Loyola University Chicago
Chicago, IL1032 W. Sheridan Rd, Chicago, IL 60660
773-274-3000
Loyola University Chicago is a private Catholic research university in Chicago, Illinois. Founded in 1870 by the Jesuits, Loyola is one of the largest Catholic universities in the United States. Loyola's professional schools have produced a number of alumni who have gone on to prominent careers in medicine, law, business, politics, and academia.
Loyola is a member of the Association of Jesuit Colleges and Universities and is one of 28 member institutions of the Association of Catholic Colleges and Universities. The university is accredited by the North Central Association of Colleges and Secondary Schools and 13 other professional associations.
Loyola University Chicago was founded as St. Ignatius College on June 30, 1870, by Jesuit priest and educator Fr. Arnold Damen. At that time Chicago was a small city with a population of about 300,000. The school's first president was Fr. Michael Egan.
In 1896, the school moved from its original location on Wabash Avenue to a new campus on Loyola Avenue in the Rogers Park neighborhood on the city's North Side. The move was made in part to accommodate the growing number of students and the need for more space.
The Loyola University Chicago campus is situated on Lake Michigan, just north of downtown Chicago. The Lake Shore Campus is home to the majority of the university's undergraduate and graduate students. The Water Tower Campus, located in the Gold Coast neighborhood on the city's Near North Side, houses the university's School of Law, School of Business, and Institute of Environmental Sustainability.
Loyola's athletic teams compete in Division I of the NCAA and are known as the Ramblers. The university fields teams in 18 men's and women's sports.
Loyola University Chicago is a comprehensive research university with 11 colleges and schools offering more than 80 undergraduate and 140 graduate and professional programs. The university has an enrollment of more than 16,000 students, of which about 10,000 are undergraduates and 6,000 are graduate and professional students.
Loyola's colleges and schools include the College of Arts and Sciences, the School of Business, the School of Communication, the School of Education, the School of Law, the School of Medicine, the School of Nursing, the Stritch School of Medicine, the Marcella Niehoff School of Nursing, the School of Social Work, and the Graduate School.
Loyola's faculty includes more than 1,000 full-time and part-time instructors. The university's student-to-faculty ratio is 11:1.
Loyola University Chicago is a private institution. The university's tuition and fees for the 2019-2020 academic year are $51,400 for undergraduate students and $44,760 for graduate and professional students. Financial aid is available to those who qualify.
Loyola University Chicago is accredited by the Higher Learning Commission.
Quick Facts
Enrollment: 16893
Acceptance Rate: 70.54%
Type: Private not-for-profit, 4-year or above
Main Website: https://www.luc.edu/
Financial Aid: https://www.luc.edu/finaid/index.shtml
Annual Costs
Total Cost In-State On-Campus: $63640
Total Cost Out-State On-Campus: $63640
Return on Investment Rating
The estimated cost for four years as an undergraduate at Loyola University Chicago is $238636.24. This includes the average cost of attendance for four years plus the interest on the average loan over a ten year repayment minus the average of grants and scholarships per student.
We then contrast this figure with average early-career and mid-career average incomes of graduates of four year programs at Loyola University Chicago. For graduates of Loyola University Chicago, we saw an average early-career income of $58300.00 and mid-career income of $105700.00. We then ranked the school's value based on how many years of mid-career income it takes to repay the educational costs.