In 2022, Loyola University New Orleans's tuition was $45,280 a year.
Tuition increased 4.91% in 2023–from $43,160 the prior year. On average, colleges raise tuition about 3% each year.
Remember, the total cost of tuition isn't the final cost for attending college. Many students owe way less than the total tuition after grants, scholarships, and tuition discounts kick in. And, student loans can make theactual cost of attending college more manageable until you're done with college.
Loyola University New Orleans meets 78.8% of the demonstrated financial need for undergraduates. First-year students that attend Loyola University New Orleans full-time are awarded $41,397 a year in financial aid, on average.
In 2020, students graduated with an average of $28,538 in student loans for each student with debt.
Loyola University New Orleans is a private, religious institution, so it has the same tuition for residents of Louisiana as it does for residents from other states.
Public colleges and universities receive funding from the state government. Public insitutions often offer reduced tuition for those who qualify as Louisiana residents.
Choosing an insitution where you qualify for in-state tuition can save students a lot of money on the total cost of attending college. Take the time to confirm your state's criteria for as an in-state resident. 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 Louisiana colleges
Tuition at Loyola University New Orleans is the same for each student.
Students from outside of the U.S. usually do not qualify for for federal financial aid, but should research private or Loyola University New Orleans-specific grants, scholarships, and other funding opportunities. International students who demonstrate financial need may be eligible for the following types of financial support at Loyola University New Orleans:
•Athletic Awards •Loyola University New Orleans-specific scholarships
International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.
Tuition is not the only cost of attending college; there are other costs associated with college, like room and board, facility fees, and books and supplies. Let's take a look at what impacts these costs, and what to expect at Loyola University New Orleans.
Room and board at Loyola University New Orleans is $14,330 a year. This number covers the cost of living in dorms or other on-campus housing, plus a meal plan that allows you to eat all or some of your meals the school dining facilities.
Meal-plan costs may vary depending on how many meals are included in the plan you choose.
The cost of books often surprises first-year college students. The real cost of books and supplies depends on the courses you take and what kinds of books and materials they require. 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 also have fees to help cover the cost of facilties, like the computer labs and libraries, athletic facilities, and more.
There may be other costs associated with participating in certain activities, like joining a fraternity or sorority, or participating in sports or other extracurriculars. Many schools offer ways for students with demonstrated need to get help covering these fees.
The total cost of getting around in college can really vary. Will you drive, fly, or take public transportation to school? Is on-campus parking free, or will you need to budget for parking? Is the campus easy to get around on foot? Do you plan to bring a car or will you need to use public transportation? All of these factors can make a big difference in your transportation budget. At Loyola University New Orleans, freshman are allowed to park on campus.
A school's location can also have a big effect on 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 getting around in a city could be costly, but there may be more buses, trains and affordable flights to actually get to school. Loyola University New Orleansis located in a suburb in Louisiana, not far from New Orleans.
When estimating your budget for college, don’t forget to take into account the cost of things like entertainment, clothes, furnishings and toiletries.
Now, let’s do a rundown of all of the costs associated with college, to get a better idea of what is really costs to go to Loyola University New Orleans.
What will the cost of attending Loyola University New Orleans be? Here is a breakdown of tuition and expenses.
2023 Total Tuition and Expenses | |
---|---|
Tuition | $45,280 |
Room and Board | $14,330 |
The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
Total Estimated Costs | |
---|---|
On-Campus | $61,570 |
Off-Campus | $49,740 |
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.
The majority of Loyola University New Orleans undergrads use financial aid to to cover the cost of tuition. In 2023, 2,183 of the 3,289 undergrads enrolled received financial aid. Loyola University New Orleans meets 78.8% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $41,397 a year. Around 68.98% of Loyola University New Orleans undergrads take out student loans to cover any remaining costs. Loyola University New Orleans graduates who have student loans graduate with an average of $28,538 of student loan debt.
The average debt for each loan type varies.
Average Debt By Loan Type | |
---|---|
Federal Loans | $24,046 |
Private Loans | $26,254 |
Most Common Loans for Loyola University New Orleans Students | |
---|---|
Federal Loans | 68.98% |
Private loans | 11.11% |
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 University New Orleans 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 University New Orleans awarded 2,171 need-based scholarships to students, giving away total of $70.7 million to help students with financial need cover the cost of school. An additional $18.27 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 University New Orleans 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 University New Orleans was $41,397 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Loyola University New Orleans seem more manageable.
Estimated Net Cost for Full-Time Students | |
---|---|
On-Campus | $20,173 |
Off-Campus | $8,343 |
What will attending Loyola University New Orleans 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 University New Orleans'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 University New Orleans does not have guaranteed tuition.
Loyola University New Orleans offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.
Schools sometimes waiver tuition for certain groups, to reduce the total cost of attendance. Some schools offer tuition waivers for employees and their family members, underrepresented students, or military students. Even with a tuition waiver, other expenses and fees are the responsibility of the student.
Loyola University New Orleans has some full or partial tuition waivers available for: - Employees or Children of Employees
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 University New Orleans's endowment was valued at $215.1 million in 2023, compared to a national average of $905 million. The school spends $11,135 for each full-time student enrolled.
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Tuition & Fees
$61,570
In State$61,570
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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