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Loyola creates a new financial aid program to assist students who demonstrate significant financial need in Baltimore City

Loyola University Maryland

October 13, 2020


Loyola University Maryland is launching the Charm City Pell Promise Program to recognize high achieving Baltimore City public, charter, and Catholic high school graduates from families who demonstrate significant financial need.

The Charm City Pell Promise Program is designed to help more students from the local community afford a Loyola education.

All eligible students admitted to the Charm City Pell Promise Program will receive a financial aid award that meets 100% of their demonstrated need toward Loyola’s full direct cost of attendance. The Charm City Pell Promise Program will award students financial aid assistance that, when added to the aid they receive from Loyola, the government, and other sources, will cover up to the full direct cost of attendance, including room and board for resident students. The four-year estimated value of each financial aid package would exceed $200,000.

“We are thrilled to be able to provide the students of Baltimore City with greater accessibility towards a Loyola education,” said Eric Nichols, vice president for enrollment management. “During these unprecedented times, we realize more students may want to stay closer to home for their college education. We hope the Charm City Pell Promise Program makes that a reality for even more students from Baltimore City.”