How financial aid is determined
The Office of Financial Aid uses the Free Application for Federal Student Aid (FAFSA) and our supplemental aid application or the CSS profile, along with federal tax returns, to determine the ability of your family to contribute toward your college expenses.
Eligibility for aid
Students must complete all financial aid requirements annually to be eligible for need-based aid. Lawrence University expects that students will contribute at least $2,000 per year from earnings during summer and/or winter break.
Financial Aid Checklist
Note: If you miss the financial aid priority deadline associated with your admission application deadline, you are welcome to apply under any later financial aid priority deadline. (Lawrence University sends financial aid offers only to admitted students.)
Types of Aid
University, State, and Federal Grants
Grants are based on demonstrated financial need and do not need to be repaid to the issuer. The dollar amount varies depending on your individual household circumstances. Grants are not automatically renewed at the same dollar level each year, but will remain consistent with your demonstrated financial need.
If you are a Wisconsin resident...
You may be eligible for a Wisconsin Tuition Grant. To be considered for this grant, you must complete the FAFSA each year by April 1st.
If you are a Vermont, Rhode Island, Pennsylvania, and the District of Columbia resident...
Your state may provide grant money to residents to attend out-of-state colleges. You should contact your state agency to determine eligibility for these awards.
These loan options allow you to use your future earning potential to offset some of your present educational costs.
Federal Direct Loan
In the case of a need-based loan (Subsidized Stafford Loan), the government pays the interest on the loan while you are in school. Additionally, you may be eligible for an unsubsidized loan. In the case of unsubsidized loans, while repayment does not begin immediately, you are responsible for interest that accrues while you are enrolled. Learn more about Federal Direct Loans.
Federal Parent PLUS Loan
This loan options allow families to cover all or a portion of their remaining balance. With the Federal Parent PLUS Loan, the loan is in the parent's name. To be approved for a PLUS Loan, a parent must not have "adverse credit history." Learn more about the Federal Parent PLUS Loan.
Private Student Loans
This loan option allows families to cover all or a portion of your remaining tuition balance. With a private student loan, the student is the borrower. However, most students need a co-signer in order to be approved for a private student loan. Learn more about Private Student Loans.
Federal Work-Study and Campus Employment
A wide array of on-campus positions are available on an annual basis. You will be paid directly every two weeks for the number of hours of work you complete. You may use these earnings to pay any outstanding balance on your account or for other incidental educational and personal expenses.
Office of Financial Aid
For more information about the financial aid process, including important deadlines, checklists, and other information may be found through the Office of Financial Aid.