Financial Aid

  • As a nonprofit institution, Liberty University offers some of the lowest tuition rates among top online universities. Additionally, scholarships and flexible payment plans make Liberty's low tuition rates even more affordable.

    Liberty University Online cares about your education, and we are committed to helping you navigate the financial aid process smoothly. If you have any questions or concerns about your financial needs, our highly trained staff is available to personally answer your questions and get you on the fast track toward accomplishing your educational and life goals! Call us today at (888) 921-3942 for more information.

    Types of Federal Aid for Online Programs

    There are two major types of Federal Aid offered to Liberty University Online students – grants and loans. Details of each are below.


    Grants are financial awards from the federal and state governments that do not have to be paid back. Most grants are not available to graduate students or to students seeking a second bachelor’s degree.

    Grants are awarded to students who meet the qualifications. All U.S. citizens (and eligible non-citizens) must complete the Free Application for Federal Student Aid (FAFSA) each school year in order to determine eligibility for federal grants.


    Liberty University accepts loans to help pay for your education. Liberty's Financial Aid department can process loans for those in need of assistance. Please remember that loans must be repaid.

    Students who indicate an interest in loans on the FAFSA are automatically considered for federal loan eligibility. Although Liberty University awards students up to their maximum yearly eligibility, we encourage students to borrow only what they need.

    In addition to federal loans for college, a wide variety of consumer loans are available to help finance the cost of education. First-time student borrowers need to complete an online Entrance Counseling session in order to receive a loan.

    Federal Student loans

    Federal student loans for college are low-interest loans with fixed interest rates and are either subsidized or unsubsidized.


    • Based on financial need as determined by the FAFSA, other aid sources and educational costs
    • Federal government pays loan interest as long as student is enrolled at least half time


    • Not based on financial need
    • Student can either pay loan interest while in school, or defer payment of interest until after graduation (or until student drops below half time). Deferred interest is added to the principal, thus increasing loan amount.

    Parent loans

    The Federal Parent PLUS Loan is for creditworthy parents of dependent students. Loan amounts are determined by educational costs minus any other aid. Loan interest rate is fixed at 7.9 percent and repayment typically begins 60 days after the final disbursement of the loan. Students whose parents are denied the PLUS Loan may be eligible to receive additional unsubsidized loans.

    Graduate loans

    The Federal Graduate PLUS Loan is awarded to students with sufficient credit who are enrolled at least half time in a graduate or professional program. Loan amounts are determined by educational costs minus any other aid and interest rate is fixed at 7.9 percent. Repayment typically begins within 60 days of the final loan disbursement; however, students enrolled at least half time may be eligible for deferred payment. For options concerning deferment and grace periods, borrowers are advised to visit for additional information.

    Private loans

    In addition to federal loans for college, a wide variety of private loans are available to help finance the cost of education.