Financial Aid Rules and Procedures
Lyon Scholarships for 2019-20
Lyon offers the following merit-based and need-based scholarship programs for the 2019-20 academic year. Lyon reviews its scholarship programs annually and makes modifications as appropriate. Consequently, the number and size of awards may vary from year to year. Institutional scholarship maintenance requirements are outlined in the section on “Financial Aid Eligibility” (see above). Scholarship maintenance requirements that are specific to particular scholarships are outlined in the scholarship descriptions that follow below. In cases where a student’s total federal, state, and institutional grant and scholarship aid exceed $1,500 above the charges billed to the student by of the College, that student’s institutional scholarship will be reduced appropriately.
Lyon Honors Fellowships
A select number of entering freshman students will be invited to apply and interview for limited spots in the prestigious Lyon Honors Program - a rigorous course of study designed to provide highly-skilled, motivated students the opportunity to study, travel, hone their research skills, and exchange ideas in a challenging and supportive academic environment. With an offer of a Lyon Honors Fellowship comes an annual stipend up to the cost of tuition. Lyon Honors Fellowships are valid for up to eight semesters of full-time study as long as the student maintains a cumulative grade point average of 3.25 by the end of the first year and each year thereafter and meets all other institutional scholarship maintenance scholarship requirements. Lyon Honors Fellows are required to reside on campus.
Lyon College awards academic merit-based aid according to a review of a student’s application and academic performance. These amounts are annual and renewable for up to eight semesters of undergraduate study provided that the student maintains requirements. Students will be notified of their award by the Admissions Office staff after being accepted.
A typical student that has at least 20 on the ACT and at least a 2.5 transcript GPA may be offered one of the following scholarships. These merit-based scholarships range from $10,000 to full tuition.
- Trustee Scholarship - $18,000 awarded annually to students with a minimum ACT score of 28 and a minimum high school GPA of 3.5
- President’s Scholarship - $15,000 awarded annually to students with a minimum ACT score of 24 and a minimum high school GPA of 3.0
- Dean's Scholarship - $13,000 awarded annually to students with a minimum ACT score of 20 and a minimum high school GPA of 2.5
- Lyon Academic Award – Up to $10,000 awarded annually to accepted students who do not meet the requirements to qualify for the other Lyon academic scholarships listed above. The amount is based on academic performance, ACT or SAT score, and co-curricular activities.
Tartan Transfer Scholarships
Lyon welcomes qualified transfer students who have demonstrated their academic ability and commitment to the pursuit of higher education at other institutions. Lyon College offers academic scholarships to accepted students transferring to Lyon from two-year and four-year institutions.
Those transferring from two-year institutions with a college GPA under 3.5 may receive $13,000 annually; those with a college GPA of 3.5 or higher may receive $15,000 annually. Associate degree holders are awarded an additional $1,000 annually.
Those transferring from four-year institutions with a college GPA under 3.5 may receive $14,000 annually; those with a college GPA of 3.5 or higher may receive $16,000 annually.
Lyon is an NAIA Division School and competes in the American Midwest Conference. A limited number of athletic scholarships are available for student-athletes who are members of Lyon's intercollegiate athletic teams. Coaches award athletic scholarships. Visit lyonscots.com to learn more. Athletes must comply with NAIA Division I eligibility regulations (see Athletic Handbook) and meet all other institutional scholarship maintenance requirements.
Apple/Upward Bound Scholarships
Graduating high school seniors accepted to Lyon who have successfully completed the Apple Project or the Upward Bound Math & Science Program will be eligible for our Apple/Upward Bound Scholarship, a $1,000 annual award to be added to other institutional scholarships and grants. However, total institutional aid may not exceed the amount of tuition.
International Baccalaureate Scholarships
Accepted applicants who are International Baccalaureate Diploma candidates receive a $1,000 award in addition to their main Institutional (Lyon-funded) scholarship. IB Diploma candidacy must be confirmed by student’s high school if not listed on the transcript.
Lyon offers a limited amount of performance awards annually to members of the entering students who demonstrate outstanding ability in music, theatre, or visual art. This performance award will be awarded in addition to any and all other Lyon institutional scholarships and grants, though total institutional aid shall not exceed the cost of tuition. (Only one participation award per student)
Candidates must schedule a campus audition or portfolio review through the Admissions Office.
Vocal Music: Two contrasting pieces with sheet music for piano accompaniment; an accompanist is provided.
Theatre: Two contrasting 1-minute monologues (reflecting your age and gender).
Visual Art: Portfolios should consist of no more than 15 works of art, reflecting the student's ability to use a variety of mediums. We prefer actual works over digital files, though exceptions can sometimes be made.
Instrumental Music (Marching, Concert, or Jazz Band): Two contrasting pieces, with scales up to three sharps and three flats, two octaves.
Scottish Heritage: demonstrate outstanding ability in piping, drumming, or Highland dance. Scottish fiddle, accordion, or other instruments may also be considered.
Lyon College Legacy Award (Additional Materials Required)
Lyon College is proud to offer incoming freshman the Legacy Award—a $1,000 per year grant, renewable up to 4 years. The Legacy Award will be available for any incoming student who is the sibling, child, or grandchild of a Lyon College/Arkansas College graduate or current full-time Lyon student. That's $4,000 off your tuition, over 4 years, just for picking the same college as your sibling, parent or grandparent! This $1000 per year Legacy Award will be awarded in addition to any and all other Lyon institutional scholarships and grants, though total institutional aid shall not exceed the full cost of tuition.
- For more information, please call 870.307.7250 or email firstname.lastname@example.org.
Presbyterian Grant (Additional Materials Required)
- To celebrate and continue building on the rich tradition of Lyon College, founded as Arkansas College by Arkansas Presbyterians in 1872, Lyon is excited to offer a Presbyterian Grant, valued at $1,000 per year, to incoming students who are current members in good standing of any Presbyterian Church for a period of at least one year. This Presbyterian Grant will be awarded in addition to any and all other Lyon institutional scholarships and grants, though total institutional aid shall not exceed the full cost of tuition.
- Simply have the pastor of your church send a signed letter on church letterhead stating that you are a current member in good standing of the Presbyterian church s/he pastors and that you have been so for a period of at least one year. Have the pastor send this letter directly to the following address:
P. O. Box 2317
Batesville, AR 72503
ATTN: Financial Aid/Presbyterian Grant