Nursing education is a future investment, resulting in higher earning potential and greater career choices. Lakeview College of Nursing actively works to keep costs down while maintaining high standards.

Tuition	$500 Per Credit Hour [part-time or full-time] Regardless of Residence or enrollment status [Cost range for 1-17 hrs. = $500 - $8,500 per semester]
Course Fees1	$75 Per Credit Hour* [Cost Range for 1-17 hrs. = $75 - $1,275 per semester]
Testing Fee2	$190 per course
Lab Equipment Fee for N311, N312 and N321	$75 for each course
Clinical Fee3	$10 per clinical course
Graduation Fee	$200
Proficiency Examination Fee	$100 per test
Portfolio Fee	$100 per Credit Hour
Audit Fee	$50 per Credit Hour
Late Registration Fee	$50
Late Payment Fee	$50
Returned Check Fee	$30
Lost of Misplaced Clinical ID Badge	$25
Lost or Misplaced Key Fob	$25
Parking	Free

¹Course Fees: Orientation, Technology, Simulation, Library, Student Activity Fee, Assessment, Health Record Maintenance, Student Malpractice Insurance, Facilities

²Testing Fee: ATI Nursing Education [Standardized Testing, Comprehensive Predictor, NCLEX-RN Live Review, Skills Modules, Video Case Studies, Drug Guide]

³Clinical Fee: Clinical Placement

Student Insurance: Students need to carry their own health insurance coverage. Students will be financially responsible for any medical care. This includes but is not limited to needle-stick injuries, clinical injuries, emergency room, or any medical care at a clinical site.
Resources - For more information on some possible health care plans, view below:

• Health Insurance Marketplace - The U.S. government portal for the Affordable Care Act, providing information on major medical plans, qualifying for Medicaid/Medical, local resources, FAQs, and how to apply for a healthcare plan outside of open enrollment. https://www.healthcare.gov/
• Student Insurance Plans - http://www.ejsmith.com   and  https://www.insuranceforstudents.com

 

Please refer to Cost of Attendance.

 

 

Other Expenses
Semester I (Courses 311, 312, 313, 314)	$2015
Includes: Books ($963) Scrub Uniforms, White Coat, Shoes, Penlight, Watch with a second hand, Bandage scissors, Stethoscope, Blood Pressure Cuff with Sphygmomanometer ($350) Electronic device ($700) [Laptop - see required specs]
Semester 2 (Courses 321, 322, 323, 324)	$909
Includes: Books
Semester 3 (Courses 431, 432, 433, 434)	$304
Includes: Books
Semester 4 (Courses 441, 442, 443, 444)	$575
Includes: Books ($203) Nursing License Costs: (approximate costs) NCLEX-RN Exam Registration ($200), Illinois Nursing License ($107), Fingerprinting ($65) Travel to Clinical Sites (clinical sites are generally within a 70-mile one-way radius from the College)
Optional Expenses (approximate costs)
Oto-Opthalmascope                                                                                                                                                                                $275 ACLS Certification  (cost set by private vendor; offered during semester 4)                                                                                              $150 PALS Certification (cost set by private vendor; offered during semester 4)                                                                                                $150

Please Note:

Books, equipment, etc. may be purchased at:

• Follett Bookstore at Danville Area Community College - 217-443-8759 
• Other vendors, such as Amazon or Lippincott.

Uniforms: Students will need to purchase uniforms through Star Uniform https://www.star-uniform.com
Patches: Students will need to purchase a minimum of two patches, $5.00/each. One patch for the scrub-top - sewn on the upper left chest and one patch for the lab coat- sewn on the upper left sleeve. See pictures for proper placements. Patches are available at the College.

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Charleston Location Students

Charleston Students under former LCN/EIU agreement
Students enrolled at the Charleston location can take advantage of Eastern Illinois University Student Services. Students must sign-up for the services by the fifth day of the semester. Please complete the form and return it as designated. EIU will create a PAWS account for the student.

Students also have the opportunity to waive or enroll in EIU Student Health Insurance.

Access the EIU PAWS account at http://www.eiu.edu/paws or contact 217-581-6605 to make payment.

