Loyola University Chicago

www.luc.edu

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2023 Undergraduate Tuition

$50,270

4.51% growth from 2022

2023 Average Net Price

$37,592

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

81.4%

40,468 Applicants

2023 Enrolled Students

17,397

86.1% Full-Time

2023 Graduation Rate

75.5%

2,009 Graduates

About

Loyola University Chicago is a higher education institution located in Cook County, IL. In 2023, the most popular Masters Degree concentrations at Loyola University Chicago were Social Work (430 degrees awarded), General Business Administration & Management (180 degrees), and Health Law (88 degrees).

In 2023, 5,716 degrees were awarded across all undergraduate and graduate programs at Loyola University Chicago. 67.9% of these degrees were awarded to women, and 32.1% awarded men. The most common race/ethnicity group of degree recipients was white (3,150 degrees), 3.56 times more than then the next closest race/ethnicity group, hispanic or latino (884 degrees).

The median undergraduate tuition at Loyola University Chicago is $50,270, which is $19,267 more than the national average for Doctoral Universities ($31,004).

In 2020 the default rate for borrower's at Loyola University Chicago was 0%, corresponding to 0 out of the 3,484 total borrowers.

Photo by Jaysin Trevino

Doctoral Universities: Higher Research Activity Doctoral Universities

Costs

In 2023, the median undergraduate tuition at Loyola University Chicago is $50,270, which is $19,267 more than the national average for Doctoral Universities ($31,004).

After taking grants and loans into account, the average net price for students is $37,592.

In 2023, 91% of undergraduate students attending Loyola University Chicago received financial aid through grants. Comparatively, 48% of undergraduate students received financial aid through loans.

Tuition Costs

$50,270

2023 Undergraduate Tuition

In 2023, the cost of tuition at Loyola University Chicago was $50,270. The cost of tuition at Loyola University Chicago is $19,267 more than than the overall (public and private) national average for Doctoral Universities ($31,004).

This chart compares the tuition costs of Loyola University Chicago (in red) with those of other similar universities.

Average Net Price

$37,592

2023 Value

0.216%

1 Year Growth

In 2023 Loyola University Chicago had an average net price — the price paid after factoring in grants and loans — of $37,592. Between 2022 and 2023, the average net price of Loyola University Chicago grew by 0.216%.

This chart compares the average net price of Loyola University Chicago (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$14,180

Room and Board

$1,200

Books and Supplies

The average yearly cost of room and board at Loyola University Chicago was of $14,180 in 2023. The cost of room and board increased by 2.58% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,200. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Loyola University Chicago (in red) with that of similar universities.

Financial Aid by Income Level

91%

Undergraduates Receiving Financial Aid through Grants

48%

Undergraduates Receiving Financial Aid through Loans

91% of undergraduate students at Loyola University Chicago received financial aid through grants or loans in 2023. This represents a decline of 3.19% with respect to 2022, when 94% of undergraduate students received financial aid.

This chart compares the average award discount at Loyola University Chicago (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Loyola University Chicago was 0%, which represents 0 out of the 3484 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Admissions

Loyola University Chicago received 40,468 undergraduate applications in 2023, which represents a 1.08% annual growth. Out of those 40,468 applicants, 32,937 students were accepted for enrollment, representing a 81.4% acceptance rate.

There were 17,397 students enrolled at Loyola University Chicago in 2023. 25% of first-time enrollees submitted SAT scores with their applications.

Loyola University Chicago has an overall enrollment yield of 8.96%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

81.4%

Acceptance Rate in 2023

32,937

Accepted Out of 40,468

In 2023, the undergraduate acceptance rate of Loyola University Chicago was 81.4% (32,937 admissions from 40,468 applications). This is higher than the acceptance rate of 2022, which was 79.1%. Between 2022 and 2023, the number of applicants declined by 1.08%, while admissions grew by 1.72%.

This chart compares the acceptance rate of Loyola University Chicago (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

25%

Submission Percentage (2023)

747

Scores Submitted (2023)

25% of enrolled first-time students at Loyola University Chicago in 2023 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

Loyola University Chicago had a total enrollment of 17,397 students in 2023. The full-time enrollment at Loyola University Chicago is 14,973 students and the part-time enrollment is 2,424. This means that 86.1% of students enrolled at Loyola University Chicago are enrolled full-time.

