Tuition, Fees, and Financial Aid Overview

Tuition and fees as well as revenues produced by the university endowment and with funds raised through the annual support program from alumni, friends, faculty, staff, foundations, and corporations provide for the actual cost of operating the College of Law.

Applicants for admission to the College of Law and students who need assistance in paying for their education are encouraged to apply for financial aid. Forms may be obtained from the Office of Scholarships and Financial Aid.

Because of the uncertainty of the economy and budgetary projections, Loyola University reserves the right to change tuition, fees, or other charges printed herein. The rates for 2011-2012 are listed below:

Tuition

New students and continuing students $1,241 per cr. hr.

Fees

For Beginning Students

  • Application Fee (nonrefundable) $40
  • Acceptance deposit (nonrefundable, applicable to tuition) $500
    • ($150 due by April 1, nonrefundable, if accepted by March 15)
    • ($350 due by May 1, refundable only until June 1)
  • Student Bar Association Fee $150

For All Students

Full-time ( 9 hours or more)    Part-time (under 9 hours)
  • Student Center Fee
    Fall and Spring $113/sem.
    Summer Session $56.50
  • Student Government Association Fee
    Fall and Spring $50/sem.
  • Publications Fee
    Fall $20/year
  • Athletic Fee
    Fall and Spring $120/sem.
  • Information Technology Fee 
    Fall and Spring $225/sem

 

Other Fees (Apply to Full + Part Time):

  • Graduation Fee $250
  • Contingent Fees
    Late payment $250
  • Student Health Insurance
    (cost varies) $1,188/year
  • Student Center Fee
    Fall and Spring $56.50/sem.
    Summer Session $56.50/sem
  • Student Government Association Fee
    Fall and Spring $25/sem.
  • Publications Fee
    Fall $20/year
  • Athletic Fee
    Fall and Spring $60/sem.
  • Information Technology Fee
    Fall and Spring $112.50/sem

Students are encouraged to make payments via our online payment system through their LORA (Loyola Online Records Access) Account Summary at https://lorasec.loyno.edu/.  Payment may also be made by check or money order made payable to Loyola University with the bill remittance stub. Students not wishing to have their social security number or campus-wide identification number placed on their payment should contact the Office of the Bursar for available alternative options. Cash transactions are discouraged. A charge of $30 will be assessed for each check returned from the bank. VISA and MasterCard charges greater than $50 will be accepted as payment on the tuition account.

All students accepted by the College of Law for the first time who wish to be assured a place in the first-year class must, after notification of acceptance, make the application deposit listed in the above schedule.

Residence Halls

Unavailable for 2011-2012 for any graduate students.

Meal Plans (Board)

Loyola Dining Services offers several meal plan options that offer a combination of all-you-can-eat meals and the declining balance dollars, known as Wolf Bucks. The all-you-can-eat meals include breakfast, lunch, and dinners. Wolf Bucks are used for snacks, and late night dining. Additional Wolf Bucks may be purchased in $100 increments. All students living in the residence halls are required to participate in a meal plan.

Weekly Plans: Any 19, 15, or 12 all-you-can-eat meals each week.

19 meals per week (includes $125 in WolfBucks) $2,232 per sem.
15 meals per week (includes $400 in WolfBucks) $2,142 per sem.
12 meals per week (includes $660 in WolfBucks) $2,040 per sem.

Semester Plans: Any 50, 75, or 100 all-you-can-eat meals each semester in any combination and at any point in time. The semester plan includes $500 Wolf Bucks per semester.

50 meals per semester (includes $500 in WolfBucks) $  930 per sem.
75 meals per semester (includes $500 in WolfBucks) $1,103 per sem.
100 meals per semester (includes $500 in WolfBucks) $1,297 per sem.

Wolf Bucks Only: Students may select from four plans that provide only Wolf Bucks.  These plans may be purchased for their actual value of $500, $750, $1500 or $2000.

Combination Plan:  Any 9 all-you-can-eat meals each week, plus any 75 all-you-can-eat meals each semester, plus $600 in Wolf Bucks.

Combo Plan $2,227 per sem.

For more information about our meal plans, please visit our website at www.loyno.edu/dining.

Loyola Express Card

A Loyola student identification card, known as the Loyola Express Card, is much more than just an identification card. It is a fast, safe, convenient, and economical way to make purchases all over campus. You simply deposit money into your Express Card account, and then purchases made are deducted from your balance. It has proven to be an excellent method to pre-plan and monitor expenditures.

