Students At Liberty University Financial Aid

College and Finances

Statistics show that college graduates (with a bachelor’s degree) can earn twice as much as high school graduates, and their average lifetime earnings can range from $800,000 to $2 million.*

So while paying for college might feel like a financial challenge, an investment in education is an investment in your future. And many people don’t end up paying sticker price for school. Scholarships, grants, loans — all of these can make college more affordable.

Because Liberty’s mission is Training Champions for Christ, our goal is to find financial solutions that give you the best education for the most affordable price — so you can focus on finding the degree program that fits you, not on settling for something less somewhere else.

Take a look at some of the many financial opportunities you’ll find at Liberty.

*The Hamilton Project

One of the best ways to make your college tuition as affordable as possible is applying for scholarships. And with Liberty, there are plenty of ways you can earn them. This video breaks down all the scholarships we offer and explains how you can get started.


Ready for an Affordable Education?

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Did You Know?

Every CFAW hosts scholarship workshops with helpful tips for funding your education.

96% of Liberty students receive financial aid.

The Student Advocate Office regularly offers scholarship search workshops and tips for current students.

You could receive approximately $80,000 in scholarships over four years.

Following Mom or Dad to LU? If so, you could be eligible for $1,000 per year through our Legacy Scholarship.

Liberty’s average academic scholarship is $3,300 per year.

The School of Music offers over 70 scholarships to music students.

Liberty’s Center for Financial Literacy offers free biblically based financial training for Liberty students.

LU alumni who go into full-time international ministry or service for 5 years following graduation may apply to have up to 20% of federal student loans forgiven through the LU Serve International Loan Repayment Program.

Scholarships Designed for You

Learn more about the scholarship opportunities available at Liberty University. Here are just a  few of the types of scholarship awards you can learn about:

  • Enrollment Deposit Awards
  • Demographic Awards
  • Merit-Based Awards

Our Two Cents Video

Need-based Vs. Merit-based Aid

What qualifies you for particular scholarships or grants? Two things: Your financial need and your academic, athletic, or other talent-based achievements.

Need-based financial aid is awarded to you based on your family’s financial need, as determined by the Free Application for Federal Student Aid — better known as the FAFSA.

When you submit a FAFSA, the federal government takes into account your family’s income, assets, number of children, etc. and determines your Expected Family Contribution (EFC), or what is reasonable for your family to help pay toward a college education. Need-based aid uses the EFC to determine award eligibility and amounts.

Merit-based financial aid is made up of scholarships or grants that you earn. At Liberty, this could include academic scholarships like our Academic, Honors, Valedictorian/Salutatorian, or National Merit scholarships. Or it could mean trying out for a scholarship position on one of our 20 NCAA Division 1 athletic teams, Marching Band, or ministry teams.

Both need-based and merit-based scholarships are considered gift aid, which means you don’t have to pay them back.


Debunking the FAFSA Myths

Now that you know the difference between need-based and merit-based financial aid, you probably are wondering about FAFSA.

  • How important is the FAFSA?
  • How much will it cost me?
  • Will completing the FAFSA get me deeper in debt?
  • Will it commit me to Liberty University?

FAFSA Myths VIdeo

Check out our informative video on the FAFSA myths and get educated on how to fund your education.


Scholarships 

Liberty offers a wide variety of institutional scholarships, both need-based and merit-based, to help you pay for school — you can even receive $2,000 just for sending in your Enrollment Deposit on time.

There are countless ways to create a personal scholarship package — here are some of our most common combinations. See if these apply to you or design one of your own!

2020 21 General Scholarship Chart

Canadian Student Initiative

Award: 30% discount for tuition and 20% discount for room, board, and activity fee (U.S. dollar amount). Students are also eligible to be awarded an academic scholarship, up to $3,000 per year based on high school grades.

