Tuition & Financial Aid

At Loyola, we look beyond frontiers and boundaries with a spiritual boldness that is all-welcoming and changes the world.

Our goal is to ensure our whole person formation is accessible to all regardless of gender, language, faith, or belief. Our generous and thriving financial aid program ensures that a family’s finances are not a barrier to students who aspire to join the Loyola community.

Financial Aid

Opening Our Doors Wide

The school’s strategic plan emphasizes that “diversity and accessibility are essential to Loyola’s identity and that every effort should be made to seek, attract and admit qualified students regardless of their ability to pay tuition and related costs”. Our “needs-blind” admissions policy ensures that there is no disadvantage whatsoever to the financial aid applicant during the admissions process.

To apply for Financial Aid, please follow the link here: Apple Financial Services

Our Generous Financial Aid Program

In each academic year, approximately $750,000 in financial aid is disbursed to students. The financial aid program is funded entirely by the Loyola High School Foundation, thanks to the generous support of alumni, families, staff and friends of Loyola.

How the Application Process Works

All families are welcome to apply for financial aid at Loyola. The evaluation process considers each family’s unique circumstances including, but not limited to, employment and other income, assets, liabilities, and total dependents.

Applications are made to Apple Financial Services who assess all applications on Loyola’s behalf and provide a recommendation about what each family should be able to reasonably contribute towards the total fees based on the information provided. The Bursary Committee reviews the results and approves the final grants. Families are notified in writing of the committee’s decision.

It is possible that with the Bursary Committee will request a meeting with applicants to clarify information prior to approval of the final grants.

The financial aid granted is of one-year duration. Families must reapply each year if their financial need persists.

Loyola trusts that the information provided on the application is accurate and truthful. In the event that it is determined that false information was knowingly provided during the application process the student's standing at Loyola will be reviewed and the financial aid may be repealed retroactively.

Maintaining Confidentiality

Loyola takes the confidentiality of our financial aid process very seriously and adheres to a very high standard of privacy in all matters. Applicants and award recipients are strongly encouraged to maintain a high level of confidentiality regarding their application and any award that is provided.

In order to maintain anonymity and the integrity of the Loyola’s financial aid program faculty and staff are not provided financial aid information unless it is critical to their job function.

Deadlines for Applying

I. Incoming Students

• The general deadline to apply for financial aid is two (2) weeks after receiving notice of acceptance to Loyola High School.

Accepted Applicants from the Regular Admissions Process (in the fall)

• All those who apply for financial aid after being accepted (but by December 15) will receive an answer from the Bursary Committee by January 31.
• If you prefer to receive your financial aid decision at the same time as a possible November acceptance letter, you must apply for financial aid by the Friday after Thanksgiving.

Accepted Applicants from the Early Admissions Process (Loyola families only)

• Loyola families who apply during the early admissions process and receive a notice of acceptance can apply for financial aid from mid-September to the Friday after Thanksgiving. You will then receive your financial aid decision in early November.

II. Returning Students

The deadline for the online submission is by the end of Spring Break in accordance with the school's calendar. The Bursary Committee will inform the family of its decision by early June.

How to Proceed with the Financial Aid Application

Click here to begin the Online Financial Aid Application.

Please note the following prior to proceeding.

• An application fee of $130 paid by credit card is required to submit the application. Students whose parents live at separate addresses will be subject to an additional $40 surcharge.

The following documents will be required:

• most recent provincial and federal income tax returns, including all pertinent schedules;
• most recent provincial and federal notices of assessment;
• most recent T4 and RL1 information slips;
• most recent mortgage documents;
• most recent Statement of Business Activities (if you are self-employed);
• most recent financial statements (if you own a business).

Applications will not be evaluated until payment has been made and all required documents are uploaded

Following the submission of the online application, all NEW applicants will be asked to meet with the Bursary Committee to discuss their applications.

Tax Implications of Receiving Financial Aid

The total financial aid awarded in a calendar year will be reported on the T4A and Relevé 1 information slips issued in the student’s name. Parents must provide their child's Social Insurance Number (SIN).

Revenu Quebec: Deduction for Scholarships, Bursaries or Similar Financial Assistance

Contact Information

For general information or inquiries about financial aid, please contact financialaid@loyola.ca. Please note that we are unable to provide you with an estimate of financial aid prior to the submission of your application form and the required documents.

For questions regarding the application form and the documents required, please contact: Apple Financial Services