FAFSA 2024 Updates

Due to nationwide delays in the FAFSA process, all new and returning students will receive their financial aid awards later than usual this year. FAFSA 2024 FAQs

Loyola has extended the enrollment deposit deadline for incoming 第一个-year students to June 1, 2024. Read the full message

在线 Finalize Your Award

Financial Aid Award

所有学生必须在一个学期中至少参加一半的时间,才有资格在该学期获得联邦直接补贴/无补贴/家长或研究生PLUS学生贷款.

  • Undergraduate half-time enrollment is equal to six (6) credit hours per semester.
  • 研究生 half-time enrollment is equal to three (3) credit hours per semester.

在更改课程表之前,请与我们办公室确认,因为任何更改都可能影响您的资格.

All federal student loans are optional and you are 不 required to accept them.

如果您选择接受全部或部分联邦直接补贴和/或无补贴贷款, you are required to complete two additional electronic forms at studentaid.政府 (this is true for both graduate and undergraduate students).

在您有资格获得任何联邦直接补贴和/或无补贴贷款支付之前,需要这两份文件.

Federal Direct PLUS loans are available to:

  1. 被认为依赖当年FAFSA的本科生的父母(24岁以下)
  2. All graduate-level students

Parent and 研究生 PLUS loans are based on credit approval and require an additional electronic PLUS loan application at studentaid.政府.

Make sure to apply for the appropriate Direct PLUS Loan Application for either:

  • 研究生/Professional Students
  • 父母

All approved Direct PLUS loan borrowers are required to complete a Loan Agreement/MPN 在适当的研究生/专业学生或本科生家长部门申请PLUS贷款.

所有联邦直接学生贷款都是可选的,你不需要接受所有或任何你提供的奖励.

If you wish to decline or reduce any portion of your financial aid package, please email your request to onlineFA@addorme.com.

您的联邦佩尔助学金的金额可能会根据您在适用学期的注册状态而变化.

您获得联邦佩尔助学金的资格仅基于当前学年在FAFSA上提供的信息, ,是 subject to change from year to year.

 每学期的所有奖励金额分为两个相等的支付支付到您的洛约拉学生帐户在不同的日期. 学生有资格在每学期的第一学期获得每学期总金额的一半,在第二学期获得另一半.

Financial Aid is scheduled to disburse on or after the tenth day of class, after the add/drop period ends, in each of the sessions within a semester.

Note: We are able to disburse Federal Aid funds prior to the scheduled date.

Scheduled Disbursement Dates for the 2021-2022 School Year:

学期 Scheduled FIRST Disbursement Date Scheduled SECOND Disbursement Date
Summer ’21 May 26, 2021 July 14, 2021
秋天的21 September 1, 2021 October 27, 2021
Spring '22 January 28, 2022 March 23, 2022

 

学生只有在他们参加课程的学期和学期才有资格获得联邦学生援助. If you do 不 attend any of the semesters and/or sessions for which you are awarded Federal Aid, 任何联邦助学金和/或直接学生贷款支付(s),你被提供将不会支付到您的洛约拉学生帐户. 取消的贷款款项将不会包括在你的贷款还款金额内或被收取利息.

请记住,教育部对所有联邦直接学生贷款收取申请费. 这是你借的贷款本金的一小部分,不会适用于你的洛约拉学生账户. For more information about Interest Rates and 费用, please visit Federal Student Aid Interest Rates and 费用.

在课程开始日期之前,经济援助退款不可用,并不是所有学生都有资格获得经济援助退款.

Whether you are eligible for a refund or 不 depends on:

  • The number of credits/classes you attend in a semester. Since you are charged by the credit hour, your class schedule determines the cost of tuition and 费用 you are responsible for in the term.
  • The dollar amount of financial aid you are eligible for and have accepted for the current term.

All federal grant and student loan disbursements are applied toward tuition, 费用, and all other direct charges, 第一个. If you have excess funds on your student account after your bill is paid in full, you will receive a refund to you within 14 days after the credit is created.

We encourage you to complete an online refund request form on the Loyola University website 在这里 or from the Account Summary page in LORA for the quickest processing times.

参加洛约拉在线课程的学生不能从大学书店直接向他们的学生账户收取教科书费用.

In some cases, 然而, financial aid refunds can be advanced to students to use to purchase textbooks before classes begin. You can apply for an advance on that refund for up to $300.00 online 在这里.

你必须有资格在一个学期内(见上文)获得经济援助退款,才能提前收到一本书.

在更改课程安排之前,请与我们办公室确认,因为这可能会影响您的资格.

提供给你的联邦经济援助奖励是你有资格获得的,前提是你完成了资助的整个期间.

Students who 下降 在任何学期的加/退期结束之前的课程将不收取任何费用.

The Financial Aid awards for students who 下降 classes are subject to change. 经济援助的奖励取决于你在学期的注册状态,注册状态的变化可能会改变你的经济援助资格.

Students who Withdraw 从加/退期结束日期后的课程开始,负责所有或部分课程的学杂费.

After any course Withdrawals, 经济援助办公室需要计算学生在课堂上花费的时间所获得的经济援助金额. 这种计算可能会导致洛约拉被要求将您在会议或学期中已经收到的联邦财政援助的一部分返还给教育部. This could cause a balance due on your account with Loyola. Please contact financial aid if you have questions.

Find deadlines for 下降s and Withdrawals in the Academic Calendar.

While student loans are a vital piece of many students’ award packages, we strongly encourage all students to borrow responsibly. Here are some sensible borrowing tips:

  • T在这里 are certain dollar limits students may borrow in all Federal Direct Student Loan programs. 确保你有足够的剩余联邦援助资格来支付你项目的剩余部分, 你应该考虑你的项目的剩余费用和你在联邦学生贷款项目中的剩余资格. 我们的财务援助顾问可以帮助您确定这些费用以及如何最大限度地提高您剩余的联邦援助资格.
  • Borrow as little as possible to cover costs, and only borrow what is needed for education-related expenses.
  • 考虑一下你估计的月供,不要借超过你合理偿还能力的钱. Your loan payment should 不 exceed 10 percent of your monthly income.
  • When you take out a student loan, you are entering a binding contract. 拖欠学生贷款会对你的信用产生负面影响,甚至会影响你找工作的能力. If you are unable to afford your monthly loan payment, contact your loan servicer immediately to discuss other repayment options.

接受联邦财政援助的学生必须达到令人满意的学术进步(SAP)标准,以确保成功完成课程,以便继续获得财政援助. Loyola University New Orleans, in accordance with Federal Regulations, 在每学期结束时审查所有学生的学习成绩,以确定每个学生是否满足定性和定量的SAP要求. 未能满足其中一项或两项SAP要求将导致失去获得联邦财政援助的资格. For more details, please review our SAP policy 在这里.