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 Applicants
How to Apply
File the 2024-25 Free Application for Federal Student Aid (FAFSA):
- Complete the FAFSA online at by November 15. You and your parent must have an FSA ID to electronically sign the FAFSA.
- Loyola University's FAFSA Code Number is 002078.
Application Deadline & Notification Dates
The final deadline to apply for need-based financial aid is November 15, but we encourage you to apply as soon as you can. If you submit your FAFSA and are accepted to the University, you will receive your financial aid package within a week of your acceptance.
Merit scholarship notification will be sent with the admission decision, and no separate application is required for merit awards. You will automatically be considered for every award we offer, ranging from $25,000-$35,000 each year.
Fall Early Decision I and Early Action Applicants
Updated: 10/15/2024
Typically, the FAFSA becomes available on October 1. However, the U.S. Department of Education has announced that the 2025-26 FAFSA won't be available until December 1, 2024. This delay means that students applying for Early Decision I or Early Action admission will not have access to the FAFSA in time to receive their official need-based financial aid package alongside their admission and merit scholarship decisions.
To address this challenge, Loyola has introduced the , now available for the exclusive use of students who have applied or plan to apply for Early Decision I or Early Action admission by November 15. The LEAF allows families to receive a need-based financial aid package within 24 hours of their admission decision, provided it is submitted by December 1. This initial LEAF package will inform you of the financial support Loyola will provide and an estimate of what support would come from the federal government.
If the information you submit on the LEAF is consistent with the FAFSA you submit later, the amount of institutional need-based grant aid in your LEAF package is guaranteed. While we can estimate the federal aid portion of your LEAF package, families must complete the FAFSA when it becomes available to receive a final aid package. If there are differences in what is submitted on the LEAF and FAFSA, your final award may differ from the initial LEAF package. Complete details about financial aid eligibility can be found on our financial aid website.
Fall Early Decision II and Regular Decision Applicants
The 2025-26 Free Application for Federal Student Aid (FAFSA) will be available in December 2024. Early Decision II and Regular Decision applicants and families should plan to complete and submit the FAFSA as soon as it鈥檚 available to ensure you鈥檙e considered for the maximum amount of aid that you鈥檙e eligible for.
How to Apply
File the 2025-26 Free Application for Federal Student Aid (FAFSA) by February 15:
- Complete the FAFSA online at by February 15. You and your parent must have an FSA ID to electronically sign the FAFSA.
- Loyola University's FAFSA Code Number is 002078.
Application Deadline & Notification Dates
The final deadline to apply for need-based financial aid is February 15, but we encourage you to apply as soon as you can. If you submit your FAFSA and are accepted to the University, you will receive your financial aid package within a week of your acceptance.
Merit scholarship notification will be sent with the admission decision, and no separate application is required for merit awards. You will automatically be considered for every award we offer, ranging from $30,000-$40,000 each year.