Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 9,866, which is 87.22 % of all undergraduate students. 6,200 students which is 55.00% of undergraduate students received federal student loans and the average loan amount is $6,967.

For full-time, first-time beginning students (freshmen), 96.67% of students received grants or scholarships and 59% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Loyola University Chicago since 2013.

For that period, the average number of students who received grants aid/scholarships is 9,866, which is 87.22 % of all undergraduate students. 6,200 students which is 55.00% of undergraduate students received federal student loans and the average loan amount is $6,967.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-148,506 (84%)$16,8802,864 (28%)$4,2316,194 (61%)$7,477
2014-158,555 (83%)$17,5752,732 (26%)$4,2586,062 (59%)$7,218
2015-168,940 (81%)$17,6982,716 (25%)$4,2866,068 (55%)$7,324
2016-179,665 (87%)$18,7952,827 (25%)$4,3536,265 (56%)$6,850
2017-1810,008 (88%)$20,0742,944 (26%)$4,6336,423 (56%)$6,854
2018-1910,542 (88%)$21,2182,981 (25%)$4,8576,795 (57%)$6,690
2019-2010,883 (89%)$22,0252,860 (23%)$4,9696,708 (55%)$6,827
2020-2110,546 (91%)$23,0262,650 (23%)$5,0225,588 (48%)$6,759
2021-2211,146 (94%)$24,0722,647 (22%)$5,1495,696 (48%)$6,708
Average9,866 (87.22%)$20,1512,802 (24.78%)$4,6406,200 (55.00%)$6,967
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 2,433 (96.67 % of students) received grants or scholarships and its average amount is $22,308. It can cover 43.14% of tuition & fees ($51,716).

In addition, 1,497 (59.22 % of students) students get helped from the students loans (average amount : $8,793).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,336 (94%)$18,2931,541 (62%)$9,138
2014-152,159 (94%)$19,0951,375 (60%)$8,595
2015-162,078 (95%)$19,6741,346 (61%)$8,617
2016-172,540 (97%)$22,0161,628 (62%)$8,772
2017-182,579 (97%)$22,6921,731 (65%)$8,273
2018-192,722 (98%)$22,9981,782 (64%)$8,762
2019-202,578 (98%)$23,3571,603 (61%)$9,165
2020-212,082 (98%)$25,854960 (45%)$8,374
2021-222,823 (99%)$26,7961,506 (53%)$9,442
Average2,433 (96.67%)$22,3081,497 (59.22%)$8,793
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 608 (24.11 % of students) received Pell (federal) grants and its average amount is $4,631.

In addition, 503 students received State/local government grants/scholarships (20.00 % of students).

Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14671 (27%)$4,323328 (13%)$691571 (23%)$4,5212,333 (93%)$15,869
2014-15567 (25%)$4,312306 (13%)$554487 (21%)$4,5882,154 (94%)$16,888
2015-16549 (25%)$4,423262 (12%)$511444 (20%)$4,4942,073 (95%)$17,523
2016-17678 (26%)$4,500321 (12%)$523580 (22%)$4,4602,530 (97%)$19,808
2017-18649 (24%)$4,641325 (12%)$592549 (21%)$4,5872,574 (97%)$20,513
2018-19649 (23%)$4,802301 (11%)$611528 (19%)$4,6712,717 (98%)$20,918
2019-20562 (21%)$4,774249 (9%)$1,354449 (17%)$5,0502,576 (98%)$21,323
2020-21474 (22%)$4,893969 (46%)$1,483404 (19%)$5,0642,077 (98%)$23,123
2021-22677 (24%)$5,0121,599 (56%)$1,710514 (18%)$5,2202,822 (99%)$23,684
Average608 (24.11%)$4,631518 (20.44%)$892503 (20.00%)$4,7392,428 (96.56%)$19,961
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 1,497 (59.22 % of students) get any students loan help and its average loan amount is $1,497.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-141,541 (62%)$9,1381,515 (61%)$6,152256 (10%)$18,602
2014-151,375 (60%)$8,5951,360 (59%)$5,793204 (9%)$19,316
2015-161,346 (61%)$8,6171,333 (61%)$5,871187 (9%)$20,177
2016-171,628 (62%)$8,7721,606 (61%)$5,712253 (10%)$20,183
2017-181,731 (65%)$8,2731,713 (65%)$5,750205 (8%)$21,810
2018-191,782 (64%)$8,7621,766 (64%)$5,450264 (10%)$22,684
2019-201,603 (61%)$9,1651,588 (60%)$5,426254 (10%)$23,918
2020-21960 (45%)$8,374926 (44%)$5,419168 (8%)$17,984
2021-221,506 (53%)$9,4421,477 (52%)$5,376260 (9%)$24,153
Average1,497 (59.22%)$8,7931,476 (58.56%)$5,661228 (9.22%)$20,981

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