The summer term consists of two 6 week sessions for LMU students. Students attending one or both summer sessions may be eligible to receive financial aid to assist with costs. Students will be notified via their lion email once their financial aid package is available. Loyola Law students should click here for specific summer information and application forms.
LMU Summer Grant
LMU Summer Grant is available for undergraduate students for Summer 2021. Students must submit a Summer Financial Aid Application by May 1, and enroll in a minimum of 6 units.
Students who have not submitted a 2020-2021 FAFSA for the current academic year should submit one prior to submitting the summer financial aid application. The last date to file a 2020-2021 FAFSA is June 30, 2021. Non-LMU students who wish to apply to receive summer aid from their home institution must apply through their home school and submit the Summer Consortium Agreement to the LMU Financial Aid office.
LMU considers the summer term the end of the academic school year. Therefore, your eligibility is based upon your remaining annual limits for grants and loans for the 2020-2021 academic year. Students who receive their maximum grant and/or loan eligibility during the Fall and Spring semesters may not have remaining eligibility for summer financial aid. See the academic year outline below.
2020-2021 Academic Year Structure
*Please note: Summer is considered ONE term with two sessions.
|Fall term||Spring term||Summer term (2 sessions)|
|August 31st - December 18h||January 11th - May 7th||May 17th - August 6th|
Please review all the sections below on the types of awards and the requirements needed to receive them for Summer 2021. Additional enrollment rules can be found in the Policies and Procedures section of our website.
Summer 2021 Financial Aid Eligibility Requirements
- Complete the Free Application for Federal Student Aid (FAFSA). If you already completed the FAFSA for the 2020-2021 academic year during Fall/Spring, you do not need to complete it again.
- Submit the Summer Financial Aid Form by the priority deadline of May 1, to apply for federal, state and institutional summer aid (form will be posted in February 2021).
- To be eligible for federal Title IV financial aid during the summer, students must enroll at least half-time across both sessions combined. See the 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 on PROWL 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 an overpayment of a federal grant, maintaining satisfactory academic progress, etc.)
- You have NOT filed to graduate at the end of Spring 2021.
The 2020-2021 FAFSA will no longer be available to complete after June 30, 2021, so be sure to complete it well in advance of this date. The FAFSA should be completed online at studentaid.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.
In order to electronically sign your form, you will need an 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 study Enrollment 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)
Federal Pell Grant
The US Department of Education Appropriations Act, 2017, allows a student to receive Federal Pell Grant funds for up to 150 percent of the student’s Pell Grant Scheduled Award for an award year. To qualify for the additional Pell Grant in summer you must be Pell-eligible and enrolled at least half-time or 6 units. Graduate students are not eligible for a Pell Grant.
It is important to note that this change will not result in an extra Pell Grant being awarded to a student. The maximum timeframe that eligible students may receive Pell Grant is for the equivalent of twelve full-time semesters. In the past, a full-time student could receive only two disbursements per year. Now students will be able to receive up to three Pell disbursements in one academic year.
If you are eligible for Pell Grant funds for the summer sessions, the amount will either consist of remaining eligibility from the current year or an advance of your eligibility for the upcoming academic year. Our office will use your remaining eligibility from the current year for the summer sessions unless you have already received a “Year-Round Pell Grant” from another school in summer 2021. If that is the case you will need to complete the 2020-2021 FAFSA and, if selected for federal verification, all 2020-2021 verification requirements before applying for summer aid.
Continuing undergraduate students who currently receive Cal Grant funds may request to receive a portion of their funds to be applied to tuition expenses during the summer semester. In order to receive the full semester amount of your Cal Grant, you must be enrolled in a total of 12 units (combined between Summer Sessions I and II).
If you are enrolled in fewer than 12 units, your Cal Grant will be prorated (9-11 Units = 75%, 6-8 Units = 50%) If you enroll in fewer than 6 units you will not be eligible to receive the award.
Please note: The California Student Aid Commission (CSAC) considers the summer session a full semester of eligibility. By choosing to use your Cal Grant during the summer semester, you will reduce your total program eligibility by one semester. Most students are awarded 8 semesters of Cal Grant eligibility (if you enter the program as a freshman). By choosing to use your Cal Grant funds during the summer semester, you may not have enough remaining eligibility to assist with your tuition during your fourth year. You may verify your remaining Cal Grant eligibility online by creating an account on Web grants for Students.
To be considered for a summer Cal Grant, you must submit a Summer Cal Grant Request to the Financial Aid Office along with your Summer Financial Aid Application.
