FINANCIAL AID
An extensive program of financial aid is available for students attending LTC. The Financial Aid Office is
located in the Student Services area. See the Financial Aid staff for help in applying for financial aid.
Most programs are approved for funding by the U.S. Department of Education. Grants, loans, and work-
study jobs are available to qualified applicants based on financial need. A Free Application for Federal
Student Aid (FAFSA) must be completed.
FULL-TIME STATUS
Students are considered full-time if they are taking 12 or more credits each semester. However, it
should be emphasized that in order to complete a degree program in two years, students may need to
take 16 to 18 credits each semester.
"The definition of an academic year for purposes of distributing financial aid funds is 30 weeks
of instruction and 24 semester credit hours. The academic year consists of a fall term and a
spring term. A 10-week summer term is also available.”
Students wishing to receive financial aid must complete a Free Application for Federal Student Aid
(FAFSA) every academic year at
as well as complete additional LTC Financial Aid
forms and provide documentation as necessary.
Generally a student must meet the following eligibility criteria to receive financial aid: be admitted to an
eligible degree-seeking program at LTC;; be a citizen, permanent resident of the Unites States, or other
eligible non-citizen as detailed at
;; have a FAFSA with a successful citizenship match (by
the Social Security Administration for U.S. citizens or the United States Citizenship and Immigration
Services in the Department of Homeland Security for eligible non-citizens);; maintain satisfactory
academic progress (SAP) according to the SAP policy;; be accepted into a financial-aid-eligible
program;; be in compliance with Selective Service Registration;; have a high school diploma, HSED, or
GED;; be enrolled at least halftime for federal and state funded financial aid programs (those less than
halftime may only be eligible for the Federal Pell grant);; resolve any drug conviction issues;; fill out all
required documents to complete a financial aid file;; only take coursework necessary for the program
being pursued;; and complete any necessary applicable loan requirements.
The following are need-based awards offered to LTC students: Federal Pell Grant;; Federal
Supplemental Education Opportunity Grant (SEOG);; Direct Subsidized Student Loan;; Federal Work-
Study;; Wisconsin Grant;; Talent Incentive Program grant (TIP);; Minority Retention Grant;; Fund for
Wisconsin Scholars;; Bureau of Indian Affairs grant;; Wisconsin Indian Assistance Grant.
The following are non-need based awards offered to eligible LTC students: Direct Unsubsidized Student
Loan;; Additional Unsubsidized Student Loan;; Parent Plus Loan;; Wisconsin Technical Excellence
Scholarship;; Wisconsin Covenant Grant;; Wisconsin Foundation Grant;; and Wisconsin Academic
Excellence Scholarship.
General disbursement policy is that funds are paid no sooner than three weeks into the academic term
for fall and spring (summer term disbursed after July 1). To be eligible for disbursement a student must
meet the general eligibility requirements listed above. When financial aid is applied, it is applied to your
student account to pay for any existing charges. Any excess is released as a refund via a paper check
or direct deposit as directed by the student.
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