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.
Verified May 20268 days ago· CC-1
Merit tiers43 automatic on stats
Last verifiedMay 2026Analyst CC-1
Rules that bite at Loyola Maryland
The trip wires we'd flag in a custom playbook. Each is derived from Loyola Maryland's own published policy, not generic advice.
renewalPresidential 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.
Common merit-aid mistakes at Loyola Maryland
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.
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.
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.
Who this school is 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.
Tuition / cost of attendance: Approximately $83,620 for 2026-27. Full-time undergraduate tuition $61,810; on-campus housing $12,600; food $7,340. Excludes books, transportation, and personal expenses. Source
Institutional merit aid tiers
Every tier below is sourced to the school’s own published financial aid pages. Renewal terms apply only if the student maintains the stated GPA.
$39,000–$41,000 per year (2026-27)
Presidential Scholarship
AutomaticRenewable
View requirements+
Eligibility
Top automatic tier; awarded based on GPA, course rigor, and (optional) test scores at admission. No separate application.
Renewal terms
Renewable for up to 8 semesters with full-time enrollment (12+ credits/term) and a 2.0+ cumulative GPA.
Notes
Award applies to tuition charges only and is split evenly between fall and spring semesters.
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.
Named awards that don’t always surface on the main financial aid page. Each one has its own eligibility 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.
AmountUp to $10,000 annuallyEligibilityHigh-achieving students majoring in computer science, physics, mathematics, statistics, or data science; financial need required.
AmountTuition assistance (varies)EligibilityCompetitive; application due January 15. Awarded on academic merit and service, with no consideration of financial need.
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.
How Loyola Maryland compares across our verified dataset
42 of 150 verified schools in our dataset use loan-first displacement.
Loyola Maryland is in a recognizable cluster (42 schools share this category). That framing matters when comparing peer schools that may publish the policy differently or not at all.
133 of 150 verified schools publish at least one four-year renewable merit award.
Loyola Maryland is one of them. The cohort minority (17 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.