Student Loans

Loans allow you to spread the cost of education over time through scheduled repayments. All need-based financial aid awards at Loyola will include federal loans. You are not required to accept the loan portion of your financial aid package, but we cannot offer additional grant or scholarship assistance if you choose to decline your federal loans.

Federal loans include the Federal Direct Subsidized Stafford Loan (currently 3.86% interest), the Federal Direct Unsubsidized Loan (currently 3.86% interest) and the Federal Perkins Loan (currently 5% interest).

Get more information about applying for direct loans »