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National Application Center :: campus tours :: Loyola University Chicago costs & financial aid

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Loyola University Chicago

Loyola University Chicago
1032 West Sheridan Road
Chicago, IL 60660

Official telephone: (773) 274-3000
Fax number: (773) 508-3102
Website: www.luc.edu
Screen last updated on: December 2016

The financial aid information below is valid for the 2015 academic year.

FINANCIAL AID OFFICE
Financial aid officer: Tobyn Friar,
Director of Financial Aid
Contacting the office: 773 508-7704
773 508-3397 (fax)
lufinaid@luc.edu
FAFSA number: 001710

EXPENSES
Undergraduate tuition: $40,052; $40,052 out-of-state
Additional required fees: $1,332
Book fees: $1,200
Miscellaneous expenses: $2,050
Other expenses: Transportation, miscellaneous.
Combined room and board expenses: $13,770

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAMarch 1yesN/A

Date award notification begins: February 15
Applied for financial aid:
83% of first-year students
77% of full-time undergraduates
56% of part-time undergraduates
Determined to have financial need:
83% of first-year students
87% of full-time undergraduates
88% of part-time undergraduates
Students determined to have financial need who received any financial aid:
100% of first-year students
100% of full-time undergraduates
94% of part-time undergraduates
Students determined to have financial need who received any need-based gift aid:
99% of first-year students
96% of full-time undergraduates
71% of part-time undergraduates
Students receiving financial aid who received need-based self-help aid:
83% of first-year students
83% of full-time undergraduates
57% of part-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
11% of first-year students
9% of full-time undergraduates
3% of part-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
14% of first-year students
13% of full-time undergraduates
8% of part-time undergraduates
Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans):
80% for first-year students
79% for full-time undergraduates
55% for part-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$33,359 for first-year students
$31,932 for full-time undergraduates
$13,834 for part-time undergraduates
Average need-based gift award:
$20,960 for first-year students
$19,243 for full-time undergraduates
$5,994 for part-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$5,322 for first-year students
$6,461 for full-time undergraduates
$6,663 for part-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$3,947 for first-year students
$5,073 for full-time undergraduates
$5,439 for part-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
27% of first-year students
25% of full-time undergraduates
6% of part-time undergraduates
Average award to students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
$15,511 for first-year students
$13,963 for full-time undergraduates
$5,050 for part-time undergraduates
Students who received a non-need-based athletic award:
1% of first-year students
1% of full-time undergraduates
0% of part-time undergraduates
Average non-need-based athletic award:
$27,342 for first-year students
$28,554 for full-time undergraduates
$2,805 for part-time undergraduates
School participates in Federal Work-Study Program: yes
Percent of students who received aid that participated in Federal Work Study: 16%

TYPES OF AID AVAILABLE
Types of loans available:
  • Direct Subsidized Stafford Loans
  • Direct Unsubsidized Stafford Loans
  • Direct PLUS Loans
  • FFEL Subsidized Stafford Loans
  • FFEL Unsubsidized Stafford Loans
  • FFEL PLUS Loans
  • Federal Perkins Loans
  • Federal Nursing Loans
Parent loans packaged to meet need: no
First-year loan package range: $2,000 - $13,500
Undergraduate loan package range: $1,000 - $17,500
Percent of undergraduates who have borrowed through all loan programs: 71%
Average student debt upon graduation: $31,750
Types of payment plans:
  • Tuition Management Systems
Need-based scholarships/grants available:
  • need-based (general)
  • Federal Pell Grants
  • SEOG
  • state scholarships/grants
  • college/university scholarships/grants (institutional funds)
  • private scholarships/grants
  • Federal Nursing Scholarships
Non-need-based scholarships/grants available:
  • non-need-based (general)
  • academic merit scholarships/grants
  • athletic scholarships
  • leadership, music/drama, and religious affiliation scholarships/grants.
First-year scholarship/grant award range: $500 (full tuition)
Undergraduate scholarship/grant award range: $500 (full tuition)
Percent of scholarship aid awarded to out-of-state students: 32%

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