Tuition Payment Policy
Tuition and fees for all students, including those whose tuition has been deferred, become an obligation in accordance with the provisions of the Drop/Refund Policy as explained in the University Catalog for the term in question. This financial obligation is between the student and the University. All bills/statements are sent to the student via email to their LMU lion email account. It is the student’s responsibility to forward this bill/statement to a parent or other responsible party. Payment in full or payment plan enrollment is required by the deadline date each semester. Failure to make payments of any indebtedness to the University when due, including, but not limited to, tuition, deferred tuition, housing, student loans, lab and special fees, is considered sufficient cause, until debt is settled with the University, to (1) bar the student from classes or examinations; (2) withhold diploma, scholastic certificate, or transcripts; (3) bar the student from University Housing; (4) suspend any and all University services and privileges; (5) suspend the student; (6) submit the account to a collection agency; and (7) report the student debt as a delinquent account to a national credit bureau. This policy will be equally enforced against debts discharged through bankruptcy. The University reserves the right to cancel classes, assess late settlement and/or late registration fees.
Security Interest in Student Records
A student may not receive a diploma, certificate, or transcript until all accounts, current or otherwise, have been settled in accordance with University and Agency requirements. Delinquent students will be prohibited from future registration until all balances are resolved to the University's satisfaction. Such documents and services will be retained by Loyola Marymount University as security for such obligations until they are satisfied.
If a student defaults on payment of a Federal Perkins Student Loan, Federal Family Educational Loan, Institutional Loan, or fails to satisfy exit interview requirements, a security interest in records and services will remain in effect until debts and requirements are satisfied. Exit interviews are administered through the Loan Office and Financial Aid
The monthly late fee is $75.00. An account is considered delinquent if the full payment or monthly amount due is not received and posted to your account by the payment due date listed on the statement. If you are mailing in a payment please allow at least five (5) days for mail delivery. International, APO and FPO should allow a longer time for delivery. Monthly payment plan accounts with two consecutive missed payments or two returned checks will be cancelled form the payment plan.
Returned Check Fee
$35.00 will be charged for all returned checks (mailed in or received electronically).
Our Privacy Notice
Keeping customer information secure is a top priority for Loyola Marymount University. We provide this privacy code to help you understand how we handle the personal information about you that we collect. The provisions of the notice will apply to former students as well as current students unless otherwise noted. We protect personal information we collect about you by maintaining physical and procedural safeguards that meet or exceed applicable law. Third parties who have access to personal information must agree to follow appropriate standards of security and confidentiality. We train the staff that works for us on how to handle personal information properly, and we restrict access to it.