Financial Aid and Tuition

Loyola believes that the cost of a high-quality education should not be a deterrent to prospective applicants. In recognition of the concern students and families have with finding adequate resources to meet these costs, our financial aid program is designed to make Loyola affordable to those students we admit. Approximately 98 percent of all undergraduates receive some form of aid from federal, state, institutional, and private sources. Of that aid, 95 percent is a Loyola-funded scholarship or grant. Loyola also offers several merit-based scholarships, awarded to students based on their academic achievements.

Learn about the value of a Loyola education

$37,900 Average need-based financial aid package for first-time students

98% of students receive financial aid

$29,000 Average net price for first-time students who received need-based aid

95% of students receive a loyola-funded scholarship or grant

Need-Based Financial Aid

Need-based financial aid is administered by the office of financial aid.

Learn about the financial aid application process

Merit-Based Scholarships

All students are eligible to receive merit-based scholarships.

  • Every student who completes an application for admission is automatically considered for merit scholarship funding
  • Students who receive a merit-based scholarship will be notified at the time of admission

Learn more about merit-based scholarships