Louisiana Financial Aid - Funding My Future

Financial Aid

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Funding My Future

Most Louisiana high school graduates are eligible for some form of merit- or need-based financial aid. Students can apply for state and federal financial aid by submitting the Free Application for Federal Student Aid (FAFSA), which can be used at four-year universities, two-year community colleges, and technical training programs. The FAFSA is used to determine the amount of money a family is expected to contribute to the price of attending a postsecondary institution, and the results of the FAFSA are used in determining student grants, work study, and educational loan amounts.


LOUISIANA’S FINANCIAL AID ACCESS POLICY

Louisiana requires public school students to take one of the following steps:

  1. Submit the FAFSA;

  2. Apply for TOPS;

  3. Submit an opt-out non-participation form or letter; or

  4. Receive a waiver through the school system.


FINANCIAL AID PLANNING Resources

The Department has committed to the following measures to ensure the effective implementation of the financial aid access policy:

  • creating a Louisiana Counselor Assistance Center;

  • providing data on FAFSA application completion rates among all seniors in the district; and

  • offering grants to school systems for developing or purchasing capacity to counsel families directly on financial planning for postsecondary education.

See how your school’s FAFSA completion rate compares to others in your area by viewing the current tracker or visiting LOSFA’s Compete to Complete website.

Find financial aid events in your area on the Regional Financial Aid Calendar of Events.

Visit the LDOE Financial Aid Library to download financial aid resources for students, families, and schools.

Watch short, informative videos on the Federal Student Aid YouTube channel.

Got a burning FAFSA data question? Check out our frequently asked questions.


Financial Aid Working Group

To ensure that parents, students, and school systems have a forum to provide feedback on financial aid access and supports, the Department organized the Financial Aid Working Group – a diverse group of stakeholders with an interest in increasing access to postsecondary education for Louisiana students.

The group developed a state action plan, recommended policy changes, identified support services and programs, assisted the Department in the development of partnerships and alliances with various stakeholders, and presented a final report. The group also publishes the annual State of Financial Aid in Louisiana.

Please email LDEFinancialAid@la.gov for more information.