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Undergraduate Studies CatalogFINANCIAL INFORMATIONLake Shore Campus:
Water Tower Campus:
Mallinckrodt Campus:
PAYMENT OF TUITION, CAMPUS HOUSING, AND FEES The Student Business Office is responsible for the billing and collection of all charges for tuition, campus housing, and fees. Students are responsible for prompt payment of their bills. Freshmen and new transfer students must pay an advance tuition deposit. Rome Center students must pay a non-refundable deposit. At the beginning of the semester, a bill for tuition, housing charges, and fees will be mailed to the student’s permanent address on file in the registration system; students are responsible for the accuracy of this address. Payments not received by the due date shown on the bill will be subject to the late payment charge. Students may pay by cash, personal checks or money orders. Checks and money orders should be made payable to Loyola University of Chicago and mailed in the return envelope for prompt application of the payment. Students may also pay at the Student Business Office on campus. The late payment charge for students in the schools of arts and sciences, business administration, education, and nursing is $100 for each semester in which payment in full is not received by the due date. The late payment charge for students in Mundelein College is $50 for each semester in which payment in full is not received by the due date. If the bank returns a student’s check for any reason, the $20.00 returned check fee is charged to the student’s account. The student must then make immediate payment of the account balance with cash, money order, cashier’s check, or certified check. If a student does not make immediate payment, the student’s current term registration may be cancelled. The student may also be required to prepay tuition, mandatory fees and, where applicable, housing charges, for future terms’ registration. Payment must be with money order, cashier check, or certified check. Cash payments may be made at the Student Business Office. PENALTIES FOR DELINQUENT ACCOUNTS Students whose accounts are not paid in full at time of Touch-Tone registration are not permitted to register for the new term. Students whose accounts are not paid in full by the end of the term do not receive transcripts or diplomas, and are not permitted to register for a new term. Accounts with unpaid balances at the end of the term are transferred to the Collection Office. That office is authorized to refer accounts to collection agencies, litigate, and report the delinquencies to credit bureaus. The cost of collection, including attorney fees and court costs, is charged to the student’s account. WITHDRAWAL FROM CLASSES OR THE UNIVERSITY For full-time undergraduate students, no tuition and fee adjustments can be made for withdrawals after the second week of school, unless the student withdraws from all classes. Full-time undergraduate students withdrawing from
all classes, and part-time undergraduate students withdrawing from some
or all classes, will have their tuition and fees adjusted according to
this schedule, and their official dates of withdrawal:
This schedule does not include housing related charges. Students must contact the Residence Life Office about housing arrangements. Refund are mailed to the student’s permanent address on file with the university. For information regarding withdrawal from classes or from the university during periods of Touch-Tone registration, consult the Schedule of Classes issued each academic term. Students attending Loyola for the first time and receiving Title IV student financial assistance will be subject to the federally mandated pro rata refund provision. When a student receives a scholarship or grant, it is applied to the student’s account and is reflected as a credit on the bill the student receives. When a student receives a federally funded student loan issued by the university, the amount of the loan will not be applied to the student’s account until after the student attends a federally mandated entrance interview, and signs a promissory note and a disclosure statement. If the student fails to do this by the tuition payment due date, his/her account may be charged the late payment fee and be subject to the actions described in "Penalties for Delinquent Accounts" above. When the student receives a student loan funded by the university, the amount of the loan will not be applied to the student’s account until the student signs a promissory note and a disclosure statement. If the student fails to do this by the tuition payment due date, his/her account may be charged the late payment fee and be subject to the actions described in "Penalties for Delinquent Accounts" above. Students who receive student loans are required to keep their repayment accounts with the university current after they graduate or discontinue studies at Loyola University of Chicago. Borrowers will not be permitted to enroll in the university’s undergraduate, graduate, or professional schools if their student loans accounts are not current. The university also will not issue recommendations or transcripts for delinquent or defaulted loan borrowers until their accounts are paid in full or are current. Students receiving direct educational assistance (e.g., veterans benefits, social security benefits, employee benefits, etc.) must comply with all university financial requirements and due dates. Late payment charges and penalties for delinquent accounts may apply. Back to Undergraduate Studies Main 
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