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Loyola University Chicago Tuition, Costs, & Financial Aid Information

Chicago, IL

Tuition and Expenses


Cost of Attendance
$65,168
Tuition and Fees
$46,898
Room and Board
$15,020
Books and Supplies
$1,200
Other Expenses
$2,050
Payment Plans
 

Applying for Financial Aid


Financial Aid Office

Email
lufinaid@luc.edu
Web Site
Financial Aid Web Site
Net Price Calculator URL
Net Price Calculator URL

Application Process

Application Deadline
No deadline for filing financial aid forms
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

Profile of 2019 - 20 Financial Aid


Freshman

Financial Aid Applicants
2,261 (86.0%) of freshmen
Found to Have Financial Need
1,720 (76.1%) of applicants
Received Financial Aid
1,719 (99.9%) of applicants with financial need
Need Fully Met
315 (18.3%) of aid recipients
Average Percent of Need Met
84%
Average Award
$36,133
Need-Based Gift
Received by 1,689 (98.3%) of aid recipients, average amount $23,764
Need-Based Self-Help
Received by 1,371 (79.8%) of aid recipients, average amount $4,647
Merit-Based Gift
Received by 245 (14.3%) of aid recipients
Merit-Based Gift
884 (33.6%) of freshmen had no financial need and received merit aid, average amount $18,633

All Undergraduates

Financial Aid Applicants
8,535 (73.8%) of undergraduates
Found to Have Financial Need
7,241 (84.8%) of applicants
Received Financial Aid
7,209 (99.6%) of applicants with financial need
Need Fully Met
1,153 (16.0%) of aid recipients
Average Percent of Need Met
84%
Average Award
$35,786
Need-Based Gift
Received by 6,774 (94.0%) of aid recipients, average amount $22,915
Need-Based Self-Help
Received by 5,639 (78.2%) of aid recipients, average amount $6,185
Merit-Based Gift
Received by 816 (11.3%) of aid recipients
Merit-Based Gift
3,808 (32.9%) of undergraduates had no financial need and received merit aid, average amount $18,001

Borrowing

2019 Graduates Who Took Out Loans
61%
Average Indebtedness of 2019 Graduates
$35,030
Parents of Students Receiving Aid
26.0%
Parents of Students Not Receiving Aid
3.0%

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, Special achievements/activities, Special characteristics (minority, religious affiliation, other scholarships)

Non-Need Awards

Academic Interest/Achievement Award Areas
Not reported
Number of Awards
8,686
Top Areas (By Money Awarded)
 
Creative Arts/Performance Award Areas
Applied Art and Design, Debating, Journalism/Publications, Music, Theater/Drama
Number of Awards
53
Top Areas (By Money Awarded)
 
Special Achievements/Activities Award Areas
Community Service, Leadership, Memberships
Number of Awards
914
Top Areas (By Money Awarded)
 
Special Characteristics Award Areas
Adult Students, Religious Affiliation
Number of Awards
1,460
Top Areas (By Money Awarded)
 

Employment

Work-Study Programs
Federal work study available
Average Earnings from On-Campus Employment
$2,764

A portion of the College Profile data is provided under license by:
Peterson's Undergraduate and Undergraduate Financial Aid Databases, copyright © 2020 Peterson's LLC. All rights reserved.