The following expenses are effective for the regular fall and spring semesters. The College reserves the right to adjust fees at any time. The fees for each semester are payable approximately two weeks prior to the start of classes for the semester as indicated on the semester bill.

The tuition covers the regular course load of twelve to sixteen credits each semester excluding band, choir, theater practica and all scholars seminars. Resident students must board at the College unless, for extraordinary reasons, authorization is extended for other eating arrangements. If a double room is used as a single room, there is an additional charge of $556 per semester. The estimated cost for books and supplies is up to $800 per year, depending on the course of study. Special session (May Term and Summer Session) charges for tuition, room, and board are established during the fall semester.

Confirmation Deposit - All full-time students who have been notified of their admission to Lycoming College are required to make a $100 Confirmation Deposit to confirm their intention to matriculate. The Deposit is held until Graduation or until voluntary permanent termination of enrollment, at which time any remaining balance is refunded after all debts to the College have been satisfied.

Resident students must remit an additional $100 Room Reservation Deposit. The room deposit is applied against the comprehensive fees billed for the first semester of attendance.

Enrollment Deposit — A non-refundable enrollment deposit of $100 is required of all current full and part-time degree-seeking students each spring in order to pre-register for the subsequent fall semester courses and/or to participate in the annual room selection process. This deposit is applied against the fall semester bill.

For the convenience of those who find it impossible to follow the regular schedule of payments, arrangements may be made with the College Bursar for the monthly payment of College fees through various educational plans. Additional information may be obtained from the Treasurer's Office or Admissions Office.

Students wishing to withdraw from the College during the semester should meet with the Associate Dean of the College or the Assistant Dean for Freshmen to ensure that student financial and academic records are properly closed. The effective date of calculating refunds shall be: the date, as determined by the institution, the student began the withdrawal process or provided official notification to the institution of his or her intent to withdraw; the midpoint of the payment period or period of enrollment if the student dropped out without notifying the institution; or the date, as determined by the institution, that the student withdrew due to illness or accident.

Students withdrawing will receive a prorated refund for tuition, fees, room and board, less an administrative fee of $100 and any unpaid charges, according to the following schedule:

Comparative schedules apply to the May and Summer terms.

The U. S. Department of Education requires that, for any student receiving federal financial aid, the federal programs be refunded IN FULL in the following order: Unsubsidized Federal Stafford Loan, Subsidized Federal Stafford Loan, Federal Perkins Loans, Federal PLUS Loans, Federal Pell Grants, FSEOGs, other SFA Programs, and other federal, state, private, or institutional sources of aid prior to any refund being issued to the student. See Federal Funds Withdrawal Policy for further explanation on return of Federal Funds. State Grant programs have varying regulations concerning refunds, but most will require at least a partial refund of the State Grant. If the student has received a Lycoming Grant, a pro-rated portion of the student’s refund also will be repaid to the Lycoming Grant program. This will reduce, or in many cases eliminate, the amount of the refund the student otherwise would receive. Detailed examples are available from the Financial Aid Office.

Full-time students who, after reducing their course loads, continue to be enrolled for 12 to 16 semester hours are not eligible for a refund of tuition for an individual course. Students who register for extra hours in excess of 16 hours per semester and who later reduce their loads will be refunded the fee charged for overloads according to the above schedules. Students who enroll full-time and subsequently assume part-time status by reducing their loads below 12 hours, and part-time students who drop individual courses, will be refunded according to the above schedules for the semester hours dropped. The assumption of part-time status normally involves a substantial reduction of financial aid since most financial aid programs do not extend eligibility to part-time students.

The calculated refund will be reduced by unpaid charges. Any balance remaining will be billed to the student. Unpaid student account balances will be charged interest at the rate of 1% per month on the month end balance until account is paid in full. Should legal collection become necessary, all costs of collection will be added to the balance due.

Earned Title IV Funds: Title IV funds used to cover educational costs according to the length of time the student was enrolled before withdrawing. The amount of funds earned is directly proportional to the time enrolled, through 60% of the term. After 60%, the student is considered to have earned all aid. The earned Title IV funds percentage is calculated by dividing the number of days completed up to the withdrawal date by the total days in the billing period.

