Awards Terms and Conditions
READ THIS PAGE THOROUGHLY AND CAREFULLY—IT CONTAINS IMPORTANT INFORMATION ABOUT YOUR AWARDS. YOU ARE ALSO RESPONSIBLE FOR ALL INFORMATION IN THE UNIVERSITY CATALOG AND STUDENT HANDBOOK.
The Financial Aid Office has created your award package by offering you the maximum available aid based on your eligibility for federal, state, and institutional programs. We have applied a consistent and equitable awarding philosophy to all applicants based on the Expected Family Contribution (EFC), the Cost of Attendance at Lander, the date of application, and the availability of funds. We assume that all students will enroll full-time, unless we are notified otherwise in writing.
We attempt to be as accurate as possible at all times. However, your financial aid eligibility is based on information as you reported it. Occasionally, changes will force us to make adjustments to your awards. You will be notified if there are changes in your awards. You must review your billing information from the Business Office for adjustments on your bill. Awards are subject to change under at least the following circumstances:
- If you are selected in the verification process; OR
- If we receive new or corrected information; OR
- Changes in your enrollment status; OR
- Failure to meet satisfactory academic progress; OR
- Changes in the availability of funds from federal, state, institutional and other sources; OR
- If your aid exceeds your Cost of Attendance at any time; OR
- If we discover an error.
Lander University reserves the right to adjust any aid awarded based on verification of eligibility, change in enrollment status or receipt of aid from outside resources. Students must report any scholarships received from any source outside of Lander University to the Financial Aid Office.
It is the student's obligation to maintain a current address and telephone number with Lander University at all times. Students may update their addresses with the Office of the Registrar any time there is a change. Further, students must check their e-mail accounts on a regular basis for additional correspondence. In accordance with the terms in the University Catalog and the Student handbook, it is the student's responsibility to check their school e-mail on a regular basis. The Financial Aid Office will communicate with you by postal mail until you have received your official Lander e-mail address. Your e-mail address will be established after you have paid your admissions deposit. After your e-mail address has been established, we will send all subsequent notifications about requirements and awards to your Lander e-mail. The only time you will receive a letter from us after your e-mail account is setup will be if we need you to provide a signature or clarify a response on a form you submitted. Please plan to check your Lander e-mail at least once per week. It is very important. After your Lander e-mail address is established, it will be the primary mode of communication between you and our office.
ENROLLMENT (INCLUDING DROP/ADD)
All financial aid packages are generated under the assumption that the student intends to enroll full-time. Students who intend to enroll less than full-time must notify the Financial Aid Office. Students must enroll at least half-time (six hours) to be eligible for all types of federal aid, with the exception of the Pell Grant. Students must enroll full-time for all scholarships, unless otherwise specifically stated in the conditions of the scholarship contract. Students who enroll less than full-time will be repackaged based on the changes to the Cost of Attendance and program requirements. A new award letter is sent to the student whenever changes are made to the aid package.
EXCESS AID REFUNDS
Students who are eligible for aid in excess of what they owe Lander University are eligible to receive excess aid checks. Excess aid checks are released by the Business Office at the beginning of classes each semester.
INSTALLMENT PAYMENT PLAN
The University Business Office offers a semester installment payment plan that divides the charges for tuition, fees, room, and board into multiple installments each semester. The installment plan is not available for summer terms. No interest is charged, but there is a fixed fee for participation in the payment plan each term.
In order to ensure that classes are not canceled and to receive a refund of excess financial aid, all students must validate their intent to enroll each term. Signing and returning the billing statement to the Business Office or validating on-line completes the validation process. Students who have enough financial aid to cover their bills may validate online through their Bearcat Web accounts. ALL STUDENTS MUST VALIDATE EACH TERM—EVEN IF THEY HAVE SUFFICIENT FINANCIAL AID TO PAY ALL CHARGES AND DO NOT OWE A BALANCE.
Students who completely withdraw from any given term will be subject to the Return of Title IV Funds regulations. Details are available on the Business Office website and in the University Catalog.