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Loyola University Chicago Financial Aid

Financial Aid Scoreboard
Number Received Financial Aid (All Undergraduate) 10,883
Percent Received Financial Aid(All Undergraduate) 89%
Average Aid Amount $22,025
Number Received Financial Aid (Freshmen) 2,609
Percent Received Financial Aid (Freshmen) 99%

Financial Aid Information at Loyola University Chicago

For the academic year 2020-2021, a total of 10,883 students (89% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $22,025. For freshmen (Full-time, first-time degree-seeking undergraduate students), 2,609 students (99% of enrolled students) received financial aid.
The 2022 undergraduate tuition & fees at Loyola University Chicago is $47,808, for reference.

All Undergraduate Students Financial Aid

For the academic year 2020-2021, a total of 10,883 students (89% of all students) have received grants or scholarships and the average received aid amount is $22,025. 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.
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 aid10,88389%$22,025
Pell Grants2,86023%$4,969
Federal Student Loans6,70855%$6,827

Beginning Students Financial Aid

a total of 2,609 beginning students (99% of all freshmen) have received any financial aid and 2,603 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.
Beginning Students (Freshmen) Financial Aid at Loyola University Chicago
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid2,60999%-
Grants or Scholarship from All Sources2,57898%$23,357
Federal Grants56421%$5,354
Pell Grants56221%$4,774
Other Federal Grants2499%$1,354
State/Local Grants44917%$5,050
Institutional Grants2,57698%$21,323
Student Loans1,60361%$9,165
Federal Student Loans1,58860%$5,426
Other Student Loans25410%$23,918