This website uses cookies to ensure you get the best experience on our website. By continuing to use this website, you consent to our use of these cookies.
A Jesuit College Preparatory Experience
Admissions

Tuition & Financial Aid

A high quality Jesuit education can be yours

It is Loyola’s mission to promote and maintain a diverse student body, composed of young women and men from a wide range of cultural, ethnic and socioeconomic backgrounds. Our financial aid program is an important part of that mission, making our college preparatory education available to a more diverse student population than ever before. Financial aid is awarded to qualified students on the basis of financial need and is offered in the form of a grant. Financial aid awards are for one year and recipients must reapply annually.

If you have any questions or would like additional information, please contact

List of 1 members.

  • Photo of Julia Biasco

    Ms. Julia Biasco 

    Director of Tuition and Financial Aid
    (847) 920-2427

Financial Aid Statistics

List of 3 items.

  • $4.3 M

    Need based financial grants
    awarded in the 2019–20 academy year

  • $8,670

    Average financial aid award


  • 26%

    Percentage of student population
    receiving need based financial assistance

Financial Aid Process

List of 3 items.

  • How to Apply

    Two applications are required to apply for financial aid:
    1. Smart Aid application—our outside financial aid service, visit smartaidforparents.com to create an account and complete your application online. There is a $20 application fee.
    2. Loyola Academy application—download and complete the application. Submit application to the Loyola Academy Tuition Office.
  • Required Documents

    The following documents must be submitted to both Smart Aid and Loyola Academy:
    1. 2019 W-2 forms
    2. 2019 federal tax returns
  • Key Dates for the 2020—21 Academic Year

    • December 7, 2019—Financial Aid applications forms available for the Class of 2024.
    • January 10, 2020—Both applications and supporting documents due to Smart Aid and Loyola Academy. for the Class of 2024.
    • February 24, 2020—Financial Aid application forms available for all students.
    • April 24, 2020—Both applications and supporting documents due to Smart Aid and Loyola Academy.
    • June 1, 2020—Financial Aid Award Letters mailed.
    • June 15, 2020—Deadline for financial aid award appeals.

Illinois Tax Credit Scholarship

Families that meet the criteria, must also complete the Illinois Tax Credit Scholarship application available through Empower Illinois. Additional information is available here.

Tuition for the 2019–20 year is $17,275.

List of 1 items.

  • Tuition Policy

    As a private school, Loyola Academy relies extensively on tuition to fund its operations. Consequently, it is essential that those responsible for paying a student’s tuition do so on a timely basis in accordance with their selected tuition payment plan.

    If, after selecting a payment plan, a parent or guardian encounters unanticipated financial difficulty, it is the parent’s or guardian’s responsibility to notify the Business Office as soon as possible to discuss an alternative payment plan.

Loyola Academy offers 4 payment plans:

List of 4 items.

  • Annual

    1 Installment
    • $17,275 due July 15
  • Semi Annual

    2 installments
    • $8,637.50 due on July 15
    • $8,637.50 due on January 15
  • Quarterly

    4 installments
    • $4,318.75 due on July 15
    • $4,318.75 due on October 15
    • $4,318.75 due on January 15
    • $4,318.75 due on April 15
  • Monthly

    10 installments
    • $1,727.50 due on July 15
    • $1,727.50 due on August 15
    • $1,727.50 due on September 15
    • $1,727.50 due on October 15
    • $1,727.50 due on November 15
    • $1,727.50 due on December 15
    • $1,727.50 due on January 15
    • $1,727.50 due on February 15
    • $1,727.50 due on March 15
    • $1,727.50 due on April 15

Tuition Fees

List of 6 items.

Our Mission

To form women and men for meaningful lives of leadership and service in imitation of Jesus Christ through a college preparatory education in the Jesuit, Catholic tradition.
Loyola Academy admits students of any race, color and national origin or ethnic origin.