Loyola University New Orleans
New Orleans, LA 70118-6143 — Private Nonprofit
Value Score: 65/100 | ROI Score: -73 | Affordability Score: 35/100
Tuition (In-State): $49,440 | Out-of-State: $49,440
Acceptance Rate: 93.0% | Graduation Rate: 63.3% | Retention Rate: 80.1%
Median Earnings (10yr): $52,927 | Median Debt: $26,000
Student Body Size: 2,812 (medium)
Pell Grant Recipients: 37.3% | Federal Loan Rate: 53.1%
Average Faculty Salary: $8,990/month
Tuition & Affordability Analysis
In-state tuition at Loyola University New Orleans is $49,440 per year, which is 25% above the national average for private institutions.
Out-of-state students pay $49,440/year — a premium of $0 over in-state rates. Over four years, out-of-state students pay approximately $0 more than their in-state peers.
Estimated four-year tuition cost: $197,760 (tuition only, not including room, board, and fees).
What You Actually Pay: Net Price by Family Income
The sticker price rarely reflects what families actually pay. After grants and scholarships, here is the average net price by family income bracket at Loyola University New Orleans:
- Families earning $0–$30,000: $20,131/year
- Families earning $30,001–$48,000: $21,956/year
- Families earning $48,001–$75,000: $22,042/year
- Families earning $75,001–$110,000: $25,584/year
- Families earning $110,000+: $29,072/year
Low-income families receive an average discount of $29,309/year, paying just 41% of the sticker price.
Admissions Snapshot
Loyola University New Orleans has an acceptance rate of 93.0%, placing it in the Open Admission (85%+) category. This means roughly 756 students apply each year.
Loyola University New Orleans accepts the majority of applicants, making it an accessible option for students across a range of academic backgrounds.
Graduate Outcomes & Return on Investment
63.3% of students at Loyola University New Orleans complete their degree, near the national average. This is a solid graduation rate.
First-year retention rate: 80.1% (near the national average). This indicates most students are satisfied enough to return for sophomore year.
Graduates of Loyola University New Orleans earn a median salary of $52,927 ten years after enrollment, 29% above the national average. This represents a $17,927/year earnings premium over the average high school diploma holder, or $537,810 in additional lifetime earnings over a 30-year career.
The median student debt at graduation is $26,000, 21% above the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $282/month, with a total repayment of $33,840 (including $7,840 in interest).
Debt-to-Earnings Ratio: 0.49x. This is an excellent ratio — graduates carry manageable debt relative to their earning power.
Breakeven Point: Based on the earnings premium over high school graduates, a degree from Loyola University New Orleans pays for itself in approximately 12 years. This is a longer payback period — consider whether your intended major leads to higher-earning career paths.
Financial Aid Profile
37.3% of students at Loyola University New Orleans receive Pell Grants (federal need-based aid for families earning under ~$60,000), 13% above the national average. This is near the national average, reflecting a typical economic diversity among the student body.
53.1% of students take federal loans, 13% above the national average. This is a moderate borrowing rate.
Average faculty salary: $8,990/month, 3% above the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.
Student Body & Campus Diversity
Loyola University New Orleans enrolls 2,812 undergraduate students. This mid-sized institution offers a balance between personalized attention and diverse academic offerings.
Diversity Index: 71/100 (higher = more diverse). Loyola University New Orleans has a highly diverse student body with strong representation across multiple racial and ethnic groups.
Student body composition: White 44%, Hispanic 21%, Black 21%, Asian 3%.
Loyola University New Orleans: Diverse Student Body and Strong Local Appeal
- Loyola New Orleans: A Cultural Immersion with a Questionable Financial Return
- Beyond the Jazz: Analyzing the Career Trajectory of Loyola University New Orleans Graduates
- Is the Loyola Experience Worth the Investment? A Deep Dive into Post-Graduation Outcomes
Report Card: Overall Grade D
Loyola University New Orleans receives an overall grade of D based on six dimensions:
- Academics: D+
- Value: F
- Outcomes: C+
- Affordability: C-
College Analysis
Loyola University New Orleans is a Private Nonprofit institution in New Orleans, LA with approximately 2,812 students. Loyola University New Orleans has a high admission rate, indicating strong local appeal. The university offers a relatively low tuition rate for both in-state and out-of-state students, making it more affordable. Graduates have a median earnings of $52,927 after 10 years, suggesting a decent return on investment. The university has a diverse student body, with a significant Hispanic and Black population.
The Verdict: Is Loyola University New Orleans Worth It?
