FINANCIAL AID Lyon College Aid
The main source of aid for most Lyon students is their institutional, or Lyon College, scholarship. These are 4-year, renewable scholarships that do not have to be repaid. These scholarships are merit-based (need-blind). The second main source of aid comes from the federal government. In order to be eligible for any federal aid, a student must file a Free Application for Federal Student Aid (FAFSA) every year. This can be done free of charge at www.fafsa.gov. Lyon’s FAFSA code is 001088.
Federal Government aid Pell Grant (gift aid) Federal Supplemental Educational Opportunity Grant (gift aid) TEACH Grant (gift aid, post-grad commitment required) Subsidized Direct Loans (self help aid) Unsubsidized Direct Loans PLUS (Parent Loan for Undergraduate Student) Loans
Need based Need based Need blind Need based Need blind Credit based
State Government aid
For students who are Arkansas residents, the following State aid is available to qualified students: HEOG (GO) Grant Need based Arkansas Challenge (Lottery) Need blind Scholarship Governor’s Scholarship Min. GPA & Standardized Test req. Governor’s Distinguished Min. GPA & StandardScholarship ized Test req. Lyon College Parent Guide
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