83-350
06-23-11, 06-21-12
FINANCIAL AID REQUIREMENTS
All students must be aware of the following when applying for financial aid:
A. The student must apply for all financial aid in a timely manner to determine if he/she
will receive money to pay for his/her educational costs. The general rule is if you plan
to attend OLC, your financial aid application should be completed the semester prior
to registering for classes.
B. Students are required to declare a major in order to receive any type of financial aid.
C. Selected students must verify the income they reported on the PELL Grant
application. If a tax return was filed, an IRS Tax Return transcript and verification
worksheet must be in the students file in the Financial Aid Office.
Students who attend another college, university or institution of higher learning that
participates in the Title IV Campus Based Aid programs must submit official
transcripts to OLC.
Students who need financial aid urged to contact the local district college center staff or
the Financial Aid Office for general information. All Federal Financial Aid funding
regulations state that a student receiving Federal Financial Aid must maintain
satisfactory progress.
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