Hi guys! I'm a junior looking into Loyola Marymount University and would like to know more about the cost of attendance. Can someone provide info on their tuition, fees, and any potential scholarships or financial aid options? Thanks in advance!
Loyola Marymount University (LMU) is a private institution, and as such, it tends to have higher tuition and fees compared to public universities. For the 2024-2025 academic year, LMU's undergraduate tuition is approximately $61,867 per year. In addition, room and board costs around $22,026, depending on the type of housing and meal plan you choose. Other fees, such as student activity fees, health insurance, and books/supplies, can take the total cost of attendance close to $89,487 or more per year. Keep in mind that tuition and fees are subject to change from year to year.
However, it's essential to remember that financial aid and scholarships can help reduce the overall cost. LMU offers various scholarships based on academic merit, leadership, and community service. Some notable scholarships include the Arrupe Scholarship, LMU Achievement Awards, and Jesuit Community Scholarships. These are awarded to incoming freshmen, and no separate scholarship application is required, as you'll be considered for these awards based on your admission application.
Additionally, LMU offers departmental scholarships for students majoring in specific fields or participating in special programs, such as the School of Film and Television, the College of Business Administration, the School of Education, and Athletics. For these scholarships, requirements and application processes may vary, so it is essential to review the scholarship information on the relevant department's website.
Aside from scholarships, LMU provides need-based financial aid. To be considered for financial aid, you'll need to submit the Free Application for Federal Student Aid (FAFSA) and the CSS Profile. The university will use these forms to determine your eligibility for federal, state, and institutional aid, which can include grants, work-study programs, and low-interest loans.
Lastly, don't forget to explore external scholarships from local foundations, community organizations, and national scholarship programs. Each scholarship comes with specific eligibility criteria and deadlines, so make sure to search and apply to as many as possible to have the best chance of receiving additional financial support.
In summary, while the sticker price of attending LMU can be high, there are plenty of options for scholarships and financial aid to help offset the cost. I encourage you to research and apply for financial assistance to make your dream of attending Loyola Marymount University more achievable. Good luck!
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