The total cost of attendance at Liberty University is
(which includes tuition and fees, books and supplies, and living expenses)
Liberty University provides financial aid packages to help students pay for educational expenses. Student Financial Services, once students submit their FAFSA form, will provide financial aid awards based on need. Some merit-based opportunities are available and may also have a need component. Additionally, students are encouraged to fill out the Virginia State Tuition Assistance application. This will maximize the potential of students' aid packages. These packages include student and parent federal loans, institutional, state, and federal grants, and scholarships, and federal work-study opportunities. Students can also apply for private student loans and outside scholarships to help subsidize the cost of their education.
There is a state grant available to some students called the Virginia State Tuition Assistance Grant. This need-based grant requires a separate application that can be found through the financial aid office handy VTAG Fact Sheet; students wishing to pursue teaching can potentially receive a bonus grant as part of VTAG.
In addition to freshman scholarships, LU offers students transfer student scholarships, a Missionary Kid Scholarship Program, Liberty Scholarships Online Learning Scholarships, graduate student scholarships, and information about scholarships and financial aid opportunities for military and veteran students. More information on the scholarship policies can be found on the General Scholarship Rule Section page.
One students receive their financial aid packages, they are may be eligible for Book Dollars and Book Vouchers. These "Book" programs allow students to purchase books and supplies in time for the start of their classes, even if their financial aid has not been distributed. Additionally, in order to be eligible for Book Dollars and Book Vouchers, students must first complete the Financial Check-In. This process is LU's way to ensure that students finalize courses and financial aid arrangements. You can also sign up for dining hall plans, choose payment plans, and select residence hall. Students can check out this video tutorial for more information.
Another way that students can save money is through Inclusive Access which is "an enhanced educational experience that leverages various interactive learning platforms by converting print content from top publishers into digital content." Essentially students who are part of this experience are able to save money on expensive textbooks since some are now accessible in digital form. Flames Cash is another program making it easy for LU students to manage their finances. Through this program, students can use the Flames debit card for on-campus and even some off-campus purchases.
Liberty University makes several tools and resources available to its students as they begin to understand the process of financial aid. Students can watch a helpful smart borrowing video, compare schools with this Federal Shopping Sheet link, and calculate the cost of their education through the net price calculator.
There is a free course on Financial Literacy that is offered by LU and the Great Lakes Higher Education's GradReady® initiative. Students will learn more about financial management, budgeting, living within one's means, and other finance-related topics. Students are invited to request that the financial literacy course be added to their transcript. The course can be counted as 1 credit. Students can take some time to check out the Liberty University Financial Literacy Facebook Page for additional financial tips and tricks and to connect socially with other like-minded LU students and administrators.
Students can also learn about financial literacy topics through Liberty University School of Business Center for Financial Literacy (CFL). This CFL with its partnership with Ron Blue, known for biblical based financial planning, offers students the chance to learn about biblically-based financial literacy topics through workshops and presentations centered around making sound financial planning decisions. This page also has a variety of tools and resources including budgeting templates, debt snowball worksheets, net worth calculator tools and analysis, and financial planning for the future worksheets. Students can check for ongoing financial literacy based events and workshops on campus.
The average student at Liberty University pays
Liberty University's financial aid meets
of student's demonstrated need
At Liberty University
of freshmen receive some form of financial aid
The average Liberty University merit scholarship for students without financial need is
Liberty University offers its incoming students the opportunity to compete for Liberty Academic Scholarships and the Liberty Virginia High Achievers Scholarships based on test scores and academic performance. These are renewable scholarships with continued meeting of eligibility requirements. For the Virginia High Achiever Award, students must also fill out the FAFSA and the VTAG application. There are also Honors Program Scholarships based on test scores and academic achievement and a separate application must be filled out in order to be considered.
National Merit Scholarships are another type of merit scholarship available to students based on academic performance. It is also recommended that students apply for all scholarships that they wish to be considered for as early as possible. Ultimately, in order to be considered for the most comprehensive award, LU stresses the importance of submitting a FAFSA and admissions applications as early as possible and researching scholarship opportunities that you wish to apply for.
Very few students pay the full price. Here's the average cost for students in different income brackets:
The average student at Liberty University takes out
in student loans
The student loan repayment rate at Liberty University is
after five years
after seven years
At Liberty University
after three years
The average starting salary for a Liberty University graduate is
After graduation, here's how the average salary at Liberty University grows over time:
Liberty University's full cost of attendance has increased an average of
per year since 2014
Liberty University's average net price has increased an average of
per year since 2014
Given past trends, we expect Liberty University's tuition pricing to be the following: