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Virginia University of Lynchburg Paying for Your Degree

100% Freshmen Get Financial Aid
$9,455 Average Grant & Scholarship
75% Undergrads Get Grant Aid

A large number of students are not billed the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at Virginia University of Lynchburg can sound tremendous, but do not forget that almost all students get some type of financial help.

What financial aid options can Virginia University of Lynchburg offer, and what will you qualify for? Keep reading for more information. Keep going to discover just how much financial aid could be open to you.

Understanding Virginia University of Lynchburg Financial Aid Info

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 Virginia University of Lynchburg.

Typical First Year Financial Aid at Virginia University of Lynchburg

Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.

Looking at the entering class at Virginia University of Lynchburg, 100% of entering full-time freshmen got some type of financial assistance roughly 50 students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)90%$6,262
Institutional grants & scholarships90%$2,187
Federal Pell grants90%$3,979
State/local grants0%
Federal student loans100%$3,830

Free Money: Grants and Scholarships at Virginia University of Lynchburg

The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Virginia University of Lynchburg, some 75% of undergraduates were awarded an average grant or scholarship of $9,455 (across roughly 127 recipients).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)75%$9,455
Federal Pell grants75%$6,799
Federal student loans77%$6,841

Title-IV recipients living on campus saw average grant aid of $4,075.

What Families Pay by Income at Virginia University of Lynchburg

How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.

Family IncomeAverage Net Price
$0 – $48,000$17,027
$30,001 – $75,000$18,940
Over $75,000$20,810

Remember these are net prices — what families pay after gift aid, not before.

The Real Cost of Attending Virginia University of Lynchburg

The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.

CohortAverage Net Price
On-campus title-IV students$21,253
Off-campus title-IV students$18,184

For a customized cost estimate, visit Virginia University of Lynchburg’s net price calculator: www.vul.edu/netcalc/NetPriceCalc.htm.

What Students Owe at Virginia University of Lynchburg

Graduating students at Virginia University of Lynchburg carry a median federal student debt of $9,859 in federal student debt.

MetricAmount
Median federal debt (all student-aid borrowers)$9,859
Median federal debt (graduates only)$24,250
Typical 10-year monthly payment (graduates)$257.09/mo

Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.

The Range of Student Debt at this School

A single median figure conceals how much debt outcomes differ student to student. The four reference points below map the debt distribution at Virginia University of Lynchburg.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$2,750
25th percentile$4,750
75th percentile$31,250
90th percentile (highest-debt students)$51,410

Student Debt by Cohort at Virginia University of Lynchburg

The figures below break down median federal debt by income tier, first-generation status, and dependency.

Median Debt by Income Bracket

Income tierMedian federal debt
Low income$12,808

By Dependency Status

CohortMedian federal debt
Dependent students$9,500
Independent students$20,000

Calculated Debt-Outcome Indicators

Federal data publishes pre-calculated indicators that summarize debt outcomes. Virginia University of Lynchburg.

Federal Student Loans at Virginia University of Lynchburg

Most undergraduate borrowing runs through the federal Stafford loan program. The annual Stafford volume below reflects program activity at Virginia University of Lynchburg:

MetricValue
Stafford loan recipients2493
Total Stafford loan amount$56,971,232

Veterans Benefits at Virginia University of Lynchburg

The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.

Post-9/11 GI Bill activity

MetricValue
GI Bill recipients66
Total GI Bill amount$1,247,400
Average GI Bill amount per recipient$18,900

References

More about our data sources and methodologies.

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