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    Loyola Marymount University
   
 
  Dec 13, 2017
 
 
    
Loyola Marymount University Bulletin 2014-2015 [ARCHIVED CATALOG]

Financial Aid



Undergraduate Financial Aid

The mission of Loyola Marymount University’s Financial Aid Office is to provide students access to financial resources to assist them in achieving their educational goals. The Financial Aid Office administers federal, state, institutional, and private financial aid programs to help students meet the educational costs to attend Loyola Marymount University.

The Financial Aid Office, located in the Von der Ahe Building, welcomes visitors from 8:00 a.m. to 5:00 p.m. Mondays through Fridays. The telephone number is 310.338.2753, and the fax number is 310.338.2793. Visit the Financial Aid Office website at http://financialaid.lmu.edu for the most current information on financial assistance.

Application Procedures

Entering Freshmen and Transfer students:

Students can apply for financial aid by completing the required forms prior to being formally admitted:

  1. The Free Application for Federal Student Aid (FAFSA), available at http://www.fafsa.ed.gov.
  2. California residents only: applications for the Cal Grant must complete the FAFSA and complete Cal Grant GPA Verification Form by the deadline established by the California Student Aid Commission at www.calgrants.org.

Visit the financial aid website at http://www.lmu.edu/financialaid for current year application and program deadlines.

Continuing Undergraduates:

LMU requires all continuing undergraduates who have received aid in a prior year at LMU to complete the following:

  1. The Free Application for Federal Student Aid (FAFSA) at http://www.fafsa.ed.gov.
  2. The LMU Undergraduate Application, which is posted as a missing requirement on a student’s MYLMU PROWL account after the FAFSA has been completed. The LMU Application is not required to receive federal or state aid; however, it is required to receive LMU-funded financial aid.

Visit the financial aid website at http://www.lmu.edu/financialaid for current year application and program deadlines.

General Eligibility

To receive financial aid:

Students must be enrolled in a degree program at Loyola Marymount University. Students working towards a second Bachelor’s degree are only eligible for the Federal Subsidized and Unsubsidized Stafford loan programs.

Students must have received a high school diploma or a General Education Development (GED) certificate, or must have passed an independently administered test approved by the U.S. Department of Education, or meet other state standards approved by the U.S. Department of Education.

Students must be enrolled full-time to be eligible for most University-funded financial aid programs. Eligibility for federal and California state grant programs require at least half-time enrollment. Students who enroll less than half-time are generally only eligible for the Federal Pell Grant.

Students must be U.S. citizens, permanent residents, or other eligible non-citizens and meet other program eligibility requirements to be eligible for federal, state, and institutionally-funded financial aid programs. Limited scholarships and assistantships are available for international students.

Students must not owe a refund from any federal grant or loan or be in default on any federal loan.

Students required to register with Selective Service must register.

Financial Aid Communications

The Financial Aid Office primarily communicates with students electronically. Students are notified of information regarding their aid application via e-mail and MYLMU, LMU’s online portal which provides access to various campus systems.

Maintaining Eligibility for Financial Aid

Satisfactory Academic Progress (SAP)

To be eligible for federal, state, and University financial aid programs, students are required to make satisfactory academic progress.

These standards are separate and distinct from the University’s Academic Degree Requirements and Policies as stated in the University Bulletin.

These guidelines are in accordance with those required by federal regulations for recipients of federal grant, work, and loan programs, including the Federal Direct Parent (PLUS) Loan. These standards also apply to state aid or state-funded financial aid programs in accordance with the State of California.

Recipients of LMU tuition benefits who are not receiving any other federal, state, or University funds are not bound by these guidelines. Undergraduate students must.

Undergraduate students must:

  • maintain a minimum semester and cumulative grade point average of 2.00
  • if enrolled full-time, complete 67% of attempted hours.

Note: Recipients of Merit scholarships are required to maintain the minimum grade point average stated in their academic scholarship award letter.

  • not exceed the maximum timeframe to complete an undergraduate degree, 150% of the required semester hours (120) = 180 semester hours.

Grades

Grades of F, NC, AU, and W do not count in calculating the minimum grade point average. Grades of I (Incomplete) or IP temporarily will not be counted until the final grade is posted. Students must comply with the requirements to convert an incomplete to a permanent grade according to the requirements as stated in the University Bulletin.

Withdrawals

Students who withdraw from all coursework or take a leave of absence and later enroll in a subsequent term retain the SAP status held during their last term of enrollment.