Eligibility: Canadians currently living in Canada only. Please call and speak with Mrs. Sharon Bloomfield at (434) 592-3026 or email sbloomfield@liberty.edu

Champion Award

Award:

Graduated yearly award:
Year 1 Full-time $1,000
Year 2 Full-time $2,000
Year 3 Full-time $2,250
Year 4 Full-time $2,750

*Amounts above are effective for new resident undergraduate students who begin first time attendance in Fall 2017

Eligibility:

  • Must be accepted as an undergraduate resident student for the current year.
  • Eligibility is based on the Expected Family Contribution (EFC) determined by the FAFSA.
  • Transfer and re-applied students will begin with the first year amount.
  • The scholarship expires after one year of senior status (5th year + seniors will not receive Champion Award).

Early Deposit Award

For prospective students only. Current students who did not receive this scholarship upon matriculation are not eligible.

Award: Up to $2,000 awarded toward the first year of enrollment (amount varies–depending on the time of year)

Eligibility: Pay $250 Enrollment Deposit by the deadline

Honors Program

Legacy Scholarship

Award: $1,000 per year for up to four years

Eligibility:

  • For new residential undergraduate students only with a parent/guardian who earned an undergraduate degree or higher from Liberty University (guardian could have completed a Resident or Online degree, does not include certificates)
  • All eligible applicants may receive only one Legacy Scholarship award, regardless if more than one parent/guardian earned an undergraduate degree or higher from Liberty University
  • New resident undergraduate full-time consecutively enrolled degree-seeking student
  • Must maintain Financial Aid Satisfactory Academic Progress while enrolled at Liberty
  • Must complete the FAFSA each year and VTAG application (as applicable)
  • Transfer students are eligible
  • Complete the Legacy Scholarship application prior to freshman year of enrollment
  • Must be a federally dependent child as defined by the U.S. Department of Education
  • For prospective students only. Current students who did not receive this scholarship upon matriculation are not eligible.

Liberty Academic Scholarship

For prospective students only. Current students who did not receive this scholarship upon matriculation are not eligible.

Award: You can receive the award (determined below) up to 4 years of enrollment as a resident student.

Liberty Academic Scholarship

Classical Learning Test Scholarship

Eligibility:

  • Liberty will use the best of the grade point averages from high school or a simple average of all college GPAs in which the student transfers between 12 and 24 credit hours into Liberty University.
  • SAT/ACT are not required for admission for students age 22 or older, but required for academic scholarship purposes.
  • The grid above reflects the amounts students are eligible to receive per year based on the Math and Evidence-Based Reading and Writing (ERW) portions of the SAT, the composite score of the ACT and cumulative un-weighted GPA. Super scoring is used for both the ACT (all four subtests) and the SAT (Math and ERW).
  • Students must meet the minimum Financial Aid satisfactory academic progress (SAP) standards to continue receiving this scholarship
  • Students with 25+ transferrable college credits should use the three-tiered transfer academic grid for determining their scholarship eligibility based on their college GPA. The scholarship amounts for Transfer Students with No Test Scores are as follows:
    • GPA 3.80 – 4.00 $5,000 

      GPA 3.30 – 3.79  $2,500

      GPA 3.00 – 3.29 $1,500

    •  View more information on Resident Transfer Student Scholarships
    • Students earning college credit through dual-enrollment (while in high school) should contact the Office of Admissions with questions regarding their Liberty Academic Scholarship eligibility by emailing residentscholarships@liberty.edu

School Codes:

  • SAT: 5385
  • ACT: 4364

Liberty Virginia High-Achiever Scholarship

Award: $800 per year for up to four years

Application and Eligibility:

  • For new resident students attending full-time as a degree-seeking student
  • Must have an unweighted cumulative high school GPA of 3.4 or higher
  • Must maintain satisfactory academic progress and a GPA of 3.0 or higher while enrolled at Liberty
  • Must complete the Math Placement test by the end of the fourth semester of enrollment
  • Must live on campus for the first year of enrollment (fall and spring)
  • Must be a Virginia resident
  • Must complete the FAFSA each year and the VTAG application (as applicable)
  • The scholarship is not available to transfer students
  • Lynchburg Beacon of Hope

Award: $8,000 ($2,000 per year for up to four years)

Eligibility: Graduate of a Lynchburg City School who attended 9th-12th grade who is accepted into a degree-seeking program at Liberty

Award: Additional $2,000 per year ($1,000 per semester, $8,000 over four years) for up to four years from Liberty to help fund meal plans beginning Fall 2019.