The enrolled student population at Loyola University Chicago, both undergraduate and graduate, is 49.4% White, 19.1% Hispanic or Latino, 11.8% Asian, 7.33% Black or African American, 4.15% Two or More Races, 0.115% American Indian or Alaska Native, and 0.069% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Loyola University Chicago in full-time Undergraduate programs are most commonly White Female (35%), followed by White Male (15.3%) and Hispanic or Latino Female (14.6%). Students enrolled in full-time Graduate programs are most commonly White Female (36.9%), followed by White Male (17.6%) and Hispanic or Latino Female (9.39%).

Full-Time vs Part-Time Enrollment

86.1%

Full-Time Enrollment

The total enrollment at Loyola University Chicago in 2023, both undergraduate and graduate, is 17,397 students. The full-time enrollment at Loyola University Chicago is 14,973 and the part-time enrollment is 2,424. This means that 86.1% of students enrolled at Loyola University Chicago are enrolled full-time compared with 77.9% at similar Doctoral Universities.

This chart shows the full-time vs part-time enrollment status at Loyola University Chicago (in red) compares to similar universities.

Retention Rate over Time

84%

2023 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Loyola University Chicago was 84%. Compared with the full-time retention rate at similar Doctoral Universities (84%), Loyola University Chicago had a retention rate approximately the same as its peers.

This chart shows the retention rate over time at Loyola University Chicago (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
8,598 enrolled students
Hispanic or Latino
3,325 enrolled students
Asian
2,054 enrolled students

The enrolled student population at Loyola University Chicago is 49.4% White, 19.1% Hispanic or Latino, 11.8% Asian, 7.33% Black or African American, 4.15% Two or More Races, 0.115% American Indian or Alaska Native, and 0.069% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Doctoral Universities is 46.5% White, 15.9% Hispanic or Latino, and 9.78% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 844 students (4.85%) did not report their race.

Graduates

In 2023, 2,042 more women than men received degrees from Loyola University Chicago. The most common race/ethnicity group of degree recipients at Loyola University Chicago is white (3,150 degrees awarded). There were 3.56 times more white recipients than the next closest race/ethnicity group, hispanic or latino (884 degrees).

The most common Masters Degree concentration at Loyola University Chicago is Social Work (430 degrees awarded), followed by General Business Administration & Management (180 degrees) and Health Law (88 degrees).

In 2023, the most specialized majors across all degree types at Loyola University Chicago, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Legal (535 degrees awarded), Public Administration and Social Service (529 degrees), and Natural Resources & Conservation (134 degrees).

Common Jobs by Major

Physicians

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Loyola University Chicago are Physicians (395,467 people), Other managers (163,647 people), Social workers, all other (158,778 people), Postsecondary teachers (122,395 people), and Other Physical Scientists (116,565 people).

The most specialized majors at Loyola University Chicago in 2023 are Legal (535 degrees awarded), Public Administration and Social Service (529 degrees), Natural Resources & Conservation (134 degrees), Biology (516 degrees), and Theology (66 degrees) (as of 2023).

Highest Paying Jobs by Major

Diagnostic medical sonographers

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Loyola University Chicago are Diagnostic medical sonographers, Surgeons, Cardiovascular technologists and technicians, Magnetic resonance imaging technologists, and Physicians

The most specialized majors at Loyola University Chicago are Legal (535 degrees awarded), Public Administration and Social Service (529 degrees), Natural Resources & Conservation (134 degrees), Biology (516 degrees), and Theology (66 degrees) (as of 2023).

Common Industries by Major

General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Loyola University Chicago are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (514,557 people), Elementary & secondary schools (375,578 people), Colleges, universities & professional schools, including junior colleges (359,266 people), Offices of physicians (201,794 people), and Scientific research & development services (143,086 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Loyola University Chicago.

Most Common (2023)

Registered Nursing
424 degrees awarded
General Psychology
280 degrees awarded
General Biological Sciences
261 degrees awarded

In 2023, the most common bachelors degree concentration at Loyola University Chicago was Registered Nursing with 424 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Loyola University Chicago according to their major.

Sex Breakdown for Common Majors

1,837

Degrees Awarded to Men

in 2023

3,879

Degrees Awarded to Women

in 2023

In 2023, 1,837 degrees were awarded to men at Loyola University Chicago, which is 0.474 times less than the number of degrees awarded to females (3,879).

This chart displays the sex disparity between the top 5 majors at Loyola University Chicago by degrees awarded.

