Financial aid: federal, state, institutional

Lynn University participates in most Title IV financial aid programs. The purpose of these programs is to supplement the resources of applicants and their families. Financial aid awards are made on the basis of need, and applicants must file a financial statement reflecting the family’s resources. Since financial aid is limited, applicants are encouraged to apply as early as possible (preferably by March 1 for entrance the following academic year). Tentative awards are made when the student has filed all required forms and the analysis of need has been received from the Federal Processing Center. Aid is generally awarded in a combination of loans, employment and/or grants. Students also are encouraged to apply for state grants or loans open to them and to investigate educational loans from the federal government.

Types of financial aid

Applicants do not apply for the various types of awards individually. The university determines the types and amounts of awards based on the amount of aid available in the various programs and the family's expected contribution.

Outside sources impact on financial aid

Students who receive financial assistance awards or scholarships from outside sources may not receive funding from such sources that, in combination with University assistance, exceed the direct cost of tuition and fees as determined by the Financial Aid office.

Financial aid – Free Application for Federal Student Aid (FAFSA)

For all financial aid programs, the Free Application for Federal Student Aid (FAFSA) form must be completed and submitted to the Federal Processing Center. After approximately five (5) days, an electronic report will be sent to the student and Lynn University. The university will then determine the student’s eligibility for institutional need based grants, federal work-study and federal loan programs. The student will receive an electronic award letter from Lynn University. All verification items (financial and eligibility status) must be completed before loan applications are submitted for processing. Students may apply at studentaid.gov (studentaid.gov) . Federal loans and veterans programs are also available for graduate students. Certificate programs do not qualify for federal funding. International students are not eligible for federal financial aid.

Applying for Fina

1. All domestic applicants for admission are requested to complete a Free Application for Federal Student Aid (FAFSA). This can be done online at studentaid.gov. The FAFSA should be filed by March 1 each year in order to be considered for all aid the following year.
2. The FAFSA must be submitted online to the appropriate processing agency. The agency will process this form and send the university an electronic report stating what the family can be expected to contribute towards the educational costs for the year.
3. Students should make sure that their transcripts and recommendations are on file at the university. Financial aid decisions are not made until students have been accepted to the university.
4. When students have been accepted and the financial analysis has been received from the processing agency, the university determines the financial aid award and notifies the students electronically.
5. Students are notified of their awards through the Electronic Student Aid System (ESAS). Students will have access to their estimated awards, notation of missing documents needed to finalize the awards and the College Financing Plan which lists costs and awards. If a student wishes to accept the award, he/she must submit all required forms indicated on their award.
6. Before federal financial aid funds can be credited to a student's account, information submitted on the FAFSA is sometimes selected by the Department of Education to be verified. The university is responsible for coordinating this federal verification process. In order to verify the family's financial situation, Lynn
7. University’s partner, the Kentucky Higher Education Assistance Authority (KHEAA), may request a copy of the parents’ and student's tax return transcript and other pertinent information. All financial aid is awarded on the condition that the above information is provided when requested. Failure to submit verification documents by November 1 for the fall term or March 1 for the spring term will result in the loss of pending federal or institutional need based aid for those terms.
8. Upon receipt of all information, it is reviewed and compared with the information noted on the need analysis. If this new information changes data previously submitted by the family, a revised financial aid award may be sent. Timely response to requests will avoid delays in an accurate assessment of need.

Renewal of financial aid

In order for financial aid to be renewed for domestic students who receive federal and some state aid, a new FAFSA must be submitted each year, preferably by March 1. Students must be in good standing at the university, both academically and behaviorally.

Federal Pell Grant and Federal Supplemental Educational Opportunity Grant (SEOG)

The Pell Grant is a federal aid program for those with substantial need. The grant may be worth up to $7,395 per year depending on the family’s resources and the federal funds actually available. The Pell Grant has a life time eligibility of 600%. This means that a student cannot receive more than six (6) years (12 semesters) of Pell Grant awards. The Supplemental Educational Opportunity Grant provides additional assistance to those with additional need who cannot meet college costs with other forms of aid. The average award is $2,000 per year. The Free Application for Federal Student Aid (FAFSA) is used to determine eligibility for these grants. This is not available to students pursuing a second bachelor’s degree or a master’s degree. Priority is given to students who have a $0 Expected Family Contribution (EFC) as determined from the FAFSA.