EIU Student Fees & Health Insurance

· Student Fees - Charleston students who elect to enroll for EIU services will be charged a flat fee of $450.00 each semester for EIU services (recreation center, computer labs, library, health services, union center, campus improvement, etc.) You must notify EIU of your election to receive services within five (5) calendar days of the start of each semester and make full payment of the account balance at that time.
· Health Insurance Fee – all inquiries related to EIU Student Insurance should be directed to the EIU Student Insurance Officer by calling 217-581-5290. The deadline to waive or enroll in the EIU Health Insurance Fee is as follows:
Fall Term 2023 - September 1, 2023
Spring Term 2024 - January 15, 2024
Summer Term 2024 - May 12, 2024

Per the academic calendar, accounts are due and payable in full on or before the date specified on the semester invoice. Student's Account Statements are mailed once prior to the semester. At any time, students can log into their online student account (SONIS) to view their account statements. Students who do not pay in full, enroll in the tuition payment plan, and/or demonstrate approved financial aid coverage before the date specified will be dropped from all courses. [Note: Military TA and Chapter 31/33 – please see below.] Any funding source received on the student's behalf and processed by Lakeview College of Nursing shall first be applied to any current outstanding balance for tuition, fees, and books.

Paying for College:

• Self-Pay: Cash, check, debit, or credit card. Option to pay on-line is available.
• Financial Aid: Financial aid (completed and verified file) and/or scholarship award at a level to fully cover tuition and fee costs. Federal/Student/Parent loans confirmed. Please refer to the Financial Aid section for more information. Students must use financial aid for the intended semester. Students cannot use current semester loan monies for a previous semester.
• Private Loans: Approved private educational loan. See the Financial Aid section.
• Lakeview Scholarship Awards: Confirmed Lakeview College of Nursing scholarship award.
• Third-Party Payment Agreement: Confirmed employer tuition assistance program, College Illinois, Veteran's Benefits*, Military Tuition Assistance** (TA), WIA, Vocational Rehab, etc.
• Payment Plan: Nelnet Business Solutions (NBS) tuition management payment plan. NBS is a low-cost option for budgeting tuition and fees. It is not a loan program; there are no debt, interest, or finance charges with no credit check. The only cost is a $25.00 per semester non-refundable fee. To enroll in the NBS Payment Plan please complete the form located on their website: http://mycollegepaymentplan.com/lakeview/ The balance due and student ID number is needed to complete the form. Please contact the cashier at 217-709-0922 or studentaccounts@lcn.edu with any questions.
  
  Students must maintain prompt monthly payments to be eligible for continued payments through NBS.

All financial obligations must be cleared before registration for a subsequent term and graduation. Failure to clear financial obligations will result in the ability to progress or to hold a diploma, and Certification of Education form sent to the State by the College to sit for the NCLEX examination.

 

Veteran's Benefits - Chapter 31 and Chapter 33*

Students who have produced a certificate of eligibility by the first day of class for Chapter 31 Vocational Rehabilitation and Employment or Chapter 33 Post 9/11 GI Bill^® benefits will not be dropped from courses, charged a late fee, prevented from enrolling, required to secure alternative or additional funding, or denied access to college resources.
Requirements for this provision, students may be required to:

• Produce the VA's Certificate of Eligibility by the first day of class
• Provide written request to be certified;
• Provide additional information needed to properly certify the enrollment as described in other institutional policies.

NOTE: GI Bill^® is a registered trademark of the U.S. Department of Veterans Affairs (VA). More information about education benefits offered by VA is available at the official U.S. government website at https://www.benefits.va.gov/gibill

Military Tuition Assistance**

The Tuition Assistance (TA) program pays the cost of tuition and some additional fees. Nearly all military service members are eligible for TA. However, each service branch determines eligibility criteria that often reduce access. Tuition Assistance covers up to 100% Tuition and Fees, not to exceed $250.00 per semester credit hour or $4,500.00 per fiscal year.

All Active Duty Service Members (including Guard and Reserve) must contact their Education Service Office (ESO) or Education Counselor from their branch of service before enrolling.
Please visit the branch of service for Tuition Assistance procedures and application.

