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Financial Aid

FINANCIAL AID

Jim DuggerDirector of Student Financial Services
Phyllis Nettles Torry
(901) 435-1555
Mailing Address
LeMoyne-Owen College
807 Walker Avenue
Memphis, TN 38126

Telephone/Email Contact
(901) 435-1575

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LeMoyne-Owen College
807 Walker Ave
Memphis TN 38126
Main Telephone: (901) 435-1000
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Changes in Enrollment Status & Withdrawing

Changes in enrollment status and/or withdrawing from the university can result in a balance owed to Middle Tennessee State University and a loss of eligibility for all types of financial aid. Below is a schedule on how aid will be adjusted based on changes in a student’s enrollment status.

General Effects on Financial Aid

  • Student’s who drop classes during the first 14 days will have their aid adjusted based on their enrollment status. All types of financial aid are subject to this rule.
  • Any student who drops below 6 undergraduate or 5 graduate hours during the first 14 days will have their loan awards cancelled for that term.
  • Students must be in attendance at least 61% of the semester to earn 100% of their aid. Any student who withdraws prior to 61% of the semester will have their aid adjusted for the semester. This may result in a balance owed to the University. Please check with Records Office for the 61% date.
  • Any student who is reported by their instructors as “stopped attending” or “never attended” in all classes will be classified as an unofficial withdrawal from the university. Students will have their financial aid adjusted and/or may lose future eligibility for all types of financial aid.
  • Students who withdraw from the university or earn zero hours for the current term will be placed on Financial Aid Probation for the next term enrolled.


IMPORTANT:
Any student who withdraws from the university and is currently on Financial Aid Probation will be suspended from aid for future semesters!

Effects on the Tennessee Lottery Scholarship

  • Any first-time freshman who withdraws from the university during the first 14 days will have their Lottery Scholarship(s) cancelled for that semester. However, students will not lose future eligibility for the Lottery Scholarship if they re-enroll within 16 months from their high school graduation date.
  • Any continuing or transfer student who withdraws from the University before or after the first 14 days of a semester will lose future eligibility for their Lottery Scholarship(s).
  • Any student who is enrolled as a full-time student, 12 or more hours, and drops below 12 hours after the first 14 days of a semester will not have adjustments made to their Lottery award(s) for the current semester, unless a tuition credit is granted by the university. The student will, however, lose future eligibility for their Lottery Scholarship(s).


Contact your counselor in the Financial Aid Office to discuss specific details regarding your Lottery Scholarship.

Always contact your counselor in the Financial Aid Office by phone at 901-435-1550 or via your counselor’s email address before you make any decisions to drop classes or withdraw from the university!