Financial assistance to Laredo College (LC) students with emergencies.
What is the Student Emergency Fund?
The student Emergency Fund offers limited emergency financial assistance to LC students with unexpected hardships or emergencies that occur during the semester. This fund is available each year through the Interlocal Agreement between Laredo College and the Laredo Housing Authority. The funds serve to off-set short term financial needs and is not a replacement for or supplement to financial aid. This assistance is not considered a loan and does not require repayment.
How much money can I receive?
The maximum annual award is based on the availability of funds. Funds are limited and are available on a first-come, first-served basis. The Emergency funds are used to pay the vendor/provider directly, not the student.
Examples of emergencies:
- Replacement of essential personal belongings due to fire, flood, theft, or natural disaster
- Emergency or temporary housing assistance
- Medication cost related to emergency medical care (not covered by insurance)
- Assistance with rent or utilities due to an emergency
- Emergency transportation
Types of expenses that are NOT covered:
- Any costs that are already covered in the financial aid package (tuition and fees, standard room and board allowance, book allowance, and miscellaneous expenses)
- Non-essential utilities, household, or furniture costs not related to damage or theft
- Parking tickets, court fees, or other fines
- Cost for entertainment, recreation, non-emergency travel, or other non-essential expenses
- Any other expenses not qualifying as emergencies, as determined by LC
Student emergency fund eligibility (subject to change):
To be eligible to apply for the Student Emergency Fund, a student must:
- Be currently enrolled in at least 6 semester credit hours or a workforce/continuing education program, be in good academic and disciplinary standing, and actively attending class (note that attendance will be verified)
- Laredo College must be the home institution.
- Have completed at least one full semester at LC (although this may be waived for workforce/continuing education students)
- Have not received emergency funds during the current academic year (consideration will be given if extraordinary extenuating circumstances exist)
- Have a financial hardship resulting from an emergency, accident, or other unexpected, critical incident
- Complete all application questions in full and submit supporting documentation, as requested
- Demonstrate that all other possible resources have been considered and are either unavailable or insufficient
- Have no outstanding balance owed to LC, not delinquent on payment plan.
Application steps:
- Submit the Student Emergency Fund Application on Palomino Scholar Dollars.
- Await the committee's review of your application. The Committee’s decision will be sent to your LC email.
- Complete any additional steps outlined in the Committee’s decision email.
Fund decisions:
We will make every effort to have a decision on your application within 1 to 2 business days.
All application decisions are final. If approved, the student will be notified of the amount and method of disbursement.
Approved amounts:
Approved amounts may range from $50 - $1,000. The amount approved is based on need and available funding. Availability is limited and is disbursed on a first-come, first-served basis.
Receipts:
Student receiving assistance from this fund must submit receipts to the Laredo Housing Authority within 10 business days of payment to the vendor. Failure to do so could prohibit the use of this fund in the future.
