Frequently Asked Questions

What is financial aid?

Federal Student Aid (FSA) consists of grant and loan programs provided through the U.S. Department of Education that are designed to assist students and their families with the costs of higher education.

What types of military benefits do you accept?

Please visit our military benefits page to see a detailed breakdown by military branch.

Am I eligible for financial aid?

In order to use Federal Student Aid (FSA) funds to attend Lionel University, you will need to meet the following criteria:

  • Have a high school diploma, GED or state-recognized equivalent
  • Be a U.S. citizen or eligible resident noncitizen
  • Have a valid Social Security Number*
  • Have registered with the Selective Service between ages 18 and 25 (if male)*
  • Maintain satisfactory academic progress
  • Be enrolled in an eligible program


*If you are an eligible resident noncitizen and do not meet these criteria, please contact the Financial Aid Office.

Which Lionel programs are eligible for financial aid?

The following are eligible programs:

  • Bachelor of Science in Exercise Science
  • Associate of Science in Exercise Science with an Emphasis in Personal Training
  • Master Trainer certificate program

The individual certificates that make up the Master Trainer and self-paced coursework (also called correspondence courses) do not meet the eligibility criteria for FSA funds.

Be sure to check on requirements for all funding sources you intend to use. Eligibility will vary for active-duty military, veterans, and other beneficiaries.

What is Lionel’s Federal School Code?

Lionel’s Federal School Code is 042434.

How do I apply for financial aid?

Complete the Free Application for Federal Student Aid (FAFSA). 

The FAFSA takes about 30 minutes to complete. To determine which funds you are eligible for, you will be asked to enter information about your income and taxes paid, so please have your most recent tax returns on hand to help you complete it. Check out this video for more detailed guidance.

Enter our Federal School Code to send the results of the FAFSA to Lionel University: 042434. You will also need to complete the FAFSA for the correct Award Year in order to receive funds for the terms you are attending. Please compare your intended start date with the chart below:

What is the deadline to apply for financial aid?

In order to receive on-time disbursement during either session of a given term, you must meet the deadlines posted below.

What financial awards can I expect?

Lionel University participates in two Federal Student Aid (FSA) programs: Pell Grants and Direct Loans. This video may be a helpful introduction to both.

This video covers some things you want to consider before deciding to borrow a Direct Loan.

To put students in the best position to succeed after graduation, you are highly encouraged to borrow only the amount necessary to complete your educational program.

Do I need to pay for textbooks?

No! A digital version of the textbook is embedded in each course at no additional cost. Unrestricted access is available seven days prior to the start of class and throughout the quarter. 

How do I transfer my prior college credits?

Lionel University completes transfer credit evaluations free of charge. Once you complete your application, simply request that your past schools send your official transcripts to registrar@lionel.edu. The application will provide information on what to request and where to have it sent, and an assigned Admissions Advisor will be standing by to assist you with any questions you have along the way.

Download our financial aid guide to learn more about benefits and scholarships.

Our Financial Aid Guide will answer your questions about what types of assistance are accepted by Lionel University.

Download our financial aid guide

Frederick C. Hatfield Memorial Scholarship

Frederick C. Hatfield, PhD, was co-founder of the International Sports Sciences Association and a world-champion powerlifter. He embodied all of the qualities that we look for in our students. To honor his memory, we created the Frederick C. Hatfield Memorial Scholarship, which is awarded to one applicant each year. The scholarship covers the full cost of tuition for the Lionel University associate degree program.*

*Up to $19,800

Learn More
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