Will you go to Loyola Chicago for free thanks to the G.I. Bill®? Coverage is not unlimited and varies school to school, so the fine print is worth checking.
The table below compares the guaranteed Post-9/11 tuition benefit to the cost of attending Loyola Chicago. Living-expense and book benefits are addressed in their own sections below.
| Item | Amount |
|---|---|
| Veteran tuition & fees | $51,716 |
| Guaranteed Post-9/11 tuition benefit | $20,235 |
| Tuition out of pocket | $31,481 |
The Post-9/11 GI Bill® caps the annual tuition benefit (about $20,235), so the tuition above that is a gap veterans must cover through Yellow Ribbon, savings, or other aid at Loyola Chicago.
Loyola Chicago is not listed as a Yellow Ribbon participant in current federal reporting. Check directly with the school, since participation can change year to year.
DoD Tuition Assistance pays up to $250 per credit hour for active-duty students; here is how the per-credit charge at Loyola Chicago compares.
| Residency | Per-credit charge | Below $250 cap? |
|---|---|---|
| In-state | $244 | |
| Out-of-state | $244 |
The Post-9/11 GI Bill® also covers housing through a Monthly Housing Allowance (MHA). Below, the academic-year housing benefit is set against the estimated living costs at Loyola Chicago.
| Item | Amount |
|---|---|
| Estimated living expenses (room & board, academic year) | $15,556 |
| Post-9/11 monthly housing allowance (MHA) | $2,397/mo |
| Housing benefit (academic year, ~8 months) | $19,176 |
| Estimated surplus in your pocket | $3,620 |
The benefit generally more than covers off-campus living costs here. Your actual MHA depends on your rate of pursuit and the school’s location.
The Post-9/11 GI Bill® pays a books-and-supplies stipend of up to $1,000 per year. Estimated book and supply costs at Loyola Chicago run about $1,200, leaving about $200 out of pocket.
These figures show the GI Bill® and DoD Tuition Assistance dollars veterans and service members actually used at Loyola Chicago.
| Benefit | Recipients | Total disbursed | Average / recipient |
|---|---|---|---|
| GI Bill® (all students) | 168 | $3,858,406 | $22,967 |
| GI Bill® — undergraduate | 123 | $3,000,411 | — |
| GI Bill® — graduate | 45 | $857,995 | — |
| DoD Tuition Assistance (all) | 0 | $0 | — |
| DoD TA — undergraduate | 0 | $0 | — |
| DoD TA — graduate | 0 | $0 | — |
GI Bill® benefits follow the veteran; DoD Tuition Assistance is an active-duty benefit paid while serving.
References
More about our data sources and methodologies.
GI Bill® is a registered trademark of the U.S. Department of Veterans Affairs (VA). More information about education benefits offered by VA is available at the official U.S. government website at benefits.va.gov/gibill.