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Financial Aid Checklist

Financial Aid Checklist

We have created a checklist to help guide you through the financial aid process.

 

Apply for Admission

1

The first step is to apply for admission to Lincoln Memorial University!

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APPLY NOW - Undergraduate

 

Undergraduate ADMISSIONS INFORMATION

 

Graduate & Professional Admissions Information

Complete the FAFSA

2

Complete the Free Application for Federal Student Aid (FAFSA) to receive financial aid.

 

· Review the eligibility requirements.

· If new to the process, create an FSA ID and password. If you are a dependent student, your parent must also create an FSA ID. All contributors (anyone providing their information on a student's FAFSA) must have their own FSA ID.

· Complete the FAFSA and use our school code, 003502, to add LMU to your application.

· The student and their contributor(s) must consent and approve to have Federal Tax Information (FTI) transferred from the IRS into the FAFSA through the FUTURE Act Direct Data Exchange (FA-DDX) process when completing the FAFSA.

Complete the FAFSA

Check for Missing Documents

3

After receiving your FAFSA, the Office of Student Financial Services may need additional information before processing your financial aid.

 

· Monitor your LMU email account and MyLMU Self-Service regularly.

· To monitor where you are in the financial aid process, go to the Self-Service Menu in MyLMU, select "Webadvisor for Students" and then "Financial Aid.” Review the checklist inside MyLMU for any missing documents and submit them promptly.

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 Check for Missing Documents

 

Review Your Financial Aid Offer

4

Once your financial aid is processed, you will receive a financial aid offer that details the financial aid you are eligible for.

 

· When your financial aid offer is complete, you will receive an email to your LMU email account, and for new students, a financial aid folder will be mailed to the address on file.

· Financial aid offers can be viewed through the MyLMU Self-Service Menu by selecting "Webadvisor for Students" and then "Financial Aid." Take time to review your offer carefully. 

· Grants and scholarships are automatically accepted.

· Accept or decline the loans that were offered. We offer students their maximum eligibility for Federal Student Loans. If you wish to borrow a lesser amount, complete and submit a Loan Request Form. Federal Direct Parent PLUS Loans cannot be accepted until the parent completes the required loan steps in the next step.

Learn More About Financial Aid Offers

Complete Loan Requirements

5

if you accept student loans, you (the parent for Federal Direct Parent PLUS Loans) must complete additional requirements.

 

· Federal Direct Subsidized/Unsubsidized Loans:

Master Promissory Note (MPN)

Loan Entrance Counseling

 

· Federal Direct Parent PLUS Loan:

Apply for a Parent PLUS Loan

Master Promissory Note (MPN)

 

· Federal Direct Grad PLUS Loan

Accept the loan/credit check authorization in the MyLMU Self-Service Menu when accepting the loan

Loan Entrance Counseling

Master Promissory Note (MPN)

 

Learn More About Student Loans

 

View Account & Make Payments

6

After accepting your financial aid offer and registering for classes, you can view account balances (or credits) through MyLMU and make any necessary payments.

· Students can view their account summary/statement and pay their bill anytime through the MyLMU Self-Service Menu by selecting "Webadvisor for Students" and then "View Account and Make Payments."

· Payment plan options are available for most students by selecting "LMU and JFWA Payment Plans" under the "Quick Links tab in MyLMU". Some professional programs may be excluded.

 

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Learn More About Billing & Payments

Important Dates
  • December 31, 2023: The 2024-2025 FAFSA is available to complete on the Federal Student Aid website.
  • August 1, 2024: Deadline to complete the 2024-2025 FAFSA for TN Promise.
  • April 15, 2024: Deadline to complete the 2024-2025 FAFSA for Tennessee Student Assistance Award (TSAA).
  • January 31, 2024: Deadline for the Annual & Endowed Scholarship Application.
  • December 2023: Due to FAFSA Simplification, the release of the 2024-2025 FAFSA has been delayed. The FAFSA form will be available by December 31, 2023.
  • November 15, 2023: The Annual & Endowed Scholarship Application opens.
Contact Us

Student Financial Services
Location: DAR-Whitford Hall
Phone: 423.869.6336
Fax: 423.869.6347
Email: finaid@LMUnet.edu

Create Your Future
LMU is ready to assist you in your academic journey!