LOUISIANA COLLEGE FINANCIAL AID OFFICE
L. C. BOX 582, PINEVILLE, LA, 71359
PHONE: 1-318-487-7386 FAX: 1-318-487-7449 E-MAIL: email@example.com
2020-2021 Undergraduate DATA FORM
Name & Last four of SSN:________________
For financial aid recipients only:
The first step in applying for financial aid is completing the 2020-2021 Free Application for Federal Student Aid (FAFSA).
The Free Application for Federal Student Aid (FAFSA) is available on the web at www.fafsa.ed.gov. The result of your FAFSA is called
the Student Aid Report (SAR) and it summarizes the data you reported on your application. You will receive your SAR via e-mail
confirmation. Please be sure to read and review this information carefully for accuracy. Should you need to make corrections you
may do so electronically by submitting a FAFSA correction online at www.fafsa.ed.gov. Louisiana College Federal School Code must
be entered on your FAFSA in order for our office to receive it.
School Code: 002007
College Name: Louisiana College
Address: 1140 College Drive Box 582, Pineville, LA 71359
Because it can take several weeks to process a financial aid application, we encourage you to complete and submit your
FAFSA as soon as possible.
Federal assistance to pay for college is available from several different programs. These include the need-based grant (Pell, if
eligible), subsidized (if eligible) and unsubsidized loans. At this time the online Bachelor of Criminal Justice & Bachelor of Business of
Administration do not offer scholarships or work study aid.
FEDERAL PELL GRANT
A Federal Pell Grant, unlike a loan, does not have to be repaid. It’s designed to provide financial assistance to undergraduate
students with exceptional need who are pursuing their first undergraduate degree. The Expected Family Contribution (EFC) resulting
from the FAFSA determines the amount of the award. Not all students qualify for the Federal Pell Grant. Students may receive the
Federal Pell Grant for no more than 12 terms (roughly six years).
Federal Direct Loan Program (DL) - The Federal Direct Loan Program (DL) is the largest federal student loan program, through which
eligible students and parents borrow directly from the U.S. Department of Education to help cover the cost of higher education.
Students are only allowed to borrow the annual limit up to the Cost of Attendance based on their current grade level. There are
lifetime loan limits also set by the Department of Education. This may limit your borrowing eligibility. Students may be eligible to
receive the following Direct Loan programs:
A Direct Subsidized Loan is given to eligible undergraduate students who demonstrate financial need. The interest is paid by the U.S.
Department of Education while you are enrolled in school at least half time or during deferment periods.
If you did not have an outstanding balance of principal or interest on a Direct Loan or FFEL Program Loan on July 1, 2013 or after,
you are considered a first-time borrower and your eligibility for Direct Subsidized Loans is limited to a period not to exceed 150
percent of the length of your educational program. Under certain conditions, if you exceed the 150 percent limit, you may lose the
interest subsidy on your existing Direct Subsidized loans
A Direct Unsubsidized Loan is made to eligible undergraduate, graduate, and professional students and is not based on financial
need. Therefore, they are available to most students. You are responsible for the interest from the day you borrow the money until
you pay off the loan.
Students who receive a Direct Subsidized and/or Direct Unsubsidized Loans are subject to the terms and conditions, along with the
borrower’s rights and responsibilities disclosed on the Federal Direct Stafford/Unsubsidized Loan Master Promissory Note (MPN).
Freshman $5,500 ($3,500 may be subsidized)
Freshman $9500 ($3500 may be subsidized)
Sophomore $6,500 ($4,500 may be subsidized)
Sophomore $10500 ($4500 maybe subsidized)
Junior & Senior $7,500 ($5,500 may be subsidized)
Junior & Senior $12,500 ($5,500 may be subsidized)
*Please note that this chart shows maximum amounts students may receive. The amount you qualify to borrow may be
less depending on your cost of attendance, financial need and other financial assistance.