Loyola University Maryland

Office of Financial Aid

Scholarships

Merit-Scholarships Offered by the Office of Undergraduate Admission

All students (first-year, transfer, and international) 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.

Merit-based Scholarships for First-Year Students

Academic scholarships are reserved for entering first-year students and are awarded for four years, provided the student maintains the GPA requirements provided with the award at the time of admission. These scholarships provide financial assistance to students with strong academic ability and achievement and are awarded based on a student's GPA, course selection, and test scores (if submitted). As a test-optional school, SAT/ACT scores are not required for consideration but will be reviewed if provided by the applicant during the admission process.

Presidential Scholarship:

  • Scholarship award range for the 2020-21 academic year: $27,000 - $33,000
  • Retention criteria: Minimum Cumulative Grade Point Average (CGPA): 2.75

Dean's Scholarship:

  • Scholarship award range for the 2020-21 academic year: $18,000 - $24,000
  • Retention criteria: Minimum Cumulative Grade Point Average (CGPA): 2.50

Loyola Scholarship:

  • Scholarship award range for the 2020-21 academic year: $12,000 - $15,000
  • Retention criteria: Minimum Cumulative Grade Point Average (CGPA): 2.50

Merit-based Scholarships for Transfer Students

Transfer Scholarships are awarded on a competitive basis to students with strong academic records. These awards are renewable for up to three academic years of full-time undergraduate study. You will automatically be considered for merit scholarships with your application for transfer admission.

Loyola Transfer Scholarship:

  • Scholarship award range for the 2019-20 academic year: $12,000 - $22,000
  • Retention criteria: Minimum Cumulative Grade Point Average (CGPA): 2.50

Merit-Scholarships Administered by the Office of Financial Aid

Mount Saint Agnes / Sisters of Mercy Scholarship

The Mount Saint Agnes Alumnae Association funds an annual scholarship for high school seniors applying to Loyola University Maryland.  High school seniors who are direct descendants or nieces or nephews of Mount Saint Agnes alumnae are eligible to apply as well as students who are 2020 graduates of a Mercy-affiliated high school.  The scholarship application deadline is March 15, 2020.

Mount Saint Agnes / Sisters of Mercy scholarship application

Marion Burk Knott Scholarship

Named in honor of his wife, the Marion Burk Knott Scholarships are made possible by a generous gift to the Archdiocese of Baltimore from Henry J. Knott, Baltimore businessman and philanthropist. These scholarships are four-year, full-tuition awards available on a competitive basis to Catholic students residing in the Archdiocese of Baltimore. Scholarships are limited to incoming freshmen who, in the judgment of the Scholarship Committee, are most deserving of assistance because of academic merit. Additional consideration is given to students demonstrating financial need. To be considered for a Marion Burk Knott Scholarship, a student must apply for admission to Loyola by Jan. 15.

The Maguire Scholars Program Scholarship

About the Program

The Maguire Foundation will provide "last dollar" scholarship support to students graduating from the listed Philadelphia area high schools for four years of matriculation. Maguire Scholars who are selected by their respective institutions must maintain a minimum cumulative GPA of 3.0 or higher. The student also must be an active participant in his/her school through extra-curricular activities and/or community service.

Eligibility

To be eligible for the Maguire Scholars College Program students must meet the following criteria:

  • Graduate from one of following Philadelphia are high schools (List of High Schools)
  • Earn at least a 3.0 grade point average or equivalent in high school.
  • Complete an online Maguire Scholars Program Application that includes a letter of recommendation from a supervisor of a community service or extracurricular activity.
  • Engage in community service and/or extracurricular activities.
  • Complete the Free Application for Federal Student Aid (FAFSA) at http://fafsa.ed.gov, and include the desired institutions.
  • Qualify for admission at Loyola University Maryland.
  • Demonstrate financial need by having an Expected Family Contribution (EFC) of $0 - $15,000
  • Contribute at least $5,000 per year to tuition, room & board. 
  • Agree to participate in regular Maguire Scholar activities in accordance with university requirements.

Application Guidelines

Students must include the following in their submission:

  • A complete application
  • A complete personal essay*
  • A letter of recommendation*
  • All application materials should be submitted via email to Tosin Akintola, at oaakintola@loyola.edu by March 15, 2020.

*Applicants may use essays and letters of recommendations submitted for the Common Application.

Apply

Endowed / Privately Funded Scholarships

The Office of Financial Aid administers a limited number of endowed and privately-funded scholarships that are awarded to qualified members of the sophomore, junior and senior classes. Members of the senior class are given priority in the evaluation process. Students must have a minimum GPA of 3.00 to be considered for a scholarship and will be evaluated on their academic performance, co-curricular activities, awards and honors, and other criteria as specified by the donor of the endowed fund or the sponsor of the privately-funded scholarship program.  Applicants are normally informed of the Scholarship Committee's decisions during the fall semester.

Students who wish to be considered for a privately-funded or endowed scholarship should complete the General Scholarship Application.  Applicants will need their Loyola University username and password to access the application form.  Information collected on the application will be used by the Scholarship Committee to match students' characteristics and credentials with scholarship selection criteria. By completing this application, students are certifying that the information provided on this form is true and accurate to the best of their knowledge and are also giving Loyola's Office of Financial Aid permission to share this information with private scholarship providers or endowed scholarship donors.

