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Lee University    
 
    
 
  Jul 27, 2017
 
Lee University Catalog 2012-2013 [Archived Catalog]

Undergraduate Financial Aid


 

 

 Undergraduate Financial Aid

Lee University offers a wide variety of financial aid to eligible students, including endowment scholarships, federal and state grants, loans, employment opportunities and private scholarships, as well as a combination of these programs. Since a large portion of Lee University’s resources for financial aid is tied to federal funding, it is required that eligibility or need be established as an initial step in applying for financial aid.

To determine need, the Free Application for Federal Student Aid (FAFSA) MUST BE FILED through the Federal Processor. This will allow a student to be considered for the range of financial aid options available through the Lee University Financial Aid Office. All information must be received by Lee University before March 15 to be included in the priority group. To expedite the process, file a FAFSA online.

Rights and Responsibilities of Financial Aid Recipients

Along with the monetary awards received by individual students, there are certain other rights and responsibilities to be observed:

  1. Financial aid recipients must be enrolled at least half-time in a degree program. In certain cases, students who are less than half-time may be eligible for the Pell Grant.
  2. Any changes in Federal Work-Study (FWS) placement (or number of hours awarded, etc.) MUST be cleared through the Financial Aid Office prior to changes taking place. Students must have all documents completed and submitted to the Financial Aid Office prior to beginning work. A completed contract, I-9 and W-4 are required prior to working.
  3. All loan recipients must assume repayment responsibility upon leaving school. Prior to graduation (or withdrawal), an exit interview should be scheduled to ensure full understanding of loan terms and repayment provisions (including deferment options).
  4. Financial aid recipients are expected to maintain satisfactory academic progress for continuation of aid.
  5. Students anticipating funds from sources other than the Financial Aid Office should notify the office as soon as an award is made. This includes scholarships, loans, etc. Certain aid may be reduced if total aid exceeds the cost of attendance.
  6. Students planning to withdraw or drop any course work must notify the Financial Aid Office prior to doing so. Students may be asked to repay part or all of any aid received.
  7. Students must re-apply for financial aid each year by submitting the Free Application for Federal Student Aid (FAFSA). The annual re-applying priority deadline is March 15 for fall enrollment.
  8. The Financial Aid Office will process financial aid requests without regard to race, religious affiliation, gender, age, or disability. All funds are subject to individual student need as well as to the availability of funds.
  9. Financial aid recipients must maintain good standing within the university community. The Financial Aid Office reserves the right (on behalf of Lee University) to review and cancel any financial aid award in the event of academic, financial or disciplinary misconduct on the part of the recipient.
  10. Students who have been on chapel probation for three or more consecutive months and are on chapel probation at the end of the semester will forfeit any university-funded scholarships for which they would have otherwise qualified during the following semester.
  11. Students are only eligible to apply Lee University scholarships or tuition discounts toward a maximum of two Lee University off-campus study programs.
  12. Off-campus study programs that are directly sponsored by Lee University and led by Lee University faculty are the only study programs eligible for institutionally-funded aid.
  13. Graduation may impact eligibility for future financial aid.
  14. The Financial Aid Office should at all times have a local phone number and address at which students can be reached.
  15. If family/individual situations change during the school year, the Financial Aid Office should be notified. You may qualify for special conditions revision.
     

Consumer Information

In accordance with the Higher Education Opportunity Act of  2008 (HEOA) consumer information is made available on the Lee University website.

Disbursement of Aid

Financial aid payments to student accounts will begin no earlier than the first day of class. Typically, funds are posted to the student’s account by an electronic means. Due to the volume at the beginning of each semester, it may take up to 2-3 weeks for initial payments or when the funds are released from their originating source. State grants typically arrive mid-semester. Some aid such as Employee Discount and Family Tuition Discount are paid after the fifth week of the semester.

Incomplete files may delay payment of funds. Students should be prepared to cover personal expenses until all aid is disbursed.

Home-Schooled Students

Under the student eligibility provisions of section 484(d)(3) of the Higher Education Act, a student who does not have a high school diploma or GED is eligible to receive Title IV, HEA program assistance if the student “completes a secondary school education in a home-school setting that is treated as a home-school or private school under State law.” Section 484(d)(3) imposes no age limitation on the eligibility of homeschooled students.

An “underage” home-schooled student is considered to be “beyond the age of compulsory school attendance in the State in which the institution is located,” if that State does not consider that student truant once he or she has completed a home-school program; or would not require the student to attend school or continue to be home-schooled.

Global Perspectives

Hours earned from participation in a Lee University sponsored study trip may be considered toward hours enrolled for purposes of applying for federal student financial aid.

Hours earned from participation in an individually Arranged Cross-Cultural trip can only be considered if the attending institution completes a Contracutal Agreement.  For more information, please see the Director of Financial Aid.
 

Professional Judgment

 If you have any unusual family or financial circumstances you feel have not been reflected properly in the determination of your financial need, you are encouraged to contact us. These unusual circumstances may include one or more of the following: loss of job, change in income, divorce, death, and/or private elementary or secondary education costs. If you have additional educational costs that exceed the university’s published cost of attendance, such as child care, computer purchase, study abroad, or additional tuition charges, please contact the Financial Aid Office.

 

Federal Financial Aid Programs

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You must submit the FAFSA application to be considered for these federal aid programs. The FAFSA can be submitted online at www.FAFSA.gov Some aid programs are designated for particular types of students (i.e. undergraduate, graduate, professional) and level of federal need.

Students applying for early admission must meet early admissions standards in order to receive Federal Aid.

The basic eligibility requirements for federal aid are as follows:

  • Demonstrate financial need (except for certain loans).
  • Have a high school diploma, a General Education Development (GED) certificate or complete a high school education in a home school setting that is treated as such under state law.
  • Be working toward a degree in an eligible program.
  • Be a U.S. citizen or eligible noncitizen.
  • Have a valid Social Security Number (unless you’re from the Republic of the Marshall Islands, the Federated States of Micronesia, or the Republic of Palau).
  • Register with the Selective Service if required. You can use FAFSA to register, register online, or you can call 1-847-688-6888. (TTY users can call 1-847-688-2567.)
  • Maintain satisfactory academic progress once in school.
  • Certify that you are not in default on a federal student loan and do not owe money on a federal student grant.
  • Certify that you will use federal student aid only for educational purposes.

