Dreaming of a Loyola education but worried about the cost? You’re not alone. College expenses can feel overwhelming, but the Loyola University Chicago scholarships are changing the game. Thanks to a historic $100 million donation, more students are getting the financial support they need to succeed. And the best part? No extra hassle. Most scholarships don’t require a separate application, your admission application is your scholarship application. Opportunities are waiting. Let’s explore how Loyola University Chicago scholarships can help fund your future!
Loyola University Chicago Scholarships Overview
To be considered for Loyola University Chicago scholarships, students must submit a completed application for undergraduate admission, as there are no separate Loyola scholarship requirements. Freshman applicants should apply by December 1, 2024, and must be admitted by February 1, 2025, to be considered for scholarships. Transfer students must be admitted by June 1, 2025, to qualify. Scholarships are competitively awarded based on academic achievement, with applications reviewed on a first-come, first-served basis. Financial need is not a factor in awarding academic scholarships, as they are granted solely based on the information provided in the admission application. Loyola University Chicago scholarships for international students include merit-based awards automatically considered during Loyola University admission requirements, with limited need-based financial aid available.
Top 12 Loyola University Scholarships
Loyola University Chicago scholarships come in various forms to support students in funding their education. Loyola University offers merit-based scholarships, automatically awarded based on academic excellence, and need-based grants for students demonstrating financial need. Additionally, departmental scholarships are available for students pursuing specific majors, while athletic scholarships support student-athletes excelling in sports. For those interested in Loyola study abroad programs, there are specialized scholarships to help offset international education costs.
1. The Deloitte Accounting Scholarship
Amount Granted: $7,500 in tuition reimbursement over three semesters
Minimum GPA: 3.0
Deadline: Not specified
The Deloitte Accounting Scholarship is exclusively available to Sophomore and Junior accounting majors enrolled in the Quinlan School of Business who demonstrate financial need and have a strong interest in pursuing a career in public accounting. In this Loyola University Chicago scholarship, preference is given to students for whom English is a second language and/or those who are first-generation college students.
2. Martin J. Svaglic Humanities Scholarship
Amount Granted: Not specified
Minimum GPA: 3.8
Deadline: March 3rd
As part of Loyola University Chicago scholarships, the Martin J. Svaglic Humanities Scholarship is awarded to two qualified new freshman or transfer students admitted into humanities programs. Eligible majors include Art History, Fine and Performing Arts, Classical Studies, Dance, English and Creative Writing, French, History, Italian, Latin, Music, Philosophy, Religious Studies, Spanish, Theatre, Theology, and Visual Communications. This Loyola University Chicago scholarship application is available on the student’s application portal.
3. Ignatian Scholarship Loyola Chicago
Amount Granted: Full tuition
Minimum GPA: Not specified
Deadline: Not specified
The Ignatian Scholarship is a full tuition award granted to selected freshman students on an invite-only basis. Candidates for this highly competitive Loyola University Chicago scholarship must participate in a virtual interview with faculty and administrators in late March. This Loyola scholarship is renewable based on the Scholarship Renewal Policy.
4. James Wesley White, Jr. Scholarship
Amount Granted: $2,000
Minimum GPA: Not specified
Deadline: April 1, 2025
The James Wesley White, Jr. Scholarship is awarded annually in honor of James “Jay” Wesley White, Jr. This Loyola scholarship is available to current sophomores and juniors majoring in theatre. It recognizes students with exceptional talent, dedication, and passion for the performing arts. Recipients are selected based on academic achievement, artistic excellence, and commitment to their craft.
5. Gannon Scholars
Amount Granted: $8,000 per year
Minimum GPA: Not specified
Deadline: February 1, 2025
The Gannon Scholars Program awards ten $8,000 scholarships annually to students who demonstrate exceptional leadership, scholarship, and service while supporting the mission of the Gannon Center for Women and Leadership. This Loyola scholarship is renewable for three additional years, provided the recipient actively participates in the Gannon Scholars Leadership Program. Applicants will be notified of their status via email in early March, with final scholarship decisions announced in early April.
6. Immaculata High School of Chicago Alumnae Association Scholarships
Amount Granted: Varies (Based on financial need)
Minimum GPA: Not specified
Deadline: May 1, 2025
Among the Loyola University Chicago scholarships, the Immaculata High School of Chicago Alumnae Association Scholarships are available to alumnae of Immaculata High School of Chicago and their eligible family members. Qualified applicants include children, stepchildren, adopted children, nieces, nephews, grandchildren, and descendants of spouses of alumnae.
7. Jesuit, Blessed Virgin Mary (BVM), and Sisters of Christian Charity High School Scholarship
Amount Granted: Half tuition
Minimum GPA: 3.0 (at application), 2.0 (for renewal)
Deadline: March 15, 2025 (Nomination submission)
As part of Loyola University Chicago scholarships, this half-tuition scholarship is awarded to one student from each Jesuit, B.V.M., and Sisters of Christian Charity high school in the United States, Canada, and Puerto Rico. Candidates must be nominated by their high school principal or designated representative (one nomination per school). Nomination forms are sent to eligible high schools in January. This Loyola scholarship recipient must maintain a 2.0 cumulative GPA at Loyola University Chicago to retain the award.
