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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

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  • Photo of Julia Biasco

    Ms. Julia Biasco 

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

Financial Aid Statistics

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  • $5.5 M

    Need based financial grants
    awarded in the 2022–23 academic year
  • $9,000

    Average financial aid award for 2022–23
  • 31%

    Percentage of student population
    receiving need based financial assistance in 2022–23

Financial Aid Process for the 2023-24 Academic Year

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  • How to Apply

    Two applications are required to apply for financial aid:
    1. Blackbaud Financial Aid Management (formerly Smart Aid) application—our outside financial aid service, visit Blackbaud Financial Aid Management 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

    For the Class of 2027: to receive a tentative award amount, the following documents must be submitted to both Blackbaud Financial Aid Management and Loyola Academy by January 6, 2023:
    1. 2021 W-2 forms
    2. 2021 federal tax returns
     
    The following documents are required for ALL classes to receive a final financial aid award letter:
    1. 2022 W-2 forms
    2. 2022 federal tax returns
    Note, for the Class of 2027, awards are not finalized until the applicant's 2022 W-2 forms and 2022 federal tax returns are submitted.
  • Key Dates

    • December 3, 2022—Financial Aid applications forms available for the Class of 2027. Please note, students must test at Loyola Academy on December 3 to be considered for financial aid.
    • January 6, 2023—Both applications and supporting documents due to Blackbaud Financial Aid Management and Loyola Academy for the Class of 2027.
    • February 20, 2023—Financial Aid application forms available for all students.
    • April 24, 2023—Both applications and supporting documents due to Blackbaud Financial Aid Management and Loyola Academy.*
    • June 1, 2023—Financial Aid Award Letters mailed.
    • June 15, 2023—Deadline for financial aid award appeals.
    Please note, Loyola Academy has a limited financial aid budget. Applications and required forms submitted after the deadline dates will not be processed.

Illinois Tax Credit Scholarship

Families that meet the criteria, must also complete the Illinois Tax Credit Scholarship application available through Empower Illinois. The Empower Illinois 2022–23 reservation form for the Illinois Tax Credit Scholarship will be available beginning January 12, 2022 at 6:30 p.m. (allowing families to enter their information before submission begins at 7:00 p.m.) Additional information is available here.

Merit Scholarships

A merit scholarship is a financial award students receive based on specific criteria. Merit scholarships are not based on a family's demonstrated financial need. To receive a merit-based scholarship, applicants must take the Loyola Academy entrance exam (Loyola administers the High School Placement Test). Additional information is available here.

Tuition for the 2022–23 year is $18,350

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  • 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.
    Read More

Loyola Academy offers 4 payment plans for the 2022–23 academic year:

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  • Annual

    1 Installment
    • $18,350 due July 15
  • Semi Annual

    2 installments
    • $9,175 due on July 15
    • $9,175 due on January 15
  • Quarterly

    4 installments
    • $4,587.50 due on July 15
    • $4,587.50 due on October 15
    • $4,587.50 due on January 15
    • $4,587.50 due on April 15
  • Monthly

    10 installments
    • $1,835 due on July 15
    • $1,835 due on August 15
    • $1,835 due on September 15
    • $1,835 due on October 15
    • $1,835 due on November 15
    • $1,835 due on December 15
    • $1,835 due on January 15
    • $1,835 due on February 15
    • $1,835 due on March 15
    • $1,835 due on April 15

Tuition Fees for the 2022–23 academic year:

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Loyola Academy

1100 Laramie Avenue, Wilmette, Illinois 60091-1089  |  847-256-1100
Loyola Academy admits students of any race, color and national origin or ethnic origin.
© Copyright 2020 Loyola Academy