Loyola University Chicago

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2020 Undergraduate Tuition
$45,500
3.16% growth from 2019
2020 Average Net Price
$37,731
After Financial Aid
2018 Student Loan
2.76%
Default Rate
2020 Acceptance Rate
70.5%
25,453 Applicants
2020 Enrolled Students
16,893
88.5% Full-Time
2020 Graduation Rate
76%
1,743 Graduates

About

Loyola University Chicago is a higher education institution located in Cook County, IL. In 2016, the most popular Bachelor's Degree concentrations at Loyola University Chicago were Registered Nursing (487 degrees awarded), General Biological Sciences (312 degrees), and General Psychology (262 degrees).

In 2020, 5,550 degrees were awarded across all undergraduate and graduate programs at Loyola University Chicago. 67.5% of these degrees were awarded to women, and 32.5% awarded men. The most common race/ethnicity group of degree recipients was white (3,162 degrees), 4.73 times more than then the next closest race/ethnicity group, hispanic or latino (669 degrees).

The median undergraduate tuition at Loyola University Chicago is $45,500, which is $16,871 more than the national average for Doctoral Universities ($28,629).

Costs

The median undergraduate tuition at Loyola University Chicago is $45,500, which is $16,871 more than the national average for Doctoral Universities ($28,629).

After taking grants and loans into account, the average net price for students is $37,731.

In 2020, 89% of undergraduate students attending Loyola University Chicago received financial aid through grants. Comparatively, 55% of undergraduate students received financial aid through loans.

Student Expenses

Tuition Costs

$45,500
2020 Undergraduate Tuition

In 2020, the cost of tuition at Loyola University Chicago was $45,500. The cost of tuition at Loyola University Chicago is $16,871 more than than the overall (public and private) national average for Doctoral Universities ($28,629).

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Average Net Price

$37,731
2020 Value
3.69%
1 Year Growth

In 2020 Loyola University Chicago had an average net price — the price paid after factoring in grants and loans — of $37,731. Between 2019 and 2020, the average net price of Loyola University Chicago grew by 3.69%.

This chart compares the average net price of Loyola University Chicago (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

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Other Student Expenses

$13,294
Room and Board
$1,200
Books and Supplies

The average yearly cost of room and board at Loyola University Chicago was of $13,294 in 2020. During the same period, the average yearly cost of books and supplies was $1,200. The cost of room and board increased by 2.34% between 2019 and 2020. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

89%
Undergraduates Receiving Financial Aid through Grants
55%
Undergraduates Receiving Financial Aid through Loans

89% of undergraduate students at Loyola University Chicago received financial aid through grants or loans in 2020. This represents a growth of 1.14% with respect to 2019, when 88% of undergraduate students received financial aid.

This chart compares the average award discount at Loyola University Chicago (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

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Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.
2.76%
2018 Default Rate
104
Number of Defaults

In 2018 the default rate for borrower's at Loyola University Chicago was 2.76%, which represents 104 out of the 3763 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

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Admissions

Loyola University Chicago received 25,453 undergraduate applications in 2020, which represents a 0.508% annual decline. Out of those 25,453 applicants, 17,954 students were accepted for enrollment, representing a 70.5% acceptance rate.

There were 16,893 students enrolled at Loyola University Chicago in 2020, and 100% of first-time enrollees submitted SAT scores with their applications.

Loyola University Chicago has an overall enrollment yield of 11.9%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

70.5%
Acceptance Rate in 2020
17,954
Accepted Out of 25,453

In 2020, the undergraduate acceptance rate of Loyola University Chicago was 70.5% (17,954 admissions from 25,453 applications). This is higher than the acceptance rate of 2019, which was 67.2%. Between 2019 and 2020, the number of applicants declined by −0.508%, while admissions grew by 4.4%.

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SAT Scores

100%
Submission Percentage
2,126
Scores Submitted

100% of enrolled first-time students at Loyola University Chicago in 2020 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

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Enrollment

Loyola University Chicago has a total enrollment of 16,893 students. The full-time enrollment at Loyola University Chicago is 14,953 students and the part-time enrollment is 1,940. This means that 88.5% of students enrolled at Loyola University Chicago are enrolled full-time.

The enrolled student population at Loyola University Chicago, both undergraduate and graduate, is 54.7% White, 16.4% Hispanic or Latino, 11.8% Asian, 6.54% Black or African American, 3.93% Two or More Races, 0.178% Native Hawaiian or Other Pacific Islanders, and 0.101% American Indian or Alaska Native.