Unearned Title IV Funds: The amount of grant and loan assistance awarded under Title IV that has not been earned by the student. The law states the earned Title IV funds are to be used to cover the length of time the student was enrolled before withdrawing. Unearned Title IV funds must be returned to the programs. The unearned Title IV funds percentage is determined by subtracting the earned Title IV funds percentage from 100%. To calculate the amount of unearned Title IV funds, multiply total disbursed federal financial aid (3) by the unearned Title IV funds refund percentage.

Withdraw date: The date the student began the withdrawal process; the date the student otherwise provided the school with official notification of the intent to withdraw; or for the student who does not begin the school’s withdrawal process or notify the school of the intent to withdraw, the mid-point of the payment period or period of enrollment for which Title IV assistance was disbursed (unless the institution can document a later date).

1 Stafford, PLUS and Perkins loans, Pell Grant and SEOG
2. A student is not eligible for a Title IV refund if he or she receives an "incomplete" status for coursework that can be, and is expected to be completed within a reasonable timeframe after the end of the billing period. Please refer to the college catalog for "incomplete" coursework deadlines.
3. Total disbursed federal financial aid includes aid that was disbursed and aid that could have been disbursed as of the student’s withdrawal date.

The student’s share is the difference between the unearned Title IV funds and the college’s share. The college’s share is allocated among the Title IV programs in the following order of return:

Federal Unsubsidized Stafford Loan
Federal Subsidized Stafford Loan
Federal PERKINS Loan
Federal PLUS Loan
Federal Pell Grant
Federal SEOG

Other Title IV assistance for which a return of funds is required

Students will not be registered for courses in a new semester if their accounts for previous attendance have not been settled. Diplomas, transcripts, and certifications of withdrawals in good standing are issued only when a satisfactory settlement of all financial obligations has been made in the Business Office. Final grades may also be held in some cases. Unpaid student accounts will be charged interest at the rate of 1% per month on the month-end balance until accounts are paid in full. Should legal collection become necessary, all costs of collection will be added to the balance due.

Lycoming College is committed to helping students and families meet college costs. While some assistance is available to students regardless of need (merit scholarships), the primary purpose of the College’s financial aid program is to help qualified students of limited financial resources attend Lycoming College. Scholarships may be awarded on the basis of merit and/or need, while grants are provided solely on the basis of financial need. Long-term educational loans with favorable interest rates and repayment terms are available, as are part-time employment opportunities.

It is important to submit financial aid applications after January 1st, as appropriate income information becomes available, but by April 15. Although applications may be filed later, applicants can only receive consideration for remaining available funds.

To be considered for financial aid, students and families must complete the following steps for each year the student seeks assistance:

Basic eligibility requirements for all federal programs are listed on the FAFSA application. Students are responsible for understanding the basic eligibility requirements.

Financial aid eligibility is substantially reduced for students who are charged less than full-time tuition. Credit is earned for some courses which are offered at no charge, including choir, band, theatre practica and all scholar seminars. Therefore, these credits would not be counted in the full-time tuition calculation. For financial aid purposes, a full-time student is enrolled in 12-16 billable semester hours.

Students retain eligibility for financial aid for ten (10) semesters of full-time study.

However, it is the College’s practice to limit institutional grants/scholarships to eight (8) semesters of full-time study. Should students attend beyond eight semesters of full-time study, they may still be eligible for federal and/or state aid for the 9th or 10th semester.

In some instances a student may appeal academic suspension and be permitted to continue enrollment even though the student has fallen behind in credit hours or cumulative GPA (see Academic Levels and Academic Standing sections on page 27). A student who is granted an academic appeal may continue to receive financial assistance only if the student meets the minimum qualitative (GPA) and quantitative (credits completed) requirements listed below.

Financial aid satisfactory progress is measured annually and cumulatively by the Office of Financial Aid. Official notification of probation or suspension is made by the Office of Financial Aid. Students wishing to appeal his or her suspension of aid, and who have legitimate reason for doing so (e.g. illness), must put their request in writing to the Director of Financial Aid at least two weeks prior to the start of the semester for which the exception is sought. Students placed on Financial Aid Probation for a period of two (2) consecutive semesters, and who have therefore been granted an appeal after the first probation semester, are prohibited from future appeals. If the student fails to attain the minimum standards after the second semester of probation, eligibility for financial assistance will be cancelled automatically.

