75 seventy five aniversary

 

Sample Full-Time Financial Aid Packages
(by Expected Family Contribrution -EFC)

EFC $0 to $1,000: Award Fall 2008 Spring 2009

Fed Pell Grant $ 1,500 $ 1,500
Fed Sup Opp Grant $ 500 $ 500
MI Tuition Grant* $ 1,000 $ 1,000
LTU Grant $ 1,000 $ 1,000
LTU Trustee Schol $ 2,000 $ 2,000
Fed Subsidized Stafford Loan $ 1,750 $ 1,750
Fed Parent Loan (PLUS) $ 7,062 $ 7,063
Semester and Grand Totals $14,812 + $14,813 = $29,625

 

 

EFC $1,001 to $3,800: Award Fall 2008 Spring 2009

Fed Pell Grant $ 500 $ 500
MI Tuition Grant* $ 1,000 $ 1,000
LTU Grant $ 1,000 $ 1,000
LTU Trustee Schol $ 2,000 $ 2,000
Fed Subsidized Stafford Loan $ 1,750 $ 1,750
Fed Parent Loan (PLUS) $ 8,562 $ 8,563
Semester and Grand Totals $14,812 + $14,813 = $29,625

 

 

EFC $3,801 to $4,000: Award Fall 2008 Spring 2009

MI Tuition Grant* $ 1,000 $ 1,000
LTU Grant $ 1,000 $ 1,000
LTU Trustee Schol $ 2,000 $ 2,000
Fed Subsidized Stafford Loan $ 1,750 $ 1,750
Fed Parent Loan (PLUS) $ 9,062 $ 9,063
Semester and Grand Totals $14,812 + $14,813 = $29,625

 

 

EFC $4,001 to $15,000: Award Fall 2008 Spring 2009

MI Tuition Grant* $ 1,000 $ 1,000
LTU Trustee Schol $ 2,000 $ 2,000
Fed Subsidized Stafford Loan $ 1,750 $ 1,750
Fed Parent Loan (PLUS) $10,062 $10,063
Semester and Grand Totals $14,812 + $14,813 = $29,625

 

 

EFC $15,001 to $21,000: Award Fall 2008 Spring 2009

LTU Trustee Schol $ 2,000 $ 2,000
Fed Subsidized Stafford Loan $ 1,750 $ 1,750
Fed Parent Loan (PLUS) $11,062 $11,063
Semester and Grand Totals $14,812 + $14,813 = $29,625

 

 

EFC $21,001 to $99,999: Award Fall 2008 Spring 2009

LTU Trustee Schol $ 2,000 $ 2,000
Fed Unsubsidized Stafford Loan $ 1,750 $ 1,750
Fed Parent Loan (PLUS) $11,062 $11,063
Semester and Grand Totals $14,812 + $14,813 = $29,625

 

* The projected State Award included in this estimate is based on the existing Michigan Tuition Grant program currently in Michigan law and recognizes the State’s current budget problems. This estimate may be affected by the Legislature’s future decisions on the budget and its response to a proposal from the Administration to restructure the current student aid programs.

LTU has a variety of loan options to offer depending on your situation or preference. Also, if you prefer workstudy, federal or state work-study funds can be offered (up to $2,000 per semester) to reduce, or supplement the loan portion of your package. Please contact the Office of Financial Aid for clarification on any of the sample award packages if you have any questions.

 

Lawrence Technological University
21000 West Ten Mile Road • Southfield, MI 48075-1058 • ©2008 1.800.CALL.LTU