Student Handbook
Student Handbook


Student Financial Aid & Veteran's Affairs Services Center 

Financial aid helps students and their families pay for college. Financial assistance can cover educational expenses including tuition, fees, books and supplies. There are several types of financial aid that combined form your financial aid package. 


It is the intent of Laredo College, within the limits of its resources to provide financial assistance to students, especially those who without such aid would be unable to attend college. 


A basic premise of financial aid programs is that the main responsibility for meeting college costs lies with the family; thus, Laredo College can only be expected to assist with the cost of attendance. In the following pages we attempt to familiarize you with our staff, policies, procedures, programs, and to answer the questions concerning financial aid most frequently asked by students, parents, and other interested persons. 


The financial aid award is based on individual need and eligibility, and may include a combination of various types of aid mentioned below: 




♦    Federal Pell Grant    

♦    Federal Supplemental Educational Opportunity Grants

♦    Texas Grant    

♦    Texas Education Opportunity Grant (TEOG)    

      On-Campus TPEG    


♦    Federal Work-Study (FWS)   

♦    Texas Work-Study    


Scholarships may be defined as a form of student financial aid which is based upon excellence and does not require repayment.  Funds for these scholarships are provided from two sources - private donors and LC. Please refer to the Financial Aid Centers listed above for a listing.  


Federal Student Loans at Laredo College 


Effective for the fall 2012, Laredo College is no longer participating in the Federal & Private Student Loan Programs.

For more Student Loan information and repayment options please visit: . 

For emergency loans, payment plans, and other payment options please visit the Bursar's Office at either campus: Ft. McIntosh Campus- Lerma Peña Bldg. Rm 101 or South Campus- A 117. Students who are required to complete an exit counseling, please go to the following website, Please be advised that you must bring proof that you have completed your exit loan counseling to either Financial Aid & Veterans Affairs Center at Lerma Peña Building Room 148 (Ft. McIntosh) or Billy Hall Student Center- One Stop Shop A 109 (South Campus). 



Behind on your student loan? Help is on the way! Understanding how LOAN SCIENCE helps students like you. If LOAN SCIENCE has reached out to you on behalf of your school, relax, we're on your side. LOAN SCIENCE is your guide to help manage your student loan. In fact, we have it down to a science. We can help you navigate your loan repayment easily without any additional charges. For further information, please click here LOAN SCIENCE website or call 866-311-9450. 


Early FAFSA with Prior-Prior Year (PPY)


Changes to the Free Application for Federal Student Aid (FAFSA)



Submit a FAFSA Earlier: Students will be able to submit a 2019-2020 FAFSA as early as October 01, 2018, rather than beginning on January 01, 2019. The earlier submission date will be a permanent change, enabling students to complete and submit their FAFSAs as early as October 1 every year. 


Use Earlier Income and Tax Information: Beginning with the 2017-2018 FAFSA, students will be required to report income and tax information from an earlier tax year. For example, on the 2019-2020 FAFSA, students (and parents, as appropriate) will report their 2017 income and tax information, rather than their 2018 income and tax information. Because of this, almost all tax filers will be able to electronically transfer their tax information directly into their FAFSA by using the IRS Data Retrieval Tool (DRT). 


Please take a moment to view the Prior-Prior Year Introductory Video, courtesy of the National Association of Student Financial Aid Administrators (NASFAA).


Beginning with the 2017-2018 award year:


  • The FAFSA will be available three months earlier than previously allowed: October 1.
  • The income used on the FAFSA will be from two years prior to the application year ("Prior-Prior Year"). 


The following table provides a summary of key dates as we transition to using the early FAFSA submission time frame and earlier tax information: 


When a Student is Attending College (School Year) 

When a Student Can Submit a FAFSA

Which Year's Income &Tax Information is Required

July 1, 2018 - June 30, 2019

October 1, 2017 - June 30, 2018


July 1, 2019 - June 30, 2020

October 1, 2018 - June 30, 2019



For further questions, please visit the link of the FAQs for Changes Impacting the 2017-2018 FAFSA.


Don't Delay, Link Today!


All college students are strongly encouraged to use “Link to IRS”, a new feature within the online Free Application for Federal Student Aid (FAFSA). Students and parents (if dependent) are required to apply for an FSA ID, go to to create your FSA ID. For further information regarding the FSA ID please click here. This option makes applying easier because it allows students to transfer Income Tax information from the IRS directly to your FAFSA application.


According to the U.S. Department of Education, students who do not use the “Link to IRS” feature and are most likely to get selected for verification. Student selected for verification will have to provide an IRS Tax Return Transcript that can take up to three weeks to obtain and delay your application process for financial aid. Due to a new federal regulation, the Laredo College Financial Aid & Veteran Affairs Services Center will no longer accept Income Tax Returns.


Tax Return Transcripts can be requested:

  • online via the IRS website or
  • by telephone at 1.800.908.9946 or
  • complete the form 4506-T


Additional information and instructions regarding the process to request an IRS Tax Return Transcript can be found via the IRS website's Tax Return Transcript Order Form. For more information, visit the Laredo College Financial Aid and Veteran Affairs Services Center online or call 956.721.5361 (Fort McIntosh Campus) or 956.794.4360 (South Campus).


Summer (Year - Round) Pell Grant

Summer (Year - Round) Pell Grant is now available for students that qualify, even if the full Fall and Spring amounts have been used. To be eligible for the additional Pell Grant funds, the student must be otherwise eligible to receive Pell Grant funds for the payment period and must be enrolled at least half-time (6 credit hours) during the summer. Student must meet the Satisfactory Academic Progress (SAP) and submit a summer request form to the Financial Aid Center before April of every year (date is tentative). 


