Loyola University Maryland

www.loyola.edu

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2023 Undergraduate Tuition

$55,480

3.84% growth from 2022

2023 Average Net Price

$31,857

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

76.3%

10,162 Applicants

2023 Enrolled Students

5,107

85.9% Full-Time

2023 Graduation Rate

80.5%

821 Graduates

About

Loyola University Maryland is a higher education institution located in Baltimore city, MD. In 2023, the most popular Bachelors Degree concentrations at Loyola University Maryland were General Business Administration & Management (231 degrees awarded), Speech Communication & Rhetoric (72 degrees), and General Psychology (69 degrees).

In 2023, 1,532 degrees were awarded across all undergraduate and graduate programs at Loyola University Maryland. 62.7% of these degrees were awarded to women, and 37.3% awarded men. The most common race/ethnicity group of degree recipients was white (1,074 degrees), 6.43 times more than then the next closest race/ethnicity group, hispanic or latino (167 degrees).

The median undergraduate tuition at Loyola University Maryland is $55,480, which is $30,905 more than the national average for Masters Colleges and Universities ($24,575).

In 2020 the default rate for borrower's at Loyola University Maryland was 0%, corresponding to 0 out of the 1,105 total borrowers.

Masters Colleges & Universities: Larger Programs Masters Colleges and Universities

Costs

In 2023, the median undergraduate tuition at Loyola University Maryland is $55,480, which is $30,905 more than the national average for Masters Colleges and Universities ($24,575).

After taking grants and loans into account, the average net price for students is $31,857.

In 2023, 96% of undergraduate students attending Loyola University Maryland received financial aid through grants. Comparatively, 53% of undergraduate students received financial aid through loans.

Tuition Costs

$55,480

2023 Undergraduate Tuition

In 2023, the cost of tuition at Loyola University Maryland was $55,480. The cost of tuition at Loyola University Maryland is $30,905 more than than the overall (public and private) national average for Masters Colleges and Universities ($24,575).

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

Average Net Price

$31,857

2023 Value

4.37%

1 Year Growth

In 2023 Loyola University Maryland had an average net price — the price paid after factoring in grants and loans — of $31,857. Between 2022 and 2023, the average net price of Loyola University Maryland grew by 4.37%.

This chart compares the average net price of Loyola University Maryland (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

$13,220

Room and Board

$1,100

Books and Supplies

The average yearly cost of room and board at Loyola University Maryland was of $13,220 in 2023. The cost of room and board increased by 1.54% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,100. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

96%

Undergraduates Receiving Financial Aid through Grants

53%

Undergraduates Receiving Financial Aid through Loans

96% of undergraduate students at Loyola University Maryland received financial aid through grants or loans in 2023. This represents a growth of 2.13% with respect to 2022, when 94% of undergraduate students received financial aid.

This chart compares the average award discount at Loyola University Maryland (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 Maryland was 0%, which represents 0 out of the 1105 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 Maryland received 10,162 undergraduate applications in 2023, which represents a 5.38% annual growth. Out of those 10,162 applicants, 7,757 students were accepted for enrollment, representing a 76.3% acceptance rate.

There were 5,107 students enrolled at Loyola University Maryland in 2023. 18% of first-time enrollees submitted SAT scores with their applications.

Loyola University Maryland has an overall enrollment yield of 14.3%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

76.3%

Acceptance Rate in 2023

7,757

Accepted Out of 10,162

In 2023, the undergraduate acceptance rate of Loyola University Maryland was 76.3% (7,757 admissions from 10,162 applications). This is lower than the acceptance rate of 2022, which was 83.5%. Between 2022 and 2023, the number of applicants grew by 5.38%, while admissions declined by 3.64%.

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

SAT Scores

18%

Submission Percentage (2023)

195

Scores Submitted (2023)

18% of enrolled first-time students at Loyola University Maryland 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 Maryland had a total enrollment of 5,107 students in 2023. The full-time enrollment at Loyola University Maryland is 4,387 students and the part-time enrollment is 720. This means that 85.9% of students enrolled at Loyola University Maryland are enrolled full-time.

