LATI Financial Aid Information

This page contains information on:

  • Applying for Financial Aid
  • Types of Financial Aid Available
  • Help for the Direct Stafford/Plus Loan
  • Alternative Loans
  • Part-Time Jobs
  • Other Agency Sources
  • Other Important Information

 

See also Frequently Asked Questions about Financial Aid

Applying For Financial Aid

To apply for federal financial aid, you must complete the Free Application for Federal Student Aid (FAFSA). Click here to access the FAFSA or go to www.fafsa.gov.

Lake Area Technical Institute Federal School Code for the FAFSA is 005309

LATI does not award your financial aid file until you have been accepted for admission. Please make sure the Admissions Office has all of the required paperwork and that you have taken any required admission tests.

To contact the LATI Financial Aid Office, please call 605-882-5284 or toll-free 800-657-4344.

  • Ext. 255 – Marlene Seeklander
  • Ext. 254 – Carrie Jordanger
  • Ext. 274 – Nancy Gilbertson

 

Types Of Financial Aid Available

The FAFSA determines eligibility for the following federal programs (click below for more info):

 

Help for the Direct Stafford and Direct Plus Loan

Students:

  1. This link will take you to studentloans.gov
  2. Once there: Sign in using your FAFSA PIN.
  3. You will be required to complete a Master Promissory Note. First time borrowers are also required to complete Stafford Loan Entrance Counseling.

 

Parents:

  1. This link will take you to studentloans.gov
  2. Sign in using your FAFSA PIN.
  3. Select “Complete PLUS Request Process”.
  4. If credit is approved, you can complete a “PLUS Loan Application” and “Master Promissory Note” by clicking on “Sign Master Promissory Note.”
  5. If you are denied the PLUS during the preapproval process, you will be notified. The student is then eligible for an additional unsubsidized Stafford loan up to $4,000. You can also reapply with an endorser or appeal the denial.

 

Alternative Loans

Alternative loans are offered by several lenders through their own private loan programs. Click here to learn more about the alternative loan lenders we work with, and/or to apply for an alternative loan. You can also contact the Financial Aid Office for more information.

Part-Time Jobs

If you are interested in a part-time job that is not based on eligibility for Federal Work Study, please visit the South Dakota Department of Labor and Regulation Office, located in Student Services on the LATI campus.

Other Agency Sources

LATI also works with the following agencies and programs to assist in providing funding for our students:

 

Other Important Information

The following is information we are required to have available to you. You can click on the topic below to read more information.