Financial Aid Status
You will be notified through your Lakeland e-mail account that your award is completed. Once you receive notification, you can log on to your myLakeland account to view your award information. There you will see what funds you have been awarded for the year and you can also view your award by term.
What is it?
Selection is made randomly by the Department of Education.
Why is it necessary?
How do I know if I was selected?
What documents do I need to submit?
Additional documentation or clarification may be needed once your paperwork is reviewed. If so, you will be notified through myLakeland.
Where do I get these documents?
You can request a copy of your federal Tax Return Transcript by calling the IRS at 1-800-908-9946 or visiting their website at www.irs.gov
Child support documents can be obtained from the county agency through which they are paid.
How long does the verification process take?
It can take up to 15 business days to review the information once we receive all requested documents.
If during the review more information or clarification is needed, you will be notified through myLakeland.
Financial Aid eligibility is based on class attendance. Aid will be adjusted for any class a student never attends. A student will be administratively withdrawn from any class he/she has not attended during the first two weeks and will be charged the tuition and fees.
What must I do in order to keep my financial aid?
You must be degree seeking or in an eligible certificate program at Lakeland in order to receive financial aid. To view programs offered at Lakeland, click here.
Maintain Standards of Academic Progress
Be aware of each term's Freeze Date
It is in your best interest to make all of your add/drop changes for the entire semester by the Freeze Date. If you add or drop classes before the Freeze date, the amount of financial aid you are eligible for will be affected. If classes are dropped or added after the Freeze Date, your federal grants will not change as long as you have attended all of the classes enrolled in on the Freeze Date and you do not completely withdraw from all classes.
The Freeze Dates for each term are posted on the announcements page of the Financial Aid web site, the announcements section of myLakeland, and on the monitors located throughout campus.
How does this work?
This policy affects students receiving federal grants.
There are exceptions to this policy:
Please remember it is in your best interest to make all of your add/drop changes by midnight on the Freeze Date,
What happens if I have to withdraw from one of my classes?
As long as you attended the class you are withdrawing from and we have documentation of your attendance in that class, there will be no adjustment in your financial aid. However, withdrawing from classes may affect your SAP status - Standards of Academic Progress Policy (PDF)
What happens if I have to withdraw from all of my classes?
If you withdraw from all of your classes during a semester and have received federal financial aid, we must perform a required federal calculation to determine the amount of aid you are eligible to receive based on the amount of time you attended. This calculation is called Return to Title IV. For additional information, view the Return of Title IV Federal Funds Policy (PDF).
If we are needing additional information or clarification from you, you will be sent an e-mail through your Lakeland account. You can then log on to your myLakeland account to view what additional information is needed. Many of the forms have direct links so that you can download them directly and then submit them to our office.