… the full cost of attending college. The basis for such assistance is the belief that the students (and their contributors) have the primary responsibility for meeting their educational costs. … Is financial aid money that I have to pay back? … … Review our 2024-2025 LACCD Loan Guide . … What can I do to avoid unnecessary delays in the processing of my financial aid application? … Most importantly, apply early to avoid the financial aid application processing rush. We highly recommend that … each academic year? … Yes. A separate financial aid application must be completed for each academic year. Financial aid applications from prior years may not be used to apply for aid for the current year. A good habit to have is remembering that …