Lincoln College

Financial Aid

Financial Aid Process

Financial Aid Eligibility

If you plan to apply for federal student aid, the first step is to complete the FAFSA (Free Application for Federal Student Aid) online. Once your FAFSA is submitted with our school code, the Financial Aid Office will receive your information electronically from the Department of Education in about 2-3 days. The FAFSA uses factors such as your family’s income, the number of people in your household and family assets to determine your eligibility for aid. Our office will notify you if additional forms are required. Only after all required forms have been submitted can we determine your eligibility.

Some students may be selected by the Department of Education for a process called Verification – when the financial aid office is required to certify information students fill in on the FAFSA. It is typical for the financial aid office to request additional documentation. If required, the financial aid office will make a correction to a processed FAFSA based on the documents collected. The sooner you submit all requested documentation, the sooner you will know what types of financial aid you are eligible to receive.