Application Procedures for Continuing Students

2012-2013 Academic Year

Students currently receiving assistance (or who wish to apply for assistance) under the Federal Student Aid Programs (Pell Grant, Supplemental Grant, Perkins Loan, Direct Stafford Loan, Parent Loan, Work-Study), the Maryland Educational Assistance Grant and Guaranteed Access Grant Programs, or the Loyola Grant and Claver Grant Programs must follow the application procedures listed below, since these awards are based on financial need which must be demonstrated each year.

2012-13 PROFILE Application

Renewal and New Applicants: Register online for the 2012-13 PROFILE Application and then file the 2012-13 PROFILE Application online. The College Board Web site is www.collegeboard.com.  Loyola University's CSS Code Number is 5370. See the CSS PROFILE Student Guide.

2012-13 Free Application for Federal Student Aid (FAFSA)

Renewal Applicants: Complete the FAFSA online using your Federal Personal Identification Number (PIN). The FAFSA Web site is www.fafsa.ed.gov. Loyola University's FAFSA Code Number is 002078. If you have lost your PIN, or need to request a new PIN, you may do so by accessing the Federal PIN Web site at www.pin.ed.gov. 

New Applicants: (Students who did not apply for financial aid for the 2011-12 academic year): Obtain a Federal Personal Identification Number (PIN) at the Federal PIN Web site, www.pin.ed.gov. Parents should also obtain a Federal PIN. Once created, the Federal PIN allows access to the applicant's data in several Federal Student Aid systems and also serves as that person's electronic signature. After receiving your Federal PIN, file the 2012-13 FAFSA online. The FAFSA Web site is www.fafsa.ed.gov. Loyola University's FAFSA Code Number is 002078.

We recommend that you complete your 2011 taxes 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 file your tax return.

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 that you would need to obtain from the IRS.

2012-2013 FAFSA on the Web Worksheet

Maryland Residents: apply for Maryland State Grant assistance by completing the 2012-13 FAFSA by March 1, 2012.

Parents' and Student's 2011 Federal Tax Returns: Learn the procedures for submitting your 2011 Federal Tax Return information to the College Board's Institutional Documentation Service (IDOC).

Students receiving financial aid which consists entirely of four-year renewable scholarships (Presidential Scholarships, Claver Scholarships, Athletic Grants) are not required to file the Free Application for Federal Student Aid or the PROFILE Application. These awards will be automatically renewed if the scholarship retention requirements have been met as outlined in your original scholarship award notification letter.

Financial Aid Application Deadlines

PROFILE Application: Complete the PROFILE online at http://www.collegeboard.com no later than March 15, 2012.

Free Application for Federal Student Aid (FAFSA): Complete the FAFSA online at www.fafsa.ed.gov no later than March 15, 2012. (Maryland residents should file the FAFSA by March 1, 2012.)

Parents' and Student's 2011 Federal Tax Returns: The deadline for submitting your tax return information to the College Board is April 15, 2012. Learn the procedures for submitting your tax return information.

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

Financial aid awards for enrolled students will be available for viewing via "WebAdvisor for Students" during early June 2012, after the verification process has been completed and cumulative grade point averages for the 2011-12 academic year are available.