Transfer Student Course Evaluation

Transfer students are evaluated based on the number of units accepted at admission to determine their maximum time frame to receive financial aid.

Repeat Coursework

A student who receives federal financial aid (Title IV funds) must follow Repeat Coursework rules in order to be considered as meeting enrollment requirements for financial aid eligibility and satisfactory academic progress. The federal regulations are listed below:

  • A student may repeat a previously passed course once.
  • A student may repeat a failed course until the student passes the course.
  • A student, who passes a course but does not meet the grade requirement established by the college or school, may only repeat the course one time.
  • A student who earns a passing grade in a course and chooses to retake the course a second time earning a grade of “F” or “W” may not take the course a third time and that course be considered as enrollment of federal financial aid programs.
  • A student may repeat a course as an independent study, special topics, film genre, etc., as long as the subject matter is different for each course and the institution awards new credit each time.

Maximum Time Frame to Complete Degree

Students must complete their degree within 150% of the published credit hours required to graduate. For example, an undergraduate student in a program requiring 120 semester hours to complete must meet all graduation requirements by 180 semester hours.

Important: The maximum time-frame to complete degree requriements does not override institutional, federal or state financial aid programs that have a maximum period of eligibility. For example, LMU funded aid programs as well as the Cal Grant are available for a maximum of eight semesters. Students should refer to the Academic Degree Requirements and Policies section of the University Bulletin for information on the recommended course load required to complete their degree requirements in eight semesters (4 years).

Satisfactory Academic Progress Review Process

All students receiving financial aid are reviewed for satisfactory academic progress at the end of each term of enrollment.

SAP Warning

Students enrolled for the summer are reviewed after the end of the second summer session. Students failing to meet these requirements for the first time receive a “SAP Warning” Notice. Students are eligible for financial aid for their next term of enrollment while on Warning status.

Financial Aid Probation

A student who has received a “SAP Warning” and does not meet the minimum requirements after their next term of enrollment is not eligible to receive financial aid. The student may submit a Satisfactory Academic Progress Appeal to the Financial Aid Office. This appeal must detail why the student was unable to meet minimum satisfactory academic progress requirements and the steps being taken to meet the minimum requirements and regain eligibility. If the appeal is approved the student is placed on Financial Aid Probation for one term. Students who cannot meet the minimum requirements within one term are encouraged to meet with an academic advisor to prepare an academic contract which outlines the terms and period that will allow the student to meet the minimum requirements.

Withdrawals - Impact on Financial Aid

Students who withdraw from all coursework will have their tuition charges adjusted based on their date of withdrawal. Current information on University tuition refund policies is available at http://www.lmu.edu.

Housing and University meal plans will be adjusted according to the terms set by the housing office and meal plan contracts. Students should contact the Student Housing Office and Student Accounts for specific refund information.

Students receiving financial aid who decide to withdraw from all coursework during a term are required to notify the Office of the Registrar and the Financial Aid Office. Federal financial aid will be adjusted according to federal regulations known as “Return of Title IV Aid.”

University- and state-funded programs will be adjusted according to University and state policies.

Unofficial Withdrawal

Students who do not receive a passing grade in any coursework, i.e., all F’s or combination of F’s and W’s may be required to return all or a portion of their financial aid if it is determined that the student stopped attending without notifying the University. Official documentation will be requested to determine when the student last participated in an academically related activity and financial aid will be returned according to federal, state and institutional policies. This may result in the student owing a balance to the University.

For detailed information on how financial aid is adjusted based on withdrawal, visit http://www.lmu.edu/financialaid.

Financial Aid: Fraud

Any fraudulent use of financial aid funds is cause for immediate suspension or dismissal, as well as discontinuance of future financial aid. This includes, but is not limited to, fraudulent statements on Financial Aid forms, inaccurate tax returns, and student time cards for both hours worked and signatures obtained.

Programs of Assistance for Undergraduates

Academic Scholarships for First Time Freshmen

Loyola Marymount University offers a wide range of academic scholarship programs to recognize and reward the scholastic accomplishments of our most distinguished entering freshmen. Scholarship selection is coordinated by the Office of Undergraduate Admission, in consultation with LMU’s faculty and administration. Detailed information on these programs is available on the Financial Aid Office website at http://www.lmu.edu/financialaid.

