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Loyola University Maryland · Maryland

Loyola Maryland scholarships and merit aid

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 Jul 20262 months ago· CC-1

The short answer

Is Loyola Maryland worth a closer look?

Loyola Maryland is worth checking if your student has strong grades or scores. We found 4 published awards, and 3 are based on those numbers.

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

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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.

$39,000–$41,000 per year (2026-27)

Presidential Scholarship

Based on grades or scoresCan continue
See who qualifies
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.

Notes

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

Source

$37,000–$38,000 per year (2026-27)

Dean's Scholarship

Based on grades or scoresCan continue
See who qualifies
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.

Notes

Tuition-only award split between fall and spring.

Source

$35,000–$36,000 per year (2026-27)

Loyola Scholarship

Based on grades or scoresCan continue
See who qualifies
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.

Notes

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

Source

Full tuition

Marion Burk Knott Scholarship

Apply separatelyCan continue
GPA
3.0+ maintained each semester for renewal
See who qualifies and how to keep it
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.

Notes

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

Source

See what could change an award

Rules that could change the answer

These are the rules we would flag for your family. Each comes from Loyola Maryland's published information.

  • 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.

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 $29,547about 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, CDS 2023-2024
Average merit award$29,547Across recipients, CDS 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

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

    Loyola Maryland is in a recognizable cluster (147 schools share this category). That framing matters when comparing peer schools that may publish the policy differently or not at all.

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

    Loyola Maryland is one of them. The cohort minority (82 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.

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