by our College Data Analytics TeamA large number of students will not be asked to pay the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at University of Lynchburg can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financial aid options can Lynchburg offer you, and what will you qualify for? Keep reading for more information. Scroll down to discover just how much financial aid could be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Read on to get a sense of the financial assistance available at University of Lynchburg.
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.
For freshmen starting at University of Lynchburg, 100% of first-time, full-time freshmen received some form of financial aid (about 473 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $26,491 |
| Institutional grants & scholarships | 99% | $21,860 |
| Federal Pell grants | 31% | $5,760 |
| State/local grants | 57% | $4,723 |
| Federal student loans | 75% | $5,390 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Here, some 100% of the undergraduate population received grant aid that averaged $22,229 (for some 1792 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $22,229 |
| Federal Pell grants | 28% | $5,542 |
| Federal student loans | 67% | $6,654 |
Title-IV recipients living on campus saw average grant aid of $27,832.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $18,419 |
| $30,001 – $75,000 | $19,072 |
| Over $75,000 | $21,047 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $22,235 |
| Off-campus title-IV students | $20,187 |
For a personalized estimate based on your family’s financial situation, use Lynchburg’s net price calculator: www.lynchburg.edu/undergraduate-admission/financial-aid/estimating-costs/.
A typical borrower at Lynchburg leaves with $22,500 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $22,500 |
| Median federal debt (graduates only) | $27,000 |
| Typical 10-year monthly payment (graduates) | $286.24/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The numbers below show the full range, not just the middle of the distribution. The four reference points below map the debt distribution at Lynchburg.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $10,000 |
| 75th percentile | $29,000 |
| 90th percentile (highest-debt students) | $38,000 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $25,000 |
| Middle income | $24,896 |
| High income | $20,948 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $22,747 |
| Continuing-generation students | $21,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $21,500 |
| Independent students | $30,414 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Lynchburg.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at Lynchburg:
| Metric | Value |
|---|---|
| Stafford loan recipients | 9933 |
| Total Stafford loan amount | $257,390,172 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 112 |
| Total GI Bill amount | $2,004,296 |
| Average GI Bill amount per recipient | $17,896 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.