Applying for Financial Aid

We review all financial aid requests in January and February. New applicant families are notified of the Financial Aid Committee decision with the admission decision notification in mid-February. Returning families are notified at the time of mailing of the re-enrollment contract.

To apply for financial aid, check out our Step by Step Guide.

Check out our Frequently Asked Questions for more information.

View our Financial Aid Brochure online.

 

The Financial Aid application for the 2016-2017 school year is now available.

Please visit FACTS to begin your application on or after November 1, 2015. The deadline for submitting your financial aid application and 2014 tax forms is January 2, 2016. Please refer to the calendar for other important dates related to financial aid.

 

Applying for Financial Aid

 

Step 1

Log on to the FACTS website at online.factsmgt.com/aid

 

Step 2

Complete the Financial Aid Application

Step 3

Provide supporting documentation

2014 Federal Tax Returns and 2015 W2s must be uploaded. Please see the Financial Aid Calendar for deadlines.

Step 4

Submit your application

 

Frequently Asked Questions

 

Will applying for financial aid affect my acceptance?

No. The financial aid award process is independent of the admissions review and acceptance process.

 

Do I need to complete a separate application for each child?

No. Only one application needs to be completed. List each child applying for aid as a separate applicant.

If I am divorced, who fills out the financial aid application?

Each parent is required to fill out his or her own financial aid application. If a parent is remarried, the application should include financial information of the new spouse. If this is incomplete, Loyola reserves the right to give a lesser award or no award.

Is there a cost to submit a financial aid application?

Yes. A $28 fee is required in order to submit the 2016-2017 application.

Do I need to apply for financial aid each year?

Yes. Families receiving need-based aid must submit a new application and update their tax information each year.

I can't upload my tax documents. What should I do?

Please call FACTS at 866-441-4637 for assistance, or tax returns can be faxed to FACTS at 866-315-9264.

If my application is not complete by January 2nd, will we still receive financial aid?

Families may submit an application after January 2nd. However, preference is given to those families submitting by the deadline.

Is there an income cut-off for financial aid?

No. Income is the primary factor used to determine need-based aid; however, other factors are also taken into account including household size, the number of dependents in tuition-paying schools, and net worth.

Does Loyola Blakefield fund my entire financial need?

No. Loyola Blakefield's financial aid philosophy is to balance the funding of a family's unmet need with an equitable distribution of available aid among applying families. Therefore, Loyola only funds part of most families' unmet need.