Eligibility: Be a “Stay Close, Go Far” scholarship recipient

Marching Band

Award: Varies

Eligibility: Serve on the Spirit of the Mountain Liberty Marching Band.

Middle America Scholarship

Award: Up to $5,345 per year and is stackable with other Liberty aid except DGIA, CE, and any athletic scholarships, up to the General Scholarship Rule

Eligibility:

  • Verified FAFSA with an EFC between 1 and 18,000
  • New resident undergraduate student*
  • Enrolled full-time in a degree-seeking program
  • US citizen or federally eligible non-citizen
  • Complete Financial Check-In no later than May 31 each year for Fall semester and December 15 for Spring semester
  • More information available at Liberty.edu/MiddleAmerica

*A student must have completed 12 or fewer credit hours through Liberty to be considered a “new student” for eligibility purposes.

Missionary Scholarship

Award: Full tuition per academic year (less other federal, state, and Liberty institutional gift assistance; room, board, and fees not included) disbursed over four consecutive years of a bachelor’s degree

Eligibility:

  • The Fall 2020 MK Scholarship Application is now available for completion. The Application deadline for Fall 2020 is March 1, 2020. Additional details about Liberty’s Missions Programs & Scholarships are provided here.
  • The MK Scholarship program awards a limited number of scholarships per year and is highly competitive.
  • Must be a new resident undergraduate full-time consecutively enrolled, degree-seeking student
  • Must be beginning first enrollment at Liberty, including transfer students
    • If you have earned college credit through an accredited institution during high school, prior to attending Liberty University, you may still apply for the MK Scholarship
  • Must be a college-age child of a missionary who meets the federal definition of dependent student.
  • Parent(s) must be serving full-time on a foreign mission field, not in the United States, (or on an approved furlough of 1 year or less) in good standing with an approved, participating agency.
  • Must submit an official signed letter from the mission agency confirming the missionary status and field placement (or approved furlough of 1 year or less) by the application deadline before their first/freshman year.
  • Must be a U.S. Citizen or federally defined eligible non-citizen. Legally adopted non-citizens who meet all other applicable criteria may appeal for eligibility.
  • Must complete the Free Application for Federal Student Aid (FAFSA) each year and the Virginia Tuition Assistance Grant (VTAG) application, if applicable.
  • Must live on campus all four years of enrollment.
  • Must contribute spiritually, academically, missionally, through fellowship and conduct themselves in a way which is aligned with the Code of Conduct which includes proactively serving during Missions events and participating with the Third Culture Kid (TCK) Group.
  • Must complete an application authorizing Liberty to confirm the missionary parent/s status in subsequent years and will be reviewed annually for continued eligible status of the MK Scholarship.
  • Must maintain a minimum cumulative GPA of 3.00 each semester while attending Liberty University in order to continue to receive the MK Scholarship.
  • Must remain in good standing with the University.

National Merit

New Student Book Dollars

For prospective students awarded in their first semester (fall or spring) only. Current students who did not receive this scholarship upon matriculation are not eligible.

