General
Financial aid is any source of money that helps you to pay for your education. Common forms of financial aid include scholarships, grants and loans.
You are still eligible for federal aid as long as you are half-time or more; however, some aid sources may be prorated based on the number of credits you are taking. Institutional aid requires full-time status.
Yes. All three groups have access to financial aid.
Yes. Only the applicant need be a U.S. citizen or eligible non-citizen in order to be eligible for aid. To apply for aid, visit studentaid.gov.
Yes, we do offer a family discount.
If you are a need-based aid or Federal aid recipient, you will be required to complete the FAFSA annually. Note that your eligibility for financial aid may change significantly, especially if you have a different number of family members in college. Renewal of your financial aid package also depends on your making satisfactory academic progress toward a degree, such as earning a minimum number of credits and achieving a minimum GPA.
ACT/SAT
No. Applicants do not have to submit test scores for admission consideration. Learn more.
We evaluate applications holistically and give consideration to various factors, including high school GPA, strength of curriculum, progression of courses taken, letters of recommendation, etc. SAT scores are not required but are considered when provided.
Yes. We accept both the old and new SAT scores.
No.
We use the SAT composite score.
No.
FAFSA
Completion of the FAFSA is strictly voluntary. We also suggest you give our list of other aid programs a second look. You may be eligible for more than you think. For example, if you're a Florida resident you most likely qualify for a $2,841 yearly grant (that you don't have to repay), no matter what you or your parents make.
No. You can apply for financial aid any time beginning Oct. 1. To actually receive funds, however, you must be admitted or enrolled at the university.
Yes. The sooner you are able to complete the FAFSA, the better.
No. The parent you have been residing with for the past year and has provided you with your financial support is the parent responsible for completing the FAFSA.
First, submit the FAFSA. Then, speak with your respective financial aid counselor.
Unless you are able to document special circumstances or answer "yes" to any of the dependency questions on the FAFSA, then no, you may not file as independent.
All other students are considered to be dependent, and the parents' information and signature will be required on the FAFSA. If you believe you have a situation that should be considered individually, ask to speak with a counselor in the Financial Aid Office.
Your eligibility may change from year to year for a variety of reasons, so reapplying is recommended. You will receive a renewal application each year; update this form and resubmit it.
The FSA ID is your electronic signature for the FAFSA and other Department of Education websites. You—and one of your parents if you are dependent—may apply for the FSA ID while completing the FAFSA itself, or beforehand at fsaid.ed.gov.
This is a routine request that only means you may need to provide some additional materials—verification worksheets, tax return transcripts, W-2 forms, Social Security cards, and/or citizenship documents (or some combination of these). Those requiring verification will be contacted by the Kentucky Higher Education Assistance Authority (KHEAA). More information on completing the FAFSA is available on studentaid.gov.
Visit studentaid.gov and click on “add or delete school code.” Add Lynn to the recipient’s list. Once you’ve confirmed Lynn is listed, please ensure that your FAFSA is signed by selecting “Sign electronically with your FSA ID.”
The most common reason for us not having received your FAFSA is that we are not listed as a recipient on the application. Please visit studentaid.gov, click on “Add or Delete a School Code” and include us on the recipient’s list.
Another common reason why we may not have communicated back to you is that we may have received the FAFSA, but it was rejected due to a missing electronic signature. The same resolution applies; visit studentaid.gov and click on “Sign Electronically with Your FSA ID."
Award letter
All student financial aid package notifications will be sent via email and can be viewed at lynn.edu/esas.
The notification describes the financial support awarded to you by the federal government, the state (if eligible), and Lynn. It includes both need-based- and merit-based awards as well as opportunities to secure further awards. Read your letter carefully. Aid titled “DirectPLUS” or “EstAltern” means you must apply for and be approved in order to receive them.
Need-based aid is aid that is based on financial need as determined by the FAFSA. To determine your need, we subtract your Expected Family Contribution (EFC) from the Cost Of Attendance (COA). Merit-based aid is aid that is based on academic performance.
EFC stands for Expected Family Contribution. Your EFC is generated upon completion of the FAFSA and represents the amount of money the U.S. Department of Education expects your family to contribute toward your education.
Your EFC is the amount of money the U.S. Department of Education expects your family to contribute toward your education. It does not represent what you will be charged on your bill to attend Lynn.
COA stands for Cost of Attendance. Your COA is the total cost of direct university charges plus an estimation of what it might cost you for books, transportation and miscellaneous living expenses.
