What is Satisfactory Academic Progress? For the purpose of determining financial aid eligibility under Title IV of the Higher Education Act (HEA) of 1965, an institution must establish reasonable standards for measuring whether a student is maintaining satisfactory academic progress (SAP). How do I maintain SAP? To maintain SAP and retain federal aid eligibility, you… Read More
You can view your current SAP status on myLSU after grades are posted at the end of each semester. my.lsu.edu > Financial Services > Financial Aid > SAP Status Passing: You are meeting minimum standards and will be eligible to receive aid in the upcoming semester. Suspension: You are not meeting minimum standards and you… Read More
Federal Direct Loans If you have accepted federal direct loans on myLSU and you are a first-time borrower, you must complete entrance counseling and the master promissory note (MPN) before your loan funds can be disbursed. You must also be enrolled at least part-time (6 credit hours or more for an undergraduate). Parent Plus Loans… Read More
What is completing registration? Completing registration means you have paid your fee bill and selected the “complete registration” button. You must complete registration by the published due date, or your classes will be purged from your schedule. You must complete registration, even if your balance is zero, by selecting the “complete registration” button. How do… Read More
Don’t Put It Off Education loans have a variety of deferment and forbearance options that can help you if you truly need a break from payments. By keeping these options to a minimum, you can reduce the cost of your loan and shorten repayment periods. Borrowers who use less than six months of forbearance are… Read More
To maintain TOPS, you must meet all of the following criteria: enroll full-time on the 15th class day of each semester earn 24 credit hours each year over the fall, wintersession, spring, spring intersession, and summer semesters have continuous enrollment through consecutive fall and spring semesters maintain the GPA required for your specific award by… Read More
Read the May 2015 edition of the LSU Financial Aid Newsletter for great tips on navigating the financial aid process and maintaining your financial aid. This newsletter is intended for both prospective and current LSU students. Check back monthly for more newsletters.
Step 1: Log in to your myLSU account to view your financial aid award. my.lsu.edu > Financial Services > Financial Aid Step 2: View LSU’s current estimated yearly costs at www.lsu.edu/undergradcost Step 3: Subtract total estimated financial aid from the estimated yearly cost. Zero balance: you owe nothing Positive number balance: that is the amount… Read More
The Good Most students, regardless of their income or their parent’s income, may qualify for a federal direct student loan offered by the Department of Education. Federal Student Loans historically offer lower interest rates (as compared to a private student loan) and better repayment options. The options for repayment are income-contingent, income-based, or pay as… Read More
The FAFSA application opened on January 1, 2015. Students interested in applying for financial aid, as well as TOPS should complete this application. Students must complete the FAFSA each year they wish to receive financial aid. The FAFSA is a free application, and you should never be charged a fee to complete it.