Grants + Scholarships

Our goal is to make a Loyola education within reach of all students. With that in mind, Loyola tries to help students obtain all of the grants and scholarships for which a student may be qualified.

There are also a number of aid programs available for military, veterans, and their dependents. Please contact our financial aid team for more information about these opportunities.

Grants

Unlike loans, federal need-based grants do not have to be repaid. The primary federal grants are Pell Grants (up to $5,645 annually) and Federal Supplemental Educational Opportunity Grants (up to $4,000 annually).

Pell Grants

The Federal Pell Grant Program provides need-based grants to low-income undergraduate and certain graduate students to promote access to postsecondary education. Learn more about the federal pell grant program

Federal Supplemental Educational Opportunity Grants (FSEOG)

The Federal Supplemental Educational Opportunity Grants (FSEOG) are also known as campus-based aid and are based on your financial need, when you apply, the amount of other aid you get, and the availability of funds. You can receive between $100 and $4,000 a year. Learn more about federal supplemental educational opportunity grants

GO Grant Program

The Louisiana GO Grant Program provides need-based grants for nontraditional and low- to moderate-income students. The maximum annual award is $1,000 for full-time students. There is a limited amount of funding under this program so it is important to submit the FAFSA by the priority deadline (Feb. 15).

TOPS Scholarships (for Louisiana students only)

The Taylor Opportunity Program for Students (TOPS) rewards high-achieving Louisiana high school students with college scholarships. Three different types of TOPS Scholarships can be used at Loyola: TOPS Opportunity Award, TOPS Performance Award, and TOPS Honors Award. 

Scholarships

Merit Scholarships

Loyola reviews all applications for admissions for scholarship consideration. Below is a list of academic and talent-based merit scholarships:

Ignatian Scholarship for Academic Excellence
Minimum cumulative 3.5 GPA on a 4-point scale in academic subjects; minimum 29 ACT composite or minimum 1300 SAT combined score to compete for this scholarship; 10 scholarships are awarded annually.

Dean's Scholarship for Academic Excellence
Minimum cumulative 3.5 GPA on a 4-point scale in academic subjects; minimum 29 ACT composite or minimum 1300 SAT combined score to compete for this scholarship; December 1 priority deadline.

Loyola Scholarship for Academic Excellence
Minimum cumulative 3.2 GPA on a 4-point scale in academic subjects; competitive test scores; December 1 priority deadline.

Social Justice Scholarship
Minimum cumulative 3.2 GPA on a 4-point scale in academic subjects; must submit a résumé of demonstrated commitment to community service in the promotion of social justice; intent to major or minor in sociology; December 1 priority deadline.

Transfer Scholarship
Minimum college cumulative 3.2 GPA on a 4-point scale in 12 or more hours of academic credit; June 1 deadline.

Department Scholarships

Business Scholarship for Academic Excellence
Minimum cumulative 3.2 GPA on a 4-point scale in academic subjects; remain a business major for four years; competitive test scores; December 1 priority deadline.

Theatre Arts Scholarship
Theatre arts majors only; by audition and appointment. 

Music Scholarship
Music majors only; by audition and appointment.

Visual Arts Scholarship
Visual arts majors only; audition and portfolio review required

Need-Based Scholarships

Students must demonstrate a financial need to qualify for need-based scholarships. To be considered, complete the year appropriate Free Application for Federal Student Aid (FAFSA) and you will be considered for all need-based federal, state, and institutional aid programs. The Loyola University New Orleans FAFSA Code is 002016. We encourage you to complete the FAFSA as soon as possible after January 1 – some forms of aid run out, so the earlier you apply, the more likely you’ll receive the maximum award.

Private Sources for College Funding

Many “outside” need- and merit-based grants and scholarships are available from private sources—particularly for students who are willing to do a bit of research on their own. Outside scholarships and grants will typically have unique eligibility criteria, applications, and deadlines, so starting the scholarship search sooner rather than later is a good idea!

There are many excellent resources for finding college scholarships—we’ve listed a few below to help you get started:

Louisiana Private Aid Programs

A number of private organizations award scholarships to Louisiana residents. Each scholarship has its own eligibility requirements and application process. Private aid programs provide need-based scholarships, study abroad scholarships, merit scholarships and awards that support students with a particular study interest or talent. 

Study Abroad

Scholarships are applicable to Loyola's academic year Exchange Programs but cannot be used at any "outside" study abroad programs. Some programs do not provide on campus housing. In those instances, the Ignatian Scholarship will cover tuition only.