Loyola University Maryland

Office of Financial Aid

Application Process for First-Year Applicants

Merit-Based Scholarships

All students are eligible to receive merit-based scholarships, and every student who completes an application for admission is automatically considered for merit scholarship funding. No separate application is required, and you will be notified of your merit scholarship at the time of admission.

Read additional information about merit-based scholarships.

Need-Based Financial Aid

Spring First-Year Applicants

All Spring Admission applicants must complete the following by November 15 in order to receive their Financial Aid decision before the Dec. 15 deposit deadline. Students who submit their FAFSA by the Nov. 15 deadline will receive their need-based financial aid package within two business days of their admission decision.

How to Apply

Complete the 2023-24 Free Application for Federal Student Aid (FAFSA)

Complete the FAFSA online. You and your parent must have a FSA ID to electronically sign the FAFSA.  Loyola University's FAFSA Code Number is 002078.

The best way to provide accurate income information on the FAFSA is by opting to use the Internal Revenue Service (IRS) Data Retrieval Tool (DRT). This process allows eligible applicants and parents to automatically transfer 2021 tax return information from the IRS to your FAFSA. It assures accuracy, saves time, and minimizes processing delays. DRT also significantly reduces the chances of your FAFSA being selected for verification by the Department of Education (ED) or Loyola. Students will be notified by both ED and the financial aid office if/when we need additional documents. Learn more about federal verification.

Fall First-Year Applicants

Application Deadlines & Notification Dates

Early Decision I Early Action Early Decision II Regular Decision 
Financial Aid Application Deadline November 15 November 15 January 15 February 1 
Financial Aid Notification by late December February 1 by early March Late March 

Students who submit their FAFSA by the stated deadlines will receive their need-based financial aid package within two business days of their admission decision.

How to Apply

Complete the 2024-25 Free Application for Federal Student Aid (FAFSA)

Complete the FAFSA online. You and your parent must have a FSA ID to electronically sign the FAFSA. Loyola University's FAFSA Code Number is 002078.

Explore the Brochure: Your Guide to Financial Aid