Finalizing your financial aid award is easy! Once Loyola University has received your FAFSA information, the Office of Financial Aid will calculate your estimated eligibility for the financial aid programs offered at the University. We will send you a Financial Aid Award Packet to your home address. You can also view your financial aid award online through LORA Self Service.

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Student Work Opportunities 

Working part-time while enrolled at Loyola is a great way to offset the cost of your education. The Federal Work-Study Program provides part-time employment as part of your financial aid package. Loyola will help place you in an appropriate on- or off-campus job to meet the hours awarded in your Financial Aid Award letter.

Student Loans

Loans allow you to spread the cost of education over time through scheduled repayments. All need-based financial aid awards at Loyola will include federal loans. You are not required to accept the loan portion of your financial aid package, but we cannot offer additional grant or scholarship assistance if you choose to decline your federal loans.

Grants

Our goal is to make a Loyola education within reach of all students. With that in mind, Loyola tries to help students obtain all of the grants and scholarships for which a student may be qualified.

There are also a number of aid programs available for military, veterans, and their dependents. Please contact our financial aid team for more information about these opportunities.

Grants

Understand My Costs

As you develop a plan to finance your college education, it is important to understand the total cost. Total cost is a combination of direct and indirect costs. Direct costs include tuition, fees, room and meal plan.  These are the costs most students consider first when budgeting for their education. In addition to direct cost, students should consider indirect costs such as books, transportation and living expenses. A sound plan needs to account for both direct and indirect cost.

Check My Eligibility

Eligibility for financial aid depends on a number of factors, ranging from your academic accomplishments to your family’s financial circumstances. Whether you’re interested in scholarships, federal need-based loans, or a blend of all available types of aid, the only way to find out the full array of aid that your family qualifies for is to complete the FAFSA.

Merit-Based Aid