The One Big Beautiful Bill Act (OBBBA) introduced new federal financial aid regulations that may impact how much student loan funding you can receive. Under these changes, all part-time students—whether new or legacy borrowers—will have their federal loan eligibility prorated based on their enrollment level. This means students enrolled less than full-time will only qualify for a portion of the standard annual loan limit. Students have to be enrolled in at least half-time status to qualify for federal loans.
Keep in mind: The enrollment status reported by the university does not necessarily correspond to the enrollment level required for financial aid eligibility. Students should review financial aid enrollment requirements separately.
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2026-27 Annual and Full-Time Financial Aid Units |
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|---|---|---|---|
| Loyola Law School | |||
| Program | Annual Financial Aid Units | Full-Time Units For Fall and Spring - Per Semester | Summer Units for Required Summer Term |
| Juris Doctor Day Program | 16 | 8 | n/a |
| Juris Doctor Evening Program Year 1 with Summer Term | 22 | 8 | 6 |
| Juris Doctor Evening Program Year 2 with Summer Term | 22 | 8 | 6 |
| Juris Doctor Evening Program Year 3 | 16 | 8 | n/a |
| Juris Doctor Evening Program Year 4 | 16 | 8 | n/a |
| Master of Laws (LL.M.) | 24 | 12 | n/a |
| Master of Science in Legal Studies (M.L.S.) | 16 | 8 | n/a |
| Doctor of Juridical Science | 16 | 8 | n/a |
| Joint J.D./MBA | 16 | 8 | n/a |
| Joint J.D./Tax LL.M. Year 1 with Summer Term | 22 | 8 | 6 |
| Joint J.D./Tax LL.M. Year 2 | 16 | 8 | n/a |
| Joint J.D./Tax LL.M. Year 3 | 16 | 8 | n/a |
| Online Master of Laws (Tax LL.M) | 16 | 8 | n/a |