For information on all Federal Student Financial Aid Programs click here.
 

Federal Pell Grant Program

This program, previously known as the Basic Educational Opportunity Grant, was established under the Higher Education Act of 1972 and was implemented during the 1973-1974 academic year.

IMPORTANT NOTE: The amount of the student’s award is based on the student’s eligibility index, the cost of attendance, and a payment schedule issued to Lee University from the U.S. Department of Education. The applicant must submit a Free Application for Federal Student Aid (FAFSA). This program is restricted to U.S. citizens, or those in the U.S. for other than temporary purposes, who are undergraduates maintaining satisfactory academic progress.


Federal Supplemental Educational Opportunity Grant Program

Grants ranging from $100 to $500 a year are awarded to students with exceptional financial need who for lack of financial means would not be able to attend college. Supplemental Grants are restricted to undergraduates. A FSEOG may be received through the period required for degree completion.

Federal Work-Study Program

This is a federal aid program administered by Lee University which provides part-time employment on campus for a limited number of students with demonstrated need. Some positions are available through the Community Service Learning Program. Each student worker is normally employed for 10 hours a week at the current minimum wage rate.  Students are paid bi-monthly.  A completed contract, I-9, and W-4 must be completed before starting work.

It is the responsibility of the student to secure a job on-campus.  There is an on-campus listing to assist the student in finding a work study position.

Federal TEACH Grant/Loan Information

Teacher Education Assistance for College and Higher Education (TEACH) Grant

The Department of Education’s TEACH Grant Program provides funds to postsecondary students who are completing or plan to complete coursework that is needed to begin a career in teaching, and who agree to serve for at least four years as a full-time, highly qualified teacher in a high-need field, in a school serving low-income students. Eligible full-time students may receive $4,000 per year in TEACH Grant funds, up to a maximum of $16,000 for undergraduate and post baccalaureate study, and $8,000 for graduate study.

If you receive a TEACH Grant but do not complete the required four years of teaching service within eight years after completing the coursework for which you received the grant, or if you otherwise do not meet the requirements of the TEACH Grant Program, all TEACH Grant funds that you received will be converted to a Federal Direct Unsubsidized Stafford Loan  that you must repay in full, with interest, dating back to the original disbursement date, to the Department of Education. Once a TEACH Grant is converted to a loan, it cannot be converted back to a grant.

 For additional information about the program click here.

Federal Perkins Loan Program

Perkins Loans are available to students who are enrolled on at least a half-time basis (6 semester hours) and who demonstrate a financial need. Subject to the availability of funds, an eligible undergraduate may borrow up to $2,000 per academic year or a maximum of $15,000 in undergraduate studies. While the borrower is at least a half-time student, there is no repayment of the loan and no interest accrues. Repayment of the loan begins nine months after graduation or termination of studies. The interest rate is five percent on the unpaid balance. However, deferments extending the repayment period may be made for a member of the armed forces of the United States, a volunteer under the Peace Corps, a member of VISTA or a full-time law enforcement officer.

Federal Perkins Loan Entrance and Exit Counseling

Federal regulations require all students who participate in the Federal Perkins Loan program to complete Loan Entrance Counselingand Master Promissory Note upon acceptance of the loan.  The Financial Aid Office will notify the student once the loan has been set up and the entrance is available on-line.  Loan Exit Counseling is also necessary for students who have received the Federal Perkins Loan and drop below half-time enrollment status.  An e-mail containing the necessary PIN number will be sent once the Financial Aid office receives notification that the student is no longer enrolled at least half-time.

Federal Direct Stafford Student Loan Program

To apply for a  loan, you must complete the Free Application for Federal Student Aid (FAFSA). You also need to complete a Master Promissory Note and Loan Entrance Counseling if you are a first time borrower at Lee. The Master Promissory Note and Loan Entrance Counseling should be completed online. Repayment on the loan is made to the Department of Education and payments begin 6 months after the student graduates, leaves school, or drops below half time (Half time is 6 hours for undergraduate or 5 hours for graduate). The amount of repayments depends upon the size of the debt, but at least $600 per year must be paid. Deferment from repayment is granted for up to three years while a borrower serves in the Armed Forces, Peace Corps, VISTA or while enrolled full-time. Information and application forms are available online.

 Annual Loan Limits  

 Grade Level
Base Amount
Base Unsubsidized Amount
Additional UNSUB Amounts(Parent Loan Denial or Independent)

Freshman

3500

2000

4000

Sophomore

4500

2000

4000

Junior/Senior

5500

2000

5000

Graduate/Professional

 

8500

12,000


Aggregate Dependent Loan Limits=$31,000
Aggregate Independent & Parent Plus Denial Loan Limits =$57,500  (Sub Portion should not exceed $23000)
Graduate and Professional Loan Limits=$138,500



Federal Direct Stafford Subsidized Loan 

The subsidized loan is a need-based loan. The maximum amount which may be borrowed per year is $3,500 for freshmen, $4,500 for sophomores, and $5,500 for juniors and seniors. The results of your FAFSA determine your eligibility for this loan.

The total amount which may be borrowed for undergraduate study is $23,000.

Federal Direct Stafford Unsubsidized Loan 

A new federal law called the Higher Education Amendment of 1992 created a new program of Federal Unsubsidized Loans for students who do not qualify, in whole or in part, for Federal Subsidized Loans. The terms of the unsubsidized loan are the same as the terms for subsidized Federal  Direct Loans, except that the federal government does not pay interest on the student’s behalf. Monthly or quarterly interest payments may be made during the time of enrollment in school, during the grace period or during any period of deferment or repayment.  

