Financial Aid Offer

Congratulations! Now that you have been offered financial aid, it is important that you view your offer in LoLA (Delgado’s online student portal). We are here to help you have an understanding of the funds being offer to you and help plan for your future.

Next Steps:

  1. Accept, decline, or reduce loans and submit all required documents in LoLA (Delgado’s online student portal)
  2. Visit our Enrollment Checklist for next steps.

Have additional Questions? 

What is the difference between Direct Costs and Indirect Costs?

What is the difference between Grant and Loan offers?

Costs

Direct Costs

  • Direct Costs are those costs paid to the college to take classes. These costs include tuition and fees. 

Indirect Costs

  • Indirect Costs are other personal expenses to consider when attending college. These costs could include Books, Transportation, Personal Expenses, Housing, and Meals. 
    • Books: Book costs can range from a few tens of dollars to a few hundred dollars. Delgado is making book costs easier for students by implementing a First Day Books Program
    • Transportation, personal expenses, housing, and meals: These expenses may already be in your budget. If they are not, Delgado has partnered with Mosaiec, a financial coaching service, to provide you with free, confidential, one-on-one coaching. Schedule your appointment today and start your Fall 2021 semester on the right foot.

Offers

Grants

  • Grants do not need to be paid back.
  • The Pell Grant is a Federal Financial Aid Offer.  It is awarded in LoLA is based on full-time enrollment. If you are not enrolled full-time at the census date, your Pell Grant will be adjusted accordingly. 
  • Learn more about Grants at Delgado.

Loans

  • Loans are funds that are borrowed directly from the U.S. Department of Education that the student must pay back. 
  • You must accept loans through LoLA (Delgado’s online student portal) in order to receive loans at Delgado Community College. 
  • You also must be enroll in a minimum of 6 credit hours for Federal Student Loans at the time of disbursement.
  • Before you accept any loan please log into your Federal Student Aid (FSA) Account Dashboard using your FSA ID.  On the Dashboard you will be able to view your total debt and loan amount.
  • Loans must be paid back to the Federal Government beginning six months after you drop below six credit hours. Students are required to enroll in a minimum of six credit hours.

Find out more about types of aid

Why choose Delgado?