Receipt of an Academic Scholarship does not preclude consideration from financial aid awarded by the Financial Aid Office but must be coordinated according to federal, state, and University policies.

Grants

LMU Grants are merit/need-based grants awarded to students who meet all federal and University eligibility requirements. Students must complete the FAFSA to apply, meet LMU’s priority funding deadlines, and comply with all requests for additional documentation to be considered.

The Federal Pell Grant program is a federal aid program designed to provide financial assistance to eligible students for postsecondary studies. The amount of the Pell Grant is determined based on the financial resources of the student and parents.

Federal Supplemental Educational Opportunity Grant (FSEOG) program is designed to assist those students who would not otherwise be financially able to pursue an undergraduate course of study. The amount of the grant is determined by reviewing the student’s financial resources and also the resources of the parents. The amount of the award varies based on the student’s Pell Grant and, like other grants, does not have to be repaid.

Cal Grants are administered by the California Student Aid Commission. All undergraduates who are residents of California are encouraged to apply. Cal Grants can be applied towards tuition and fees. For detailed information on Cal Grants, visit http://www.calgrants.org.

Scholarships

There are additional scholarships available to LMU students. Most scholarships are awarded by the Financial Aid Office and do not require that students complete a special application. Scholarships that require a separate application are provided at http://www.lmu.edu/financialaid.

Student Employment

The Federal Work Study program is another source of employment for students who qualify based on financial need. This program is funded jointly by the Federal Government and the University. It is designed to create jobs for students at the University, such as library researchers, teaching assistants, laboratory technicians, intramural referees, team managers, etc. Under the Work Study Program, most students will be awarded funds to average 12-15 hours per week during the term. Students are hired for part-time positions for the entire academic year, and they may earn up to the amount listed on their current financial aid award letter.

Loyola Work is a University-funded non-need work program. Funding for this program is limited and may not be awarded to those students who do not meet LMU priority funding deadlines.

The Student Worker program is an employment program designed to give students the opportunity to earn a majority of their education expenses by working on campus. The Student Worker Organization is an autonomous group that is primarily student-directed and operated. Selected students must live on campus. Jobs include maintenance, recycling, and clerical and miscellaneous tasks for departments on campus. More information on this program is available at http://www.studentaffairs.lmu.edu/activitiesservice/studentleadershipdevelopment/studentworkerprogram.

The Career Services Office provides employment assistance to the students of Loyola Marymount University including part-time jobs ranging from 10 to 20 hours a week, part-time/full-time seasonal work during the Christmas and summer vacations, temporary jobs on an hourly basis, and tutoring positions within the student’s major field of study. These services are for all students regardless of their financial need. They are primarily off-campus positions.

Loans

All federal loans require that the student complete the Free Application for Federal Student Aid (FAFSA) and comply with any requests for additional information.

Federal Perkins Loan is a low-interest loan for students based on need. Repayment begins nine months after the student has ceased to be enrolled at least half-time.

Federal Subsidized and Unsubsidized Direct Stafford Loans are a low-interest federal loan for students.

The Federal Direct Parent (PLUS) Loan is a low-interest federal loan made to creditworthy parents.

LMU Institutional Loans are low interest loans offered to students from private funds provided to the University.

Private (Alternative) Loans are loans certified for creditworthy students who complete the application process with a lender of their choice. Alternative loan counseling with the Financial Aid Office is also required.

For information on loan terms and the application process for these loan programs, visit http://www.lmu.edu/financialaid.

Graduate Financial Aid

The mission of Loyola Marymount University’s Financial Aid Office is to provide students access to financial resources to assist them in achieving their educational goals. The Financial Aid Office administers federal, state, and private awards as well as institutional awards that are selected in conjunction with the Graduate Studies Office.

General Eligibility

Students must be U.S. Citizens, permanent residents, or other eligible non-citizens to be eligible for federal, state, and institutionally-funded financial aid programs and meet other eligibility requirements. Limited scholarships and assistantships are available for international students.

Students must be enrolled in a Doctoral, Master’s, Credential, or eligible Certificate Program as degree-seeking students at Loyola Marymount University to receive financial aid administered by the Financial Aid Office.

Provisional and Controlled admitted students must submit the necessary requirements of their particular program as specified by the Graduate Studies Office to receive federal or state financial aid.

A graduate student is eligible to receive federal and/or state financial aid if enrolled at least half-time in graduate level coursework as determined by his/her program level. Only courses numbered in the 500s, 600s, 6000s, and 7000s are considered graduate level.

