Loyola University Maryland Tuition and Fees

By Susan Guillory

(Last Updated – 05/2023)

Total Cost of Attendance

Loyola University Maryland is a private Jesuit institution located in Baltimore. It’s best known for its undergraduate business programs but boasts more than 50 undergraduate programs across three colleges. For the 2026-27 academic year, tuition and fees are $61,810, and in- and out-of-state students pay the same amount. However, students can expect to pay additional expenses, which are shown in the table below.

Costs for 2026-27

Financial Aid

Understanding how a university has distributed student loans and scholarships in the past can help students plan out the cost of attendance. Nearly all of Loyola students (99%) receive some type of financial aid award to help them pay for school, 98% of whom receive gift-based aid in the form of grants and scholarships. Pell Grants, which is a federal student loan program for students who demonstrate an exceptional financial need, were awarded to 23.8% of Loyola students in the 2024-2025 academic year.

Explore financial aid options: Maryland Student Loan & Scholarships.

Generally, financial aid is monetary assistance awarded to students based on personal need and merit. Students who qualify for financial aid can use it to pay for college costs such as tuition, books, and living expenses.

The federal government is the largest provider of student financial aid. However, aid can also be given by state governments, colleges and universities, private companies, and nonprofits. The different types include:

•  Scholarships: These can be awarded by schools and other organizations based on students’ academic excellence, athletic achievement, community involvement, job experience, field of study, and financial need.

•  Grants: Generally based on financial need, these can come from federal, state, private, and nonprofit organizations.

•  Work-study: This federal program provides qualifying students with part-time employment to earn money for expenses while in school.

•  Federal student loans: This is money borrowed directly from the U.S. Department of Education. It comes with fixed interest rates that are typically lower than private loans.

Colleges, universities, and state agencies use the Free Application for Federal Student Aid (FAFSA®) to determine financial aid eligibility. The FAFSA can be completed online, but note that state, federal, and school deadlines may differ.

You can find other financial aid opportunities on databases such as:

•  U.S. Education Department – Search for grants from colleges and universities by state

•  College Scholarship Service Profile (CSS) – A global college scholarship application used by select institutions to award financial aid

Recommended: The Differences Between Grants, Scholarships, and Loans

Private Student Loans

In addition to financial aid provided by the school, some Loyola students seek out private student loans as part of their financial aid package. According to the National Center for Education Statistics (NCES), 56% of Loyola students borrow student loans, 13% of which are from nonfederal lenders, averaging $21,623 per student per academic year.

Private loans are funded by private organizations such as banks, online lenders, credit unions, some schools, and state-based or state-affiliated organizations. While federal student loans have interest rates that are regulated by Congress, private lenders follow a different set of regulations, so their qualifications and interest rates can vary widely.

What’s more, private loans have variable or fixed interest rates that may be higher than federal loan interest rates, which are always fixed. Private lenders may (but don’t always) require you to make payments on your loans while you are still in school, compared to federal student loans, which you don’t have to start paying back until after you graduate, leave school, or change your enrollment status to less than half-time.

Private loans don’t have a specific application window and can be applied for on an as-needed basis. However, if you think you may need to take out a private loan, it’s a good idea to submit your FAFSA first to see what federal aid you may qualify for, as it generally may have better rates and terms.

If you’ve missed the FAFSA deadline or you’re struggling to pay for school throughout the year, private loans could potentially help you make your payments. Just keep in mind that you will need enough lead time for your loan to process and for your lender to send money to your school.

Recommended: Guide to Private Student Loans

Projected 4-Year-Degree Price

The cost of attending any college varies year over year. At Loyola University, the net price for one academic year in 2026-27 is $83,620, without merit or need-based financial aid. The projected cost for a four-year degree is $334,480. For comparison, the average cost of a four-year degree at a private nonprofit institution in 2025-26 was $180,000, according to the College Board.

This student loan and scholarship information may be valuable as you research schools and costs.

Undergraduate Tuition and Fees

Costs for 2026-27

Loyola University tuition and fees for the 2026-27 academic year are $61,810, regardless of state residency status. With on-campus room and board included, the total cost of attendance is $81,750. In comparison, the national average for a private, nonprofit university offering four-year degrees is $58,628 per year, based on the latest information from the Education Data Initiative.

Graduate Tuition and Fees

For the 2024-2025 year, the average Loyola University Maryland tuition for a graduate program was $20,070. This figure is lower than the national average cost of a master’s degree at a private institution, which was $64,440 in 2025. Many students at Loyola opt for graduate loans to help cover these costs.

Cost per Credit Hour

At Loyola University Maryland, the tuition cost per credit for part-time students is $975 for undergraduate courses in the 2026-27 academic year. Generally, a minimum of 120 credits is required to be eligible for an undergraduate degree, which means tuition alone can cost up to $117,000 to complete a four-year degree as a part-time student.

Campus Housing Expenses

Costs for 2026-27

A majority of Loyola students live on campus, with more than 80% residing in campus housing through their senior year. Room and board for the 2026-27 school year cost $19,940.

