Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 2,661, which is 91.56 % of all undergraduate students. 1,806 students which is 62.22% of undergraduate students received federal student loans and the average loan amount is $6,507.

For full-time, first-time beginning students (freshmen), 98.89% of students received grants or scholarships and 68% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows 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 2,661, which is 91.56 % of all undergraduate students. 1,806 students which is 62.22% of undergraduate students received federal student loans and the average loan amount is $6,507.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,696 (92%)$21,262905 (31%)$4,1672,087 (71%)$6,383
2014-152,576 (92%)$20,881867 (31%)$4,1912,023 (72%)$5,760
2015-162,454 (91%)$24,237835 (31%)$4,2941,566 (58%)$6,852
2016-172,262 (92%)$25,649773 (32%)$4,2841,484 (61%)$6,907
2017-182,409 (95%)$27,603813 (32%)$4,4641,577 (62%)$6,737
2018-192,647 (89%)$27,753991 (33%)$4,5641,767 (59%)$6,513
2019-202,837 (89%)$28,4971,122 (35%)$4,8511,905 (60%)$6,660
2020-212,966 (92%)$29,8541,148 (36%)$5,0871,898 (59%)$6,635
2021-223,098 (92%)$31,7011,272 (38%)$5,2541,947 (58%)$6,118
Average2,661 (91.56%)$26,382970 (33.22%)$4,5731,806 (62.22%)$6,507
*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.

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

For the last 10 years, on average, 724 (98.89 % of students) received grants or scholarships and its average amount is $29,093. It can cover 61.59% of tuition & fees ($47,240).

In addition, 493 (68.11 % of students) students get helped from the students loans (average amount : $6,865).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14606 (98%)$23,598448 (72%)$7,241
2014-15604 (99%)$23,203544 (89%)$5,542
2015-16647 (98%)$27,812435 (66%)$7,902
2016-17602 (98%)$27,972408 (67%)$7,038
2017-18796 (99%)$30,158534 (67%)$6,386
2018-19759 (99%)$29,000498 (65%)$7,080
2019-20820 (99%)$31,848538 (65%)$6,982
2020-21762 (100%)$32,645470 (61%)$7,094
2021-22922 (100%)$35,604558 (61%)$6,516
Average724 (98.89%)$29,093493 (68.11%)$6,865
*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, 273 (36.89 % of students) received Pell (federal) grants and its average amount is $4,722.

In addition, 256 students received State/local government grants/scholarships (34.89 % 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
2013-14217 (35%)$4,35698 (16%)$662206 (33%)$3,984606 (98%)$20,577
2014-15215 (35%)$4,385168 (28%)$688225 (37%)$4,400603 (99%)$19,845
2015-16228 (34%)$4,579197 (30%)$731231 (35%)$5,039646 (98%)$24,214
2016-17199 (33%)$4,347183 (30%)$727200 (33%)$5,532601 (98%)$24,517
2017-18277 (35%)$4,570239 (30%)$740332 (41%)$5,843796 (99%)$25,909
2018-19292 (38%)$4,654135 (18%)$734236 (31%)$5,734753 (98%)$25,497
2019-20340 (41%)$5,100293 (35%)$731273 (33%)$5,743820 (99%)$27,560
2020-21290 (38%)$5,120199 (26%)$1,404282 (37%)$5,881761 (99%)$28,190
2021-22399 (43%)$5,386309 (34%)$1,721317 (34%)$6,028918 (100%)$30,757
Average273 (36.89%)$4,722202 (27.44%)$904256 (34.89%)$5,354723 (98.67%)$25,230
*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, 493 (68.11 % of students) get any students loan help and its average loan amount is $493.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14448 (72%)$7,241447 (72%)$6,00241 (7%)$13,689
2014-15544 (89%)$5,542544 (89%)$4,83929 (5%)$13,174
2015-16435 (66%)$7,902431 (65%)$6,34944 (7%)$15,935
2016-17408 (67%)$7,038405 (66%)$6,26825 (4%)$13,331
2017-18534 (67%)$6,386532 (66%)$5,50832 (4%)$15,001
2018-19498 (65%)$7,080494 (64%)$5,51953 (7%)$15,084
2019-20538 (65%)$6,982532 (64%)$5,59751 (6%)$15,267
2020-21470 (61%)$7,094467 (61%)$5,45749 (6%)$16,032
2021-22558 (61%)$6,516557 (60%)$5,11551 (6%)$15,435
Average493 (68.11%)$6,865490 (67.44%)$5,62842 (5.78%)$14,772

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