Hey guys, I'm considering Loyola Maryland for college, but I'm a little on the fence about it. I was wondering if anyone knows what the tuition is like there? I know I can Google it, but I want to hear some perspectives on if it's worth the cost or not? Any advice would be appreciated, thanks!
The tuition for Loyola University Maryland is indeed on the higher side, like many private colleges and universities. For the 2024-2025 academic year, the estimated tuition, fees, room and board amount to approximately $74,820. These estimates, however, don't include costs for books, personal expenses, transportation, and miscellaneous fees.
Though the figure might seem daunting, it's essential to consider the financial aid opportunities at Loyola. Around 99% of full-time undergrads receive some form of aid, keeping the net price quite a bit lower than the sticker price for most students. The average aid award for first time students is around $45,000, and that's before work-study or any loans you might take out. To get an estimate tailored to your personal situation, you can use their Net Price Calculator (https://www.loyola.edu/department/financial-aid/undergraduate/calculators.html) to gauge your expected family contribution.
As to whether it's worth the cost, that can heavily depend on your individual circumstances and how much you value the education and experiences offered by Loyola. Many students appreciate the small class sizes, faculty attention, and broad liberal arts education. Furthermore, some majors, such as Business and Communications, have notably strong programs with good post-graduation outcomes. If you are considering those or similar majors and feel you would benefit from a more personal education, Loyola Maryland could well be worth the investment. Make sure to weigh these factors and your financial situation against your long-term career and academic goals.
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