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

The TEACH Grant is a federal grant that provides up to $3,772 per year to students who agree to teach for four (4) years at an elementary school, secondary school or educational service agency that serves students from low-income families. The student must agree to teach in a high-need field for four (4) years within eight (8) years after completing or ceasing enrollment in the course of study for which the grant was received. If the service obligation is not met, the grant is converted to a Direct Unsubsidized Loan in which the student must repay the loan. The student must be enrolled in a high need major. More information available at studentaid.gov (studentaid.gov).

Federal Direct Subsidized Loan

A Direct Subsidized Loan is available to students who demonstrate financial need. The maximum amounts are: $3,500 for a first year undergraduate student;

$4,500 for a second year student; $5,500 for a third-year or fourth-year student. For Direct Subsidized Loans first disbursed on or after July 1, 2022, the interest rate is 4.99%. The Direct Loan interest rates are subject to change in June 2023. There is also a Direct Loans origination fee of 1.057% for loans first disbursed after October 1, 2020 (subject to change after September 30, 2023). The Federal government pays the interest on the loan as long as the student is enrolled at least half-time.

Eligibility is based on other sources of financial aid received and a parental contribution factor. Students must accept the Federal Direct Loan award on ESAS and complete the Master Promissory Note available online at studentaid.gov (studentaid.gov) .

Federal Direct Unsubsidized Loan

The Federal Direct Unsubsidized Loan is not based on financial need. A student who wishes to apply for the Direct Loan program and is not eligible based on financial need, or is only partially eligible, may apply for the full or balance of his/her eligibility through the unsubsidized loan program. There will be a fixed rate of 4.99% for undergraduate students and 6.54% for graduate or doctoral students. The Direct Loan interest rates are subject to change in June 2023. There is also a Direct Loans origination fee of 1.057% for loans first disbursed after October 1, 2020 (subject to change after September 30, 2023). The student is responsible for all in school interest, which can be capitalized at the end or paid through the enrollment periods.

If an undergraduate student is not eligible for any Direct Subsidized Loan, the maximum amounts available are: $5,500 for a first-year undergraduate student;

$6,500 for a second-year student; $7,500 for a third or fourth-year student, and $20,500 for a graduate student. Independent undergraduate students and dependent undergraduate students whose parents are denied for a PLUS loan are eligible for an additional $4,000 for the first two (2) years and $5,000 for the last two (2) years.

Applications for this loan are made online through studentaid.gov. (studentaid.gov) Students must accept the Federal Direct Loan award online on ESAS.

Federal Direct Parental Loan for Undergraduate Students (PLUS)

This loan is not based on financial need but must be within the cost of attendance determined by the university. The amount a parent can borrow is the difference between the cost of attendance and financial aid eligibility. For PLUS loans there will be a fixed rate of 7.54%. Repayment begins within 60 days of the full loan disbursement. Direct PLUS Loan interest rates are subject to change in June 2023. There is also a Direct PLUS origination fee of 4.228% for loans first disbursed after October 1, 2020 (subject to change after September 30, 2023). Parents can choose to defer payments until six (6) months after the student ceases to be at least a half-time student. Application forms are available online at studentaid.gov (studentaid.gov).

Federal Direct Grad PLUS Loan

The Federal Direct Grad PLUS Loan is a program sponsored by the federal government for graduate/doctoral students only. A student can borrow up to the cost of attendance less any financial aid eligibility per year. The student must be enrolled at least half time. The student must not have an adverse credit history.

Repayment generally begins 60 days after the final disbursement. Direct Grad Loans are subject to an origination fee that changes each year on October 1st. The fee reduces the amount of funds that are credited to your account. For Grad PLUS Loans, there is a fixed interest rate of 7.54%. There is also a Grad PLUS origination fee of 4.228% for loans first disbursed after October 1, 2020 (subject to change after September 30, 2023).

Student Loan Ombudsman

The FSA Student Loan Ombudsman Group is available to help federal student loan borrowers who need assistance with a loan dispute. The Loan Ombudsman Group should only be contacted when the borrower has already attempted to resolve their loan dispute with their financial aid office or loan servicer. Contact the Loan Ombudsman Group via online assistance at studentaid.gov/feedback-ombudsman/disputes/prepare by phone at +1 877-557-2575, by fax at +1 606-396-4821, or by mail at US Department of Education, Federal Student Aid Ombudsman Group, P.O. Box 1854, Monticello, KY 42633.

