incoming student financial aid
whether you're a new or current student, there’s several steps in the process from applying to receiving financial aid, so it’s good to understand where you are and what to expect next.
overview of financial aid process
step 1 - apply for aid
- use the net price calculator to estimate aid.
- complete the fafsa (free application for federal student aid) each year. school code: 003486
- learn more about the types of aid available.
step 2 - review your financial aid package
congratulations! your admissions counselor will be in touch when your financial aid package is ready to view on your bison portal.
step 3 - complete verification
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in some instances, supporting documentation will be required to verify the data you put on the fafsa.the department of education notifies you if you are selected for verification.
the lipscomb financial aid office will notify you of the next steps to satisfy the verification requirements. lipscomb now partners with kheaa for completing many verification items. be sure to respond to any emails you receive from kheaa in a timely manner.
step 4 - accept any loans you might need
- accept / reject loans through mylipscomb student portal
- sign the master promissory note (mpn) and complete the loan entrance counseling at studentaid.gov
- understand repayment for your loans.
step 5 - receive offered aid
- notify the financial aid office of any outside aid.
- make financial arrangements with the business office.
- see award applied to your financial statement.
applying for financial aid
there is a path to affording a life-changing education. learn more about the steps you need to take to apply for aid that will help you achieve your goals. follow this step by step process to gain access to financial aid.
applying for financial aidtuition & cost
each year thousands of lipscomb students afford a life-changing education. and they do it because at lipscomb, 99 percent of undergraduates receive some form of financial help, from merit-based scholarships to work-study programs to federal grants. find out what your options are. the following costs are for a typical undergraduate student living on campus for a semester.
tuition & costtypes of aid
there are several ways to finance a lipscomb degree: grants, scholarships, loans, and work study. based on these resources, our financial counselors will put the best available package together for you. in addition, lipscomb will apply any outside scholarships or grants you have earned to your financial aid package.
types of aid