Off-campus housing is also an option for Loyola students. The average rent in Baltimore for a one-bedroom apartment was $1,200 in May 2026, according to Zillow. According to NCES, the average cost of room and board for off-campus students during the 2024-25 school year was $11,320. That’s based on not living with family.

Loyola University Maryland Acceptance Rate

Fall 2025

Admission Requirements

Students who are interested in applying to Loyola University Maryland during the regular decision period must submit their application by the January 15 deadline ahead of the academic year they wish to attend (so January 15, 2026, to attend Loyola for the 2026-27 school year). To be an eligible applicant, first-year students must include certain requirements in their application.

Required:

•  High school GPA

•  High school transcripts

•  High school counselor recommendation

•  Test of English as a Foreign Language, if needed

Recommended:

•  Completion of a college-preparatory program

•  Record of extracurricular activities

SAT and ACT Scores

SAT and ACT scores are not required to apply to Loyola University Maryland. However, students may choose to submit their test score results to the university, if desired. Looking at the Loyola class of 2029, 73% of enrolled students applied test optional. The middle 50% of those who did submit scores had the following ranges:

Though there are no required test scores for admissions, here are the scores by subject at the 25th and 75th percentiles:

Popular Majors at Loyola University Maryland

The institution is known for its business programs but offers more than 40 academic majors. Below are the top 10 majors at Loyola University Maryland, based on degrees conferred in the 2023-24 year.

1. Psychology

The most popular major at Loyola is psychology. Students can earn a bachelor’s degree after completing courses on childhood development, multicultural psychology, and more. Additionally, students have the opportunity to do research alongside a faculty member.

Undergraduate degrees in 2023-24: 74

2. Marketing

Loyola University’s marketing program gives students a strong foundation in marketing fundamentals, analytics, and strategic communication. Students have the opportunity to gain hands-on experience with expert faculty and senior-level executives.

Undergraduate degrees in 2023-24: 69

3. Communications

Students who are interested in learning about communications and media can explore Loyola University’s Communication and Media program. It requires 13 courses, and students can concentrate in areas that include journalism, television, radio, advertising, public relations, graphic design, digital audio and video, and web development.

Undergraduate degrees in 2023-24: 68

4. Biology/Biological Sciences

Biology majors at Loyola University Maryland are required to complete a minimum of 10 courses in the biology department as well as classes in the chemistry, physics, and mathematical science departments.

Undergraduate degrees in 2023-24: 66

5. Finance

Finance is a popular major at Loyola that prepares students for careers in corporate finance, investment banking, wealth management, and financial consulting. Students can leverage internships and connections through the school’s extensive network to secure roles in this field.

Undergraduate degrees in 2023-24: 66

6. Accounting

Like finance, Loyola’s accounting program is a popular major among students. It’s accredited by the Association to Advance Collegiate Schools of Business (AACSB) and includes courses like taxation and cost accounting, while also allowing students to tailor their course loads to fit their professional goals, like pursuing a CPA track.

Undergraduate degrees in 2023-24: 45

7. Multi-/Interdisciplinary Studies

Students who want to study more than one subject have the option to choose interdisciplinary studies that allow them to explore multiple academic pathways. They can choose from 17 established interdisciplinary major pathways in areas including philosophy, biology, and mathematics, among others.

Undergraduate degrees in 2023-24: 44

8. Speech-Language Pathology

Students who are interested in becoming speech-language pathologists or audiologists can look into Loyola’s undergraduate program in the speech, language, and hearing sciences. It combines academic coursework with some hands-on service-learning components in the field.

Undergraduate degrees in 2023-24: 37

9. Computer Science

Students who want to study computer science at Loyola University Maryland can get either a Bachelor of Science or a Bachelor of Arts in the field. Both tracks require students to take courses in computer science and mathematical science and to complete a capstone project with real-world clients.

Undergraduate degrees in 2023-24: 34

10. Elementary Education

Loyola University’s Bachelor of Arts in Elementary Education blends a liberal arts foundation with studies in teaching methods and a mixture of other subjects, including English, math, and social studies. Students in this program gain experience in the classroom and automatically meet academic requirements for licensure in Maryland and in other states with reciprocity agreements.

Undergraduate degrees in 2023-24: 31

Certificates

Loyola University Maryland offers a wider range of certificate programs through the ASPIRE online extended learning community. Programs include topics such as leadership, project management, and entrepreneurship. All classes take place online, and prices vary from $4,150 for a six-month leadership essentials program to $813 for a 44-hour-long program on nonprofit management.

Graduation Rate

Here are the graduation rates for Loyola University Maryland students pursuing bachelor’s degrees who began school full-time in the fall of 2017:

•  4 years: 76%

•  6 years: 80%

•  8 years: 80%

Post-Graduation Median Earnings

The national average salary for a college graduate with a bachelor’s degree is about $92,260. Students who graduated from Loyola University and have been in the workforce for at least 10 years earned a median salary of $125,800. This is notably higher than average.