FAFSA 2024 Updates

Due to nationwide delays in the FAFSA process, all new and returning students will receive their financial aid awards later than usual this year. FAFSA 2024 FAQs

Loyola has extended the enrollment deposit deadline for incoming first-year students to June 1, 2024. Read the full message

在线 金融援助 FAQs

  

No. 学费 and fees for our online programs are significantly discounted, so online students are not eligible for any Loyola institutional aid. This applies to both merit scholarships and need-based grants.

Certain Louisiana residents might qualify for state grants, including TOPS. Any state grant programs you qualify for will be included on your financial aid award package.

In order to determine your eligibility for financial aid, Loyola’s Office of 金融援助 will check that:

  • You have completed the FAFSA for the current school year.
  • You are not in an active default or overpayment on any of your previous student aid.
  • You have not reached or exceeded your lifetime aggregate limits for direct student loans and/or federal Pell grants.

请查看 提交我的FAFSA page for more information.

Your eligibility for a financial aid package is reviewed after you have both:

  • Been accepted for admission.
  • Submitted a FAFSA for the appropriate school year that included Loyola’s federal school code (002016).

Financial aid packages are completed on a rolling basis, so we encourage you to:

  • Complete your FAFSA right away.
  • Respond to requests for additional documents as quickly as possible.

Remember: You do not have to wait for an admission decision before submitting your FAFSA online!

Your enrollment status is determined by the number of credits you choose to enroll in for each semester, across all sessions within that term. Enrollment statuses are different between undergraduate- and graduate-level programs.

Enrollment Status Credits/Semester (本科) Credits/Semester (研究生)
Less than half-time 1-5 1-2
半场*  6-8 3-5
Three-quarter time 9-11 n/a
全职 12人或以上 6个或以上

 

Half-time status in a semester (across all sessions within the term) is the minimum enrollment to be eligible to receive disbursements of direct subsidized/unsubsidized/Parent or 研究生 PLUS loans.

Enrollment status also affects the maximum dollar amount of a Pell grant in a semester (for eligible undergraduate students). 参加过, your Pell grant might increase if you increase the number of credits in your class schedule, or could decrease if you reduce the number of credits in your class schedule.

Dropping and Withdrawing from classes will affect your enrollment status. Find more information about Drops and Withdrawals 在这里.

We recommend always contacting our office first before making changes to your class schedule. Changes to enrollment status and financial aid eligibility usually can’t be reversed after a schedule change is made.

Any financial aid package Loyola offers you will be the best package available. We will offer you the maximum amounts in all of the federal programs you qualify for based on the information provided on your FAFSA.

We understand that financial situations can change, so if you feel your FAFSA does not accurately reflect your household’s current financial situation, please contact your financial aid counselor directly to discuss options.

Verification is a process designed to verify that students complete the FAFSA accurately and completely; being selected for verification does not mean that you have filled out the FAFSA incorrectly.

You will be contacted directly by the Office of 金融援助 if you are required to complete Verification. Loyola policy states that Verification must be completed before you will be offered an award package for the school year.

If requested, all Verification documents should be uploaded to Loyola’s Verify my FAFSA site.

Please do not submit any financial aid documents or tax forms unless specifically requested.

You should always check with your financial aid counselor before submitting any corrections to your FAFSA online if you have already received an award package for that school year. This includes corrections for changes to your address, 电话号码, 家庭规模, or marital status.

Unnecessary changes to your FAFSA can possibly negatively affect your financial aid eligibility in the school year, even if you have already received an award package, so please contact the financial aid office if you are uncertain about making a change.