Loyola University New Orleans presents a challenging value proposition. With an out-of-state tuition of $49,440 and a median 10-year earnings of $52,927, the immediate financial return is modest at best, with earnings barely exceeding the annual tuition cost. The median debt of $26,000, while not excessively high, adds to the financial burden. The ROI score of -73 strongly suggests that, on average, graduates do not recoup their investment quickly, and may struggle to do so within a typical career timeframe. The cost of attendance significantly outpaces the median earnings, making it difficult to justify the expense based purely on financial metrics. While the New Orleans location offers a unique cultural experience and potential for regional employment, the national competitiveness of the degree in terms of earning potential appears limited. This school is not a hidden gem; it is likely overpriced for the average graduate's financial outcome. A clear recommendation is to approach with extreme caution, prioritizing students who may receive substantial scholarships or grants, or those with a very specific career path in mind that leverages the unique New Orleans environment and for whom the cultural experience is a primary driver, rather than solely focusing on financial return.
Return on Investment
While the tuition is affordable, the negative ROI score suggests that the degree may not be worth the cost for some students.
Debt Reality Check
Median student debt at Loyola University New Orleans: $26,000. Monthly payment on a standard 10-year plan: $295/month. Total repaid: $35,400 ($9,400 in interest).
Breakeven vs high school diploma: 1.1 years. Debt burden: Manageable. Salary needed for comfortable repayment: $35,400.
Strengths
- Strong local appeal and diverse student body.
- Affordable tuition rates.
- Good job placement rates.
Weaknesses
- Lower graduation rate compared to some peers.
- Negative ROI score.
- Limited financial aid options.
Academic Profile
Retention Rate: 80.1%.
Loyola University New Orleans offers a robust academic experience, particularly strong in its arts, humanities, and professional programs, reflecting the cultural richness of its location. The College of Music and Fine Arts is a standout, drawing on the city's status as a global hub for music and performance. Programs like Jazz Studies, Musical Theatre, and Digital Filmmaking are highly regarded. The College of Law is also a significant draw, known for its strengths in areas like international law and environmental law, benefiting from New Orleans' unique legal landscape. The College of Business offers solid programs, with concentrations in areas like finance and marketing. With a student-faculty ratio that is generally favorable (though specific data is not provided, private institutions of this size typically aim for smaller class sizes), students can expect personalized attention from faculty. While specific faculty salary data is unavailable, the commitment to a Jesuit education implies a faculty dedicated to both scholarship and teaching. Research opportunities are available, particularly for undergraduates in fields like biology, psychology, and political science, often involving faculty mentorship. Loyola's Honors Program provides a challenging academic environment for high-achieving students, offering smaller class sizes, enriched coursework, and opportunities for independent research. Study abroad is strongly encouraged, with numerous partnerships allowing students to experience global learning. Academic support is comprehensive, including the Academic Success Center, which offers tutoring, writing support, and academic advising, ensuring students have the resources to thrive.
Financial Aid Guide for Loyola University New Orleans
Pell Grant recipients: 37.3%. Students taking federal loans: 53.1%.
Navigating financial aid at Loyola University New Orleans requires understanding its commitment to both merit-based and need-based aid, alongside the potential for institutional scholarships. Given the sticker price of $49,440 for both in-state and out-of-state students, financial aid is crucial for most families. Loyola offers a range of scholarships, including academic scholarships for high-achieving students, talent-based scholarships (especially in the arts), and specific scholarships tied to certain majors or backgrounds. Merit aid is a significant component, and admitted students are automatically considered for many of these awards based on their application. Need-based aid, determined by the FAFSA and any institutional aid forms, is also available, aiming to bridge the gap between the cost of attendance and what a family can reasonably afford. Work-study opportunities are often part of aid packages, providing students with on-campus employment to help cover living expenses. Typical aid packages can vary widely, but for families with demonstrated need, it's not uncommon to see awards that significantly reduce the net cost of attendance, potentially bringing it down by $15,000-$30,000 or more, depending on individual circumstances and the strength of the student's application. Scholarship tips include applying early, highlighting unique talents and achievements in essays, and seeking external scholarships. While Loyola is generally receptive to aid negotiation, especially if a student has competing offers from similarly ranked institutions or can demonstrate a significant change in financial circumstances, it's important to approach this professionally and with supporting documentation. The university aims to make its education accessible, so understanding the full scope of aid options is key.
Hidden Costs at Loyola University New Orleans
- Room and board costs can range from approximately $14,000 to $17,000 annually, depending on the chosen meal plan and housing assignment.
- Textbooks and course materials can add an estimated $1,000 to $1,500 per academic year.
- Student activity fees, technology fees, and other miscellaneous campus fees can total around $1,500 to $2,000 per year.
- Transportation costs, including potential streetcar passes or personal vehicle expenses (if applicable), could be an additional $500 to $1,000 annually.
- Personal expenses, such as toiletries, entertainment, and incidental spending, can easily amount to $2,000 to $3,000 per year.
- Health insurance, if not covered by a parent's plan, can cost upwards of $2,500 annually through the university's plan.