Note: The receipt of a privately-funded or endowed scholarship may result in an adjustment in your current financial aid package. All scholarship awards must be considered an additional resource in meeting a student's demonstrated financial need.  Therefore, it may be necessary to adjust a student's eligibility for Federal Work Study, the Federal Direct Subsidized Stafford Loan, Federal Perkins Loan, Loyola Student Loan, or institutional grant assistance if awarded an endowed or privately-funded scholarship.

Additional Loyola Scholarship Opportunities

CPaMS (Computer Science, Data Science, Physics, and Mathematics Statistics) Scholars Program

Visit the CPaMS website for more details.

Army ROTC Scholarship

The U.S. Army is interested in selecting the best candidates for scholarships and ultimately commissioning as the future officer leadership of the U.S. Army. ROTC scholarships cover full tuition, fees, books and supplies. Recipients also receive a tax-free subsistence allowance each month that the recipient attends classes (up to 10 months each year): $300 freshman year, $350 sophomore year, $450 junior year and $500 senior year. Students who are awarded an ROTC Scholarship in their senior year of high school also receive additional grant assistance funded by Loyola University. This grant is renewed each year a cadet retains eligibility for the ROTC Scholarship.

In addition to the ROTC national scholarship competition (applied for during a student's senior year of high school), students may apply for a three or four year scholarship during their freshman year of college. Sophomores may apply for a two- or three-year scholarship and juniors may apply for a two-year scholarship. Students must be enrolled in a military science class in order to compete for a campus-based scholarship. Campus-based scholarships cover the same expenses as the national scholarships. However, students who are awarded the campus-based scholarship do not qualify for additional grant assistance funded by Loyola University.

The Army ROTC program provides an academically integrated curriculum intended to train college students as officers for the United States Army. Through military science, a student gains pertinent leadership and management skills while earning a college degree. ROTC cadets may pursue any course of study, except Theology.

For additional information, please call or write Loyola's department of military science at:

Department of Military Science
Loyola University Maryland
4501 N. Charles St.
Baltimore, MD 21210-2699
410-617-2276/5179

Visit the Loyola ROTC website.

Maryland State Scholarship and Grant Opportunities (Maryland Residents only)

Maryland Senatorial Scholarship

State senators are allocated an annual scholarship budget which may be awarded to residents of their senatorial district. The amount of the award is determined by the Senator, who considers the results of the student's SAT scores and financial need. The maximum award is $2,000 per year per student. Scholarship candidates who have already completed at least one academic year of college in good standing do not have to take the SAT. Application is made in the same manner as for Educational Assistance Grants. Students should apply by March 1 for the year the award is to begin. Each senator has the option of requiring a personal interview.

More specific information on financial assistance from the State of Maryland is available at www.mhec.state.md.us, 410-676-3300 or 800-974-0203.

Maryland House of Delegates Scholarship

Members of the House of Delegates are allocated an annual scholarship budget which may be awarded to residents of their legislative district. The amount of the award is determined by the delegate, who may select students on any basis. The maximum award for attendance at any Maryland independent college or university may not exceed the value of tuition and fees charged by the University of Maryland, College Park. Application is made directly to your state delegate.

More specific information on financial assistance from the State of Maryland is available at www.mhec.state.md.us, 410-676-3300 or 800-974-0203.

2+2 Transfer Scholarship

The 2+2 Transfer Scholarship helps students transfer from Maryland community colleges to 4-year institutions within the State.

Veterans of Afghanistan and Iraq Conflict (VAIC) Scholarship

Maryland Educational Assistance Grant

Any Maryland high school senior or undergraduate student is eligible to apply for an Educational Assistance Grant. Awards are made by the State Scholarship Administration based upon the student's demonstrated financial need. Grant values range from $400 to $3,000 per year. The award may be applied to the costs of tuition, mandatory fees, or room and board.

Grant recipients must: be legal residents of Maryland, demonstrate financial need, and be accepted for admission as a full-time student (minimum 12 credits per semester) in one of the eligible, degree-granting institutions in the State of Maryland. To be considered, students must submit the Free Application for Federal Student Aid (FAFSA) by March 1.

More specific information on financial assistance from the State of Maryland is available at www.mhec.state.md.us, 410-260-4500 or 800-974-0203.

Maryland Guaranteed Access Grant

Any Maryland high school senior whose annual total family income is below 130 percent of the Federal poverty level is eligible to apply for a Guaranteed Access Grant. Awards are made by the total family income and high school grade point average. The grant value for attendance at Maryland independent colleges and universities is equivalent to the cost of tuition, fees, room and board at the University of Maryland, College Park.

Grant recipients must: be legal residents of Maryland, begin college within one year of completing high school, have successfully completed a college preparatory program and achieved an unweighted grade point average of at least 2.5 on a 4.0 scale, and be accepted for admission as a full-time student (minimum of 12 credits per semester) in one of the eligible degree-granting institutions in the State of Maryland.

To be considered for a Guaranteed Access Grant, students must file the Free Application for Federal Student Aid (FAFSA) by March 1. Students who are eligible will be contacted by the Maryland Higher Education Commission (MHEC) via email with instructions on submitting additional required documents.

More specific information on financial assistance from the State of Maryland is available at www.mhec.state.md.us, 410-260-4500 or 800-974-0203.

Other Privately-Funded Scholarship Opportunities

Here are some common scholarship search engines:

How To Avoid Scholarship Scams

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