Tuition Assistance

In the spirit of St. Ignatius and Loyola’s administration, Board of Directors, faculty and staff, we intentionally strive to keep the Loyola experience affordable and accessible by charging less than the actual cost of education for all students.

For the 2025-26 school year, the subsidized tuition and fees rate is $12,930 while the cost of education per student is approximately $15,255. This difference of $2,325 per student is made up through voluntary gifts above tuition. Tuition assistance assists with TUITION ONLY. Registration and student fees are not covered by this program. Loyola does not award academic or athletic scholarships.

How to Apply
The tuition assistance application is part of the online registration process. Students must be accepted and registered before applying. The application deadline for the 2025-26 school year is March 17, 2025. Funds for tuition assistance are limited. Notifications are expected to be provided by June 15, 2025. We encourage families to apply by the initial deadline for optimal awards.

In order to be considered for financial assistance, applicants must:

1. Be registered and accepted at Loyola College Prep by completing the enrollment process through FACTS once accepted by Admissions.
2. After enrolling through FACTS, complete the Tuition Assistance application through FACTS (link is included here.) Parents who need assistance completing the application, may contact FACTS Parent Support at 1-866-315-9262 or contact LCP’s Business Office at [email protected] or by calling 318-226-6293
3. Have current information in their existing Loyola account (must have no past due payments).
4. Maintain a 2.0 minimum grade point average with no failing grades.

Tuition Assistance Opportunities

1. Need-Based Assistance (provided by Loyola)
Loyola College Prep’s tuition assistance program provides tuition relief to deserving students who are qualified for, but cannot afford, a Loyola education. The primary source of money is the interest income from Loyola’s Endowed Scholarship Fund. Income derived from investments is earmarked for financial assistance and also helps to offset school operating expenses. In addition, money raised for Loyola’s Community Scholarship Fund provides additional funding for need-based aid. The majority of Loyola’s financial aid awards are derived from these sources. Annual Fund gifts are NOT used for tuition assistance.

2. Need-Based Assistance (provided by independent outside sources)
Currently there are three other forms of outside assistance that Loyola accepts – ACE, ARETE, and LA GATOR scholarships. ACE and ARETE are available for students who attended public school in the previous school year before attending Loyola and have a financial need based on the program’s income limitations. Families must apply directly ACE and ARETE and name Loyola College Prep as their school of choice. For more information on the ACE and ARETE Scholarship programs, please review the websites below:

ARETE Scholarships: www.aretescholars.org or 225-245-3610
ACE Scholarships: www.acescholarships.org 504-491-1813

The LA GATOR program is funded for families who previously participated in the LSP, or enrolled in a public school in the prior year, or has a family income at or below 250% of federal poverty guidelines.   Please see https://doe.louisiana.gov/topic-pages/louisiana-school-choice/la-gator for current information.
 
3. Need-Based Assistance (provided by the Catholic Diocese of Shreveport)
Catholic applicants who request financial assistance consideration though the FACTS application process are automatically considered for Diocesan assistance. There is no additional application needed. Discounted tuition rates are also available for Catholic families. If you would like to apply, please complete the Parishioner Verification Form.

4. Assistance Not Based on Need (provided by Alumni organizations)
a) Each year, the St. Vincent's Academy alumnae awards scholarship to current or incoming students who are children or grandchildren of St. Vincent's Academy alumnae. Applications are being accepted for the scholarship now. Please click the link here to download an application and submit by March 27, 2025.
b) Each year, the Flyer Alumni Association awards scholarship to current or incoming students who are children or grandchildren of alumni. Applications are being accepted for the scholarship now. Please click the link here to download an application and submit by March 27, 2025.