Renewal Policy:It is necessary to reapply for financial aid for each year of study. Returning students must file the CSS PROFILE as well as the Renewal FAFSA by April 15 every year. The filing deadline for all forms, including copies of both parents' and student's most recent federal tax returns, is April 15. Your application will not be reviewed until the FAFSA, PROFILE, Lehigh application and the federal income tax forms are received and complete. Late applicants risk not being aided due to lack of fund availability. Renewal of aid is limited to four years, for a four year program. Extensions beyond that time period require petitions to the Committee on Undergraduate Financial Aid. To petition for financial aid during your fifth year,complete the “Petition for Review of Financial Aid Eligibility” form located in the Applications & Forms section of our website. Petitions will be considered incomplete and will not be considered for review until all steps have been completed and received in the Financial Aid Office.
Withdrawal/Refund Policy: An undergraduate student in good standing who formally withdraws or reduces his or her course enrollment below twelve credit hours before 60% of the semester has been completed during the fall and spring semesters will be eligible for a tuition refund. The tuition refund for a student who withdraws or drops a course(s) is calculated on a daily basis. The date used to calculate refunds is based on when a properly authorized withdrawal or drop/add is received by the Registrar's Office. Students receiving financial aid that drop below full time status must have their financial aid package re-evaluated by the Office of Financial Aid prior to the issuance of any refund check. The Office of Financial Aid is responsible for determining the appropriate redistribution of charges and refunds when students receive any financial assistance. These decisions are made on the basis of federal, state and institutional policies. Any refunds due to the Title IV programs will be refunded in the following order: Direct Loans (Subsidized & Unsubsidized); Federal Perkins Loans; Direct PLUS Loan; Federal Pell Grant; Federal SEOG; Any other Title IV program.
Generally speaking, Satisfactory Academic Progress includes 1) remaining in good standing (based on your GPA), 2) advancing a minimum of 24 new credits per academic year (minimally, 12 credits per semester) and, 3) keeping pace with your class, progressing from freshman to sophomore, etc. This is dependent upon your academic program. For university need-based aid, unless otherwise stated, you are expected to pass a minimum of 12 new credits, with a 2.0 grade point average each semester, while maintaining a 2.0 cumulative average. Evaluations of SAP are made at the end of each academic year. All these requirements of maintaining SAP can be viewed in the University’sPolicyonSatisfactoryAcademicProgress.Dropping below any of these expectations may require summer study or a petition to the Committee on Undergraduate Financial Aid. To petition for financial aid due to a lack of achieving Satisfactory Academic Progress, complete the “Petition for Review of Financial Aid Eligibility” form located in the Applications & Forms section of our website. Petitions will be considered incomplete and will not be considered for review until all steps have been completed and received in the Financial Aid Office.
Students have the right to know:
It is the student's responsibility to:
Outside Scholarship Adjustment Policy: The majority of our financial aid packages are based on institutional financial need and therefore, require us to monitor aid from all sources. Receipt of an outside award will first reduce any unmet need, then reduce grant and self-help equally. Students receiving need based aid in combination with a merit or athletic scholarship award have their need met with grant assistance. In these cases, a dollar for dollar reduction, to the need based grant, is necessary.
Appeal/Petition Process: Students not maintaining either federal or instituional satisfactory academic progress may be ineligible for financial aid. Appeals, based on extenuationg circumstances, may be submitted to the committe of undergradaute financial aid. Instrucitons on how to obtain and complete petition forms are avalible on the applicaiton and forms page.