What's the deal with Loyola University Maryland's tuition?

Hey everyone! I've been researching different schools and Loyola University Maryland caught my eye. I'm wondering if anyone has a good sense of the total cost, including tuition, fees, room and board. And how much financial aid does Loyola generally give out? Any help would be appreciated!

The total cost of attending Loyola University Maryland, like many similar institutions, is divided into a few different parts: tuition, fees, room, and board. As of the 2024-2025 academic year, the tuition is approximately $57,150 per year, room and board is about $17,700, and fees amount to roughly $1,500. However, please note that these figures are subject to change year by year, and other costs such as books and personal expenses also need to be taken into account.

As for financial aid, many students at Loyola University Maryland receive some form of assistance. According to the university's website, nearly 96% of incoming first-year students receive financial aid, and the average scholarship and grant award for the class of 2025 was more than $32,000. The types of aid can range from need-based scholarships and grants to merit-based scholarships. You can view some of the available scholarships here: https://www.loyola.edu/department/financial-aid/undergraduate/programs/scholarships.html.

For a more personalized estimate of what you might have to pay, I'd suggest using Loyola’s Net Price Calculator (https://www.collegenpc.com/LoyolaUniversityMaryland), which can give you an estimate based on your family's financial situation and your academic record. This can be an invaluable tool when figuring out which schools are affordable for you.

Just remember, while the sticker price of a university can seem daunting at first, the net price after financial aid can be quite a bit lower, and is what you should focus on when considering the cost of an institution. Best of luck in your research!