Summer 2018

Students are encouraged to review all the sections below if they are interested in apply for summer 2018 financial aid. 

 

 

  • How to Apply

    Summer 2018 Financial Aid Eligibility Requirements

    • Complete the Free Application for Federal Student Aid (FAFSA). If you already completed the FAFSA for the 2017-2018 academic year during Fall/Spring, you do not need to complete it again.
    • Submit the Summer Financial Aid Application.
    • To be eligible for federal Title IV financial aid during the summer, students must enroll at least half-time across both sessions combined. See enrollment requirements below.
    • Once your summer financial aid award is available, you will receive an email notification to your Lion email address to view and accept or decline your award via myLMU. Please note that enrollment changes may result in a change to your financial aid package, including possible reduction or cancellation of Federal Direct Loans if your planned or actual summer enrollment changes.
    • Meet other requirements for aid eligibility (for example, not be in default on student loans, not be in overpayment of a federal grant, maintaining safisfactory academic progress, etc.)
    • Have not filed to graduate for Spring 2018

    The 2017-2018 FAFSA will no longer be available to complete after June 30, 2018 so be sure to complete it well in advance of this date. The FAFSA should be completed online at fafsa.gov using LMU's school code (001234). Once you have successfully completed the FAFSA, the information is automatically sent to LMU on your behalf by the Department of Education.

    Students interested only in Summer Work do not need to complete a FAFSA, but must complete and submit a Summer Financial Aid Application indicating their interest in a summer work award. 

    In order to electronically sign your form, you will need a FSA ID. In the past, families and students used a federal PIN number. These PIN numbers have been replaced with the FSA ID process. Even if you have an existing PIN number, you will need to follow these steps in order to Create an FSA ID.

    Minimum Summer Enrollment Requirements for Federal Aid Eligibility

    Program of studyEnrollment requirement
    Undergraduate 6 units (total between both sessions)
    Non-Degree Credential 6 units (total between both sessions)
    Graduate  3 units (total between both sessions)
    Doctoral  3 units or 2 units (dissertation) 

     

  • Types of Financial Aid

    Cal Grant Teaching Credential Program (TCP)

    Undergraduate Cal Grant A and B recipients who plan to enroll in a teaching credential program (TCP) after they receive their bachelor's degree may be eligible to renew their Cal Grant award for an additional year. The additional year of payment is provided to students who are seeking an initial teaching credential and cannot be used for other graduate level courses of study.

    Who is Eligible to Apply? Cal Grant A and B recipients who:

    • Received at least one payment in the Cal Grant A or B program as an undergraduate.

    • Have 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 a Teaching Credential, such as a Preliminary or Clear Credential.

    • Maintain financial need for a Cal Grant renewal.

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

    How to Apply? Eligible students are required to file both a Free Application for Federal Student Aid (FAFSA) or California Dream Act Application ( CADAA) for the academic year for which you wish to receive benefits, and this Request for Cal Grant TCP Benefits (G-44).

    LMU Work Awards

    Summer LMU Work Awards are not based on financial need. The maximum award for summer is $2,000. Students do not need to be enrolled in summer classes to receive a summer work award.

    If you are graduating in May 2018, you are not eligible to work unless you have been admitted into a new degree program at LMU. If you are a senior who will graduate in August 2018, you must be enrolled in summer coursework at LMU to receive an LMU Work award. You are not eligible to receive a work award once you have completed your degree.

    If you are denied a work award through our office, you may still be eligible to work if your position can be funded through the employer’s departmental budget. Make a request for department funded work directly to a prospective employer. 

    NOTE: An offer of an LMU Summer Work Award does not guarantee employment at LMU.

    Federal Direct Student Loans

    To be eligible for a Federal Direct Student Loan, you must be an active degree-seeking student at LMU for the 2017-2018 academic year.

    To determine your Federal Direct Loan eligibility, refer to the information listed below to find the maximum loan amount available for your grade level at the beginning of summer. 

    The Annual (Fall/Spring) Federal Direct Student Loan maximums are:

    Graduate degree seeking  $20,500

    Non-Degree Credential  $12,500 for Independent, or $5,500 for Dependent

    Postbac Pre-Medical are not eligible for summer federal loan, but can apply for an Alternative Private loan

    Federal Direct Parent PLUS Loan

    Parents of Dependent Non-Degree Credential students can apply for a Parent PLUS loan. If you are unsure of your dependency status, visit the Federal Student Aid website for more information. 

