Veterans, Americorps, Tuition Remission

Additional financial aid options exist for specific populations in other forms such as tuition waivers, discounts and other alternative aid types. Eligibility requirements are varied as are application requirements and processes.

For more information on other institutional, state and federal aid programs, please access the information included within this section, and please Email Us directly if you would like additional support. 

 

  • VETERAN BENEFITS

    VETERAN PROGRAMS

    The FAFSA (Free Application for Federal Student Aid) is not required to receive veteran’s benefits or for the Yellow Ribbon program. However, as a veteran you may also apply for other forms of financial aid like loans.

    If you are a recipient of Veteran's Benefits, you are responsible for submitting any enrollment verification documents required by the VA to Loyola's Office of the Registrar.

    You are required to notify the Office of Financial Aid of the amount and type of veteran's benefits that you will receive while enrolled at Loyola. These benefits must be coordinated with other federal, state, and university aid that you may be eligible to receive.

    VA Educational Benefits (VEB) must be coordinated with other financial aid awards according to federal, state and institutional policy. Students receiving VEB (including Yellow Ribbon funds) cannot receive funds designated for tuition/fees only that exceed the actual amount of tuition and mandatory fees for the University.

    For more information, please contact Loyola's Office of the Registrar at (213) 736-1130 or registrar@lls.edu.

    Yellow Ribbon Program

    The Yellow Ribbon GI Education Enhancement Program (Yellow Ribbon Program) is a provision of the Post-9/11 Veterans Educational Assistance Act of 2008.

    This program allows degree-granting institutions in the United States to voluntarily enter into an agreement with the Veteran’s Administration (VA). Under this agreement, the school may contribute up to 50% of tuition expenses, and the VA will match that amount. Loyola has funding to provide a direct grant of $2,000 to a maximum of 15 qualifying veterans ($1,000 in the fall term and $1,000 in the spring term). Students will be considered for the Yellow Ribbon Award on a first-come, first-served basis. 

    Detailed information about the Yellow Ribbon Program can be found online at website.

    For more information, please contact Loyola's Office of the Registrar at (213) 736-1130 or registrar@lls.edu.

  • YELLOW RIBBON PROGRAM

    The Yellow Ribbon GI Education Enhancement Program (Yellow Ribbon Program) is a provision of the Post-9/11 Veterans Educational Assistance Act of 2008.

    This program allows degree granting institutions in the United States to voluntarily enter into an agreement with the Veteran’s Administration (VA). Under this agreement, the school may contribute up to 50% of tuition expenses, and the VA will match that amount.

    Detailed information about the Yellow Ribbon Program can be found on the website.

    Loyola Marymount University will provide Yellow Ribbon Program benefits for the 2017-2018 academic year.

  • LMU TUITION BENEFITS

    LMU Tuition Benefits

    Full-time faculty and full-time, regular staff members are eligible to receive full tuition remission for undergraduate or graduate courses taken towards the completion of one undergraduate and/or one graduate degree, completion of a credential/certificate program offered by one of the six university schools/colleges, or taken under non-degree status.

    In addition the spouses and dependent children of full time, regular faculty members are eligible for full time tuition remission provided certain requirements are met. The spouses and dependent children of part-time employees are not eligible for tuition remission. Please refer to the LMU Faculty Handbook, LMU Staff Policy Manual, or contact the Human Resources Office for further information regarding tuition remission.

    LMU Tuition Benefits must be considered as a resource when determining eligibility for federal, state and other university funded sources of financial aid. If you are a participant in a tuition program that will cover part of your LMU tuition, you must notify the Financial Aid Office to ensure this resources in coordinated with other financial aid according to federal, state, and university policies.

    Recipients of LMU tuition benefits or tuition exchange programs that meet 100% of LMU tuition costs are NOT eligible to receive the following forms of financial aid.

    • LMU Grant or LMU Donated or Endowed Awards
    • LMU Institutional Scholarships
    • LMU Yellow Ribbon Grant
    • LMU Institutional Loans (Perkins, California, Shandler, or Burns)

    Recipients of the Cal Grant A or B (Tuition Award) who also receive LMU Tuition Benefits will have their LMU Tuition Benefits reduced by the amount of the Cal Grant tuition award.

    Non-LMU Tuition Benefits/Reimbursement

    Non-LMU tuition benefits must be considered as a resource when determining eligibility for federal, state and other university funded sources of financial aid. If your financial aid award does not include tuition benefits that you have been approved to receive, please notify the Financial Aid Office immediately.

  • AMERICORPS

    Using AmeriCorps award to pay for educational fees

    AmeriCorps service members must request their education awards via my.americorps.gov in order to use funds at LMU. Please select Loyola Marymount University (not Loyola Law School) when selecting your voucher destination.

    LMU will normally receive the first payment from AmeriCorps within two weeks of approving your educational expense voucher. If your voucher is denied for any reason, comments will be entered on the voucher request explaining the reason for denial.

    LMU will certify AmeriCorps awards up to your cost of attendance. Students may request AmeriCorps funds to cover charges for the current semester or for a previous semester. When an AmeriCorps award is certified, the university receives the funds in two disbursements. AmeriCorps will pay one half of the award at the beginning of the semester and pay the other half at the semester mid-point.

    For more information about using your AmeriCorps benefit to pay for educational fees, please visit the AmeriCorps website or call them at 1-800-942-2677. 

    Using AmeriCorps awards to pay Perkins loans

    For information about applying your AmeriCorps award to your Federal Perkins loan, please visit the AmeriCorps website here. When making this request, be sure to select your voucher as an "Educational Award-Loan Payment".

    Using AmeriCorps awards to pay federal student loans

    For information about applying your AmeriCorps award to your federal student loans, please visit the AmeriCorps website. Please be aware that when making this request your actual lender may not appear in the list of lenders. Lenders, including Federal Direct Loans, often use third-party organizations known as “servicers” for the administration of their loans. For example, when you go to the AmeriCorps website and request your AmeriCorps funds to be applied to a previously borrowed loan, you may see one of the following servicers listed:

    • FedLoan Servicing (PHEAA)
    • Sallie Mae
    • Great Lakes
    • National Education Loan Network (Nelnet)

    There are additional servicers that may be applicable. To determine your loan servicer, please visit the National Student Loan Data System (NSLDS). You will need your Department of Education PIN to access this system. This is the same PIN you use to sign your FAFSA. If you don't have your PIN, you can request it here

    AmeriCorps Frequently Asked Questions (FAQs)

    If you have questions about AmeriCorps you can find many answers on the AmeriCorps' FAQ page.

     Does LMU match AmeriCorps Education Awards?

    Unfortunately, LMU does not match these awards.