by our College Data Analytics TeamMost students will never be charged the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to Liberty University can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
What financial assistance options will Liberty University offer, and what will you qualify for? Read on for more information. Keep going to discover just how much financial aid could be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The information provided on this page can help you determine how much aid you may receive from Liberty University.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Looking at the entering class at Liberty University, 97% of entering full-time freshmen got some type of financial assistance (about 4251 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 97% | $12,489 |
| Institutional grants & scholarships | 97% | $9,684 |
| Federal Pell grants | 31% | $5,685 |
| State/local grants | 19% | $4,736 |
| Federal student loans | 51% | $5,471 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At this school, about 79% of undergraduates were awarded grant or scholarship aid averaging $7,200 (for some 41883 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 79% | $7,200 |
| Federal Pell grants | 38% | $5,168 |
| Federal student loans | 46% | $7,383 |
For students living on campus and receiving title-IV aid, grants averaged $12,668.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $29,916 |
| $30,001 – $75,000 | $27,225 |
| Over $75,000 | $30,166 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $29,357 |
| Off-campus title-IV students | $29,552 |
For an estimate tailored to your family circumstances, see Liberty University’s net price tool: www.liberty.edu/student-financial-services/net-price-calculator/.
The median student at Liberty University graduates with $15,943 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $15,943 |
| Median federal debt (graduates only) | $24,500 |
| Typical 10-year monthly payment (graduates) | $259.74/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
Looking only at the median can be misleading because it hides the spread. The four reference points below map the debt distribution at Liberty University.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,167 |
| 25th percentile | $5,902 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $39,016 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $13,935 |
| Middle income | $16,666 |
| High income | $16,892 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,828 |
| Continuing-generation students | $16,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $15,000 |
| Independent students | $16,500 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Liberty University.
Most undergraduate borrowing runs through the federal Stafford loan program. The annual Stafford volume below reflects program activity at Liberty University:
| Metric | Value |
|---|---|
| Stafford loan recipients | 296476 |
| Total Stafford loan amount | $8,402,029,482 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 9298 |
| Total GI Bill amount | $48,761,048 |
| Average GI Bill amount per recipient | $5,244 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 7089 |
| Total DoD amount | $14,853,242 |
| Average DoD amount per recipient | $2,095 |
References
More about our data sources and methodologies.