Paying for College
On the Laker Hub you can:
- Check your financial aid status
- View any missing documents
- View your award letter
- View your SAP status
- Apply for Federal Work Study
- Request a student loan
- View account and make payments
- Pay the bill in full by the due date. Bills are posted in the Laker Hub and can be paid via mail, online, or in person at the Accounting Office.
- Sign up for the Nelnet tuition payment plan
- Sign up for direct deposit
Financial Aid & Veteran Services
Scholarships
- Presidential
- Athletic
- Livestock Judging
- Foundation
For more information, send an email to scholarship@lakelandcollege.edu or visit lakelandcollege.edu/scholarships.
Accounting Office
217-234-5214
Paying for College Checklist
- Complete the Free Application for Federal Student Aid (FAFSA).
- Check “Financial Aid Status and Documents” in the Laker Hub.
- Check your Laker Mail regularly.
- Complete the Lake Land College Foundation scholarship application.
- Monitor your account balance and make payments in the Laker Hub.
Disbursement & Refund Schedule
Prior to the start of the semester:
- MAP grants apply to bills.
- Scholarships apply to bills.
Approximately 2 weeks (10 days) after classes start:
- Pell grants apply to bills.
Approximately 4 weeks after classes start:
- Pell grant refunds issued.
- Scholarship refunds issued.
Approximately 5 weeks (30 days) after classes start:
- Student loans apply to bills.
Approximately 6 weeks after classes start:
- Student loan refunds issued.
Financial Aid Enrollment Status
| Less than 1/2 time | 2-5.5 credit hours |
| 1/2 time | 6-8.5 credit hours |
| 3/4 time | 9-11.5 credit hours |
| Full time | 12+ credit hours |
*Awards are pro-rated based on enrollment status at the time of disbursement.
**MAP grant full-time status is 15 credit hours and pro-rated based on a per-hour basis.
Maintaining Financial Aid Eligibility
What is SAP?
Satisfactory Academic Progress (SAP) standards are federal regulations that require us to monitor your progress toward the completion of your degree or certificate. Three elements are evaluated at the end of each semester and are used to determine your future financial aid eligibility. This includes:
- Grade Point Average (GPA): This is a cumulative average of all coursework at Lake Land College. You must maintain a cumulative GPA of 2.0 or above.
- Completion Rate (Pace): You must successfully complete at least 67% of all attempted courses while at Lake Land College.
- Maximum Time Frame: You may not receive financial aid beyond 150% of the semester hours required for your current program of study.
You should monitor your SAP status in your Laker Hub each semester.