The Loyola New Orleans 2011-2012 school year will bring an undergraduate class of 850 students, and a 5.9 percent tuition increase and 6 percent room and board increase.
Currently, on-campus Loyola students pay an estimated $ 42,002 and off-campus students pay an estimated $31,754, according to Loyola Admissions.
During the spring convocation speech, the Rev. Kevin Wildes, S.J., brought up the plans to raise tuition and the expected benefits reaped from the allocation of incoming revenue. "Next year's budget would result in a surplus of $660,000," he said. "I directed Jay Calamia to set up a Plant Fund to address ongoing maintenance issues and we will transfer $560,000 to the fund at the end of next year." The remaining $100,000 will be surplus for next year's budget allocation, said Wildes.
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