The information below describes the rights and responsibilities of students receiving financial aid assistance and, specifically, federal student aid at Loyola Marymount University/Loyola Law School. More information on each area below is provided on the Loyola Marymount University Financial Aid website.
Student’s Right to Know:
- Students have the right to know the criteria for continued student eligibility for each type of financial aid awarded.
- Students have the right to know the Satisfactory Academic Progress (SAP) standards that students must meet to receive financial aid assistance, and the required criteria to re-establish eligibility if a student fails to meet Satisfactory Academic Progress (SAP).
- Students have the right to know the method by which financial aid disbursements will be made to the students and the frequency of those disbursements.
- Students have the right to know the method the school provides for Pell eligible students to obtain or purchase required books and supplies by the seventh day of a payment period.
- Students have the right to know the general terms and conditions are applicable to any employment provided to a student as part of the student’s financial aid package.
- Students have the right to know the terms of any loan received, a sample loan repayment schedule for sample loans, the necessity for paying loans, and the loan exit counseling information the school provides.