Federal Direct Loan Borrowers Rights and Responsibilities

Rights and responsibilities for Federal Loan Borrowers can be obtained with the consumer information, Student Loan Information, on the Lee University website.

Federal Direct Stafford Loan Entrance Counseling

Federal regulations require all students who participate in one of the Federal Student Loan programs to complete Loan Entrance Counseling. The purpose is to provide loan information to students who anticipate receiving a Federal Student Loan. All first-time borrowers at Lee University are required to complete Loan Entrance Counseling prior to receiving the first disbursement of their loan. 

Federal Direct Stafford Loan Exit Interview

Federal regulations require all students who participate in one of the Student Loan programs to attend an Exit Interview conducted by the Financial Aid Office. The purpose of the Exit Interview is to review loan history and repayment terms with each student borrower. The Exit Interview is required for graduation and must be completed before a diploma will be issued.  An online portion of the Exit Counseling must be completed as well as the meeting.

Federal Direct Plus Loan Program

The Federal PLUS Loan are loans parents can obtain to help pay the cost of education for their dependent undergraduate children. In addition, graduate and professional degree students may obtain PLUS Loans to help pay for their own education. Applications may be submitted online. Graduate students applying for the Federal Direct PLUS loan are required to complete and Entrance Counseling when applying. Exit Interviews are also required for graduate who borrow through this program.  Additional information about this loan program can be found at the Federal Student Aid web page.

 

Loan Repayment Chart 

The below figures are based on a Standard 10 year repayment plan (120 total payments)

The chart amounts are figured on a fixed interest rate.

Amount Borrowed

5% Interest

6.8% Interest

 

Payment

Total Interest

Payment

Total Interest

$5000

$53

$1,364

$58

$1,905

$10,000

$106

$2,728

$115

$3,810

$15,000

$159

$4,092

$173

$5,714

$20,000

$212

$5,456

$230

$7,619

$25,000

$265

$6,820

$288

$9,524

$30,000

$318

$8,184

$345

$11,429

There is no penalty for paying a loan off early. You will save yourself interest.

 Example:

-If you borrowed $20,000 in a Stafford loan with a fixed interest rate of 6.8% and are paying on the standard 10 year plan; minimum payments are $230 a month.

 -If you only make the minimum payments, you will pay $7,619 in interest alone over the 10 year repayment period.

 -If you pay over the minimum amount and paid $270 a month, you will have the loan paid off in 8 years and only pay $5,986 in interest; saving $1,633 in interest payments.

 To calculate your payments you may use the repayment calculator link below. 

Alternative Loans

Sometimes federal student and parent loans are not enough to cover all educational expenses. For this reason, you may consider applying for a private, credit-based loan that may be used as a supplemental resource for paying college costs. Unlike Direct or PLUS loans, Alternative Loans require a separate application, credit check, multiple disclosures and a Self-Certification form. A co-signer may be required if you have less than two years of good credit history. By applying online you will know instantly if you are eligible or if you need a co-signer.  A list of available lenders is provided, but you may apply directly with any lender that you choose.

  

Return of Federal Title IV Financial Aid Policy

The return of unearned Title IV aid is calculated by the Business Office. This calculation applies to any student who meets the following criteria:

  1. The student completely withdraws (officially or unofficially) and
  2. The student received Federal Title IV or state aid (Federal Pell Grant, Federal Supplemental Educational Opportunity Grant, Tennessee Student Assistance Award, Tennessee Hope Scholarship, Federal Direct Loan, Federal PLUS Loan, but not Federal Work-Study).

If a student withdraws, the university is required to calculate the amount of aid earned. Any unearned aid must be returned according to the provisions of the Higher Education Amendments of 1998. The withdrawal date is determined by the Office of Student Life for official withdrawals (see the Undergraduate Academic Section for the policy regarding withdrawing from the University). The withdrawal date for unofficial withdrawals is the last date of recorded attendance or the midpoint of the semester whichever is earlier. The calculation of the return of these funds may result in the student owing a balance to the university and/or the Federal/State Government.

The student will be responsible for any balance due on the account after Title IV funds have been returned.

The institution will be responsible for the return of unearned tuition and fees. To determine the institution’s responsibility, multiply the total amount of institutional charges for the semester by the percentage unearned. Compare this result with the amount of Title IV aid unearned, the lesser amount is the unearned Title IV aid which will be returned by the institution.

The student’s responsibility includes earned Title IV aid due to the lender and any tuition and fees due to the institution. If the student’s portion of unearned Title IV aid is a loan, the terms and conditions of the loan take care of the repayment. If the student’s portion of unearned Title IV aid is a federal grant, the student returns no more than 50 percent of the amount received for the semester.

Re-calculation Formula

  • Percent earned is equal to the number of days completed up to the withdrawal date divided by the total number of days in the semester.
  • The amount of Title IV aid earned is equal to the amount of aid disbursed plus the amount of aid that could have been disbursed times the percentage earned.
  • Federal/State financial aid is returned to the federal/state government based on the percent of unearned aid using the following formula: Aid to be returned is equal to the amount of Title IV earned subtracted from Title IV aid disbursed.

  • Returned aid is credited in the following order:
    • Federal Unsubsidized Direct Loans
    • Federal Subsidized Direct Loans
    • Federal Perkins Loan
    • Federal PLUS Loans
    • Federal Pell Grant
    • Federal Supplemental Educational Opportunity Grant
    • Other Title IV and State aid programs
       

 

Satisfactory Academic Progress Standards      

 All students who receive federal financial aid must be working toward an eligible degree from Lee University.  In order to assure that students make progress the following requirements have been established.  Lee University will utilize the following policy in determining federal financial aid eligibility.  Progress will be evaluated at the end of the academic year or at the end of a term of Financial Aid Probation.

 I.            Definitions

A.          Academic year is fall, spring and summer.

B.          Attempted hours are defined as any course which appears on the transcript. 

C.         Satisfactory grades are A, B, C and D. 

D.         Unsatisfactory grades are W, F, or I.

 II.           Progress Standards

 A.            Quantitative Standard:  Both undergraduate and graduate students must satisfactorily complete 70% of all hours attempted. 

