Loyola Marymount University reported a 4.5% tuition increase for the 2022-23 school year, as detailed in the latest disclosure, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the private, not-for-profit university paid $55,926 for the academic year, which is $2,400 higher than the $53,526 tuition charged during the 2021-22 school year.
Approximately 55% of the undergraduate student body are residents of California, while 33% come from other states and 12% are international students.
Data indicates that every full-time undergraduate who began studies at Loyola Marymount University in 2022-23 received some form of financial aid. A total of 1,607 students were awarded grants or scholarships amounting to $34.7 million, and 608 students borrowed over $6.3 million in student loans.
Across the entire undergraduate population, 6,248 students benefited from grants or scholarships totaling $146.2 million. Additionally, 2,217 students took out federal student loans totaling $13.8 million.
Undergraduate education costs have seen a significant increase over the past few decades. Data shows a 169% rise in the average total cost, including tuition, fees, room, and board, between 1980 and 2020.
According to a 2023 College Board report, in-state students at public universities paid an average of $11,260, while out-of-state students paid $29,150 in the 2023-24 academic year.
Meanwhile, student loan debt has steadily increased over the last 30 years, reaching $1.75 trillion in 2024, averaging a total of $28,950 per borrower. Federal loans make up 92% of the debt, with over half of students at both public and private four-year colleges graduating with student loans.
Available data sometimes exceeds 100% due to rounding and administrative calculations.
The following data includes only full-time students who began an undergraduate program at the Loyola Marymount University in the 2022-23 school year.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 185 | 12% | $1.4 million | $7,626 |
| State / local grant or scholarship | 176 | 11% | $1.6 million | $9,281 |
| Institutional grants or scholarships | 1,607 | 100% | $31.6 million | $19,680 |
| Grant or scholarship aid total | 1,607 | 100% | $34.7 million | $21,575 |
| Federal student loans | 588 | 37% | $3.1 million | $5,233 |
| Other student loans | 322 | 20% | $3.3 million | $10,158 |
| Student loan aid | 608 | 38% | $6.3 million | $10,440 |
| Total student aid | 1,607 | 100% | $41 million | $25,524 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
