Financial Aid
The purpose of Student Financial Services is to be consistent with the mission of Lindsey Wilson College by providing financial counseling and assistance to students in a caring and concerned manner consistent with the standards set forth by appropriate accrediting and governing bodies. Our function is to promote scholarship, grant, loan and employment opportunities for qualified and deserving students. We are committed to assisting students to fund their college education through financial aid such as scholarships, grants, loans and federal work study programs. In order to be eligible for financial aid, students must complete the Free Application for Federal Student Aid (FAFSA) every year. The priority deadline is October 31 of each year. PRIORITY DEADLINE FOR FAFSA
Contact Information
Location: Elizabeth Lowe Whitfield BuildingPhone: 270-384-8022
Fax: 270-384-8503
E-mail: financialaid@lindsey.edu
Access your financial aid account: Banner Web
Hours of Operations
(All Times Central)Monday - Friday
7:30 a.m. - 4:30 p.m.
7 a.m. - 4 p.m. (Summer)
Saturday, Sunday
Closed
Frequently Asked Financial Aid Questions
- How do I apply for Financial Aid?
- What is the deadline to apply for Financial Aid?
- What is a FSA ID?
- Why can't I use my Federal Student Aid PIN?
- My parents don't support me financially. Can I apply as an independent student?
- You must turn 24 before January 1 of the academic year that you are applying for.
- Be a Graduate/Professional student.
- Be married.
- Have children who receive more than half of their support from you.
- Have dependents (other than your children/spouse) that live with you and receive more than half of their support from you.
- Be an orphan or ward/dependent of the court.
- Be a veteran of the United States Armed Forces.
- You are or were an emancipated minor as determined by a court in your state of legal residence.
- You are or were in legal guardianship as determined by a court in your state of legal residence.
- Your high school determined that you were an unaccompanied youth who was homeless in the year before you are applying for financial aid.
- A director of an emergency shelter or transitional housing program funded by the U.S. Department of Housing and Urban Development determined that you were an unaccompanied youth who was homeless in the year before you are applying for financial aid.
- A director of a runaway or homeless youth basic center or transitional living program determined that you were an unaccompanied youth who was homeless or was self-supporting and at risk of being homeless in the year before you are applying for financial aid. If you do not meet any of the criteria listed above, but can document extreme family circumstances that prevent you from obtaining your parents information/support, you may file for a Dependency Override with the Financial Aid Office for a possible reevaluation of your status.
- My parents are divorced. Whose information do I need to use?
- Can I receive financial aid from more than one institution at the same time?
- Do I have to reapply for financial aid every year?
- How many hours do I need to take to be a full time undergraduate student?
- What does verification mean?
- Who is KHEAA Verify?
- How do I contact KHEAA Verify?
- When do I have to start paying on my student loans?
- How do I know how much I have borrowed in student loans? To whom do I make my loan payments?
- You must complete the FAFSA, the Free Application for Federal Student Aid at www.fafsa.ed.gov. There is not a fee to complete and submit the FAFSA.
- The priority deadline for Kentucky Residents to receive a Kentucky Tuition Grant and College Access Program Grant is October 31.
- An FSA ID is a username and password that you must use to log in to certain U.S. Department of Education (ED) websites. Your FSA ID identifies you as someone who has the right to access your own personal information on ED websites such as the Free Application for Federal Student Aid (FAFSA®) at www.fafsa.ed.gov.
Your FSA ID is used to sign legally binding documents electronically. It has the same legal status as a written signature. Don't give your FSA ID to anyone-not even to someone helping you fill out the FAFSA. Sharing your FSA ID could put you at risk of identity theft
Parents of dependent students are required to have their own FSA ID to sign the child's FAFSA electronically. If you have more than one child attending college, you can use the same FSA ID to sign all applications. Please note: Each FSA ID user must have a unique e-mail address.
- The FSA ID replaced the Federal Student Aid PIN. If you already have a PIN, you can link your information to your new FSA ID by entering your PIN while registering for your FSA ID. (This will save you time when registering for your FSA ID.) However, a PIN is not required to create an FSA ID.
- In order to be considered independent for financial aid purposes you must meet one of the following criteria:
- You should use the parent who provides the most support for you. Please keep in mind that if your parent is remarried, you must also include your step-parent's financial information on your FAFSA.
- No. You can only receive Financial Aid from one institution at a time.
- Yes, you must complete the FAFSA every year.
- 12 hours per term is considered full time.
