I've been looking at Loyola Chicago as a possible college choice, but I'm unsure about the costs. Can someone share information on the total price of attending, including room and board, and any financial aid or scholarship opportunities that might help?
The cost of attendance at Loyola University Chicago varies depending on several factors, such as living arrangements and miscellaneous expenses. For the 2024-2025 academic year, the estimated costs are as follows:
- Tuition: $52,230
- Room and Board: $17,488 (estimated)
- Fees: $1,530
These figures bring the total estimated cost of attendance to around $71,248 per year. Keep in mind that these are approximate costs, so you may end up spending more or less depending on your personal circumstances and lifestyle.
To help with the costs, Loyola University Chicago offers a variety of financial aid options, including need-based aid, merit scholarships, and grants. You should start by completing the Free Application for Federal Student Aid (FAFSA) to be considered for need-based aid. Additionally, international students can fill out the CSS Profile for consideration for institutional grants and scholarships.
Merit-based scholarships at Loyola University Chicago are usually automatically considered when you apply for admission, so no separate application is required for most scholarships. Some scholarships available to incoming freshmen include the Damen Scholarship, the Loyola Scholars Award, and the Rambler Award, among others, which range from $5,000 to full tuition per year.
Another way to seek financial support is to research and apply for external scholarships. These can be found through various online databases and scholarship search engines, community foundations, and local organizations.
Remember that it's essential to research these opportunities and apply early to maximize your chances of receiving financial aid. Be sure to periodically check the financial aid website of Loyola University Chicago for any updates or additional information.
CollegeVine’s Q&A seeks to offer informed perspectives on commonly asked admissions questions. Every answer is refined and validated by our team of admissions experts to ensure it resonates with trusted knowledge in the field.