L
Private 4 Year

Loyola University Maryland Tuition & Cost

Baltimore, Maryland

 1 Reviews

How much does it cost to attend?

Sticker Price
$69,770
Costs for Loyola University Maryland
Fee Cost
Tuition$49,700
Books and Supplies$1,250
Other Fees$1,400
Room and Board $15,820
Other Expenses Budget$1,600

Annual Prices

The annual list price to attend Loyola University Maryland on a full time basis for 2020/2021 is $69,770 for all students regardless of their residency. This fee is comprised of $49,700 for tuition, $15,820 room and board, $1,250 for books and supplies and $1,400 for other fees. Out of state tuition for Loyola University Maryland is $49,700, the same as Maryland residents.

All price data is sourced from the 2020/2021 U.S. Department of Education National Center for Education Statistics survey.

Net Price

Net price is indicative of what it actually costs to attend Loyola University Maryland when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2019/2020
$37,375
Net Price by Income Loyola University Maryland
Family Income Net Price Paid
$0 to $30,000$27,197
$30,001 to $48,000$30,197
$48,001 to $75,000$29,885
$75,001 to $110,000$32,710
$110,000+$39,009

The average reported annual net price for Loyola University Maryland for students receiving grants or scholarship aid was $37,375 in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

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Financial Aid

97% of full-time undergrad Loyola University Maryland received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $29,944 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 55% of students received Federal Student Loans averaging $5,385 and 22% of undergrads took out private student loans averaging $10,242.

Finanical Aid Loyola University Maryland
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $29,944 97%
Institutional Grants and Scholarships $28,731 96%
Pell Grants $4,499 15%
Other Federal Grants $909 11%
State and Local Grants $6,633 6%
Federal Student Loans $5,385 55%
Other Student Loans $10,242 22%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Loyola University Maryland, we've modeled a ten year student loan with an original principal value of $112,472. The loan balance of $112,472 is a four year multiple of the $28,118 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $1,073 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 2.75%.

Example Loan $112,472
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $1,073.11
Total Interest Paid $16,300.83
Sum of All Loan Payments $128,772.83

Projected 4 Year Degree Price

4 Year Sticker Price
$279,080
Year All Residents
1 $69,770
2 $71,650
3 $73,580
4 $75,562

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Loyola University Maryland to be $279,080 - assuming graduation in normal time. The estimation assumes a 2.7% annual increase over the next 4 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Loyola University Maryland
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $800 $2,400 $3,200

Estimated cost for a class at Loyola University Maryland based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at Loyola University Maryland versus other colleges.

Tuition Payment Plans Available

Loyola University Maryland Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=163046 IPEDS survey data for Loyola University Maryland.