Step 1: File Your FAFSA
File the FAFSA
Filing the Free Application for Federal Student Aid (FAFSA) is the first step to accessing your state and federal educational benefits. The FAFSA can be kind of intimidating to file, but if you are prepared you should be able to do it in under an hour.
There are three conditions you must meet in order to access financial aid:
- Be a US citizen or eligible non-citizen
- Have a high school diploma, GED, or a transcript from your homeschooling
- Be enrolled in an eligible program at Lane Community College
If you meet these three criteria, you will qualify for some kind of financial aid by filing the FAFSA.
Dates and Deadlines
The FAFSA (Free Application for Federal Student Aid) is available beginning October 1 for the following academic year. You will want to submit your FAFSA as early as possible because early applicants are given first consideration for some state and federal grants, as well as work-study.
Students may apply for financial aid throughout the academic year, but the following recommended dates and deadlines have been established to make sure your aid is on time. Documents submitted after the terms recommended deadline date will still be processed, but your financial aid will be late and you may have to pay late fees.
2020-2021 Recommended Dates and Deadlines:
|Term you plan to enroll||Early Applicant Deadline||Recommended deadline for filing the FAFSA||Recommended deadline for submitting required documents to LaneCC|
Preparing to Apply
Preparation is the key to filing the FAFSA! You will need to gather some information and set up a couple of passwords before you can file the FAFSA. First you will need to gather the following information and/or documents:
- Your Social Security Number and your parents SSN if you are under 24.
- Your driver’s license or ID card, if you have one
- Your Alien Registration Number if you are not a US citizen
- Your W2’s for the requested tax year (it is always two years before the start of school)
- Your Federal Income Tax Return (1040) from two years ago
- If you are under the age of 24 you’ll need to gather your parent’s 1040s as well
- You will also need Lane’s School Code: 003196
Federal Student Aid (FSA) ID
When applying for aid electronically, you (and your parent if you are a dependent student) must have a FSA ID. The FSA ID serves as an electronic signature for students and their parents. Since signatures are required on the FAFSA application, registering and using the FSA ID helps speed up the application process. The FSA ID also serves as an identifier to allow students access to personal information in US Department of Education systems. To access the Federal Student Aid ID site registration, please visit the Federal Student Aid website.
If you have been admitted and accepted to Lane as a credit student, you will need a Lane Password. An "L" number is assigned to you at the time of admissions and our web-based student information system, known as myLane, will prompt you to choose a permanent Password. Contact Enrollment Services for further information regarding a Lane Password.
Dependent to Independent Students
Often, students who are under the age of 24 believe that they should be considered an independent student for the purposes of financial aid. According to the Department of Education, there are only a limited number of ways that a student can be declared an independent and all of them require additional documentation:
- Married before you filed the FAFSA
- You have your own children or another dependent that you provide more than 50% of their support
- At any time since you turned age 13, were both your parents deceased, were you in foster care or were you a dependent or ward of the court
- Under legal guardianship as determined by a court in your state of legal residence
- An emancipated minor before the age of 18
- Military veteran or currently serving on active duty
- A homeless youth
Please contact the financial aid office for assistance if accessing your parents’ information is a direct and serious threat to your safety or if you have other extenuating circumstances and are unable to get your parents’ information.
If your parent(s) refuse to fill out the FAFSA form, explain that your ability to receive aid is being harmed by their refusal to fill out this form. Assure them that providing parental information does not make them responsible for any loans you may borrow. If your parent(s) still refuses to provide FAFSA information, you may be eligible to receive a Federal Direct Unsubsidized Loan if certain criteria are met. To be considered, your parent must complete the Refusal to Provide Information and Support form. Be aware that you will still be considered a dependent student and therefore, not eligible for grants, work-study and/or subsidized loans.
Filing the FAFSA
You may apply for federal and state financial aid by completing a Free Application for Federal Student Aid (FAFSA). The FAFSA is available beginning October 1 each year for the upcoming academic year. Typically, two application years are available and being processed at any given time, so please use care in completing the FAFSA for the correct academic year. The FAFSA asks for prior-prior year tax and wage information. You and your parent(s) may use the IRS Data Retrieval Tool to transfer the tax information from the IRS to the FAFSA. See information regarding How to use the IRS Data Retrieval Tool or Request a Tax Transcript or Get a Verification of Non-filing Letter from the IRS.
You can apply online. FAFSA on the Web is the quickest and easiest way to apply for aid. It immediately identifies potential errors and prompts you to make corrections. Lane has many computers around campus that have internet access if you are interested in applying electronically.
Complete a Paper FAFSA
The FAFSA is available for you to print and fill out manually or is screen-fillable. It must be mailed for processing to the address printed on the FAFSA application. If you do not have internet access, you can obtain a paper FAFSA application or file your FAFSA over the phone by calling the Federal Student Aid Information Center at 800-4-FED-AID 800-433-3243).
What will financial aid cover?
Financial Aid determines your budget based on the information you provided on the FAFSA. Your financial aid budget is based on the cost of attendance at Lane and any associated living expenses like rent and food. After your tuition and fees are paid, you may have financial aid money left over. This money can be used to pay your bills and cover your living expenses.
Here is an example of a three term student budget for the 2020-2021 academic year.
|2020-2021||Away from Home||Living at Home|
|Tuition and Fees||$5,128||$5,128|
|Books and Supplies||$1,461||$1,461|
|Room & Board||$10,251||$3,519|
Do I Qualify for the Oregon Promise?
Is the Oregon Promise for You?
State Grant Helps Cover Community College Cost
The Oregon Promise program offers new high school graduates and GED recipients an opportunity to have some or all of their community college tuition covered. Grants are for students who enroll in an Oregon community college within six months of graduation.
To Be Eligible, you must meet all of the following criteria:
- ☑ Be a recent Oregon high school graduate or GED recipient
- ☑ Have a 2.5 cumulative high school GPA or higher; or a GED score of 145 or higher
- ☑ Enroll at least half-time at an Oregon community college within 6 months of high school graduation or GED completion
- ☑ Be an Oregon resident for at least 12 months prior to enrolling in community college
- There is a $50 per term copay
- Eligible full-time, full-year students will receive at least $1,000 annually
- Awards will be pro-rated for students attending less than full-time (12 credit hours per term)
Steps to take:
- Complete the Oregon Promise application (online or written)
- Submit your high school transcript or GED scores
- Complete the FAFSA or its approved alternative
Oregon Promise grants are only available to future students entering community college within six months of graduating or completing their GED. Students who do not qualify for this grant are encouraged to talk to their school's financial aid office to explore the many other ways to afford their college goals.
The Oregon Promise program could help you with tuition or costs. Learn More!
Already a Lane Oregon Promise student?