At the time your application was evaluated, you
were considered for all types of assistance, including
scholarships, grants, loans and student employment.
The Financial Aid Office determined your eligibility for
each type of aid and assigned a combination
of assistance in accordance with your eligibility.
The specific components of your aid package are
dependent upon the availability of funds and your
demonstrated financial need.
Lycoming College reserves the right to review,
modify or cancel your financial aid award at any time
on the basis of information affecting your eligibility.
This may include, but is not limited to, changes in
your financial or academic status, or changes in the
availability of federal, state or institutional funds.
Your total amount of assistance from all sources may
not exceed your cost of attendance. The Financial Aid
Office will determine your cost of attendance.
Students must demonstrate “financial need” to
qualify for assistance from “need-based” programs.
Students do not necessarily have to be from a low-
income family. “Need” is the difference between the
cost of attending Lycoming College and what the
student and/or family can contribute as calculated
by a financial aid formula that is approved by the U.S.
Department of Education.
Grant or scholarship funds appearing on the award
notification are funds that do not have to be repaid
by the student. These types of awards are commonly
known as “gift aid.” Lycoming grants and scholarships
are available for use in the first eight (8) semesters of
full-time enrollment on the Lycoming campus.
The Lycoming Grant is awarded to full-time students
who have documented financial need, as determined by
federal methodology and Lycoming College. This grant
is funded solely by Lycoming College. Funds are limited
and are therefore distributed as equitably as possible to
students with financial need. A student must complete
the Free Application for Federal Student Aid (FAFSA)
annually to be considered for this grant.