Undergraduate Full-Time Students (programs of 12 through 18 semester hours):

Part-Time Undergraduate Students (Semester hour rate for 11 semester hours or less and overload hours in excess of 18):

The University has beds in completely furnished apartment-style residence halls on campus. Each apartment accommodates four students in two bedrooms with adjoining bath and a living room with a pullman-style kitchen.

The various plans are referred to as Lion Dollar Plans. All students living in non-apartment residences are required to purchase a plan. Special dietary food may be obtained by arrangement. Four plans are offered by Sodexho Food Services. Both the Malone Center and University Hall dining facilities feature restaurant-style food selections on a declining balance, à la carte basis.

Lion Dollar Plans are not refundable.

Any unpaid fines or charges (such as parking, library, delinquent telephone charges, property damage) or any miscellaneous charges incurred by a student while in attendance at the University will be charged to the student’s account. Certain fees deemed optional are required to obtain that good or service.

The tuition, fees, and other charges described above are good faith projections for the academic year. They are, however, subject to change from one academic term to the next as deemed necessary by the University in order to meet its financial commitments and to fulfill its role and mission.

There are other fees and charges unique to certain programs that are dependent upon a student’s matriculation at the University. These fees or charges may be determined by contacting the University offices that administer those programs or activities in which the student intends to enroll or engage.

Since each student may elect various services with associated charges, it is not possible to determine precisely all student charges before registration. However, the following schedule estimates the charges for one academic year for a typical freshman undergraduate resident exclusive of entertainment, transportation, injury insurance, or other personal costs:

Financial clearance cannot be granted, and preregistration will not be permitted, if a student’s account is delinquent.

Failure to pay tuition and other outstanding debts will result in the withholding of the academic transcript. The student diploma will not be released until all debts are satisfied in full. Students are prohibited from future registrations due to delinquent accounts.

The annual Sickness Insurance fee of $630 (estimated) is mandatory for students who are U.S. citizens taking 7 or
more semester hours. Domestic students may waive coverage by submitting the appropriate form to the Controller’s Office by

Parents who prefer to meet educational expenses out of  monthly income rather than in a single payment at the begining of each semester may apply for the University's annual 10-month or 12-month payment plan. The 10-month payment plan requires the first two months' payments to start the plan. The check plan requires a $145.00 fee for enrollment; however, interest is 0% on the outstanding balances. The 10- or 12-month Debit Checking Plan requires a $45.00 enrollment fee and is a 0% interest plan. The 12-month plan is for Automatic Checking Deduction only. A monthly late fee is assessed on students who fail to make their payment by the end of each month. students may take adavntage of the time authorization followed by regular monthly charges and deductions. Debit cards are accepted.

Certificate of Eligibility for Veterans

All expenses incurred by a veteran that have not been properly authorized by the Veterans Administration must
be paid by the veteran. Therefore, it is the responsibility of every veteran to see that papers are in proper order at
the time of the first and each subsequent registration. Also, all veterans who are receiving benefits for educational expenses are required to contact the Financial Aid Office.

The University is required by the Veterans Administration to report failure on the part of the student to complete 75% of the semester hours attempted in any given term. Benefits to a veteran who fails to complete 75% of the semester hours originally enrolled in may be suspended. Counseling by the Veterans Administration will be required before the student enrolls for another term with benefits. The Veterans Administration's Advisement and Counseling Service is a free service provided under Federal Law. Failures, withdrawals, and NCs are not recognized as making satisfactory progress.

Refunds/Cancellation

Refunds for tuition and/or housing are made only after a complete withdrawal or leave of absence from the University (dropping all courses) has been processed by the Office of the Registrar and, in the case of a resident student, also by the Housing Office. For resident students, if the official withdrawal dates from the Office of the Registrar and the Housing Office are different, the respective dates will be used for tuition or housing refunding purposes. See the accompanying table for the allowable refund percentage.

Meal plans are non-refundable. A student should complete the Withdrawal/Leave of Absence form in the Office of the Registrar and, if a resident student, the withdrawal form in the Housing Office.

The University strives to meet the expectations of its students and tries to act compassionately in a time of crisis that interrupts a student’s semester studies so that she/he cannot or should not finish the semester. In an attempt to ease the cost of tuition, the refund policy is in place to allow for a sliding refund for those who withdraw from all courses in the given semester according to the following schedule. This policy applies to, but is not limited to, the following leave or withdrawal reasons: hospitalization, illness, moving out of the area, employment changes/relocation, and family-related emergencies.

No refund may be given for registered courses which a student did not attend and did not withdraw from within the full refund period. No refund or cancellation is granted to a student who withdraws from a portion of his/her program after the end of the 100% Drop/Add period. Consult the following refund schedule for the academic category corresponding to your enrollment and type of program.

Students, whether undergraduate, graduate, or non-degree, who have paid tuition by the semester hour are eligible for tuition refunds per semester hour, based on the published sliding scale. Full refunds for all other students are contingent upon withdrawal from all classes or from the University. The published sliding scale still applies to this type of refund.

Refund credits are applied to the student’s account. Refunds of credit balances will be made in accordance with Federal guidelines. Refunding of credit balances is subject to a holding period until verification that funds received have cleared the University’s bank. Refund payments are issued in the name of the student unless written authorization from the student is received to the contrary.

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. Students with delinquent accounts 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, a Federal Family Educational Loan, or an Institutional Loan, or if a student fails to satisfy exit interview requirements, a security interest in records and services will remain in effect until debts and requirements are satisfied. Unpaid accounts are reported to the three major credit reporting agencies. Exit interviews are administered through the Student Loan Office and the Financial Aid Office.