OFFICE OF GRADUATE FINANCIAL AID

www.loyola.edu/gradfinaid

The office of graduate financial aid administers several types of financial assistance for graduate students. Loan assistance is available through the federal government and private lenders. Assistantships are available through several academic and administrative departments. Additionally, individual departments offer a limited number of fellowships, scholarships and grants to assist students with their education expenses.

Quick Loan Facts

Who can apply?

Federal Direct Unsubsidized Loans are available to all graduate students who are enrolled at least half‐time in degree seeking coursework and who meet federal financial aid eligibility requirements.

When can I apply?

Application procedures are updated on the graduate financial aid web site every mid to late February. Students must reapply every academic year. The academic year begins in summer and ends with spring.

What forms must be completed?

• Free Application for Federal Student Aid (FAFSA) https://studentaid.ed.gov/sa/fafsa.

• Direct Loan Program Graduate Information Sheet

• Federal Direct Loan Electronic Master Promissory Note

• Federal Direct Loan Entrance Counseling

A complete financial aid application must be submitted at least four weeks prior to registration if loan proceeds will be used for tuition and fee payments. Course registrations submitted before the completion of the loan application process must include full tuition payment.

To learn more about graduate financial aid, go to www.loyola.edu/gradfinaid. You may contact the office of graduate financial aid at gradfinancialaid@loyola.edu or 410‐617‐5020.