Paying for college can seem overwhelming when you are planning your future. However, there are many options to help you pay for your education.

Preparation

Regardless of whether you have scholarships, grants, loans, or savings to help you pay for college, it is a good idea to complete the FAFSA even if you don’t think you need it or if you think you won’t be awarded anything. You never know what institutional options may open for you based on your FAFSA application.

1. Apply for Financial Aid by Completing the FAFSA

FAFSA, or the Free Application for Federal Student Aid, is the only way to apply for federal student aid. The information you fill out on your FAFSA will determine your financial need and determine how much federal aid you are eligible to receive.

Each January, the FAFSA is available for the upcoming school year. It’s always a good practice to fill it out as early as possible because some aid is first come, first served. You will need our school code to apply for Financial Aid.

Lake-Sumter State College FAFSA School Code: 001502

Types of Federal Student Aid

Grants
Grants are free money awards that do not have to be repaid. For example, you do not have to repay money awarded through the Pell Grant.

Loans
Student loans allow you to borrow money to pay for your tuition that you later need to repay with interest.

Work Study
A work study job gives you the opportunity to earn money to help pay your educational expenses.

Types of Institutional and State Aid

State Scholarships and Grants
The Florida Department of Education offers a variety of state-funded grants and scholarships to assist Florida residents with the cost of college.

Institutional Scholarships
Current Students are eligible for numerous amounts of scholarships each semester offered by LSSC and the Lake-Sumter State College Foundation.

2. Review & Accept Your Financial Aid Award Letter

You will receive your Financial Aid Award letter from LSSC in your LOIS Account. In the Financial Aid section, you can also see the status of any missing documents and review your Satisfactory Academic Progress.

3. Review additional details on your financial aid

Your LOIS Account will also include details regarding bookstore authorizations and tuition deferments.