Award: Up to $600 for one semester only (amount varies depending on the time of year)

Eligibility: Complete Financial Check-In before the deadline

Additional Award Information: Book Dollars are based on the date Financial Check-In is completed. The earlier Financial Check-In is completed, the greater the award amount (maximum award up to $600). Book Dollars cannot be combined with most full-tuition scholarships such as National Merit and the Valedictorian/Salutatorian awards, etc. Book Dollars are automatically applied to the student’s Flames Card for use at the Barnes & Noble campus bookstore approximately 20 days prior to the start of classes. Book Dollars expire prior to the end of each semester and are non-refundable. Questions regarding the expiration can be addressed by the Resident Admissions Office.

Virginia Pageants

Award: $4,500 per year for up to four years

Eligibility: Contestants have to have won one of the following pageants:

  • Miss Virginia USA
  • Miss Virginia Teen USA
  • Miss Virginia America
  • Miss Virginia Teen America

Valedictorian/Salutatorian

Virginia Scholarship

Award: $1,500 per year for up to four years

Application and Eligibility: Must be a legal, domiciled resident of the state of Virginia


Grants

Grants

Grants are gift aid that can be need-based or merit-based and are given by the government or the university.

Here are a few of the grants you could receive as a Liberty student.

FAFSA School Code: 010392

Federal Pell Grant

Amount per year:

  • 2020-2021: $639 – $6,345
  • 2019-2020: $650 – $6,195

Eligibility:

  • Complete the FAFSA
  • Undergraduate student
  • U.S. Citizen or Eligible Non-Citizen
  • Need-based:  EFC of 5711 or less (2020-2021), EFC of 5576 or less (2019-2020)
  • Prorated based on enrollment
  • Other criteria apply, subject to change

Year-Round Pell and Summer Pell: Up to an additional 50% of Pell Grant aid may be available to students who use their entire Pell Grant for the aid year, known as ‘Year-Round Pell’. To receive Year-Round Pell, students must enroll at least half-time in the eligible term and meet all other eligibility requirements in the semester of the additional award.

Summer Pell Grants, which are different from Year-Round Pell, may be available to students who did not use their entire Pell Grant in the Fall and Spring terms.

Students planning to enroll in the Summer who received Pell in Fall and/or Spring who may have questions about the Pell Grant are encouraged to reach out to us at www.liberty.edu/SFSchat.

Students transferring to Liberty may be able to receive additional Pell Grants sooner than the summer term. Please email FinancialAid@liberty.edu for more information.

Pell Lifetime Eligibility Used (LEU): Some students may be affected by the Lifetime Eligibility Used (LEU) requirements for the Federal Pell Grant.  Students who are close to or who have met his or her limit do not need to send any documentation unless it is requested in ASIST.  Read more about the Pell Grant Lifetime Eligibility. Track your lifetime usage by downloading the myStudentAid app on your mobile device, available through Apple Apps and Google Play. You may also review your lifetime eligibility by logging into the National Student Loan Data System.

The U.S. Department of Education is sending notifications to students who may be eligible for restored Pell Grant eligibility due to school closure. If you believe you may be eligible for restored Pell and have not received a notification, please reach out to the U.S. Department of Education at (800) 557-7394.

Federal Supplemental Educational Opportunity Grant (FSEOG)

Amount per year:

  • Resident, up to $1,000
  • Online, up to $800

Eligibility:

  • Complete the FAFSA
  • Undergraduate student
  • Must be eligible for Federal Pell Grant
  • Need-based: Expected Family Contribution (EFC) of $0
  • Enrolled at least half-time
  • Funds are limited to early applicants
  • Other criteria apply, subject to change

Federal TEACH Grant

Learn more details about the Federal TEACH Grant.

