David Lipscomb University - Financial Aid
Financial Aid Forms | Scholarships & Grants | Loans
Financial Aid
Most colleges set their own financial aid deadlines and due dates.
In addition, colleges have different forms and criteria
to qualify for financial aid. The following information
should help you get a general idea of the procedures and forms
used by this college.
For more specific facts and figures, consult financial aid bulletins
from the college.
Financial Aid Form Deadlines
| Form | Priority Filing Date | Application Closing Date |
|---|
| FAFSA |
February 28 |
|
Notification of Awards is March 1.
Student Population
- 85% of undergraduate students who applied for financial aid, received some form of financial aid.
- 72% of all undergraduate students received some form of financial aid.
- 88% of the freshmen class who applied for aid received some form of financial aid.
- 74% of all enrolled freshmen received some form of financial aid.
- 95% of freshmen financial aid need was met.
- Average student debt upon graduation is $7500.
- 74% of financial aid is need-based.
A List of Available Scholarships & Grants
- Pell Grants(BEOG)
- SEOG
- State Scholarships
- State Grants
- College/University Scholarships
- College/University Grants
- Private Scholarships
- Private Grants
- ROTC
- Academic Merit Scholarships
- Athletic Scholarships
- Aid for Undergraduate Foreign Students
- Other: Religious service scholarships. Scholarships for African-Americans.
Who Receives Scholarships/Grants?
- 65% of undergraduate students applied for aid and received scholarships or grants.
- 55% of undergraduate class received scholarships or grants.
- 75% of the enrolled freshmen received scholarships or grants.
Average Amount and Number of Scholarships and Grants
- Average amount of each freshmen scholarships and grants: $1750
- Average number of athletic scholarships and grants: 90
- Average amount of each athletic scholarship or grant: $3000
- Individual scholarships range from $400 to $12000
- $4000000 in scholarships are awarded each year.
Loans Available to Undergraduate Students
- Perkins
- PLUS
- Stafford
- Federal Nursing Student Loans(NSL)
- Health Professions Loans
- State Loans
- College University Loans
- Private Loans
- Federal Direct Student Loans (FDSL)
- Unsubsidized Stafford Loans
Payment Plans Offered to Undergraduate Students
- Tuition Plan Inc.
- Education Plan Inc.
- Knight Tuition Plans
- Academic Management Services(AMS)
- EFI Fund Management
- Tuition Management Systems
- Deferred Payment Plan
- Family Tuition Reduction(tuition reduction for simultaneously enrolled family members)
- Guaranteed Tuition(tuition does not change during student's consecutive enrollment)
- School's own payment plan(s)
Who Receives Loans & How Much?
- 75% of undergraduate students who applied for aid received loans.
- 36% of all undergraduate students received loans.
- 42% of all enrolled freshmen received loans.
- The average amount of each freshman loan is $3000
- The amounts of individual loans per year range from $500 to $5000.
- Total amount of all loans granted per year: $3000000.
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