Federal Work-Study program

Under the Federal Work-Study program, a student is provided opportunities to work on campus, depending on financial need and the availability of funds. A variety of student job opportunities are posted online, with varying responsibilities and work schedules. To remain eligible for the Federal Work-Study program, students are required to attend an online training workshop on preventing workplace harassment and discrimination, maintain a minimum 2.0 grade point average (GPA), be in good academic standing and have a clean conduct record. Students usually work eight (8) to 12 hours per week. Pay rates start at $11 per hour.

Florida Effective Access to Student Education (FL EASE) Grant

The Florida Effective Access to Student Education (FL EASE) Grant is a state entitlement program which provides funds to Florida residents attending Lynn University regardless of financial need. The program is open to undergraduate students who have lived in Florida on a permanent basis for 12 months prior to the first day of classes for the academic term for which the award is made. Dependent students’ parents must fit this definition. For the purpose of residency, an independent applicant must not be eligible to be claimed as a tax exemption by any person other than a spouse, must be self-supporting for twelve (12) months prior to the first day of classes of the academic term for which assistance is requested, and have the intent, for purposes other than education, that Florida be their legal state of residence. These grants are not repaid. The student should complete the FL EASE application and return it directly to the Financial Aid office. The amount of the FL EASE grant is approximately $2,000 per academic year. A student must be enrolled in 12 credit hours each semester. The student must maintain 24 credit hours each academic year and obtain a cumulative 2.0 GPA each year in order to renew this grant.

Florida Student Assistance Grant

The Florida Student Assistance Grant award ranges from $600 to $1,700 per academic year and are based on financial need with the same residential and academic requirements as the Florida Effective Access to Student Education Grant. The student must file the Free Application for Federal Student Aid (FAFSA) prior to March 1st to be considered for aid for the next academic year. Priority is given to students with a $0 Expected Family Contribution (EFC) as calculated from the FAFSA.

1. Florida Academic Scholars Award

The student must be a graduate of a Florida high school, have obtained a cumulative grade point average (GPA) of 3.5 in the 15 college preparatory courses as identified by the Florida Board of Regents Rule, have an SAT of 1330 or an ACT of 29 or higher and complete 100 hours of community service. National Merit Scholars or graduates of the International Baccalaureate programs are automatically eligible. The award amount is currently $211 per credit (subject to change summer 2023). Applications are submitted directly to the Florida Department of Education. Deadline: prior to high school graduation. Students may apply online at floridastudentfinancialaid.org (http://www.floridastudentfinan...).

2. Florida Medallion Scholars Award

The student must be a graduate of a Florida high school, have obtained a cumulative grade point average (GPA) of 3.0 in the 15 college preparatory courses as identified by the Florida Board of Regents Rule, have an SAT of 1210 or an ACT of 25 or higher and complete 75 hours of community services. National Merit Scholars or graduates of the International Baccalaureate programs are automatically eligible. The award amount is currently $158 per credit (subject to change summer 2023). Applications are submitted directly to the Florida Department of Education. Deadline: prior to high school graduation. Students may apply online at www.floridastudentfinancialaid.org.

For more information on the Florida Bright Futures programs, contact the student’s high school or visit the Florida Bright Futures website at floridastudentfinancialaid.org (http://www.floridastudentfinan...) .

Full-time students must complete 12 credits each semester for renewal the next year. All students who withdraw from a class after the standard drop/add period during the semester will have to pay back the dollar credit given for that course in order to be renewed for the following year. A student who drops or withdraws from a class must successfully complete a number of credits that is equal to the amount for which they were funded. Bright Futures recipients who do not meet the new credit hour renewal requirements will have the opportunity to restore their award in a subsequent academic year. This applies to students who were funded and did not meet the minimum credit hour renewal requirements at the end of the academic year and thereafter. Students must be enrolled at least half- time to qualify for Bright Futures.

Available for undergraduate day division programs only.

