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Loyola Maryland scholarships and merit aid

Two prices: the posted one, and yours.

Posted price$83,620per year · 2026-27 · On-campus
Yours?depends on the rules below

The short answer

Loyola Maryland awards automatic merit on admission. Loyola Maryland does not publish a GPA or test chart, so you cannot self-calculate the dollars.

Where does your student land?

Verified Jul 2026
3 school sources to explore

Published rules, with the school sources close at hand. Confirm the details before you count on an award.

The award collection

Published scholarships

These amounts and requirements come from the school’s own published pages. Open an award to see who qualifies and how to keep it.

Where does your student land?

  1. Presidential Scholarship$39,000–$41,000 per year (2026-27)AutomaticRenewable
    Published awardAcademic thresholds

    Presidential Scholarship

    $39,000–$41,000 per year (2026-27)

    Published rangeAll published eligibility conditions still apply. Confirm the policy year with the school.

    Start with the award’s published eligibility.

    RenewableCheck the conditions
    Open award details for Presidential Scholarship

    Who qualifies

    Top automatic tier; awarded based on GPA, course rigor, and (optional) test scores at admission. No separate application.

    How to keep it

    Renewable for up to 8 semesters with full-time enrollment (12+ credits/term) and a 2.0+ cumulative GPA.

    Worth knowing

    Award applies to tuition charges only and is split evenly between fall and spring semesters.

  2. Dean's Scholarship$37,000–$38,000 per year (2026-27)AutomaticRenewable
    Published awardAcademic thresholds

    Dean's Scholarship

    $37,000–$38,000 per year (2026-27)

    Published rangeAll published eligibility conditions still apply. Confirm the policy year with the school.

    Start with the award’s published eligibility.

    RenewableCheck the conditions
    Open award details for Dean's Scholarship

    Who qualifies

    Middle automatic tier; awarded based on GPA, course rigor, and (optional) test scores at admission.

    How to keep it

    Renewable for up to 8 semesters with full-time enrollment and a 2.0+ cumulative GPA.

    Worth knowing

    Tuition-only award split between fall and spring.

  3. Loyola Scholarship$35,000–$36,000 per year (2026-27)AutomaticRenewable
    Published awardAcademic thresholds

    Loyola Scholarship

    $35,000–$36,000 per year (2026-27)

    Published rangeAll published eligibility conditions still apply. Confirm the policy year with the school.

    Start with the award’s published eligibility.

    RenewableCheck the conditions
    Open award details for Loyola Scholarship

    Who qualifies

    Entry automatic tier; awarded based on GPA, course rigor, and (optional) test scores at admission.

    How to keep it

    Renewable for up to 8 semesters with full-time enrollment and a 2.0+ cumulative GPA.

    Worth knowing

    Loyola Maryland is test-optional; scores are reviewed if submitted but not required.

  4. Marion Burk Knott ScholarshipFull tuitionNot automaticRenewable
    Published awardOther selection criteria

    Marion Burk Knott Scholarship

    Full tuition

    Published coverage or packageNot recorded as automatic on grades and scores. Read the selection rules. Confirm the policy year with the school.

    GPA
    3.0+ maintained each semester for renewal
    RenewableCheck the conditions
    Open award details for Marion Burk Knott Scholarship

    Who qualifies

    Requires separate application materials; deadline January 15. Awarded on academic merit and service.

    How to keep it

    Renewable annually for four years with a 3.0+ GPA each semester.

    Worth knowing

    Top competitive award at Loyola; covers full tuition for four years.

Lights up against Loyola Maryland's published cutoffs. Not an award offer; confirm with the financial aid office. Award terms and residency rules change; some awards differ for in-state and out-of-state students. Always confirm at the school’s source page.

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The fine print

Renewal rulePresidential Scholarship: renewal floor that quietly knocks awards out

Renewable for up to 8 semesters with full-time enrollment (12+ credits/term) and a 2.0+ cumulative GPA. A single rough term can end a four-year award here without warning if the GPA floor isn't met cumulatively.

