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 Student Aid Index (SAI) 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, scholarships or additional awards. Changes to students COA budget or award could affect the Loyola Grant. In some cases, the amount of the Loyola Grant may change if a student plans to commute, study abroad, or receive VA educational benefits. 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.