Simplify the following text for a Grade 13 native English-speaking person.
Original: The Loyola Schools have around 8,000 undergraduate students and around 3,000 graduate students making the Ateneo small , in terms of population , relative to many other Philippine universities .
Simplified: The Loyola Schools have around 7,500 undergraduate students and around 3,000 graduate students , making the Ateneo small , in number of students , compared to many other Philippine universities .