Available Financial Aid
Evening & Online Program
Federal Aid
Pell Grant. This need-based
federal program selects eligible undergraduate students and determines
the grant amount.
Stafford Loan.
This loan program offers a competitive fixed interest rate at 6.8%. A student must be enrolled in six or more credits per
term to be eligible for federal loans.
- Subsidized loans:
need based; interest paid by the government while the student
is in school; repayment begins six months after leaving college.
- Unsubsidized loans: not need based; interest begins accruing immediately and is
payable from the date of the first disbursement or may be capitalized;
repayment begins six months after leaving college.
Parent Loan for Undergraduate Students (Plus). This federally funded loan is
available for parents of dependent students. The interest rate is
fixed at 8.5%. This loan is not need based. Parents who are
interested should contact the financial aid office or file a Lakeland
College
PLUS Information Form.
State Aid
Talent Incentive Program (TIP). This
program is designated to assist low income, disadvantaged freshmen
students. Grants are renewable through the senior year. Students
may apply for this grant by contacting the nearest Wisconsin
Educational Opportunity Program (WEOP) office.
Other Aid
Outside Scholarships/Grants. A student
may seek scholarships or grants from various community sources such
as local clubs, area churches, church organizations, etc. Some Internet
searches are: www.fastweb.com; www.cashe.com; www.collegenet.com; www.scholarships.com.