How Loyola University New Orleans'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 New Orleans since 2013.

For that period, the average number of students who received grants aid/scholarships is 2,695, which is 91.50 % of all undergraduate students. 1,802 students which is 61.40% of undergraduate students received federal student loans and the average loan amount is $6,523.

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	2,696 (92%)	$21,262	905 (31%)	$4,167	2,087 (71%)	$6,383
2014-15	2,576 (92%)	$20,881	867 (31%)	$4,191	2,023 (72%)	$5,760
2015-16	2,454 (91%)	$24,237	835 (31%)	$4,294	1,566 (58%)	$6,852
2016-17	2,262 (92%)	$25,649	773 (32%)	$4,284	1,484 (61%)	$6,907
2017-18	2,409 (95%)	$27,603	813 (32%)	$4,464	1,577 (62%)	$6,737
2018-19	2,647 (89%)	$27,753	991 (33%)	$4,564	1,767 (59%)	$6,513
2019-20	2,837 (89%)	$28,497	1,122 (35%)	$4,851	1,905 (60%)	$6,660
2020-21	2,966 (92%)	$29,854	1,148 (36%)	$5,087	1,898 (59%)	$6,635
2021-22	3,098 (92%)	$31,701	1,272 (38%)	$5,254	1,947 (58%)	$6,118
2022-23	3,005 (91%)	$32,271	1,224 (37%)	$5,563	1,768 (54%)	$6,662
Average	2,695 (91.50%)	$26,971	995 (33.60%)	$4,672	1,802 (61.40%)	$6,523

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

Overview

For the last 11 years, on average, 731 (99.00 % of students) received grants or scholarships and its average amount is $29,791. It can cover 63.06% of tuition & fees ($47,240).

In addition, 491 (67.30 % of students) students get helped from the students loans (average amount : $6,960).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	606 (98%)	$23,598	448 (72%)	$7,241
2014-15	604 (99%)	$23,203	544 (89%)	$5,542
2015-16	647 (98%)	$27,812	435 (66%)	$7,902
2016-17	602 (98%)	$27,972	408 (67%)	$7,038
2017-18	796 (99%)	$30,158	534 (67%)	$6,386
2018-19	759 (99%)	$29,000	498 (65%)	$7,080
2019-20	820 (99%)	$31,848	538 (65%)	$6,982
2020-21	762 (100%)	$32,645	470 (61%)	$7,094
2021-22	922 (100%)	$35,604	558 (61%)	$6,516
2022-23	790 (100%)	$36,073	476 (60%)	$7,823
Average	731 (99.00%)	$29,791	491 (67.30%)	$6,960

^*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 11 years, on average, 280 (37.50 % of students) received Pell (federal) grants and its average amount is $4,818.

In addition, 255 students received State/local government grants/scholarships (34.50 % 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	217 (35%)	$4,356	98 (16%)	$662	206 (33%)	$3,984	606 (98%)	$20,577
2014-15	215 (35%)	$4,385	168 (28%)	$688	225 (37%)	$4,400	603 (99%)	$19,845
2015-16	228 (34%)	$4,579	197 (30%)	$731	231 (35%)	$5,039	646 (98%)	$24,214
2016-17	199 (33%)	$4,347	183 (30%)	$727	200 (33%)	$5,532	601 (98%)	$24,517
2017-18	277 (35%)	$4,570	239 (30%)	$740	332 (41%)	$5,843	796 (99%)	$25,909
2018-19	292 (38%)	$4,654	135 (18%)	$734	236 (31%)	$5,734	753 (98%)	$25,497
2019-20	340 (41%)	$5,100	293 (35%)	$731	273 (33%)	$5,743	820 (99%)	$27,560
2020-21	290 (38%)	$5,120	199 (26%)	$1,404	282 (37%)	$5,881	761 (99%)	$28,190
2021-22	399 (43%)	$5,386	309 (34%)	$1,721	317 (34%)	$6,028	918 (100%)	$30,757
2022-23	342 (43%)	$5,678	187 (24%)	$1,824	246 (31%)	$5,765	787 (99%)	$31,508
Average	280 (37.50%)	$4,818	201 (27.10%)	$996	255 (34.50%)	$5,395	729 (98.70%)	$25,857

^*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 11 years, on average, 491 (67.30 % of students) get any students loan help and its average loan amount is $491.

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	448 (72%)	$7,241	447 (72%)	$6,002	41 (7%)	$13,689
2014-15	544 (89%)	$5,542	544 (89%)	$4,839	29 (5%)	$13,174
2015-16	435 (66%)	$7,902	431 (65%)	$6,349	44 (7%)	$15,935
2016-17	408 (67%)	$7,038	405 (66%)	$6,268	25 (4%)	$13,331
2017-18	534 (67%)	$6,386	532 (66%)	$5,508	32 (4%)	$15,001
2018-19	498 (65%)	$7,080	494 (64%)	$5,519	53 (7%)	$15,084
2019-20	538 (65%)	$6,982	532 (64%)	$5,597	51 (6%)	$15,267
2020-21	470 (61%)	$7,094	467 (61%)	$5,457	49 (6%)	$16,032
2021-22	558 (61%)	$6,516	557 (60%)	$5,115	51 (6%)	$15,435
2022-23	476 (60%)	$7,823	465 (59%)	$5,608	70 (9%)	$15,938
Average	491 (67.30%)	$6,960	487 (66.60%)	$5,626	45 (6.10%)	$14,889

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Scholarships, Grants, and Loan Trends at Loyola University New Orleans

All Undergraduate Students Financial Aid Over Time

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