Financial Aid Renewal Process
Application Deadline: May 1
All forms of need-based financial aid must be
reapplied for annually. Renewal of awards will be
based on the timely completion of all required
documents and continued eligibility.
To be considered for assistance for the 2013-14
academic year, all recipients of need-based aid must
reapply. Any student receiving need-based federal,
state or Lycoming College funds must file the Free
Application for Federal Student Aid (FAFSA).
Application instructions will be mailed in December
and will be available in the Financial Aid Office in
January.
Alternative Financing Options
FEDERAL DIRECT PLUS LOAN
(for parents only)
The federal direct PLUS Loan is a governent
sponsored loan that may be available to parents of
dependent students. The interest rate on the PLUS
Loan is fixed at 7.9%.
Credit-worthy parents may borrow up to the cost of
attendance for which the student is eligible. Parents
can apply for this loan at
.
It is your responsibility to provide additional
documentation, tax returns, W-2’s and any
additional information requested by the Financial
Aid Office.
It is your responsibility to read, understand and
be accountable for all forms and agreements you
sign. We recommend that you keep copies for your
records.
A complete list of a student’s rights and
responsibilities can be found online at
.
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