Presidential Scholarship

To be considered for this scholarship, students must be an incoming, admitted, first-year full-time student with a high school grade point average (GPA) of 3.65 (on a 4.0 scale) or higher if standardized test scores were not considered for admission or with a high school GPA of 3.5 (on a 4.0 scale) or higher if standardized test scores were considered for admission, along with a minimum SAT score of 1050 or ACT score of 20. Nominees who are invited to apply for this scholarship will receive an application for consideration by February 20, 2022. This scholarship is renewable when a 3.0 GPA is maintained. The value of the scholarship is full tuition (up to 16 credits per semester) and university provided standard room and board.

Top Achievers

A student who is a National Merit Scholar or finalist will receive a full tuition (up to 16 credits each semester) scholarship from Lynn University. This award is renewable when a cumulative 3.5 GPA is maintained. This program is open to international students.

Lynn Merit Scholarship

Candidates must be incoming, admitted first-year full-time students with a high school GPA of 2.0 and above. SAT or ACT scores will be considered if the candidate elected to apply with test scores considered at the time of application. This scholarship is renewable, provided the student maintains the required GPA of 2.0. Scholarships range from $7,000 to $21,000 per academic year.

Transfer Scholarship

Candidates must be incoming transfer students who have successfully completed a minimum of 12 transferable credits. This scholarship is renewable, provided the student maintains the required GPA of 2.0. Scholarships range from $7,000 to $21,000 per academic year.

Lynn University Loan Program

This loan program is awarded based on financial need as determined by the Financial Aid office. Funds for this program are limited. The loan represents money borrowed by the student and must be repaid with interest after leaving the university. The current interest rate is 5%. The student must sign a promissory note for this loan.

University Financial Aid Grant

These grants are awarded to students who demonstrate financial need on the Free Application for Federal Student Aid (FAFSA) application. Award amounts range from $500 to $15,000 per academic year.

Lynn University Grant

Grants are awarded to upperclassmen who are worthy of scholarship consideration and in need of financial assistance. The grant is renewable if the student maintains a 2.75 cumulative GPA. Average award amount is $2,000 per academic year.

Family discount

A discount is provided to immediate family members who are enrolled in credit-bearing classes during the same term. Two (2) family members receive a 10% discount each. Three (3) family members receive a 15% discount each. The discount is applied against the balance of payable tuition. This is available for undergraduate day and graduate programs. A 5% discount is available for family members enrolled in the online bachelor’s program.

Alumni Grant

Lynn will offer any alumnus' dependent children a 10% discount on the cost of tuition less any other institutional aid. Anyone who attended Lynn University and earned 24 or more credit hours is considered to be an alumnus.

Athletic scholarships

Scholarships are available in men’s soccer, baseball, tennis, basketball, lacrosse and golf, and in women’s soccer, tennis, basketball, volleyball, golf, swimming, cross country, volleyball and softball. A 2.0 GPA is required to maintain an athletic scholarship. Awards range from $100 to $56,120 per academic year.

Music scholarships

Scholarships are awarded to students primarily on the basis of musical ability and artistic talent as demonstrated in their audition. Domestic students must complete the Free Application for Federal Student Aid (FAFSA) if they are U.S. citizens. Applicants are encouraged to apply by the priority deadline of Feb. 15 for entrance the following academic year. The scholarship is renewable if the student maintains a 2.75 minimum cumulative GPA each semester; earns a ‘B’ or better in their applied major instrument lessons; and attends classes, lessons, rehearsals, master classes, performance forum, outreach performances, juries, mock auditions and other conservatory performances and activities as required. An evaluation of each student will take place at the end of each academic year by the dean of the Conservatory of Music with the recommendation of the major instrument instructor.

Private scholarships

Scholarships are available from private organizations or individuals for students with academic promise. The selection of recipients and the award amounts are determined by the university.

