<p>My D3 was an ED acceptance and a scholarship recipient, and we are now anxiously awaiting the Financial Aid package to see if the number make sense. For me, I still love this college for my daughter...numbers make a difference today as we will have two undergraduates in private colleges next year! </p>
<p>Has anyone received a Financial Aid package yet? They are supposed to be out by tomorrow...</p>
<p>Loyola Parents page under “News” - Early Action financial aid packages were mailed on March 15. Regular Decision financial aid packages will be mailed by April 10. </p>
<p>dani123 - you should’ve just opened it then resealed it with glue! not that i ever did that!!
nobody seems to notice in this house, and if they do, they just blame it on the post office!</p>
<p>Unfortunately, it doesn’t appear my S will be attending Loyola! Our EFC was about 10K and they offered a small grant and 45K in loans. We don’t want to owe almost 200k in loans when he graduates - not an option! Loyola is a beautiful school, though, and best of luck to all who are able to attend.</p>
<p>Just got son’s FA package. Son got Presidential, small grant and a lot of loans as well, even their own student loan. I wonder if loans are their standard package or are others getting more in grants?</p>
<p>No grants here, all loans. I think we’re getting killed by schools that use the CSS profile since that factors in home equity, which we have a decent amount of. Waiting for packages from a couple of other schools, and then we’ll sit down with S and sort it out and see how much debt we expect him to be responsible for and let him factor that into his decision.</p>
<p>D3 received her package today…very, very impressive. Superior to Providence, Fordham and Duquesne…by a significant amount. Still, D3 is waiting to hear back from three top schools…Georgetown, Villanova and GW. All in all, Loyola has been the most impressive of all the colleges we have dealt with.</p>
<p>Brian, curious as to what your D was offered. I will have two in college next year as well & Loyola’s package was not what we expected. They did not meet our EFC at all. $8000 in loans, $14000 scholarship/grant. That leaves us with $29000 to pay with another college tuition on top of that. Ridiculous. Are you a homeowner? I wonder if home equity made the difference.</p>
<p>Just read through their financial aid book. TriciaC is correct. They factor in home equity which means most people in the northeast are screwed. I guess they expect us to be paying off our homes until we’re in our 80’s.</p>
<p>I am a homeowner…D2 at Wake Forest, D3 will be a freshman next year. Their total package was >$33,000…with a Presidential Scholarship and significant grant. That is right on what my EFC was slated to be. From beginning to end, from first package to aid offer, this is a very classy and intelligent college. D1 went to BC, and they could not dream of being as decent and committed as Loyola has been to us. Personally, I deeply want my D3 to attend there…but she is still big on Villanova and has a strong chance for Georgetown. If I were deciding, she’d be heading to Baltimore…but I’ve already been and graduated. This is her life, and her decision.</p>
<p>We received financial aid package this week. Other than merit scholarship ($18,750), the rest was all loans! This puts this school as the most expensive on the list, but fairly close to some others. Cost is not going to end up being a deciding factor because the offers are too close.</p>
<p>Fordham is the most expensive for us, followed by Loyola & an OOS U, which is almost identical to Loyola in cost for us (because of L’s merit scol.). Then our own state U. Others, waiting to hear. </p>
<p>You are right about homeowners in NE states being screwed. But, we knew it would happen.</p>