Financial Aid
Welcome to the Stritch School of Medicine
Attending medical school is a significant investment—one that can lead to invaluable professional and personal rewards. We recognize the substantial financial commitment and sacrifice that students and their families make in pursuing a medical degree. Our goal is to help make your education as affordable as possible by offering a variety of financial aid options.
On July 4, 2025, President Trump signed a reconciliation bill (the "One Big Beautiful Bill Act," or OBBBA), which includes numerous changes to federal financial aid programs, effective July 1, 2026. While the final rules and regulations have not yet been released, we are actively reviewing the legislation and will continue to share updates as additional guidance becomes available from the U.S. Department of Education and other relevant authorities. Read additional information regarding the expected changes.
In addition to Loyola scholarships and grants, Stritch participates in the federal Title IV financial aid program, which includes the Federal Direct Unsubsidized loan programs. Students may also utilize private student loan funding. Scholarships and grants are considered gift aid and do not require repayment, while loans are borrowed funds that generally accrue interest while the student is in school and must be repaid.
Financial Aid Application Requirements
Incoming/Admitted Students
Students who are admitted to the Stritch School of Medicine for the Fall 2026 academic term will be required to submit three documents in order to be considered for institutional scholarship and need-based grant funding. These documents are:
- The 2026-27 FAFSA (Available now)
- Use Loyola University Chicago’s (LUC's) school code: 001710
- Parent Data Form (Available February 2026)
- This is Loyola’s internal application required for institutional need-based scholarship consideration.
- Admitted students will be notified via email when this document becomes available.
- Access via your task list in LOCUS, LUC’s student portal.
- 2024 Parent Federal Tax Returns
- Upload tax documents via the Financial Aid Secure Document Upload site.
- Parent tax returns are required for all students who are:
- Under the age of 30 as of August 1, 2026
- Exceptions to parent income requirement:
- If you are married and your spouse is not a student
- If you are a veteran of the U.S. Armed Services
- All other exceptions are made on a case-by-case basis by the Director of Financial Aid and are extremely rare.
Priority Consideration Deadline for admitted students is 10 a.m. on Monday, March 9, or within 10 days of admission, whichever is later.
Students will begin to receive financial aid eligibility notices on a rolling basis in early April. For more information, view the financial aid checklist and timeline information.
Returning Students
- The 2026-27 FAFSA (Available now)
- Use Loyola University Chicago’s school code: 001710
- Loyola Scholarship Connection Application (Available Feb. 2)
- Log in to complete your application by April 15 for priority consideration
Returning students will begin to receive their 2026-27 financial aid eligibility notices on a rolling basis in April 2026.
Tuition, Fees, and Cost of Attendance
Cost of attendance budget items (Indirect cost budgets for housing, food, personal expenses, etc.)
Satisfactory Academic Progress
Federal regulations require students to maintain Satisfactory Academic Progress (SAP) standards as a recipient of federal financial aid, including Direct Loan assistance. These standards apply to part-time and full-time students for all terms of enrollment, including those terms for which no financial aid was granted. Read the Satisfactory Academic Progress Policy for the Stritch School of Medicine. (PDF)
We’re Here to Help!
Office hours: 8:30 a.m. - 5:00 p.m., Monday through Friday
Phone: 464-220-9314
Financial Aid Secure Document Upload
Email: ssomfinaid@luc.edu
Staff
Julia Jenkins - Director
Sean Griffin - Senior Assistant Director
Michael Fontaine - Assistant Director
Other Resources
StudentAid.gov: Federal student aid resources, FAFSA application, loan simulator tool, etc.
ElmSelect: A free resource to compare private loan details, including interest rates, fees, repayment terms, and eligibility requirements
AAMC FIRST (Financial Information, Resources, Services, and Tools): AAMC’s financial literacy programming and resources
Welcome to the Stritch School of Medicine
Attending medical school is a significant investment—one that can lead to invaluable professional and personal rewards. We recognize the substantial financial commitment and sacrifice that students and their families make in pursuing a medical degree. Our goal is to help make your education as affordable as possible by offering a variety of financial aid options.
On July 4, 2025, President Trump signed a reconciliation bill (the "One Big Beautiful Bill Act," or OBBBA), which includes numerous changes to federal financial aid programs, effective July 1, 2026. While the final rules and regulations have not yet been released, we are actively reviewing the legislation and will continue to share updates as additional guidance becomes available from the U.S. Department of Education and other relevant authorities. Read additional information regarding the expected changes.
In addition to Loyola scholarships and grants, Stritch participates in the federal Title IV financial aid program, which includes the Federal Direct Unsubsidized loan programs. Students may also utilize private student loan funding. Scholarships and grants are considered gift aid and do not require repayment, while loans are borrowed funds that generally accrue interest while the student is in school and must be repaid.
Financial Aid Application Requirements
Incoming/Admitted Students
Students who are admitted to the Stritch School of Medicine for the Fall 2026 academic term will be required to submit three documents in order to be considered for institutional scholarship and need-based grant funding. These documents are:
- The 2026-27 FAFSA (Available now)
- Use Loyola University Chicago’s (LUC's) school code: 001710
- Parent Data Form (Available February 2026)
- This is Loyola’s internal application required for institutional need-based scholarship consideration.
- Admitted students will be notified via email when this document becomes available.
- Access via your task list in LOCUS, LUC’s student portal.
- 2024 Parent Federal Tax Returns
- Upload tax documents via the Financial Aid Secure Document Upload site.
- Parent tax returns are required for all students who are:
- Under the age of 30 as of August 1, 2026
- Exceptions to parent income requirement:
- If you are married and your spouse is not a student
- If you are a veteran of the U.S. Armed Services
- All other exceptions are made on a case-by-case basis by the Director of Financial Aid and are extremely rare.
Priority Consideration Deadline for admitted students is 10 a.m. on Monday, March 9, or within 10 days of admission, whichever is later.
Students will begin to receive financial aid eligibility notices on a rolling basis in early April. For more information, view the financial aid checklist and timeline information.
Returning Students
- The 2026-27 FAFSA (Available now)
- Use Loyola University Chicago’s school code: 001710
- Loyola Scholarship Connection Application (Available Feb. 2)
- Log in to complete your application by April 15 for priority consideration
Returning students will begin to receive their 2026-27 financial aid eligibility notices on a rolling basis in April 2026.
Tuition, Fees, and Cost of Attendance
Cost of attendance budget items (Indirect cost budgets for housing, food, personal expenses, etc.)
Satisfactory Academic Progress
Federal regulations require students to maintain Satisfactory Academic Progress (SAP) standards as a recipient of federal financial aid, including Direct Loan assistance. These standards apply to part-time and full-time students for all terms of enrollment, including those terms for which no financial aid was granted. Read the Satisfactory Academic Progress Policy for the Stritch School of Medicine. (PDF)
We’re Here to Help!
Office hours: 8:30 a.m. - 5:00 p.m., Monday through Friday
Phone: 464-220-9314
Financial Aid Secure Document Upload
Email: ssomfinaid@luc.edu
Staff
Julia Jenkins - Director
Sean Griffin - Senior Assistant Director
Michael Fontaine - Assistant Director
Other Resources
StudentAid.gov: Federal student aid resources, FAFSA application, loan simulator tool, etc.
ElmSelect: A free resource to compare private loan details, including interest rates, fees, repayment terms, and eligibility requirements
AAMC FIRST (Financial Information, Resources, Services, and Tools): AAMC’s financial literacy programming and resources