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What is the average financial aid amount at Loyola University Chicago?

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For the academic year 2022-2023, total 2,833 full-time, first-time students (99% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.

For all undergraduate students, total 11,146 students (94% of all students) received grants or scholarships and the average grant amount is $24,072. In addition, 5,696 students received student loans and the average loan amount is $6,708.

Below tables show the number and amount by source of financial aid at Loyola University Chicago.
All Undergraduate Student Financial Aid at Loyola University Chicago
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid11,14694%$24,072
Pell Grants2,64722%$5,149
Federal Student Loans5,69648%$6,708
Beginning Students (Freshmen) Financial Aid at Loyola University Chicago
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid2,83399%-
Grants or Scholarship from All Sources2,82399%$26,796
Federal Grants1,69259%$3,622
Pell Grants67724%$5,012
Other Federal Grants1,59956%$1,710
State/Local Grants51418%$5,220
Institutional Grants2,82299%$23,684
Student Loans1,50653%$9,442
Federal Student Loans1,47752%$5,376
Other Student Loans2609%$24,153
see more grants, scholarship, student loans, and other financial aid stats

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