All refunds will be requested through the Cashier and approved through the Business Office periodically throughout the semester. All refunds will be issued in the form of a check. Students should come prepared to meet their school/living expenses prior to the issuance of refund checks. Emergency loans will not be issued at any time.

All student accounts will be refunded in accordance with established College procedures (for Military Tuition Assistance see TA Refund Policy Schedule):

• 100% Refund - The initiation and completion of the course withdrawal must be made through the Director of Enrollment/Registrar by Noon: 
  • 16 week semester: By the end of the 2nd class week.
  • 10 week format classes or Summer session: By the end of the first week of class.
  • Weekend format classes: By the Monday following the 1st class meeting.

No refund will be given for withdrawals made after the deadlines stated above.

• Federal Aid over the statement of accounts will be refunded once the funds are received from the Federal Government. Refund checks are generally available 30 days after the start of classes each semester.
• Private Education funds are received electronically by the College and posted directly to the student’s LCN statement of account. In case of a credit balance, a refund check will be generated at that time.
• Each semester all credit balances will be refunded. No balances will be carried forward to another semester.

Note: The exception to this policy is when the Department of Education Federal Refund Policy Return of Title IV Funds must be applied to those students whose costs are paid by student financial aid funding.

State and/or Accrediting Agency Refund Rule
The State of Illinois has not established a mandated refunding rule for private colleges.

The Higher Learning Commission, as an accrediting agency, has not established a refund rule.

Federal Refund Rule (Return of Title IV Funds)
The Department of Education mandates that unearned federal financial aid funds are returned to the specific program if a student withdraws from all coursework in a semester (Requirements of 34 CFR 668.22). The refund amount is determined by the days of the semester the student was in attendance versus the remaining days (after withdrawal) until the semester ends. Students are notified by mail of their debt to the Department of Education. This debt must be paid on time for the student to receive future financial aid. Contact the Financial Aid Office for more details regarding this policy.

Military Benefits - Special Circumstances: A soldier ordered into active duty service by the Government must speak with the Business Office.

Military Tuition Assistance (TA) Refund Policy Schedule

• 16- week Course Withdraw submitted Before or during weeks 1-2 100% return

During weeks 3-4  75% return

During weeks 5-8  50% return

During weeks 9-10  40% return
(60% of the course is completed)

During weeks 11-16  0% return

• 10- week Course Withdraw submitted Before or during week 1 100 % return

During week 2-3  75% return

During weeks 4-5  50% return

During week 6  40% return
(60% of the course is completed)

During weeks 7-10  0% return

Financial assistance at Lakeview College of Nursing is available through scholarships, grants, and loans. Additional information and counseling may be obtained from the Financial Aid Office on the second floor, room 202, of the Danville Building. Office hours are 8 am to 4 pm Monday through Friday.

Using Financial Aid to Pay for Classes

Students whose financial aid paperwork has been received and processed by the Financial Aid Department will be notified of aid received and Federal Direct loan processing instructions via their LCN student email. Students with a credit balance due to their processed financial aid will receive a book voucher via their LCN student email for use at the Follett Bookstore at Danville Area Community College. Voucher usage has a limited time frame noted on the form.

Financial aid is always subject to change without prior notice if changes occur in a student's enrollment status, class attendance, personal circumstances, or federal or State deadlines.  The student is responsible for all college bills not covered by their financial aid - direct any questions to the Financial Aid Office.

Important Notice/Deadlines

2023-2024
October 1st of Each year	Federal/State Application Opens
2024-2025
January 1st	Federal/State Application Opens
Mid-Term, Each Semester	Direct Loan Requests Due
June 1 (for Fall Semester)	Lakeview Scholarship Application Due
November 1 (for Spring Semester)	Lakeview Scholarship Application Due
March 1 (for Summer Semester)	Lakeview Scholarship Application Due

Federal Deadlines: The new award year application is available October 1 and will require income information from two years before the academic year for which aid is intended.

State Deadlines: The State of Illinois sets a deadline for the Monetary Award Program each award year. There is not a separate application for the MAP grant. The required information is entered on the FAFSA.

We encourage students to complete the Free Application for Federal Student Aid (FAFSA) as early as possible each award year.