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 2020-2021 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. If you have advanced to the next grade level (e.g. Sophomore to Junior) at the completion of the spring semester, you are eligible for the difference between what you have already borrowed and the Federal Direct Loan maximum for your new grade level.
The Annual (Fall/Spring) Federal Direct Student Loan maximums for dependent students are listed below.
- Freshman $5,500
- Sophomore $6,500
- Junior/Senior $7,500
Independent undergraduate students or dependent undergraduate students with a 2020-2021 Direct PLUS Loan denial are eligible to receive additional Unsubsidized Federal Direct Loan funds (Freshman & Sophomore: $4,000 additional; Junior & Senior: $5,000 additional).
If your parents were approved for a Federal Direct Parent Plus Loan during the Fall/Spring academic year but are denied the Federal Plus Loan for summer, you are eligible to receive the additional Unsubsidized Direct Loan based on your summer grade level.
Federal Direct Parent PLUS Loan
Your parent may apply to borrow a Federal Direct PLUS Loan to cover your summer charges if you are an eligible dependent undergraduate student, have completed a 2020-2021 FAFSA, plan to enroll at least half-time, and your parents meet the credit requirements.
New and existing Parent PLUS loan borrowers must complete a Summer Parent PLUS loan application on studentaid.gov and select period 5/18 - 8/12. After your parent submits all required application materials and upon notification of credit approval and the completion of a promissory note, we will add the loan to your summer Financial Aid award. Students whose parents are denied the Federal Direct PLUS Loan may apply for additional Federal Unsubsidized Direct Loan by submitting a Summer Revision Request Form.
Please Note: If you have already completed the 2020-2021 FAFSA and had the results forwarded to LMU you do not need to complete it again.
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 2020-2021 FAFSA, plan to enroll at least half-time and meet the credit requirements.
Upon acceptance in PROWL via MYLMU, 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 credit approval and the completion of a promissory note, we will pay the award to your Student Account.
Please Note: If you have already completed the 2020-2021 FAFSA and had the results forwarded to LMU you do not need to complete the 2020-2021 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-signer. Please visit our section on Private Alternative Loans or the 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.
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 2021 Financial Aid Eligibility Requirements
- Submit a 2020-2021 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 an overpayment of a federal grant, etc.).
- Have not filed to graduate for Spring 2021.
- Enroll at least half-time. See the 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.
Program of study Enrollment 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 for dissertation
Summer Session Dates Session I May 17 - June 25 Session II June 28 - August 6
Important Dates and Deadlines
- The 2020-2021 FAFSA will no longer be available to complete after June 30, 2021, so be sure to complete it well in advance of this date. The FAFSA should be completed online at studentaid.gov using LMU's school code (001234).
- The summer application priority deadline for both summer sessions is May 1, 2021.
- Summer Session I Application deadline is May 7, 2021.
- Summer Session I Payment deadline is May 30, 2021.
- Summer Session II Application deadline is June 18, 2021.
- Summer Session II Payment deadline is June 30, 2021.
The Cost of Attendance (COA) is an estimate of your educational expenses for a given period of enrollment. It 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.
The example below is based on 6 unit enrollment in one summer session ($1,621 per unit + $65 registration fee)
Half-time (6 units, enrolled in one session)
On-Campus Off-Campus With Parents or Relatives
*Tuition & Fees
$9,791 $9,791 $9,791 Room & Board $2,454 $2,764 $1,463 Parking & Transportation $54 $143 $156 Books & Supplies $180 $180 $180 Personal Expenses $435 $631 $538 Estimated Loan Fees $17 $17 $17 Estimated Cost of Attendance $12,931 $13,526 $12,145
The example below is based on 6 unit enrollment in both summer sessions ($1621 per unit + $65 registration fee)
Half-time (6 units, enrolled in both sessions)
On-Campus Off-Campus With Parents or Relatives
*Tuition & Fees
$$9,856 $9,856 $9,856 Room & Board $4,909 $5,526 $2,927 Parking & Transportation $108 $286 $313 Books & Supplies $360 $360 $360 Personal Expenses $870 $1,261 $1,075 Estimated Loan Fees $33 $33 $33 Estimated Cost of Attendance $16,136 $17,322 $14,564
The example below is based on 6 unit enrollment in one summer session.
*Tuition and fees vary by program of study.
Half-time (3 units in one session)
Off-Campus With Parents or Relatives
* Estimated Tuition & Fees
$4,235 $4,235 Room & Board $3,316 $1,463 Parking & Transportation $143 $156 Books & Supplies $180 $180 Personal Expenses $631 $537 Estimated Loan Fees $256 $256 Estimated Cost of Attendance $8,761 $6,827
The example below is based on 6 unit enrollment in both sessions.
