Financial Aid for New Students

The Office of Financial Aid is committed to helping you and your family apply for and receive financial aid, both before you enroll and during your time here.

  • Follow the steps below if you are a U.S. citizen or permanent resident applying for need-based financial aid (grants, loans, work-study). Note that you do not complete the CSS Profile.

    Follow this link if you are an international student.

     

    Applying for Financial Aid, Fall 2014

    Printable summaries in English   en Español 

    Step 1: Complete the Financial Aid FastApp

    Required only of those applying under Early Action or Regular Decision 
     

    Step 2. Complete the 2014-2015 FAFSA*

    • FAFSA: Free Application for Federal Student Aid
    • The optional FAFSA Worksheet (en Español) will allow you to see most questions that require some preparation
    • Be sure to choose the 2014-2015 version
    • Please submit by Priority Deadlines shown on the right
    • Our Federal School Code is 001706
    • en Español
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Important Notes:

  • Do not send your tax return to our office.  If required, we will ask you for the necessary IRS documents.
  • If you are not a U.S. citizen or permanent resident, see our “International Students” page for further information.

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What Happens Next… 

Once you have been admitted and submitted all applicable financial aid documents (shown above) we will prepare a statement (we call it a “Financial Aid Announcement”) showing the aid you qualify to receive. We will send your Announcement to your e-mail address, and will come from the address “(name)@lakeforest.edu.”

We may require additional information from you at some time in the process.  If so, we will also use email to let you know.  We may even send an occasional text message to alert you to an important e-mail we have sent.  They will come from the address “SMS@blackboard.com.”

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Scholarship Scam Alert:

January 2014: The National Association of Student Financial Aid Administrators recently reported that Michigan State University student are the latest victims of a scholarship scam. A fake scholarship fund sends a congratulatory message and even a check in the mail, and then it asks the student to send a check for taxes and fees in return. It’s a scam that’s hit at least five MSU students this school year. What happens is that check from the scholarship company bounces, and then the student suffers the costly consequences, even identity theft.

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January 2013, our office heard from several students who received an email claiming to be from the Robert Sterling Scholarship Foundation.  The message offers a scholarship “ranging from hundreds to thousands of dollars based on your nationality, academic program, level of study and GPA.”  They then ask for several pieces of information (mailing address, cell phone, email address, age, etc.).   

Here is how the scam works: they send a (false) scholarship check.  Then they contact you to say there was a mistake, and the check was larger than it was supposed to be.  They ask you to deposit the first check immediately, and write a check to them to cover the excess amount you received.  It then turns out that the check you received from them is bad and you will have lost the money that you sent to them.

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If you ever have a question about a scholarship offer that sounds (or smells) “fishy” feel free to contact the Office of Financial Aid (finaid@lakeforest.edu, 847-735-5103) and we will try to help determine if it is legitimate.