Most Common Male Majors

In 2023, 134 degrees were awarded to men at Loyola University Chicago in General Finance, which is 4.62 times more than the 29 female recipients with that same degree.

Most Common Female Majors

In 2023, 414 degrees were awarded to men at Loyola University Chicago in Social Work, which is 4.99 times more than the 83 male recipients with that same degree.

Time to Complete

65%

100% Completion Time

72%

150% Completion Time

In 2023, 65% of students graduating from Loyola University Chicago completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 72% completed their degrees within 150% of the normal time, and 72% within 200%.

The following chart shows these completion rates over time compared to the average for the Doctoral Universities Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

American Indian or Alaska Native Female

Highest Graduation Rate (87.5%)

The student demographic with the highest graduation rate in 2023 at Loyola University Chicago is Female and American Indian or Alaska Native (87.5% graduation rate). Across all Doctoral Universities, Non-resident Alien Male students have the highest graduation rate (65.7%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 0.946% of graduates (19 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
3,150 degrees awarded
Hispanic or Latino
884 degrees awarded
Asian
620 degrees awarded

The most common race/ethnicity at Loyola University Chicago is white (3,150 degrees awarded). There were 3.56 times more white recipients than the next closest race/ethnicity group, hispanic or latino (884 degrees).

4.41% of degree recipients (252 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
2,115 degrees awarded
White Male
1,035 degrees awarded
Hispanic or Latino Female
601 degrees awarded

The most common race/ethnicity and sex grouping at Loyola University Chicago is white female (2,115 degrees awarded). There were 2.04 times more white female recipients than the next closest race/ethnicity group, white male (1,035 degrees).

Operations

Loyola University Chicago has an endowment valued at nearly $971M, as of the end of the 2023 fiscal year. The return on its endowment was of 83.3M (8.57%) compared to the 4.37% average return (19M on 434M) across all Doctoral Universities.

In 2023, Loyola University Chicago had a total salary expenditure of 635M. Loyola University Chicago employs 227 Associate professors, 223 Assistant professors and 190 Lecturers. Most academics at Loyola University Chicago are Female Assistant professor (143), Male Associate professor (119), and Female Associate professor (108).

The most common positions for non-instructional staff at Loyola University Chicago are: Management, with 414 employees, Service, with 235 employees, and Office and Administrative Support with 235 employees.

Endowment

$971M

2023 Endowment

7.92%

growth from 2022

Loyola University Chicago has an endowment valued at about $971M, as of the end of the 2023 fiscal year. The endowment of Loyola University Chicago grew 7.92% from the previous year. The value of their endowment was $537M higher than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Loyola University Chicago (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Doctoral Universities: Higher Research Activity Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$39.3M - Federal
$550k - State
$173k - Local

As of 2023, Loyola University Chicago received $39.3M in grants and contracts from the federal government, $550k from state grants and contracts, and $173k from local grants and contracts.

Salary Expenditure

$309M

2023 Salaries

7.42%

growth from 2022

In 2023, Loyola University Chicago paid a median of $309M in salaries, which represents 48.7% of their overall expenditure ($635M) and a 7.42% growth from the previous year. This is compared to a 7.11% growth between 2021 and 2022, and a 9.18% decline between 2020 and 2021.

The median for similar Doctoral Universities is 246M (41.5% of overall expenditures).

Instructional Salaries

$96.2M

Instructional Salaries

898

Number of Employees

In 2023, Loyola University Chicago paid a total of $96.2M to 898 employees working as instructors, which represents 31.1% of all salaries paid.

This is compared to a median of $6.13M (2.35%) for similar Doctoral Universities.

Occupations by Share

Associate professor

Most Common Instructor

227 Employees

Management

Most Common Non-Instructional Employee

414 Employees

In 2023, the most common positions for instructional staff at Loyola University Chicago were Associate professor with 227 employees, Assistant professor with 223 employees, and Lecturer with 190 employees.

In 2023, the most common positions for non-instructional staff at Loyola University Chicago were Management with 414 employees, Service with 235 employees, and Office and Administrative Support with 235 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Female Assistant professor
Male Associate professor
Female Associate professor

In 2023, the most common demographic for instructional staff at Loyola University Chicago was Female Assistant professor with 143 employees, Male Associate professor with 119 employees, and Female Associate professor with 108 employees.

This chart shows the sex split between each academic rank present at Loyola University Chicago.

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