Loyola University Chicago Tuition and Financial Aid

Loyola University Chicago Tuition And Expenses

Cost of Attendance $60,408
Tuition and Fees
$43,078
Room and Board
$14,080
Books and Supplies
$1,200
Other Expenses
$2,050
Payment Plans Credit card, installment plan, external finance company

/media/images/articles/Loyola-University-Chicago-Tuition.png

Loyola University Chicago Applying For Financial Aid

Financial Aid Office
E-mail lufinaid@luc.edu
Web Site Financial Aid Web Site
Net Price Calculator URL Net Price Calculator URL
Application Process
Application Deadline Priority deadline March 1
Award Notification On a rolling basis beginning February 15
Methodology for Awarding Institutional Aid Federal Methodology
Forms Required Cost to File
FAFSA Code is 001710 Free

Loyola University Chicago Profile Of 2016-17 Financial Aid

Freshmen
Financial Aid Applicants 2,219 (84.7%) of freshmen
Found to Have Financial Need 1,852 (83.5%) of applicants
Received Financial Aid 1,850 (99.9%) of applicants with financial need
Need Fully Met 289 (15.6%) of aid recipients
Average Percent of Need Met 82%
Average Award $36,209
Need-Based Gift
Received by 1,829 (98.9%) of aid recipients, average amount $23,366
Need-Based Self-Help
Received by 1,546 (83.6%) of aid recipients, average amount $5,228
Merit-Based Gift
Received by 229 (12.4%) of aid recipients
Merit-Based Gift 708 (27.0%) of freshmen had no financial need and received merit aid, average amount $17,499
All Undergraduates
Financial Aid Applicants 7,715 (75.2%) of undergraduates
Found to Have Financial Need 6,795 (88.1%) of applicants
Received Financial Aid 6,776 (99.7%) of applicants with financial need
Need Fully Met 966 (14.3%) of aid recipients
Average Percent of Need Met 80%
Average Award $33,514
Need-Based Gift
Received by 6,519 (96.2%) of aid recipients, average amount $20,311
Need-Based Self-Help
Received by 5,721 (84.4%) of aid recipients, average amount $6,504
Merit-Based Gift
Received by 650 (9.6%) of aid recipients
Merit-Based Gift 2,799 (27.3%) of undergraduates had no financial need and received merit aid, average amount $15,184
Borrowing
2016 Graduates Who Took Out Loans 68%
Average Indebtedness of 2016 Graduates $33,319
Parents Borrowing PLUS Loans
Parents of Students Receiving Aid
28.0%
Parents of Students Not Receiving Aid
3.0%

Loyola University Chicago Financial Aid Programs

Loans
Federal Loans Direct subsidized Stafford loans, direct unsubsidized Stafford loans, direct PLUS loans, Federal Perkins loans, Federal Nursing loans
State Loans
Other Loans
Scholarships and Grants
Need-Based Available Federal Pell grants, SEOG, State scholarships, Institutional scholarships, Private scholarships
Non-Need–Based Available Academic scholarships, Creative arts/performance scholarships, Music/Drama scholarships, Athletic scholarships, ROTC scholarships, Leadership scholarships, Religious affiliation scholarships
Non-Need Awards
Academic Interest/Achievement Award Areas Not reported
Number of Awards
7,306
Top Areas (By Money Awarded)
Creative Arts/Performance Award Areas Art/Fine Arts, Debating, Journalism/Publications, Music, Theater/Drama
Number of Awards
45
Top Areas (By Money Awarded)
Special Achievements/Activities Award Areas Community Service, Leadership, Memberships
Number of Awards
371
Top Areas (By Money Awarded)
Special Characteristics Award Areas Adult Students, Religious Affiliation
Number of Awards
1,416
Top Areas (By Money Awarded)
Employment
Work-Study Programs Federal work study available
Average Earnings from On-Campus Employment $2,780