Scholarships, Grants, and Loan Trends at Loyola Marymount

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 5,326, which is 81.56 % of all undergraduate students. 2,483 students which is 38.33% of undergraduate students received federal student loans and the average loan amount is $6,650.
For full-time, first-time beginning students (freshmen), 90.89% of students received grants or scholarships and 40% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Loyola Marymount University since 2013.
For that period, the average number of students who received grants aid/scholarships is 5,326, which is 81.56 % of all undergraduate students. 2,483 students which is 38.33% of undergraduate students received federal student loans and the average loan amount is $6,650.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-144,738 (76%)$18,4031,228 (20%)$4,3392,814 (45%)$6,833
2014-154,820 (78%)$18,7181,210 (20%)$4,4202,793 (45%)$6,957
2015-164,877 (78%)$20,0171,247 (20%)$4,4242,610 (42%)$6,784
2016-174,887 (78%)$20,7621,093 (17%)$4,4432,481 (40%)$6,761
2017-184,953 (77%)$21,3381,117 (17%)$4,6222,464 (39%)$7,147
2018-195,257 (78%)$21,9421,140 (17%)$4,8032,443 (36%)$6,420
2019-205,668 (84%)$22,1011,019 (15%)$4,8132,304 (34%)$6,446
2020-216,477 (97%)$20,281955 (14%)$4,9762,134 (32%)$6,246
2021-226,258 (88%)$23,011945 (13%)$5,1982,301 (32%)$6,255
Average5,326 (81.56%)$20,7301,106 (17.00%)$4,6712,483 (38.33%)$6,650

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 1,299 (90.89 % of students) received grants or scholarships and its average amount is $19,669. It can cover 33.63% of tuition & fees ($58,489).
In addition, 570 (40.00 % of students) students get helped from the students loans (average amount : $8,506).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,258 (94%)$16,382619 (46%)$8,131
2014-151,198 (89%)$18,407655 (49%)$8,273
2015-161,140 (84%)$19,473579 (43%)$8,620
2016-171,085 (82%)$19,787507 (38%)$7,516
2017-181,264 (87%)$20,764583 (40%)$8,338
2018-191,362 (90%)$19,877573 (38%)$9,135
2019-201,349 (92%)$21,780497 (34%)$10,083
2020-211,432 (100%)$19,651479 (33%)$7,820
2021-221,605 (100%)$20,901634 (39%)$8,634
Average1,299 (90.89%)$19,669570 (40.00%)$8,506
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.
The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 204 (14.11 % of students) received Pell (federal) grants and its average amount is $4,707.
In addition, 185 students received State/local government grants/scholarships (13.00 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14256 (19%)$4,410229 (17%)$1,245237 (18%)$8,7451,257 (94%)$13,621
2014-15249 (18%)$4,477218 (16%)$989228 (17%)$8,7341,198 (89%)$15,635
2015-16250 (18%)$4,409206 (15%)$969231 (17%)$8,7271,137 (84%)$16,607
2016-17164 (12%)$4,433128 (10%)$996147 (11%)$8,9681,077 (81%)$17,917
2017-18207 (14%)$4,695183 (13%)$980192 (13%)$8,7431,257 (87%)$18,628
2018-19201 (13%)$4,756179 (12%)$978172 (11%)$8,8841,360 (90%)$17,951
2019-20160 (11%)$4,8231,020 (70%)$458154 (11%)$8,7741,337 (91%)$20,038
2020-21149 (10%)$5,191249 (17%)$1,776120 (8%)$8,6671,432 (100%)$18,076
2021-22200 (12%)$5,168502 (31%)$3,911181 (11%)$8,9831,605 (100%)$18,020
Average204 (14.11%)$4,707324 (22.33%)$1,367185 (13.00%)$8,8031,296 (90.67%)$17,388
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students..
The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.
For the last 10 years, on average, 570 (40.00 % of students) get any students loan help and its average loan amount is $570.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14619 (46%)$8,131587 (44%)$5,457422 (31%)$4,336
2014-15655 (49%)$8,273649 (48%)$6,494129 (10%)$9,334
2015-16579 (43%)$8,620543 (40%)$5,210416 (31%)$5,197
2016-17507 (38%)$7,516483 (36%)$5,262296 (22%)$4,288
2017-18583 (40%)$8,338566 (39%)$5,133345 (24%)$5,669
2018-19573 (38%)$9,135536 (35%)$5,259367 (24%)$6,582
2019-20497 (34%)$10,083478 (33%)$5,251268 (18%)$9,334
2020-21479 (33%)$7,820466 (33%)$5,128193 (13%)$7,027
2021-22634 (39%)$8,634629 (39%)$5,133305 (19%)$7,362
Average570 (40.00%)$8,506549 (38.56%)$5,370305 (21.33%)$6,570
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