As long as you have money in your Express Card account, you will be able to make purchases all over campus without carrying cash, checks, or change. Deposits may be made in the Office of the Bursar, located in Marquette Hall, Room 270, who can be reached by phone at (504) 865-2388. All campus food services locations, Loyola Bookstore, Central Reproduction, the Convenience Store, Dunbar's, Student Health Services, Student Government Association, and residence hall laundry machines all accept the Loyola Express Card.

Funds deposited to the Loyola Express Card carry over from one semester to the next until spent. Balances in excess of $10 in a Loyola Express Card account will be refunded only if a member officially severs ties with the university by graduating, transferring, or otherwise leaving the university. Refund forms may be completed with the Office of Student Finance and must be accompanied by written proof of separation unless you are graduating. Refunds will be applied first to any outstanding university debt, with remaining funds issued, by check, to the student.

Billing and Payment Policy

Incoming students and returning students who have preregistered are mailed a bill for tuition, fees, residence hall charges, and board plans prior to the beginning of the semester. All payments are due 30 days from the billing date unless other arrangements have been made. Accounts not paid by the due date will be placed in a past due status.

Students who are not early registrants, students taking special program courses or continuing education courses, and all international students must pay in full at the time of registration.

A late fee of $250 will be assessed on accounts in past due status. If a bill is not received or if an adjustment should be made to the bill, the student should contact the Office of Student Finance so that payment can be made by the deadline. Students who have not met their financial obligations or made appropriate arrangements through the Office of Student Finance have not officially completed registration and may be subject to removal from enrollment and will not be allowed to register for subsequent semesters. Students whose checks are returned from the bank as unpaid also may be subject to removal from enrollment.

Loyola will withhold statements of honorable dismissal, transcripts, the diploma, and all other reports or materials until all indebtedness to the university has been paid or until satisfactory arrangements have been made with the vice president for finance and administration. Students are not allowed to enroll for subsequent semesters as long as prior financial indebtedness has not been satisfied. It is also the policy of Loyola to withhold transcripts, registration, and diplomas on any student who has defaulted on a Guaranteed Student Loan, Stafford Loan, Direct Loan, Perkins Loan, NDSL, Nursing or other student loan. In the event that the delinquent account is placed with an outside agency for collection, all collection costs, attorney fees, and court costs incurred will be passed on to the student.

Monthly Payments

Although Loyola has no monthly payment plan of its own, students may subscribe to one of two plans offered by outside companies.

TuitionPay by Sallie Mae and Tuition Management Systems, Inc. offer families several monthly payment options to help make education expenses more affordable. The Interest-free Monthly Payment Option enables families to spread all or part of the annual tuition, fees, residence hall charges, and board plans over equal, monthly payments. There are no interest charges, only a small annual fee. Please contact the Office of Student Finance at (504) 865-3337, or visit our website at http://www.loyno.edu/studentfinance/monthlybudgetplans.html for more information on these programs.

Refund Policy

A student who withdraws from a course before the end of the term may be entitled to a refund of a percentage of the tuition charged for that course. The university’s general policy on refunds is described below. Federal statute requires an alternate calculation for recipients of federal Title IV financial assistance, and it is described as well.

TUITION—Students who withdraw from the university or from a course may be entitled to a refund of a percentage of their tuition. Students who withdraw must return a completed withdrawal form to the Office of Student Records. Mere cessation of attendance does not constitute withdrawal. The date of receipt of the withdrawal notice by the Office of Student Records will determine the amount of tuition refund. Refunds are a percentage of the tuition payable in the semester in which the student withdraws, not a percentage of the total amount billed. Only tuition is refundable. No refunds are made when a student is suspended or dismissed for academic, disciplinary, or financial reasons. Tuition refunds are made for the fall and spring semesters on the following basis:

  1. If formal notice is received within two weeks after the beginning of the semester, a refund of 100 percent of tuition is made.
  2. If formal notice is received within five weeks after the beginning of the semester, a refund of 50 percent of tuition is made.
  3. If formal notice is received within nine weeks after the beginning of the semester, a refund of 25 percent of tuition is made.
  4. No refunds are allowed after the ninth week of classes.
  5. Since summer sessions vary in length, please refer to the academic calendar for summer refund deadlines.

Students forced to withdraw for medical reasons should consult the Academic Regulations section of this bulletin for the university’s policy on medical withdrawals.

ROOM—Students who withdraw from the university for any reason are not entitled to any refund on the cost of their room.
MEALS—Students who withdraw from the university may receive a refund on the meal plan, prorated to the date of withdrawal. However, no refunds will be granted after the last day for refunds according to the academic calendar (last day for 25 percent refund). These refunds must be approved by the Office of Residential Life.