 B.            Qualitative Standard: Undergraduate students must maintain the following cumulative grade point averages to be considered making satisfactory progress.

 Total Hours Attempted                        Minimum Required G.P.A.

0 – 29                                                  1.5

30 – 59                                                1.7

60 – 89                                                1.9

90 – above                                          2.0

Graduate students must maintain a minimum 3.0 grade point average which is the academic standard to remain in the graduate programs.

C.           Maximum hours: Any undergraduate student who has attempted 195 hours or more will not be making progress.

D.           0.0 GPA within a term:  Any student who receives all F’s, W’s or I’s in courses attempted in any semester (fall, spring or summer) will not be making progress.

E.            Transfer students: All transferable credits will be counted toward the maximum number of hours allowed to be eligible for financial aid.  Satisfactory progress will be evaluated at the end of the first academic year attended at Lee University.

 F.            Repeat, Remedial and ESL courses will be evaluated consistent with the academic standards of the University.

 

III.           Review of Eligibility

Satisfactory academic progress is reviewed annually for all financial aid applicants to insure that they meet the required qualitative, quantitative, and maximum time frame standards as outlined in Section II.  Progress will be evaluated at the end of the academic year or at the end of a term of probation. Applicants who do not meet these standards will be notified.

 

IV.          Removal From Financial Aid

 A.            A student who fails to meet any of the above standards of progress will be placed on Financial Aid Suspension. 

 B.            Removal from financial aid does not prevent the student from enrolling at Lee University if:

·         the student has an alternative method of payment and

·         if the student meets the academic requirements to re-enroll.

 V.            Appeals

Students placed on Financial Aid Suspension can appeal to the Financial Aid Office.    Reasons that may be acceptable for the appeal are:

·         serious illness or accident on the part of the student;

·         death, accident or serious illness in the immediate family;

·         financial difficulties forcing incomplete and premature withdrawal;

·         other extenuating circumstances directly affecting academic performance.

 The appeal must be submitted in writing and be accompanied by appropriate supporting documents.  These will be reviewed weekly by the Financial Aid Satisfactory Academic Progress Committee.  Students will be notified in writing of the Appeal Approval or Appeal Denial.

 

VI.          Reinstatement of Financial Aid

 A.            If an appeal is approved the student will be granted one semester of Financial Aid Probation.  The student can continue to receive financial aid during this one semester of probation.  During the term of probation the student must enroll in a minimum of nine hours and pass all courses attempted with a minimum 2.0 semester G.P.A. to be considered making successful academic progress for subsequent review of financial aid eligibility.

B.            A student who is removed from financial aid and/or whose appeal has been denied may be eligible to have his/her financial aid reinstated if he/she enrolls without financial aid in a minimum of nine hours one semester and passes all courses attempted with a minimum 2.0 semester G.P.A.  It is the student’s responsibility to inform the Financial Aid Office if this requirement has been met.

 

 

State Financial Aid Programs 

Tennessee Teaching Scholars Program

The Tennessee Teaching Scholars Program was established by the Tennessee General Assembly in 1995 to encourage exemplary students to enter the teaching force. Participation in this forgivable loan program is limited to college juniors, seniors and post-baccalaureate candidates admitted to a teacher education program in Tennessee. Recipients of the awards incur an obligation to teach one year in a Tennessee public school for each year the award is received or repay the loan with substantial interest. Applications are available online.

Tennessee Student Assistance Award (TSAA)

The Tennessee Student Assistance Corporation (TSAC) is a non-profit organization established by the Tennessee General Assembly to further post-secondary education opportunity for Tennessee residents. In administering the Tennessee Student Assistance Award, TSAC reviews all Tennessee resident applicants who are enrolled in an eligible post-secondary institution. The award for full time enrollment is $4,000. Students apply for the TSAA by completing the Free Application for Federal Student Aid. These funds are exhausted very early in the award process.  Tennessee families with financial need are encouraged to submit the FAFSA by February 1st.  Families may be required to use estimated tax information to meet this early application time frame. Following the submission of the FAFSA, TSAC will review the student’s application based on family need in the same manner as the Pell Grant. For more information click here.

Tennessee HOPE Scholarship

Tennessee residents who graduate from high school in 2012 are eligible to apply for a Hope Scholarship. The award amount is up to $2750 per semester for a four-year institution (not to exceed the cost of attendance). To receive the award, students must have been a Tennessee resident for at least one year prior to September 1, 2012.

Class of 2011 applicants should have one of the following:

  • minimum ACT score of 21
  • minimum SAT score of 980
  • overall unweighted GPA of 3.0 or higher.

GED graduates must have a minimum GED score of 525. Home-school graduates without a GED must have a minimum ACT score of 21 or a minimum SAT score of 980.

Application is made with the submission of the Free Application for Federal Student Aid (FAFSA) by the priority deadline of September 1. For additional information, contact the Tennessee Student Assistance Corporation at 1-800-342-1663. Information on enrollment, continued eligibility, and appeal requirements for the HOPE scholarship can be found at the Lee Univeristy website

Tennessee Minority Teaching Fellows Program

This award is for entering freshmen with a 2.5 high school GPA on a 4.0 scale. Recipients must score at least 18 on the ACT or 850 on the SAT or be in the top 25% of their high school class. Recipients must also agree to teach at a K - 12 level in a Tennessee public school one year for each year the award is received. The annual maximum award amount is $5,000 with a lifetime maximum of $20,000. The application deadline is May 15. For more information contact your high school guidance counselor or TSAC at 1-800-342-1663 or click here.

 

Other State Scholarship and Tuition Grant Programs

Many states now have scholarship or tuition grant programs. In most states, these scholarships or tuition grants may be used only for attendance at post-secondary educational institutions within the particular state. A few may be used for attendance at any school. To obtain the particulars of these programs, contact your high school counselor or state student assistance agency.

