IMPORTANT INFORMATION FOR ALL NEW AND RENEWAL FINANCIAL AID APPLICANTS: Federal regulations require students who are receiving financial aid to make deliberate and measurable progress toward your degree in order to continue to receive financial aid. This requirement is referred to as Satisfactory Academic Progress or SAP. To review the policy for graduate students at Loyola University Maryland, visit the Satisfactory Academic Progress Policy.
ENROLLMENT REQUIREMENT: Direct Loan regulations require a student to be enrolled at least half-time in a degree or certificate-granting program each term during the period of the loan. Half-time enrollment at Loyola is defined as a minimum of 6 credits per term (fall and spring) and a minimum of 3 credits (summer).
Eligibility for any type of federal student financial aid requires that a student be enrolled in courses leading to a degree or certificate. Your enrollment in courses that do not count toward the completion of your degree may result in the cancellation of your federal aid.