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Undergraduate - Lee University

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FINANCIAL INFORMATION 57<br />

responsibility to inform the Financial Aid Office if this requirement has<br />

been met.<br />

B. Eligibility for financial aid will be reinstated if an appeal is approved.<br />

C. Returning students who have a leave of absence greater than five years<br />

will be allowed one academic year without penalty. However, the student<br />

must make satisfactory progress during that year in order to continue<br />

to receive financial aid.<br />

Rights and Responsibilities of Financial Aid Recipients<br />

Along with the monetary awards received by individual students, there<br />

are certain other rights and responsibilities to be observed:<br />

1. Students receiving awards must accept or reject awards within twenty<br />

days from the receipt of the award letter. Otherwise, the award is<br />

void.<br />

2. Financial aid recipients must be enrolled at least half-time in a<br />

degree program. Full-time enrollment of recipients is expected.<br />

3. Students awarded Federal Work-Study (FWS) should report to the<br />

Financial Aid Office for work assignments. Any changes in FWS<br />

placement (or number of hours awarded, etc.) MUST be cleared<br />

through the Financial Aid Office prior to changes taking place.<br />

Students must have all documents completed and submitted to the<br />

Financial Aid Office prior to beginning work. A contract, I-9 and W-<br />

4 are required prior to working.<br />

4. All loan recipients must assume repayment responsibility upon leaving<br />

school. Prior to graduation (or withdrawal), an exit interview<br />

should be scheduled to ensure full understanding of loan terms and<br />

repayment provisions (including deferment options).<br />

5 Financial aid recipients are expected to maintain satisfactory academic<br />

progress for continuation of aid.<br />

6. Students anticipating funds from sources other than the Financial<br />

Aid Office should notify the office as soon as an award is made. This<br />

includes scholarships, loans, etc.<br />

7. Students planning to withdraw or to drop any course work must<br />

notify the Financial Aid Office prior to doing so. Students may be<br />

asked to repay part or all of any aid received.<br />

8. Students must re-apply for financial aid each year. The <strong>Lee</strong><br />

<strong>University</strong> Financial Aid Application and the Free Application for<br />

Federal Student Aid (FAFSA) must be submitted each year. The<br />

annual re-applying priority deadline is April 15 for fall enrollment.<br />

9. The Financial Aid Office will process financial aid requests without<br />

regard to race, religious affiliation, gender, age, or disability. All<br />

funds are subject to individual student need as well as to the availability<br />

of funds.<br />

10. Financial aid recipients must maintain good standing within the university<br />

community. The Financial Aid Office reserves the right (on

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