Federal Financial Aid Requirements

To qualify for federal aid programs, a student must meet certain requirements.

Federal aid recipients:

  • Must be citizens or eligible noncitizens.*

  • Must not have any defaulted student loans.**

  • Must not have any drug convictions.

  • Must be at least half-time.

  • Must be registered with Selective Service (male students only).***

  • Must be in a degree-seeking program.

  • Must maintain Satisfactory Academic Progress.****

*US Citizenship/Permanent Residence Status

A student must be a U.S. Citizen or permanent resident of the United States (Eligible Non-Citizen) to receive financial aid. We may be required to collect documentation that verifies your citizenship. Examples of documentation are:

-Copy of your birth certificate
-Copy of your passport
-Copy of your Certificate of Naturalization
-Copy of your Certificate of Citizenship
-INS document statement for Verification of Permanent Residency
If you are an Eligible Non-Citizen, your alien registration number will be confirmed with the INS to verify your residency. We may need to collect a copy of your alien registration card. The copy will then be sent to the INS for manual verification. If your status is verified, we will continue to review your application for financial aid.

Social Security Number
We may be required to collect a copy of your current social security card and drivers license. If you do not have a current social security card or have lost your card, you can go to the Social Security Administration Office nearest you and apply for another card. Send a copy of the receipt to us right away and a copy of the card when you receive it.

**Defaulted Loan Status 

When your FAFSA is first submitted, CPS verifies the status of any outstanding student loans you have borrowed. If you have defaulted on any loans, we are required to collect documentation verifying that you have paid off your defaulted loan, or have made necessary arrangements to bring the loans out of default status. Please send a copy of your default clearance letter from your lender/servicer to the financial aid office upon request.
If you are in default and would like to clear the default, follow the instructions on your Student Aid Report (SAR).

***Selective Service Status

Males who are between the age of 18 and 25 must register with Selective Service. We may be required to collect documentation verifying you are registered with selective service. If you meet one or more of the following criteria, you will need to sign a selective service verification form: 

-You are female You are in the armed services on active duty. (note: does not apply to members of the reserves or national guard who are not on active duty)
-You have not reached your 18th birthday
-You were born before 1960
-You are a citizen of the Federated States of Micronesia, or the Marshall Islands, or a permanent resident of the Trust Territory of the Pacific Islands (Palau) 

If you do not meet one of the above criteria, you will need to provide the financial aid office with a letter from the Selective Service verifying you are registered or have been waived from registering. You can contact the Selective Service Office via their website: Selective Service System. You will be ineligible for financial aid if you fail to register.

****Satisfactory Academic Progress (SAP) Policy

Loyola University New Orleans, in accordance with Federal Regulations, reviews all students’ academic records to determine if each student is making Satisfactory Academic Progress towards earning their degree. This review is conducted at the conclusion of each payment period and includes both qualitative and quantitative requirements.
All students enrolled in a degree seeking program leading to a professional (law, doctorate, masters) degree, must have a:

-Minimum cumulative Grade Point Average of 2.0 or higher at the conclusion of each payment period and
-Successfully complete at least 66.67% of attempted credit hours. Incomplete grades (I), Failed (F) or Withdrawn (W) will be considered attempted credits but not successfully completed. Also, all transfer credits accepted towards degree requirements will be included in attempted and earned credits. Each multiple attempt at any given course, will count towards attempted credits regardless of how they are treated in a student’s GPA. 

Students that change major will have all courses taking into consideration for both the GPA requirement and the completion requirement. For details about SAP, please visit Check my eligibility .