Eligibility & Criteria
Will I Receive The Same Financial Aid Each Year?
Financial aid is awarded each year based on the criteria below.
Scholarships offered in your admissions acceptance letter are renewable. Students may receive the scholarship for up to four years (eight semesters) if they successfully stay on track to graduate in four years (an average of 30 credit hours per academic year), maintain a 3.0 cumulative GPA and the residency established at the time of admission.
HONORS SCHOLARSHIPS
Scholarships awarded by the Honors College are renewable. The Honors College evaluates students annually and renews scholarships based on the student’s overall academic performance.
FEDERAL PELL GRANTS, SUPPLEMENTAL GRANTS AND WORK-STUDY
These awards are need-based. Your eligibility is determined each year based on the information from your FAFSA. Federal Pell Grant amounts are also based on enrollment level and are subject to lifetime limits.
The amount of loan you are eligible for each year is based on your grade level. Subsidized loans are need-based, so eligibility is determined each year based on the information from your FAFSA. Student loans are subject to annual and lifetime limits. For more information, visit studentaid.ed.gov
The VGAP Grant is a need-based grant awarded to Virginia residents. Eligibility is determined each year based on the information from your FAFSA. In addition to demonstrated financial need, students must maintain continuous full-time enrollment (minimum 12 credits per semester), maintain a 2.0 cumulative GPA and advance a grade level each year. Students may receive a VGAP Grant for one year per grade level.
The VA Commonwealth Grant is a need-based grant offered to Virginia residents. Eligibility is determined each year based on the information from your FAFSA. In addition to demonstrated financial need, students must maintain at least half-time enrollment (minimum 6 credits per semester). Awards will be reduced for students taking fewer than 12 credits.
In addition to these specific criteria, students must maintain satisfactory academic progress (SAP) to maintain eligibility for all forms of financial aid.
Tips and Other Info
- Your financial aid may change if: your FAFSA changes as a result of verification or updated information; you take fewer than 12 credits; your residency changes; you change your housing plans; or you receive additional financial aid not included in this offer.
- If you have been awarded scholarships from organizations other than Longwood, congratulations! You must send copies of all scholarship award notifications to the Office of Financial Aid.
- Remember—you must complete a FAFSA every year! The new FAFSA opens October 1 for the following academic year, and Longwood’s priority filing deadline is March 1.
- Budget wisely, and borrow only what you need! It’s easy to spend now, but making student loan payments later will add up. Live like a college student now so you don’t have to later!