    Federal Direct Graduate PLUS Loan

    Graduate students who have an existing Graduate PLUS loan for Fall/Spring should only submit a signed Summer Financial Aid Application indicating that they would like to borrow a PLUS loan for the Summer term. 

    New applicants will be awarded a Graduate PLUS and may accept decline their award on PROWL to borrow a Federal Direct Graduate PLUS Loan to cover summer charges if they are eligible degree seeking graduate students who have completed a 2017-2018 FAFSA, plan to enroll at least half-time, and meet the credit requirements.

    Upon acceptance in PROWL, LMU automatically creates a loan record, which is submitted to the Department of Education. This process will automatically request a credit check. Upon notification of a credit approval and the completion of a promissory note, we will pay the award to your Student Account.

    Note: If you have already completed the 2017-2018 FAFSA and had the results forwarded to LMU you do not need to complete the 2017-2018 FAFSA again. 

    Alternative (Private) Loans

    If your maximum Federal Direct Loan and/or PLUS loan amount(s) do not meet all of your educational expenses, you may apply for an Alternative Private Loan.

    If you are interested in borrowing from an Alternative Private loan program, you may review lending options on ELMSelect. Most lenders require a good credit history or co-singer. 

    If you are interested in borrowing from an Alternative loan program, please visit our section on or Financial Aid Office to speak with a financial aid counselor. We encourage you to maximize all federal loan opportunities before seeking an Alternative Private Loan.

  • Enrollment Requirements, Cancellations, and Withdrawals

    Students receiving Federal Financial Aid for the Summer term are reminded of the following program requirements to retain financial aid eligibility. 

     

    LMU considers the summer term, which consists of session I and session II, the end of the academic school year. Therefore, your federal financial aid eligibility is based upon your remaining annual limits for federal loans and federal grants. Students who receive their maximum grant and/or loan eligibility during the Fall and Spring semesters may not have remaining eligibility for summer.

    Summer 2018 Financial Aid Eligibility Requirements

    • Submit a 2017-2018 Free Application for Federal Student Aid (FAFSA)
    • Meet other requirements for aid eligibility (for example, maintain Satisfactory Academic Progress standards, not be in default on student loans, not be in overpayment of a federal grant, etc.)
    • Have not filed to graduate for Spring 2018
    • Enroll at least half-time. See enrollment requirements below.

    Your eligibility for summer financial aid is determined by the enrollment units you indicate on the Summer Financial Aid Application. Changes in enrollment may impact your summer award. Students are required to notify the Financial Aid Office immediately if their summer enrollment changes from what they reported on the summer Financial Aid Application. 

    Enrollment Requirements

    Program of studyEnrollment requirement
    Undergraduate 6 units (total between both sessions)
    Non-Degree Credential 6 units (total between both sessions)
    Graduate  3 units (total between both sessions)
    Doctoral  3 units or 2 units (dissertation) 

    Cancellations and Withdrawals

    The policies for adding and dropping courses during the summer term are more stringent than the Fall and Spring terms because the summer term consists of two sessions within ONE term. Dropping below half-time or dropping courses for session II after session I has ended may result in the Financial Aid Office being required to return part of your federal aid funds to the Department of Education, or a reduction of your Federal Direct grants and/or loans. This may result in a balance due to the university, which is the student's responsibility to pay.

    Please be aware of the withdrawal policies before you enroll in summer courses. If you receive financial aid and subsequently cancel or withdraw from the University, LMU may be required to return all or a portion of the aid you received. The actual returned amount will be based on published schedules and the date you officially withdrew or canceled your registration. If you cancel or withdraw, notify the Financial Aid Office immediately.

