Loyola Marymount University (LMU) Financial Aid and Scholarships
Students Receiving Aid
77%
Total Aid Amount
$105.688M
Financial Aid Official Website
financialaid.lmu.edu
Among them are scholarship programs such as AWA Scholarship Awards, CCNMA Scholarship, Cal Grant A, and Cal Grant B. It is interesting to note that, every year, around 93% of students at LMU receive some kind of financial aid, while the total amount of assistance/loans provided is $15,684,978. One can visit LMU's financial aid page at http://financialaid.lmu.edu for more information. The total percentage of candidates applying to Loyola Marymount University who receive the Federal Grant is 13%. On the other hand, 90% of the candidates get the Student Grant, 90% receive the Institution Grant, and 13% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,626, while the same comes to $8,884 for State Grant receivers and $17,951 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,803. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Students whose family income per annum is less than $30,000 will receive a federal aid of $33,178 on average in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $33,370 and $29,910, respectively. On the other hand, the average federal aid stands at $21,954 for those with an annual family income between $75,001 and $110,000, and at $14,977 for an income more than $110,000. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. At LMU, an estimated number of 38% of the applicants choose to go for student loans.
![Schools That Require the CSS Profile [Complete List for 2021/2022]](https://www.thecollegemonk.com/images/blog/every-school-th56.jpg)
