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Education

Loyola University Maryland expands financial aid

First source report

Catholic IntelligenceUpdated 1 min read

Loyola University Maryland is expanding its financial aid programs for students entering in fall 2027 to increase access to private Catholic education. The Baltimore-based Jesuit university announced several new and expanded affordability measures designed to give families more certainty regarding college costs during the admissions process.

Under the new Catholic High School Commitment, eligible graduates from Catholic high schools in the United States and abroad will receive at least $40,000 annually in Loyola-funded scholarships and grants. This provides a minimum of $160,000 over four years for students who meet renewal requirements. Additionally, the university will provide full tuition coverage for qualifying Maryland students who demonstrate significant financial need.

Eric Nichols, vice president for enrollment management, said the commitment recognizes the investment families have made in Catholic education and the university's relationships with Catholic secondary schools. He stated that the programs aim to make continuing a Catholic education at Loyola financially reachable for these students and families.

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