I'm seriously tilting towards Loyola University New Orleans, but I gotta know how expensive is it going to be. Do they offer financial aid or scholarships that can lessen the burden?
Loyola University New Orleans is a private institution and their tuition and fees can be considerable, like many private universities. As of the 2024-2025 academic year, the tuition for full-time undergraduate students is approximately $49,440. On top of that, you should consider additional expenses like room and board, textbooks, transportation, and personal expenses, which can bring the total cost to around $65,040 per year.
However, there's good news—generally, the sticker price is not what most students end up paying thanks to financial aid and scholarships. According to recent data, about 99% of freshmen at Loyola New Orleans receive some form of financial aid, with the average aid package being around $35,000.
Loyola University also offers several merit-based scholarships that don't require a separate application—you're automatically considered when you apply for admission. Among these are the Presidential Scholarship, the Ignatian Scholarship, and the Dean's Scholarship, each offering varying amounts up to full tuition.
Just make sure you fill out the Free Application for Federal Student Aid (FAFSA) to apply for federal aid, and review the financial aid information on the Loyola New Orleans website to make sure you're considering all available resources.
Remember, the best way to determine what you will actually pay is to use the college's Net Price Calculator, which takes into account your unique financial circumstances to provide an estimated aid package. Each school's calculator will be more accurate for that school than a generic one, so it's a key resource to consider.
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