December 2014
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12/17/2014
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12/18/2014
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Home - Financial Aid - Federal Financial Aid - Disbursement Information

Disbursement Information

  

Pell Grant:

Students who have established Pell Grant eligibility (submitted valid Student Aid Report and all required documentation prior to registration), have registered, and are attending class will be mailed the balance of their Pell Award on the fourteenth day after the first day of class  each semester. Tuition, fees and books, may be deducted from your Pell Grant award prior to and during registration and late registration. Dates that a student may begin charging to their financial aid will be posted in their myLBWCC account.  Students who do not attend class are not eligible to receive any federal funding. To review the payment schedules please click on the following: Pell Grant Payroll Schedule 2014-2015.

 Early Withdrawal:

If s student  completely withdraws from the college before the 60% point of the semester, he or she  may owe a repayment to the Pell Grant program or to LBWCC for monies returned on the student's  behalf. Students who owe repayments of Title IV funds to the Department of Education will not be allowed to use any Title IV financial assistance at this institution or any other institution until the payment is made.  Student's, who owe funds to LBWCC due to a Title IV Return Calculation, transcript will be placed on hold until the balance is paid in full. LBWCC will bill the students for any funds the school is required to return on the student’s behalf, or that the student may owe the college. 

Eligible students may receive Title IV Federal financial assistance for a period of time not to exceed 150 percent of the normal length of a specific program (the “normal length” of specific program will vary dependent upon whether the students is half-time, three-quarter time, or full-time). Also, reducing enrollment status or withdrawing from the college may affect the required standards of progress and cause the student  to lose eligibility to receive financial assistance. Standards of Progress for financial assistance eligibility are published in the college catalog and may be reviewed online here

Federal Supplemental Educational Opportunity Grant (SEOG):

SEOG balances will be mailed to the students after attendance is verified for each class the student is registered.   Mailing dates vary each semester and will be provided to student upon notification of award.

Federal Work-Study:

Time sheets are due in the Financial Aid office on the last day of each month unless otherwise notified. Timesheets turned in after this date will result in payment the following month. Checks are mailed to the students on the dates listed on the Work-Study Payment Schedule 2014-2015.

Alabama Student Assistance Program Grant (ASAP):

Alabama Student Assistance Program (ASAP): ASAP checks will be processed and mailed to eligible students upon receipt of funds from the Alabama Commission on Higher Education in Montgomery, AL and completing of an Attendance Verification Form.   Mailing dates vary each semester and will be provided to student upon notification of award.


Scholarships:

Recipients may apply charges to their scholarship account based on the guidelines of the scholarship received. Scholarship recipients will sign a scholarship acceptance form regarding the terms of the institutional scholarship received.  If the student has been awarded a scholarship from another entity, the student is responsible for contacting the business office if the scholarship may be disbursed directly to the student and request payment of the scholarship.

Lurleen B. Wallace Community College is accredited by the Southern Association of Colleges and Schools Commission on Colleges or SACSCOC to award the Associate in Arts, Associate in Science, Associate in Applied Science degrees and certificates. Contact the Commission on Colleges at 1866 Southern Lane, Decatur, Georgia 30033-4097 or call 404-679-4500 for questions about the accreditation of Lurleen B. Wallace Community College.