What makes Loyola Maryland different

Jesuit private in Baltimore with three automatic stats-driven merit tiers ($35K–$41K) that renew at a lenient 2.0 cumulative GPA and apply to tuition only.

Merit tiers43 based on grades or scores
First-year students with school awards23%First-year students, CDS 2023-2024
Research checkedJul 2026By our research team

More than one award path

Separate the two paths.

Some awards use published academic thresholds. Others have different selection criteria. A score chart does not describe every award at this school.

  1. Match the published criteria

    Use all requirements together, including residency and the entering class.

  2. Check the application dates

    Confirm the current admission and scholarship deadlines directly with the school.

  3. Know what happens next year

    Check renewal, credit requirements and how other aid affects the award.

The fine print / Three questions to carry forward

Before you count on it.

Does it apply to us? Confirm the entering year, residency and every eligibility condition.

Can we keep it? Check renewal GPA, credits and how long the award lasts.

Can we combine it? Ask how outside scholarships and other school awards change the offer.

Take Loyola Maryland's decision sheet

A printable research summary, source links and room for your questions.

See what could change an award

What families often miss

  1. Loyola's automatic merit awards are restricted to tuition charges only and are split evenly between fall and spring. If you receive the full Presidential, you still owe roughly $20K+ per year for housing, food, and fees out of pocket or via other aid.

  2. The Knott Scholarship covers full tuition for four years and stacks meaningfully better than the $39–41K Presidential tier. It requires a separate application by January 15 — easy to miss if you only apply through the regular admission portal.

  3. Renewal also requires full-time enrollment of at least 12 credits per semester. Students who drop below full-time — common during medical, family, or financial crises — can lose merit aid even with a 3.5 GPA.

See costs and school data

Who this school may work for

B+/A- students looking for a mid-size Catholic, liberal-arts-flavored campus on the East Coast who want predictable, automatic merit that doesn't require a separate competitive scholarship application.

Cost of attendance$83,620 for 2026-27Each bar is the full published cost for that scenario, sized against the highest figure so totals compare at a glance.
On-campus$83,620
  • Tuition & fees
  • Housing & food
  • Books
  • Travel
  • Personal
  • Loan fees

First/second-year on-campus resident scenario (matches input total). Sums exactly. Health insurance not in standard budget (adjustment on request).

Loyola Maryland cost-of-attendance source

Cost and graduation facts

Federal reporting on who actually enrolls at Loyola Maryland, what they paid after aid, and what happened next — independent of anything the school markets.

Average annual net price by family income at Loyola Maryland, academic year 2021-22
Family incomeAverage net price paid
$0–$30,000$20,549
$30,001–$48,000$23,462
$48,001–$75,000$27,419
$75,001–$110,000$27,939
$110,001+$35,338
All income levels (average)$30,574

Sticker price vs. what students actually pay

Published tuition & fees, AY 2022-23
$57,150
Average net price paid (all Title-IV aid), AY 2021-22
$30,574

That works out to roughly a 59% discount below the federal AY 2021-22 average cost of attendance of $74,055 (College Scorecard — a separate, federally reported figure, not the published cost of attendance shown above).

Outcomes for students who enrolled here

Graduation rate (150% of normal time), 2016 cohort
79%
First-year retention rate, 2021 cohort
87%
Median debt at completion, 2020–2021 completers
$27,000 (~$286/mo on a 10-yr plan)
Median earnings, 10 years after entry (measured 2020-21)
$82,652
Share of students receiving a Pell grant, AY 2021-22
22%
Share of students receiving a federal loan, AY 2021-22
54%
See other scholarships and cost examples

If your student brings another scholarship

Outside scholarships are layered onto the package 'in the most favorable way possible' — they first cover any remaining balance, then reduce self-help (loans/work-study) before institutional grants are touched.

Per Loyola's published policy, externally funded scholarships are first applied to any remaining balance after existing aid, then reduce self-help aid (loans and work-study). Institutional grant aid is only adjusted if necessary after those steps. Funds are split evenly between fall and spring unless the donor specifies otherwise. Merit scholarships themselves apply to tuition charges only.

