Loyola University Maryland

Office of Financial Aid

Application Procedures for First-Year Applicants

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2014-15 Academic Year

Merit-Based Scholarships

All applicants for admission will be considered for a merit-based academic scholarship award, provided their application for admission is complete by either the Early Action filing deadline of November 1, 2013 or the Regular Decision filing deadline of January 15, 2014.  A separate scholarship application is not required.

Need-Based Financial Aid

2014-15 Free Application for Federal Student Aid (FAFSA)

Complete the FAFSA online at www.fafsa.ed.gov.  The information collected on this application form is used by all colleges and universities to determine a student's eligibility for need-based forms of federal student aid.  You and your parent must have a Federal Personal Identification Number (PIN) to electronically sign the FAFSA. You many obtain a PIN while completing the FAFSA, or at the Federal PIN website, www.pin.ed.gov. Loyola University's FAFSA Code Number is 002078.  The FAFSA on the Web Worksheet provides a preview of the questions that you may be asked while completing the FAFSA online.

We recommend that you and your parent(s) complete your 2013 Federal Tax Return before completing the FAFSA. If you have not yet completed your return, you can use estimated tax information to submit your FAFSA now, and then correct that information after you and your parent(s) file your tax returns.

The easiest way to complete or correct your FAFSA with accurate tax information is by opting to use the online IRS Data Retrieval Tool. This process allows applicants and parents to retrieve tax data from the IRS tax return and transfer it directly into your FAFSA. If you are unable to use the IRS Data Retrieval Tool on your initial FAFSA application, we strongly encourage its use to update this information after taxes are submitted.  If families are not eligible or ultimately choose not to use the IRS Data Retrieval Tool to update the tax information, the U.S. Department of Education may require us to collect additional documentation, including a certified tax transcript from the IRS.

2014-15 CSS PROFILE Application

Complete the PROFILE online at http://student.collegeboard.org/css-financial-aid-profile.  Loyola's CSS Code Number is 5370.  The information collected on this application form is used by Loyola University to determine a student's eligibility for institutionally funded forms of need-based financial aid. 

CSS Non-Custodial Parent PROFILE

If you indicate on the CSS PROFILE Application that your parents are divorced, separated, or were never married, you non-custodial parent must complete the CSS Non-Custodial PROFILE. You will be sent an email which will contain a link and login instructions for the Non-Custodial PROFILE website. Forward this information to your non-custodial parent.

Social Security Number Requirement

Provide your Social Security number to the office of undergraduate admission. On the Common Application, enter your SSN in the "Profile" section under the "Citizenship" tab. On the Loyola University Maryland Application, enter your SSN in the "Personal Information" section. Your SSN is a primary identifier and is required to assure the accurate electronic transmission of the data you supply on the CSS PROFILE Application and Free Application for Federal Student Aid (FAFSA) to your Loyola University Maryland student record. Your SSN along with all other personally identifiable information included in your student record will not be disclosed by the University without your consent or as allowed by federal and state law. 

Financial Aid Application Filing Deadlines

FAFSA and CSS PROFILE Filing Deadline

Complete the Free Application for Federal Student Aid (FAFSA) and the PROFILE Application no later than February 15, 2014.

Parents' and Student's 2013 Federal Tax Returns

Your 2013 Federal Tax Return and your parents’ 2013 Federal Tax Return information will be used to verify the financial information reported on the FAFSA and PROFILE. Loyola participates in the College Board’s Institutional Documentation Service (IDOC) to collect parent and student tax return forms. After you file the PROFILE Application, the College Board will send you complete instructions for submitting your Federal Tax Return forms. Submit your tax return information to the College Board's Institutional Documentation Service no later than March 5, 2014.

Procedures for submitting your tax return information to the College Board.

Federal Verification Process

Federal verification is a process required by the U.S. Department of Education to verify the accuracy of the information parents and students submit on the FAFSA.  Learn more about federal verification.

Financial Aid Eligibility Notification Dates

Merit-Based Scholarships

Students who are accepted for admission under the Early Action program will be notified no later than January 15, 2014; students who are accepted for admission under the Regular Decision program will be notified no later than April 1, 2014.

Need-Based Financial Aid

Students who are accepted for admission under the Early Action program and who meet the February 15, 2014 need-based aid filing deadline will be notified no later than March 15, 2014; students who are accepted  for admission under the Regular Decision program and who meet the February 15, 2014 need-based aid filing deadline will be notified no later than April 10, 2014.

Need-based financial aid decisions are subject to revision based on the receipt of 2013 Federal Tax Return information and the completion of the verification process.

If you require assistance or additional information, please contact the Office of Financial Aid, 410-617-2576, 800-221-9107, fax 410-617-5149 or email financialaid@loyola.edu.