The enrolled student population at Loyola University Maryland, both undergraduate and graduate, is 62.7% White, 12.7% Hispanic or Latino, 12.4% Black or African American, 4.62% Asian, 4.5% Two or More Races, 0.117% American Indian or Alaska Native, and 0.0979% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Loyola University Maryland in full-time Undergraduate programs are most commonly White Female (35%), followed by White Male (29.2%) and Hispanic or Latino Female (7.67%). Students enrolled in full-time Graduate programs are most commonly White Female (46%), followed by White Male (15.8%) and Black or African American Female (12.3%).

Full-Time vs Part-Time Enrollment

85.9%

Full-Time Enrollment

The total enrollment at Loyola University Maryland in 2023, both undergraduate and graduate, is 5,107 students. The full-time enrollment at Loyola University Maryland is 4,387 and the part-time enrollment is 720. This means that 85.9% of students enrolled at Loyola University Maryland are enrolled full-time compared with 68.2% at similar Masters Colleges and Universities.

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

Retention Rate over Time

86%

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 Maryland was 86%. Compared with the full-time retention rate at similar Masters Colleges and Universities (74%), Loyola University Maryland had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
3,203 enrolled students
Hispanic or Latino
651 enrolled students
Black or African American
635 enrolled students

The enrolled student population at Loyola University Maryland is 62.7% White, 12.7% Hispanic or Latino, 12.4% Black or African American, 4.62% Asian, 4.5% Two or More Races, 0.117% American Indian or Alaska Native, and 0.0979% 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 Masters Colleges and Universities is 50.1% White, 17.7% Hispanic or Latino, and 13.4% 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, 33 students (0.646%) did not report their race.

Graduates

In 2023, 390 more women than men received degrees from Loyola University Maryland. The most common race/ethnicity group of degree recipients at Loyola University Maryland is white (1,074 degrees awarded). There were 6.43 times more white recipients than the next closest race/ethnicity group, hispanic or latino (167 degrees).

The most common Bachelor's Degree concentration at Loyola University Maryland is General Business Administration & Management (231 degrees awarded), followed by Speech Communication & Rhetoric (72 degrees) and General Psychology (69 degrees).

In 2023, the most specialized majors across all degree types at Loyola University Maryland, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Communications (93 degrees awarded), Education (252 degrees), and Psychology (138 degrees).

Common Jobs by Major

Elementary & middle school teachers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Loyola University Maryland are Elementary & middle school teachers (1,691,034 people), Secondary school teachers (582,260 people), Education administrators (361,945 people), Other managers (351,485 people), and Postsecondary teachers (258,676 people).

The most specialized majors at Loyola University Maryland in 2023 are Communications (93 degrees awarded), Education (252 degrees), Psychology (138 degrees), Philosophy and Religious Studies (12 degrees), and English (31 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 Maryland are Diagnostic medical sonographers, Surgeons, Magnetic resonance imaging technologists, Physicians, and Securities, commodities, & financial services sales agents

The most specialized majors at Loyola University Maryland are Communications (93 degrees awarded), Education (252 degrees), Psychology (138 degrees), Philosophy and Religious Studies (12 degrees), and English (31 degrees) (as of 2023).

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Loyola University Maryland are Elementary & secondary schools (3,692,664 people), Colleges, universities & professional schools, including junior colleges (845,736 people), Computer Systems Design (646,543 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (600,467 people), and Banking & related activities (553,320 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 Maryland.

Most Common (2023)

General Business Administration & Management
231 degrees awarded
Speech Communication & Rhetoric
72 degrees awarded
General Psychology
69 degrees awarded

In 2023, the most common bachelors degree concentration at Loyola University Maryland was General Business Administration & Management with 231 degrees awarded.

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

Sex Breakdown for Common Majors

571

Degrees Awarded to Men

in 2023

961

Degrees Awarded to Women

in 2023

In 2023, 571 degrees were awarded to men at Loyola University Maryland, which is 0.594 times less than the number of degrees awarded to females (961).

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

Most Common Male Majors

In 2023, 233 degrees were awarded to men at Loyola University Maryland in General Business Administration & Management, which is 1.41 times more than the 165 female recipients with that same degree.

