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Cost & Aid


Financial Aid for Lyon College

The Office of Student Financial Aid offers a variety of financial aid resources, including Lyon College's Scholarship Program, federal and state grants, loans, and work-study programs. Over 99 percent of last year's incoming freshmen received scholarships and other forms of financial aid.

Students  must apply and be admitted to Lyon to receive a financial aid award. Applying for financial aid by mid-February ensures maximum eligibility for the aid available.


Apply for Financial Aid


Contact the financial aid office at (870) 307-7250 for more.

Financial Aid Checklist


Complete the Free Application for Federal Student Aid (FAFSA) online at fafsa.gov using your FSA ID for electronic signatures (available at fsaid.ed.gov).

Lyon College FAFSA code: 001088


Are you an Arkansas resident?

Complete the Arkansas Department of Higher Education "YOUniversal" Financial Aid System application.

College Tuition and Fees

Lyon College focuses on creating an exceptional educational and cultural student experience at an affordable cost.  Lyon is among the nation’s elite for best bargain among private, selective liberal arts colleges.

For a complete line-item breakdown of the tuition and fees for this academic year as well as dining plans and housing options, visit the page below.


Tuition and Fees


College Scholarship and Aid Programs

Qualified, accepted students can receive scholarships from a number of different sources, including Lyon College, the federal government, and the state government.

Combined, scholarship earnings for each accepted student can equate to thousands of dollars, heightening the importance of applying early to Lyon College and following specific instructions on federal and state financial aid application processes. 

For details on merit-based scholarships, awards, pell grants, loans, the lottery scholarship, and more, visit our Scholarship and Aid Programs page below.


Scholarship and Aid Programs


Student Account Policies

Student payment policies include options to pay in full or pay on specific plans. Through a third-party partner, Lyon College proudly offers options for students and parents to enroll in payment plans to assist with financial planning throughout college.

For details on payment plan options and student account information, visit the page linked below.


Student Account Policies


Financial Aid FAQs

If you have questions about financial aid at Lyon College, this page is your comprehensive source. The page contains information on sources of financial aid, deadlines and dates for submitted applications, FAFSA details, financial aid packages, and more.

Would you like to see the commonly asked Financial Aid FAQs? Visit the link below.


Financial Aid FAQs


Student Debt

Lyon College works to limit the amount of debt for each student immediately after graduation. Our graduates have one of the lowest average debt totals among colleges and universities in the state. A list of student debt totals is below.


Student Debt



Lyon College’s Office of Business and Finance supplies frequently requested forms for accepted students, current students, and parents.

If you are in search of the Verification Worksheet for Dependent or Independent Students or the Tuition Refund Plan - Waiver of Benefits, visit the page below.




Helpful Links

Lyon College has collected reputable links from across the nation to assist students and parents in the application process.

For resources and information on scholarship opportunities, application forms and assistance, federal aid guidance, and more, visit the link below.


Helpful Links