Laker+ is Lake Land College’s financial assistance program that helps you maximize any assistance you receive to manage your college expenses. With Laker+, financial aid is applied in a stackable format to cover the cost of tuition and fees. Once tuition and fees are covered, the remaining funds are refunded to students. Students who receive aid have their tuition and fees covered first with the MAP grant, institutional funds and scholarships, then the federal PELL grant.
What this means for students who have a -1500 Student Aid Index (SAI) as determined by the FAFSA, is that they often will receive a refund check or direct deposit of funds that can be used to cover every day living expenses such as housing, food, gas and childcare.
Laker+ is not available to International Students.
Students can begin the Laker+ process by completing the FAFSA online at fafsa.gov.Lake Land College School Code: 007644
Visit the Financial Aid page to learn more!
Students are responsible for applying for scholarships on their own. Visit the Scholarship Opportunities page to learn more about college and Foundation Scholarships.
A PELL grant is a federal grant program available to college students who qualify as determined by the FAFSA. PELL grants do not have to be repaid and are dependent on a student’s SAI ,regardless of the cost of tuition at the college the student is attending. A student who qualifies for a PELL grant will receive the same dollar amount no matter what college the student attends.
A student who has a -1500 as determined by the FAFSA and receives the same number of scholarships, along with the same PELL grant and MAP grant. The student who attends a four-year college will have $0 in his/her pocket after the college makes up the difference in tuition and fees. The student who attends Lake Land College may have a refund of more than $5,000 for college expenses.
An in-district high school senior student who is in the top 15% of the graduating class, or earns a 26 on the ACT or a 1230 on the SAT, is guaranteed a Presidential Scholarship covering two years of tuition. This scholarship would be applied first to cover tuition expenses, while financial aid or other scholarships would cover fees with the student receiving the remaining financial aid or scholarships in the form of a refund to cover living expenses.
The Lake Land College district consists of the following school districts:
*Students living out of Lake Land College’s district will be assessed tuition and fees at a different rate and may see a reduction in Laker Plus eligibility.