Tuition Refund Insurance

An elective medical withdrawal insurance plan administered by A.W.G. Dewar, Inc. is offered to full-time students. This insurance provides a refund of 75 percent of tuition in the event the covered student is forced to withdraw due to illness or accident. The insurance reimburses the insured for the remaining tuition not refunded by the university’s refund policy described above.

Enrollment forms and descriptive materials are mailed to the student in mid-summer prior to the start of the academic year. More information may be obtained from the Office of Student Affairs.

Refund/Repayment of Title IV Financial Aid Funds

Loyola follows the requirements mandated by the Department of Education for the treatment of Title IV funds when a student withdraws. These requirements were added to the law by the Higher Education Amendments of 1998 (Public Law 105 – 244) and are found in section 484B of the Higher Education Act of 1965, as amended, and in the implementing final regulations published on November 1, 1999 (64 FR 59016).

A repayment to the federal aid programs (Perkins Loan and Direct Loan programs) may be required when cash has been disbursed to a student from financial aid funds in excess of the amount of aid the student earned during the term. The amount of Title IV aid earned is determined by multiplying the total Title IV aid (excluding Federal College Work-Study funds) for which the student qualified by the percentage of time during the term that the student was enrolled.

If less aid was disbursed than was earned, the amount of Title IV aid that must be returned is determined by subtracting the earned amount from the amount actually disbursed.

The responsibility for returning unearned aid is allocated between the university and the student according to the portion of disbursed aid that could have been used to cover university charges and the portion that could have been disbursed directly to the student once university charges were covered. Loyola University will distribute the unearned aid back to the Title IV programs as specified by law. The student will be responsible for any balance on his or her account, which results from these adjustments.

Overpayments/Excess Aid

If a credit exists on a student account due to an overpayment, withdrawal, or excess financial aid, a refund may be issued to the student upon request. If the student paid any portion of the bill by credit card, the refund will be issued to the credit card company for the appropriate amount. If the student paid any portion of the bill by personal check, a refund may be issued after the personal check clears. Please refer to the tuition refund schedule. Any form of financial aid (loans, grants, or scholarships) will be the priority form of payment to the tuition account. If a credit results from a combination of financial aid and a credit card payment after all adjustments have been made, the credit card will be refunded.

College of Law Financial Aid Office

This office administers all federal and private loans for law students. The Office of Financial Aid is located in LS 345. The telephone number is (504) 861-5551.  For more information regarding federal and private loans, see our webpage, www.law.loyno.edu/lawaid.

Loan Repayment Assistance Program

Many Loyola College of Law graduates devote their careers to public service work as advocates for traditionally underserved communities. Given a significant law school debt burden, such careers might not be feasible without some form of assistance. Since 1991, the Gillis Long Poverty Law Center’s Loan Repayment Assistance Program (LRAP) has tried to address this problem and remains committed to furthering its goal of providing quality legal assistance to communities throughout the country.

For additional information, http://loyno.edu/gillislong/.

Diversity Funding

In accord with its commitment to extend opportunities in education to all qualified students, regardless of age, color, disability, national origin, race, religion, sex/gender, or sexual orientation, and being cognizant of the underrepresentation of minorities within the legal profession, Loyola has established a fund to assist minorities in obtaining a legal education.

Other Funding

The Council on Legal Education Opportunity (CLEO) conducts summer tutorial programs each year to assist students of “low income” or “disadvantaged background” to obtain entrance into the College of Law. Those students successfully completing the program will, upon enrollment in the College of Law, be awarded an annual living stipend. For further information, students should contact: CLEO, 740 15th St. N.W., 9th Floor, Washington, D.C. 20005 or call (202) 216-4343 or www.cleoscholars.com. Minority students may also wish to contact the Earl Warren Legal Training Program, Inc., 10 Columbus Circle, New York, NY 10019 for further information concerning the availability of assistance.

University Academic Scholarships

Scholarships are awarded to outstanding entering first-year students with superior academic records and LSAT scores. These scholarships are awarded as tuition waivers and are renewed automatically if the required grade point average is maintained.

After the freshman year, students may apply to the Faculty Scholarship Selection Committee to be considered for one-year awards based on a combination of merit and need. Loyola may conclude that gift and grant aid from other sources precludes or limits a student’s eligibility for scholarships administered by the College of Law. Unless otherwise specified, scholarship awards shall not exceed actual tuition. The College of Law administers the following scholarships:

For additional information concerning scholarships and awards, http://law.loyno.edu/scholarships.