Determining Your Costs

Your award letter outlines your financial aid eligibility and provides you with the out-of pocket-cost for the academic year.

In addition to billable charges, other ESTIMATED expenses are included in a student's total cost of attendance for the 2013-2014 year. Below are each of LVC's student budgets based on your housing status:

Resident Students (traditional housing)

Commuter Students (living with parents or other relative)

Off-Campus Students

(independent students or those given special exemption only) 

Books and supplies, transportation, personal expenses, and average loan fees* will not appear on the bill, but these estimates will be included in the total cost of attendance in determining your financial aid eligibility. Actual amounts of these expenses will depend on the course work you take, your personal spending habits and the distance between LVC and your home.

*Loan Fees - This is an average amount of the 1.0% origination (up front) fee charged to students who borrow the Federal Direct Stafford Loan. It is deducted at the time of disbursement. An average fee is included in the cost of attendance to allow the borrower to receive/ borrow other sources of aid to help offset this cost.

While you will be billed for each of the two semesters separately (July and November respectively), we advise that your plan for your entire academic year expenses at one time.

Billing Information

When considering financing options, you may choose the monthly payment plan, a loan or a combination of both.