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Sources of Aid
Sources of Financial AidA Lane College financial aid award may include Federal Pell Grants, Federal Supplemental Educational Opportunity Grants (SEOG), State Grants (Tennessee Student Assistance Award), Federal Direct Loans, Federal Work Study, and Federal Direct PLUS Loans. Detailed information on these financial aid programs may be found in the Student Guide, an annual publication of the U.S. Department of Education.
Award packages are based on financial need. Packages are designed to maximize gift aid (grants and scholarships) to the student. Financial need not met by gift aid may be met with loan assistance at the student's request. Lane College endeavors to assist as many students as possible; therefore, full need will not be met with federal student aid for most students. NO student will receive need based financial aid in excess of financial need as defined by federal regulations. (See Determination of Need for the definition.)