Loyola University Chicago

Financial Aid Office

Loyola Grants

To be considered for Loyola need-based assistance, the FAFSA should be completed as early as possible. Loyola uses the Expected Family Contribution (EFC) from the FAFSA to determine a student's financial need. The financial need is then used to calculate whether a student is eligible for a Loyola Grant to supplement other gift aid.

Students must be full-time, undergraduates pursuing their first bachelor's degree to qualify for a Loyola Grant. The amount will vary based on Cost of Attendance (COA) and remaining financial need after other grants and scholarships. Changes to students COA budget or award could affect the Loyola Grant. In some cases, if a student studies abroad through a program where Loyola aid can be applied, the Loyola aid may be reduced to reflect the same percentage coverage of tuition. Please contact the Financial Aid Office to determine how certain changes may affect your award.

SCPS and Arrupe students are not eligible for this grant.