Acceptance of an appeal is only valid for determining eligibility for financial assistance and has absolutely no bearing on any determination made by the Registrar and/or the Committee on Academic Standards. 

Lycoming Grants may be awarded to students to help meet their documented financial need. Renewal requires continued financial need as determined by Federal Methodology and/ or the financial aid director. Students should expect the Grant award to remain constant for each semester they are enrolled.

Ministerial Grants are awarded to dependent children of United Methodist ministers and ordained ministers of other denominations.

This grant amounts to 33% of tuition for children of United Methodist ministers in the Central Pennsylvania Conference and 25% of tuition for all others. Students meeting the criteria for this grant and any other Lycoming Scholarship(s) will be awarded the scholarship(s)/grant that provides the highest dollar amount; both will not be awarded.

Pre-Ministerial Student Grants of up to 25% tuition are awarded to students preparing for the Christian ministry. Students must complete a pre-ministerial grant application available through the financial aid office. Students meeting the criteria for this grant and any other Lycoming Scholarship(s) will be awarded the scholar-ship(s)/grant that provides the highest dollar amount; both will not be awarded.

Supplemental Educational Opportunity Grants may be awarded to students with exceptional financial need. Priority must be given to Pell Grant recipients. Funds are provided by the federal government. Funds are limited.

Federal Unsubsidized Stafford/Keystone Loan provides an opportunity for students to borrow under the Stafford Program who do not qualify for the maximum amount of subsidized Stafford loan. Maximum grade level amount minus subsidized eligibility equals unsubsidized eligibility. Interest must be paid by the borrower on a quarterly basis while enrolled (check with your lender to see if interest payments may be deferred). Other aspects of the loan are similar to those under the Subsidized program. Independent students may be eligible for higher loan limits; contact the Financial Aid Office for more information.

Federal Perkins Loan (formerly the National Direct Student Loan) may be offered to students with exceptional need. Borrowers must repay the loan, plus 5% per annum simple interest on the unpaid balance, over a period beginning nine months after the date on which the borrower ceases to be enrolled at least half-time. Funds are limited.

PLUS Loan is a loan parents may take out on behalf of their dependent student. The amount a parent may borrow for one year is equal to the cost of education for one year minus any financial aid the student is eligible for in that year. The interest rate is variable but is capped at 9%. The interest rate is determined every July 1 and is equal to the bond equivalent rate of 52-week T-Bill plus 3.1%. An application is available at your bank or other lending institution.

Students also have the opportunity to seek work-study employment off-campus in the Community Service program. Interested students can get additional information in the Financial Aid Office.

Lycoming Campus Employment Program is similar to Federal Work-Study except that students are paid with institutional funds only and is not based on financial need. A limited number of jobs are available. Funding is limited.

Other Job Opportunities are frequently available with local business firms or persons. Contact the Career Development Office of the College for information on these opportunities.

Tuition Exchange Grants may be available. Lycoming College is a member of both the Tuition Exchange Program and the CICU Tuition Exchange Program. These programs are for dependent students of employees at participating institutions of higher education. Students should contact the Tuition Exchange officer at their sponsor institution for information regarding sponsorship. Students are expected to apply for all federal and state grants. If the student receives a federal or state grant, those amounts may be applied toward room and board charges if the student resides in the dorms. If the student commutes, the grant amount is equal to tuition less federal and state grants.

United Methodist Scholarships may be available to full-time degree-seeking applicants who have a cumulative GPA of 3.00 or better, are active in Christian activities, and who are active, full members of a United Methodist church. Demonstrated financial need is also required. Normally, seven $500 scholarships are awarded each year. Annual application is required. Recipients are selected by the Director of Financial Aid and will be awarded to the neediest students. The funds are provided by the United Methodist Church. Applications are available in the Financial Aid Office. Renewal requires a cumulative GPA of at least 3.00.

United Methodist Student Loans are available on a very limited basis to students who are members of the United Methodist Church. The maximum amount which may be borrowed for an academic year is $2,500 subject to the availability of the funds. Contact The Board of Higher Education and Ministry, P.O. Box 871, Nashville, TN 37202 for more information.