Source

More school data

From the Loyola Maryland Common Data Set 2023-2024:

Merit penetrationHow likely is merit aid here?From Loyola Maryland’s Common Data Set: the share of first-year students who receive institutional merit and the average dollar amount when they do.
23%of admitsget merit
Average award$29,547Covers ~35% of $83,620 cost of attendance

At Loyola Maryland, roughly 1 in 4 first-year admits receive institutional merit aid. The average award is $29,547 — about 35% of total cost.

As filed in Loyola Maryland's CDS Section H2A: of 1,111 first-time, full-time degree-seeking freshmen, 258 had no financial need and received institutional merit (non-need) scholarship or grant aid, averaging $29,547. Across all full-time degree-seeking undergraduates: 1,182 of 3,953, averaging $27,822. Athletic awards are excluded per the CDS definition.

Receive institutional merit23%First-year students, Common Data Set 2023-2024
Average merit award$29,547Across recipients, Common Data Set 2023-2024

Source: Common Data Set 2023-2024 (verified 2026-07-23)

Other Loyola Maryland scholarships worth checking

These awards can be harder to find. Each one has its own rules.

AmountLast-dollar funding (varies)EligibilityGraduates of designated Philadelphia-area high schools with a 3.0+ GPA; family contributes $5,000 annually.

Renewable for four years if a 3.0+ GPA is maintained.

Source

AmountUp to $10,000 annuallyEligibilityHigh-achieving students majoring in computer science, physics, mathematics, statistics, or data science; financial need required.

Source

AmountTuition assistance (varies)EligibilityCompetitive; application due January 15. Awarded on academic merit and service, with no consideration of financial need.

Source

Loyola Maryland merit aid FAQ

  • Is Loyola University Maryland's merit aid automatic?

    The three flagship tiers — Presidential, Dean's, and Loyola — are automatic based on your admission application (GPA, course rigor, and optionally test scores). No extra scholarship form is needed. The Marion Burk Knott and Marion I. and Henry J. Knott scholarships are competitive and require a separate application by January 15.

  • What GPA do I need to keep my Loyola Maryland merit scholarship?

    The automatic Presidential, Dean's, and Loyola scholarships renew for up to eight semesters with a 2.0+ cumulative GPA and full-time enrollment (12+ credits per semester). The Marion Burk Knott Scholarship requires a 3.0 each semester.

  • Does Loyola Maryland reduce my scholarship if I win an outside scholarship?

    Loyola's published policy says outside scholarships are incorporated 'in the most favorable way possible.' In practice they first cover any remaining balance, then reduce self-help (loans and work-study). Institutional grants are only adjusted after self-help is exhausted, so most students gain real net value from outside awards.

  • Can the merit scholarships at Loyola Maryland cover room and board?

    No. Loyola's automatic merit awards are restricted to tuition charges and are split evenly between fall and spring. Housing, food, fees, and other costs must be covered with need-based grants, loans, payment plans, or family resources.

  • Is Loyola Maryland test-optional, and does submitting scores help merit aid?

    Yes, Loyola is test-optional. SAT/ACT scores are not required for scholarship consideration but will be reviewed if submitted. Strong scores can help borderline candidates move up a tier, but a strong GPA and rigorous courses are the primary drivers of the automatic award.

See sources and other schools

How Loyola Maryland compares

  • 145 of 749 verified schools in our dataset use loan-first displacement.

    Loyola Maryland is in a recognizable cluster (145 schools share this category). That framing matters when comparing peer schools that may publish the policy differently or not at all.

  • 665 of 749 verified schools publish at least one four-year renewable merit award.

    Loyola Maryland is one of them. The cohort minority (84 schools) only awards one-year scholarships, which means the four-year value families assume on a brochure quote isn't guaranteed at every school.

Sources used on this page

Every claim is checked against Loyola Maryland’s own published materials. Below is the full reference set.

Compare with similar schools

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