Lindenwood University Financial Aid and Scholarships
Students Receiving Aid
83%
Total Aid Amount
$50.876M
Financial Aid Official Website
www.lindenwood.edu/business-office/
Student Financial Services Department of Lindenwood University assists the students for any kind of financial help needed. The department will also help in finding the eligibility of the student and find the perfect type of financial aid that fits according to the eligibility criteria.
At Lindenwood University, 83% of the students have received financial aid till now which contributes to a total aid amount of $50,876,432.
To check the eligibility and to avail the financial aid students need to fill the Free Application for Federal Student Aid(FAFSA) form and the university FAFSA code is 002480.
Types of financial aid provided by the university are:
Federal Pell Grants
Federal Grants are usually provided only to undergraduates students who display expectional financial need and have not earned bachelor's, graduate, or professional degree. A federal pell grant is not be repaid expect under certain circumstances.
Federal Supplemental Educational Opportunity Grant(FSOEG)
The financial aid office will award FSEOGs to students that have the most financial need. The FSEOG does not need to be repaid, except under certain circumstances.
Loans
There are different types of loans which are offered to the students to meet their education costs. However, the loans are needed to be repaid that too with an certain amount of interest on it.
The different types of loans offered by the university are:
A Subsidized Direct Loan is awarded on the basis of financial need. Interest does not accrue while you are enrolled at least half-time and during other specified deferment periods. Repayment begins six months after you cease to be enrolled at least half-time.
An Unsubsidized Direct Loan is not awarded on the basis of need. The principal will be deferred until six months after you cease to be enrolled at least half-time. You will be charged interest from the time the loan is disbursed until it is paid in full. You can either make the interest payment or defer it while you are in school. If you do not make interest payments while in school, the interest will be capitalized (added to the principal balance of the loan) every six months.
Federal Work-Study Program
Immaculata University offers work-study program for students who are willing to work as a full-time or part-time to earn some additional income which helps the students in bearing the adittional cost and managing the studies simultaneously. You can apply for the type of position you like.
To know more details about the financial aid visit the Lindenwood University Financial Aid.