Students enrolled at Loyola University Chicago in full-time Undergraduate programs are most commonly White Female (37.3%), followed by White Male (16.9%) and Hispanic or Latino Female (11.9%). Students enrolled in full-time Graduate programs are most commonly White Female (35.6%), followed by White Male (20%) and Hispanic or Latino Female (8.96%).

Full-Time vs Part-Time Enrollment

88.5%
Full-Time Enrollment

The total enrollment at Loyola University Chicago, both undergraduate and graduate, is 16,893 students. The full-time enrollment at Loyola University Chicago is 14,953 and the part-time enrollment is 1,940. This means that 88.5% of students enrolled at Loyola University Chicago are enrolled full-time compared with 76.4% at similar Doctoral Universities.

This chart shows the full-time vs part-time enrollment status at Loyola University Chicago (in red) compares to similar universities.

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Retention Rate over Time

85%
2020 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Loyola University Chicago was 85%. Compared with the full-time retention rate at similar Doctoral Universities (84.5%), Loyola University Chicago had a retention rate higher than its peers.

This chart shows the retention rate over time at Loyola University Chicago (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity
  1. White
    9,236
  2. Hispanic or Latino
    2,771
  3. Asian
    1,992

The enrolled student population at Loyola University Chicago is 54.7% White, 16.4% Hispanic or Latino, 11.8% Asian, 6.54% Black or African American, 3.93% Two or More Races, 0.178% Native Hawaiian or Other Pacific Islanders, and 0.101% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Doctoral Universities is 49.8% White, 15.1% Hispanic or Latino, and 9.74% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 440 students (2.6%) did not report their race.

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Graduates

In 2020, 1946 more women than men received degrees from Loyola University Chicago. The most common race/ethnicity group of degree recipients at Loyola University Chicago is white (3,162 degrees awarded). There were 4.73 times more white graduates than the next closest race/ethnicity group, hispanic or latino (669 degrees).

The most common Bachelor's Degree concentration at Loyola University Chicago is Registered Nursing (487 degrees awarded), followed by General Biological Sciences (312 degrees) and General Psychology (262 degrees).

The most specialized majors across all degree types at Loyola University Chicago, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Legal (595 degrees awarded), Public Administration and Social Service (335 degrees), and Biology (556 degrees).

Workforce

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Loyola University Chicago are Physicians (378,299 people), Social workers, all other (145,472 people), Other managers (140,435 people), Postsecondary teachers (133,727 people), and Elementary & middle school teachers (99,903 people).

The most specialized majors at Loyola University Chicago are Legal (595 degrees awarded), Public Administration and Social Service (335 degrees), Biology (556 degrees), Natural Resources & Conservation (95 degrees), and Philosophy and Religious Studies (41 degrees).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Loyola University Chicago are Surgeons, Aerospace engineers, Aircraft pilots & flight engineers, Physicians, and Dentists

The most specialized majors at Loyola University Chicago are Legal (595 degrees awarded), Public Administration and Social Service (335 degrees), Biology (556 degrees), Natural Resources & Conservation (95 degrees), and Philosophy and Religious Studies (41 degrees).

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Common Industries by Major

The most common industries for people who hold a degree in one of the 5 most specialized majors at Loyola University Chicago are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (480,786 people), Colleges, universities & professional schools, including junior colleges (303,296 people), Elementary & secondary schools (241,057 people), Offices of physicians (180,529 people), and Scientific research & development services (124,421 people).

The most specialized majors at Loyola University Chicago are Legal (595 degrees awarded), Public Administration and Social Service (335 degrees), Biology (556 degrees), Natural Resources & Conservation (95 degrees), and Philosophy and Religious Studies (41 degrees).

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Degrees

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Loyola University Chicago.
Most Common
  1. 487 degree-majorss awarded
  2. 312 degree-majorss awarded
  3. 262 degree-majorss awarded

In 2020, the most common bachelors degree concentration at Loyola University Chicago was Registered Nursing with 487 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Loyola University Chicago according to their major.

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Sex Breakdown for Common Majors

1,802
Degrees Awarded to Men
in 2020
3,748
Degrees Awarded to Women
in 2020

In 2020, 1,802 degrees were awarded to men at Loyola University Chicago, which is 0.481 times less than the number of degrees awarded to females (3,748).

