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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.


Contact Information

Location: Elizabeth Lowe Whitfield Building
Phone: 270-384-8022
Fax: 270-384-8503
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

Frequently Asked Financial Aid Questions

  1. How do I apply for Financial Aid?
    • You must complete the FAFSA, the Free Application for Federal Student Aid at There is not a fee to complete and submit the FAFSA.

  2. What is the deadline to apply for Financial Aid?
    • The priority deadline for Kentucky Residents to receive a Kentucky Tuition Grant and College Access Program Grant is October 31.

  3. What is a FSA ID?
    • 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

      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.

  4. Why can't I use my Federal Student Aid PIN?
    • 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.

  5. My parents don't support me financially. Can I apply as an independent student?
    • In order to be considered independent for financial aid purposes you must meet one of the following criteria:
      • 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.

  6. My parents are divorced. Whose information do I need to use?
    • 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.

  7. Can I receive financial aid from more than one institution at the same time?
    • No. You can only receive Financial Aid from one institution at a time.

  8. Do I have to reapply for financial aid every year?
    • Yes, you must complete the FAFSA every year.

  9. How many hours do I need to take to be a full time undergraduate student?
    • 12 hours per term is considered full time.

  10. What does verification mean?
    • 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.

  11. Who is KHEAA Verify?
    • Kentucky Higher Education Authority (KHEAA) is a third party servicer who processes verification for Lindsey Wilson College.

  12. How do I contact KHEAA Verify?
    • You can call KHEAA Verify at 1-855-272-8771 or visit

  13. When do I have to start paying on my student loans?
    • 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.

  14. How do I know how much I have borrowed in student loans? To whom do I make my loan payments?
    • 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 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 If you do not have internet access, you can identify your loan holder by calling 1-800-4-FED-AID.

General Information

Lindsey Wilson College's financial aid program offers a variety of federal, state, and institutional funds. Financial aid packages may include grants, loans, and student employment. Scholarships may also be awarded to 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 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.

    Note: 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. All 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.

No student will receive more than one institutional academic scholarship. Except for the Begley Scholarship program, all tuition scholarships and grants will cover only the first 12-18 hours each fall and spring semester. Students must pay for any hours more than 18.

Institutional grants and scholarships are available for eight consecutive semesters for bachelor's degree programs and four consecutive semesters for associate's degree programs, when all other restrictions are met. Only those students enrolled full-time on the A.P. White Campus in Columbia are eligible for institutional grants and scholarships unless otherwise noted. All institutional scholarships and grants are subject to change without notice.

In accordance with federal regulations for students receiving federal assistance, Lindsey Wilson College has a policy concerning a drug-free environment. This policy is available for review in the Office of the Vice President for Administration & Finance.

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




Minimum Acceptable Academic Progress

A student's academic performance will be reviewed fall and spring semesters based on grade point average (GPA). Normal academic progress, based on GPA, will be determined after each semester based on cumulative hours attempted. 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 0.5 term GPA may be suspended.

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


Earned Credit Hours

48 and above

Students must also earn 66.7% of hours attempted each term. Students can receive financial aid for up to 150% of the hours required for the degree, including grades of W, F, I, repeats, and transfer hours (80 hours for bachelor's degree-seeking students; 90 hours for associate's degree-seeking students).

Minimum acceptable academic progress, based on GPA and on quantitative measure of percent of attempted hours that were earned, will be determined after each semester based on cumulative hours attempted. Students failing to meet minimum acceptable academic progress, as outlined above, are subject to the following sanctions.

Warning Semester: Students who fall below the minimum acceptable standards for academic progress for the semester will be placed on warning for the following semester. During the warning term, sanctions may include repeating of courses, limitation of credit hours, structured study times in the Academic Success Center, development of individual learning contracts, adjustment of housing assignments, or limitation of participation in non-class, College-sponsored activities. Student status will be reviewed at the end of the warning semester.