    Summer Session Withdrawal Policy              

    As mentioned previously, the summer term consists of two sessions (I and II) that combined make up the summer term. When a student enrolls in both sessions but fails to attend the second session without officially withdrawing or dropping the session, they are considered to have withdrawn from the entire summer term (both sessions included), and a Return of Title IV funds must be performed. If a student drops a course in session II while still attending session I, the student is NOT considered to have withdrawn based on not attending the later session. However, a recalculation of aid based on the change in enrollment status may be required. If federal aid has already disbursed to the student’s account, the recalculation may create a balance due. If a student withdraws, officially or unofficially, from a current module session and is NOT attending any other courses at the time of the withdrawal, the student is considered withdrawn and a repayment calculation will be completed. Students enrolled in future session courses are required to submit written confirmation of their intent to attend those courses. Written confirmation should be submitted at the time of withdrawal but no later than 5 business days from the date the student was determined to be withdrawn or dropped from a course.

    Recalculation: Cancellation or dropping courses may require a recalculation of aid based on the change in enrollment. If federal aid has already disbursed to the student’s account, the recalculation may create a balance due. If a student withdraws, officially or unofficially, from a current session and is NOT attending any other courses at the time of the withdrawal, the student is considered withdrawn and a repayment calculation will be completed. Students who drop all session I courses but are enrolled in session II courses are required to submit written confirmation of their intent to attend those courses. This will prevent your federal aid from being returned to the Department of Education. Written confirmation should be submitted at the time of withdrawal but no later than 5 business days from the date the student was determined to be withdrawn or dropped from a course.

    Please note: If you are enrolled in both summer sessions and you think you may not attend session II, it is important that you drop session II before the last day of session I. This will prevent you from being subject to the Return of Title IV funds (R2T4).

     2017-2018 Academic Year Structure

    *Please note: Summer is considered ONE term, not two. 

     

    Fall term

    payment period dates 

    Spring term

    payment period dates

    Summer term

    payment period dates

    August 28th - December 15th January 8th - May 4th  May 14th - August 3rd

     

     

  • Session Dates and Deadlines

     

    Summer Session Dates
    Session I May 14 - June 22
    Session II June 25 - August 3

     

    Important Dates and Deadlines:

    • The 2017-2018 FAFSA will no longer be available to complete after June 30,2018 so be sure to complete it well in advance of this date. The FAFSA should be completed online at fafsa.gov using LMU's school code (001234).
    • Summer Session I Application deadline is May 4, 2018.
    • Summer Session I Payment deadline is May 28, 2018.
    • Summer Session II Application deadline is June 15, 2018.
    • Summer Session II Payment deadline is June 30, 2018.
  • Summer Cost Of Attendance

    The Gradaute summer cost of attendance below is an ESTIMATE of your educational expenses for a given period of enrollment. The cost of attendance is the cornerstone of establishing your financial need, and it sets a limit on the total aid that you may receive. The Cost of Attendance includes both direct and indirect costs, such as tuition and fees, books and supplies, room and board, transportation, and personal expenses. 

     

    Example 1: Enrollment in one 3 unit course for a Graduate degree student

    Half-time (3 units in one session)

    Living on campusLiving off campusLiving with parents/relatives

    Tuition & Fees *    

    $3,793 $3,793 $3,793
    Estimated Room & Board $2,376 $2,867 $875
    Estimated Parking & Transportation $140 $206 $183
    Estimated Books & Supplies $309 $309 $309
    Estimated Personal Expenses $401 $501 $546
    Estimated Total Cost   $7,019  $7,676   $5,706

       

    Example 2: Enrollment in two 3 unit courses in sessions I and II. 

    Half-time (6 units, 3 in each session)

    Living on campusLiving off campusLiving with parents/relatives

    Tuition & Fees *       

    $7,586 $7,586 $7,586
    Estimated Room & Board $4,752 $5,734 $1,749
    Estimated Parking & Transportation $279 $411 $366
    Estimated Books & Supplies $618 $618 $618
    Estimated Personal Expenses $801 $1,002 $1,092
    Estimated Total Cost   $14,036  $15,351   $11,411

     

    *Your actual tuition fees are based on your program of study and unit enrollment. 

  • Postbac Pre-Medical and Non-Degree Credentials

    For the purposes of the FAFSA and student aid eligibility, Postbac Pre-medical students and Non-Degree Credential students are considered 5th year Undergraduates and should complete the FAFSA indicating 5th year Undergraduate status, NOT Graduate.