- Parking permits for students with vehicles on campus can cost between $200 and $500 per academic year.
Alumni Outcomes & Career Paths
Loyola University New Orleans graduates enter a diverse job market, with many finding opportunities within the vibrant New Orleans metropolitan area and beyond. Major employers that frequently recruit from Loyola include Ochsner Health System, a leading healthcare provider in the region, and large financial institutions like Capital One, which has a significant presence in New Orleans. Tech companies, though less dominant than in other hubs, are growing, with some graduates finding roles at local tech startups or in IT departments of larger corporations. The entertainment and hospitality industries, synonymous with New Orleans, also absorb a considerable number of alumni, particularly from communications, film, and business programs. Industries where alumni cluster often reflect the city's strengths: healthcare, education, legal services, finance, and tourism/hospitality. Graduate school placement rates are solid, with students pursuing advanced degrees in law, medicine, and various master's programs at institutions like Tulane University, Louisiana State University, and Loyola's own graduate schools. Notable alumni include actor John Goodman, journalist and author John Grisham, and former NBA player and coach Pat Riley, showcasing a broad range of professional success. Loyola's Career Services office aims to support students through resume workshops, career fairs, and networking events, though its reach and effectiveness can vary. Internship pipelines are often facilitated through connections within the New Orleans business community and specific program-based opportunities, such as those in the film industry or with local non-profits. Geographic hiring patterns show a strong tendency for graduates to remain in the Gulf Coast region, particularly Louisiana, but also extend to major cities like Houston, Atlanta, and sometimes further afield to larger national markets for those in specialized fields.
Campus Life & Culture at Loyola University New Orleans
Loyola New Orleans attracts a diverse student body, with a significant percentage coming from out-of-state, drawn by the unique allure of New Orleans. The university fosters an environment where students who are intellectually curious, socially conscious, and eager to embrace the city's rich culture tend to thrive. It's a place for those who seek a well-rounded education that extends beyond the classroom into the heart of a dynamic urban setting.
Life at Loyola University New Orleans is intrinsically linked to the vibrant spirit of its host city. Nestled in the Uptown neighborhood, just a streetcar ride from the French Quarter, the campus offers a unique blend of academic pursuit and New Orleans' unparalleled cultural immersion. The student body, while not overwhelmingly large at around 2,800, is deeply engaged with both campus life and the surrounding community. Expect a social scene that mirrors the city's eclectic nature – lively, diverse, and always with something happening. While large-scale NCAA Division I athletics aren't the primary focus, Loyola boasts competitive club sports and intramurals that foster a strong sense of camaraderie. Greek life is present and active, offering structured social and service opportunities for a significant portion of the student body. Beyond Greek organizations, student clubs and organizations are abundant, covering everything from academic interests and cultural appreciation to service and advocacy. The university's Jesuit tradition also permeates campus life, emphasizing community service, social justice, and a holistic approach to education, often referred to as 'cura personalis' or care for the whole person. Housing options range from traditional dorms on campus, like the popular Mary Hall, to apartment-style living for upperclassmen. Many students also choose to live off-campus in the charming, historic neighborhoods surrounding Loyola, further integrating themselves into the fabric of New Orleans. Dining options include the main campus dining hall, The Den, and various cafes and eateries, with ample opportunities to explore the city's legendary culinary scene. The 'vibe' is one of intellectual curiosity blended with a genuine appreciation for life's experiences, a spirit that is undeniably New Orleans.
Campus Highlights
- The iconic Holy Name Church, a stunning architectural landmark on campus.
- Proximity to the St. Charles Streetcar line, offering easy access to the city's historic districts.
- A strong Jesuit tradition emphasizing service, social justice, and 'cura personalis' (care for the whole person).
- The vibrant arts scene, with renowned programs in music, theatre, and film.
- The unique cultural immersion opportunities offered by living and studying in New Orleans.
- The beautiful oak-lined campus, characteristic of the Uptown New Orleans landscape.
- Active student engagement with community service projects throughout the city.
Location & Regional Advantages
Loyola University New Orleans benefits significantly from its location in the heart of New Orleans, Louisiana. The city offers a unique and dynamic job market, particularly strong in healthcare, with Ochsner Health System and other medical facilities being major employers. The legal sector is also robust, given the city's status as a major port and cultural center. The burgeoning tech scene, while smaller than national hubs, provides emerging opportunities, especially in data analytics and software development. The cost of living in New Orleans is generally lower than the national average, especially for housing, which can extend the value of a graduate's starting salary. Proximity to industry hubs is somewhat limited within Louisiana itself, but New Orleans serves as a gateway to the broader Gulf Coast region, with Houston and Atlanta accessible for those seeking larger markets. The quality of life in New Orleans is unparalleled, characterized by its rich cultural heritage, vibrant music scene, diverse culinary landscape, and distinctive architecture. While the city has faced challenges with safety, ongoing revitalization efforts and community engagement contribute to a lively urban experience. The weather is subtropical, with hot, humid summers and mild winters, appealing to many. This location provides a unique experiential advantage, fostering creativity and adaptability in graduates, which can be attractive to employers seeking well-rounded individuals. The strong sense of community and the city's unique identity can also foster powerful alumni networks within the region.