Probation Semester: At the end of the warning semester, students who continue to fall below the minimum acceptable standards for academic progress will be placed on probation. Probation sanctions may include those named in the warning sanctions, as well as financial aid sanctions. While probation is in effect, a student is subject to suspension from the College at any time when, in the opinion of instructors and the Vice President for Academic Affairs or Associate Academic Dean, the student's academic effort or social conduct fails to demonstrate a responsible approach to studies. Student status will be reviewed at the end of the probation semester.

    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.

Suspension Semester: At the end of the probation semester, students who continue to fall below the minimum acceptable standards for academic progress will be suspended from the College for a semester. When this happens, a student has the following options for gaining reinstatement:

  1. During the suspension term, the student cannot take classes. The suspended student may write a letter to the Admissions Committee requesting re-admittance to the College. The letter should outline a plan for being successful upon return to the College. Re-admittance should not be assumed. Classes taken at another college or university during the suspension semester will not be accepted as transfer credits to Lindsey Wilson College.
  2. A student who is suspended for a fall or spring semester can be reinstated for the following term by enrolling in and successfully completing three to six credit hours with a grade of C or higher. Students suspended for the fall term may enroll in three hours during the winter term, and students suspended during the spring term may enroll in three to six hours during the summer. If a student successfully passes the course or courses with a C or better, the student will be permitted to enroll the next fall or spring semester.
  3. If taking a class or classes during the winter or summer term is not an option, a student may write a letter of appeal to be reinstated for the next semester. Letters of appeal are less likely to result in reinstatement than committing to academic work as outlined in number 2. 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
    • 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 Office, together 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 readmitted to the College after a semester 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.

Academic Bankruptcy Policy

A student may write a letter to the Registrar's Office requesting academic bankruptcy under the following conditions:

  1. 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.
  2. 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.
  3. Students who declare bankruptcy during their college career are not eligible to graduate with honors. When academic bankruptcy is declared, the term "Academic Bankruptcy" will be reflected on the transcript for each semester affected. The phrase "Academic Bankruptcy Implemented" will be stamped on the transcript for the semester in which bankruptcy is implemented. Students may declare academic bankruptcy only once. Students should be aware that academic bankruptcy may not be recognized by graduate or professional schools.

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 adviser. Petitions must be submitted by November 1 for consideration during the fall semester and by April 1 for consideration during the spring semester.

Drug Violations Penalties and Financial Aid Eligibility

Under Section 485 and 484r of the Higher Education Act, students become ineligible for federal student aid upon conviction during any period of enrollment of any offense involving the possession or sale of illegal drugs. Federal aid includes Federal Pell Grants, Federal Work Study, Federal Supplemental Educational Opportunity Grants, Federal Direct Loans, Federal Direct PLUS Loans, Federal Direct Graduate PLUS Loans, Federal TEACH Grants and Perkins Loans.

The FAFSA asks if the student has ever been convicted of a drug related offense. Failure to answer the question will automatically disqualify the student from receiving Federal Aid. Answering this question falsely, if discovered, could result in fines up to $20,000, imprisonment, or both.

Penalties for Drug Convictions

Ineligibility Period for Possession of Illegal Drugs (controlled substance):

  1. First offense: 1 year from the date of conviction
  2. Second offense: 2 years from the date of conviction
  3. Third offense: Indefinite ineligibility from the date of conviction

Ineligibility Period for Sale of Illegal Drugs (controlled substance):

  1. First offense: 2 years from date of conviction
  2. Second offense: Indefinite ineligibility from the date of conviction

How to Regain Eligibility

If a student successfully completes a drug rehabilitation program, he or she can regain eligibility for federal student aid funds as of the day the student successfully completes the program.

To be sufficient to reinstate financial aid eligibility, the program must:

    Include at least 2 unannounced drug tests
    be recognized as a Federal, State, or local government agency program


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 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 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

Summer 2020 Financial Aid Request Form
This form is for students who are interested in financial aid for 2020 Summer 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 Handbook

Federal 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.

Net Tuition Calculator

The Net Tuition Calculator is not an application for financial aid, it is designed only to provide an estimate of your financial aid eligibility. This questionnaire is not appropriate for determining eligibility for international students.