L
Baltimore, Maryland

Loyola University Maryland Tuition & Cost

How much does it cost to attend?

Sticker Price
$66,200
Costs for Loyola University Maryland
Fee Cost
Tuition$47,520
Books and Supplies$1,250
Other Fees$1,400
Room and Board $14,430
Other Expenses Budget$1,600

Annual Prices

The annual list price to attend Loyola University Maryland on a full time basis for 2018/2019 is $66,200 for all students regardless of their residency. This fee is comprised of $47,520 for tuition, $14,430 room and board, $1,250 for books and supplies and $1,400 for other fees. Out of state tuition for Loyola University Maryland is $47,520, the same as Maryland residents.

All price data is sourced from the 2018/2019 U.S. Department of Education National Center for Education Statistics survey.

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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 2017/2018
$36,820
Net Price by Income Loyola University Maryland
Family Income Net Price Paid
$0 to $30,000$25,451
$30,001 to $48,000$25,803
$48,001 to $75,000$24,756
$75,001 to $110,000$30,413
$110,000+$42,108

The average reported annual net price for Loyola University Maryland for students receiving grants or scholarship aid was $36,820 in 2017/2018. 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

Finanical Aid Loyola University Maryland
Type Avg./Student Students Receiving
Annual Total Grant Aid $26,091 90%
Pell Grant $4,185 13%
Federal Student Loan $5,910 55%

The average reported annual net price for Loyola University Maryland for students receiving grants or scholarship aid was $36,820 in 2017/2018.

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 $1,167 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 4.529%.

Example Loan $112,472
Stafford Loan Interest Rate 4.5%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $1,167.21
Total Interest Paid $27,593.78
Sum of All Loan Payments $140,065.78

Projected 4 Year Degree Price

4 Year Sticker Price
$264,800
Year All Residents
1 $66,200
2 $68,294
3 $70,455
4 $72,684

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 $264,800 - assuming graduation in normal time. The estimation assumes a 3.2% 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 $765 $2,295 $3,060

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.