Financial Aid

Transferring to LSC

If you will be transferring to Lake Superior College from another college for spring or summer term, you will need to follow these steps to assure that your financial aid information is received by LSC:

1. Make sure that LSC is listed on your FAFSA information.  You may add LSC either electronically or by phone.
   
   You may add LSC electronically at www.fafsa.ed.gov.  Make sure that you have your Department of Education PIN number.
   
   You may call 1-800-433-3243 and request that the new college be added to your FAFSA information.  You will, however, need your DRN number found on your student aid reports to make the request.
   
   You will be asked for our college code.  Lake Superior College's college code is 005757.
    

2. If you borrowed a Stafford student loan at your previous college for the entire academic year but will be attending LSC for spring term, you will want to cancel the spring term disbursement at your previous college.  You may do so by contacting the appropriate guarantee agency:
   
   Educational Assistance Corporation (EAC) 1-800- 592-1802
   Great Lakes Guarantee Agency 1-800-366-0032
   Direct Loan: Contact the college that you attended
   
   If you are unsure of what Guarantee Agency you used, go to the National Student Loan Data System.  

3. Once you have completed these steps, your financial aid information will be transferred to Lake Superior College.  You will be sent a letter at that time if any additional information is required.  Once your financial aid file is complete, you will be mailed an award letter that will explain the types of financial aid that you are eligible to receive.  The award letter will include instructions on applying for a Stafford student loan.

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