Financial Aid
 
Rights and Responsibilities

Along with the monetary awards received by individual students, there are certain other rights and responsibilities to be observed:

  1. Award amounts are based upon expected full-time enrollment. Awards can be adjusted according to your enrollment status. Financial aid recipients must be enrolled at least half-time in a degree program. In certain cases, students who are less than half-time may be eligible for the Pell Grant.
  2. Students anticipating funds from sources other than the Financial Aid Office should notify the office as soon as an award is made. This includes scholarships and loans. Certain aid may be reduced if total aid exceeds the cost of attendance.
  3. Students awarded Federal Work-Study (FWS) must have all documents completed and submitted to the Financial Aid Office prior to beginning work. A completed contract, I-9 and W-4 are required prior to working. Any changes in FWS placement (or number of hours awarded, etc.) MUST be cleared through the Financial Aid Office prior to changes taking place.
  4. Stafford loan borrowers who wish to decline funds received electronically must request cancellation in writing to the Financial Aid Office within 10 days of funds being posted to the student’s account.
  5. All loan recipients must assume repayment responsibility upon leaving school. Prior to graduation (or withdrawal), an exit interview should be completed to ensure full understanding of loan terms and repayment provisions (including deferment options). THIS IS A FEDERAL REQUIREMENT.
  6. Students planning to withdraw or drop any course work must notify the Financial Aid Office prior to doing so. Students may be asked to repay part or all of any aid received.
  7. Tennessee HOPE Scholarship recipients may lose their scholarship permanently if dropping below full time status without PRIOR approval from the Financial Aid Office. For form: http://web.leeuniversity.edu/pdf/financial-aid/TN-Change-of-Enrollment-Status.pdf. For complete rules see http://web.leeuniversity.edu/financial-aid/info/satisfactory-academic-tels.asp.
  8. Students must re-apply for financial aid each year. The Free Application for Federal Student Aid (FAFSA) must be submitted each year. The annual re-applying priority deadline is March 15 for fall enrollment..
  9. The Financial Aid Office will process financial aid requests without regard to race, religious affiliation, gender, age, or disability. All funds are subject to individual student need as well as the availability of funds.
  10. Financial aid recipients are expected to maintain satisfactory academic progress for continuation of aid.
  11. Financial aid recipients must maintain good standing within the university community. The Financial Aid Office reserves the right (on behalf of Lee University) to review and cancel any financial aid award in the event of academic, financial or disciplinary misconduct on the part of the recipient.
  12. Students who have been on chapel probation for three or more consecutive months and are on chapel probation at the end of the semester will forfeit any university-funded scholarships for which they would have otherwise qualified during the following semester.
  13. Students are only eligible to apply Lee University scholarships or tuition discounts toward a maximum of two Lee University off-campus study programs.
  14. Off-campus study programs that are directly sponsored by Lee University and led by Lee University faculty are the only study programs eligible for institutionally-funded aid.

  15. Graduation may impact eligibility for future financial aid.
 
Office:
(423) 614-8300
Fax:
(423) 614-8308
Toll Free:
1-800-533-9930
finaid@
leeuniversity.edu