Loyola University Chicago

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Loyola University Chicago

JD Admissions

School of Law

Financial Aid

The decision to attend law school is a substantial investment that promises many rewards. At Loyola University Chicago School of Law, we will try to do everything we can to help you secure financial support for your legal education. Financial assistance for School of Law students is available in the form of merit scholarships, fellowships, need-based scholarships, and federal loans.

Please contact the Law Admission and Financial Assistance Office with questions at 312.915.7170 law-financial-aid@luc.edu.

Scholarships: Please contact the Law Admission and Financial Assistance Office with questions regarding scholarships at 312.915.7170 or law-financial-aid@luc.edu.

Loans: Please contact the University Financial Aid Office for loan counseling at 773.508.7704 or lufinaid@luc.edu. A counselor is also available at Water Tower Campus (WTC) on the 8th floor of Lewis Towers Tuesdays and Thursdays for drop-in between the hours of 8:30 am and 5:00 pm.

Summer Financial Aid for JD Students:

Financial assistance for students planning to take summer classes either in Chicago or abroad is available from the following programs, if eligibility requirements are met:

  • Direct Unsubsidized Federal Stafford Loans (available only to students who did not borrow the maximum for the academic year). The academic year maximum for a Direct Unsubsidized Federal Stafford Loan is $20,500.
  • Direct Graduate PLUS loans

The process to borrow a Federal Direct Graduate PLUS loan during the summer is as follows:

  1. The University Financial Aid Office automatically evaluates students enrolled half-time (at least two credit hours) in summer courses. This will be done in April.
  2. Once your summer loan eligibility is posted in LOCUS, you will need to log onto StudentLoans.gov and apply for a Federal Direct Graduate PLUS loan, using your information and PIN.
  3. Once logged in, choose the REQUEST PLUS LOAN option. This will complete a Master Promissory Note (MPN) for new borrowers and start the credit check process for all students.
  4. Loyola will email the results of the credit check when received from the Direct Loan Servicing Center.
  5. It is your responsibility to monitor the emails you receive from the University Financial Aid Office and the loan processor on the status of your loans.
  6. If approved, the Federal Direct Graduate PLUS Loan is added to the financial aid award (Log into Locus at www.luc.edu/locus to VIEW FINANCIAL AID). Funding will be sent to your checking account just prior to the start of the summer session.
  7. If the credit check is not approved, additional information will be provided so you can appeal the credit decision. The Direct Loan Servicing Center can provide more specific information about the decision and the next steps.
  8. If you decide not to attend summer courses, it is your responsibility to drop your classes, so your financial aid will be canceled. 

If you have any questions about the process, please email lufinaifd@luc.edu .  Please remember to include both your name and LOCUS ID number.

Financial assistance for students planning to take summer classes either in Chicago or abroad is available from the following programs, if eligibility requirements are met:

  • Direct Unsubsidized Federal Stafford Loans (available only to students who did not borrow the maximum for the academic year). The academic year maximum for a Direct Unsubsidized Federal Stafford Loan is $20,500.
  • Direct Graduate PLUS loans

The process to borrow a Federal Direct Graduate PLUS loan during the summer is as follows:

  1. The University Financial Aid Office automatically evaluates students enrolled half-time (at least two credit hours) in summer courses. This will be done in April.
  2. Once your summer loan eligibility is posted in LOCUS, you will need to log onto StudentLoans.gov and apply for a Federal Direct Graduate PLUS loan, using your information and PIN.
  3. Once logged in, choose the REQUEST PLUS LOAN option. This will complete a Master Promissory Note (MPN) for new borrowers and start the credit check process for all students.
  4. Loyola will email the results of the credit check when received from the Direct Loan Servicing Center.
  5. It is your responsibility to monitor the emails you receive from the University Financial Aid Office and the loan processor on the status of your loans.
  6. If approved, the Federal Direct Graduate PLUS Loan is added to the financial aid award (Log into Locus at www.luc.edu/locus to VIEW FINANCIAL AID). Funding will be sent to your checking account just prior to the start of the summer session.
  7. If the credit check is not approved, additional information will be provided so you can appeal the credit decision. The Direct Loan Servicing Center can provide more specific information about the decision and the next steps.
  8. If you decide not to attend summer courses, it is your responsibility to drop your classes, so your financial aid will be canceled. 

If you have any questions about the process, please email lufinaifd@luc.edu .  Please remember to include both your name and LOCUS ID number.

Please contact the University Financial Aid Office with any financial aid questions at 773.508.7704 or lufinaid@luc.edu. A counselor is also available at Water Tower Campus (WTC) on the 8th floor of Lewis Towers Tuesdays and Thursdays for drop-in between the hours of 8:30 am and 5:00 pm.

Loyola University Chicago: Law Financial Literacy

This initiative aims to provide students with the tools needed to manage their finances during their time in law school and beyond. We will provide resources and workshops throughout the year.

Free WiseBorrower® Education SeriesWebinars Presented by Access Group

Free Student Debt Webinars Presented By Equal Justice Works 

Loyola

SCHOOL OF LAW OFFICE OF ADMISSIONS & FINANCIAL AID
Philip H. Corboy Law Center · 25 E. Pearson Street Suite 1208 · Chicago, IL 60611 · 312.915.7170

Notice of Non-discriminatory Policy