Number Received Financial Aid (All Undergraduate)
10,596
Percent Received Financial Aid(All Undergraduate)
91%
Average Aid Amount
$25,796
Number Received Financial Aid (Freshmen)
3,031
Percent Received Financial Aid (Freshmen)
99%
Financial Aid Information at Loyola University Chicago
For the academic year 2023-2024, a total of 10,596 students (91% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $25,796. For freshmen (Full-time, first-time degree-seeking undergraduate students), 3,031 students (99% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Loyola University Chicago is $53,710, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 10,596 students (91% of all students) have received grants or scholarships and the average received aid amount is $25,796. 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 | 10,596 | 91% | $25,796 |
| Pell Grants | 2,720 | 23% | $5,445 |
| Federal Student Loans | 5,610 | 48% | $6,441 |
Beginning Students Financial Aid
a total of 3,031 beginning students (99% of all freshmen) have received any financial aid and 3,025 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 | 3,031 | 99% | - |
| Grants or Scholarship from All Sources | 3,018 | 99% | $27,123 |
| Federal Grants | 875 | 29% | $6,237 |
| Pell Grants | 871 | 28% | $5,669 |
| Other Federal Grants | 444 | 15% | $1,170 |
| State/Local Grants | 739 | 24% | $6,530 |
| Institutional Grants | 2,934 | 96% | $24,395 |
| Student Loans | 1,578 | 52% | $9,837 |
| Federal Student Loans | 1,550 | 51% | $5,374 |
| Other Student Loans | 289 | 9% | $24,893 |
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