5th Year Undergraduates

As a student in a 5th-year program, you may be eligible to receive Federal Direct loans. We are not able to offer 5th-year program students federal need-based grants such as the Pell Grant or SEOG. 5th-year program students have the same yearly and aggregate loan maximums as other undergraduates. If you are considered a dependent student, your parent may also apply for the Parent PLUS loan on your behalf. 

Yearly Undergraduate Direct Loan Limits

Dependent student: maximum of $5,500, first-year, $6,500 sophomore, $7,500 junior/senior

Independent student: maximum of $9,500 first-year, $10,500 sophomore, $12,500 junior/senior

Aggregate Direct Loan Limits (combined maximum for all years of seeking an undergrad/5th-year undergrad degree)

Dependent student: maximum of $31,000

Independent student: maximum of $57,500

Students may view their loan history at studentaid.gov website.

  • Students seeking financial aid for the Post-Baccalaureate Pre-Medical and Pre-Allied programs are not considered graduate students; they are considered 5th-year undergraduates taking preparatory coursework. 

    In general, most Post-Baccalaureate students are considered dependents and may receive up to $5,500 in Federal Direct Student Loans (combined subsidized and unsubsidized amounts) during the award period. If a student is determined to be independent, an additional $7,000 in Unsubsidized Federal Direct Students Loans may be available.

    Unsure if you are considered an independent student or a dependent student? Find out here.

    Dependent students whose parents are denied a Parent PLUS loan are eligible to borrow a total of $12,500 in Stafford Loans (up to $5,500 of which can be Subsidized) through the Federal Direct Loan Program. 

    Post-baccalaureate students may only receive Federal Direct Loans for a two-semester period (Fall/Spring) per Federal regulations and must be enrolled at least half-time (6 units per semester). If you are beginning the program with the summer term, only private alternative loans are available for the summer.

    There are several questions Postbac students must answer to determine if they are a dependent or independent student. If you answer "no" to all questions, you MUST provide parental information on the FAFSA even if you no longer reside with your parents or they no longer provide your support. The federal government will still view you as a dependent student and parental information is required for all dependent students.

    When Completing the FAFSA

    When completing the 2023-2024 Free Application for Federal Student Aid (FAFSA), Postbaccalaureate Pre-Medical students should provide the following answers:

    • When you begin the 2023-2024 school year, what will be your grade level? Answer: 5th year/other undergraduates

    • When you begin the 2023-2024 school year, what degree or certificate will you be working on? Answer: You will answer Certificate/Diploma (occupational/technical/education program of less than 2 years)

    • At the beginning of the 2023-2024 school year, will you be working on a master’s or doctorate program? Answer: No

    • Grade Level: Answer: 5th year, Post Baccalaureate Certification, 2nd Degree

    Eligibility 

    • Maintain a cumulative GPA of 2.5
    • Be enrolled at least half-time (6 or more units)
    • Have remaining eligibility for loan borrowing (Not reached lifetime loan limits associated with the credential program)

    Cost of Attendance (COA)

    You can see the Cost of Attendance for your program of study in the Cost of Attendance section of our website. 

  • Students in the Teaching Credential Program are considered 5th-year undergraduate students, not graduates, for Financial Aid purposes and are subject to undergraduate-level loan limits. The types of financial aid available to students pursuing a teaching credential are very specific and different from undergraduate or graduate financial aid. If you are dually enrolled as a credential and master's student, you are considered a graduate student for financial aid purposes.

    To receive Federal aid, students must be enrolled in a minimum of 6 units of credential coursework that is required by the State of California to receive a professional certification or licensing credential. Prerequisite courses and elective courses are not eligible for federal aid.

    Students may be eligible to borrow up to $12,500 in Federal Subsidized and/or Unsubsidized Loans. Dependent students whose parents can borrow a PLUS loan may borrow up to $5,500 in Federal Direct Loans. Parents of dependent students are eligible to apply for the Parent PLUS loan.

    There are several questions students must answer to determine if they are dependent or independent students. If you answer "no" to all questions, you must provide parental information on the FAFSA even if you no longer reside with your parents or they no longer provide your support.

    Unsure if you are considered an independent student or a dependent student? Find out here.

    When Completing the FAFSA

    When completing the 2023-2024 Free Application for Federal Student Aid (FAFSA), credential students must provide the following answers:

    • When you begin the 2023-2024 school year, what will be your grade level? Answer: 5th year/other undergraduates
    • When you begin the 2023-2024 school year, what degree or certificate will you be working on? Answer: Teaching credential (non-degree program)
    • At the beginning of the 2023-2024 school year, will you be working on a master’s or doctorate program? Answer: No

    Programs Eligible for Federal Financial Aid:

    • All Single Subject Credential Programs
    • All Multiple Subject Credential Programs
    • All Elementary Credentials
    • Special Education Credential Program

    Programs Not Eligible for Federal Financial Aid:

    • Administrative Services
    • Pupil Personnel Counseling
    • Non-Degree Certificate Programs

    Types of Available Aid

    Scholarships are available to LMU students. Scholarships are considered gift aid because they do not need to be repaid. There are thousands of scholarships offered by schools, employers, private companies, nonprofits, communities, religious groups, and professional and social organizations. There are also scholarships available from your College or program of study. Please review the links below to begin applying for LMU and outside scholarships. 