 

Delaware residents should contact:
 

Delaware Department of Education
John G. Townsend Building
401 Federal Street
Dover, DE 19901
302-735-4000
www.doe.k12.de.us

 

Maine residents should contact:
 

The State of Maine
Finance Authority of Maine
5 Community Drive
P.O. Box 949
Augusta, ME 04332-0949 
207-623-3263 or 1-800-228-3734 
E-mail: education@famemaine.com 
www.famemaine.com

 

Pennsylvania residents should contact:
 

Pennsylvania Higher Education Assistance Agency             
Pennsylvania State Grant Program or Special Programs                                        
P.O. Box 8157                                               
Harrisburg, PA 17105-8157                         
1-800-692-7392
www.pheaa.org

 

Rhode Island residents should contact:
 

Rhode Island Higher Education Assistance Authority
560 Jefferson Blvd.
Suite 100
Warwick, RI 02886-1304
401-736-1100 or 1-800-922-9855
www.riheaa.org
 

 

Tennessee residents should contact:
 

Tennessee Student
Assistance Corporation
404 James Robertson Parkway
Suite 1510, Parkway Towers
Nashville, TN 37243-0820
615-741-1346 or (800) 342-1663
e-mail: TSAC.Aidinfo@tn.gov
http://www.tn.gov/collegepays/

 

Vermont residents should contact:
        Vermont Student Assistance Corporation
        VSAC-Grants
        10 East Allen Street
        Post Office Box 2000
        Winooski, VT 05404
        1-800-882-4166 or 802-654-3750
        e-mail: info@vsac.org
        http://services.vsac.org
 
   

 

Robert C. Byrd Honors Scholarship Program

Recipients of this award must utilize the award in the same year of their graduation or receipt of their GED. Students must have achieved a 3.5 GPA on a 4.0 scale in high school or have an average GED score of 57 or higher. Students must also have at least a high school 3.0 average and be in the top quartile nationally (24 ACT; 1090 SAT) on the ACT or SAT. The $1,500 is renewable annually for a total of four years. The application deadline is April 1. Contact your high school guidance counselor or state agency for additional information.

Vocational Rehabilitation Benefits

Students should contact their local office of Vocational Rehabilitation, Department of Human Services, to see if they qualify for any educational assistance.

Lee University Scholarships

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Academic Scholarships

The Centennial, Presidential and Dean’s scholarships are awarded to first-time freshmen each year based upon ACT or SAT scores. Composite scores for scholarship consideration are taken only from a single test date, and tests must be taken on one of the published national test dates set by The College Board. Students who take the ACT residual test on campus are NOT eligible for academic scholarship consideration. Each academic scholar must maintain a full-time Lee University undergraduate class load of 12-17 semester hours each semester. Academic scholarships do NOT cover the cost of summer camps or Summer Honors. Students older than traditional high school graduates are eligible for academic scholarships if they are first time college attendees.

Institutional Scholarships (including academic scholarships and employee tuition discounts) can not be applied toward only one Lee University off campus study programs during a student’s enrollment at Lee.

Centennial Scholarship is awarded to any student who has graduated from an approved high school and who scores 32-36 on the ACT or 1410-1600 (Math and Critical Reasoning only) composite score on the SAT. Those students who qualify must carry more than 11 credit hours per semester and maintain a 3.0 cumulative GPA or higher in order to continue receiving the award. The scholarship is distributed in two phases. In the first phase, all Centennial Scholars receive an amount equal to standard tuition. This phase lasts for the recipient’s freshman year. The second phase is in effect from the recipient’s sophomore year until he or she graduates. In the second phase, Centennial Scholars are separated into two categories, Centennial Gold and Centennial Silver. Those Centennial Scholars with a cumulative GPA of 3.0 to 3.69 will be designated as Centennial Silver.

Those with a cumulative GPA of 3.7 and above will be designated as Centennial Gold. A Centennial Silver Scholar receives an amount equal to half-tuition for each semester that he or she qualifies. A Centennial Gold Scholar receives an amount equal to full-tuition for each qualifying semester. If at any time the student should lose the scholarship for falling below the 3.0 or the 3.7 cumulative grade point requirement, it can be reinstated at either level once the GPA is equal to or above the original level. This scholarship can be used in any semester including the summer (must take 4 credit hours in any one summer session), but not after graduation. The Centennial Scholarship is awarded in place of, not in addition to, the Honor Scholarship. If a student enrolls in another college/university before attending Lee University, this student will forfeit his or her eligibility for the Centennial Scholarship. This scholarship is awarded by the Office of Admissions.

Presidential Scholarship is awarded to any student who has graduated from an approved high school and who scores 27-31 on the ACT or 1250-1400 (Math and Critical Reasoning only) composite score on the SAT. This guaranteed scholarship award is $10,000 for the first year (two semesters) and $6,000 for the second year (two semesters).  During the second year, Presidential Scholars are eligible for the Honor Scholarship in addition to the second year award, if he or she meets Honor Scholarship requirements. Students who enroll in another college/university before attending Lee University forfeit eligibility. Presidential scholarships are awarded by the Office of Admissions.

Dean’s Scholarship is awarded to any student who has graduated from an approved high school and who scores 24-26 on the ACT or 1130-1240 (Math and Critical Reasoning only) composite score on the SAT. This scholarship award is $7,000 for the freshman year (two semesters). Students who enroll in another college/university before attending Lee University forfeit eligibility. Dean’s scholarships are awarded by the Office of Admissions.

Honor Scholarship is awarded to any incoming applicant or returning student who has passed a minimum of thirty (30) semester hours, has a cumulative GPA of at least 3.7, and who is currently enrolled as a full-time undergraduate student. The scholarship provides the amount of $2,000 for the semester awarded. This scholarship can be utilized in an unlimited number of semesters as long as all criteria mentioned above are met. The Honors Scholarship can be awarded to second year Presidential Scholarship recipients. Students enrolled in the Division of Adult Learning or students who have already graduated with a bachelor’s degree are not eligible for this scholarship. This scholarship is awarded by the Office of Records.


