Financial Aid & Scholarships

Financial Aid & Scholarships Picture
Federal School Code for Copiah-Lincoln Community College (002402)

Summer refunds will go out on Thursday, July 20, 2023. Financial Aid Title IV funds (Pell Grant, Federal SEOG, and/or Federal Direct Student Loans) can be viewed on your MyPack Student Portal (NOTE: must use Full Version if using a mobile device), under Financial Information/Payment, click on Financial Aid Shopping Sheet to view your awards and/or loans that have been posted to your student account for the Financial Aid Award Year 2022-2023. *To View Student Charges on your MyPack Student Portal - Select Scheduling-choose Academic Term-Complete Registration-View Charges.

The Financial Aid Office at Copiah-Lincoln Community College administers a variety of programs designed to assist students and their families in meeting the cost of attending Co-Lin. Financial aid is offered in a package of scholarships, grants, part-time employment, and/or loans. Awards cannot exceed the cost of attendance budget. Grants and scholarships are financial aid resources that do not have to be repaid. Student loans have to be repaid with interest. Scholarships are awarded for academic achievement, athletics, and service to the college.

Federal grants require a demonstration of financial need and making satisfactory academic progress. State grants are awarded based on ACT scores, GPAs, and a minimum enrollment and completion of 15 credit hours per semester.

Part-time employment on campus provides opportunities for students to earn money to apply toward their educational costs.

Financial aid awards are made to students who have been accepted for admission and are enrolled in courses needed for graduation in their program of study. You must re-apply annually for federal and state grants, and Foundation scholarships.

It is the intention of the Financial Aid Office to serve our students. Please do not hesitate to ask for assistance. If you have any financial aid concerns, you can email the Financial Aid Office at financialaidinfo@colin.edu.

You can now start FAFSA for 2024-2025

Please go to https://studentaid.gov/ to complete your FAFSA application.

The 2024–25 FAFSA launched in December 2023. The federal deadline to submit the 2024–25 FAFSA form will be June 30, 2025. Please read this form in its entirety before completing the FAFSA application.

Before you complete the FAFSA form, make sure you know which form you’ll need to fill out. You must submit the right form(s) to apply for federal student aid. If you are applying for Spring 2024 or Summer 2024, please complete the 2023-2024 FAFSA application. If you plan on attending Fall 2024, Spring 2025, or Summer 2025 you should complete the 2024-2025 FAFSA application.

Anyone who provides information on your FAFSA form will be considered a contributor.

“Contributor” is a new term on the 2024–25 FAFSA form. It refers to anyone (you, your spouse, your biological or adoptive parent, or your parent’s spouse) who’s asked to provide their information, consent and approval to have their federal tax information transferred automatically from the IRS into the FAFSA form (more on that later), and signature on your FAFSA form.

Note: Unless they’ve legally adopted you, your grandparents, foster parents, legal guardians, siblings, aunts and uncles, or anyone else are not considered contributors—even if they helped provide for or raise you.

Being identified as a contributor on the FAFSA® form won’t make your family member responsible for paying for your education costs.

Wondering how you’ll know if you need to add contributors to your FAFSA form? Don’t worry—the online FAFSA form will tell you who needs to be a contributor based on your answers to certain questions.

You’ll also answer questions about your personal circumstances to determine whether you’re a dependent or independent student. If you’re considered a dependent student, your parent will be identified as a contributor. And if your parent is married (and not separated) but didn’t file taxes jointly, their spouse will also be a contributor. View the infographic below to see which parent will be a contributor when you fill out your FAFSA form.

You must provide consent and approval to be eligible for federal student aid.

Both you and your contributors must provide consent and approval to have the IRS transfer your federal tax information into the FAFSA form. Your contributors must provide consent and approval even if they don’t have a Social Security number (SSN), didn’t file a tax return, or filed a tax return outside the U.S. If you or your contributors don’t provide consent and approval, you won’t be eligible for federal student aid.

You won’t be able to access the FAFSA form without a StudentAid.gov account.

To start your online 2024–25 FAFSA form, you’ll need to log in to your StudentAid.gov account. If you don’t have one already, you and your contributors will each need to create your own StudentAid.gov accounts to access the online FAFSA form, provide consent and approval, sign, and submit the form.

Create a StudentAid.gov account even if they don’t have an SSN.

Your Student Aid Index (SAI) is an index number that’s calculated using the information that you and your contributors provide on the FAFSA form. Your SAI can range anywhere from –1500 to 999999. Note that it is not a dollar amount. The SAI replaces the Expected Family Contribution (EFC) starting in the 2024–25 award year.

Once your college, career school, or trade school knows your SAI, they will use it to calculate how much and what types of financial aid you’re eligible to receive.

The Student Aid Report is now the FAFSA Submission Summary.

After your FAFSA form is submitted and processed, you’ll receive an email with instructions on how to access an online copy of your FAFSA Submission Summary. The FAFSA Submission Summary replaces the Student Aid Report for the2024–25 award year.

The FAFSA Submission Summary has been specifically designed to highlight your eligibility for federal student aid. It will include the answers that you submitted on your FAFSA form (except for any federal tax information that was transferred directly from the IRS), your SAI, and an estimation of the amount of federal student aid that you may be eligible for.

Your FAFSA Submission Summary is not an aid offer.

Aid offers will come directly from any schools you’ve listed on your FAFSA form and have been accepted to.

Want more information about the 2024–25 FAFSA form? Check out our “FAFSA® Frequently Asked Questions” YouTube playlist for answers to common questions about the new form.