YOUR PHOTO

FINANCIAL AID
APPLICATION PACKAGE
FOR PROSPECTIVE STUDENTS

LCC FINANCIAL AID MODEL

IDENTITY
LCC International University is one of the biggest philanthropic projects in Eastern Europe. It was started as a result
of a joint eort of volunteers who used their time, talent and money to initiate a Christian liberal arts university in
Lithuania. Over the course of 23 years, LCC has hired more than 3,000 volunteers (board members, faculty, sta and
short project visitors) and has received donations from more than 4,000 people (for student scholarships, facility
construction, faculty/sta support, etc). The driving force of philanthropy at LCC is its mission to provide Christian
liberal arts education within a diverse learning community that transforms people for servant leadership.
Financing ones education can be a huge challenge in today's unsettled economy. LCC International University
understands the diculty students and their families face. Thus LCC hopes to ease the situation through various
aids and scholarships the University oers.
BUDGET
As a not-for-prot institution, LCC does not distribute prots to its owners and all the money that the University
earns goes directly into its mission. While we are very thankful for tuition money that we receive every semester,
we need to give due diligence to our donors and North American faculty/sta who share their time and talent with
LCC students without a salary from LCC (expats rely on their personal fundraising). If it was not for their philanthropy, tuition at LCC would be higher by about 25% (see the graph below). In addition, 60% of all students at LCC
who receive nancial aid would nd it impossible to pay their tuition.
LCC INTERNATIONAL UNIVERSITY REVENUE STREAMS

.5

23

41%

TUITION 41%

EXPAT FUNDRAISING 23.5%

FACILITIES INCOME 11%

OTHER FEES 1%

DONATIONS 23.5%

.5%
11%

1%

23

It is important to note that our land and facilities are fully paid for outside of our operating budget because of
generous donations from North America. This assistance, which comes from organizations and individuals in the
USA, Canada and Western Europe, means that LCC does not pass these costs onto students. The money students pay
go directly towards educational costs alone: textbooks, library resources, student services, salaries, and campus
operating costs.
FUNDRAISING AND DONORS
The President of LCC together with the Senior Development Ocer make personal visits and send letters of appeal
to current and potential donors in order to ask them for donations. Currently, we have many donors who give in a
range of $20-400 a month and we also have a few who give above $50,000 a year. Most of our donations come from
our former and current board members as well as former and current faculty and sta. Alumni giving is becoming
stronger each year. In addition, many donations come from people who learn about LCC from the university's
stakeholders and become passionate about its mission.

STUDENT FINANCIAL SERVICES

MISSION STATEMENT
The Student Financial Services Oce assists student in meeting their nancial obligations to the University by
providing guidance throughout the nancial aid process, awarding grants, and processing and collecting payments.
The oce provides both basic and highly specic information regarding a range of institutional and external aid
sources. The primary objective is to assist students and families in planning for and meeting expenses associated
with attendance of LCC International University.
FINANCIAL AWARDS STATISTICS 2014-2015
264 (63%) students applied for nancial aid for the 2014-2015 academic year 205 (78%) out of those who applied
and 49% out of the whole student body) received nancial support. In addition, 57 students who did not apply for
need based nancial aid were awarded various scholarships.That brings the number of nancially supported
students at LCC to 262 (63% of the whole student body).
Moreover, 31 students received government nancing from Lithuania State Studies Foundation. As a resul, in total
67% of the whole student body receives nancing from various sources.

NEED BASED
GRANTS

MERIT BASED
GRANTS
AND SCHOLARSHIPS

OTHER GRANTS
AND SCHOLARSHIPS

LCC Scholarship

Belarus Scholar Award

Business Department Scholarship
English Department Scholarship
International Scholar Award
Kenneth and Helen Penner Scholarship
Lithuania Scholar Award
LCC Leadership Scholarship
President Leadership Scholarship
Psychology Department Scholarship
Russian Federation Scholar Award
Ukraine Scholar Award

Alumni Scholarship
Basketball Scholarship
Church Partnership Grant
Emergency Aid
Peace Studies Scholarship
Resident Assistant Grant
Sibling Grant
Sta Spouse Grant
Ukraine Emergency Aid

205
STUDENTS

27

STUDENTS

89

STUDENTS

STUDENT FINANCIAL SERVICES

FINANCIAL AID POLICIES

Financial Aid is applied to a students account over two semesters, fall and spring in two equal parts.
Students must be enrolled in at least 24 credit hours per semester to receive an award. If a student enrolls in less
than 24 credit hours in either semester, they will not receive their nancial aid for that semester.
Financial aid cannot be applied to Summer session courses.
Students can receive only one award (this does not apply to the Sibling Grant). If a student qualies for more than
one, he/she will receive the one with the highest monetary value, and the other award will go to the next student
who qualies.
does not receive the nancial aid part that has been allocated for the second semester.
If a student receives nancial aid and then decides to take an academic leave, he/she loses the award. The

semesters if a student takes an academic leave). If students study longer or take a second major, they must nd

FINANCIAL AID APPLICATION PROCESS

In order to receive Financial Aid for 2015-2016 you will have to go through the following steps:
Submit this form to the Student Financial Services oce.

