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The Financial Aid Process
In order to assist students who are unable to meet
the cost of financing a college education, the Office of Student
Financial Aid administers an extensive program of scholarships, grants,
loans, and part-time employment opportunities. Demonstrated financial
need is the primary factor used in the awarding of financial aid,
although some scholarships are given each year in recognition of
superior academic achievement or special talent.
General Eligibility Standards
Applicants should be aware that virtually all
financial assistance awarded by the College is limited to:
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Students who have been accepted into a program
that will lead to a degree.
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Students who are U.S. citizens or eligible
non-citizens.
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Students who are enrolled at the College carrying
at least the normal full-time academic load (limited Federal Pell
Grants are available to some students studying less than full-time [12
hours per semester]).
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Students who are maintaining satisfactory academic
progress (see below).
For financial aid purposes, student status is
normally verified at the end of the Drop/Add period (first two weeks of
a semester). Hence, those who are officially classified as
non-matriculated students, visiting students, or special students should
anticipate that their awards would be canceled. Students whose status at
the end of the Drop/Add period is less than full time should expect that
the amount of their award(s) might be reduced proportionately and/or
canceled.
Students enrolled in a program designed to lead to a
second baccalaureate degree or in the North Carolina Teacher
Certification Program are considered ineligible for virtually all
grant/gift assistance provided by or through Lees-McRae College. Second
baccalaureate degree and those students enrolled in Certificate Programs
may be considered for financial assistance in the form of loan and/or
work opportunities.
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