In the 2016-2017 academic year, full-time freshman students of Loyola University New Orleans were awarded a total amount of $17,994,237 in grant and $2,736,311 in federal student loans. 98% of freshman students received some type of financial aid either in the form of grant or scholarship from the federal, state or local government and the institution. 65% of the freshman students received federal student loan.
The following tables details the breakdown of all types of financial aid awarded to full-time undergrad students who entered the college in Fall 2016
|Students Receiving Aid||Average Amount||Total Amount|
|Other Federal Grant||197||30%||$731||$144,000|
|Total Grant & Scholarships||647||98%||$27,812||$17,994,237|
|Students Receiving Loans||Average Amount||Total Amount|
|Federal Student Loans||431||65%||$6,349||$2,736,311|
The following table shows Federal Family Education Loan (FFEL) Program and William D. Ford Federal Direct Loan (Direct Loan) borrowers statistics and default rates for Loyola University New Orleans from 2012 to 2014 and comparisons between the school's default rates and similar schools in the state and national average.
|Fiscal Year||Borrowers||Defaulters||School||State Avg.||National Avg.|
This section details the amount of financial aid provided to Loyola University New Orleans students over the past 5 years. The data is categorized into 5 income brackets. Click on each income bracket to view the amount of finanical aid provided and the number of recipients for the past 5 years.
Weather your family is financially well-off or unaffluent, you might be eligible for some type of financial aid in the form of grant, loan or scholarship. No matter what your situation is, you should first apply for Federal Student Aid (FAFSA). Colleges and universities use the information from your FAFSA and federal tax return to calculate your Expected Family Contribution (EFC). Your EFC determines how much financial aid you're eligible to receive.
This section details the net prices paid by students in the 2016-2017 academic year at Loyola University New Orleans. The amounts are averaged out for 5 family income brackets.
Average Net Price by Family Income
|Family Income||Average Net Price|
|Less than $30,000||$17,186|
|$30,000 to $48,000||$18,769|
|$48,000 to $75,000||$19,952|
|$75,000 to $110,000||$24,242|
|Get your personal estimate|
The following section details the amount of financial aid provided to veteran students and their family members at Loyola University New Orleans.
In 2016-2017 academic year, 81 students received an average amount of $18,574 in financial aid in the form of post-9/11 GI bill benefits and 2 students received $3,500 on average through yellow ribbon program.
Unlike other types of government financial aid, veterans financial aid is available to both undergraduates and graduate students.
Nearby 4 year colleges within 100 mile radius of Loyola University New Orleans.