Loyola University Chicago

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Loyola University Chicago

Financial Aid Office

Mandel short-term loan

Through the generous endowment of Carola and Leon Mandel, the University has a short-term loan fund available for students through the Office of Student Financial Assistance (OSFA).  These loans are designed to assist undergraduate students with educational expenses not covered by other financial aid sources.

Loan Details:

 

Application Process:

1.  Complete a Mandel Loan Fund application‌, describing your current financial hardship situation and the needs for the loan funds.

2.  To complete the Mandel Loan Promissory Note online, you will need a U.S. Department of Education PIN. If you do not have a PIN from the U.S. Department of Education—or if you have forgotten it—you may apply for one online at www.pin.ed.gov.

3.  The loan funds will be disbursed to the University account and detailed in LOCUS after the Promissory Note is completed.

Loan applications will be considered by the Mandel Loan Fund committee.  A student must be in good standing academically and disciplinary to receive a loan from this fund.



Loyola

Financial Aid Office · Sullivan Center · 6339 N. Sheridan Rd., Chicago, IL 60660 · 773.508.7704 · lufinaid@luc.edu
Mailing Address: 1032 W. Sheridan Rd., Chicago, IL 60660

Notice of Non-discriminatory Policy