Hey, I'm definitely considering Loyola University New Orleans as one of my top choices. Anyone know what their financial aid process looks like? Are there any special grants or scholarships I could apply for?
Loyola University New Orleans offers a variety of financial aid options to students. The general process starts with submitting the Free Application for Federal Student Aid (FAFSA) to get an understanding of your family’s financial need. This will help the university to determine your eligibility for federal, state, and institutional need-based aid.
As for special grants and scholarships, Loyola has quite a few. They offer merit-based scholarships that are awarded based on your academic achievements, without consideration of financial need. The scholarships range from $15,000 - $25,000 per year. The great thing is, you'll be automatically considered for these scholarships when you submit your application; you don't need to apply separately for them.
Beyond these, Loyola New Orleans offers several endowed and named scholarships that do require a separate application – these can be based on a variety of factors including academic interest, background, and more. For example, the Ignatian Scholarships for Excellence are full-tuition scholarships awarded to incoming first-year students and you're selected to apply based on your admission application.
Also, Loyola does participate in the Federal Direct Subsidized and Unsubsidized Student Loan program, along with a variety of work-study opportunities if that's something you're open to.
That said, for the most accurate and detailed advice, I recommend reaching out to Loyola's Office of Financial Aid. They'll be able to provide you with the most up-to-date info and guide you through their specific process. Good luck with your applications!
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