Financial Aid Office

LSSU Scholarship Renewal Requirements

Congratulations on receiving a Lake Superior State University scholarship. If your scholarship was offered to you as a “renewable” award, it is important that you have met the criteria listed below each spring when your eligibility is reviewed for the next year.

General renewal requirements include:

(1) You must earn a minimum of 24 credits each academic year while receiving a scholarship, unless otherwise noted in your award, and the minimum cumulative GPA as required by the award.

(2) You must maintain enrollment each semester (fall & spring) as a continuous full time student. Enrollment for summer semester is not included.

(3) If you withdraw or leave LSSU for any reason, your scholarship automatically terminates. If you plan to leave for a study abroad program, internship or health reasons, you may request to have your scholarship reinstated on appeal when you return.

(4) To receive the room and board component of any scholarship, you must be in the on-campus room and board program for the semester. If you leave on-campus housing, the room and board award will be terminated. If you return to campus housing (you must be on the room and board plan for the full semester), you can request reinstatement of the room and board component prior to the beginning of the semester you return.

(5) Most scholarships offered to freshmen are renewable for up to four years. Students in the five year teaching program may be eligible to receive a renewable scholarship in the fifth year of the program.

(6) Changing majors does not affect the Board of Trustees’ Scholarships, but may affect departmental awards that require enrollment in certain majors.

(7) Scholarships are not reinstated on appeal, except for students who have left school for reasons stated in #3.

(8) The scholarship renewal policy is separate from the University’s Academic Standards and Satisfactory Progress Standards for the retention of other forms of financial aid.

(9) If you do not meet renewal requirements when your eligibility is reviewed each May but raise your GPA or credits earned to the minimum requirements prior to the start of the following fall semester, you must notify the Financial Aid Office in writing that your student record has been updated with new information warranting a review.

New Scholarships for Current Students

Renewable scholarships are based on your grade level and number of credits transferred or earned at the time of your award. For example, if you are offered a renewable scholarship as a sophomore, you will generally be eligible for two additional years of scholarship. If an ending date is not stated in your offer of scholarship, please contact the Financial Aid Office if you have questions about the renewal features of your award. Except for students in their fifth year of the teaching program, scholarships are generally not available to students with more than four years of higher education or eight semesters of study.

In addition to the quantitative standards, scholarship winners must meet the following GPA requirements to maintain their awards:

* Includes other renewable institutional scholarships with a value of the Distinguished Scholarship or higher, except the Laker USA awards.

** Includes all other renewable institutional scholarships with a value of less than the Distinguished Scholarship.
(also included the Laker USA Scholarship and Laker USA Mid-West Scholarships)

Note: Note: Transfer credits are included when determining “semesters of study.”

Departmental scholarship recipients must notify the Financial Aid Office if changing their major course of study to determine the affect on their award!