Loyola chicago-FinAid

<p>Does loyola chicago offer good need-based aid other than the pell/acg grants available? Especially for transfers</p>

<p>Not especially. Make sure you apply to other schools as well.</p>

<p>Often the size of a school’s endowment is a good indication of the level of aid they can provide outside of federal aid/loans. Many (most?) privates don’t have the endowments to meet need and/or give additional aid (other than fed aid/loans)</p>

<p>BTW…</p>

<p>What are your stats? Are they high enough for merit money at some schools?</p>

<p>Do you know what your family’s EFC is? If not, try an online calculator. [FinAid</a> | Calculators | Expected Family Contribution (EFC) and Financial Aid](<a href=“http://www.finaid.org/calculators/finaidestimate.phtml]FinAid”>http://www.finaid.org/calculators/finaidestimate.phtml)</p>

<p>Once you have an estimated EFC, you need to find out if your parents can pay their EFC. That can be another issue.</p>

<p>Since I am at depaul and we run off a 3-qtr year that ends in June I will not know my gpa until the end of the year. However, I have a feeling it will be around 3.5-3.7</p>

<p>My family efc from last year was around 3400 which I know is good since depaul ended up giving me full ride on tuition. </p>

<p>Are there other schools that would give me alot of need-based aid and that are attainable for admission?</p>

<p>It could be a problem that you will be a transfer student. The best FA packages are sometimes given to incoming freshmen to get the best incoming freshmen class (cuz that can affect a school’s ranking).</p>

<p>Are you saying that DePaul has given you a grant that covers all of your tuition? Is that including all of your federal aid? What else was in their FA package. How are you paying for your room, board, and books?</p>

<p>If you want to go to a private school (like DePaul or Loyola) then likely DePaul will be your best bet because they have a mission to try to meet the needs of poorer students. That is part of their Vincentian mission.</p>

<p>If you’re trying to avoid loans, then probably an instate public would be better at this point.</p>