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Summer 2013 Financial Aid


Steps to apply for Summer Aid

1. You must be registered for summer classes. A minimum of 6 hours is required to receive aid (all classes you intend to take May, June, and July.

2. Have a current 12-13 FAFSA completed (most continuing students will already have one filled with the Department of Education)

3.Fill out the Summer Aid Request Form (this form is not available until April 5th). This is the form you will need to fill out to receive summer loans, academic scholarships, and summer Hope Scholarships.

4. Once you have filled out your Summer Aid Request Form your aid will be offered to you in myLipscomb and you will then have to log in a accept your offer.

ATTENTION: Your form will not be evaluated unless you are registered for all of your classes!!!!!

Click here to fill out the Undergraduate Summer Aid Request Form

Click here to fill out the Graduate Summer Aid Request Form


Financial aid is available to assist in offsetting the cost of taking classes during the summer months.


Academic Scholarships


Most academic scholarships apply toward summer tuition on a per semester rate using the following schedule:


Summer Hours Taken
Academic Scholarship % Applied
12+ hours 100%
9-11 hours 75%
6-8 hours 50%
1-5 hours 0%


Stafford Loans
 

Students should also be aware that the amount of earned hours you have may impact the amount of Stafford Loans you can obtain in the next semester. The table below provides the guideline. For example, if after the freshman year a student has earned less than 30 hours, the student will only qualify for $2,750 in Stafford Loans for the fall semester rather than the $3,250 for students who have earned between 30 and 59 hours. So, taking summer classes may help you get the hours you need to qualify for the higher level of financial aid. Classes taken in the summer semester can affect eligibility for awards already offered for fall if the GPA changes. 

Hours Earned Stafford Loan Amount*
< 30 $2,750
30-59 $3,250
> 60 $3,750

HOPE Scholarship

Students who first received the HOPE scholarship in the fall semester of 2009 or thereafter are now eligible for an additional $2,000 beginning in the summer of 2012. If you are enrolled in a 4-year institution (Lipscomb University) full time (12 hours) and meet the HOPE criterea you can receive $2000 in Hope Scholarhip for summer classes. A pro-rated amount can be awarded to those students who are enrolled in less than 12 hours.


Summer Hours Taken

Scholarship % Applied

12+ hours 100%
9-11 hours 75%
6-8 hours 50%
1-5 hours 0%

To view Undergraduate Summer Tuition Rates click HERE

 

For more information on Summer tuition and scholarships, please review the Lipscomb Summer Program.