           Departmental Scholarships           Scholarship Universe 

    Federal Direct Loan

    Students who file a FAFSA may be eligible for Federal Direct Student loans. Your FAFSA will determine if you are eligible for subsidized or unsubsidized federal loans.

    Federal Direct Loan award amounts:

    • Dependent Credential Students:  Eligible for an annual maximum of $5,500 in loans (up to a lifetime limit of $31,000 – including any loans received as an Undergraduate).
    • Independent Credential Students:  Eligible for an annual maximum of $12,500 in loans (up to a lifetime limit of $57,500 – including any loans received as an Undergraduate).

    Federal Direct Parent PLUS Loan

    Parents of dependent students may apply for a Federal Direct Parent PLUS to cover their student's remaining education costs. Parents may borrow an amount up to the cost of attendance minus any other aid you are receiving.  

    To qualify for the Direct PLUS loan, parents must meet some of the general eligibility requirements for federal student aid and will need to pass a modest credit check. To apply please visit studentaid.gov 

    Cal Grant Teaching Credential Program (TCP)

    If you were awarded a Cal Grant A or B as an undergraduate, you may be eligible to renew your Cal Grant up to 1 additional year while enrolled in a teaching credential program.

    Eligibility

    Who is eligible to apply?

    • Received at least one payment in the Cal Grant A or B program as an undergraduate.
    • Received a bachelor's degree or completed all required coursework for their bachelor's degree.
    • Are accepted and enrolled in a professional teacher preparation program at a California Commission on Teacher Credentialing approved institution within 15 months of the end of the term for which the recipient last received a Cal Grant payment.
    • Have not received or submitted an application for an initial Teaching Credential, such as a Preliminary or Clear Credential.
    • Maintain financial need for a Cal Grant renewal.
    • Enrollment in 12-18 units in coursework required by the State for the credential is required to receive a full Call Grant award. The Cal Grant award will be prorated for three-quarter time (9-11) and half-time (6-8) enrollment. Students enrolled less than half-time are not eligible.

    When to Apply

    Eligible recipients should apply for TCP benefits as soon as possible after completing their bachelor’s degree, or after formally or conditionally being accepted into a teaching credential program at an eligible institution.

    How to Apply

    • Students must complete a FAFSA
    •  Complete and submit the G-44 From and mail to: California Student Aid Commission Grant Programs, P.O. Box 419028, Rancho Cordova, CA 95741-9028

    Golden State Teacher Grant Program           Apply Now

    The Golden State Teacher Grant Program (GSTG) awards up to $20,000 to students currently enrolled in a professional preparation program approved by the Commission on Teacher Credentialing (CTC) and working towards earning their preliminary teaching or pupil personnel services credential. Students must complete their program and obtain their credential within 3 years from the first distribution of GSTG funds and commit to work at a priority school in California for 4 years within 8 years of completing their program.

    Eligibility for the Golden State Teacher Grant

    To be eligible for the Golden State Teacher Grant, a student must meet the following eligibility criteria:

    • Be currently enrolled in a California-based professional preparation program approved by the Commission on Teacher Credentialing (CTC). View an updated list of eligible schools: CTC Approved Teaching Credential Programs
    • Maintain good academic standing (SAP). Please visit the SAP section of our website for additional information.
    • Be working toward your preliminary teaching or pupil personnel services credential.
      • Applicants pursuing a teaching credential who are already in the process of clearing a teaching credential, already hold a clear teaching credential, or are in an induction program are ineligible for the GSTG.
    • Submit a Free Application for Federal Student Aid (FAFSA) or CA Dream Act Application (CADAA)
    • Complete their program and obtain their credential within 6 years from the date their initial GSTG payment is mailed to their institution.
    • Commit to work at a priority school in California for 4 years within 8 years of completing their program.

    *Failure to comply with the terms and conditions in the Service Agreement will require repayment of the GSTG award.

    How to Apply         

    • Submit a Free Application for Federal Student Aid (FAFSA® Application | Federal Student Aid) or CA Dream Act Application (CA Dream Act Application).

    • Submit the Golden State Teacher Grant (GSTG) Application.

    • After the institution verifies the student’s eligibility, the student will be asked to sign their Service Agreement (SA). The SA outlines the program requirements, service commitment, and repayment obligation of the grant. 

      The 2023-24 GSTG application is now open. We will continue to accept applications through April 1, 2024, or until all funds have been awarded, whichever occurs first. The 2024-25 GSTG application will be open from September 1, 2023 through April 1, 2025, or until all funds have been awarded, whichever occurs first. Institutions will be able to review 2024-25 GSTG applications for eligibility and award determination in the spring of 2024, after the opening of the 2024-25 FAFSA and CADAA

    Service Obligation

    Students must commit to work at a California priority school for 4 years within 8 years of completing their professional preparation program. Students agree to:

    • Work as a teacher, school social worker, school counselor, school psychologist, or school child welfare and attendance official
    • Work in an eligible priority school
    • Submit an annual Employment Verification Form

    Priority School

    Priority schools are CA public schools that provide instruction in any grade K-12 with more than 55% of pupils classified as English Learners, eligible for free or reduced-price meals, or current foster youth. Priority schools are not the same as schools funded by Title I.

