Financial Aid and Teaching Certificates

Financial Aid Eligibility

Students that have already graduated from Lebanon Valley College or another institution with a bachelor’s degree and are returning for an extra semester(s) to complete a teaching certificate may be eligible for limited financial aid.

 

Some Things to Consider:

  • Students interested in borrowing any federal loans (Subsidized/Unsubsidized, PLUS), must file the Free Application for Federal Student Aid (FAFSA).
  • Any student who graduated with a bachelor’s degree from LVC who is returning full-time (12 or more credits per semester) is eligible to receive the Alumni Tuition Discount which is the equivalent of the Mary Weiss Scholarship for the incoming class. Alumni enrolling less than 12 credits will also receive a tuition discount. Please visit here under the Tuition & Costs for Part-Time Undergraduates -> Special Fees section for the amount.
  • Students who have already earned their first Bachelor’s degree are not eligible to receive any federal or state grants.
  • Dependent students are eligible to borrow up to $5,500 in Federal Direct Subsidized and Unsubsidized Loans. Independent students and dependent students who can’t borrow the PLUS Loan can borrow an additional $7,000 in Unsubsidized Loan, if they still have remaining eligibility in their aggregate borrowing. Students can determine their aggregate borrowing history by visiting studentaid.gov. Students taking one extra semester to pursue a teaching certificate may borrow the full $5,500 and $7,000 in one semester, if otherwise eligible. The aggregate borrowing maximum amounts are as follows:
  Subsidized Total (Subsidized & Unsubsidized)
Dependent Undergraduates $23,000 $31,000
Independent Undergraduates & Dependent Students whose parents can’t get PLUS $23,000 $57,500
Graduate & Professional Students $65,500 $138,500
  • The parent of a dependent student returning to pursue a teaching certificate still may borrow a parent PLUS Loan on behalf of the student. Independent students are not eligible for PLUS. Additionally, both dependent and independent students may also borrow a Private Student Loan.