2017 -18 Academic Year
2017-18 PROFILE Application
File the 2017-18 PROFILE Application online. The College Board Web site is https://profile.collegeboard.org. Loyola University's CSS Code Number is 5370. CSS/PROFILE Customer Support can be reached at 844-202-0524 or the College Board's contact us page.
If you indicate on the CSS PROFILE Application that your parents are divorced, separated, or were never married, your non-custodial parent must complete the PROFILE Application. During the PROFILE application process, you will be given the option to request an instructional email which you may forward to your non-custodial parent. Your parent will complete the application at https://student.collegeboard.org/css-financial-aid-profile
2017-18 Free Application for Federal Student Aid (FAFSA)
Complete the 2017-18 FAFSA online using your FSA ID. The FAFSA website is www.fafsa.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.
(Students who did not file a FAFSA for the 2016-17 academic year.)
Create a FSA ID. Parents should also create a FSA ID. Once created, the FSA ID allows access to the applicant's data in several Federal Student Aid systems and also serves as that person's electronic signature. After creating your FSA ID, file the 2017-18 FAFSA online. The FAFSA website is www.fafsa.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.
When completing the FAFSA, select the IRS Data Retrieval Tool (DRT) to transfer tax return information to your application. This process will allow your FAFSA to be processed using accurate tax return information preventing the need for corrections at a later date.
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 will require us to collect additional documentation, including a certified tax transcript that must be obtained from the IRS.
Parents' and Student's 2015 Federal Tax Returns
Your 2015 Federal Tax Return and your parents' 2015 Federal Tax return information will be used to verify the financial information reported on the FAFSA and PROFILE applications. 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 April 30, 2017.
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 the federal verification process here.
Financial Aid Application Deadlines
Complete the PROFILE online at https://profile.collegeboard.org by April 1, 2017.
Free Application for Federal Student Aid (FAFSA)
Complete the FAFSA online at www.fafsa.ed.gov by April 1, 2017. Maryland residents must have filed the FAFSA by March 1, 2017 to be considered for Maryland State Grant Assistance.
It is extremely important that you and your parents adhere to the financial aid application filing deadlines listed above. The funds available through the federal campus-based student aid programs and Loyola's institutionally-funded need-based grant programs are limited. Therefore, if you do not meet the filing deadlines, you risk being placed on a financial aid waiting list.
Financial Aid Eligibility Notification
Transfer student applicants who are accepted for the 2017-2018 academic year will be notified of their eligibility for need-based financial aid on a rolling basis beginning in May, 2017.