Most Common Female Majors

In 2023, 165 degrees were awarded to men at Loyola University Maryland in General Business Administration & Management, which is 0.708 times less than the 233 male recipients with that same degree.

Time to Complete

77%

100% Completion Time

81%

150% Completion Time

In 2023, 77% of students graduating from Loyola University Maryland completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 81% completed their degrees within 150% of the normal time, and 81% within 200%.

The following chart shows these completion rates over time compared to the average for the Masters Colleges and 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.

Two or More Races Male

Highest Graduation Rate (87.5%)

The student demographic with the highest graduation rate in 2023 at Loyola University Maryland is Male and Two or More Races (87.5% graduation rate). Across all Masters Colleges and 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, 0.122% of graduates (1 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
1,074 degrees awarded
Hispanic or Latino
167 degrees awarded
Black or African American
161 degrees awarded

The most common race/ethnicity at Loyola University Maryland is white (1,074 degrees awarded). There were 6.43 times more white recipients than the next closest race/ethnicity group, hispanic or latino (167 degrees).

0.261% of degree recipients (4 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
653 degrees awarded
White Male
421 degrees awarded
Black or African American Female
123 degrees awarded

The most common race/ethnicity and sex grouping at Loyola University Maryland is white female (653 degrees awarded). There were 1.55 times more white female recipients than the next closest race/ethnicity group, white male (421 degrees).

Operations

Loyola University Maryland has an endowment valued at nearly $294M, as of the end of the 2023 fiscal year. The return on its endowment was of 309k (0.105%) compared to the 5.72% average return (2.84M on 49.7M) across all Masters Colleges and Universities.

In 2023, Loyola University Maryland had a total salary expenditure of 200M. Loyola University Maryland employs 140 Assistant professors, 95 Professors and 95 Associate professors. Most academics at Loyola University Maryland are Female Assistant professor (80), Male Assistant professor (60), and Female Associate professor (55).

The most common positions for non-instructional staff at Loyola University Maryland are: Management, with 204 employees, Office and Administrative Support, with 89 employees, and Service with 86 employees.

Endowment

$294M

2023 Endowment

2.66%

decline from 2022

Loyola University Maryland has an endowment valued at about $294M, as of the end of the 2023 fiscal year. The endowment of Loyola University Maryland declined 2.66% from the previous year. The value of their endowment was $244M higher than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

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

The small bar chart below shows the endowment quintiles for all universities in the Masters Colleges & Universities: Larger Programs Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$7.86M - Federal
$12.3M - State
$650k - Local

As of 2023, Loyola University Maryland received $7.86M in grants and contracts from the federal government, $12.3M from state grants and contracts, and $650k from local grants and contracts.

Salary Expenditure

$82.1M

2023 Salaries

0.0756%

decline from 2022

In 2023, Loyola University Maryland paid a median of $82.1M in salaries, which represents 41.1% of their overall expenditure ($200M) and a 0.0756% decline from the previous year. This is compared to a 6.95% growth between 2021 and 2022, and a 10.6% decline between 2020 and 2021.

The median for similar Masters Colleges and Universities is 36.1M (39.6% of overall expenditures).

Instructional Salaries

$31.7M

Instructional Salaries

330

Number of Employees

In 2023, Loyola University Maryland paid a total of $31.7M to 330 employees working as instructors, which represents 38.7% of all salaries paid.

This is compared to a median of $1.12M (2.97%) for similar Masters Colleges and Universities.

Occupations by Share

Assistant professor

Most Common Instructor

140 Employees

Management

Most Common Non-Instructional Employee

204 Employees

In 2023, the most common positions for instructional staff at Loyola University Maryland were Assistant professor with 140 employees, Professor with 95 employees, and Associate professor with 95 employees.

In 2023, the most common positions for non-instructional staff at Loyola University Maryland were Management with 204 employees, Office and Administrative Support with 89 employees, and Service with 86 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Female Assistant professor
Male Assistant professor
Female Associate professor

In 2023, the most common demographic for instructional staff at Loyola University Maryland was Female Assistant professor with 80 employees, Male Assistant professor with 60 employees, and Female Associate professor with 55 employees.

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

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