Transient Students


You are considered a Transient student if you are currently attending another college or university an intend to enroll at LC with the intent to return to your home institution at the end of the summer.


Transient students are not eligible for Financial Aid at LC, you must check with your home institution regarding financial aid eligibility.   


All Transient students are expected to complete payment on their classes by the scheduled payment deadline for the term they want to attend. 


If a student is incorrectly classified as an actual Transfer student, an awarded financial aid funds, all funds will have to be returned immediately upon review of status. 


For more information, please view a Summer (Year - Round) Pell Grant video below or visit the Student Financial Aid & Veterans Affairs Services Center at Ft. McIntosh Campus - Lerma Peña Building Office 143 or South Campus - Billy Hall Student Center - One Stop Shop A 109.


In order for Laredo College to receive your Free Application for Federal Student Aid (FAFSA) do not forget to add the school code: 003582.

Satisfactory Academic Progress  



Federal regulations mandate that a student receiving financial assistance under federal Title IV programs must maintain Satisfactory Academic Progress (SAP) in his/her course of study regardless of whether or not financial aid is awarded each semester.  

Students pursuing a certificate or associate degree are responsible for understanding and adhering to the financial aid satisfactory academic progress policy.  It is important for all students to understand that the primary financial responsibility for paying for college lies with the student and the parent.  All appropriate applications, documentation, and information must be accurate. 


In the case of a self-supporting student, the primary financial responsibility lies with the student and/or the spouse, if married.  Therefore, the purpose in completing the financial aid application process is to determine the expected contribution from income and assets toward the total cost of education by the student, his/her parents or spouse if married.   


Mandated by federal regulations for the purposes of receiving student aid, Satisfactory Academic Progress (SAP) is measured with the following standards: 


1- Minimum GPA Requirement:


Students must maintain an overall GPA of at least 2.0, which includes transfer credits applicable towards the program of study with passing grades. 


2- Minimum Completion Rate:


Student must pass and complete at least 67% of all attempted credits. (Failing grades, drops, incompletes, and withdrawals can result in failure to meet the 67% requirement.)

3- Maximum Time Frame (MTF):

The total hours financial aid will fund a particular degree is measured by the Maximum Time Frame. 


Maximum Time Frame = 150% of the required hours to graduate from a program.

Full Laredo College SAP Policy: Click here

Texas Application for State Financial Aid (TASFA)


TASFA is the Texas Application for State Financial Aid and is available for students who do not meet the requirements for the FAFSA based on their residency status. The TASFA Application is for State- Funded Grants only, not Federal. It is recommended that you apply as early as possible due to awarded on a first- come, first- served basis.  The Texas Application for State Financial Aid is for students who are non-resident or foreign students. The Texas Application for State Financial Aid (TASFA), which are listed below in English or Spanish are for the 2018-2019 & 2019-2020 Aid Years. If there are any questions please feel free to contact the Financial Aid & Veterans Affairs Center at either campus Lerma Peña Building Room 148 (Ft. McIntosh Campus) or One Stop Shop A109 (South Campus).  



For 2018-2019 Aid Year, below are the required documents:


TASFA 2018-2019 in English

TASFA 2018-2019 in Spanish  


Verification for Group 1   


Proof of Selective Service (males only)

High School Completion Document

2016 IRS Tax Return Transcript - student/spouse (if married) and/or parent(s) (if dependent)

Untaxed Income Statement



For 2019-2020 Aid Year, below are the required documents:

TASFA 2019-2020 in English

TASFA 2019-2020 in Spanish 


Verification for Group

Proof of Selective Service (males only)

High School Completion Document

2017 IRS Tax Return Transcript - student/spouse(if married) and/or parent (s) (if dependent)

Untaxed Income Statement

Students under the Senate Bill 1528 can be considered for LIMITED funds from the State only (OCTPEG and TEOG). Student may apply for any available scholarships. 



 Services Offered for Veterans:

Veterans Educational Programs:


  • Chapter 30 Montgomery GI Bill - Active Duty Educational Assistance Program click here
  • Chapter 31: Vocational Rehabilitation click here
  • Chapter 33: Post 9/11 Veterans Educational Assistance Act of 2008 click here
  • Chapter 35: Dependent's Educational Assistance Program click here
  • Chapter 1606: Montgomery GI Bill - Selected Reserve Educational Assistance Program click here
  • Chapter 1607: Reserve Educational Assistance Program click here
  • Change of Program Place of Training click here
  • Hazlewood: Hazlewood Act Exemption provides an education benefit to honorable discharged or separated Texas veterans and to eligible dependent children and spouses of Texas veterans. 

General Veteran Information

  • Students must have a declared major at the Office of the Registrar and Admissions.  All students must have an education plan on file at the Laredo College Veterans Affairs Center prior to the beginning of the program.
  • Students must notify the Veterans Affairs Center of any changes to their enrollment status (dropping or adding courses or changes in schedules).
  • Concurrent enrollment at another institution can be arranged by contacting the Veterans Affairs Center for forms and rules governing this policy.




      IRS Transcripts can be requested On-line at:
By Phone: 1.800.908.9946

Apply for financial aid using the FAFSA application at


Ft. McIntosh Campus
Lerma-Peña Office 143
Laredo College
West End Washington St.
Laredo, Texas 78040
(956) 721.5361
(956) 721.5360 fax

South Campus One Stop Shop
Billy Hall Student Center A109
Laredo College
5500 South Zapata Highway
Laredo, Texas 78046
(956) 794.4360
(956) 794.4379 fax