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Can You Afford Loyola University Chicago?

This overview lays out the cost of attending Loyola University Chicago, from sticker cost of attendance and projected degree cost to net price, debt at graduation, and aid breakdowns.

$64,167.00 Cost of Attendance
$36,079.00 Avg Net Price
$20,500.00 Median Grad Debt

If you want to dig into a particular figure, jump to any section below:

What Does It Cost to Attend Loyola University Chicago?

The full cost of attending Loyola University Chicago stands at about $64,167.00 per year.

The blocks below show what you would pay with no aid, with average aid, and as a low-income student.

Published Cost for Students (no aid)

Tuition and fees $53,710.00
+ Room, board & other expenses $10,457.00
Total cost $64,167.00
That is 96% above the national average net price.

What Students Actually Pay — Students (with average aid)

Total cost $64,167.00
− Grants and scholarships −$31,329.00
Net price $32,838.00
That is roughly at the national average net price.

Low-Income Net Price for Undergraduates

Total cost $64,167.00
− Grants and scholarships −$38,416.00
Net price $25,751.00
That is 21% below the national average net price.
Explore each piece on the tuition & fees page and living costs.

What a Full Degree Could Cost at Loyola University Chicago

Published costs have climbed year over year at a recent average of 4.0% per year; the projections below compound that across a degree. The detailed projections below compare a degree for a low-income aided student, an average-aid student, and a no-aid student. Loan math assumes ten-year repayment at 6.8% interest.

Projected 4-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 4.0% 4.0% 4.0%
Freshman year $26,770.00 $34,137.00 $66,706.00
Senior year $30,075.00 $38,353.00 $74,943.00
Total 4-year net price $113,606.00 $144,871.00 $283,085.00
10-year loan interest @ 6.8% $43,280.00 $55,191.00 $107,845.00
Total monthly payment $1,307.00 $1,667.00 $3,258.00
Total amount paid $156,885.00 $200,062.00 $390,930.00
Projected 2-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 4.0% 4.0% 4.0%
Freshman year $26,770.00 $34,137.00 $66,706.00
Senior year $27,829.00 $35,488.00 $69,346.00
Total 2-year net price $54,599.00 $69,626.00 $136,052.00
10-year loan interest @ 6.8% $20,800.00 $26,525.00 $51,831.00
Total monthly payment $628.00 $801.00 $1,566.00
Total amount paid $75,400.00 $96,151.00 $187,883.00

For the complete net-price picture, see the net-price section.

After-Aid Net Price at Loyola University Chicago

Net price reflects the true cost to attend after grant and scholarship aid is deducted. For most students, this is the more useful number than published tuition because it reflects the real out-of-pocket cost.

Average net price (on-campus) $36,079.00
Average net price (off-campus) $35,196.00

Net price is not the same for every family — it falls as financial need rises and grant aid increases. The breakdown below splits average net price across income brackets:

Family income Average net price
Under $30,000 $28,666.00
$30,000 to $48,000 $29,489.00
$48,001 to $75,000 $32,527.00
$75,001 to $110,000 $36,217.00
Over $110,000 $40,370.00

Use Loyola University Chicago Net Price Calculator, or contact the financial aid office.

Dig into how aid is awarded on the grants & scholarships detail.

Borrowing and Debt at Loyola University Chicago

The median graduating debt at Loyola University Chicago amounts to $20,500.00, landing it in the Moderate ($20-30k) debt-load classification.

Here’s how debt at graduation distributes across borrowers:

Percentile Debt at graduation
10th $3,282.00
25th $8,500.00
Median (50th) $20,500.00
75th $27,000.00
90th $33,000.00

How far apart the 10th and 90th percentiles sit tells you how uneven debt outcomes are.

Dig deeper into debt on the student-loan-debt breakdown.

Debt by Family Income at Loyola University Chicago

Debt at graduation is far from uniform across income levels. The figures below split graduating borrowers into three income brackets:

Family income Median debt at graduation
Low income $22,000.00
Middle income $22,000.00
High income $19,500.00

Low-income borrowers graduate with $2,500.00 more debt than their high-income peers.

Debt by First-Generation Status at Loyola University Chicago

First-generation college students often carry different debt loads than their continuing-generation peers.

Student group Median debt at graduation
First-generation students $20,500.00
Continuing-generation students $20,250.00

First-gen borrowers at Loyola University Chicago leave with $250.00 in extra median debt compared with continuing-generation peers.

Pell-Eligible Debt Outcomes at Loyola University Chicago

The Pell Grant is the largest federal grant for undergraduates from low-income families. Pell vs non-Pell comparisons surface how debt breaks down by need.

The Pell vs non-Pell debt gap at Loyola University Chicago amounts to $3,750.00. This school is flagged by the Department of Education for Pell-related debt inequity.

Loan Repayment and Default at Loyola University Chicago

The federal default-rate tier for Loyola University Chicago is Low (<5%).

Window Cohort default rate
2-year 3.1%

To put the rates in context, Stafford loans at Loyola University Chicago come to $1,698,683,244.00 covering 53,484 recipients.

Veterans Aid at Loyola University Chicago

Veterans and active-duty servicemembers can tap dedicated federal aid programs including the Post-9/11 GI Bill and Department of Defense Tuition Assistance.

GI Bill recipients 168
Avg GI Bill amount $22,967.00

Explore GI Bill and military aid in detail on the veterans benefits detail.

Questions Worth Asking

Numbers only tell part of the story. As you weigh Loyola University Chicago, think through the questions below:

Continue Your Research about Loyola University Chicago

Each page below covers one part of paying for college in more detail:

Data sources. Figures on this page draw from the U.S. Department of Education College Scorecard, the Integrated Postsecondary Education Data System (IPEDS), and MediaFactual editorial review. Net-price calculator and financial-aid office links are taken from the institution’s own published data.

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