This chart displays the sex disparity between the top 5 majors at Loyola University Chicago by degrees awarded.

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Most Common Male Majors

In 2020, 103 degrees were awarded to men at Loyola University Chicago in General Biological Sciences, which is 0.484 times less than the 213 female recipients with that same degree.

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Most Common Female Majors

In 2020, 426 degrees were awarded to women at Loyola University Chicago in Registered Nursing, which is 6.87 times more than the 62 male recipients with that same degree.

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Time to Complete

67%
100% Completion Time
74%
150% Completion Time

In 2020, 67% of students graduating from Loyola University Chicago completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 74% completed their degrees within 150% of the normal time, and 75% within 200%.

The following chart shows these completion rates over time compared to the average for the Doctoral Universities Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

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Diversity

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
American Indian or Alaska Native Female
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Loyola University Chicago is Female and American Indian or Alaska Native (100% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (72.4%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 1.78% of graduates (31 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    3,162 degrees awarded
  2. Hispanic or Latino
    669 degrees awarded
  3. Asian
    511 degrees awarded

The most common race/ethnicity at Loyola University Chicago is white (3,162 degrees awarded). There were 4.73 times more white recipients than the next closest race/ethnicity group, hispanic or latino (669 degrees).

5.26% of degree recipients (292 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic
  1. White Female
    2,145 degrees awarded
  2. White Male
    1,017 degrees awarded
  3. Hispanic or Latino Female
    462 degrees awarded

The most common race/ethnicity and sex grouping at Loyola University Chicago is white female (2,145 degrees awarded). There were 2.11 times more white female recipients than the next closest race/ethnicity group, white male (1,017 degrees).

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Operations

Loyola University Chicago has an endowment valued at nearly $701M, as of the end of the 2020 fiscal year. The return on its endowment was of $17.7M (2.52%), compared to the 3.48% average return ($10.5M on $302M) across all Doctoral Universities.

In 2020, Loyola University Chicago had a total salary expenditure of $584M. Loyola University Chicago employs 348 Instructors, 176 Associate professors, and 153 Professors. Most academics at Loyola University Chicago are Female Instructors (200), Male Instructors(148), and Male Professors (94).

The most common positions for non-instructional staff at Loyola University Chicago are: Management, with 279 employees, Office and Administrative Support, with 194 employees, and Service with 167 employees.

Finances

Endowment

$701M
2020 Endowment
1.6%
growth from 2019

Loyola University Chicago has an endowment valued at about $701M, as of the end of the 2020 fiscal year. The endowment of Loyola University Chicago grew 1.6% from the previous year. The value of their endowment was $399M higher than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Loyola University Chicago (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Doctoral Universities: Higher Research Activity Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts
  1. $34.4M - Federal
  2. $165k - State
  3. $181k - Local

As of 2020, Loyola University Chicago received $34.4M in grants and contracts from the federal government, $165k from state grants and contracts, and $181k from local grants and contracts.

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Expenses

Salary Expenditure

$296M
2020 Salaries
11.9%
growth from 2019

In 2020, Loyola University Chicago paid a median of $296M in salaries, which represents 50.7% of their overall expenditure ($584M) and a 11.9% growth from the previous year. This is compared to a 2.85% growth from 2018 and a 3.5% growth from 2017.

The median for similar Doctoral Universities is 238M (43% of overall expenditures).

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Instructional Salaries

$80.8M
Instructional Salaries
795
Number of Employees

In 2020, Loyola University Chicago paid a total of $80.8M to 795 employees working as instructors, which represents 27.3% of all salaries paid.

This is compared to a median of $69.9M (29.4%) for similar Doctoral Universities.

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Faculty and Staff

Occupations by Share

Instructor
Most Common Instructor
348 Employees
Management
Most Common Non-Instructional Employee
279 Employees

In 2020, the most common positions for instructional staff at Loyola University Chicago were Instructor with 348 employees; Associate professor with 176 employees; and Associate professor with 153 employees.

In 2020, the most common positions for non-instructional staff at Loyola University Chicago were Management with 279 employees; Office and Administrative Support with 194 employees; and Service with 167 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic
  1. Female Instructor
  2. Male Instructor
  3. Male Professor

In 2020, the most common demographic for instructional staff at Loyola University Chicago was Female Instructor with 200 employees, Male Instructor with 148 employees, and Male Professor with 94 employees.

This chart shows the sex split between each academic rank present at Loyola University Chicago.

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