Amount per year:

  • Up to $4,000

Eligibility:

  • Complete the FAFSA
  • Undergraduate or graduate student
  • Enrolled in TEACH Grant eligible major
  • Maintain at least a 3.25 cumulative grade point average
  • Prorated based on enrollment
  • Must fulfill post-graduation teaching requirements or this grant becomes a Direct unsubsidized loan
  • Other criteria apply, subject to change

Liberty Supplemental Grant

Amount per year:

  • EFC is 0-1000: $1,500
  • EFC is 1001-2500: $1,000
  • EFC is 2501-6000: $500

Eligibility:

  • Complete the FAFSA
  • Residential undergraduate student
  • Must be enrolled full-time
  • Need-based
  • Must borrow full Subsidized Federal Direct Student Loan
  • Based on Expected Family Contribution (EFC)
  • Other criteria apply, subject to change

Liberty Scholars Grant Program (Undergraduate)

Amount per year:

  • EFC is 0-1000: $2,200
  • EFC is 1001-2500: $1,700
  • EFC is 2501-6000: $1,200

Eligibility:

  • Liberty Scholars Grant can be awarded in addition to the Liberty Supplemental Grant (see above)
  • New Resident undergraduate, full-time, consecutively enrolled, degree-seeking students
  • For students beginning first-time enrollment on or after Fall 2017 semester
  • Must maintain financial aid satisfactory academic progress while enrolled at Liberty
  • Must have a qualifying federally calculated 9-month EFC in the entry year. Future year awards are based on first-year amount.
  • Must be eligible for and awarded the Liberty Academic Scholarship (see scholarship section above)
  • Must apply for financial aid through the FAFSA and complete verification (as applicable) each year

Virginia Tuition Assistance Grant (VTAG)

See more details about the VTAG.

Amount per year:

2019-2020:

  • $3,400 undergraduate
  • $1,700 graduate

Eligibility:

  • The 2019-20 VTAG (the application submission deadline has passed)
  • 2020-21 VTAG Application
  • Must be a Virginia domiciled resident
  • Must not have moved to Virginia for purposes of attending post-secondary school
  • Students who have previously received VTAG do not need to submit a new application unless changing programs from undergraduate to graduate, or if they have broken enrollment.
  • Awarded for qualifying majors only
  • More details at the Virginia grants page
  • Other criteria apply, subject to change
  • Domicile Brochure from SCHEV
  • Learn more details about the VTAG.

Virginia Two-Year College Transfer Grant

Amount per year:

  • Up to $1,000 for standard award
  • Up to an additional $1,000 for certain majors

Eligibility:

  • Complete the FAFSA
  • Undergraduate in-state student (first time entering freshman no earlier than fall 2007)
  • Must be a Virginia domiciled resident
  • Must not have moved to Virginia for purposes of attending post-secondary school
  • Need-based: Returning students must have an EFC of $8,000 or less. Students who became eligible for the first time in Fall 2012 are granted the maximum EFC of $9,000. Students who became eligible for the first time in Fall 2013 are granted the maximum EFC of $12,000.
  • Must meet Selective Service requirements
  • Must have earned an Associate’s degree at a Virginia two-year public institution with a cumulative GPA of 3.0 on a scale of 4.0 for the Associate’s degree
  • Must maintain the 3.0 cumulative GPA at Liberty University
  • Must be enrolled full time at Liberty University by the fall or spring semester following the completion of the Associate’s degree
  • Degree program cannot be for religious training or theological education
  • Additional $1,000 requires major in science, teaching, mathematics, engineering or nursing
  • Limited to three years or 70 credit hours
  • Other criteria apply, subject to change
  • If eligible, an application will be available in the student’s ASIST account in the Financial Aid Forms section. If a student believes he or she is eligible for the Virginia Two Year College Transfer Grant but the application is not available to complete in ASIST, please contact the Liberty University Financial Aid Office by email at financialaid@liberty.edu.
  • Virginia Two Year College Transfer Grant award projections will always be estimated awards until a final State budget is passed and a final roster of students is collected. Please keep in mind that this grant is subject to change based on State budgetary needs.