Master’s Degree and Doctoral Students not Completing Dissertation

Fall Semester, Spring Semester, and Summer Sessions (combined):
Full-Time: 6+ semester hours
Half-Time: 5-3 semester hours
Less Than Half-Time: 2-0 semester hours

Non-Degree Credential (Credential Only)

Fall Semester and Spring Semester:
Full-Time: 12+ semester hours
Half-Time: 6-11 semester hours
Less Than Half-Time: 5-0 semester hours

Pre-Medical Post-Baccalaureate Program

Fall Semester and Spring Semester:
Full-Time: 12+ semester hours
Half-Time: 6-11 semester hours
Less Than Half-Time: 5-0 semester hours

Summer Sessions (combined):
Full-Time: 6+ semester hours
Half-Time: 5-3 semester hours
Less Than Half-Time: 2-0 semester hours

Doctoral Students Completing Dissertation

Fall Semester, Spring Semester, and Summer Sessions (combined):
Full-Time: 2 semester hours

Students must not owe a refund from any federal grant or loan or be in default on any federal loan.

Application Procedures

Grants and Scholarships
All students, including International students, interested in Loyola Marymount University grants, scholarships, or assistantships offered through the Graduate Studies Office, are encouraged to apply by submitting the appropriate application. For additional information pertaining to grants, scholarships, or assistantships, please contact your department.

Federal and State Aid
U.S. Citizens, permanent residents, and eligible non-citizens who are interested in participating in federal and/or state aid programs offered through the Financial Aid Office should visit us online at http://financialaid.lmu.edu for application information, office hours, contact information, and to review the Frequently Asked Questions.

Financial Aid Communications

 Communications from the Financial Aid Office will be primarily electronic in form. The LMU student Lion e-mail account, PROWL, and MYLMU messaging are our primary means of communicating important financial aid information.

  • MYLMU (https://my.lmu.edu)
    MYLMU provides students with access to various campus systems, e-mail, registration, billing, forms, and communications. MYLMU is accessed by a user name and a password that are automatically generated upon acceptance to LMU. For assistance logging into MYLMU, contact the ITS Help Desk at 310.338.7777.
  • PROWL (http://www.lmu.edu/prowl)
    PROWL is our online student financial aid resource. Using PROWL, students can view their application status, requests for additional information/documentation from the Financial Aid Office, important messages, and their Financial Aid Award.

Satisfactory Academic Progress (SAP) and Financial Aid Probation

To be eligible for federal, state, and University financial aid programs, students are required to make satisfactory academic progress. These standards are separate and distinct from the University’s Academic Degree Requirements and Policies as stated in the University Bulletin.

These guidelines are in accordance with those required by federal regulations for recipients of federal grant, work, and loan programs. These standards also apply to state aid or state-funded financial aid programs in accordance with the State of California.

Recipients of LMU tuition benefits who are not receiving any other federal, state, or University funds are not bound by these guidelines.

Graduate students must:

  • maintain a minimum semester and cumulative grade point average of 3.00
  • if enrolled full-time, complete a minimum of three (3) semester hours per semester
  • not exceed the five (5) year maximum timeframe to complete a graduate degree.

Grades

Grades of F, NC, AU, and W do not count in calculating the minimum grade point average. Grades of I (Incomplete) or IP temporarily will not be counted until the final grade is posted. Students must comply with the requirements to convert an incomplete to a permanent grade according to the requirements as stated in the University Bulletin.

Withdrawals

Students who withdraw from all coursework or take a leave of absence and later enroll in a subsequent term retain the SAP status held during their last term of enrollment.

Repeat Coursework

A student who receives federal financial aid (Title IV funds) must follow Repeat Coursework rules in order to be considered as meeting enrollment requirements for financial aid eligibility and satisfactory academic progress. The federal regulations are listed below:

  • A student may repeat a previously passed course once.
  • A student may repeat a failed course until the student passes the course.
  • A student who passes a course but does not meet the grade requirement established by the college or school may only repeat the course one time.
  • A student who earns a passing grade in a course and chooses to retake the course a second time earning a grade of “F” or “W” may not take the course a third time.
  • A student may repeat a course as an independent study, special topics, film genre, etc., as long as the subject matter is different for each course and the institution awards new credit each time.

