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Can You Really Afford Loyola University New Orleans?

Below is the data on what it actually costs to attend Loyola University New Orleans, from sticker cost of attendance and projected degree cost to net price, debt at graduation, and aid breakdowns.

$61,837.00 Cost of Attendance
$23,696.00 Avg Net Price
$18,500.00 Median Grad Debt

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

How Much Does It Cost to Attend Loyola University New Orleans?

The full cost of attending Loyola University New Orleans works out to about $61,837.00 a year.

Here the cost is broken out three ways: no aid, average aid, and the aid a low-income student typically receives.

Published Cost for Students (no aid)

Tuition and fees $49,440.00
+ Room, board & other expenses $12,397.00
Total cost $61,837.00
That is 89% above the national average net price.

What Students Actually Pay — Students (with average aid)

Total cost $61,837.00
− Grants and scholarships −$40,461.00
Net price $21,376.00
That is 35% below the national average net price.

Net Price for Low-Income Undergraduates

Total cost $61,837.00
− Grants and scholarships −$44,026.00
Net price $17,811.00
That is 46% below the national average net price.
For the full breakdown, see tuition and fees and room and board.

The Long-Run Cost of a Degree at Loyola University New Orleans

Cost of attendance here has been rising by roughly 4.4% a year, so a full degree will cost more than a single year — the tables below carry that forward. Below, the cost is projected across a degree for three students at once — low-income with aid, average aid, and no aid. 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 4.4% 4.4% 4.4%
Freshman year $18,588.00 $22,308.00 $64,535.00
Senior year $21,128.00 $25,357.00 $73,354.00
Total 4-year net price $79,360.00 $95,245.00 $275,526.00
10-year loan interest @ 6.8% $30,233.00 $36,285.00 $104,965.00
Total monthly payment $913.00 $1,096.00 $3,171.00
Total amount paid $109,593.00 $131,529.00 $380,491.00
Projected 2-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 4.4% 4.4% 4.4%
Freshman year $18,588.00 $22,308.00 $64,535.00
Senior year $19,399.00 $23,282.00 $67,350.00
Total 2-year net price $37,987.00 $45,590.00 $131,884.00
10-year loan interest @ 6.8% $14,472.00 $17,368.00 $50,243.00
Total monthly payment $437.00 $525.00 $1,518.00
Total amount paid $52,458.00 $62,958.00 $182,127.00

Read more in the Net Price section.

Net Price — What Students Actually Pay at Loyola University New Orleans

Net price reflects the true cost to attend after grant and scholarship aid is deducted. It is usually a better planning number than the sticker cost above.

Average net price (on-campus) $23,696.00
Average net price (off-campus) $22,762.00

Net price is far from uniform: lower-income families typically pay much less after aid. Here is the average net price for each family-income range:

Family income Average net price
Under $30,000 $19,013.00
$30,000 to $48,000 $19,826.00
$48,001 to $75,000 $20,476.00
$75,001 to $110,000 $24,269.00
Over $110,000 $30,947.00

Get a tailored estimate from the Loyola University New Orleans Net Price Calculator, or reach out to the financial aid office.

Want to know how that aid is awarded? See the grants & scholarships detail.

Student Debt at Loyola University New Orleans

The median amount borrowed by graduates of Loyola University New Orleans is $18,500.00, categorized as a Low ($10-20k) debt-burden category.

The full distribution of debt at graduation looks like this:

Percentile Debt at graduation
10th $5,250.00
25th $8,980.00
Median (50th) $18,500.00
75th $27,000.00
90th $31,417.00

The distance from the 10th to the 90th percentile shows how widely debt outcomes vary.

Dig deeper into debt on the student loan debt page.

Debt Outcomes by Family Income at Loyola University New Orleans

Debt outcomes vary substantially with family income. The figures below split graduating borrowers into three income brackets:

Family income Median debt at graduation
Low income $15,875.00
Middle income $19,460.00
High income $19,500.00

First-Gen vs Continuing-Gen Debt at Loyola University New Orleans

First-generation students frequently graduate with different debt than continuing-generation students.

Student group Median debt at graduation
First-generation students $17,432.00
Continuing-generation students $19,500.00

Pell Grant Recipients and Debt at Loyola University New Orleans

Pell Grants are the largest source of federal need-based aid for undergrads. The Pell vs non-Pell debt gap reveals how borrowing differs by need.

The Pell-versus-non-Pell median debt difference at Loyola University New Orleans stands at $1,250.00. This institution is flagged by federal data for Pell-debt inequity.

How Borrowers Repay Loans After Loyola University New Orleans

The default-rate classification at Loyola University New Orleans is Low (<5%).

Window Cohort default rate
2-year 3.7%

For context on the loan portfolio, Stafford disbursements at Loyola University New Orleans come to $592,730,152.00 covering 19,096 recipients.

Military and Veteran Aid at Loyola University New Orleans

Veterans and active-duty students can access dedicated federal education aid including the GI Bill and Department of Defense tuition support.

GI Bill recipients 45
Avg GI Bill amount $27,119.00

For the full rundown of veteran and military benefits, see the college veterans page.

Further Questions to Consider

Numbers only tell part of the story. As you weigh Loyola University New Orleans, a few questions are worth asking:

Keep Researching on Loyola University New Orleans

For a closer look at any of these topics, follow the links below:

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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