8. Latino Art Beat Scholarship at Loyola University Chicago
Amount Granted: $8,000 total ($2,000 per year for four years)
Minimum GPA: Not specified
Deadline: Not specified
Among the Loyola University Chicago scholarships, the Latino Art Beat Scholarship awards two scholarships to three new students who are accepted to Loyola University Chicago and recognized as winners in Chicago’s Latino Art Beat competition. This scholarship, granted by Mr. Don Rossi Nuncio, president of Latino Art Beat, is tuition-restricted and distributed as $2,000 per year for four consecutive years.
9. National Merit/National Achievement Finalists Scholarship
Amount Granted: Full tuition (select recipients) or $2,000 per year
Minimum GPA: 3.4 (for full tuition recipients), 3.0 (for $2,000 scholarship recipients)
Deadline: March 1, 2025
As part of Loyola University Chicago scholarships, one full-tuition scholarship is available to students who have been named National Merit/National Achievement Finalists by the National Merit Corporation. Qualified students must submit a copy of their award letter from the National Merit Corporation as their application for this scholarship. A selection committee reviews Loyola University Chicago applications based on admission materials, writing samples, and transcripts. Any finalist not awarded the full-tuition scholarship will receive a $2,000 Loyola-sponsored scholarship instead. To be eligible, students must name Loyola University Chicago as their first-choice school with the National Merit Corporation.
10. David Prasse Community Schools Scholarship
Amount Granted: Varies
Minimum GPA: Not specified
Deadline: March 3, 2025
The David Prasse Community Schools Scholarship awards five scholarships of varying amounts through a selective process to students admitted from Senn High School. Eligible students must graduate from Senn High School by the summer term. Applicants are encouraged to file the Free Application for Federal Student Aid (FAFSA) as soon as possible to qualify for the Illinois Monetary Award Program (MAP). Undocumented students are also invited to apply. This University of Chicago scholarship recipients will participate in a comprehensive program designed to enhance their academic, social, spiritual, community, and professional experiences during college. Students can find the application on their admitted student status page.
11. Zolp Scholarship
Amount Granted: Varies (Based on fund availability and number of recipients)
Minimum GPA: Not specified
Deadline: March 1, 2025 (Application) | February 1, 2025 (Admission deadline)
As part of Loyola University Chicago scholarships, the Wm. Zolp Scholarship is an endowed scholarship that covers tuition costs for Catholic students with the last name "Zolp". This Loyola scholarship is for those people who attend Loyola University Chicago. To qualify, applicants must provide official documentation, including a birth certificate and a baptismal or confirmation certificate verifying their last name and Catholic faith. Prospective students must be admitted to Loyola University and complete their scholarship application through LUC Scholarship Connect after January 1st.
12. SIM Chicago Scholarship at Loyola University Chicago
Amount Granted: Up to $2,500 per year (for two years)
Minimum GPA: Not specified
Deadline: Not specified
Among the Loyola University Chicago scholarships, the SIM(Society for Information Management - Chicago Chapter) Chicago Scholarship awards to students pursuing a computer science-related major. Preference is given to students who are sophomores or above and who demonstrate financial need. This scholarship is sponsored by SIM Chicago, offering recipients a unique opportunity to engage with thought leaders in technology and business. This Loyola University scholarship supports SIM Chicago’s mission to develop the next generation of IT leaders, ensuring the industry’s future success. Students can apply through the portal LUC Scholarship Connect.
Other Programs Offered by Loyola University Chicago
In addition to Loyola University Chicago scholarships, the university provides special programs that support students in various academic and financial capacities.
Financial Aid Offered by Loyola University Chicago
Loyola University Chicago provides various financial aid options to support students in managing tuition costs. These include need-based aid, grants, work-study opportunities, and loans. Here’s an overview of the financial aid options available:
1. Need-Based Grants
- Loyola Grant – Awarded to students based on financial need as determined by FAFSA.
- Federal Pell Grant – A federal grant for undergraduate students with exceptional financial need.
- Federal Supplemental Educational Opportunity Grant (FSEOG) – Additional federal funding for Pell Grant recipients with high financial need.
- Illinois Monetary Award Program (MAP) Grant – Available for Illinois residents attending college in the state.
2. Federal Work-Study Program
- Provides eligible students with part-time jobs on-campus or with approved off-campus employers.
- Helps students earn money to cover educational expenses.
3. External & Institutional Scholarships
In addition to Loyola University Chicago scholarships, students can apply for external top scholarships in the USA from private organizations, nonprofits, and businesses.
Student Housing Near Loyola University Chicago
Loyola University Chicago scholarships help ease the cost of education, but finding affordable, student-friendly housing is just as important. Living off-campus gives students the freedom to explore Chicago’s diverse neighborhoods while staying close to Loyola’s Lakeshore Campus. Whether you’re looking for a budget-friendly studio or a spacious apartment with roommates, amber offers verified options for student housing near Loyola University Chicago that balance convenience, comfort, and affordability
- The Link Evanston – Modern student apartments with premium amenities near campus.
- Tailor Lofts – Spacious, fully furnished units with a strong student community.
- Prairie Shores – Affordable housing with easy access to public transport.
- Post Chicago – Upscale student living with city views and modern interiors.
- Lake Meadows – Comfortable and budget-friendly apartments near campus facilities
Loyola University’s unwavering commitment to student success is evident, with approximately 94% of undergraduate students receiving financial aid through grants. This support empowers students to immerse themselves fully in their studies, engage in enriching extracurricular activities, and prepare for impactful careers. By investing in its students, Loyola University Chicago scholarships not only transform individual lives but also cultivate leaders poised to effect positive change in their communities and beyond.