Applying for financial aid
Check your eligibility
Financial aid eligibility depends on a number of factors, from your academic accomplishments to your family's financial circumstances. If you've been admitted to Loyola, then you're already being considered for merit-based financial aid. If you're interested in grants, federal need-based loans, or a blend of all available types of aid, the only way to find out what your family qualifies for is to complete the Free Application for Student Aid (FAFSA).
Understand the costs
Direct and Indirect
There are two types of costs to keep in mind as you plan your finances, direct and indirect. Direct costs include tuition, fees, housing, and a meal plan. Additionally, you'll need to account for indirect costs such as books, transportation, and all living expenses. Our resources will help you form a clearer picture of the costs you'll need to meet through both financial aid and/or an out-of-pocket contribution.
Submit the FAFSA
You're set to apply!
This step is critical but simple. You and your parents will need to gather some documents and information, and then you're all set to apply online.
Finalizing My Award
Finalizing your financial aid award is easy! Once Loyola University has received your FAFSA information, the Financial Aid Office 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 as well as a digital version. Then, you will need to decide how you would like to move forward with your financial award.
Learn about other types of aid
There are specific aid programs that will make the most sense for you and your family, depending on a variety of factors and personal circumstances. These include grants and scholarships, student loans, and student work opportunities. Explore these options, and connect with your financial aid counselor to receive any assistance you might need.
Resources to keep you going
You're a few steps closer to joining the Wolf Pack. We're here to help you along the rest of the way with the following resources.
Frequently Asked Questions
Have questions about deadlines, tax forms, or about submitting the FAFSA? Explore our FAQs to find answers to some common questions.
Net Price Calculator
Our net price calculator can provide you and your family with a helpful approximation of what you might receive in aid—and thus what you can expect to pay for your first year.
Forms and Worksheets
There are a variety of forms needed for FAFSA verification, and accepting and verifying your financial aid. They're all housed in one place for your easy access.
Finalize your award
Once we have received your FAFSA information, we will calculate your estimated eligibility for aid programs and will send a Financial Aid Award packet to your home. This packet tells you what you qualify for and how much you were offered.
Meet remaining costs
Get tips on how you can cover the cost of tuition at Loyola.