General Information

Financial Aid is available to all prospective and currently enrolled students who qualify and enroll in an approved career training program. Research for scholarships can be completed on-line at www.fastweb.com or www.finaid.org.

2023-2024 Financial Aid Polices & Procedures

Financial Aid Guidelines

Students will be evaluated a minimum of two times yearly for satisfactory academic progress. Students who are receiving scholarships and awards must maintain Satisfactory Academic Progress according to the Financial Aid Policies and Procedures provided at time of enrollment. These policies are independent of individual program standards of progress. Students receiving the Pell Grant must meet these minimum requirements to be eligible for payment.

Free Application for Federal Student Aid (FAFSA)
www.studentaid.gov

If you are attending school from July 1, 2023– June 30, 2024you must complete the 2023-24 FASFA.
**2021 TAX INFORMATION IS REQUIRED**
Lively Technical College School Code 013997
LIVELY TECHNICAL COLLEGE DOES NOT PROCESS LOANS

Once your FAFSA has been successfully submitted, it will take 3-5 days to process and for the Financial Aid office to be able to see your FAFSA Student Aid Report (SAR). Log on to your FAFSA account and check your SAR for errors and/or required verifications. Please have all verification documents with you. Email LTCFinAid@leonschools.net if you have questions. Please be sure to provide your contact information within the email.

APPLY OR RENEW FOR YOUR 2023-2024 FINANCIAL AID TODAY!

Fill Out and Submit Your FAFSA

STEPS TO COMPLETE YOUR FAFSA

1. Gather financial documents such as a Social Security number, Federal income tax returns, W-2s, Bank statements and records of any investments, records of any untaxed income
2. Go to https://studentaid.gov/fsa-id/create-account/account-info to create an account if you do not have a Federal Student Aid ID (FSA ID). If you already have an ID, log on to studentaid.gov (https://studentaid.gov/)
3. Click on the white “Log In” button. Enter your FSA ID
4. Choose which FAFSA form you would like to complete. 2023-2024 FAFSA form if you will be attending college between July 1, 2023, and June 30, 2024.
5. Create a save key. This is a temporary password that will let you (a) return to the application later if you don’t complete it right away, and (b) share your application with your parent.
6. Enter Lively Technical College Code – 013997
7. Follow the instructions carefully.  If you are not able to use the IRS DATA Retrieval Tool (DRT) you will have to provide a signed copy of your 2021 Tax Transcript.
8. Sign and submit
9. Go to https://www.livelytech.com/students/registration/for steps to enroll and enrollment dates

You should receive an email within the hour stating that your FAFSA was successfully submitted.  After you receive a second email from FAFSA stating that you have a SAR, log back into FAFSA and check your SAR for corrections and verification. This usually take 3–5 days to receive.

If you have a verification, go to https://www.irs.gov/individuals/get-transcriptto get your official Tax Return Transcript or Verification of Non-filing letter and W-2.

FAFSA Help and Tips

Help is available for every question in the “Help Center” found on the top, right side of the web page.

• If you are under 24 and your parent’s information is required, it is easy for your parent to start your FAFSA and you sign and submit it after your parent has signed and submitted it. (Both student and parents signature is required.)
• If you filled out a 2022-2023 FAFSA, much of your information will be carried forward from last year. Review that information and update it as needed.
• Your income and tax information won’t be carried over, but you can easily transfer the information from the IRS in the “Financial Information” section. Just select that you’ve “Already completed” taxes, then click “Link To IRS.”
• Once you are done entering all your information, be sure to sign and submit the form. You aren’t done until you reach the “Confirmation Page,” which you should read carefully and save for your records.
• FAFSA HELP Center 1-800-557-7394  https://studentaid.gov/help-center/answers/landing

Professional Judgment

When there are unusual situations or special circumstances that impact your federal student aid eligibility, federal regulations give a financial aid administrator discretion or professional judgment on a case-by-case basis and with adequate documentation to make adjustments to the data elements on the Free Application for Federal Student Aid (FAFSA®) form that impact your Expected Family Contribution (EFC) to gain a more accurate assessment of your family’s ability to contribute to your cost of education.

Special Circumstances refer to the financial situations (loss of a job, etc.) that justify an aid administrator adjusting data elements in the COA or in the EFC calculation.

Unusual Circumstances refer to the conditions that justify an aid administrator making an adjustment to a student’s dependency status based on a unique situation (e.g., human trafficking, refugee or asylum status, parental abandonment, incarceration), more commonly referred to as a dependency override.

Please contact a Financial Aid Advisor to discuss your unique situation to determine if you may be eligible for a professional judgement.

All professional judgments must include documentation and will be determined on a case-by-case basis.

It is the student’s responsibility to provide as much documentation as possible to qualify for a professional judgment.  All requests are required to be reviewed and approved by Financial Aid Officer, Financial Aid Coordinator and Administration.

Professional judgment requests are processed in the order they are received. Students will be notified via email or phone once a decision is made. There is no guarantee that this process will be completed prior to the end of registration period and applications must be approved to receive a deferment based on the finding.

Completing the FAFSA

Overview of the Financial Aid Process