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Financial
Aid
Programs
Available
Financial Aid Web
site
Foundation Web site
Financial Aid to meet the
costs of attending LHU is
available from a variety of
programs. The majority of
these programs provide funds
based on computed financial
need, but some
non-need-based programs are
also available.
Need-based financial aid
includes:
Grants
(Gift aid with no repayment
or work requirement)
State
Federal
Loans
Federal Perkins Loan Program
A long term, low interest
program with repayment
following graduation or
termination of enrollment.
Federal Family Education
Loan Program (FFELP)
A federally insured program
for students who borrow
through a commercial lending
institution. A long term,
low interest program, with
repayment following
graduation or termination of
enrollment. Consists of the
following individual
programs:
Federal Stafford Loans
Federal Supplemental Loans
for Students
Federal PLUS Loan (Parent
Loan)
Federal Stafford Loan
Federally insured
student loan program, with
borrowing through
a commercial lending
institution. Long term, low
interest, with repayment
following graduation or
termination of enrollment.
Emergency Loans
Short term, available
through the LHU
Foundation.
Student Employment
(On-campus work during
school enrollment)
Federal Work Study Program
(FWSP)
Campus Employment Program
The following financial aid
programs are available on
both need and non-need
basis:
Scholarships
A number of
scholarships (restricted and
unrestricted) are made
available to both incoming
and presently enrolled
students by the
LHU
Foundation, a
charitable non-profit
corporation established to
accept gifts and bequests
for the benefit of the
University and to administer
them according to the
donor's wishes. For
detailed information about
the Foundation and the
different types and amounts
of scholarship awards
available for both freshmen
and currently enrolled
students, please contact
Student Financial Resources
or the
Admissions Office.
The
Mary Ann Fox Scholarship
awards are made to graduates
of any high school in
Lycoming County or Clinton
County, Pennsylvania who are
of good character and whose
financial conditions are
such that they could not
otherwise attend college.
The awards are made annually
but subject to renewal, in
varying amounts, depending
on the applicants'
justification of need and
the amount of money
available in the scholarship
fund. These awards are
limited to use at four
institutions: The
Pennsylvania State
University, Lock Haven
University, Lycoming
College, and Bucknell
University. The scholarship
applications are available
through the President's
Office at LHU at the
beginning of February each
year.
In
addition, two and three-year
scholarships are available
through the
Department of Military
Science.
Information about these
scholarships is available by
contacting the Office of
Military Science.
Athletic Grants
LHU
provides grants-in-aid to
outstanding student athletes
at a level compatible with
available funding. The
Department
of Athletics, through the
LHU Foundation, assists men
and women athletes with
their educational
expenses. The amount
of aid available varies from
program to program and
within NCAA limitations.
Applying for Financial Aid
To
apply for financial aid, all
students must complete the
Free Application for Federal
Student Aid (FAFSA).
Pennsylvania residents
should complete this form as
provided by the Pennsylvania
Higher Education Assistance
Agency and at the same time
complete any supplemental
forms required by the
Pennsylvania State Grant.
Residents of all other
states may complete any
version of the FAFSA
available to them and
should also apply for the
state grant
of their own
state according to required
procedures. Applications
should be submitted by
April 1 for the following
Fall semester. In addition,
all students requesting
financial aid must complete
the University application
form, which is mailed to all
enrolled students and to all
new applicants to the
University. Awards are
generally made and notices
sent after May 15.
Detailed information on aid
eligibility and the awarding
process
is available in a separate
financial aid publication. This
may be obtained on request
from either the Financial
Aid Office or the Admissions
Office. The awarding
criteria are adjusted each
year based on the
availability of funds and
other factors. This
information is available in
the Financial Aid Office for
review
upon request.
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Applying for Financial Aid
Financial Aid
site
To
apply for financial aid, all
students must complete the
Free Application for Federal
Student Aid (FAFSA).
Pennsylvania residents
should complete this form as
provided by the Pennsylvania
Higher Education Assistance
Agency and at the same time
complete any supplemental
forms required by the
Pennsylvania State Grant.
Residents of all other
states may complete any
version of the FAFSA
available to them and should
also apply for the state
grant of their own state
according to required
procedures. Applications
should be submitted by April
1 for the following Fall
semester. In addition, all
students requesting
financial aid must complete
the University application
form, which is mailed to all
enrolled students and to all
new applicants to the
University. Awards are
generally made and notices
sent after May 15.
Detailed information on aid
eligibility and the awarding
process
is available in a separate
financial aid publication.
This may be obtained on
request from either the
Financial Aid Office or the
Admissions Office. The
awarding criteria are
adjusted each
year based on the
availability of funds and
other factors. This
information is available in
the Financial Aid Office for
review
upon request.
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Updated
as of 12/07/2007 |