College of Business and Management

Lynn University Boice Endowed Scholarship

Burton D. Morgan Aeronautics Endowed Scholarship

Robert M. Sandelman Endowed Scholarship

Gloria and Bryan Bourgeois Endowed Scholarship

Kyle Martin Memorial Endowed Scholarship

Aldo & Sandra Papone Endowed Scholarship

Hospitality Management

College of Communication and Design

Lynn Fuente Endowed Scholarship

Runsdorf Endowed Scholarship

The Kenneth and Ruth Feigl Endowed Scholarship in International Communications

College of Education

Vincent J. Capone: Kathleen Weigel Endowed Scholarship

Alana Spillman Endowed Scholarship

The Conservatory of Music

Friends of the Conservatory Endowed Scholarship

The Toppel Family Foundation

Perlmutter Nassau Endowed Scholarship in Composition

Barbara Rothman Orchestra Endowed Scholarship

Donald Baron Scholarship for Oboe

Nettie Birnbach Endowed Scholarship for Piano Education

M. Elizabeth Maddy Cumpton Endowed Memorial Fund

Herbert Gleckman Endowed Scholarship

Shirlees Violin Endowed Scholarship

Ruth Nelson Kraft Scholarship

Nelson Family Scholarship in the Conservatory of Music

Dorothy Polayes Endowed Scholarship

Boca West Scholarship

General

The Stephanie Crispinelli Endowed Memorial Scholarship Lynn University Global Citizenship Memorial Fund

Wold Endowed Scholarship

The Herbert and Holli Rockwell Endowed Scholarship The Snyder Scholarship

Hahn-Block Family Endowed Scholarship Levitetz Family Scholarship

Barbara C. Gutin Scholarship for the Institute for Achievement & Learning

The Alumni Pay It Forward Endowed Scholarship

Quell Bridge The Gap Scholarship

Mary Babione Veccia Endowed Scholarship

Marshall Turkin Honors Scholarship

Martha Gudelsky Endowed Scholarship

One Blood Community Scholarship

The Nabit Family Endowed Scholarship

The Pisani Family Endowed Scholarship for the Institute for Achievement and Learning

Dr. Harold and Janet Wayser Scholarship

Vanessa Wolf Lumsden Endowed Scholarship

Postlewaite Endowed Family Scholarship

American College Dublin

Wold Scholarship

William Randolph Hearst Scholarship

Galena Foundation Scholarship

Martha Gudelsky Endowed Scholarship

Harry Kramer Memorial Fund

Ross College of Education Future Leaders discount

Master’s and doctoral degree-seeking students who are active, full-time employees of an educational institution may qualify for an educational discount of 15% per credit hour. Development specialists may also be eligible. For discount approval, students must submit a current employment verification letter to the Financial Aid office each year.

Criminal Justice /Public Administration discount

Graduate students in the M.S. in Criminal Justice Program or MPA in Public Administration may qualify for a discount of 15% per credit hour. The students in this program must meet one of the following criteria: is sworn as a law enforcement officer for a municipal, state, or federal agency or is employed in the administration of police or security work at the municipal, state, or federal level or through a private agency engaged in the protection of life or property. For discount approval, the student must submit a current employment verification letter to the Financial Aid office each year.

Alumni tuition discount for graduate students

Alumni who have graduated from Lynn University at least five (5) years ago may be eligible for a 10% tuition discount for an eligible graduate program. This discount is not combinable with other discounts.

Standards of Satisfactory Academic Progress for Financial Aid – undergraduate day, online bachelor’s and graduate divisions

Financial aid is awarded contingent upon the recipient maintaining satisfactory academic standing and progress (SAP) toward a degree. Students on federal financial aid (Title IV) will be evaluated annually, both qualitatively and quantitatively, at the end of the spring semester for undergraduate day division students and at the end of the spring II term for online bachelor’s and graduate division students. To assess the quality of a student’s work, Lynn University uses the Fixed Standard which indicates that all students must meet their degree grade point average (GPA) requirement at the end of spring/spring II semester(s). Associate’s/bachelor’s students must have a cumulative GPA of 2.0, master’s degree students must have a cumulative GPA of 3.0 and doctoral students must have a cumulative GPA of 3.25.

Students receiving Title IV funding must complete their degrees within a maximum time frame as shown below. The maximum timeframe is 150% of the published length of the program, measured in credit hours:

Associate’s degree (60 credits hours required)
Maximum timeframe: 90 credit hours
Bachelor’s degree (120 credit hours required)
Maximum timeframe: 180 credit hours
Master’s degree (37 credit hours required)
Maximum timeframe: 54 credit hours
Doctoral degree (51 credit hours required)
Maximum timeframe: 76.5 credit hours

Each Title IV recipient must meet a specific measurement of academic progress within the specified time frame as follows:

Associate’s/bachelor’s degree Full-time: 20 credits (annually)
Part-time: 10 credits (annually)
Master’s degree
Full-time: 24 credits (annually)
Part-time: 12 credits (annually)
Doctoral degree
Full-time: 12 credits (annually)
Part-time: 6 credits (annually)

A course that receives a grade of “W” for a course withdrawal, a grade of “I” for an incomplete, a failing grade of a “F,” or an “NP” for Not Pass will be evaluated as a non-completed course. Non-completed courses will jeopardize the student’s ability to be able to meet the Standard of Satisfactory Academic Progress for Financial Aid.

