College Factual  by our College Data Analytics Team
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Loyola University New Orleans G.I. Bill® Tuition Assistance

Wondering what the G.I. Bill® actually covers at Loyola New Orleans? The answer depends on the school — benefits are capped and the details vary, so it pays to do your research.

$47,240 Veteran Tuition & Fees
$20,235 Guaranteed Post-9/11 Benefit
$27,005 Tuition Out of Pocket

Veterans at Loyola University New Orleans Pay About $27,005 Out of Pocket for Tuition

Here is how the Post-9/11 GI Bill® tuition benefit stacks up against the published cost of attending Loyola New Orleans. See the living-expense and book sections below for those benefits.

ItemAmount
Veteran tuition & fees$47,240
Guaranteed Post-9/11 tuition benefit$20,235
Tuition out of pocket$27,005

Private College Tuition Exceeds the GI Bill® Cap

The Post-9/11 GI Bill® limits the annual tuition benefit to roughly $20,235, so tuition beyond that is out of pocket (or covered by Yellow Ribbon) at Loyola New Orleans.

Yellow Ribbon Program Participant

Loyola University New Orleans participates in the Yellow Ribbon Program, which can cover tuition and fees beyond the Post-9/11 GI Bill® cap through matching funds from the school and the VA. About 23 Yellow Ribbon recipients were reported at this school.

Seat counts and matching amounts change by program each year; verify the details with the schools military and veteran services team.

Per-Credit Fees and the Active-Duty Tuition Assistance Cap

DoD Tuition Assistance pays up to $250 per credit hour for active-duty students; here is how the per-credit charge at Loyola New Orleans compares.

ResidencyPer-credit chargeBelow $250 cap?
In-state$1,030no
Out-of-state$1,030no

Housing Allowance Coverage

The Post-9/11 GI Bill® also covers housing through a Monthly Housing Allowance (MHA). Here is how that benefit compares to the estimated cost of living at Loyola New Orleans.

ItemAmount
Estimated living expenses (room & board, academic year)$15,000
Post-9/11 monthly housing allowance (MHA)$1,977/mo
Housing benefit (academic year, ~8 months)$15,816
Estimated surplus in your pocket$816

At this school the academic-year housing benefit exceeds typical living costs, so most full-time students come out ahead. The MHA is based on the school’s ZIP code and is paid at the full-time rate for resident students.

Your Books and Supplies Are Likely Covered

The Post-9/11 GI Bill® pays a books-and-supplies stipend of up to $1,000 per year. Estimated book and supply costs at Loyola New Orleans run about $1,300, leaving about $300 out of pocket.

GI Bill® & DoD Benefits Used at Loyola University New Orleans

Beyond the coverage math above, this is how much veteran education-benefit money actually flows to Loyola New Orleans.

Approximately 48 students drew Post-9/11 GI Bill® tuition benefits totaling $946,491.

BenefitRecipientsTotal disbursedAverage / recipient
GI Bill® (all students)45$1,220,357$27,119
GI Bill® — undergraduate29$910,149
GI Bill® — graduate16$310,208
DoD Tuition Assistance (all)0$0
DoD TA — undergraduate0$0
DoD TA — graduate0$0

GI Bill® dollars are paid on the veterans behalf, while DoD Tuition Assistance supports active-duty service members.

References

More about our data sources and methodologies.

GI Bill® is a registered trademark of the U.S. Department of Veterans Affairs (VA). More information about education benefits offered by VA is available at the official U.S. government website at benefits.va.gov/gibill.

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