Virginia: Brown vs. Board of Education

Amount per year:

  • Amount is based on tuition and fees and an allowance for books/supplies
  • Up to $1,000 for books per term

Eligibility:

  • Undergraduate or graduate student
  • Must currently be a Virginia domiciled resident
  • Must not have moved to Virginia for purposes of attending post-secondary school
  • Must have been a Virginia domiciled resident between 1954 and 1964 and:
  • A student in qualifying public school systems closed to avoid desegregation; and
  • Unable to begin, continue, or complete your public school education during this time; or
  • Relocated within or outside of Virginia to begin, continue, or complete your public school education during these years due to a school closing to avoid desegregation; or
  • Ineligible to attend a private academy or foundation, in- or out-of-state established to circumvent desegregation; or
  • Unable to pursue postsecondary education opportunities or training because of the inability to obtain a high school diploma or its equivalency
  • John W. Rawlings School of Divinity and theological academic programs are not eligible

Loans

At Liberty University, we value our students’ ability to make an impact after graduation — without being held back by unnecessary debt. So, while student loans can be a good means to complete your degree program, we always advocate smart borrowing.

A variety of private loans through banks and individual lenders exist, but there are three main types of federal student loans: Direct Subsidized, Direct Unsubsidized, and Parent PLUS loans.

Loans

Direct Subsidized

Available to undergraduate students based on your financial need

The U.S. Department of Education pays the interest on the loan:

  • While you’re in school at least half-time
  • For the first six months after you leave school (known as a “grace period”)
  • During a period of deferment (a postponement of loan payments)

Direct Unsubsidized

Available to undergraduate and graduate students; need is not a requirement

You are responsible for paying the interest on the loan during all periods.

If you choose not to pay the interest on the loan while you are in school, during the grace period, or during deferment, your interest will accumulate and be added to the base amount of your loan.

Parent PLUS

Available to parents of dependent undergraduate students

As a parent borrower, you’ll generally be expected to start making payments once your loan is fully paid out.

You may request deferment while your child is in school or during the grace period, but interest will continue to accumulate.

Learn More about Federal Student Loans >


Academic and Honors Program Scholarships

Your high school grades and test scores could be worth at least $1,500 per year — and up to a full tuition scholarship. See if you qualify for the Liberty Academic Scholarship, or become an LU honors student and enjoy smaller class sizes, specialized housing, and a designated study space, The Scholars Commons, at the Jerry Falwell Library.

National Merit Finalists, Semi-finalists, and Commended students can earn full tuition; National Merit Finalists receive full room and board as well.

Learn More >

Liberty Academic Scholarship


Work-study Funding

A part-time job on or off campus can also bring in funds for school. Federal work-study positions can provide you up to $4,000 per academic year, depending on your FAFSA. Work-study is considered need-based aid, and you’ll know you’re eligible for a work-study position if it’s offered in your Award Letter.

Little known fact: Unlike income from other jobs, your Federal Work Study wages are not counted toward next year’s expected family contribution (EFC) from the FAFSA.

Learn More >

Program-specific, Ministry, or Leadership Scholarships

Do you sing or play an instrument? Want to fly a plane? Feel called to leadership? Liberty’s multiple ministry teams — like the Sounds of Liberty, LU Praise, and the Liberty Worship Collective — offer scholarship positions. Many individual schools, including the School of Music and School of Aeronautics, offer their own program-specific scholarships as well.

And while underclassmen are not eligible for Resident Assistant positions, hall leadership scholarships are available to those who qualify.


General Scholarship Rule (GSR)

Your combined federal grants, state grants, and Liberty aid cannot exceed the combined cost of actual tuition and Tier 2 room and standard board charges. For commuter students, the GSR calculation only includes the cost of tuition since there is no room and board charge, which means federal grants, state grants, and Liberty aid cannot exceed the actual cost of tuition.

If the combined aid exceeds the total cost as specified, Liberty aid will be reduced to resolve the excess aid. The Federal Pell Grant is not included as a factor in the GSR for Resident students. All Liberty aid is subject to the GSR.


Liberty University reserves the right to change the terms and conditions of any scholarship at any time at its discretion, as well as suspend or terminate any scholarships.