Undergraduate - Lee University

FINANCIAL INFORMATION 55
FINANCIAL AID
Lee University offers a wide variety of financial aid to eligible students
including endowment scholarships, federal and state grants, loans, employment
opportunities, private scholarships—as well as a combination of these
programs. Since a large portion of Lee University’s resources for financial aid
is tied to federal funding, it is required that eligibility, or need, be established
as an initial step in applying for financial aid (along with the Lee
University Financial Aid Application).
To determine need, the Free Application for Federal Student Aid
(FAFSA) MUST BE FILED through the Federal Processor if a student wishes
to be considered for the range of financial aid options available through Lee
University Financial Aid Office. All information must be received by Lee
University before April 15 to be included in the priority group.
Satisfactory Academic Progress Policy
All students who receive Federal Financial Aid must be working toward
an eligible degree from Lee University. In order to assure that the student
makes progress toward that degree both in terms of number of hours completed
and cumulative GPA, Lee University will utilize the following
progress policy in evaluating the 2000-01 academic year.
Progress Standards
A. Quantitative Standard per year: Students must, as a minimum, receive a
satisfactory grade in the courses attempted during the fall and spring
semesters as outlined below:
Hours Attempted Hours Satisfactorily Completed
24 or more hours 17 hours
18-23 hours 13 hours
12-17 hours 9 hours
Fewer than 12 hours complete hours attempted
Satisfactory grades are A, B, C and D. Unsatisfactory grades are W, F,
or I.
B. Qualitative Standard: Financial aid recipients must maintain the following
cumulative grade point averages to be considered making satisfactory
progress.
Total Hours Attempted Minimum Required G.P.A.
0 – 29 1.5
30 – 59 1.7
60 – 89 1.9
90 – above 2.0