    Post baccalaureate Pre-Medical

    Federal Direct Loans are not available to Postbaccalaureate students for the summer term, but students may apply for an alternative (private) loan. More information on alternative loans can be found here

    Non-Degree Teaching Credential Students

    Independent Non-Degree Teaching Credential students may borrow up to a maximum of $12,500 (per academic year) in Federal Direct Loans.

    Dependent students may borrow up to a maximum of $5,500. Dependent students must provide parental financial data on the FAFSA. Parents of dependent Non-Degree Teaching Credential students are eligible to apply for a Parent PLUS loan. More information on the Parent PLUS can be found 

    Eligibility for financial aid is determined by the completion of the FAFSA, enrollment status, dependency status, and satisfactory academic progress. 

  • Summer Study Abroad

    LMU STUDY ABROAD - If you plan to participate in a summer LMU Study Abroad program, please list your program on the summer 

    application.

    NON-LMU (AFFILIATE) STUDY ABROAD - If you are planning to attend a non-LMU Study Abroad program, you must receive approval from your Dean's Office to transfer the units to your LMU academic record in order to receive financial aid for the program.

    NON-LMU U.S. College or University - You may receive financial aid for which you are otherwise eligible, for enrollment at an accredited school in the U.S. if your Dean’s Office has approved transfer of the units to your LMU academic record.  

    NOTE:  Summer financial aid cannot be processed for enrollment at a Non-LMU (Affiliate) Study Abroad or at a non-LMU U.S. College or University without:

    • An approved Transfer Course Approval form at the Registrar's Office and

    • A completed Consortium Agreement from the host school on file with LMU Financial Aid Office.

    Additional information about studying abroad can be found here.

  • Maintaining Satisfactory Academic Progress

    To be eligible for summer financial aid you must be making Satisfactory Academic Progress (SAP). Summer financial aid awards are contingent upon Spring (SAP). If it is determined that you did not meet Satisfactory Academic Progress (SAP) after Spring grades are submitted, your summer award may be affected.

    For students receiving federal financial aid, summer is considered a term of enrollment and Satisfactory Academic Progress (SAP) will be reviewed at the end of Summer Session II.

    Students who receive financial aid for enrollment through a consortium agreement, for study abroad, or for enrollment in the U.S. at another institution, are required to complete the units for which their consortium was approved according to LMU satisfactory academic progress standards. Transcripts of completed work should be requested to be sent to the LMU Registrar’s Office immediately upon completion of coursework.

    Additional information on Maintaining Satisfactory Academic Progress (SAP) is available  

  • Summer Resident Advisors

    Students selected to participate in the Summer LMU Housing Residential Advisor (R.A.) program will be able to receive R.A. benefits. This will include a room grant and a stipend.

    R.A. room grants are posted directly to your Student Account. Summer R.A.s do not have a meal plan like during the Fall and Spring terms. All room grants and stipends will be considered when determining eligibility for need-based summer financial aid. The R.A. stipend is treated as taxable income. In the event that you have already received aid awards up to your Cost of Attendance, your R.A. benefits will be used to reduce or replace your loans or student work awards before any adjustment is made. For more information about the LMU Residential Advisor program please contact the Housing Office at 310.338.2963.

    Please Note:

    • Summer R.A.s are required to complete the Summer Financial Aid Application to notify our Office that he/she will be a summer resident advisor.
    • In order to receive your Summer R.A. benefits you must complete the summer application process.
  • Award Notifications

    The Financial Aid Office will begin processing Summer Financial Aid awards in February. You will receive your summer award notification via your LMU Lion email account. Your award will be available to view myLMU. Please review the checklist below to ensure your financial aid is available to you before summer courses begin.

    Students are required to accept or decline all summer awards, including work awards. If you decide you are no longer interested in the financial aid awarded to you for summer, notify our office at finaid@lmu.edu.

    Award Checklist
    1. Accept your award via myLMU
    2. First time borrowers must complete the Master Promissory Note (MPN) and Entrance counseling at studentloans.gov
  • Summer Forms

    Students wishing to apply for summer financial aid must complete the Summer Financial Aid Application. 

    Summer Financial Aid Application

    Summer Graduate Revision Request

    Summer Consortium Agreement