Need Based Grants

At LCC 70% of our students receive some form of financial support, scholarships, stipends or grants. The President of LCC together with the Senior Development Officer make personal visits and send letters of appeal to current and potential donors in order to ask them for donations. Currently, we have many donors who give in a range of $20-400 a month and we also have a few who give above $50,000 a year. Most of our donations come from our former and current board members as well as former and current faculty and staff. Alumni giving is becoming stronger each year. In addition, many donations come from people who learn about LCC from the university’s stakeholders and become passionate about its mission.

Scholarships and Grants are gift aid and do not require repayment. The award is allocated to your account over two semesters, fall and spring. It cannot be applied to Summer Session courses. If you are placed on probation (final grade is 6 /10 or lower) after the fall semester, your grant allocated for the spring semester is withdrawn.

LCC is a non-profit organization that is supported by friends of LCC. Since more than 50% of LCC tuition is already subsidized (mostly through donations), LCC reserves the right to offer additional financial support primarily to students from Eastern European and CIS countries as mandated by the LCC Board of Directors. Applicants will be awarded financial aid depending on availability of funds and other criteria as set by the LCC administration.

How to Apply for the Need Based Grant

  1. Fill out the application. Don’t forget to sign the application: both you and your parents or spouse need to sign it.
  2. Submit the required documents:
    • Income declaration form (for Lithuanians only)
    • Yearly salary letter (according to the situation: both parents and/or yours and spouse)
    • Other documents if needed (for more information please refer to the Financial Aid Application)
  3. After filling out the application and collecting all the needed documents, send the package to the LCC Admissions Office by the required deadline.

You will need to fill out the Financial Aid Application every year.

If you are returning student you must complete the application by November 15, 2016. Late applications cannot be accepted.

Policies

Each year students must reapply for financial aid by submitting a Financial Aid application. Aid may increase or decrease in individual cases depending on changes in a family’s financial circumstances. The most common reasons for award revisions are family financial problems such as loss of income or emergency expenses, and a shortfall in student summer savings.

The need based grant ranges from 10% of tuition up to 90% of tuition. The maximum amount of financial aid a student can receive has predefined limits based on university year:

  • Freshman – maximum financial aid a student can receive is 90% of tuition.
  • Sophomore – maximum financial aid a student can receive is 80% of tuition.
  • Junior – maximum financial aid a student can receive is 70% of tuition.
  • Senior – maximum financial aid a student can receive is 60% of tuition

SFS selects financial grant recipients according to the following criteria:

  • Your financial need
  • Your academic results