Financial Aid and Payment Information for Cohorts

Financial Aid

Federal Direct Unsubsidized Stafford Loan Program

This loan allows all students regardless of federal financial aid eligibility and who are enrolled for at least 6 credits per term (Fall and Spring) or 3 credits (Summer) to borrow up to $20,500 per academic grade level. Learn more about the Federal Direct Unsubsidized Stafford Loan Program.

Maryland State Scholarships

To be considered for a Maryland state scholarship you must file the FAFSA (Free Application for Federal Student Aid) no later than March 1.

Federal TEACH Grant Program

Current legislation has identified the following as meeting the definition of a high-need subject area for the TEACH grant program: Bilingual Education and English Language Acquisition; Foreign Language; Mathematics; Reading Specialist; Science; and Special Education.

*Teaching English Language Learners Certificate is not considered an eligible program for the TEACH grant.

If you are interested in applying for the Federal TEACH Grant and would like to set up a phone appointment, please contact Danielle Ballantyne, associate director of graduate admission and financial aid, at dballantyne@loyola.edu.

Questions?

Contact the office of graduate financial aid at gradfinancialaid@loyola.edu or 410-617-5020.

Payment Options

Students in the off-campus programs at Loyola University Maryland can choose from a variety of payment options, including financial aid, an interest-free payment plan through Tuition Management Systems, or a combination of these options.

Make a Full Payment

Full payment can be made through WebAdvisor by logging into your inside.loyola.edu homepage. Click on "Financial Information" on the right side of the page under WebAdvisor. Click "view account & make payments." Please note all credit card payments incur a non-refundable 2.5% convenience fee. You do have the option of paying with e-check online free of charge.

Enroll in a Payment Plan

Loyola University Maryland offers payment plans through Tuition Management Systems (TMS). A payment plan allows you to make monthly payments, interest free, in order to spread your tuition payments over a period of several months.

  1. To enroll in a payment plan, visit the TMS website at https://loyola.afford.com. In the “Payment Plans” box, select the appropriate academic year and Loyola University Maryland Graduate from the drop-down menu provided. Click “Enroll.” Students enrolling in the fall term will have the option to break their tuition bill for the first semester of coursework into 4 monthly payments due August 15 through November 15. Students enrolling in the spring term can break up tuition into 4 monthly payments due December 15 through March 15. TMS offers a 3 month payment plan for the summer beginning May 15 through July 15. For TMS Payment Plan enrollment questions, please contact TMS at 1-800-722-4867.
  2. Enter the Amount you want to Budget with TMS and your Personal Information. Students have the option of budgeting the entire balance due to Loyola through the payment plan. They can also pay a portion of the amount due directly to Loyola and break up the remaining balance into the 4-month or 3-month payment plan (depending on the semester you are enrolling). Please note, graduate payment plans have an enrollment fee of $40 per semester and it is due at the time of enrollment into the payment plan. Students have the option to receive monthly bills from TMS either in the mail or with an e-bill.
  3. To make tution payments according to your chosen Payment Plan, please go to https://loyola.afford.com/. Payments can made via electronic debit from your checking or savings account, or by credit card. If you cannot make a payment electronically, you can mail a check directly to TMS, but be sure to mail your payments at least 5 days prior to your due date to avoid a $40 late fee.

Questions?

For questions pertaining to establishing the payment plan through TMS and TMS acceptable methods of payment, please contact TMS at 1-800-722-4867.  Please note, TMS does not have access to any student account billing information.

For student account billing information, please contact Latonia Butler Clark at 410-617-5048 or ldbutlerclark@loyola.edu.

Tuition Reimbursement

We will work with students who receive tuition reimbursement from their employers. Students are encouraged to contact their Human Resources to learn more about their tuition reimbursement. Most reimbursement policies require the student to pay Loyola in full prior to any eligibility for reimbursement. Loyola University Maryland does not participate in Direct Billing agreements for tuition reimbursement. We will provide a detailed receipt for the students to submit to their employer for reimbursement. Please email Latonia Butler-Clark at ldbutlerclark@loyola.edu. For all, please be sure to include your student ID and the term for the detailed receipt request.