Number Received Financial Aid (All Undergraduate)
11,146
Percent Received Financial Aid(All Undergraduate)
94%
Average Aid Amount
$24,072
Number Received Financial Aid (Freshmen)
2,833
Percent Received Financial Aid (Freshmen)
99%
Financial Aid Information at Loyola University Chicago
For the academic year 2021-2022, a total of 11,146 students (94% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $24,072. For freshmen (Full-time, first-time degree-seeking undergraduate students), 2,833 students (99% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at Loyola University Chicago is $51,716, for reference.
All Undergraduate Students Financial Aid
For the academic year 2021-2022, a total of 11,146 students (94% of all students) have received grants or scholarships and the average received aid amount is $24,072. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at Loyola University Chicago for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 11,146 | 94% | $24,072 |
| Pell Grants | 2,647 | 22% | $5,149 |
| Federal Student Loans | 5,696 | 48% | $6,708 |
Beginning Students Financial Aid
a total of 2,833 beginning students (99% of all freshmen) have received any financial aid and 2,831 students (99% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students. The below table shows the number and amount by the source of financial aid at Loyola University Chicago.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 2,833 | 99% | - |
| Grants or Scholarship from All Sources | 2,823 | 99% | $26,796 |
| Federal Grants | 1,692 | 59% | $3,622 |
| Pell Grants | 677 | 24% | $5,012 |
| Other Federal Grants | 1,599 | 56% | $1,710 |
| State/Local Grants | 514 | 18% | $5,220 |
| Institutional Grants | 2,822 | 99% | $23,684 |
| Student Loans | 1,506 | 53% | $9,442 |
| Federal Student Loans | 1,477 | 52% | $5,376 |
| Other Student Loans | 260 | 9% | $24,153 |
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