 

Asian Pacific Scholarship Program

The purpose of the Asian Scholarship Program is to help expand partnerships & recruitment opportunities with specific Asian countries that were established by Lee University through the Asian study grant initiative. The program will provide (10) student scholarships to international students from various Asian countries. Eligible scholarship recipients are students coming to Lee for the first time beginning August 2010 from these targeted Asian countries: China, Japan, Korea, Taiwan, and Thailand.  The recipient of the scholarship shall be a full-time undergraduate or graduate student in good standing, pursuing a degree from Lee University. All recipients will be selected by a committee on the basis of provisions listed herein; academic achievement, talent, or leadership experiences.

Scholarship Stipend
Each recipient will be awarded $7,000 per year or $3,500 per semester. Any remaining cost, including books, would be covered by the student. Summer classes are not covered by this program. The award will apply for fall and spring semesters only. The scholarship shall be identified as the Asian Pacific Scholarship. The number of awards shall be limited to ten total students for any given semester. Students receiving this award are limited to (8) semesters.

Selection
Applications received by December 1 and May 1 of each year would be considered for available scholarships. The selection of the scholarship recipients is wholly and strictly the responsibility of the Lee University Asian Pacific Scholarship selection committee.

Eligibility Requirements
In the selection of the scholarship recipients, major consideration will be given to the potential academic performance and talent or leadership ability of each applicant.  This scholarship shall be awarded to a full-time undergraduate or graduate student enrolled in any academic program.  First priority will be given to Asian students who are from the specific countries outlined above. Application deadline for the January semester is December 1 and May 1 for fall semesters.  Two letters of recommendation are required for each applicant.

Students awarded must provide the following:

  • Completed admissions application form
  • Official records of previous academic work. Copies must be certified as true copies by an official of the educational institution. Official secondary school or preparatory school records. All transcripts must be translated into English.
  • A TOEFL (Test of English as a Foreign Language) score must be officially reported by the Education Testing Service if the applicant is from a non English-speaking country. Lee University’s institutional number is 1401.
  • All undergraduate applicants must submit an official American College Testing score (ACT) or SAT scores from the College Board. 
  • A sponsor’s guarantee form and bank statement, documenting that there is sufficient financial resources for twelve months of study including travel expenses. This is a United States government regulation that is strictly enforced by Lee University.
  • A signed Estimate of Expenses form, which is provided in our international student packet, is also required. 
  • Once accepted, Lee requires an advance deposit of $3,400 U.S. dollars to confirm the enrollment. The US Immigration I-20 form will be sent by international express mail after the deposit has been paid.


Cancellation Provisions
If a scholarship recipient withdraws from Lee University or fails to remain eligible for continuing his or her studies, eligibility for this scholarship becomes invalid.

 

Hicks Scholars Program

The Hicks Scholars Program honors the memory of the late B.L. Hicks. It has been funded by a gift from members of the Hicks family. Each year 14 one-year scholarships are awarded, granting $1,500 to a sophomore selected for the honor by the faculty of his/her academic discipline as directed by the department chair. These 14 winners are announced in April of each year. (Winners may not be Centennial Scholars or children of Lee faculty.)

Hicks Scholars will be expected to volunteer for a work assignment within the department for five hours each week under the supervision of the chair.

Hicks Scholars will be selected in the following areas:

  • History
  • Elementary Education
  • English 
  • Psychology
  • Sociology/Anthropology
  • Business
  • Communication
  • Special Education
  • Physical/Secondary Education
  • Computer Information Systems
  • World Languages
  • Biology/Chemistry
  • Mathematics
  • Political Science

Leadership Scholarship Program

The Roberson Memorial Leadership Scholarship Program annually awards 25 scholarships of $2,000 each to applicants who have shown outstanding leadership ability in high school or college. Special consideration will be given to students who have demonstrated successful leadership, character and service in school activities, church ministry or community service programs. Inquiries or questions can be answered by the Admissions Office. Scholarship Applications and letters of recommendation should be submitted to the Office of Admissions by March 15.

Lettie Pate Whitehead Scholarship Program

The Lettie Pate Whitehead Scholarship Program awards 17 scholarships of $2,000 each. In accordance with the guidelines prescribed by the Lettie Pate Whitehead Foundation, scholarships will be awarded to women who reside in one of nine specified states - Georgia, North Carolina, South Carolina, Virginia, Louisiana, Mississippi, Alabama, Tennessee and Florida. Recipients will be chosen primarily on the basis of need, with consideration given to academic merit and character. The Scholarship Application must be submitted to the Office of Admissions by March 15.

Music Scholarships

Presser Undergraduate Scholar Award

The Presser Undergraduate Scholar Award is awarded annually to the School of Music’s most outstanding music major at the end of the student’s junior year for use in his/her senior year.  The Presser Scholar is selected by the music faculty whose choice shall be guided solely by consideration of excellence and merit.  The student selected is identified by the music faculty and the decision communicated by the Dean of the School of Music to the Presser Foundation with a brief statement about the student.  The award is granted for one year.

In addition, music scholarships are awarded to students demonstrating performance ability in applied music. Interested individuals should write to the Dean, School of Music, Lee University. Performance scholarships are also available from each of the performing ensembles. Contact music@leeuniversity.edu for more information.

Natural Sciences and Mathematics Scholarship

Tucker Foundation Scholarship

The Tucker Foundatioin Scholarship will be awarded each year to an outstanding student in the Department of Natural Sciences and Mathematics.  The Chair of the Department of Natural Sciences and Mathematics will accept recommendations from the science and math faculty and will nominate the Tucker Scholar at the end of his/her junior year to the Student Aid Committee.  The Tucker Foundation Scholarship recipient will be chosen based on outstanding academic achievement, with consideration given to financial need and priority given to students who graduated from an East Tennessee high school.  The scholarship will be applied to the recipient’s tuition and expenses for his/her senior year.  A plaque in the science/mathematics building will honor the Tucker Scholars by recognizing the Tucker Foundation and listing the name of each scholarship recipient by year. 

