Who Qualifies?
- Student-athletes whose athletic award includes coverage for direct costs (such as tuition, fees, housing, and/or a meal plan) or other expenses related to attendance may be eligible to receive some or all of that value as a stipend payment.
Why Are Stipend Payments Issued?
- Stipend payments are issued when the value of your athletic award exceeds the charges posted to your student account by LMU Student Accounts.
- Be aware, any charges still owed to the University will be deducted from a stipend payment.
What Determines the Stipend Amount?
- The stipend amount varies and depends on factors such as:
- Whether you live on campus or off campus (and any approved off-campus stipend eligibility),
- Your meal plan selection, and
- Whether Other Expenses Related to Attendance (OERA) are included in your award.
- If your athletic aid does not exceed billed tuition and fees, you are not eligible for a room/board stipend. Athletic aid is awarded after any federal, state, and institutional aid is awarded.
What Other Charges May Be Deducted from a Stipend?
- Examples of charges that may be deducted from a stipend include:
- Student health insurance,
- Tuition refund insurance plan,
- Parking permits,
- Fines or tickets,
- Other discretionary or personal expenses.
What Should I Do If I Have Extra Charges?
- Review your student account and bill through LMU’s Student Account Center. If you have outstanding charges and believe you were incorrectly charged, contact the Athletics Business Office and/or Athletics Compliance Office.
Where and When Are Stipends Available?
- Stipends are issued regularly during each academic semester and are disbursed in four monthly stipend payments each semester beginning with the first day of classes
- Stipends are disbursed by the Student Accounts Office via direct deposit. Ensure you have set-up an eRefund account.
Who can I contact if I have more questions?
- Contact the Athletics Business Office with questions regarding questions about your student account or stipend amount.
- Contact the Athletics Compliance Office with questions regarding your athletic financial aid or eligibility for a stipend.