Maximum Timeframe to Complete Program

The normal time allowed for the completion of graduate degree programs is five (5) years. A student who has not completed the degree within five (5) years must request an extension of time. If the extension is granted by the Program Director or Dean of the student’s college or school, the student may be required to undertake additional coursework. Some departments have a shorter limit for the completion of the program. A minimum of 30 graduate semester hours (500 and 600 level) and a minimum of 3.0 (“B”) cumulative grade point average are necessary to qualify for completion of a program. See individual program descriptions for specific and additional graduation requirements.

Important: The maximum timeframe to complete degree requirements does not override institutional, federal or state financial aid programs that have a maximum period of eligibility. For example, Cal Grant TCP is available for a maximum of one (1) year.

Students should refer to the Academic Degree Requirements and Policies section of the University Bulletin for information on the recommended course load required to complete their degree requirements in five (5) years.

Satisfactory Academic Progress Review Process

All students receiving financial aid are reviewed for satisfactory academic progress at the end of each term of enrollment.

SAP Warning

Students enrolled for the summer are reviewed after the end of the second summer session. Students failing to meet these requirements for the first time receive a “SAP Warning” notice. Students are eligible for financial aid for their next term of enrollment while on Warning status.

Financial Aid Probation

If the student does not meet the minimum requirements after his or her next term of enrollment, he or she is not eligible to receive financial aid. Students may submit a Satisfactory Academic Progress Appeal to the Financial Aid Office. This appeal must detail why the student was unable to meet minimum satisfactory academic progress requirements and the steps being taken to meet the minimum requirements and regain eligibility. If the appeal is approved, the student is placed on Financial Aid Probation for one term. Students who cannot meet the minimum requirements within one (1) term are encouraged to meet with an academic advisor to prepare an academic contract which outlines the terms and period that will allow the student to meet the minimum requirements.

Withdrawal Calculations

When students receiving financial aid are eligible for a refund or a cancelation of LMU charges, their financial aid funding will also be adjusted. A refund is calculated when a student withdraws from the University, drops out, takes an unapproved leave of absence that will exceed 60 days, is expelled or otherwise does not complete the period of enrollment for which he or she was charged. The financial aid award will be recalculated based on federal refund requirements, and the Controller’s Office will be notified. Any resulting charge will be added to the student’s account. Any resulting refund, due to a federal financial aid program will be made by LMU for the student.

Fraud

Any fraudulent use of financial aid funds is cause for immediate suspension or dismissal and criminal prosecution, as well as discontinuance of future financial aid. This includes, but is not limited to, fraudulent statements on financial aid forms or submitted documentation, inaccurate tax returns, and student time cards for both hours worked and signatures obtained.

Programs of Assistance for Graduate Students

LMU Graduate Studies Office

Please visit us on the web at http://www.lmu.edu/gradfinancialaid to explore the various scholarship, employment, and loan opportunities available for graduate students at LMU through the Graduate Studies Office.

Scholarships

Departmental Graduate Scholarships

Each graduate program at LMU awards its own departmental scholarships based on financial need and merit. Applications are available online at http://financialaid.lmu.edu.

Some departments may require that students complete the Free Application for Federal Student Aid (FAFSA) and LMU Application, in addition to the department’s Graduate Scholarship Application, in order to be considered. Information on how to complete the FAFSA and the LMU Application can be found online at http://financialaid.lmu.edu.

Inquiries about the application and/or selection process should be directed to a program’s Graduate Director.

Catholic Teacher/Ministry Fund

Students who work full-time as Catholic school teachers, administrators, or parish administrators are eligible to apply. Students must submit their department’s Graduate Scholarship Application with proof of employment attached (e.g., last pay stub, letter from your supervisor on official letterhead) in order to be considered. Additional instructions can be found online at http://financialaid.lmu.edu.

Contact the Director of your program if you have questions about the application and/or selection process.

Endowed and Donated Scholarships

Some programs have additional scholarships available. Consult the Director of your program for information about additional scholarships and the application process.

Developing Countries Scholarships

Catholic clergy or members of Catholic religious communities from developing countries may apply for full tuition assistance in order to obtain one (1) master’s or doctoral degree in any field of study at LMU. Interested applicants should submit a copy of their R-1 visa to the Graduate Studies Office, along with a one (1) page statement of intent. Please contact the Graduate Studies Office at 310.338.2721 or graduatescholarship@lmu.edu for more information on how to apply for this scholarship.