Institutional Deadlines:

• Scholarships – The deadlines for LCN scholarships are June 1 for the fall semester, November 1 for the spring semester, and March 1 for the summer semester. [Note: One scholarship application must be on file for enrollment duration; however, completing FAFSA is required for each award year.] Scholarship applications and information may be found at https://lcn.edu/scholarships.
• Federal Direct Loan Processing – The priority date to request a Federal Direct loan for a semester is no later than the mid-term date of each semester.
• Verification Deadlines – The Student Aid file must be completed and verified as accurate (and corrected if applicable) no later than the last day of the semester for which student aid will be applied.

How to Apply for Financial Aid

To receive federal and/or Illinois State student financial aid to attend Lakeview, a student must be accepted and enrolled as a degree-seeking student.

Step 1 - Complete the FAFSA

Complete the Federal student aid application called the Free Application for Federal Student Aid (FAFSA) online at https://studentaid.ed.gov/sa/fafsa.  Lakeview's school code is #010501.

Students admitted for the Spring semester must add Lakeview's school code to the Student Aid Report online. Please contact the LCN Financial Aid Office to discuss what aid may be available, and the amounts since eligibility for some programs can change from one College to another. It is crucial to cancel any pending aid at the school a student is transferring from so LCN can proceed with their aid.

The result of the FAFSA is the Student Aid Report (SAR). Students will have the opportunity to print and/or review their SAR via the Internet site. Lakeview receives an electronic version of this report. The SAR will determine which programs students qualify for and how much aid students will receive. The LCN Financial Aid Office will inform students what additional documents are needed to submit to the office to complete the Verification Process (Step 2).

A student must be enrolled in the minimum number of hours required by the financial aid program.

Students can request Professional Judgment based on special or unusual circumstances. A special circumstance may include job loss, divorce, death, medical, etc. An unusual circumstance may include human trafficking, parental abandonment, etc. Results from the FAFSA must be on file, and that information must be verified before a special or unusual circumstance can be evaluated. Students will receive results from the Financial Aid Office by ten business days of receipt of the entirety of the file. Please contact the Financial Aid Office to proceed with the request.

Independent/Dependent Status

Applicants' answers to certain questions will determine whether they are considered on the Free Application for Federal Student Aid (FAFSA) to be "dependent" (still part of a parent's family unit) or whether they are "independent" (have formed their own family unit). Students are classified according to the family unit because Federal student aid programs are based on the idea that students and their parents or spouses (if applicable) are primarily responsible for paying for their post-secondary education. To be considered "independent," at least one of the following must apply to the student:

• turns 24 before January 1 of the academic year for which aid is sought

• is a veteran of the U.S. Armed Forces

• is an orphan or ward of the court until age of 18

• are married/have children (for whom they provide over 50% of support)

• meets and documents any other status questions on FAFSA as a "Yes"

Documentation may be requested from students who meet Independent Status due to answering "Yes" to one or more of the FAFSA questions. Direct any questions about financial aid eligibility to the Financial Aid Office.

Financial Need

Student aid will only be offered based on LCN credit hours. No "concurrent" enrollment with another school will be considered when packaging aid. Most federal and state financial aid is processed based on demonstrated financial need. The formula used to determine who has a need and who does not is:

• Student Budget - Expected Family Contribution = Financial Need.

Student Budget is the cost of attending college (tuition, fees, transportation, books, supplies, etc.).
Expected Family Contribution is taken from the student's Student Aid Report (SAR).
Financial Need is the maximum dollar amount of aid from the various sources for which the student is eligible.

Financial assistance is available for up to the maximum dollar amount for eligibility, and the total financial aid package may not meet the Cost of Attendance.

The various sources of aid have maximum amounts and may be further affected by the limited availability of funds. Loans may be available if grant aid is insufficient. Please inquire at the Financial Aid Office for additional funding.

Cost of Attendance for Financial Aid

The budget below represents an estimated cost to attend Lakeview College of Nursing for 2022-2023. It is based on two semesters/9-month school year and the premise that the student will be attending full-time. The two budgets represent one for the Independent student and the other for the Dependent student with parent(s).

