A grant is a need-based award that does not have to be paid back. Federal Pell Grants
are available to undergraduate students and provide a foundation to which other forms
of financial aid may be added. To determine if you are eligible, the U.S. Department
of Education uses a standard formula, established by Congress, to evaluate the information
you report on the FAFSA. The maximum Pell Grant award for 2020-2021 is $6,345.
Federal Supplemental Educational Opportunity Grants (FSEOG) are awarded to undergraduate students who have exceptional financial need and receive Pell Grants in that award year. The average FSEOG award at Lincoln Memorial University is $600-$1,200 per year.
State Grants and Scholarships
The Tennessee Student Assistance Award (TSAA) is awarded to Tennessee residents with an Expected Family Contribution of $3,500
or less. The maximum TSAA award is $4,000, and the TSAA is awarded on a first-come,
The Tennessee Education Lottery Scholarship (HOPE Scholarship) is available to Tennessee residents with a minumum 21 ACT, 980 SAT or 3.0 final high school GPA. For additional information, rules and regulations, please visit the Tennessee HOPE Scholarship section of the Tennessee Student Assistance Corporation (TSAC) website.
The Tennessee General Assembly Merit Scholarship (GAMS)- This is a supplement to the HOPE Scholarship; students must be HOPE eligible, Minimum 29 ACT (Composite)/1280 SAT (Math + Critical Reading ONLY) on a national or state test date AND 3.75 final weighted GPA for entering freshman graduating from eligible public or category 1, 2 or 3 private high schools. Please see the TSAC website for further information about Homeschooled students.
The Tennessee Aspire Award- This is a supplement to the HOPE Scholarship; students must be HOPE eligible. Students may receive either Aspire Award or GAMS, but not both. Parents or independent student's (and spouse's) adjusted gross income must be $36,000 or less on IRS tax form.
Please go to the Tennessee Student Assistance Corporation's website to find out more about the deadlines for these and other grants and scholarships.
Each year, Lincoln Memorial University awards incoming students with Academic Excellence Awards (Scholarships). Academic Excellence Awards are awarded to freshmen based on high school GPA and ACT/SAT scores (do not include writing scores). These Awards help make LMU an affordable choice. The amounts listed are yearly amounts, which are divided between the Fall and Spring semesters.
2020-2021 Academic Excellence Awards
Avg. High School GPA
Avg. ACT Score
*Limited number of full tuition scholarships available; for details see "LMU Trustee Full-Tuition Scholarship" below.
Academic Excellence Awards are awarded to incoming transfer students based on their
college GPA. For 2020-2021, these awards range from $2,000 to $7,000 an academic year.
In order to apply for need-based financial aid, there is only one application to fill out: The Free Application for Federal Student Aid (FAFSA). The FAFSA is required for students receiving an Academic Excellence Award. Apply after October 1 (LMU School Code - 003502).
All students who have been accepted to LMU will be considered for academic awards. All scholarships are renewable for three additional years provided the student maintains a cumulative 2.0 GPA.
Academic award recipients are expected to take an active part in student life by becoming involved in at least one of the University's recognized student organizations (for which you are not receiving scholarship money) each semester. Recipients are also required to complete 10 hours of campus/community service each semester.
Cornerstone Scholarship: If a student has an average high school GPA of 2.63 and a satisfying ACT score, and is accepted to the LMU Cornerstone Program, they may qualify for a Cornerstone Scholarship of $4,000 for their freshman year. Please contact an Admissions Counselor for further details.
NOTE: All academic awards must be applied toward tuition, books, fees, room and board expenses. All other financial aid including federal, state, outside scholarships and institutional grants will be credited to the student's account first, with the academic award picking up the balance of the student's institutional aid eligibility. No cash refunds will be made.
LMU Trustee Full-Tuition Scholarship
Eligibility, Application, & Timeline
Each year, there are a limited number of full-tuition scholarships available for which for eligible students can apply. Due to the limited availability and the impact of this scholarship, the process is competitive and multi-faceted.
Eligibility Requirements for 2021-2022:
- A current high-school senior who will graduate high school in time to start college Fall 2021
- ACT composite score of 30 or higher -OR- SAT composite of 1370 or higher
- Unweighted high school GPA of 3.5 or above
- Submit an application and all required documents to Lincoln Memorial University
Timeline & Process for the 2021-2022 Year:
- The Office of Undergraduate Admissions will continuously monitor our applications to see which applicants meet the above criteria until end of day November 1, 2020.
- Students who meet the above eligibility requirements (on or before November 1, 2020)
will be invited via letter/email to submit the following to the Office of Undergraduate
Admissions (admissions@LMUnet.edu) no later than end of business November 30, 2020.
- Full-Tuition Scholarship Application (including written statement and resume) included
in invitation email (attached fillable PDF)
- Includes Video submission (instructions on how/where to submit this are in the application form)
- Official copy of their high school transcript
- Official test scores (ACT or SAT)
- Full-Tuition Scholarship Application (including written statement and resume) included in invitation email (attached fillable PDF)
- The Full-Tuition Scholarship Committee will review all candidates who have completed and submitted ALL necessary application materials.
- Those who are selected to move on to the next round of consideration will be notified by December 18, 2020 and invited to participate in the LMU Trustee Full-Tuition Scholarship Event (January 15, 2021).
- During the January 15 Trustee Full-Tuition Scholarship Event, the final candidates
will participate in the following:
- Zoom interview with selection panel
- Timed writing exercise via Zoom
- Student Life Presentation (Dr. Owens or Mrs. Syeon)
- Virtual Tour Session
- The finalists who will be awarded Full-Tuition Scholarships will be notified by January 29, 2021.
- Finalists who were not selected to receive Full-Tuition Scholarships will also be notified by January 29, 2021.
- Those selected to receive the Full-Tuition Scholarships will need to submit via email their Confirmation of Acceptance by Monday, February 8, 2021.
Note: By confirming their receipt of the full-tuition scholarship, the candidate also agrees to live & take classes on the Main Campus of Lincoln Memorial University.
Diversity Grant is available for undergraduate students who live on-campus, based upon the student’s
qualities that make Lincoln Memorial University a more diverse student body. Other
criteria when considering students for the Diversity Grant will be grade point average,
activities, leadership qualities, etc. The grant will equal $3,000 per student for
2020-2021 to be used toward on-campus tuition, room and board expenses (after application
of other aid). U.S. citizens and eligible non-citizens must complete a FAFSA form
in order to qualify for the Diversity Grant. All recipients must maintain a 2.0 cumulative
grade point average and maintain Satisfactory Academic Progress in order for the award
to be renewed annually. No application is necessary for renewal of the Diversity
Grant. The application for this grant program can be printed here.
The Lincoln Grant is a need based grant awarded based on the FAFSA results that full-time students may qualify to receive. Students that still have unmet need after federal, state and an academic scholarship may be eligible to receive this grant. The amount awarded to students is determined by their need. The FAFSA must be completed each year in order to be considered for the Lincoln Grant. Lincoln Grant may be impacted by any outside funding received.
The Legacy Scholarship is given to students who have had immediate family members attend and graduate from LMU. This award is typically $1,000 for the year or $500 for the semester.
Athletic Awards are awarded through each specific athletic team.