Religious Scholarships

Catholic Clergy or members of Catholic religious communities are eligible to receive a scholarship equal to 25% of their total tuition costs. Please contact the Graduate Studies Office at 310.338.2721 or graduatescholarship@lmu.edu for more information on how to apply for a Religious Scholarship.

Student Employment

Program assistantships are available through individual programs on a competitive basis. Consult the Director of your program for information about available assistantships.

There are also jobs on campus for which graduate students may apply. Visit us on the web at http://financialaid.lmu.edu for application information, or contact the Graduate Studies Office at 310.338.2721 directly for more information.

LMU Financial Aid Office

The Financial Aid Office at LMU administers federal, state, and private financial aid programs. Additional information can be found online at http://financialaid.lmu.edu.

State Grants

Cal Grant TCP

Students who received a Cal Grant A or B as an undergraduate and begin an Elementary or Secondary teaching program within 15 months of their last Cal Grant payment, may apply to renew their Cal Grant for one (1) additional year. School of Education students participating in a specialized cohort program who receive a Cal Grant A or B extension will be awarded Cal Grant first, not to exceed their specialized cohort’s total scholarship commitment. Complete a G-44 renewal form available at http://www.calgrants.org.

Federal Student Employment

Federal Work-Study

LMU employs students each year to work on campus in a variety of jobs. To receive Federal Work-Study, you must complete the FAFSA and meet financial need and eligibility requirements. Funding to hire students is limited, and eligible students are awarded upon request as funding permits.

Federal Direct Loan Programs

Federal Direct Unsubsidized Stafford Loans

All students who complete the FAFSA and meet federal eligibility requirements will be offered an Federal Direct Unsubsidized Stafford loan. This means that the borrower is responsible for the interest from the time the loan is disbursed. While enrolled at least half-time, a borrower may defer interest payments and capitalize the interest.

Federal Direct Graduate and Professional Student PLUS Loan

The Federal Direct Graduate PLUS Loan is designed to help bridge the gap between the financial aid a student is awarded and the cost of attendance. In order to apply for the Grad PLUS Loan, borrowers must complete the FAFSA and be creditworthy. Students may borrow up to the LMU standard cost of attendance, minus all other financial aid a student has received.

Reminder: A graduate student must be enrolled at least half-time, as determined by his/her program level, in order to receive federal financial aid. Students may not borrow in excess of the annual Federal Direct Stafford Loan borrowing limits as determined by the federal government.

For information on loan terms and the application process for these loan programs, visit http://financialaid.lmu.edu.

For more details on all federal loan programs visit the Federal Student Aid Web site at http://www.studentaid.ed.gov.

Private (Alternative) Loan Programs

Private loans are educational loans available from the private sector. The interest rate on these loans varies by lender, and eligibility is based on creditworthiness of the student or student’s co-borrower. Eligible students are encouraged to apply for all federal and institutional financial aid programs including the Federal Direct Graduate PLUS Loan, before considering a private educational loan. The maximum a student may borrow in a private loan is LMU’s standard cost of attendance, minus all other financial aid a student has received.

All students interested in borrowing a private loan must meet with a Financial Aid Counselor to complete Alternative Loan Counseling.

For more information regarding the loans available to graduate students at LMU, please visit the Financial Aid Office online at http://financialaid.lmu.edu.

Federal and State Teacher Loan Forgiveness Programs

Federal Perkins Loan Cancellation

Borrowers may qualify for cancellation (discharge) of up to 100% of a Federal Perkins Loan if they have served full-time in a public or nonprofit elementary or secondary school system as a

  • Teacher in a school serving students from low-income families; or
  • Special-education teacher, including teachers of infants, toddlers, children, or youth with disabilities; or
  • Teacher in the fields of mathematics, science, foreign languages, or bilingual education, or in any other field of expertise determined by a state education agency to have a shortage of qualified teachers in that state.

For more information or to obtain an application, contact the office that administers the Federal Perkins Loan program at the school that holds your loan.

Teacher Loan Forgiveness (TLF)

TLF is a federal program to assist teachers in repayment of Federal Stafford and Direct Loans. Eligible loan borrowers must have been employed as teachers for five years in a qualified teaching service area. For more information, visit http://studentaid.ed.gov.

AmeriCorps Education Award

Students who participate in the AmeriCorps service program must request their Americorps Education Award payment online at http://my.americorps.gov. The Education Award will be electronically transferred to their student account at LMU, 7-10 business days from the date payment is requested.