Grants

Loyola Non-Need-Based Awards

Athletic Grant

Athletic grants are offered to students by the Director of Financial Aid upon the recommendation of the Director of Athletics and the head coach of the sport. Full and partial awards are available. Women may qualify for basketball, cross country / track, lacrosse, soccer, swimming, tennis, or volleyball grants. Men may qualify for basketball, golf, lacrosse, soccer, or swimming grants. Financial need is not considered in awarding athletic grants. For additional information about Athletic grants, please visit the Athletic Department website.

Baltimore Diocesan Grant

Effective with the Fall 2021 semester, the $3,000 Baltimore Diocesan Grant is awarded to all first-year and transfer accepted students who graduated from a Baltimore City Catholic high school.

Grant Details & Retention Criteria

Renewable up to four years (8 semesters, fall and spring) providing each student maintains full-time enrollment and a minimum, cumulative grade point average (GPA) of 2.0.
May only be applied to tuition charges.
May be applied to study abroad tuition expenses in programs administered or sponsored by Loyola University Maryland. The Baltimore Diocesan Grant will be forfeited for the semester/year that a student is abroad in a program administered by another college, university, or private organization.
The Baltimore Diocesan may be combined with the all other institutional grants.

Community College Grant

Effective with the Fall 2021 semester, the $3,000 Community College Grant is awarded to accepted transfer students who have or will attain their associate degree prior to the enrollment at Loyola as a transfer student.

Grant Details & Retention Criteria

Renewable up to four years (8 semesters, fall and spring) providing each student maintains full-time enrollment and a minimum, cumulative grade point average (GPA) of 2.0.
May only be applied to tuition charges.
May be applied to study abroad tuition expenses in programs administered or sponsored by Loyola University Maryland. The Community College Grant will be forfeited for the semester/year that a student is abroad in a program administered by another college, university, or private organization.
The Community College Grant may be combined with all other institutional grants.

Evergreen Community Grant

Evergreen Community Grants are awarded to select applicants based on their academic achievement, community service, and/or demonstrated financial need.

Grant Details & Retention Criteria

Renewable up to four years (8 semesters, fall and spring) providing the student maintains full-time enrollment and a minimum, cumulative grade point average (GPA) of 2.0.
May be applied to study abroad tuition expenses in programs administered or sponsored by Loyola University Maryland. Evergreen Community Grants will be forfeited for the semester/year that a student is abroad in a program administered by another college, university, or private organization.
Evergreen Community Grants may be combined with all other institutional grants.

Family Grant

Effective in the Fall 2020 semester, the Family Grant is awarded to full-time first-year and transfer students accepted to the university whose sibling(s) concurrently enroll at Loyola. Each student will receive a $3,000 Family Grant if two or more siblings are concurrently enrolled full-time in an undergraduate program.

Grant Details & Retention Criteria

Renewable up to four years (8 semesters, fall and spring) provided each student maintains full-time enrollment and a minimum, cumulative grade point average (GPA) of 2.0.
May only be applied to tuition charges.
May be applied to study abroad tuition expenses in programs administered or sponsored by Loyola University Maryland. The Family Grant will be forfeited for the semester/year that a student is abroad in a program administered by another college, university, or private organization.
The Family Grant may be combined with all other institutional grants.

Legacy Grant

Effective with the Fall 2020 semester, all full-time first-year or transfer accepted students with at least one parent, stepparent, grandparent, guardian, or sibling who have graduated from Loyola will receive this $3,000 grant.

Grant Details & Retention Criteria

Renewable up to four years (8 semesters, fall and spring) providing the student maintains full-time enrollment and a minimum, cumulative grade point average (GPA) of 2.0.
May only be applied to tuition charges.
May be applied to study abroad tuition expenses in programs administered or sponsored by Loyola University Maryland. The Legacy Grant will be forfeited for the semester/year that a student is abroad in a program administered by another college, university, or private organization.
The Legacy Grant may be combined with all other institutional grants.

Loyola TAM Grant

Effective in the Fall 2023 semester, the $3,000 Loyola TAM Grant is awarded to full-time first-year and transfer accepted students who successfully complete the Teacher Academy of Maryland (TAM) program and declare an Elementary Education major at Loyola. Students must submit the TAM Program Completion Verification Form to confirm successful completion of the program.

Grant Details & Retention Criteria

Renewable up to four years (8 semesters, fall and spring) providing the student maintains full-time enrollment and a minimum, cumulative grade point average (GPA) of 2.0, as well as an Elementary Education major.
May only be applied to tuition charges.
May be applied to study abroad tuition expenses in programs administered or sponsored by Loyola University Maryland. The Loyola TAM Grant will be forfeited for the semester/year that a student is abroad in a program administered by another college, university, or private organization.
The Loyola TAM Grant may be combined with all other institutional grants.

Magis Grant

Effective with the Fall 2020 semester, the $3,000 Magis Grant is awarded to all full-time first-year and transfer students who graduate from a Jesuit high school.