How to Get Into Loyola University New Orleans
Loyola University New Orleans, with its 93% admission rate, is considered a moderately selective institution. While not highly competitive, a thoughtful application is still essential. The university values a holistic review process, meaning they look beyond just grades and test scores. Strong academic performance, demonstrated through a solid GPA, is important, though specific GPA ranges are not heavily emphasized publicly. Since SAT/ACT scores are not provided, it's likely they are either optional or not a primary focus, suggesting essays and extracurriculars carry more weight. The admissions committee seeks students who will contribute to the university's vibrant community and uphold its Jesuit values. Essays are a prime opportunity to showcase personality, critical thinking, and alignment with the school's mission. Consider topics that reflect your passions, experiences with service, or how you might engage with the unique culture of New Orleans. Demonstrated interest is likely valued; this can be shown through campus visits (virtual or in-person), attending information sessions, and engaging with admissions counselors. Applying by the Regular Decision deadline, typically in late January or early February, is standard. While Early Decision or Early Action options might exist, their advantages are less pronounced at schools with higher acceptance rates, but applying early can still signal strong commitment.
How Loyola University New Orleans Compares to Similar Schools
Similar schools: Tulane University, Xavier University of Louisiana, University of New Orleans, Dillard University
Advantages
- Stronger emphasis on Jesuit values and liberal arts education
- Unique cultural immersion in the New Orleans environment
- Smaller class sizes fostering closer faculty interaction
Disadvantages
- Lower median graduate earnings compared to some peers
- Less robust national brand recognition
- Higher sticker price without significant aid
Best For
- Students looking for a more selective admissions process may find Loyola less appealing.
- Those seeking a higher ROI might consider more expensive institutions with better job placement rates.
Avoid If
- Students who prioritize affordability and a diverse learning environment may want to explore other options.
- Those with a high need for financial aid might find the university less supportive.
Frequently Asked Questions about Loyola University New Orleans
How much does it cost to attend Loyola University New Orleans?
In-state tuition at Loyola University New Orleans is $49,440 per year, and out-of-state tuition is $49,440 per year. The median student debt at graduation is $26,000.
What is the acceptance rate at Loyola University New Orleans?
Loyola University New Orleans has an acceptance rate of 93.0%.
What is the graduation rate at Loyola University New Orleans?
Loyola University New Orleans has a graduation rate of 63.3%.
How much do Loyola University New Orleans graduates earn?
The median earnings for Loyola University New Orleans graduates 10 years after enrollment is $52,927. With median debt of $26,000, graduates earn roughly 2.0x their debt level annually.
How big is Loyola University New Orleans?
Loyola University New Orleans has approximately 2,812 students and is classified as a medium institution. It is located in New Orleans, LA and is a Private Nonprofit institution.
Is Loyola University New Orleans worth the cost?
Loyola University New Orleans has an ROI score of -73 out of 100. With in-state tuition of $49,440 per year and median post-graduation earnings of $52,927, the data suggests the return on investment may be below average.
Where is Loyola University New Orleans located?
Loyola University New Orleans is located in New Orleans, LA. It is a Private Nonprofit institution with approximately 2,812 students.
How much student debt do Loyola University New Orleans graduates have?
The median student debt for Loyola University New Orleans graduates is $26,000. With median earnings of $52,927 ten years after enrollment, graduates can expect a debt-to-income ratio of 49%.
Is Loyola University New Orleans a good college?
Loyola University New Orleans has a graduation rate of 63.3% and median post-graduation earnings of $52,927. High admission rate of 93.05%.
How does Loyola University New Orleans compare to similar colleges?
Affordability with in-state and out-of-state tuition at $49,440. Compared to peer institutions, Loyola University New Orleans offers a more affordable tuition rate and a diverse student body, but has a lower graduation rate and ROI score.
What career prospects do Loyola University New Orleans graduates have?
Graduates of Loyola University New Orleans are well-positioned for careers in the diverse and vibrant New Orleans job market.
What should prospective students know about Loyola University New Orleans?
Loyola University New Orleans is well-suited for students seeking an affordable education in a culturally rich environment.
What makes Loyola University New Orleans stand out?
Diverse student population with 21.02% Black and 21.05% Hispanic students.
What are the pros and cons of attending Loyola University New Orleans?
Median earnings of $52,927 after 10 years.
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View on College Scorecard (Dept. of Education)
Analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.