The Financial Aid office can provide services remotely and is available through virtual meeting for your comfort and convenience.
Financial aid can include: Grants, loans, and student employment. In addition, you can apply for scholarships.
The US Department of Education has announced that the delivery of 2024-2025 FAFSA submissions to schools will be delayed until a currently undetermined date in the first half of March. The Lake Superior College Financial Aid Office will begin processing financial aid applications as soon as we can, however, financial aid offers for 2024-25 academic year will be delayed in light of this announcement. Please allow the Financial Aid Office sufficient time to process your financial aid application, 4-6 weeks. You can check on the status of your financial aid application in your e-services.
To apply for financial aid, fill out the Free Application for Federal Student Aid (FAFSA)
The Department of Education encourages all students to file their Free Application for Federal Student Aid (FAFSA) electronically. You must fill out a new application for financial aid each academic year. Please review these Steps to Fill out the FAFSA for successful filing.
Fall 2023, Spring 2024, and Summer 2024 fall under the 2023-2024 FAFSA application.
Fall 2024, Spring 2025, and Summer 2025 fall under the 2024-2025 FAFSA application. This application is available online now and features some updates to align with the FAFSA Simplification Act, which was enacted as part of the Consolidated Appropriations Act of 2021. This is the first major redesign of the FAFSA process in over 40 years.
Step 1: Create an FSA ID
- Go to the FSA ID website.
- Click “Get Started”.
- Enter your Name, Date of Birth, and Social Security Number. Click Continue.
- Create a unique username and password and enter your email address, mailing address, and phone number. Then choose and answer four challenge questions, which can be used for account recovery in the future if necessary.
- Review your information and read and certify that you understand the information.
- Confirm your email address and phone number using the secure codes that you receive via email and text.
- (If you are a dependent student) Repeat steps 1 through 6 with a parent to create an FSA ID for them if they do not already have one. See the FAFSA Checklist if you are unsure if you are a dependent student.
- Return to the FAFSA form and log in with your FSA ID to fill out the FAFSA online. It is recommended that you wait until 3 days after you have created an FSA ID before you submit the FAFSA. This will allow time for the Social Security Administration to complete verification on your FSA account.
Step 2: Collect all required information and documents
To complete your FAFSA, you and your parents, if required, must consent to allow the Department of Education to utilize your Federal Tax Information on file with the IRS. If you do not consent, you will not be permitted to apply for financial aid. If your Federal Tax Information is not found with the IRS, you may be asked to answer questions on the FAFSA about your federal income tax return forms and other aspects of your finances. Be prepared with your tax return from two years prior (for example: the 2024-2025 FAFSA uses information from your 2022 federal income tax return) so that you can answer these questions correctly. You may also be asked to provide the amount of cash on hand, in your savings and checking accounts, child support payments received, untaxed income received, investments, and the net worth of investments, businesses, and farms. Do not count your primary residence as an investment!
Step 3: File your FAFSA on the web
LSC Federal School College Code: 005757
Paper FAFSAs are available by request from the Department of Education at 1-800-433-3243 or from the Office of Federal Student Aid website. You may access your Student Aid Report (SAR) as soon as 24-48 hours after you electronically filed. Go to FAFSA to print your student aid report. LSC will receive a copy of the report electronically after 3-5 business days.