The budget includes direct costs (tuition, fees, and estimated books) and indirect costs (housing, travel, and miscellaneous). These costs vary by the individual student and Do Not reflect what is due to the College. Students should check their billing statements for semester costs.

Junior Level (Semesters 1-2)	DEP	IND
Tuition & Fees	19375	19375
Living Expenses:  Housing                                Food	2025 3360	6075 10080
Books, Course Materials, Supplies & Equipment	3149	3149
Transportation	3120	3120
Miscellaneous Personal Expenses	1980	1980
Federal Student Loan Fees	79	132
Federal PLUS Loan Fees	1082	-----------
TOTALS	34170	43911

 

 

Senior Level (Semesters 3-4)	DEP	IND
Tuition & Fees	18265	18265
Living Expenses:  Housing                                Food	2025 3360	6075 10080
Books, Course Materials, Supplies & Equipment	507	507
Transportation	3120	3120
Miscellaneous Personal Expenses	1980	1980
Federal Student Loan Fees	79	132
Federal PLUS Loan Fees	947	-----------
Graduation Fee	200	200
Professional Licensure	367	367
TOTALS	30850	40726

 

The 9-month COA provided is for full-time enrollment and will be adjusted for less-than-full-time enrollment or single-term enrollment. The budget includes direct costs and indirect costs. These costs can vary by the individual student and do not reflect what is due to the College. Students should check their billing statements for semester costs.

Tuition/fees include per credit rate of $500 tuition, $75 fees; testing fees of $190 per course (8); $10 fee per clinical (10).
The Junior level includes 3 clinicals, and the Senior level includes 7 clinicals.
Housing per month ($225 dependent, $675 independent).
Food per month ($373.33 dependent, $1,120 independent).
Transportation is based on 150 miles per 32 weeks.
Miscellaneous Expenses ($220 per month).

Step 2 - Verification

Lakeview College of Nursing's Financial Aid Office performs verification on all students applying for financial aid and verifies all elements of the FAFSA data. To complete the verification, the FAFSA will be reviewed, and the student and their family (if applicable) may be requested to provide the documentation concerning the information reported on the FAFSA. The student and their family (if applicable) will also submit the completed and signed Information Verification Worksheet. The student and their family will be requested to provide the documentation concerning the information required on the FAFSA. The financial aid file will not be completed, and student-eligible financial aid will not be processed until all verification is complete. Any conflicting, erroneous, or omitted information may require correcting FAFSA data. Once corrections are processed and returned, students will be updated on any changes in eligibility. It is important to reply to all requests for verification documentation. Verification must be completed and corrections made (if applicable) before the end of the semester that aid is being applied to, or all "potential" funds will be canceled.

Note: The verification process is not related in any way to the due date of the student's semester billing. In order to apply student aid funding towards direct educational costs, the verification process must be completed and determined accurately, and student eligibility must be determined prior to the billing due date.

Federal Pell Grant

The Pell Grant is available to eligible students at LCN. To apply, students must complete the FAFSA application for financial aid. The resulting expected family contribution (EFC) will determine eligibility for all financial aid programs, including the Pell grant. This aid can be used to pay tuition, fees, books, and supplies, up to the amount available each semester. If the student has funds after costs are met, then refunds are generally available 30 days after starting classes each semester.

Illinois Student Assistance Commission (ISAC)

A resident of Illinois (who is a US citizen or permanent resident of the United States), enrolled in an eligible program at LCN, who demonstrates financial need as determined by the Illinois Student Assistance Commission, may receive a grant, called the Monetary Award Program (MAP). There is not a separate State application. To be considered for the state award, a student need only indicate Illinois residency when the FAFSA is completed. A dependent student's parent(s), whose information was required on the Federal Student Aid Application (FAFSA), must be an Illinois resident. The State sets deadlines each award year that a student must meet to be considered for the MAP award. It is recommended that students apply early each award year. The announced awards (estimated or actual) can be reduced or canceled at anytime during the award year. The MAP grant is applied to tuition and mandatory fees and is non-refundable to the student.

