Financial Aid
Loyola Marymount University
Changes to Federal Financial Aid
Learn more about federal financial aid changes which began on July 1, 2026, due to the passage of the One Big Beautiful Bill Act. We are reviewing all information provided by the U.S. Department of Education and will update this page regularly to provide guidance to our students and families.
Federal Financial Aid Changes
Loan Proration (Schedule of Reductions)
The One Big Beautiful Bill Act (OBBBA) has created a new federal student loan proration requirement that reduces a student’s federal loan eligibility for enrolling part-time. Find out more about the Schedule of Reductions (SOR) using the link below.
Info about SORExplore Your Options
Understand your financial aid package with our Award Guide—your go‑to resource for award details, eligibility, and what to expect.
Award Guide
Get fast answers to common financial aid questions. Explore our FAQ for clear guidance on processes, policies, and next steps.
FAQ