Obtain Financial Clearance

For every student, financial clearance means demonstrating your intent to pay all tuition, fees, room, meals, and related charges for a given semester. Financial clearance can mean different things for different students. For some, it may mean completing the FAFSA, and/or submitting proof that a third party, such as the VA, Voc. Rehab, an employer, a 529 plan, or another third-party payer pays all or a portion of their semester charges. For others, it may mean creating a payment plan. Financial clearance means that each student should take the necessary steps to pay their charges in full or make arrangements to cover their total LU charges for the given semester.

Step 1: Review and accept your Financial Aid Award Package
Log into your LU Self-Service to review and accept your Financial Aid Award.

Step 2: Complete your Entrance Counseling & Master Promissory Note
If you are a first-time borrower at Lincoln University, visit Studentaid.gov to learn about your loan obligations and the requirements for a Master Promissory Note, which allows you to receive loans for one or more academic years. Additionally, you will need to complete the Entrance Counselling on the same site. Both items need to be completed for your aid to disburse to your bill.

Step 3: Review your Bill
Please review your bill. If a remaining balance exists after financial aid and any LU scholarships have been applied, please see the options below for covering the outstanding amount.

  • Outside Scholarships: Explore external scholarships to help offset your out-of-pocket expenses. Visit lincoln.edu/outside-scholarships for opportunities.
  • Alternative Loans: If needed, explore private or alternative student loans. Learn more at lincoln.edu/loan-info.
  • Payment Plan: Lincoln University offers payment plans through Nelnet, allowing you to divide your )remaining balance into manageable monthly payments. To enroll, visit Nelnet Payment Plans.
    • Nelnet Enrollment Dates
      • June 1st - June 30th - 25% Down Payment (6 Month Plan)
      • July 1st - July 30th - 7/1-7/30 40% Down Payment (5 Month Plan)
      • August 1- August 31st - 55% Down Payment (4 Month Plan)

For more information regarding Finanical Clearance, please visit, https://www.lincoln.edu/admissions/cost-attendance/financial-clearance.html.