2012 - 2013
Undergraduate Catalogue
Fees
GENERAL FEES
Loyola University Maryland understands that the costs associated with high quality education are of concern to students and their families. Accordingly, the University has been diligent in managing its resources and flexible in its approach so that a Jesuit education in the Loyola tradition is available to all who pursue it. This section outlines the costs for resident and nonresident students, including tuition, room, board, and fees; the subsequent section includes discussion about financial aid at Loyola University Maryland.
Payment for tuition and applicable fees must be made by the date listed on the billing statement. An additional charge of 1.5 percent a month on the unpaid balance is made for late payment of tuition or other fees. Tuition, room and board are subject to change.
(4 course, 12 credit minimum; 6 course, 20 credit maximum)
(Applied toward tuition; nonrefundable; first-year student deposit due May 1)
Returning commuter and resident students must submit the tuition deposit to hold their place in classes. The deposit is paid in February and allows students to register for the fall semester. The deposit is applied toward the fall tuition charges. It is 50 percent refundable if the student notifies the University in writing by July 1 of the official withdrawal from the University for the upcoming fall semester. This letter should be directed to the Dean of First-Year Students and Academic Services. No refund will be granted if the student notifies the University of the intent to withdraw after the July 1 deadline.
All new students reserving space in the residence halls must submit the nonrefundable housing deposit with their application.
All continuing students reserving space in the residence halls must submit the housing deposit along with their tuition deposit. The deposit is paid in mid-February and allows students to participate in the room selection process for the upcoming fall semester. This deposit will be credited against the student's next bill for housing. It is 50 percent refundable if the student notifies the University in writing by July 1 of the official withdrawal from the University for the upcoming fall semester. This letter should be directed to the Dean of First-Year Students and Academic Services. No refund will be granted if the student notifies the University of the intent to withdraw after the July 1 deadline.
Covers the costs involved in issuing a diploma and the ordinary graduation expenses. Cost of cap and gown not included.
Activities and services fee defrays part of the costs of the cocurricular programs sponsored by the student government and provides for other helpful nonacademic services. Required of all full-time students.
Mandatory for full-time, degree-seeking students without an insurance waiver. (Subject to change from insurance carrier.)
SPECIAL FEES
Fees are payable directly to the instructor at the beginning of the course. If fee is not paid in full, a hold is placed on grade reports, transcripts, etc.
Students purchase books directly from the bookstore on a cash/credit card basis. The total book cost varies with the program of courses the student is taking, and the amount quoted is only intended to give a general estimate of the cost.
RESIDENT STUDENT FEES
All residence halls are closed when classes are not in session (Thanksgiving, Christmas, Spring Break, and Easter).
Board
Option 1: Non-Restricted Meal Service
Students access monies deposited in their Evergreen accounts by using their One Card (ID Card). Funds may be applied to various purchases (including meals) made at all Loyola facilities. Funds may be added to the account in any increment at any time through Student Administrative Services. All Evergreen monies remain in the account until students graduate or withdraw from the University.
Option 2: Restricted Meal Service
The second option operates on the same principle as the Evergreen account; however, its use is restricted to food purchases and is exempt from sales tax. Funds may be added to the account in any increment at any time through Student Administrative Services. All restricted meal account monies remain in the account until students graduate or withdraw from the University.
Housing Damage Deposit
A $45 deposit is charged when the student enters campus housing. The student is financially responsible for damage to the furniture and facilities other than normal depreciation caused through proper use. Should any damages occur while the student is in residence, a charge will be made to the student's account to cover the damage. Such bills are due when rendered. Damage to common areas is assessed on a prorated basis if individual responsibility is unknown. Upon leaving the residence hall for graduation or withdrawal, the deposit will be refunded less any charges incurred.
INTERNATIONAL PROGRAMS
Costs listed below are per semester unless otherwise noted.
Accra
Alcalá
Auckland
Bangkok
Beijing
Copenhagen
Cork
Glasgow
Leuven
Melbourne
Newcastle
Paris
Rome
(includes housing, airfare, some meals, program fee, visits, excursions, bus pass, and some books)
San Salvador
* See Tuition Fees.
** Applies to program charges.
WITHDRAWAL/REFUND POLICIES
Refund for Full-Time Registrations
When students officially withdraw or leave the University for any reason and have no indebtedness to the University, a portion of their tuition fee may be refunded. The percentage varies with the date of formal withdrawal (that date on which all withdrawal forms have been properly completed and returned to the Records Office). There are no refunds of other fees whether required or optional after the first day of class.
The fall/spring semester refund schedule is as follows:
After five weeks of a semester, there will be no tuition refund. A student dismissed or suspended by the University for disciplinary reasons will not be entitled to any refunds.
Refund for Part-Time Registrations
Part-time students who formally withdraw from a course will receive a tuition refund according to this schedule:
After the fifth week of class, there will be no tuition refund. Registration and lab fees are not refundable.
Federal Return of Title IV Funds Policy
The Financial Aid Office is required by federal statute to recalculate federal financial aid eligibility for students who withdraw, drop out, are dismissed, or take a leave of absence prior to completing 60 percent of a payment period or term. Federal Title IV financial aid programs must be recalculated in these situations.
If a student leaves the institution prior to completing 60 percent of a payment period or term, the Financial Aid Office recalculates eligibility for Title IV funds. Recalculation is based on the percentage of earned aid using the following Federal Return of Title IV funds formula: percentage of payment period or term completed equals the number of days completed up to the withdrawal date, divided by the total days in the payment period or term. (Any break of five days or more is not counted as part of the days in the term.) This percentage is also the percentage of earned aid.
Funds are returned to the appropriate federal program based on the percentage of unearned aid using the following formula: aid to be returned equals 100 percent of the aid that could be disbursed, minus the percentage of earned aid, multiplied by the total amount of aid that could have been disbursed during the payment period or term.
If a student earned less aid than was disbursed, the institution would be required to return a portion of the funds, and the student would be required to return a portion of the funds. Keep in mind that when Title IV funds are returned, the student borrower may owe a debit balance to the institution.
If a student earned more aid than was disbursed, the institution would owe the student a post-withdrawal disbursement which must be paid within 120 days of the student's withdrawal. The institution must return the amount of Title IV funds for which it is responsible no later than 30 days after the date of the determination of the date of the student's withdrawal. Refunds are allocated in the following order:
- Unsubsidized Direct Stafford Loans;
- Subsidized Direct Stafford Loans;
- Federal Perkins Loans;
- Federal Direct Parent (PLUS) Loans;
- Federal Pell Grants for which a return of funds is required;
- Federal Supplemental Opportunity Grants for which a return of funds is required;
- Federal TEACH Grants for which a return of funds is required;
- other assistance under this Title for which a return of funds is required.