- Verification is the confirmation through documentation that the information provided on a student's Free Application for Federal Student Aid (FAFSA) is correct. The federal government requires colleges and universities to verify or confirm the data reported by students and their parent(s) on the FAFSA.
- Kentucky Higher Education Authority (KHEAA) is a third party servicer who processes verification for Lindsey Wilson College.
- You can call KHEAA Verify at 1-855-272-8771 or visit www.kheaaverify.com.
- Direct loans have a grace period of six months. You must start paying on your direct student loans six months after you graduate, leave school, or drop below half-time status.
- Information on your federal loan debt, such as loan holder information, which program you borrowed from, and how much you have borrowed is available at the National Student Loan Data System (NSLDS) website www.nslds.ed.gov. Click on 'Financial Aid Review' and enter your personal information including your U.S. Department of Education FSA ID. If you don't have one, you may apply for one at fsaid.ed.gov. If you do not have internet access, you can identify your loan holder by calling 1-800-4-FED-AID.
Sources of Aid
FederalState
Institutional
Types of Aid
Loans & GrantsFederal Employment Work Study Program
Academic Scholarships
Other Scholarships
General Information
Lindsey Wilson College's financial aid program offers a variety of federal, state, and institutional funds. Financial aid awards may include grants, loans, and student employment. Scholarships may also be awarded to degree-seeking students based on their financial need and/or academic achievement. Applications for admission will be reviewed for scholarship eligibility. All financial aid programs administered through the college require acceptance for admission to the college and completion of the Free Application for Federal Student Aid (FAFSA). Students who complete these requirements and, if necessary, the verification process by November 1 receive priority. Applications submitted after that date will be subject to availability of funds. Each applicant will be notified of financial aid eligibility. Awards will be made to qualified students until funds are depleted. Students who are not eligible for federal programs due to default status or drug-related charges or who are rejected by the federal government for other reasons will not be eligible to receive any financial assistance. Students who are enrolled simultaneously in a bachelor or master's degree program and a certificate program are eligible for federal financial assistance if they meet the eligibility requirements for Title IV aid. Students who are enrolled in a certificate program and who are pursuing a bachelor or master's degree are eligible for federal financial assistance if they are enrolled at least half-time and if they meet the eligibility requirements for Title IV aid.-
Note: Institutional grants and scholarships are awarded only in amounts equal to the direct educational assistance needed for the academic year at hand. Direct educational expenses at Lindsey Wilson College are defined as tuition and fees, in addition to room and board for residential students. Institutional grants and scholarships are awarded, according to individual need, after federal and state awards have been made. Institutional grants and scholarships will be adjusted to prevent over-awarding.
Financial Aid Satisfactory Progress Policy
Students may receive federal financial aid as a full-time or part-time student. Part-time attendance will be prorated accordingly. To remain eligible, the student must meet the conditions of minimum acceptable academic progress. Students placed on probation will lose financial aid eligibility unless they appeal their probation, and have a plan to achieve good academic standing. See the applicable section of this catalog, Minimum Acceptable Academic Progress.Academic Standing
Student Rank
A student's academic rank or classification is determined by the number of hours earned indicated as follows:Hours Earned
1-2324-54
55-90
91+
Rank
FreshmanSophomore
Junior
Senior
Minimum Acceptable Academic Progress
Federal regulations require that all students who receive any federal or state financial assistance make measurable academic progress toward a degree at Lindsey Wilson College. Progress is determined quatitatively (hours attempted versus hours earned and time frame) and qualitatively (grade point average or GPA). A student's academic performance will be reviewed at the end of the fall, spring, and summer semesters. A student must meet minimum acceptable academic progress by complying with the standard in order to achieve and/or maintain good academic standing. Any student with a 0 to 1.0 term GPA may be placed on probation or suspended. The minimum acceptable GPA for undergraduate students is 1.5 after two semesters and 1.75 after three semesters. From the completion of the fourth semester of enrollment through graduation, the minimum acceptable GPA for undergraduate students is 2.0. Note: Compliance with standards of minimum acceptable academic progress does not imply that students meet program criteria applicable to particular major fields. In addition, student athletes must adhere to the standards of their individual sports program in order to maintain athletic eligibility.Required GPA
1.501.75
2.00
Earned Credit Hours
1-2324-47
48 and above
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Note: Federal Financial Aid regulations mandate that students who are placed on probation must appeal their probation and have an approved plan to return to good academic standing in order to retain financial aid eligibility.
