Students awarded academic scholarships must maintain a minimum cumulative GPA in order to retain them. GPA requirements vary depending on which scholarship/s a student holds. Every semester after grades are posted, the LTU Office of Financial Aid monitors the grades of all scholarship holders including academic and athletic to ensure that the students are meeting their scholarship requirements.
The academic scholarship that you are awarded as an incoming student is the scholarship that you will retain as long as you are a student at Lawrence Tech and continue to meet the qualifications for the scholarship. To comply with university policy, students can only be awarded one academic scholarship.
If it is found that a student is making Satisfactory Academic Progress and maintaining a GPA higher than 2.0 but below the GPA required by their scholarship/s, the student may be offered a one-time semester of grace for their scholarship. This extension is never a guarantee and is dependent upon the funds available at that time. The student’s GPA will be re-evaluated the following semester, after grades are posted, to determine if they have achieved the minimum required GPA for the scholarship. If the required GPA has not been attained, the student’s scholarship will be suspended. The student will be notified of the scholarship suspension.
Once a student has re-established the required cumulative GPA, the student must fill out a scholarship petition or email the Director of Financial Aid. The re-awarding of the scholarship will then be considered. Reissue of a scholarship is never a guarantee and is dependent upon the funds available at that time.
Scholarships will no longer be reduced to a lower award level to accommodate a student’s failure to maintain an acceptable GPA. In all circumstances, scholarships are only available for eight (8) semesters. Students whose cumulative GPA falls below 2.0 will immediately have their scholarships suspended with no grace period, this includes athletic as well as academic scholarships.
In the case of an academic “reset,” academic scholarships will be reinstated using the current GPA. If there is no established GPA, the student must complete a minimum of 12 credit hours at LTU to be reconsidered for their original scholarship. Reinstatement of the original scholarship is never guaranteed. A minimum of 12 credit hours/full time status is required for all scholarships with continued enrollment (no stop outs) with the exception of the Trustee Transfer Scholarship which can be prorated at less than full time status.
Scholarships are based on the availability of funds and some academic scholarships are only offered on a limited basis. LTU regulations restrict the total amount of Institutional aid a student can receive, this includes; academic scholarships, athletic scholarships and any other combination of institutional scholarships or aid.