Application Procedures for Transfer Students
Merit-Based Scholarships
All students are eligible to receive merit-based scholarships, and every student who completes an application for admission is automatically considered for merit scholarship funding. No separate application is required, and you will be notified of your merit scholarship at the time of admission.
Read additional information about merit-based scholarships.
Need-Based Financial Aid
Spring Transfer Applicants
All Spring Admission applicants must complete the following by November 15 in order to receive their Financial Aid decision before the December 15 deposit deadline. Students who submit their FAFSA by the Nov.15 deadline will receive their need-based financial aid package within two business days of their admission decision.
How to Apply
Complete the 2023-24 Free Application for Federal Student Aid (FAFSA)
Complete the FAFSA online. You and your parent must have a FSA ID to electronically sign the FAFSA. Loyola University's FAFSA Code Number is 002078.
The best way to provide accurate income information on the FAFSA is by opting to use
the Internal Revenue Service (IRS) Data Retrieval Tool (DRT). This process allows eligible applicants and parents to automatically transfer 2021
tax return information from the IRS to your FAFSA. It assures accuracy, saves time,
and minimizes processing delays. DRT also significantly reduces the chances of your
FAFSA being selected for verification by the Department of Education (ED) or Loyola.
Students will be notified by both ED and the financial aid office if/when we need
additional documents. Learn more about federal verification.
Fall & Summer Transfer Applicants
Updated as of 4/22/2024
We understand that the financial aid process is a crucial aspect of your college selection journey. The U.S. Department of Education has recently started sending FAFSA data to universities, and we are diligently working to get financial aid packets out to students as soon as possible.
Application Deadlines & Notification Dates
| Priority | Regular | |
|---|---|---|
| Financial Aid Application Deadline | March 15 | July 15 |
| Financial Aid Notification | Rolling | Rolling |
Submit Your FAFSA
If you haven't submitted your FAFSA for the 2024-25 academic year, we encourage you to do so as soon as possible so we can expedite the processing of your financial aid package. Please visit the FAFSA website and indicate Loyola University Maryland as your school of choice using Federal School Code No. 002078. Should you need more time beyond the deposit deadline stated in your admit letter to make an informed decision after receiving your package, simply let us know.
FAFSA Corrections
For those who have already submitted the FAFSA but need to make corrections, the Department of Education has announced that applicants may now make updates to your FAFSA form. Please visit the FAFSA website to access your existing 2024-25 form to make these changes urgently, so we can finalize your financial aid package promptly.
Timing of Official Financial Aid Packages
We are committed to releasing financial aid packages as swiftly as possible to accepted students once we receive your updated FAFSA data. We will notify all students by email as soon as your FAFSA data from the Department of Education has been received and again when your official award is ready to view.
Flexible Enrollment Decision Support
Given the shortened timeframe from when aid packages will be available to your enrollment deposit deadline, Loyola is adopting a flexible stance. We will grant extensions to any student requiring more time to make an informed enrollment decision. You can make your enrollment deposit extension request here.
Support and Communication
Loyola is committed to providing support and clear communication throughout this process. Our financial aid office is closely monitoring developments and is prepared to offer guidance and assistance as needed. If you do not plan to complete the FAFSA, please inform us to adjust our records accordingly.
Next Steps
- Submit or correct your FAFSA: If you have not yet submitted the FAFSA, or need to make corrections, please do so as soon as possible.
- Stay in contact with your personal admission counselor and financial aid counselor for updates and support.
- Check your email regularly for important updates from Loyola.
Thank you for your patience and understanding as we navigate these delays. Loyola University Maryland remains dedicated to assisting you and your family in making informed decisions regarding your financial aid and enrollment.