Financial Assistance Available to Students
For any financial aid related questions please
Financial aid is designed to help bridge the gap between the student's
resources and the costs associated with attending college. There
is usually some type of financial aid available to help students
no matter what their financial status may be.
are three types of aid available; grants, loans, and employment. A financial
aid counselor will determine the best possible combination of these resources
for the student. The financial aid counselor uses a formula to calculate
financial need. Factors such as family size, savings, and income are taken
into consideration. College costs minus expected family contribution equals
are special programs available to veterans and senior citizens. There
is a loan to meet emergency expenses available to students not based on
financial need. There are other sources of financial aid available through
the generosity of private citizens and local business organizations.
you apply for financial aid, you want to make certain that you complete
the free Application for Federal Student Aid and the CLC Financial Aid
Application. Most students, except veterans, must have this information
on file to be considered for financial aid monies. Veterans have other
forms to complete. These forms are available in the Financial Aid office.
will report veterans on academic restrictions to the Veterans Administration.
Veterans will be required to complete VA Form 22-8873 (Supplemental Information
For Change Of Program Or Reenrollment After Unsatisfactory Progress Or
Conduct) to have any benefits reinstated.
need to be aware that there have been changes in federal regulations for
refunds and repayments of financial aid funds received by students who
totally withdraw from classes within a semester. Students who withdraw
totally from their classes should contact the Financial Aid Office to
determine how these regulations affect them. Some students in this type
of situation could be required to repay financial aid received.
more detailed information concerning financial aid programs, refer to
the current Financial Aid Brochure or contact the Financial Aid/Veterans
Information Office located in Room B114. Every effort will be made by
the Financial Aid office staff to assist students to identify financial
aid sources so that they may be able to take advantage of financial aid
to help pay college costs.
College of Lake County Foundation Scholarships and Grants
College of Lake County Foundation is a private non-profit organization
incorporated under the laws of the state of Illinois. One of its purposes
is to raise funds for scholarships and grants for students at the College
of Lake County. During 1997-98, six large scale scholarship and grant
programs and approximately 40 single scholarships, each with separate
criteria, are funded by the Foundation. The major programs are:
Achievement Transfer Scholarships provide tuition and comprehensive
fees for selected students with a record of academic achievement who are
planning to earn an A.S., A.A. or A.E.S. degree.
Awards provide tuition and comprehensive fees for one year of study
by selected students demonstrating talent in one of the college's career
or technical areas.
Awards provide tuition, comprehensive fees and books for selected
minority students who demonstrate a commitment to further education.
College Opportunity Awards provide tuition and comprehensive fees
for selected students who have completed English as a Second Language
instruction and now plan to enter a college credit program.
School Completion College Opportunity Awards provide tuition and comprehensive
fees for selected students who have earned their GED or successfully concluded
a high school completion program after being out of school for an extended
Grants support selected students participating in co-curricular activities
within student activities or literary and performing arts.
Foundation scholarships and grants are designed to benefit students who
need financial assistance, even those who do not qualify for other forms
of financial aid. Students interested in full descriptions of Foundation
scholarships and grants are encouraged to request a full brochure, including
applications, from the Financial Aid office, room B 114 on the Grayslake
Campus. Brochures are also available at Lakeshore Campus and the Southlake
CLC Foundation also funds innovative educational and cultural programs
involving faculty and students. The Foundation's long-range plans include
raising funds for equipment, facilities, and an endowment. In addition,
the Foundation serves as an administrative channel for gifts to the college
which have included cash, securities, works of art, library materials
and major gifts. All gifts to the Foundation are tax deductible to the
extent provided by law.
Foundation office is room B108 on the Grayslake Campus. For information
phone (847) 543-2400 or visit the Scholarship