Current Students - Grants
Unlike a merit-based scholarship, grants are offered either by the institution or by an outside organization based on the financial situation of you and your family.
A grant is a type of need-based aid that does not need to be repaid. You'll find a variety of grants offered by the government that are widely available, as well as grants specific to a program of study and personal background.
“Memorial” is the inclusive term for need-based aid at Lipscomb. Memorials are of two types: general and designated. A general memorial comes from the general funds of the university. Designated memorials consist of restricted scholarship funds set up in memory of individuals. All need-based aid is based fully on FAFSA results and are usually offered according to those who apply first.
- Some memorials have definite instructions from contributors concerning those to whom the offers should be given. Others are available to any student with need.
- Memorials exist for majors in art, Bible (graduate and undergraduate), biology, business, chemistry, dietetics, English, Greek, history, journalism, consumer sciences, physical education, pre-med, pre-nursing, social work and speech, among others. A few memorials state donor preferences for recipients who are from specific geographic regions, for minorities or for those who participate in athletics.
View a complete list of memorial funds.
A Pell Grant is funded by the federal government and offered to undergraduate, degree-seeking students who have not already obtained a bachelor's degree. The offer amount is given to students who demonstrate the high financial need as determined by the FAFSA and enrollment status. Your offer is adjusted based on the number of hours enrolled (ex. enrolled less than full-time < 12 hours). You can receive the Federal Pell Grant for no more than 12 full-time terms or the equivalent (roughly 6 years).
Learn more about eligibility.
FSEOG is a grant funded by the federal government for undergraduate, degree-seeking students with the largest financial need. The amount of FSEOG funds is limited. Priority is given to students who receive Federal Pell Grants and are in good academic standing. There is no guarantee that every eligible student will be able to receive a FSEOG offer. The FSEOG does not need to be repaid
The Tennessee Student Assistance Award is a need-based grant program for undergraduate students attending eligible Tennessee institutions. Recipients must be U.S. citizens, meet Tennessee residency requirements for state student aid, be enrolled in a degree-seeking program, and meet TSAC's need requirements based on the FAFSA. Offers vary based on need and enrollment status. Funds are offered on a "first-come-first-serve" basis.
Learn more about eligibility and award information.
Lipscomb University participates in the Federal TEACH Grant program. The Federal TEACH Grant is available to students who have been accepted into the College of Education at Lipscomb University. This is typically for undergraduate students at the end of their sophomore year or beginning of their junior year.
Requirements:
- Complete the FAFSA.
- Have a cumulative GPA of at least a 3.25 from previous semesters OR score above the 75th percentile on a standardized admissions test (ACT, SAT, GRE, MAT).
- Qualifying based on the cumulative GPA requires that the student maintain at least a 3.25 cumulative GPA to receive the grant in multiple years.
- Qualifying based on the standardized test does not have a minimum GPA requirement per federal rule.
- Complete the initial Federal TEACH Grant Eligibility Form.
- Be accepted as a degree-seeking student into the College of Education.
- Be registered for at least six credit hours in a given semester.
- Complete and sign an Agreement to Serve or Repay which states that you agree to teach full-time in a high-need subject and in a Title I (high-need) school for a minimum of four years within eight years of graduation or leaving school (must be completed annually).
- Complete Federal TEACH Grant Entrance Counseling (must be completed annually).
- Complete the Lipscomb University Financial Aid Office's documentation worksheet that acknowledges the responsibilities of this grant before the grant can be issued.
- Complete Federal TEACH Grant Exit Counseling prior to graduation or leaving school and at the end of your eligibility.
It is very important to understand that if you do not teach for four years in a high-need subject and in a Title I (high-need) school, the full amount of the Federal TEACH Grant will be converted to a Federal Direct Unsubsidized Loan with interest backdated to the beginning of your program of study. This loan must be repaid.
Click here for more information about the Federal TEACH Grant.
Degree programs at Lipscomb University are approved by the state-approving agency for the training of veterans and eligible persons under laws administered by the United States Department of Veterans Affairs.
For more information on Veteran Benefits, visit our Veteran Services page.
Through an agreement with the United States Department of Veteran Affairs, Lipscomb University will guarantee free tuition to undergraduate students who qualify for the Yellow Ribbon Program. The Yellow Ribbon GI Education Enhancement Program (Yellow Ribbon Program) is a provision of the Post-9/11 Veterans Educational Assistance Act of 2008. This program allows institutions of higher learning (degree-granting institutions) in the United States to voluntarily enter into an agreement with VA to fund tuition expenses.
Check out our Veterans Services page for eligibility requirements and more information.