Lehigh University is committed to a strong need-based financial aid program. We use a combination of grants, scholarships, work study, and loans to meet the gap between the cost of attendance and the calculated Expected Family Contribution. The amount of loans used to meet any student’s financial need will not exceed $5,000 per academic year.
To further enhance this commitment and support for need-based financial aid, and specifically to minimize student loan indebtedness, Lehigh administers its Loan Elimination and Reduction Initiatives. For students who are eligible for financial aid, with a calculated family asset net worth less than $500,000*, and whose family’s calculated annual income** is less than $75,000, their financial aid package will not include any loans to meet their calculated financial need***. For students who are eligible for financial aid, with a calculated family asset net worth less than $500,000*, and whose family’s calculated annual income** is between $75,000 and $150,000, the loan portion of their need-based financial aid package will be limited to a maximum of $2,000 per year.
*Family asset net worth is calculated taking into account primary home equity; other real estate equity; savings/checking accounts; investments; and business/farm equity.
** Family calculated annual income is a combination of taxable and untaxed income, includes both custodial and non-custodial income and may include items added back to income such as losses that are merely tax allowances.
***A family’s calculated financial need is the difference between the total cost of attendance for the year and the calculated EFC.
Qualification for either of these initiatives does not eliminate an Expected Family Contribution (EFC). The EFC is the responsibility of the family and may be paid utilizing current income, savings, a payment plan, borrowing options or some combination. Additional borrowing is at the discretion of the family and is not packaged to meet need.
NOTE: Special circumstances and other changes that occur after our funds have been exhausted may result in unmet financial need, or the use of loans to meet need.
LEHIGH’S NET PRICE CALCULATOR: A tool for students and their parents that gives an idea of a student's eligibility for financial aid and estimates their out-of-pocket expenses. Even if you're not going to college in the near future, the net price calculator will help you to learn about college costs and gather financial aid information. You can create "what if" scenarios based on expected family income and anticipated expenses, so you can start to plan and save well before applying to college.
THE COLLEGE BOARD: A comprehensive site that provides an opportunity to calculate estimates of family contribution under both the Federal and Institutional methodologies. You can register for, and actually complete and file, the CSS Financial Aid PROFILE Application, required by Lehigh University for aid consideration, by using this site. View the College Board's Expected Family Contribution Calculator.
THE U.S. DEPARTMENT OF EDUCATION WEBSITE AND ONLINE APPLICATION: At this website, you can obtain information about federal student aid as well as complete the Free Application for Federal Student Aid (FAFSA), which is required for all federal aid and most state grant programs.
recruiting organizations worked with students through the Center for Career and Professional Development
|Student Type||Deadline to file: CSS/Financial Aid PROFILE®**, Non Custodial Parent Profile, FAFSA|
Deadline to submit: personal and business 2015 Federal tax returns* and W2s
& Lehigh University Financial Aid Application**
|Early Decision I||November 15||Mid-December|
|Early Decision II||January 1||Mid-February|
|Regular Decision||February 1||Late March|
|Fall Transfer||March 1||Late May|
|Current Students||March 15||Late June|
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*Note: Federal Tax Returns must be submitted for custodial parent, student, noncustodial parent (if applicable), and business taxes (if applicable) by the deadlines given.
**These items are required if you are applying for institutional need-based financial aid. You do not need to submit these items if you are applying for Federal Aid only.
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