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Your Award

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.

Financial Need

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.

Grants/Scholarships

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.

Lycoming Grant

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.

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