Federal Grants
Federal Pell Grants
The Federal Pell Grant, is a federal, need-based grant awarded to undergraduate students who have not yet earned a bachelor’s degree. LMU awards the Federal Pell Grant to incoming students based on full-time (12 -18 units) enrollment. Eligible students who enroll less than full-time are eligible to receive a prorated Federal Pell Grant.
The 2010-2011 maximum Federal Pell Grant is $5,550. The maximum amount of the Federal Pell Grant for 2011-2012 is contingent upon the approval of the federal budget.
Annual renewal of the Federal Pell Grant is not automatic. Students must apply for federal financial aid each year and meet all federal specified requirements.
Federal Pell Grants are restricted to students pursuing their first undergraduate degree. You may mot receive Federal Pell Grant payments concurrently from more than one institution, even if enrolled part-time at each institution.
Annual renewal of the Federal Pell Grant is not automatic. Students must apply for federal financial aid each year and meet all federal specified requirements.
Federal Supplemental Educational Opportunity Grants (FSEOG)
The Federal Supplemental Educational Opportunity Grants (FSEOG) is a federal, need-based grant awarded to undergraduate students who have not yet earned a bachelor’s degree. Priority is given to students who demonstrate exceptional financial need and who have been awarded the Federal Pell Grant.
Full-time enrollment (12-18 units) is required to receive this award. FSEOG funds are limited and funds may not be available for applicants who do not meet LMU’s priority funding deadlines.
The amount that FSEOG eligible students may receive will be between $500 and $1,000 based on financial need and the available funding at LMU.
Annual renewal of the Federal Supplemental Grant is not automatic. Students must apply for federal financial aid each year and meet all federal specified requirements. Awards depend on available funding at LMU. This grant is not available for enrollment beyond eight semesters or for enrollment in a second Bachelor's degree program.
Federal Teach Grant
The Teacher Education Assistance for College and Higher Education (TEACH) Grant Program provides grants of up to $4,000 per year to students who intend to teach in a public or private elementary or secondary school that serves students from low-income families. To be considered for a Federal TEACH Grant, students must initiate the process of completing an Agreement to Serve (ATS) and TEACH Grant Counseling. Recipients of a TEACH Grant must agree to the following:
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Serve as a full-time highly qualified teacher at a school serving low income students in a high-need field.
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Serve for at least four academic years within eight years of completing the program of study for which you received a TEACH Grant.
- If you receive a TEACH Grant but do not complete the required four years of teaching service within eight years after you complete (or otherwise cease to be enrolled in) the program for which you received the grant, all TEACH Grant funds you received will be converted to a Direct Unsubsidized Loan that you must repay with interest.
LMU TEACH Grant Awarding Policy
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Be a U.S. citizen or eligible non-citizen.
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Have and maintain a minimum 3.25 GPA.
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Undergraduate students must have formally declared a minor in the School of Education in Elementary, Secondary, Bilingual or Special Education. Students are allowed to declare a minor after achieving junior standing therefore LMU does not award the TEACH Grant to freshman or sophomore level students. Students interested in a career in teaching should visit the
School of Education, Center for Undergraduate Teaching Preparation.
Students who are graduating, cease to receive a TEACH Grant in a following academic year, or are enrolled less than half time must complete TEACH Grant exit counseling at www.nslds.ed.gov
The Federal Academic Competitiveness Grant (ACG) and the National Science and Mathematics Access to Retain Talent Grant (National Smart Grant) have not received federally authorized funding beyond the current 2010-11 Award Year; therefore, these federal grants are not available for the 2011-2012 Award Year.