Step 3 - Acceptance of Aid

Federal Pell Grant and State Grant/MAP will be applied to a student's account who has met the eligibility. Federal Student Loans must be accepted through the application process for Federal Direct Loans.

Federal Loan Programs

To be eligible to apply for any of the Title IV student loans, students must:

• Apply for financial aid using the FAFSA.

• Have a completed, verified as accurate, student aid file on record.

• Complete loan counseling and other special requirements.

• Be enrolled in at least half-time enrollment status.

• Be enrolled in only coursework relevant to the program of study.

• Meet DL Program Regulations per 34 CFR part 668.

• Meet School priority dates

Federal Direct Loan Program (subsidized and unsubsidized)

• Repayment begins six months after the student graduates, withdraws from the school, or drops below half-time enrollment.

• Loan disbursements are deposited in the form of electronic funds to the student's LCN account and are released no earlier than thirty days after the beginning of the semester.

• Students may request up to $7,500.00 at the Junior or Senior Level each award year (max subsidized amount in the figure is $5500.00).

• Independent students may be eligible for additional unsubsidized loans for a maximum eligibility of $12,500

• Please note: Some students may qualify for the following loan processing standards based on their program completion plan and will be contacted by Financial Aid Office with their Federal loan eligibility.

  1. Students who graduate mid-year (December) and are enrolled in 6 or more credit hours for the remaining summer and fall semesters can qualify to process aid based on the borrower-based award year (BBAY). This allows the student to maximize Federal loan/grant eligibility.

  2. Students that graduate mid-year (December) and are not enrolled in any preceding summer semester courses will require Federal loan proration for Federal loans processed in the Fall since the final enrollment period is shorter than the academic year in length.

 

Federal Parent Loan for Undergraduate Students (PLUS)

Parents may borrow for their dependent undergraduate students. Parents would be eligible to borrow up to the cost of education minus any financial aid.

 

Loan Interest Rates

To view current interest rates and other loan information, go to StudentAid.gov

Applying for Federal Direct Loans

Once the student file has been verified, loan processing instructions will be forwarded to the student’s LCN email account. The application process is conducted via the Internet. The student will be required to log in at specific sites (noted below) and use the Federal Student ID, the same ID that must be used when completing the application for Federal Student Aid (the FAFSA) each award year.

To apply, complete these steps:

1. Complete entrance counseling at Studentaid.gov. All first-time borrowers are required to complete this step.

2. Complete the Electronic Master Promissory Note (EMPN) at Studentaid.gov.

3. Return the loan request responses from the previous email to the FA Office.

4. Meet the school priority processing date for the semester regarding loan processing.

If the parent is applying for the Parent Loan for Undergraduate Students (PLUS), the student must:

1. Complete the PLUS Application request process at Studentaid.gov.

2. Complete the PLUS Electronic Master Promissory Note at Studentaid.gov.

3. Contact the Financial Aid Office with the requested loan amount.

34 CFR Section 668.202 (e)(1) of the Federal Direct Loan (DL) Program provides that a school may refuse to certify a Direct or PLUS loan application or may reduce the borrower's determination of the need for the loan if the reason for that action is documented and provided to the student in writing provided the determination is made on a case-by-case basis. All previous borrowing of student loans and total debt will be reviewed before certification of future loans.

Repayment of Federal loans

LCN students who process Federal Loans and drop below half-time enrollment, withdraw from the program, or graduate, will receive personalized exit information from the Financial Aid Office regarding their Federal loans. More information on repaying Federal student loans can be found at https://studentaid.gov/manage-loans/repayment

Federal Student Loan Ombudsman

The Ombudsman Group is dedicated to helping resolve disputes related to Direct Loans, Federal Family Education Loan (FFEL) Program loans, Perkins Loans, and grant programs. If a borrower has completed the steps to resolve a loan dispute and is unsatisfied, the borrower may need to contact the Federal Student Aid (FSA) Ombudsman Group of the U.S. Department of Education (ED). The Ombudsman Group is a neutral, informal, and confidential resource to help resolve disputes about federal student loans. Contact the Ombudsmen Group as a last resort. Make every effort to resolve student loan problems before contacting the Ombudsman Group.

