Loyola University Chicago

Financial Aid Office


Loyola University Chicago students have a number of borrowing options available to them, including:

  • Federal Student Loans: Loyola is a participant in the William D. Ford Federal Direct Student Loan (Direct Loan) Program. Direct Loans are low-interest loans for students and parents to help finance the cost of education at the post-secondary level. Under the Direct Loan Program, students will work with the Financial Aid Office to obtain Federal Stafford Loans, Perkin's LoansPLUS Loans and Nursing Student Loans from the U.S. Department of Education, rather than from private banks and credit unions. To learn more about the application process for federal student loans, see the Loan Specifics page.
  • Private Loans: Students and/or parents can take out private loans cover the cost of tuition and other expenses. For more information, see our Private Loans page.

For detailed information on loan processes and procedures at Loyola, please see our Loan Specifics page.

For more information about your loan options, please contact the Financial Aid Office at 773.508.7704 or lufinaid@luc.edu.