*Tuition and fees vary by program of study.
Full-time (6 units, enrolled in both sessions)
Off-Campus With Parents or Relatives
*Tuition & Fees
$8,470 $8,470 Room & Board $6,632 $2,927 Parking & Transportation $286 $313 Books & Supplies $360 $360 Personal Expenses $1,261 $1,075 Estimated Loan Fees $512 $512 Estimated Cost of Attendance $17,521 $13,657
*per unit cost
Program of Study by College per unit cost College of Business M.S. in Accounting $1,100 M.S. in Business Analytics $1,450 M.S. in Management $1,450 MBA $1,450 College of Communication and Fine Arts MA Marital and Family Therapy $1,385 MFA Performance Pedagogy (Theatre Arts) $1,385 School of Education Doctorate in Education $1,733 All Master Programs in SOE $1,390 Non-Degree Credential Programs $1,390 School of Film and Television All Master Programs $1,385 Bellarmine College of Liberal Arts All Master Programs in LA $1,315 Seaver College of Science and Engineering All Master Programs in CSE $1,385 Pre-Medical Postbac Program $960
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 5thyear undergraduate status, not Graduate.
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 here.
Eligibility for financial aid is determined by the completion of the FAFSA, enrollment status, dependency status, and 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.
Further information on Maintaining Satisfactory Academic Progress is available here.
LMU Financial Aid 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 on 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 email@example.com.
- Accept or decline your award via myLMU.
- If you are applying for a Parent PLUS loan, your parent borrower must apply for a summer Loan on the https://studentaid.gov/ Select period 5/18 - 8/12
- First-time borrowers should complete the Master Promissory Note (MPN) and Entrance Counseling at https://studentaid.gov/
Cancelations 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: The above circumstance may require 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 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.
How a Withdrawal Affects Financial AidWhen a student withdraws from all courses, regardless of the reason, the student may no longer be eligible for the full amount of Title IV funds originally awarded. This is called Return to Title IV (R2T4). The return of funds to the Department of Education is based on the premise that a student earns financial aid in proportion to the length of time during which the student remains enrolled. A pro-rated schedule determines the amount of federal student aid funds the student earned at the time of their withdrawal. For example, a student who withdraws in the first week of the semester has earned less of their financial aid than a student who withdraws in the fourth week. Once the 49% point in the semester is reached, a student is considered to have earned all of the financial aid originally awarded and will not be required to returns any funds.
Federal regulations require a recalculation of financial aid eligibility if a student:
- Completely withdrawals from all summer courses.
- Stops attending before the semester ends.
- Does not complete all summer sessions in which they were enrolled.
- Or having all F's for the summer term.
Students who do not begin attendance in classes are not eligible for federal financial aid and must repay all aid originally received.
NOTE: LMU's institutional tuition refund policy is separate from federal regulations to return unearned aid. Please visit the Student Account website for details on LMU's institutional refund policy.
Students Enrolled in Sessions
A student is considered withdrawn if the student does not complete all of the days in the payment period that the student was scheduled to complete. If a student withdraws from a course in a later session while still attending a current session, the student is not considered as withdrawn based on not attending the later session. However, a recalculation of aid based on the change in enrollment status may be required.
If a student provides written notice to LMU Financial Aid at the time of withdrawal from a current session that the student plans to attend a later session in the same payment period (or term), the student is not considered a withdrawal. If the student does not provide written confirmation, the R2T4 recalculation of aid will be performed and aid may be returned. However, if the student does return in a later session in the same payment period (or term), regardless of whether prior written confirmation was received, the R2T4 process will be reversed and the student will be awarded the funds that they are eligible to receive at the time of return.
When do I earn all federal aid awarded?
Once the 49% point in the semester is reached, a student is considered to have earned all of the financial aid originally awarded and will not be required to returns any funds. Below is 49% point for by summer session and both sessions combined. A detailed calendar of federal aid earned by date of withdrawal is available on this link.
Session 49% of the term Session I (not enrolled in Session II) June 5, 2021 Session II (not enrolled in Session I) July 17, 2021 Session I and II (enrolled in both sessions) June 26, 2021
Students wishing to apply for summer financial aid must complete the Summer Financial Aid Application. If you received a Cal Grant during the Fall/Spring semester and are interested in receiving a Cal Grant for Summer, you must complete the Summer Cal Grant Request Form in addition to the Summer Financial Aid application.
Financial Aid will begin awarding students for the summer term in February.