Grants
Grants jeffFederal 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 Student Aid Index (SAI) 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. A student must indicate Illinois residency only when the FAFSA is completed to be considered for the State award. A dependent student's parent(s) must be an Illinois resident whose information was required on the Federal Student Aid Application (FAFSA). The State sets deadlines for 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 any time during the award year. The MAP grant is applied to tuition and mandatory fees and is non-refundable to the student.