U. S. Department of Education
FSA Ombudsman Group
PO Box 1843
Monticello, KY 42633
Phone: 877-557-2575
Fax: 606-396-4821
https://studentaid.gov/sa/repay-loans/disputes

Alternative Loans

Alternative loans, commonly called "private loans," are offered by various banks and private lenders to cover the costs of College not covered by other financial aid resources. The private lender will run a credit check on the potential borrower. Also, it is common to be required to have a co-signer for the loan. Interest rates are variable by the borrower and based on many factors that the lender deems relevant.

Alternative loans are intended for:

• students whose financial aid does not cover the total cost of higher education (Cost of Attendance is considered in need) or,

• students who may not be enrolled in a financial aid eligible program or,

• students who may not be eligible for financial aid for other reasons.

Depending on individual circumstances, a parent may also be able to borrow alternative loans to help pay for a child's college expenses.

Many companies offer alternative loans. As a wise consumer, shop around and investigate what lender offers the best loan to meet educational needs.
Students may choose any lender. In considering a lender, look at the interest rates, repayment period, "reward" options, the quality of their customer service, and the amount eligible to borrow within specific time frames. These considerations will determine the best loan to meet educational needs.

Lakeview College of Nursing does not sponsor or endorse any lender. We do have a "historical" listing of lenders that current and/or previous students have used. Visit FASTChoice at http://choice.fastproducts.org/FastChoice/home/1050100 to view additional private loan entrance information and compare products offered by lenders on the historical list. As a consumer, research options and use the best judgment to choose a lender. We strongly suggest that students contact us to discuss the Federal Direct loan program and what advantages concerning interest rates, repayment options, and other consumer information may make it a better choice for borrowing funds for educational expenses. A parent of an undergraduate student also has the option of borrowing on the student's behalf for education expenses called the Federal PLUS program; this program may also have advantages for the consumer compared to an alternative loan. Each of these Federal loan programs requires that the Free Application for Federal Student Aid (FAFSA) be completed and verified to be accurate before the loan can be certified and processed. Students can also research this information on their own at the Department of Education's Web page, https://studentaid.ed.gov/sa/types/loans/federal-vs-private.

For all loan questions, please call the Financial Aid Office at 217.709.0928.

Adjustments to charges and Financial Aid may occur when a student withdrawals or ceases to attend. This change is based on the withdrawal and last day of attendance. Please refer to the refund schedules published in the current academic calendar. Failure to attend class without officially withdrawing may void financial aid, leaving the student responsible for all charges. To officially withdraw, a student must submit a completed withdrawal form to the Director of Enrollment/Registrar. It is in the best interest to speak to the Financial Aid Office prior to withdrawal. NOTE: No loan refund check can be released if it is determined that a student has ceased attendance.

The withdrawal refund policy for student financial aid funds will comply with regulations for the Return of Funds of Title IV aid (Requirements of 34 CFR 668.22). The Department of Education mandates that unearned federal financial aid funds are returned to the specific program if a student withdraws from all coursework in a semester. The refund amount is determined by the days of the semester the student was in attendance versus the remaining days (after withdrawal) until the semester ends.

Any unearned Title IV aid must be returned to the Federal Government within 45 days of the withdrawal determination date. Students are notified by mail of their debt to the Department of Education. This debt must be paid on time for the student to receive future financial aid.

Funds returned to the Federal Government are used to reduce the outstanding balances in individual federal programs. Financial aid returned by the student and/or a parent or the College must be allocated in the following order*:

1. Federal Unsubsidized Direct Loan
2. Federal Subsidized Direct Loan
3. Federal Direct Parent Loan (PLUS)
4. Federal Pell Grant

*Federal programs the College does not participate in are not included in the distribution.

Contact the Financial Aid Office for more details regarding this policy.

State and/or Accrediting Agency Refund Rule
The State of Illinois has not established a mandated refunding rule for private colleges.
The Higher Learning Commission, as an accrediting agency, has not established a refund rule.

Please see the Satisfactory Academic Progression Policy for information on how academic progression can affect financial aid benefits. Lakeview College of Nursing has one SAP policy that applies to all students.

