Aid reduction may factor in Loyola enrollment drop
NEW ORLEANS - Officials at Loyola University in New Orleans are trying to determine whether a move to reduce student aid led to an unexpected drop in freshman enrollment for the coming fall semester.
First-year enrollment had grown since Hurricane Katrina; the university's goal was 875 first-year students for this fall.
Now, officials at the Jesuit university, where total enrollment was 5,082 this past year, say first-year students will likely total 655 or less.
Roberta Kaskel, interim vice president for enrollment management, says one factor may be the university's attempt to lower its "discount rate" - the percentage of tuition revenue reduced by granting of financial aid. Kaskel said the rate for first-year students reached nearly 58 percent last year. This year, it had dropped to just over 55 percent.