Phi Theta Kappa Scholarship

The Phi Theta Kappa Scholarship is a $4,000 scholarship for the first year, renewable up to one year, totaling $8,000. There is no deadline and no limit on the amount of scholarships awarded. This scholarship cannot be combined with the John D. Nichols or Community College Graduate Scholarship, but it is possible to receive both the PTK and the Honors Scholarships. The Scholarship Application must be submitted to the Office of Admissions. Readmitting students and students who have attended another institution since completing their Associate’s Degree are not eligible for transfer scholarships.

Requirements:
• Associate’s Degree
• 3.5 Cumulative GPA
• Current Phi Theta Kappa Membership
 

State Alumni Chapter Scholarship Funds

State Alumni Chapter Endowed Scholarship funds are available from the following State Alumni Associations: Florida, Georgia (North), Georgia (South), Delmarva-D.C., Western North Carolina, South Carolina, Tennessee and Virginia. These State Alumni Scholarships have been endowed by each State Alumni Association. Selection of the scholarship recipients will be made by the Lee University Student Aid Committee from recommendations received from the State Alumni Associations. Application for these scholarships should be made through the respective state alumni chapters.

Tennessee Scholar Program

Selection will be based on academic merit, potential leadership and financial need.  Scholarship recipients are chosen based upon the following criteria:

  • Your scholarship eligibility is determined by your name appearing on the Certified TENNESSEE SCHOLAR list sent to Lee University by the Cleveland/Bradley Chamber of Commerce representative which verifies that you have completed all requirements
  • Only applicants with an ACT composite score of 18 to 23 are eligible to apply. If you have a 24 composite or higher - you are already eligible for one of our other academic scholarships
  • Applicants must have a minimum cumulative GPA of 2.5 (based on a 4.0 scale.)

Three scholarships of $2500 are awarded annually.  Scholarship applications and letters of recommendation should be submitted to the Office of Admissions by March 15. 

Theatre Talent Scholarship

Theatre Talent scholarships are available to Theatre majors. Talent Scholarships are awarded based on financial need and talent.  The number and amounts vary each year.  Students may audition in person or send in a taped audition.  There is also a short application that must be submitted. Additionally, theatre faculy have a time for auditions during Lee Day.  To receive information about the scholarships please contact the Communication Arts Department main office, Dixon Center 101 or e-mail theatre@leeuniversity.edu.
 

Transfer Scholarships

Community College Graduate Scholarship

This award is in the amount of $3,000 and is awarded for one academic year to transfer applicants who have been offered admission to Lee University, are graduates of a community college, have a minimum grade point average of 3.00 on a 4.0 scale and are enrolled for full-time (12 credits or more) study at Lee University. Applicants must transfer to Lee after graduation without attending another community college to be eligible and must not be a readmitting student. Final community college transcript with graduation date is required for scholarship eligibility. Applicants must be offered admission for fall or spring semester to qualify.Cannot be combined with the John D. Nichols Scholarship or Phi Theta Kappa. The Scholarship Application must be submitted to the Office of Admissions.

John D. Nichols Scholarship

This award is in the amount of $2,000 and is awarded for one academic year to transfer applicants who have been offered admission to Lee University, have completed 30 semester hours, are transferring from a two-year or four-year institution with a minimum grade point average of 3.00 on a 4.0 scale and are enrolled in full-time (12 credits or more) study at Lee University. To be eligible all final college transcripts with cumulative GPA are required. First-time freshman with dual enrolled hours and readmitting students are not eligible for the award. Applicants must be offered admission for fall or spring semester to qualify. Cannot be combined with the Community College Graduation Scholarship or Phi Theta Kappa. The Scholarship Application must be submitted to the Office of Admissions.

Community Scholarships

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100 Black Men of Bradley County Scholarship

Lee University will offer a $1,000 annual, renewable scholarship to a male or female applicant of color. Applicants must be full-time students, Bradley County residents, U.S. citizens and maintain a minimum 2.5 GPA. Applications may be obtained by writing to the 100 Black Men of Bradley County, Inc.; P.O. Box 5656; Cleveland, TN 37320-5656.

100 Black Men of Bradley County 2 + 2 Scholarship

The 2 + 2 Scholarship is a two-year full-tuition scholarship less any federal or state grants the student is eligible to receive. Applicants must be graduates of Cleveland State Community College, full-time students, and maintain a minimum 2.5 GPA. Recipients must apply for federal aid by submitting the FAFSA to determine eligibility. Recommendations will be made by the 100 Black Men of Bradley County, Inc.

Bradley Initiative for Church and Community Scholarship

The BICC Scholarship is a two-year full-tuition scholarship for members of minority ethnic groups or to students pursuing the Intercultural Studies major. Primary consideration will be given to full-time juniors or seniors who have been residents of Bradley County for a minimum of one year and maintain a minimum 2.5 cumulative GPA. Applications are available at BICC; P.O. Box 5404; Cleveland, TN 37320.

Endowment Scholarships

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Applicants must complete the Lee University Endowment Scholarship Application online prior to the March 15 priority deadline. Student may view a list and description of the Endowment Scholarships on the Lee University website. Recipients must be enrolled full-time and attending the main Cleveland campus with a minimum 2.5 cumulative GPA. Students receiving full-tuition discounts are not eligible for endowed scholarships. The Lee University Student Aid Committee is wholly responsible for the selection of the endowment scholarship recipients. In this selection, academic and leadership qualities are considered, but the major consideration is given to financial need. Students may receive only one endowed scholarship per academic year. Scholarships will be discontinued any time a recipient withdraws from Lee University or fails to meet requirements regarding academic progress or chapel probation.

 

Institutional Loan Programs

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Winters Foundation Revolving Fund Program

Due to an initial contribution from Dan and Mary Nell Winters, Lee University established a Winters Foundation Loan Program. Any enrolled student with bona fide need may apply for a short-term 90-day loan. A graduated service charge of $10 for $200, $15 for $300, and $20 for $400 is applied.