In order to improve their knowledge of a subject and cumulative GPA, students may elect to repeat a course in which they have earned a less than satisfactory grade, especially a “D” or an “F.” The higher grade will contribute toward the cumulative GPA. Lynn University does allow repetition of a course in a student’s enrollment status for a term as long as the student has never passed the course. Students can retake a passed course once to improve the initial grade and receive Title IV funds. In situations where the course needed to be repeated is no longer available or offered, a similar course may be substituted with the approval of the dean of the college. A course in which a grade of “F” was earned at Lynn University can be repeated only at Lynn University. The repeated course is only counted once in the SAP calculation.

Transfer courses that are completed at another approved university or program while the student is receiving Title IV aid from Lynn University will be counted towards the student’s completion rate. Transfer courses that were completed at another school prior to the student being enrolled as a matriculating student at Lynn University, and that apply to the student’s current degree program, will be counted towards their overall completion rate. Although credits from other institutions transfer, grades do not. Transfer courses are listed on the transcript with a grade of ‘T,’ ‘CP’ or ‘CC.’ A student’s Lynn grade point average is based solely on courses completed at Lynn University.

A student requesting academic forgiveness at Lynn University due to a change in their major, specialization or minor is allowed to discount up to two (2) courses in the abandoned program, but they are not eligible to change their federal status for meeting the Standards of Satisfactory Academic Progress for Financial Aid. Therefore, eligibility for federal student aid must include all courses attempted and taken in evaluating the student’s Satisfactory Academic Progress for Financial Aid eligibility.

Courses taken during any of the summer terms are treated as a header to the current academic year and those courses are counted towards a students’ cumulative GPA and degree progression during the SAP review process.

If a student takes courses that count towards their current program during a period of enrollment in which the student did not receive federal student aid, those courses still count in the student’s progress towards degree evaluation.

In summary, all students must meet both criteria; the grade point average requirement and degree time frame completion, in order to continue to receive financial assistance. In essence, at least 67% of the cumulative courses attempted must be completed with a 2.0 or above cumulative GPA for the associate/ bachelor’s program, 3.0 or above cumulative GPA for the master’s program and 3.25 or above cumulative GPA for the doctoral program.

A student who does not meet one or both of the criteria will lose their eligibility for federal student aid for the upcoming academic year (fall & spring), however, the student may appeal these standards if there has been undue hardship (i.e., medical, death, divorce or other special circumstances).

Appeal and Reinstatement

Students who do not meet the Standards of Satisfactory Academic Progress (SAP) by both qualitative and quantitative measures by the conclusion of the spring semester or spring II term will have an opportunity to appeal their circumstances. Students will be notified via their Lynn e-mail if they did not meet the SAP requirements. If the student chooses to complete the appeal process, they can use the Adobe Sign link provided to initiate the process. The appeal form must be completed by the student, their parent if they are a dependent student, and their academic advisor. The appeal must be submitted to Financial Aid for review by the Financial Aid Appeals Committee. The appeal must include an explanation of why the student failed to make SAP and what has changed in their personal situation that will allow them to meet SAP requirements by the next evaluation period. The appeal must be provided with supporting documentation within 30 days of receiving the federal financial aid termination e-mail notification. The appeal form also requires the student to complete an academic plan with their advisor for the following semester. An academic plan is for one (1) semester only. It must indicate which courses the student is required to take and the minimum grade expectations for each course which will enable the student to increase their grade point average (GPA) and meet academic progress towards their degree. The academic plan must be completed with the academic advisor prior to submitting the appeal to Financial Aid.

If the Financial Aid Appeals Committee approves the student’s request for reinstatement, the student will be notified via e-mail that their federal financial aid has been reinstated for one (1) probationary semester.

