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Financial Aid
What is Financial Aid?

Financial aid is any source of funds to help students meet their educational expenses. Sources of funds are broken down into four categories:

  • Grants: Awards based on financial need with no repayment requirements, unless the student does not attend or stops attending before the 60% mark of the semester.

  • Scholarships: Awards based on merit or some other special qualifications with no repayment requirements. Visit www.lakemichigancollege.edu/scholarships to apply online.

  • Work Study: Award you earn by working on‐campus. You will not automatically receive a work study award. If interested, you should contact the Financial Aid Office at (269) 927‐8112.

  • Loans: Loans are financial aid funds that you must pay back with interest.
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