Financial Aid
The Office of Financial Aid Services is committed to developing a partnership with students and their families. That partnership is three-fold and consists of federal and state resources, institutional resources, and student/family resources. The Student Financial Aid Program has been developed to meet that goal. The Office of Financial Aid Services administers programs in cooperation with federal, state, and private agencies, and funds are provided through the University as well. Funding may be based on financial need or on academic, athletic, or fine arts merit.
Students who have been accepted for admission to Lewis are eligible to be considered for financial aid. Lewis University requires that students complete the Free Application for Federal Student Aid (FAFSA) in order to apply for need-based financial aid/grants, loans, and work programs through federal, state and institutional resources. This form is available only on the Internet at www.fafsa.ed.gov.
Current information related to Financial Aid is found at www.lewisu.edu/admissions/finaid.
Satisfactory Academic Progress Policy
The Lewis University Office of Financial Aid Services is responsible for ensuring that all students (both undergraduate and graduate) who are receiving federal, state, and institutional financial aid are meeting the Satisfactory Academic Progress Policy. In order to continue to receive financial aid, recipients must meet the standards found at www.lewisu.edu/admissions/finaid/finaidpolicies.htm.
New Mexico Students
The Department of Education published regulations December 1, 1995, that permit schools to obtain a student’s financial aid history through the National Student Loan Data System (NSLDS). Below is the paragraph from the Lewis University Policy and Procedure Manual related to Transfer Monitoring and NSLDS.
NSLDS and Transfer Monitoring:
Enrollment reporting is done in the Office of the Registrar. A file is produced using the ERP Banner and sent to our third party servicer, National Student Loan Clearinghouse. The Clearinghouse performs the necessary reporting of all enrollment statuses, including the new loan requirements for Lewis University. Any discrepancies in the file are reconciled by the Registrar.
Spring Transfer students are added to the Transfer Monitoring in NSLDS for reporting purposes during the packaging process by the Financial Aid Counselor.