Grant Details & Retention Criteria

Renewable up to four years (8 semesters, fall and spring) providing the student maintains full-time enrollment and a minimum, cumulative grade point average (GPA) of 2.0.
May only be applied to tuition charges.
May be applied to study abroad tuition expenses in programs administered or sponsored by Loyola University Maryland. The Magis Grant will be forfeited for the semester/year that a student is abroad in a program administered by another college, university, or private organization.
The Magis Grant may be combined with all other institutional grants.

Phi Theta Kappa Grant

Effective with the Fall 2021 semester, the $3,000 Phi Theta Kappa Grant is awarded to accepted transfer students who are members of the Phi Theta Kappa honors society at the time of their admission to Loyola.

Grant Details & Retention Criteria

Renewable up to four years (8 semesters, fall and spring) providing the student maintains full-time enrollment and a minimum, cumulative grade point average (GPA) of 2.0.
May only be applied to tuition charges.
May be applied to study abroad tuition expenses in programs administered or sponsored by Loyola University Maryland. The Phi Theta Kappa Grant will be forfeited for the semester/year that a student is abroad in a program administered by another college, university, or private organization.
The Phi Theta Kappa Grant may be combined with all other institutional grants.

Additional Non-Need-Based Awards

Federal DVA Yellow Ribbon Program

Learn more about the Federal DVA Yellow Ribbon Program.

Federal TEACH Grant

The Teacher Education Assistance for College and Higher Education (TEACH) Grant program provides up to $4,000 per year in non-need-based grants for undergraduate students who must, in turn, teach full-time in high-need subject areas for at least four years at schools that serve students from low-income families. Students may receive up to $16,000 for undergraduate study. Part-time students are eligible, but the maximum grant will be reduced.

Current legislation has identified the following as meeting the definition of a high-need subject area for the TEACH Grant Program: Bilingual Education and English Language Acquisition; Foreign Language; Mathematics; Reading Specialist; Science; and Special Education. Failure to complete the teaching obligation will cause the TEACH Grant to be permanently converted to a Federal Direct Unsubsidized Loan with interest accrued from the date the grant funds were first disbursed. Once a grant is converted to a loan, it cannot be converted back to a grant.

Learn more about the TEACH Grant Program.

Questions regarding the TEACH Grant,

Undergraduate students MUST contact Mary Beth Brandenburg, associate director of financial aid, before applying for the TEACH Grant, at 410-617-2576 or mbrandenburg@loyola.edu.

Graduate students may contact Danielle Ballantyne, director of graduate admission and financial aid, at 410-617-5020 or dballantyne@loyola.edu.

Need-Based Grants

Charm City Promise Grant

The Charm City Promise Program was established to recognize and support high-achieving students from Baltimore City public, charter, or Catholic high schools who demonstrate significant financial need. Additional details can be found on the Charm City Promise Program page.

To be considered for the grant, students must:

be a full-time, first-year, first-time student applicant for the Fall 2021 or later term
have attended (for at least 3 years) and graduated from a Baltimore City public, charter, or Catholic high school
be Pell eligible as determined by the Free Application for Federal Student Aid (FAFSA)
submit all required financial aid documents by the stated application deadlines

Grant Details & Retention Criteria

Effective with the Fall 2021 semester, eligible students will receive financial aid assistance from Loyola that—when added to federal grants and loans, state, University, and other aid for which they are eligible—will equal up to the full direct cost of attendance, including room and board for resident students.
Renewable up to four years (8 semesters, fall and spring) providing the student maintains full-time enrollment and a minimum, cumulative grade point average (GPA) of 2.0.
May be applied to study abroad tuition expenses in programs administered or sponsored by Loyola University Maryland. The Charm City Promise Grant will be forfeited for the semester/year that a student is abroad in a program administered by another college, university, or private organization.

Loyola Grant

Loyola need-based grants are available to full-time students based on the results of the FAFSA application.

Grant Details

Eligibility is determined annually
Students must complete the FAFSA application for each year of undergraduate enrollment
Students must be making satisfactory academic progress

Federal Pell Grant

The Federal Pell Grant Program is the largest federal need-based student aid program, providing grant assistance to undergraduate students who are enrolled in a degree or certificate program and have not received their first bachelor's degree. Eligibility is based on demonstrated financial need, cost of education, and enrollment status. The amount of the student's award is determined using the Federal Institutional Student Information Record (ISIR), Expected Family Contribution (EFC) and the Payment Schedule provided by the U.S. Department of Education.

Pell Grant awards range from $692 to $6,895 for eligible students enrolled full-time (minimum 12.0 credits per semester) during the fall and spring semesters. Awards are pro-rated for students who are enrolled on a less than full-time basis. Students may also receive Pell Grant assistance for summer session attendance, provided they enrolled on at least a half-time basis (minimum 6.0 credits).

Children of Fallen Heroes Scholarship Act

On March 23, 2018 the President authorized the Children of Fallen Heroes Scholarship Act for students eligible for the Pell grant whose parent or guardian died in the line of duty as a public safety officer. For more specific eligibility criteria and information you can read the announcement here. If you feel you may be eligible, please contact the financial aid office at financialaid@loyola.edu for next steps.

Federal Supplemental Educational Opportunity Grant (SEOG)

In awarding Federal Supplemental Grants, priority is given to Pell Grant recipients with the highest demonstrated financial need. Loyola limits awards through this program to a maximum of $1,000 per year.