We package all known sources of financial aid at the time we create your award letter. We may not have received your FAFSA by the time we created your package. As soon as we receive your FAFSA or become aware of any other source of financial aid for you, we will revise your award letter and notify you via email.
Florida residents may use both the Florida Pre-Paid and Florida Bright Futures programs at Lynn. Additionally, Florida residents may be eligible for the Florida Effective Access to Students Education (EASE), Florida Work Experience Program (FWEP), and Florida Student Assistance Grant (FSAG).
Once we are able to confirm your eligibility for Bright Futures with the Florida Office of Student Financial Aid, we will add Bright Futures to your financial award package.
While your Bright Futures Scholarship is advertised as paying a percentage of your tuition, that percentage applies only to public schools. You will receive the exact same amount, dollar-for-dollar, through your Bright Futures Scholarship at Lynn as you would at any school in Florida, but it will not cover the same percentage of the total cost as it would at a public school. Bright Futures Medallion will pay $158 per credit, and Bright Futures Academic will pay $211 per credit.
Incoming first-year students do not have access to additional Lynn scholarships but may qualify for certain need-based grants. External scholarships are also an option for any student level.
Your parents may request deferment of a PLUS so they are not required to make payments while you are in school. Barring receipt of private/outside scholarships, your award letter will reflect the maximum amount of financial aid that you qualify for. Your parents may, however, finance your annual balance on a monthly payment plan at no interest.
E-SAS stands for Electronic Student Aid System. It is your window into your personal finances here at Lynn. It is available to all accepted, deposited and current students. You may access your E-SAS account directly at lynn.edu/esas.
Potentially, yes. You will receive a revised award letter notifying you of the changes, if any.
We are glad you are so excited to attend Lynn, but please carefully review your award letter; it may include Federal Direct Loans. These sources of aid must be applied for and approved in order to be received. They are listed on student award letters as a means of expressing the important fact that financing does exist to help bridge any gap between the cost to attend and the sum of your financial aid package.
Scholarships, grants and loans
Yes, you must notify Lynn's Financial Aid office, and yes, it could affect your financial aid eligibility.
Please see our tuition and aid section to view our preferred lenders list, which also includes private lenders.
A subsidized loan does not accrue interest while the student is in school. The interest on an Unsubsidized Loan, however, is the student’s responsibility and begins to accrue once the loan funds are disbursed. The student can opt to allow the interest to accumulate; however, it will be added to the principal amount of the loan and increase the amount to be repaid. We recommend that students contact their loan servicer to make quarterly payments on the interest.
Your parents may apply for a federal PLUS loan, or you could apply for a private student loan.
It is possible to be approved for a PLUS even if the applicant does not have a good credit score. The Department of Education considers adverse credit factors such as being 90 or more days delinquent on debt and a history of the following within the last five years: default determination, bankruptcy, foreclosure, repossession, tax lien, wage garnishment or write-off of a Title IV debt.
After completing two semesters, returning students can apply for endowed scholarships or other academic based awards.
Either your parents may apply for a federal PLUS loan, or you could apply for a private student loan. Both can be found at through our tuition and aid pages.
First, know that your parents may request deferment of a PLUS so that they are not required to make payments while you are in school. Barring receipt of private/outside scholarships, your award letter already reflects the maximum amount of financial aid that you qualify for. Your parents may, however, finance your annual balance on a monthly payment plan at no interest.
As a freshman student, you will not have access to any additional Lynn scholarships. You may, however, qualify for certain need-based grants. To find out, complete the FAFSA at studentaid.gov. As soon as we receive it, we will create an award letter and notify you via email.
It's entirely possible for applicants without good credit scores to be approved for a PLUS. Creditworthiness factors such as FICO score, income-to-debt ratio, loan amount or lack of credit history are ignored. The Department of Education is concerned only with adverse credit factors such as being 90 or more days delinquent on debt and not subject to any of the following within the last five years: default determination, bankruptcy, foreclosure, repossession, tax lien, wage garnishment or write-off of Title IV debt.
International students
Yes. Our merit-based awards are offered to any and all students who excel academically, regardless of citizenship status. International students also may work on campus, provided Lynn's Employee Services office has a student position on file that they are qualified to fill. Visit our employment page to review and apply for available student positions.
Because we base our grant eligibility on the FAFSA and you are not eligible to complete the FAFSA as an international student, you will not be eligible for any additional aid from Lynn. Your only option to receive additional aid as an international student is through private loans.