Kiplinger’s Personal Finance has named Loyola University Maryland one of the nation’s best values in private colleges and universities in a survey released Oct. 28.
“I understand the great investment our students and their families make when they decide to enroll at Loyola,” said Rev. Brian F. Linnane, S.J. “I also believe that the rich learning experience we offer, the extensive financial aid resources we make available, and the opportunities for later personal and professional success our students realize make Loyola an extraordinary value, and I am very pleased to see this value recognized in such a prominent publication.”
Loyola ranked no. 71 in the nation among universities. The top 100 liberal arts colleges were ranked separately. To determine its best values, Kiplinger’s begins with indicators of quality, including small class sizes, high-achieving incoming students, first-year student retention, and high four- and five-year graduation rates. Then, the magazine considers affordability, including the average amount of financial aid bestowed, average debt at graduation, and the cost for families who pay full price.
Standout statistics for Loyola included a student-to-faculty ratio of 12:1, a four-year graduation rate of 81.4 percent, and average need-based aid of $19,275 per student, per year. All undergraduates at Loyola have 100 percent of their full demonstrated financial need met when receiving financial aid awards. Loyola’s full-need policy was implemented four years ago as part of its ongoing commitment to its Jesuit mission and values related to issues of access and affordability.
Loyola is one of three Maryland institutions included in the university ranking, and one of 18 Jesuit institutions so recognized. For the complete list of rankings, visit the Kiplinger website.
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