#11 Best Private Colleges in Virginia

University of Lynchburg Tuition & Cost

Lynchburg, Virginia

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How much does it cost to attend?

Sticker Price
Costs for University of Lynchburg
Fee Cost
Books and Supplies$1,200
Other Fees$970
Room and Board $11,450
Other Expenses Budget$2,050

Annual Prices

The annual list price to attend University of Lynchburg on a full time basis for 2018/2019 is $55,390 for all students regardless of their residency. This fee is comprised of $39,720 for tuition, $11,450 room and board, $1,200 for books and supplies and $970 for other fees. Out of state tuition for University of Lynchburg is $39,720, the same as Virginia residents.

All price data is sourced from the 2019/2020 U.S. Department of Education National Center for Education Statistics survey.
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Net Price

Net price is indicative of what it actually costs to attend University of Lynchburg when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2018/2019
Net Price by Income University of Lynchburg
Family Income Net Price Paid
$0 to $30,000$19,128
$30,001 to $48,000$21,307
$48,001 to $75,000$20,403
$75,001 to $110,000$23,696

The average reported annual net price for University of Lynchburg for students receiving grants or scholarship aid was $24,987 in 2018/2019. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Costs for Similar Colleges

Financial Aid

100% of full-time undergrad University of Lynchburg received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $27,719 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 66% of students received Federal Student Loans averaging $5,800 and 12% of undergrads took out private student loans averaging $14,360.

Finanical Aid University of Lynchburg
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $27,719 100%
Institutional Grants and Scholarships $24,014 100%
Pell Grants $4,410 33%
Other Federal Grants $1,943 4%
State and Local Grants $3,162 69%
Federal Student Loans $5,800 66%
Other Student Loans $14,360 12%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to University of Lynchburg, we've modeled a ten year student loan with an original principal value of $92,956. The loan balance of $92,956 is a four year multiple of the $23,239 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $887 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 2.75%.

Example Loan $92,956
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $886.90
Total Interest Paid $13,472.33
Sum of All Loan Payments $106,428.33

Projected 4 Year Degree Price

4 Year Sticker Price
Year All Residents
1 $55,390
2 $57,408
3 $59,499
4 $61,667

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at University of Lynchburg to be $221,560 - assuming graduation in normal time. The estimation assumes a 3.6% annual increase over the next 4 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at University of Lynchburg
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $540 $1,620 $2,160

Estimated cost for a class at University of Lynchburg based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at University of Lynchburg versus other colleges.

Tuition Payment Plans Available

University of Lynchburg Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan Yes
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=232609 IPEDS survey data for University of Lynchburg.