Financial aid probation lasts for one (1) semester. Academic progress will be reviewed after the final grades and cumulative GPA are calculated for the probationary semester/term. Students who met the academic progress requirements during their probationary period (including students who successfully met the requirements of their academic plan) will be notified via e-mail that they have regained eligibility for federal student aid and are no longer on a probationary status. If a student requires an additional semester/s in order to meet the SAP requirements, they can submit a new academic plan for the upcoming semester. If approved, their progress will be evaluated again upon completion of the designated period.

If a student fails to complete their probationary semester successfully, their federal financial aid will be terminated. The student will be eligible for reinstatement of Title IV aid once all satisfactory academic progress standards (course completion and GPA requirement) are met; their eligibility will be reviewed during the next SAP review period which is at the end of spring/spring II.

Students who do not file an appeal, or who have their appeal denied, will be eligible for reinstatement of Title IV aid once all satisfactory academic progress standards (course completion and GPA requirements) are met; their eligibility will be reviewed during the next SAP review period which is at the end of spring/spring II.

.

The Standards of Academic Progress apply to the following programs:
Federal Pell Grant
Federal Supplemental Educational Opportunity Grant (SEOG)
Federal Direct Loans (Subsidized and Unsubsidized)
Federal Parent Loan for undergraduate Students (PLUS)
Federal Graduate PLUS Loan
Federal Work-Study program
Federal TEACH Grant

In addition, specific financial aid programs require the following academic achievements for renewals:

Presidential Scholarship, Top Achievers Scholarship and Academic Achievement Scholarship – 3.5 cumulative grade point average at the end of the spring semester.

Merit Scholarship, Dean’s Scholarship, Transfer Scholarship and Academic Grant – 2.0 cumulative grade point average at the end of the spring semester.

Lynn University Grant – 2.75 cumulative grade point average at the end of the spring semester.

Music Scholarship – 2.75 cumulative grade point average, a ‘B’ or better in Applied Music Instrument lessons, and fulfill requirements set forth in the Conservatory Student Handbook.

Athletic Scholarship – 2.0 cumulative grade point average each semester.

Veteran’s Benefits

Students who fail to achieve the desired level of academic performance after two (2) consecutive semesters of academic probation will be terminated for Veterans Administration pay purposes. GI Bill ® is a registered trademark of the U. S. Department of Veterans Affairs (VA). More information about education benefits offered by VA is available at benefits.va.gov/gibill (http://benefits.va.gov/gibill).

Academic Forgiveness Effect on Financial Aid

The forgiveness policy allows a student, who has changed his or her major, specialization or minor to discount up to two (2) courses in the abandoned program. The transcript will reflect the student’s complete record with an added notation of “Academic Forgiveness Declared” by the selected course(s); however, the grade(s) will not be calculated in the cumulative GPA. Neither the grades nor the credits will be counted toward graduation requirements. A forgiveness policy form is available in the Office of the Registrar and will need the signature of the college dean of the newly chosen program, as well as registrar approval.

The forgiveness policy may only be used once in a student’s college career. However, student requesting an academic forgiveness at Lynn University are not eligible to change their federal status for meeting the Standards of Satisfactory Academic Progress for financial aid. Therefore, the financial aid must always include all courses attempted and taken in evaluating the student’s satisfactory academic progress for financial aid eligibility.

Academic Bankruptcy Effect on Financial Aid

Students requesting an academic bankruptcy at Lynn University are not eligible to change their federal status for Standards of Satisfactory Academic Progress for financial aid. The federal guidelines prohibit the concept of academic bankruptcy. Therefore, the financial aid office must always include all courses attempted and taken in evaluating the student’s satisfactory academic progress for financial aid eligibility.

Full-time classification for Federal aid programs
• Undergraduate day: 12 credits per term
• Online bachelor’s: 6 credits per term
• Graduate day (Psychology & Music): 9 credits per term
• Graduate evening/online: 3 credits per term
• Doctoral: 3 credits per term

Attendance policy for financial aid recipients

Per federal regulations, the University is required to verify student’s attendance for federal grants and loans, including the Federal Pell Grant and Federal Direct Loans before they can be disbursed. Delays in receiving your federal funds are possible if the University is unable to confirm attendance information from the Office of the Registrar.

Disbursement of aid
The disbursement of financial aid is processed in the following order: Title IV aid, State aid, and then institutional aid.