How Loyola University Maryland's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Loyola University Maryland since 2013.

For that period, the average number of students who received grants aid/scholarships is 3,250, which is 81.78 % of all undergraduate students. 2,086 students which is 52.22% of undergraduate students received federal student loans and the average loan amount is $6,615.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	2,577 (64%)	$25,078	571 (14%)	$3,907	2,136 (53%)	$6,883
2014-15	2,857 (70%)	$25,481	573 (14%)	$4,110	2,310 (57%)	$6,339
2015-16	3,032 (75%)	$25,848	584 (14%)	$4,126	2,147 (53%)	$6,845
2016-17	3,275 (80%)	$25,830	525 (13%)	$4,079	2,175 (53%)	$6,905
2017-18	3,320 (84%)	$26,677	544 (14%)	$4,244	2,090 (53%)	$6,683
2018-19	3,385 (87%)	$26,966	545 (14%)	$4,437	2,044 (52%)	$6,556
2019-20	3,582 (90%)	$28,139	551 (14%)	$4,551	2,076 (52%)	$6,555
2020-21	3,584 (92%)	$29,787	596 (15%)	$4,932	1,809 (46%)	$6,388
2021-22	3,635 (94%)	$32,393	608 (16%)	$5,049	1,983 (51%)	$6,381
Average	3,250 (81.78%)	$27,355	566 (14.22%)	$4,382	2,086 (52.22%)	$6,615

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

Overview

For the last 10 years, on average, 929 (88.56 % of students) received grants or scholarships and its average amount is $28,410. It can cover 51.21% of tuition & fees ($55,480).

In addition, 596 (56.44 % of students) students get helped from the students loans (average amount : $8,769).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	833 (76%)	$24,448	605 (55%)	$8,921
2014-15	847 (75%)	$25,002	685 (60%)	$6,989
2015-16	853 (83%)	$26,914	599 (58%)	$8,949
2016-17	982 (90%)	$26,091	622 (57%)	$8,749
2017-18	911 (89%)	$25,223	569 (56%)	$9,102
2018-19	970 (91%)	$27,970	588 (55%)	$9,364
2019-20	1,040 (96%)	$29,944	618 (57%)	$9,154
2020-21	978 (98%)	$33,475	541 (54%)	$8,158
2021-22	946 (99%)	$36,621	538 (56%)	$9,532
Average	929 (88.56%)	$28,410	596 (56.44%)	$8,769

^*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.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 162 (15.44 % of students) received Pell (federal) grants and its average amount is $4,462.

In addition, 63 students received State/local government grants/scholarships (6.11 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	165 (15%)	$4,065	140 (13%)	$1,559	70 (6%)	$4,123	833 (76%)	$23,034
2014-15	152 (13%)	$4,248	127 (11%)	$2,274	47 (4%)	$3,466	843 (74%)	$23,819
2015-16	168 (16%)	$4,213	142 (14%)	$2,116	52 (5%)	$4,409	848 (82%)	$25,613
2016-17	137 (13%)	$4,185	118 (11%)	$2,827	39 (4%)	$5,116	980 (89%)	$25,015
2017-18	143 (14%)	$4,287	111 (11%)	$1,572	57 (6%)	$8,132	906 (89%)	$23,981
2018-19	162 (15%)	$4,549	108 (10%)	$917	57 (5%)	$7,191	962 (90%)	$26,907
2019-20	160 (15%)	$4,499	122 (11%)	$909	65 (6%)	$6,633	1,040 (96%)	$28,731
2020-21	188 (19%)	$5,034	158 (16%)	$1,178	93 (9%)	$7,633	978 (98%)	$31,592
2021-22	179 (19%)	$5,080	127 (13%)	$1,213	91 (10%)	$7,833	946 (99%)	$34,744
Average	162 (15.44%)	$4,462	128 (12.22%)	$1,618	63 (6.11%)	$6,060	926 (88.11%)	$27,048

^*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..

Student Loans

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, 596 (56.44 % of students) get any students loan help and its average loan amount is $596.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	605 (55%)	$8,921	588 (54%)	$5,650	417 (38%)	$4,977
2014-15	685 (60%)	$6,989	676 (60%)	$5,247	65 (6%)	$19,077
2015-16	599 (58%)	$8,949	590 (57%)	$5,901	108 (10%)	$17,398
2016-17	622 (57%)	$8,749	606 (55%)	$5,910	97 (9%)	$19,182
2017-18	569 (56%)	$9,102	561 (55%)	$5,705	86 (8%)	$23,010
2018-19	588 (55%)	$9,364	575 (54%)	$5,365	196 (18%)	$12,353
2019-20	618 (57%)	$9,154	596 (55%)	$5,385	239 (22%)	$10,242
2020-21	541 (54%)	$8,158	527 (53%)	$5,324	93 (9%)	$17,288
2021-22	538 (56%)	$9,532	526 (55%)	$5,335	117 (12%)	$19,847
Average	596 (56.44%)	$8,769	583 (55.33%)	$5,536	158 (14.67%)	$15,930

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Scholarships, Grants, and Loan Trends at Loyola University Maryland

All Undergraduate Students Financial Aid Over Time

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