- During the suspension term, the student cannot take classes. The suspended student may write a letter to the Admissions Committee requesting readmittance to the college. The letter should outline a plan for being successful upon return to the college. Readmittance should not be assumed. Students readmitted after a suspension will be on probation for the first semester of reenrollment.
- Student placed on suspension have the right to appeal. Student appeals to the Academic Affairs Council will be reviewed individually according to the following considerations:
- Past performance;
- Mitigating circumstances (e.g., health, family, personal considerations);
- The performance trend as reflected in the GPA performance over earlier semesters;
- Achieving the minimum GPA for the student's credit hour standard as defined above;
- Performance/compliance within the programs assigned as condition of probation; and
- Other individual circumstances and considerations.
Other Causes for Academic Suspension
Students who demonstrate a callous disregard for learning as stated in the Student Codes section of The Student Handbook may be subject to suspension by the Academic Affairs, in conjunction with either the vice president for Student Services & Enrollment Management or the dean of students. In addition, students who commit academic dishonesty may be subject to suspension or expulsion from the college (see Academic Integrity policy).Readmission after Academic Suspension
Students may be reviewed for readmission to the college after serving the semester-long suspension through application to the Admissions Committee at the A.P. White Campus in Columbia. The readmission decision will be based upon students' compliance with conditions of suspension, evidence suggesting potential for improvement, and/or other individual factors. Readmission to the college is not guaranteed and should not be assumed. Students readmitted after a suspension will be on probation for the first semester of reenrollment.Academic Bankruptcy Policy
A student may write a letter to the Registrar's Office requesting academic bankruptcy under the following conditions:- If fewer than three calendar years have elapsed since the semester for which the student seeks to declare academic bankruptcy, the student may declare bankruptcy for all coursework taken during that semester, provided that the student has successfully completed at least 18 credit hours at the College since the semester for which bankruptcy declaration is sought. None of the coursework, including coursework that was successfully completed, taken during the semester for which bankruptcy is requested will be counted in the student's cumulative GPA or hours earned.
- If more than three calendar years have elapsed since the semester(s) for which the student seeks to declare academic bankruptcy, the student may declare bankruptcy for one to three semesters provided that the student has successfully completed at least 18 credit hours at the College since the most recent semester for which the student seeks to declare bankruptcy. None of the coursework, including coursework that was successfully completed, taken during the semester for which bankruptcy is requested will be counted in the student's cumulative GPA.
- Students who declare bankruptcy during their college career are not eligible to graduate with honors.
Petitions for Exceptions to Academic Policies
Petitions requesting exceptions to academic policies are written to the Academic Affairs Council and must be accompanied by a letter of support from the advisor. Petitions must be submitted by November 1 for consideration during the fall semester and by April 1 for consideration during the spring semester.Forms
Tax Return Transcript Verification
Federal Tax Returns are not an acceptable form of documentation for students who are selected for verification. You must provide an IRS Tax Return Transcript or complete the IRS Data Retrieval process.Tax Return Transcript
Obtain an official copy of your Tax Return Transcript by one of these three methods:Visit www.irs.gov and follow the instructions. Call 1-800-908-9946 and follow the voice prompts. OR Complete and mail a 4506T-EZ or 4506-T form to the IRS. You must wait at least two weeks after electronically filing your tax return before requesting a Tax ReturnTranscript.
IRS Data Retrieval
Go to www.fafsa.gov to make a correction to your FAFSA application. Link to the IRS website to retrieve your tax information. Follow instructions to resubmit you FAFSA.General Financial Aid Forms
Winter 2020 Financial Aid Request FormYOU MUST PRINT OUT THIS FORM, COMPLETE & EMAIL IT DIRECTLY TO MICHELLE LARIMORE AT larimore@lindsey.edu.
This form is for students who are interested in financial aid for 2020 winter classes. IRS: Request a Free Tax Transcript
Use this form to request a Tax Return Transcript from the IRS. Special Circumstances Form
Please contact the office of Student Financial Services if you are requesting a Special Circumstance Form. Endowed Scholarship Application
This form is for full-time, undergraduate students who wish to apply for additional scholarships.
Federal Work Study Forms
Federal Work Study HandbookFederal and state programs provide part-time employment opportunities for students who need financial assistance. Employment in the College's federal work study program takes place mostly on campus and is based on need. You will need to present your original social security card OR birth certificate AND driver's license before you can begin work in the Federal Work Study program.
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Federal Work Study Application
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You have the option to submit online.
Federal Work Study Check Disbursement Form
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You have the option to submit online.
Federal Work Study Handbook
I-9 Form K-4 Form W-4 Form