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Financial Aid - Apply for Aid - Students (2010-11)
   
FREE Application for Federal Student Aid
There are several steps you must complete in order to apply for financial aid. Follow these steps and you will be on your way to completing the process.

1. Free Application for Federal Student Aid (FAFSA): Complete the Free Application for Federal Student Aid (FAFSA) or renewal application and mail it to the processing center as early as possible. You may also apply via the web at www.fafsa.gov. The Lindenwood University school code is 002480. Your application must be complete by March 15 to be considered for maximum assistance.



2. First-time Lindenwood University Borrower Entrance Counseling: Any new LU borrower who wants to apply for a student loan must complete entrance counseling. The entrance counseling session is quick and easy and will provide useful tips and tools to help you manage your educational expenses. This online session will take about 20-30 minutes to complete. Lindenwood University will be notified electronically once your session is complete.




3. Master Promissory Note (MPN): Once you have completed the entrance counseling session it will be necessary for you to complete a Federal Direct Stafford Loan Master Promissory Note. Upon completion, Lindenwood University will be notified electronically of your application.




4. Alternative Loans: A Federal Direct Loan may not provide enough financing to meet your educational expenses. An alternative/private loan can play a major role to fill the gap. If you are considering an alternative/private loan to supplement your educational expenses, first be sure you have maximized all your aid eligibility under the federal aid programs.

Alternative/private loans are credit based and in most cases, a credit worthy co-signer is required for approval. Recently passed legislation requires lenders to provide several detailed loan disclosures to the borrower and co-borrower. Most lenders will require one or more of these disclosures to be completed and mailed back to them. This requirement may cause a delay in the overall process.

Alternative/private loans should be considered as a last resort.

Below is a historical list of lenders who continue to participate in the Alternative/Private Loan Program. Lindenwood University does not endorse any lender. Research your lender options before you select the lender of your choice.

Lender Name
Alaska Student Loan Corporation (Alaska Residents Only)
Alaska Student Loan Corporation (Alaska Residents Only)
Anheuser-Busch Employees' CU/American Eagle Div.
Campus Door
Chase - JPMorgan Chase Bank, N.A.
Citibank Student Loan Corporation
Commerce Bank
Discover Student Loans
Fifth Third Bank
Nellie Mae, A Sallie Mae Company
PNC Solution Loan
Regions Bank
Sallie Mae
U. S. Bank
United Federal Credit Union
Wachovia Education Finance
Wells Fargo EFS

Alternative Loan Program Name
Alaska Supplemental Loan
Alaska Winn Brindle Loan
Anheuser-Busch Emp CU PEL
Campus Door Graduate/Undergraduate
Chase Select Graduate/Undergraduate
CitiAssist Undergrad and Grad
Smart Option Student Loan
Discover Private Education Ln.
Smart Option Student Loan
Smart Option Student Loan
PNC Solution Undergraduates
Smart Option Student Loan
Smart Option Student Loan
US Bank No Fee Education Loan
United FCU Private Ed Loan
Wachovia Private Student Loan
Wells Fargo Collegiate Loan

Once you have chosen a lender and completed the application process, Lindenwood University will be notified electronically of your request for an alternative/private loan. We will not certify eligibility for the alternative/private loan until your financial aid and admissions file is complete and your federal/state aid has been processed.


5. Other Forms: Every application is reviewed individually and may require additional information or the completion of additional documents. The Office of Financial Aid will notify you by mail of the necessary documents needed to complete the verification process. You can click and download some of the forms you might need.

6. Apply Early: The most important factor when applying for financial aid is to apply early. We recommend you file you FAFSA no later than March 15 to ensure you meet the access Mo. Grant deadline of April 1. Please contact the Office of Financial Aid if you need any assistance or have questions.

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