Financial Aid and Awards
Make an LCC Education a Reality
Financial Aid
We believe that all students should have access to an LCC education regardless of their financial circumstances. As a result, we rely upon generous donations to provide assistance to qualified students in grades 7–12 who have demonstrated need.
The process for providing financial aid is thorough and confidential. LCC is part of a network of schools affiliated with Financial Aid for Canadian Students (FACS), an arms-length organization that provides a confidential analysis of a family’s financial ability to contribute toward the school’s tuition fees. A committee then uses the FACS analysis to consider all requests. Any financial aid that is provided is considered to be an award (not a loan) and is applied to tuition fees. Since personal financial situations may vary from year to year, FACS applications are made on an annual basis.
merit-based Awards
LCC is pleased to offer merit-based scholarships to students entering grades 7–12. These scholarships have been established through private donations and by the school to recognize student achievement in academics, citizenship, leadership, arts and athletics. Scholarships are applied to tuition fees.
For 2019-2020, LCC awarded approximately $1.4 million in financial aid and scholarships.
For further information please contact the Admissions Office.
Frequently Asked Questions
- In which grades is financial aid offered?
- How do I apply for financial aid?
- When should I apply and when are financial aid decisions made?
- What is the difference between financial aid and merit awards?
- Is financial aid renewable every year?
- How are decisions made?
- If I qualify for financial aid, how much can I expect to receive?
In which grades is financial aid offered?
How do I apply for financial aid?
Applications for financial aid are separate from the admissions process and are made with Financial Aid for Canadian Students (FACS), an arms-length organization that provides a confidential analysis of a family’s financial ability to contribute to tuition fees. A committee then uses the FACS analysis to consider all requests. Any financial aid that is provided is considered to be a grant (not a loan) and is applied to tuition fees.
The FACS online application fee is $115.00 for the first school you list and $15.00 for each additional one.
When should I apply and when are financial aid decisions made?
Financial aid applications are made in the fall and winter preceding the year of entry. Financial aid decisions are made by the school’s student aid committee in November for families of students entering grade 7, and in the winter for students entering grades 8-12. Financial aid dollars are fully distributed by the spring preceding the next school year. The school endeavours to provide financial aid decisions as much as it possibly can with new admission offers.
Families of returning students apply for financial assistance in the fall/winter preceding the year of entry and financial aid decisions are announced by the committee in the late winter and early spring.
What is the difference between financial aid and merit awards?
Financial aid is available to qualified students with a demonstrated need. Applications are made through Financial Aid for Canadian Students (FACS), a third party that conducts an analysis of a family's financial ability to contribute to tuition fees.
A merit award recognizes a student's achievement in academics, citizenship, leadership, arts and athletics, and is applied to tuition fees. Decisions to offer a merit award are made during the admissions process and are based on a student's application.
Is financial aid renewable every year?
How are decisions made?
Apple Financial Services provides a recommendation to the LCC Student Aid Committee based on the family’s FACS application. However, the committee makes the final decision about the amount to be offered to a family. It is important to note that applications for admission and financial assistance are reviewed independently of one another.
If I qualify for financial aid, how much can I expect to receive?
Our goal is to bridge the gap between school tuition fees and what the family can afford to pay, based on the FACS recommendation. The amount of financial aid will vary from applicant to applicant. If a family’s financial situation remains constant, the amount of financial assistance offered should not change from year to year.
