reported as LA, but a dependent student claims that a non-custodial parent is a Louisiana resident, or that parents are Louisiana residents living out of state, LOSFA will determine residency based on the completion, by the parents, of a residency affidavit. If a dependent student’s FAFSA indicates that his/her parent was a Louisiana resident when his/her FAFSA was received by the federal processor, he/she is a Louisiana resident. If an independent student’s FAFSA indicates that he/she was a Louisiana resident when his/her FAFSA was received by the federal processor, he/she is a Louisiana resident.
**Education Cost Gap (ECG): The ECG is an amount that is approved by the Louisiana Board of Regents for full-time tuition and mandatory fees. Schools use this figure in a calculation to determine whether a student has financial need and is eligible for the Go Grant. The calculation for is as follows: $1998 + $2000 – Pell Grant Award (full-time) = Education Cost Gap.