FINANCIAL AID APPLICATION 2015-2016

YOUR PHOTO
To be considered for need-based nancial aid at LCC International University you need
to complete the application form. Please read the application carefully and ll in all the
necessary information.
If you have any questions feel free to contact our Student Financial Services sta
(+370 46 241 398) or email sfscoordinator@lcc.lt.
Last name, First name
Date of birth
Citizenship
Marital status
Current LCC year
Permanent home address
(Street & House No.,
City/Province, Country)
Phone/Mobile number
E-mail address

BUILD A BUDGET
Please indicate what parts of tuition, rent, living and travel expenses you and/or your family can cover without LCCs
assistance. State approximate amounts.

AMOUNT NEEDED
(for your own planning)
Tuition (academic year)

YOURSELF

PARENTS / BENEFACTORS

9,477

Rent or dorm (academic year)

Living expenses (academic year)
Travel (if applicable, academic year)

FINANCIAL INFORMATION
1. Do you plan on living (choose one)
in the LCC dormitory

with your parents

2. Are you nancially dependent on your parents?

in your own/rented at
Yes

No

Please note that if you indicate that you live independently from your parents, you need to show your sources of income on the next page.
Applications that reveal 0 LTL income will not be processed.

3. If you answered YES to #2, please ll in the following table of information. If the parent with whom you currently
live is re-married or lives with a common-law spouse who contributes to your family nances, please include their
information as well. Please use your national currency.

MOTHER

FATHER

REMARRIAGE PARTNER or
COMMON-LAW SPOUSE

Last name, First name

Marital status
Phone number
Place of employment
Position
Ocial monthly
employment income
Monthly government
social assistance
Additional income
(unreported/unocial income,
child support, interest, dividend
income, etc.) Indicate amount per
month and briey explain.

4. Do you have brothers or sisters? If so, please indicate their names and age. If they are studying at a college or
a university, also indicate how much they pay for tuition. Please include ocial documents of annual tuition payment.
LAST NAME, FIRST NAME

AGE

NAME OF THE INSTITUTION

(UNIVERSITY, COLLEGE)

ANNUAL
TUITION PAYMENT

5. Are there any other people who are dependent on your parents for nancial support? Please list these people. If you
claim that other people (not your children) are dependent on your parents, please include their nancial situation
documents as well (recent 12 month period).
LAST NAME, FIRST NAME

AGE

RELATION

6. Do your parents have any loans? If so, briey describe them and include the needed documents (a copy of loan
repayments for 12 months period).

7. If either of your parents jobs are unsecured, or if they are unable to work, please briey explain the situation.

8. Do you have a spouse?

Yes

No
Yes

9. Does your spouse study in a college or a university?

No

Name of the institution (university, college)

Annual tuition payment

10. Are you currently employed?

Yes

No

11. If you are currently employed and/or you have some other nancial income and/or if you are married, please ll
in the following table. Please use your national currency.
YOU

Last name, First name

Place of employment
Position
Ocial monthly employment income
Monthly government social assistance
Additional income
(unreported/unocial income, child
support, interest/dividend income, etc.)
Non-LCC Scholarships, loans
Savings

Non-LCC Scholarships, loans

YOUR SPOUSE / COMMON-LAW SPOUSE

12. Are there any other people that are dependent on you (children and/or other). If you claim that there are people are
dependent on you, please include their nancial situation documents.

AGE

LAST NAME, FIRST NAME

RELATION

13. Please ll in the following table about your Summer 2014 jobs.
WORKED IN SUMMER 2014

Yes

COUNTRY AND INSTITUTION

EARNINGS

SAVINGS

No

14. What are your plans for Summer 2015? Are you planning to work? If yes, where?

15. Check the boxes regarding your familys assets that apply for you:

HOUSE

FLAT

COMPANY

CAR

COMPUTER

PARENTS
YOU / YOUR SPOUSE

Now that you have considered nancial resources in your family, be sure to remember your options such as:
Government loans
Bank loans
Tax refund (only for Lithuanian citizens)
REQUIRED
External
sources such as organizations and foundations

>>

The following is a complete list of documents that you should include along with your application:

REQUIRED

RECEIVED

DOCUMENT

Salary letter from your employer (recent 12 months period)

Salary letter from your spouse employer (recent 12 months period)
Salary letters from your parents employers (recent 12 months period)
A copy of parents Annual Income Tax Declaration for 2014 (GPM 308). NOTE: to prospective
students from Lithuania only.
Salary letter from the employer of the parent's re-marriage partner/common-law spouse
(if applicable - recent 12 months period)
Proof of social assistance or pension (if applicable - recent 12 months period)
Letter from unemployment agency (if applicable - recent 12 months period)
A copy of divorce certicate (if applicable)
A copy of parents death certicate (if applicable)
A copy of loan agreement (if applicable repayments for recent 12 months period)
Document(s) of your dependent(s) nancial situation

I CERTIFY THAT ALL INFORMATION GIVEN IN THIS APPLICATION IS COMPLETE AND TRUE IN EVERY ASPECT.
I UNDERSTAND THAT FALSELY REPRESENTED INFORMATION WILL VOID MY FINANCIAL AID AND COMPROMISE
MY STANDING AS A STUDENT AT LCC INTERNATIONAL UNIVERSITY.

Applicant Signature

Date

Parents/Spouse Signature

Date

Student Financial Services

sfscoordinator@lcc.lt
+ 370 46 241 398
+ 370 46 310 560
Kretingos g. 36, Klaipda, Lithuania
www.lcc.lt/student-nancial-services