Tuition, Cost & Aid
Affordability and Cost
Average Net Price Average net price for full-time, first-time degree/certificate-seeking undergraduates paying the in-state or in-district tuition rate who were awarded grant or scholarship aid from federal, state or local governments, or the institution. Other sources of grant aid are excluded. Aid awarded anytime during the full aid year is included.
Average net price is generated by subtracting the average amount of federal, state or local government, or institutional grant and scholarship aid from the total cost of attendance. Total cost of attendance is the sum of published tuition and required fees (lower of in-district or in-state), books and supplies and the weighted average room and board and other expenses.
Average net price is generated by subtracting the average amount of federal, state or local government, or institutional grant and scholarship aid from the total cost of attendance. Total cost of attendance is the sum of published tuition and required fees (lower of in-district or in-state), books and supplies and the weighted average room and board and other expenses.
$37,731
Average Net Price By Family Income
Tuition
| In-State Tuition In-state tuition is the tuition charged by institutions to those students who meet the state's or institution's residency requirements. In-district tuition is the tuition charged by the institution to those students residing in the locality in which they attend school and may be a lower rate than in-state tuition if offered by the institution. | $49,498 |
| Out-of-State Tuition Out-of-state tuition is the tuition charged by institutions to those students who do not meet the state's or institution's residency requirements. Out-of-district tuition is the tuition charged by the institution to those students not residing in the locality in which they attend school. | $49,498 |
Additional Costs
Room and Board The weighted average for room and board and other expenses is generated as follows:
| $15,520 |
| Books and Supplies | $1,200 |
| Tuition Payment Plan | Yes |
Financial Aid: visit page
Financial Aid Email: [email protected]
Aid & Grants
0
100
86%
Need Met
Students Receiving Gift Aid Percent of undergraduate students awarded federal gift aid. Federal gift aid includes any grant or scholarship aid awarded, from the federal government, a state or local government, the institution, and other sources known by the institution. Students Receiving Grants Percent of undergraduate students awarded grant aid. Grant aid includes any grant or scholarship aid awarded, from the federal government, a state or local government, the institution, and other sources known by the institution. Students receiving state aid Students receiving federal aid
23%
Average Aid Per Year
$23,357
23%
Average Federal Grant Aid Per Year
$5,354
Average Institution Grant Aid Per Year
$21,323
17%
Average State Grant Aid Per Year
$5,050
21%
Average Federal Grant Aid Per Year
$5,354
Average Grant & Scholarship By Family Income
Total Needs Based Scholarships/Grants Total amount of grant or scholarship aid awarded to all undergraduates from the federal government, state/local government, the institution, and other sources known to the institution.
$169,625,392
Total Non-Need-Based Scholarships/Grants
$95,411,857
Student Loans
Students Borrowing Loans Loans to students - Any monies that must be repaid to the lending institution for which the student is the designated borrower. Includes all Title IV subsidized and unsubsidized loans and all institutionally- and privately-sponsored loans. Does not include PLUS and other loans made directly to parents.
61%
Average Loan Amount Per Year
$9,165
Students receiving federal loans
60%
Average Federal Loans Per Year
$5,426
Average Other Loans Per Year
$23,918
Average Debt at Graduation The median federal debt of undergraduate borrowers who graduated. This figure includes only federal loans; it excludes private student loans and Parent PLUS loans.
$19,500
Loan Default Rate
3%
US National: 7%
Median Monthly Loan Payment The median monthly loan payment for student borrowers who completed, if it were repaid over 10 years at a 5.05% interest rate.
$238
What Students Are Saying
I believe that Loyola is worth going to regardless of cost because of the outstanding faculty and program for nursing. However, it is still very costly to attend. Although it will not be easy for me to find a way to pay tuition, I am willing to do everything in my power in order to be able to stay at such a wonderful school. If at all possible, I plan to enroll in Loyola's graduate school for a master's degree in nursing.
Heather
It is slightly more expensive than some of the other private schools in IL (Bradley for example) but you have to remember that you are in Chicago and you are paying for that. But I believe it is worth every cent. And they are good about giving scholarships out. If you don't like the package they give you, take a parent in and talk to the Bursars office. They might give you more money.
Joel from IL
Overall, college has become unreasonably expensive and LUC is no different. Tuition at Loyola is greater than some other universities, however, you must weigh the education and experience received from this great school against the cost. I believe the benefits outweigh the costs.
Marisa
Loyola University is pretty expensive. However, the academic program offered here is definitely worth it. Many of the professors have the highest degree in their field. I recently had a professor say that our school is looking to compete with Northwestern's academic program. The dorms are pretty good except for Mertz Hall, which has community bathrooms. The one thing I do not really enjoy is the cafeteria food. The way out of this problem is to go to the Rambler room or go to any of the many restaurants nearby which sometimes offer student discounts. In addition, Loyola is very generous with financial aid.
Mayra from Glendale Heights, IL
Although Loyola is an expensive school, I feel that the quality of the academic program and the passion and expertise of the professors makes it all worth it. Loyola is a well-respected university with an outstanding faculty that provides many opportunities for studying abroad, working internships, or engaging in research.
Angela from South Beloit, IL
loyola is an expensive school. this depends on your situation.
Jason from Chicago, IL
This school is shockingly expensive, but that's because it's a private school and Loyola has to pay for many things including maintenance, professors and other expenses. However, Loyola does give a lot back to the community and provide quite a lot of financial aid to students to make it more affordable. Also, Loyola is considered a Baby Ivy school, so you're really paying for a genuine education.
Alexis from Kenosha, WI
College is too expensive; Loyola is no different. However, I got a $10,000 scholarship with my acceptance letter and more came later. I'm not rich by any stretch of the imagination, but I can still afford LUC.
Claire from Chicago, IL
I have complete faith that I have chosen the correct school for me. The Professors are extremely helpful and have become an invaluable resources for recommendation letters and advice. I know I have advanced in a positive way both as a person and in my academics. Loyola is a wonderful place to go to school. I appreciate all it has done for me.
Zoe from Chicago, IL
Loyola gives a fare amount of scholarships. The price for coming here is a mass amount but financial need is something that is sincerely considered.
Fernando from Berwyn, IL
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