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Financial Aid and Title IV Compliance

LMC Revised Date

Office of Origin: Financial Aid
Date Adopted:
Date Reviewed: 9-18-2018
Last Date Modified & Approved: 12-04-18

The Financial Aid Department at Lake Michigan College is committed to both a consistent and equitable approach to the awarding of federal, state, institutional and private need-based financial aid sources. All need-based financial aid is awarded based on the Department of Education's Federal Methodology.

The Financial Aid Department will administer all student financial assistance awarded and ensure equality and consistency in the delivery of funds to students while complying with Federal, State and Institutional regulations and guidelines. 

The Financial Aid Department maintains policies and procedures in accordance with the Federal Student Aid office of the US Department of Education that include a policy related to return of Title IV funds, a refund policy to assure that students receive a refund where appropriate if they withdraw/drop from an academic term or from the college, and specific information regarding Satisfactory Academic Progress.  

Responsibility: Vice President of Student Engagement & Success

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