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 last day of drop/add each semester. Tuition, fees and books, may be deducted from your Pell Grant award prior to and during registration and late registration. Students who do not attend class are not eligible to receive any federal funding. To review the payment schedules please click on the following: FINANCIAL AID PAYMENT SCHEDULE 2011-2012 or Pell Grant Payment Schedule 2012-2013
Early Withdrawal:
If you completely withdraw from the college before the 60% point of the semester, you may owe a repayment to the Pell Grant program or to LBWCC for monies returned on your behalf. Students who owe repayments will not be allowed to use any Title IV financial assistance at this institution or any other institution until the payment is made. They will be placed on hold for transcripts. 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 1.5 times 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 your enrollment status or withdrawing from the college may affect the required standards of progress and cause you to lose eligibility to receive financial assistance. Standards of Progress for financial assistance eligibility are published in the college catalog. Students are allowed to change their program of study, however they may not received financial aid for more than 180 hours attempted at LBWCC. (See the Satisfactory Academic Progress Policy for more information)
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. 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.
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 2012-2013
Scholarships:
Recipients may apply charges to their scholarship account based on the guidelines of the scholarship received. Scholarship recipients are responsible for knowing the requirements of their Scholarship.