In 2022, tuition for full-time LMU students was $57,602 a year.
In 2023, tuition increased 5.44%–from $54,630 the prior year. Usually, colleges raise tuition about 3% each year.
Remember, the total cost of tuition isn't necessarily what you will have to pay to attend a school. Many students find the actual cost of college is a lot less than the total tuition after grants, scholarships, and tuition discounts kick in. And, student loans can make the amount you do have to pay out of pocket more manageable until you're done with college.
Loyola Marymount University meets 67.7% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at Loyola Marymount University is around $34,031 a year.
In 2020, students graduated with an average of $32,828 in student loans for each student with debt.
Loyola Marymount University is a private, religious institution, which means it has the same tuition for students from California as it does for students who live in other states.
Public schools receive funds from the state to help them cover costs. Public insitutions often offer reduced tuition for students who are residents of that state.
Choosing a college where you qualify for in-state tuition can cut the cost of college tuition. Take the time to check your state's requirements for in-state tuition. Each state has different requirements to qualify as in-state resident. Most states require students to have resided in the state for a certain period of time before qualifying. There may be additional requirements too, depending on the state you and your parents currently live in.
Explore other California colleges
Loyola Marymount University has the same tuition for international students as for those from out of state.
International students usually do not qualify for for loans or grants from the U.S. government, but may be eligible for private or Loyola Marymount University-specific aid and scholarships.
International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.
In addition to tuition, room and board, books, transportation and fees are also costs it consider when budgeting for college. Let's take a look at what impacts these costs, and what to expect at Loyola Marymount University.
Housing and campus dining at Loyola Marymount University is $18,262 a year. This includes the cost of living in dorms or other on-campus housing, plus a meal plan that allows you to eat in the school dining halls.
Meal-plan costs may vary depending on how many meals are included in the plan you choose.
First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The real cost of books depends on the courses you take and the materials required. To save money, many students choose to use books from the library or buy books from students who have already taken the course.
Most schools charge some yearly fees to offsets cost associated with maintaining facilties, like the computer labs and libraries, athletic facilities, and more.
There may be other costs associated with participating in special activities, like joining a fraternity or sorority, or participating in sports or other extracurriculars. Many schools have resources so that those who may struggle to participate because of cost can find ways to lower or eliminate these costs.
The total cost of transportation in college can really vary. Will you take a subway, car or an airplane to get to school? Will you need to pay to park on-campus? Is the campus small enough that you can easily walk from class-to-class?? Do you own a car, or are you planning to use public transportation? All of these questions can make a big difference in your transportation budget. At Loyola Marymount University, freshman are allowed to park on campus.
A school's location can impact transportation costs. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand transportation in a city is sometimes costly, but cities may offer more buses, trains or affordable flights to actually get to school. Loyola Marymount Universityis located in a suburb in California, near Los Angeles.
When budgeting for college, don’t forget to consider the cost of things like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.
Now, let’s look at the breakdown of all expenses, to get a better idea of how much students can expect to shell out for Loyola Marymount University.
What will the cost of attending Loyola Marymount University be? Here is a breakdown of tuition and expenses.
2023 Total Tuition and Expenses | |
---|---|
Tuition | $57,602 |
Room and Board | $18,262 |
Other expenses | $2,871 |
The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
Total Estimated Costs | |
---|---|
On-Campus | $80,774 |
Off-Campus | $63,565 |
The breakdowns above provide a good estimate of the total cost of attendance before financial aid and scholarships. Tuition and fees may vary depending on program, course level, location, and more.
In 2023, 3,080 of the 7,362 undergrads enrolled received financial aid. Loyola Marymount University meets 67.7% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $34,031 a year. Around 43% of Loyola Marymount University undergrads take out student loans to cover any remaining costs. Loyola Marymount University graduates who have student loans graduate with an average of $32,828 of student loan debt.
The average debt for each loan type varies.
Average Debt By Loan Type | |
---|---|
Federal Loans | $20,383 |
Loyola Marymount University-Specific Loans | $6,639 |
Private Loans | $60,573 |
Most Common Loans for Loyola Marymount University Students | |
---|---|
Federal Loans | 41% |
Institutional Loans | 23% |
Private loans | 7% |
Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.
The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Loyola Marymount University financial aid, keep reading, or visit their financial aid website.
Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.
In 2023, Loyola Marymount University awarded 3,013 need-based scholarships to students, giving away total of $75.9 million to help students with financial need cover the cost of school. An additional $44.2 million in merit-based scholarship money was awarded to students without demonstrated financial need.
The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.
Now that we have a sense of the total estimated costs for Loyola Marymount University students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.
When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.
The average amount of financial aid received by a full-time first year student with demonstrated need at Loyola Marymount University was $34,031 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Loyola Marymount University seem more manageable.
Estimated Net Cost for Full-Time Students | |
---|---|
On-Campus | $46,743 |
Off-Campus | $29,534 |
What will attending Loyola Marymount University really cost you? The answer depends on several factors.
As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families make more informed decisions about the actual cost of attending that school, based on their financial situation. You can find the Loyola Marymount University's net cost calculator on their website.
Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.
Loyola Marymount University does not have guaranteed tuition.
Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.
Schools sometimes offer tuition waivers to certain groups, to offset the cost of attending. Some colleges offer tuition waivers for employees and their family members, underrepresented students, or military students. Even with a tuition waiver, students are usually responsible for housing, meal plans, and other expenses.
Check the financial aid website for more information on payment plans and tuition waivers.
An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.
Loyola Marymount University's endowment was valued at $637.3 million in 2023, compared to a national average of $905 million.
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Tuition & Fees
$77,903
In State$77,903
Out-of-StateStudents Who Receive Need-Based Aid
Average Financial Aid Package
Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
Total Enrollment
Campus Setting
Acceptance Rate
Fall Freshmen
Application Deadline
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