As the certifying official, there are important steps that the student and LCN must follow to ensure that benefits are received on time and students are not overpaid and required to repay to the Department of Veteran Affairs. These steps are as follows:

• Applying or renewing benefits, all correspondence with the Federal Agency is with the student/the veteran. LCN is not sent copies of approvals or certificates of eligibility. Please submit all eligibility correspondence to financial aid.
• Refer to this website concerning education benefits: https://www.va.gov/education
• Each semester the student must:
  • Complete and return the LCN Veteran's Enrollment Certification Form to the Financial Aid office. The blank form will be emailed to the student before starting each semester.

If a student withdraws, drops, or changes credit hours after initial enrollment, contact the LCN Financial Aid office immediately so that we can contact the Deptartment of Veterans Affairs to notify them of the change in hours. This change can result in an overpayment of entitled benefits if this is not done. Depending upon Chapter benefits, the school may be required to return funds on the student’s behalf, and the student becomes responsible for paying the school. Please visit https://va.gov/manage-va-debt/ to manage debt.

If you have any questions regarding the amount of entitled benefits, remaining months of benefits, or other inquiries, please call the Dept. of Veterans Affairs Regional Office at 1-888-442-4551. The school does not have access to this information.

If Chapter enrollment is required, the student will self-certify college enrollment monthly via the Web Automated Verification of Enrollment (WAVE) https://www.gibill.va.gov/wave/index.do.

COMPARE THE PROGRAMS

If a student is eligible for another benefit program and the Post-9/11 GI Bill^® (Chapter 33), review the side-by-side comparison of benefits under each program. https://benefits.va.gov/GIBILL/comparison_chart.asp.

While each individual's situation is different, this may help determine which programs provides the most benefit whether you want to apply for the Post-9/11 GI Bill^® or another benefit program. Remember, giving up another program to receive the Post-9/11 GI Bill^®, is an irrevocable choice - this means that once a decision is made to select the Post-9/11 GI Bill^®, it cannot be switched back to the previous program. At this time, a college must be selected for enrollment. https://www.benefits.va.gov/gibill/school_decision.asp

NOTE: GI Bill^® is a registered trademark of the U.S. Department of Veterans Affairs (VA). More information about education benefits offered by VA is available at the official U.S. government website at https://www.benefits.va.gov/gibill

CONTACT INFORMATION

LCN Veteran's Certifying Official
Tammy Garza 217-709-0928 tgarza@lcn.edu

LCN Director of Financial Aid & Veteran's Education Benefits
Janet Ingargiola 217-709-0930  jingarg@lcn.edu
For the Online Brochure of Federal Benefits for Veterans, Dependents and Survivors 2021 Edition: https://www.va.gov/opa/publications/benefits_book.asp

THE VETERAN'S ADMINISTRATION - PHONE NUMBERS

• Dept. of Veteran Affairs Regional Office 1-888-442-4551
• Monthly Enrollment Certification 1-877-823-2378
• General Information other VA Benefits 1-800-827-1000
• POW/MIA Certification 217-782-3564  or 217-782-6641
• Call Center: The Department of Veterans Affairs Education Call Center is open for telephone calls Monday through Friday during normal business hours from 7:00 am to 8:00 pm Central Standard Time 1-800-827-1000

AT THE STATE OF ILLINOIS

Veteran's Illinois Contact https://www.va.gov/directory/guide/state.asp?State=IL&dnum=ALL

WEB PAGES FOR VETERANS AND/OR THEIR SPOUSE/DEPENDENTS

• https://www.va.gov/WelcomeVA_Guide_print_version_final.pdf (Welcome Guide)
• https://www.ebenefits.va.gov/ebenefits/homepage (VA/DoD Benefits and Services)
• https://www.gibill.va.gov/wave/index.do (WAVE)
• https://www.benefits.va.gov/GIBILL/DEA.asp (Dependent’s Education Assistance Program Chapter 35)
• https://maketheconnection.net/ (Information, resources, and solutions affecting health and well-being)
• https://nrd.gov/ (National Resource Directory)
• https://www.va.gov/careers-employment/vocational-rehabilitation/ (Veteran Readiness and Employment Chapter 31)