Quantcast

Chicago City Wire

Wednesday, April 24, 2024

Cost of college went up for all students at Loyola University Chicago

College5

Tuition and fees rose 2.5 percent for 2017-18 at Loyola University Chicago, according to the latest disclosure from the U.S. Department of Education.

Illinois students paid $43,078 to attend the four-year private not-for-profit institution this year $1,046 more than the $42,032 charged for 2016-17.

Data shows 96 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 2,078 students received grants or scholarships totaling $40.88 million and 1,346 students took out student loans totaling more than $11.6 million.

Including all undergraduates, 8,940 students used grants or scholarships totaling $158.22 million. Another 6,068 took out $44.44 million in federal student loans.

The cost of attending
Enrollment
2014-15
2015-16
2016-17
2017-18
Change in tuition and fees 2014-15 to 2017-18
~9,525
$37,412
$40,426
$42,032
$43,078
15.1%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the Loyola University Chicago in 2015-16.
Type of Aid
Number of students receiving aid
Percent receiving aid
Total amount of aid received
Average amount of aid per student
Federal grants
551
25%
$2,561,953
$4,650
State / local grant or scholarship
444
20%
$1,995,330
$4,494
Institutional grants or scholarships
2,073
95%
$36,324,365
$17,523
Grant or scholarship aid total
2,078
95%
$40,881,648
$19,674
Federal student loans
1,333
61%
$7,825,604
$5,871
Other student loans
187
9%
$3,773,158
$20,177
Student loan aid
1,346
61%
$11,598,762
$8,617
Total student aid
2,109
96%

MORE NEWS