In 2022, tuition for full-time students at Loyola Marymount University was $54,630 a year.
Tuition increased 4.44% in 2022–from $52,310 the prior year. Usually, colleges raise tuition about 3% each year.
Remember, the advertized cost of tuition doesn't always give you all the info you need to know how much you will actually have to pay for college. Many students find the actual cost of college is much less than the total tuition after grants, scholarships, and tuition discounts are awarded. Additionally, student loans can make the amount you do have to pay for college feel more doable until after graduation.
Loyola Marymount University is a private, religious institution, so it has the same tuition for students from California as it does for residents from other states.
Public schools receive funds from the state to help them cover costs. Public insitutions often offer reduced tuition for students who are residents of that state.
Choosing a college where you qualify for in-state residency can cut the cost of college tuition. Take the time to check your state's eligibility criteria for in-state residency. Each state has different requirements to qualify as in-state resident. Most states require students to have resided in the state for a certain period of time before qualifying. There may be additional requirements too, depending on the state you and your parents currently reside in.
Explore other California colleges
Tuition at LMU is the same for each student.
Students from outside of the U.S. usually do not qualify for for federal financial aid, but may be eligible for private or school-specific aid and scholarships.
International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.
In addition to the cost of tuition, room and board, books, transportation and fees are also costs it consider when planning for college. Let's take a look at what impacts these costs, and what to expect at LMU.
Housing and campus dining at LMU is $18,262 a year. This includes the cost of living in dorms or other on-campus housing, plus a meal plan that enables you to eat in the LMU's on-campus cafeterias and dining facilities.
Meal-plan costs can depend on the numnber of meals you intend to eat on-campus
First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The actual cost of books depends on the courses you take and what kinds of books and materials they require. To save money, many students choose to use books from the library or buy used textbooks and materials.
Most schools charge some yearly fees to offsets cost associated with maintaining facilties, like the library, gym and computer labs.
There may be optional fees associated with participating in special activities, like Greek Life, or playing on an intramural sports team. Most colleges offer resources for students with demonstrated need to get help covering these fees.
The total cost of transportation in college can really vary. Will you drive, fly, or take public transportation to school? Will you need to pay to park on-campus? Is the campus easy to get around on foot? Do you plan to bring a car or will you need to use public transportation? All of these factors can drastically impact your estimated cost of transportation. Keeping in mind, first-year students are allowed to park a car on campus.
Where are a college is located can also have a big effect on transportation costs. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand transportation in a city is often costly, but there may be more buses, trains and low-cost flight options to actually get to school. Loyola Marymount Universityis in a suburban setting in California, near Los Angeles.
When budgeting for college, don’t forget to leave some room in your budget for the cost of things like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.
Now, let’s go over all of the costs we've covered, to get a better estimate of how much students can expect to shell out for LMU.
What will the cost of attending LMU be? Here is a breakdown of tuition and expenses.
|2022 Total Tuition and Expenses|
|Room and Board||$18,262|
The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
|Total Estimated Costs|
The breakdowns above provide a good estimate of the total cost of attendance before financial aid and scholarships. Tuition and fees may vary depending on program, course level, location, and more.
LMU’s tuition and fees change based on: •Course load for part-time students
In 2022, 2,875 of the 7,127 undergrads enrolled received financial aid. LMU meets 65.2% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $30,471 a year. Around 47% of LMU undergrads take out student loans to cover any remaining costs. LMU graduates who have student loans graduate with an average of $32,358 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type|
|Most Common Loans for LMU Students|
Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.
The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on LMU financial aid, keep reading, or visit their financial aid website.
Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.
In 2022, LMU awarded 2,802 need-based scholarships to students, giving away total of $67.4 million to help students with financial need cover the cost of school. An additional $38.58 million in merit-based scholarship money was awarded to students without demonstrated financial need.
The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.
Now that we have a sense of the total estimated costs for LMU students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.
When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.
The average amount of financial aid received by a full-time first year student with demonstrated need at LMU was $30,471 in 2022. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of LMU seem more manageable.
|Estimated Net Cost for Full-Time Students|
What will attending LMU really cost you? The answer depends on several factors.
As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families understand the actual cost of attending that school, based on their financial situation. You can find the LMU's net cost calculator on their website.
Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.
LMU offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.
Schools sometimes offer tuition waivers to certain groups, to make attending more affordable. Some schools offer tuition waivers for employees and their family members, underrepresented students, or military students. Even with a tuition waiver, students are usually responsible for housing, meal plans, and other expenses.
LMU has some full or partial tuition waivers available for: - Employees or Children of Employees
Check the financial aid website for more information on payment plans and tuition waivers.
Click below to find out more about the admissions requirements and deadlines, student life, academics, majors and more.
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Tuition & Fees
Students Who Receive Need-Based Aid
Average Financial Aid Package
Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
Tuition and Fees
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