Financial Aid Timeline
Financial aid is determined on a yearly basis; therefore, families must apply for financial aid each year. The timeline below begins with October of a student’s senior year of high school and continues through the first year of enrollment at LVC. The calendar continues through the cycle for returning students.
October of Senior Year of High School
- Apply to Lebanon Valley College. You will have your decision within two-to-three weeks.
- Complete the FAFSA. Be sure to use the IRS Data Retrieval Tool to automatically import your tax information. List LVC as one of the institutions to receive your FAFSA. Our school code is 003288.
- Students whose FAFSA form was selected by the federal government to undergo a process called Verification are required to submit additional documents. You will be required to complete and return a Verification Worksheet, copies of W-2 forms, and if the family has not elected to use the IRS Data Retrieval Tool when filing the FAFSA, to provide the Financial Aid Office with an IRS-issued tax return transcript.
- Begin searching for outside scholarships – visit your high school guidance office, search the Internet, and visit a library for information
December
- You will receive a financial award package once you are accepted to LVC and have completed your FAFSA.
- The Financial Aid Office will begin mailing award packages for new students the first week in December and continue on a rolling basis thereafter.
January
- Students whose FAFSA forms are selected by the federal government to undergo an additional process called Verification will be asked to complete and return a Verification Worksheet, copies of W-2 forms, and if the family has not elected to use the IRS Data Retrieval Tool when filing the FAFSA, to provide the Financial Aid Office with an IRS-issued tax return transcript.
March
- The FAFSA deadline for returning students is March 1; award packages will be mailed in early July.
- Attend LVC Live! A program designed for accepted students.
April
- If you need to borrow to assist with the cost, determine which financing option is best for your family.
May
- Send your non-refundable enrollment deposit and Enrollment Form to the Admission Office by May 1 (U.S. based applicants); July 1 for international applicants.
- Submit one signed copy of the financial award letter and Borrowing Intention Form to the Financial Aid Office by May 1.
- Attend New Student Advising Day program – invitations will be sent from the Admission Office.
- Apply for Direct Loans, if you plan to borrow.
- Apply for Parent PLUS Loan if your family chooses to participate in this means of financing.
- Apply for Student Alternative Loan if your family chooses to participate in this means of financing.
June
- Notify the Financial Aid Office if you have received any outside scholarships.
July
- Fall bills are mailed at the beginning of July and are due at the beginning of August.
- The Financial Aid Office will send award packages to returning full-time students in early July.
August—First Semester at LVC
- Welcome to LVC!
- Jobs are posted on Handshake as the Financial Aid Office receives notification from employers.
- Students who qualify for a Perkins Loan must sign the required loan documents. If you were awarded a Perkins Loan, the Financial Aid Office will notify you by email of the time and location to sign Perkins MPN.
October
- The FAFSA is available to file for the next academic year.
January
- Spring semester bills are due.
February
- Search for outside scholarships on the Internet (see LVC’s outside scholarship list and resource page).
March
- March 1 is the priority deadline for returning students to complete and submit the FAFSA.
- Students whose FAFSA form was selected by the federal government to undergo a process called Validation are required to submit additional documents. You will be required to complete and return a Verification Worksheet, copies of W-2 forms, and if the family has not elected to use the IRS Data Retrieval Tool when filing the FAFSA, to provide the Financial Aid Office with an IRS-issued tax return transcript.
July
- Award packages are mailed on a rolling basis after completion of the application.
- Fall bills are mailed at the beginning of July and are due at the beginning of August.
- Return the Borrowing Intentions Form
- Complete loan application(s) (if you are borrowing)