by our College Data Analytics TeamHere you will find what students actually borrow to attend Loyola University Maryland, including completion-adjusted borrowing and a standard repayment estimate. These figures are reported by the Department of Education and IPEDS.
Among first-year students at Loyola Maryland, 56% of incoming undergraduates borrow in year one, borrowing on average $10,030 each — a figure that counts both private and federal student loans.
The average federal loan is $5,328, representing 96.9% of the $5,500 first-year borrowing cap for the typical first-year dependent student. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
For undergraduates overall at Loyola Maryland, 53% take out federal student loans, at an average of $6,226 a year. This is 16.9% larger than the freshman federal average of $5,328.
Borrowing at that rate every year works out to about $12,452 across two years and $24,904 by the fourth year. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 53% |
| Average federal loan per year | $6,226 |
| Undergraduates with a federal loan | 2,092 |
| Total federal loans (one year) | $13,025,426 |
Graduating and withdrawing students at Loyola Maryland carry a median federal debt of $23,882 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $23,882 |
| Students who completed (graduates) | $27,000 |
| Students who withdrew | $5,500 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Loyola Maryland.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $12,500 |
| 75th percentile | $27,500 |
| 90th percentile (highest-debt students) | $31,000 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Loyola Maryland.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Loyola Maryland.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 952 | $42,717 |
| Completed (graduates) | 689 | $50,344 |
| Did not complete | 263 | $23,217 |
On a standard 10-year plan, the median completing borrower would pay about $598.64/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Loyola Maryland.
Any-Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 936 | — |
| No Stafford loan | 16 | — |
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 740 | $48,275 |
| No Stafford loan this year | 212 | $25,000 |
The indicators below describe what the typical debt costs to pay back at Loyola Maryland.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. Two-year cohort default-rate data for Loyola Maryland follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 2.0% |
| Borrowers in the cohort | 958 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $21,500 |
| Middle income | $27,000 |
| High income | $23,250 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $25,000 |
| Continuing-generation students | $23,398 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $24,249 |
| Independent students | $12,500 |
Federal data publishes the following gap measures for Loyola Maryland.
Subsidized and Unsubsidized Loans
Subsidized loans pause interest while you are in school; unsubsidized loans do not. That difference compounds over four years, so the type of loan you take matters as much as the amount.
Worth Knowing
Unlike most other debt, federal student loans generally survive bankruptcy — and unpaid balances can lead to wage garnishment — so borrow only what you truly need.
References
More about our data sources and methodologies.