    The priority school list is compiled annually the California Department of Education (CDE). Nonpublic schools are not eligible as priority schools as they do not report data to CDE. A current list of priority schools is available on CSAC website

    Repayment 

    GSTG recipients have 6 years to complete their program and be issued their preliminary teaching or pupil personnel services credential by the CTC from the date the Commission mails their initial GSTG payment to their institution. Failure to meet this requirement will result in immediate placement on a 4-year Repayment Schedule for 100% of the grant funds disbursed.

    The 8-year timeframe to complete their 4-year service obligation begins on the date they complete their program. At the end of the 8-year timeframe, they will be required to repay 25% of their total awarded amount for each year their service obligation is not met. For those their obligation is met, no repayment will be necessary. The repayment is for funds awarded only, no interest.

     For example, if the obligation is met for:

    •  1 year = Repay 75% of the awarded amount
    •  2 years = Repay 50% of the awarded amount
    •  3 years = Repay 25% of the awarded amount
    •  4 years = No Repayment, obligation complete

    The 4-year service does not need to be completed consecutively as recipients have the full 8 years from their program completion date to complete the obligation. Furthermore, recipients may change schools during their service obligation period as long as they are working at eligible priority schools or CSPPs.

    Next Steps

    Once a student has submitted a GSTG application, they will receive a confirmation email. The student’s institution will verify their eligibility and determine their award amount.

    After the institution verifies the student’s eligibility, the student will be asked to sign their Service Agreement (SA). The SA outlines the program requirements, service commitment, and repayment obligation of the grant. 

    After the SA has been signed, the student’s institution will be able to request payment(s). Unless otherwise requested by the institution, the grant will be evenly disbursed among all terms the student is enrolled in during the academic year. The institution may begin requesting payments for each term according to the following timeline:

    • Fall – August 1
    • Winter – November 1
    • Spring – January 1
    • Summer – April 1

    It takes approximately 6-8 weeks from the date the payment request is submitted for the check to arrive at the institution.

    For more information contact the Golden State Teacher Grant Program at:

    goldenstateteachers@csac.ca.gov
    https://www.csac.ca.gov/golden-state-teacher-grant-program
    phone: 1.888.224.7268

     

    Federal TEACH Grant          Apply Now

    The Teacher Education Assistance for College and Higher Education (TEACH) Grant program is a federal financial aid grant program available to students enrolled in eligible programs. The TEACH Grant Program provides grants of up to $4,000 a year to students who intend to teach full-time in a high-need field at a public or private elementary or secondary school that the U.S. Department of Education has designated as having a high concentration of students from low-income families.

    Agreement to Serve (ATS) 

    TEACH Grant recipient must sign an Agreement to Serve (ATS) annually that explains that the recipient must teach for four years within eight years of completing (or ceasing) enrollment in a TEACH Grant-eligible program.  The grant will convert to an unsubsidized loan if contracted teaching obligations are not met, and interest accrual will be effective as of the date of the first TEACH Grant disbursement.  

    TEACH Grant High-Needs Fields

    High-need fields are the specific areas identified below:
    • Mathematics
    • Science
    • Foreign Language
    • Bilingual Education
    • English language acquisition
    • Special Education
    • Reading Specialist

    School Serving Low-Income Students

    School serving low income students include any elementary or secondary school that is listed in the Department of Education Annual Directory of Designated Low-Income Schools for Teacher Cancellation Benefits.

    Application Process

    General Qualifications

    • Be a U.S. Citizen or eligible non-citizen
    • Be enrolled in a TEACH eligible program 
    • maintaining a cumulative GPA of at least 3.25
    • Be eligible for federal student aid programs
    • Meet standard eligibility criteria for all Federal Title IV financial aid, such as not being in default on a student loan and maintaining satisfactory academic progress

    Award Information

    Program of Study Statutory Annual Maximums Aggregate Limit per program
    Eligible Undergraduate Program $4,000 $16,000
    Eligible Teaching Credential Program $4,000 $16,000
    Eligible Master's Degree Program $4,000 $8,000

    Cost of Attendance (COA)

    You can see the Cost of Attendance for your program of study in the Cost of Attendance section of our website. 

    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 first-year or sophomore level students. Students interested in a career in teaching should visit the School of Education, Center for Undergraduate Teaching Preparation.

    Graduate students: Your educational program must be designed to prepare you to teach as a highly qualified teacher in a high-need field and lead to a master’s degree. 

    Please Note: If you do not complete your service obligation, all TEACH Grant funds you received will be converted to a Direct Unsubsidized Loan. You must then repay this loan to the U.S. Department of Education, with interest charged from the date the TEACH Grant was disbursed (paid to you or on your behalf).