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.

Financial Aid Statistics

  • $10,500

    Average financial aid award for FY25

  • 31%

    Percentage of student population receiving need based financial assistance in FY25

  • 6.4

    Million dollars in financial assistance in FY25
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Financial Aid Process for the 2025–2026 Academic Year

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  • How to Apply

    Two applications are required to apply for financial aid:
    1. Blackbaud Financial Aid Management 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 2029: to receive a tentative award amount, the following documents must be submitted to both Blackbaud Financial Aid Management and Loyola Academy by January 6, 2025:
    1. 2023 W-2 forms
    2. 2023 federal tax returns
     
    The following documents are required for ALL classes to receive a final financial aid award letter:
    1. 2024 W-2 forms
    2. 2024 federal tax returns
    Note, for the Class of 2029, awards are not finalized until the applicant's 2024 W-2 forms and 2024 federal tax returns are submitted.

  • Key Dates

    • December 7, 2024—Financial Aid applications forms available for the Class of 2029. Please note, students must test at Loyola Academy on December 7 to be considered for financial assistance.
    • January 6, 2025—Both applications and supporting documents due to Blackbaud Financial Aid Management and Loyola Academy for the Class of 2029.*
    • February 3, 2025—Financial Aid Application forms available for all students.
    • April 1, 2025—Both applications and supporting documents due to Blackbaud Financial Aid Management and Loyola Academy.*
    • May 1, 2025—Financial Aid Award Letters sent.
    Please note, Loyola Academy has a limited financial assistance budget. Therefore, applications and required forms submitted after the deadline may not be able to be considered.

Applications and Additional Information

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 2024–25 year is $19,950

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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.
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Loyola Academy offers 4 payment plans for the 2024–25 academic year:

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  • Annual

    1 Installment
    • $19,950 due July 15

  • Semi Annual

    2 installments
    • $9,975 due on July 15
    • $9,975 due on January 15

  • Quarterly

    4 installments
    • $4,987.50 due on July 15
    • $4,987.50 due on October 15
    • $4,987.50 due on January 15
    • $4,987.50 due on April 15

  • Monthly

    10 installments
    • $1,995 due on July 15
    • $1,995 due on August 15
    • $1,995 due on September 15
    • $1,995 due on October 15
    • $1,995 due on November 15
    • $1,995 due on December 15
    • $1,995 due on January 15
    • $1,995 due on February 15
    • $1,995 due on March 15
    • $1,995 due on April 15

Tuition Fees for the 2024–25 academic year:

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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

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.
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