Navigating the financial aspects of studying in the U.S. is a crucial step for international students.

The University of Lynchburg is committed to providing transparent information and support to help you manage your finances effectively.

Cost of Attendance

Understanding the costs associated with your education is essential for financial planning. The direct costs at the University of Lynchburg include:

• Tuition: $37,850 per year.
• Room and board: $14,100 per year. All international students are required to live on campus unless they live locally with a family member or are above the age of 28. Students who do not live on campus will have their scholarship amount reduced.
• International orientation fee: $250 (one-time fee).
• Health Insurance: $900 per academic year. All international students must have health insurance coverage, and the University will automatically enroll you in the International Student Accident & Illness Insurance Coverage provided by EIIA.
• Indirect Costs: The U.S. government requires that you demonstrate the financial ability to cover extra expenses such as travel, books, and personal costs. The current estimated amount for these indirect costs is $4,500 per year.

Scholarships for International Students

The University of Lynchburg offers merit-based scholarships to international students to help make their education more affordable.

• Lynchburg Scholarships: All international students who have received an acceptance letter are automatically considered for academic scholarships, depending on their GPA and available scholarship resources. There is no need to apply for a separate scholarship. The scholarship letter will specify the academic standards you must maintain to renew your scholarship. If you meet these standards in your first year, you can continue to receive the scholarship until you finish your studies at the University.
• Please note that international students are eligible for only one scholarship from the University.
• FAFSA Inapplicability: International students are not eligible for scholarships that request your FAFSA as these are typically federally funded resources.
• External Scholarships: Searching for external scholarships can supplement your funding. You can search online, but be cautious of scholarship scams, and do not share personal information or pay any fees to apply. For a list of additional websites for outside scholarships, you can reach out to the International Student Support Services team.

Financial Verification

International students must demonstrate their financial ability to pay the cost of attendance balance (tuition and housing, including room and meals minus scholarship) before being fully admitted. As part of the application process, you must submit financial verification documentation. This typically includes:

• Banker’s letter/bank statement: A photocopy showing your biographical data may be submitted by mail or email. The letter should be on the bank’s letterhead and provide support for the certificate of finances. It should indicate how long the person has been a bank member and if they have adequate funds to support projected costs for attending the University of Lynchburg. This documentation should generally be dated within the last six months.
• Certificate of Finance: You must submit the completed certificate of finances form by fax, mail, or email to admissions. To obtain this document and costs for your specific program, contact [email protected] for undergraduate admissions or [email protected] for graduate programs.

Once an application and initial materials are submitted, the application is reviewed for academic admissibility and given conditional admission pending financial verification.

Payment Options

The University of Lynchburg offers payment plans to help manage tuition and fees in installments, easing financial pressure. You can inquire about these flexible payment options through the Solutions Center.

Financial Facts for International Students

Here are some key financial facts to keep in mind as an international student:

• First-Year Students: To get an F-1 visa, you must provide official documentation (dated within the last six months) to both the University of Lynchburg and the U.S. government, showing you have sponsorship for one full academic year. Please note that additional financial assistance isn’t available during the first year.
• Working for Self-Support: F-1 students are in the U.S. with full sponsorship for their schooling; therefore, working to support yourself instead of having sponsorship isn’t allowed. International students can work on campus with certain restrictions.
• Borrowing Money: To borrow money, you generally need a U.S. citizen or U.S. legal permanent resident to co-sign the loan. The co-signer will be responsible for the entire balance if you cannot make the payments and need to have a good financial credit history to get approved. New or recent immigrants may find it challenging to qualify as co-signers.
• The University of Lynchburg does not provide loans to students.

Understanding these financial aspects will help you prepare for your studies at the University of Lynchburg. If you have any questions, please do not hesitate to contact the international admissions team or the Solutions Center for personalized guidance.