Loyola Chicago Room and Board Costs

Attending Loyola University Chicago is a significant investment in one’s future, and understanding the costs associated with room and board is essential for students and their families. As a private Jesuit university, Loyola Chicago offers a comprehensive educational experience that includes a range of housing options and dining plans to suit various needs and preferences.

For the academic year 2022-2023, the estimated costs for room and board at Loyola University Chicago are as follows:

• Traditional Residence Halls: The cost for a traditional double room ranges from 9,300 to 10,300 per semester, depending on the specific residence hall and the student’s meal plan. Traditional residence halls offer a shared room with a roommate, community bathrooms, and access to communal lounge spaces.
• Suite-Style Residence Halls: The cost for a suite-style double room ranges from 10,300 to 11,300 per semester. Suite-style residence halls offer a private bedroom with a roommate, a shared living room, and a bathroom.
• Apartment-Style Residence Halls: The cost for an apartment-style double room ranges from 11,300 to 12,300 per semester. Apartment-style residence halls offer a private bedroom with a roommate, a shared living room, kitchen, and bathroom.

In addition to room costs, students must also consider the cost of meal plans. Loyola University Chicago offers several dining plans to accommodate different eating habits and preferences:

• Full Meal Plan: The full meal plan costs 2,800 per semester and provides 19 meals per week, plus 200 in Rambler Bucks (flexible dining dollars).
• Partial Meal Plan: The partial meal plan costs 2,300 per semester and provides 14 meals per week, plus 200 in Rambler Bucks.
• Commuter Meal Plan: The commuter meal plan costs 1,200 per semester and provides 5 meals per week, plus 100 in Rambler Bucks.

It’s essential to note that these costs are subject to change and do not include additional fees, such as laundry, parking, and health insurance.

To help students and their families manage these costs, Loyola University Chicago offers various forms of financial aid, including scholarships, grants, loans, and work-study programs. The university’s financial aid office provides personalized guidance and support to ensure that students can make informed decisions about their financial investment.

In comparison to other private universities in the United States, Loyola University Chicago’s room and board costs are relatively competitive. According to data from the National Center for Education Statistics, the average cost of room and board for the 2022-2023 academic year at private non-profit universities is around $11,300 per semester.

To make the most of their investment, students should carefully review their housing options, meal plans, and financial aid packages to ensure they are making an informed decision that meets their individual needs and budget.

In conclusion, Loyola University Chicago’s room and board costs are an essential aspect of the overall college experience. By understanding the different housing options, meal plans, and financial aid packages available, students can make informed decisions about their investment in their education and future.