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Financial Aid

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Title IV Federal School Code: 003196

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  Award Information - Disbursement Information
 

  Award Information
· The Standard Expense Budget
· Types of Aid Available
· Federal Work Study
· Additional Sources of Assistance
· The Award Letter
· Satisfactory Academic Progress
· Withdrawal Information
· Transfer Student Information
· Disbursement Information
· Revision Procedures
· Summer Term Students
· Sponsored Accounts
· Rights and Responsibilities

  

After you have received an award letter from Financial Aid AND have completed all additional processes, the following disbursement schedule is an estimated time frame in which you can expect payment of your financial aid awards.

Lane disburses financial aid beginning the second Thursday of each term and, in most cases, disbursement occurs every Thursday thereafter, as awards become ready for payment. Summer term is an exception**

Enrollment must be correct by 5:00 p.m. on the Tuesday prior to the disbursement date. See Admissions and Enrollment for further information.

 

2011 - 2012 DISBURSEMENT SCHEDULE

Programs Summer 2011** Fall 2011 Winter 2012 Spring 2012

· Federal Pell
Grant
· Federal SEOG
· Oregon Opportunity Grant
· Federal Perkins Loan
· Federal Direct Stafford Loans
· Scholarships


July 5

**If your first class starts during the:

· 2nd 4 wks – July 28
· 2nd 6 wks – Aug 11
· 3rd 4 wks – Aug 25


October 6
January 19


April 12

Federal Direct Stafford Loans

(*First Time Borrower)


July 21


October 27
February 9
May 3

Federal Direct Stafford Loans (one term only)

(Loans one term only-must be paid in two disbursements)

2nd disbursement
August 4

2nd disbursement
November 3

2nd disbursement
February 16

2nd disbursement
May 10

*If you are a first time borrower, Federal Regulations require that the first disbursement of Federal Direct Stafford Loans not be released until 30 days after the term begins.

**See Summer Term Students for further information.

 
     
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Lane Community College - Financial Aid - Building 1
4000 E. 30th Ave, Eugene, OR 97405
(541) 463-3100 Fax: (541) 463-3983
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