Collection Procedures Due Diligence

Program Statement of Purpose: Lee University is genuinely concerned that the students of this institution have accessible to them an appropriate short-term loan program. It is a requirement of the Lee University institution to establish active procedures insuring the repayment of temporarily lent funds. As good stewards, efficiency and due diligence are essential to quality institutional programs, utilizing the Due Diligence Program of Collections as outlined by the National Association of Secondary School Financial Aid Administrators and the National Association of College and University Business Officers. The collection procedure will be administered systematically, uniformly, and with empathy and compassion. Individual cases that warrant extraordinary actions of deference will be reviewed with Christian care.

Veteran Educational Benefits

Lee University has been approved by the Tennessee Higher Education Commission each year to be able to certify eligible veterans and dependents for educational benefits. Each student who thinks that he/she is eligible for veterans’ educational benefits can call 1-800-827-1000 for current VA information. This number is available from any location in the United States and will connect the caller to the nearest regional office. For more information, click here. Lee University’s Veteran Affairs is available to help eligible students through tht process of obtaining Veterans Benefits.

Montgomery GI Bill (Chapter 30)

The Montgomery GI Bill, known as the MGIB, is a program of educational benefits for individuals who entered active duty for the first time after June 30, 1985, and who received an honorable discharge. Active duty includes full-time National Guard duty performed after November 29, 1989. To receive the maximum benefit, the participant generally must have served continuously for three years.

Montgomery GI Bill (Chapter 1606)

MGIB-SR (Montgomery GI Bill-Selected Reserve Educational Assistance Program, chapter 1606, of title 10, U.S. Code) is an educational benefits program. This program is for members of the Selected Reserve. The Selected Reserve includes the Army, Navy, Air Force, Marine Corps, Coast Guard, Army National Guard and Air National Guard. The reserve components decide who is eligible for the program.

Vocational Rehabilitation Assistance (Chapter 31)

Vocational Rehabilitation is a program of services for service members and veterans with service-connected physical or mental disabilities.

Post-Vietnam Era Veterans’ Educational Assistance Program (Chapter 32)

Under VEAP, active duty personnel voluntarily participated in a plan for education or training in which their savings were administered and added to by federal government. Service persons were eligible to enroll in VEAP if they entered active duty for the first time between January 1, 1977 and June 30, 1985. Please visit or call 1-888-442-4551 for questions concerning eligibility and enrollment.

The Post-9/11 GI-Bill

Beginning August 1, 2009 the Post-9/11 GI Bill provides financial support for education and housing to individuals with at least 90 days of aggregate service on or after September 11, 2001, or individuals discharged with a service-connected disability after 30 days. The Post-9/11 GI Bill also offers some service members the opportunity to transfer their GI Bill to dependents. Approved training under the Post-9/11 GI Bill includes graduate and undergraduate degrees, and vocational/technical training.

This Post 9-11 GI Bill will pay eligible individuals:
· Tuition & fees directly to the school not to exceed the maximum in-state tuition & fees at a public Institution of Higher Learning.
· For more expensive tuition, a program exists which may help to reimburse the difference. This program is called the “Yellow Ribbon Program”.
· A monthly housing allowance based on the Basic Allowance for Housing for an E-5 with dependents at the location of the school.
· An annual books & supplies stipend up to $1,000 paid proportionately based on enrollment.

Yellow Ribbon Program (Chapter 33)

The Yellow Ribbon G. I. Education Enhancement Program covers situations where an institution’s tuition and fees exceed the maximum public in-state amount. Under this program, the federal government will match dollar-for-dollar any institutional contributions made to help eligible veterans cover any tuition and fee costs in excess of the maximum in-state public college tuition amount.

Only veterans who are eligible to receive 100% of the benefit rate provided under the bill many participate in the Yellow Ribbon program. To be eligible for 100% of the benefits, an individual must have served at least 3 years on active duty in the Armed Forces beginning on or after September 11, 2001, or have served at least 30 continuous days and been released for a service-connected disability. For further information please contact the Assistant Vice President for Enrollment.

Dependents’ Educational Assistance Program (Chapter 35)

This program provides education and training opportunities to eligible dependents of certain veterans. Students who want to check to see if they are eligible under this program should get a copy of the veteran’s service dates and the VA file number and then call the regional office.

Home-Schooled Students

Under the student eligibility provisions of section 484(d)(3) of the Higher Education Act, a student who does not have a high school diploma or GED is eligible to receive Title IV, HEA program assistance if the student “completes a secondary school education in a home-school setting that is treated as a home-school or private school under State law.” Section 484(d)(3) imposes no age limitation on the eligibility of homeschooled students.

An “underage” home-schooled student is considered to be “beyond the age of compulsory school attendance in the State in which the institution is located,” if that State does not consider that student truant once he or she has completed a home-school program; or would not require the student to attend school or continue to be home-schooled.

Financial Aid Budgets

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2012-2013

 

(9 Months)

 

 

 

 

Commuter
(with parents)

 

On-Campus

 

Off-Campus

Tuition
Fees
Room
Board
 

$12,720
       550
1,800
1,500

 

$12,720
650
3,950
3,248

 

$12,720
550
6,730
4,400

Sub-Total  

16,570

 

20,568

 

24,400

             
Personal
Travel
Books/Supplies
 

1,200
1,530
1,100

 

1,712
1,820
1,100

 

2,500
2,800
1,100

             
Total Budget  

$20,400

 

$25,200

 

$30,800

Note: These are estimated Cost of Attendance figures which are used for Financial Aid purposes.

IF YOU HAVE ANY QUESTIONS ABOUT FINANCIAL AID, PLEASE COME BY THE FINANCIAL AID OFFICE IN THE CENTENARY BUILDING (ROOM 217) OR CALL 423-614-8300 OR 800-533-9930. Email address: finaid@leeuniversity.edu

 

 

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