Students awarded academic scholarships must maintain minimum cumulative GPAs in order to retain them. GPA requirements vary depending which scholarship/s a student holds. Each year in May, after spring grades are posted, the LTU Office of Financial Aid monitors the grades of academic scholarship holders 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 be in compliance 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 in December, after fall 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 semesters. Students whose cumulative GPA falls below 2.0 will immediately have their scholarships suspended with no grace period.
In the case of an academic “re-set” 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. A minimum of 12 credit hours/full time status is required for all scholarships with the exception of the Trustee Transfer Scholarship.
Merit Scholarships are based on the availability of funds and some merit scholarships are only offered on a limited basis. LTU regulations restrict the total amount of Institutional aid a student can receive, this includes; merit scholarships, athletic scholarships and any other combination of institutional scholarships or aid.