Loyola University New Orleans, a Jesuit and Catholic institution of higher education, welcomes students of diverse backgrounds and prepares them to lead meaningful lives with and for others; to pursue truth, wisdom, and virtue; and to work for a more just world. Inspired by Ignatius of Loyola's vision of finding God in all things, the university is grounded in the liberal arts and sciences, while also offering opportunities for professional studies in undergraduate and selected graduate programs.
As part of the Office of Enrollment Management, staff members in the Office of Scholarships and Financial Aid are committed to supporting the University’s goals of enrolling and graduating a highly talented and diverse student body. Our student-focused staff works to help students and their families seek, obtain, and make the best use of all resources available to help them finance the costs of attending Loyola University New Orleans. .
We're happy you are beginning to explore how to plan and pay for your college education. We will help you every step of the way. Using this net price calculator, you can find out an estimate of your eligibility for institutional, federal and state aid (if you are from Louisiana) programs. You will also see an estimate of your BASIC out-of-pocket expenses. Remember, you have to repay all loans borrowed so you need to include that cost in your total estimate of your out-of-pocket expenses.
We know that these are difficult and challenging economic times right now. However, results from the net price calculator may show you that a Loyola education may be affordable for you and your family.
Even if you're not going to college in the near future, the net price calculator will still be helpful. Younger students and their parents can use this tool to learn about college costs and receive early financial aid information. You can create "what if" scenarios based on expected family income and anticipated expenses, and start to plan and save well before applying to college. We would like to encourage younger students and parents to check the resources we have posted at http://www.loyno.edu/financialaid/preparing-for-college
Colleges have different resources and financial aid policies, so your "net price" will vary from institution to institution. Also, special circumstances are considered by financial aid offices on a case-by-case basis. If your situation is unusual, you may want to contact our office (firstname.lastname@example.org).
When you're ready to begin, you can sign in with your College Board user name and password or use the calculator as a guest. The advantage of signing in is that the information you enter will be saved in your account, so you can use it again and again to calculate your net price at other colleges of interest. Good luck and please feel free to contact us (finaid.loyno.edu) , if you have any questions or concerns.
The calculator is designed to give you an early indication of how much and what types of financial aid you might qualify for if you were a college freshman attending Loyola University New Orleans. All information is based on projected costs and aid available during the 2013-2014 academic year. It is a tool which we hope will give you a clear picture of options and opportunities so you can make more informed decisions about your college choices.
As you use the calculator, please remember:
- This is not an application for admission or financial aid.
- An estimate for available state aid will only be provided for students from Louisiana. As a general rule, state aid programs are not available to students who leave the state to attend college.
- The results for all need-based aid programs will only be as reliable as the data you provide. Available funding and all packaging policies are subject to change.
- Loyola University offers a wide array of institutional merit and talent-based scholarships. Actual awards are based on multiple factors and the overall strength of the indivual student as compared to the rest of the appplicant pool. The spirit of the regulations mandate that we limit the number of questions that we ask you. However, " keeping it simple" means that the figures noted should only be seen as the historical median for institutional merit and talent based scholarships awarded for the 2011-2012 year.
- The net price calculator will only give you an estimate of your net price and aid eligibility. All figures for cost and aid are for the 2013-2014 academic year. You should assume prices will increase each year (on average) between 3-6%. During these difficult times, you can not assume that funds for all federal and state aid programs will increase each year.
- Congress continues to debate the future of federal financial aid programs, Please follow this important debate at http://www.loyno.edu/financialaid/future-federal-student-aid-programs
- You must complete the Free Application for Federal Student Aid (FAFSA) as soon as possible after January 1 of the year you plan to attend college. The FAFSA is available online at www.fafsa.ed.gov . Incoming students can choose to complete the "FAFSA4caster" BEFORE January 1 to get an estimate of their federal student aid eligibility. We also have additional resources posted at http://www.loyno.edu/financialaid/completing-fafsa . You should complete the FAFSA by February 15, 2013 for priority consideration for all aid programs.
Completing the calculator should take no more than 20 minutes of your time. You will need to answer some basic questions about your parents' financial situation so it might be helpful to have recent tax forms or pay stubs on hand before you begin.