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 2014-2015 year. Below are each of LVC's student budgets based on your housing status:

Resident Students (traditional housing)

  FALL SPRING TOTAL
Tuition 18,235    18,235 36,470
Fees 500 500

1,000 

Room

2,440  

2,440    4,880
Board 2,610 2,610 5,220
Books 550 550 1,100
Transportation 450 450 900
Personal 700 700 1,400
Average Stafford Loan Fees   
40
40 80
  25,525 25,525 51,050

Commuter Students (living with parents or other relative)

  FALL SPRING TOTAL
Tuition 18,235 18,235 36,470
Fees 450 450 900
Room 900 900 1,800
Board 700             700 1,400
Books 550 550 1,100
Transportation 750 750 1,500
Personal 700 700 1,400
Average Stafford Loan Fees 40 40 80
  22,325 22,325 44,650

Off-Campus Students
(independent students or those given special exemption only)

  FALL SPRING TOTAL
Tuition 18,235 18,235 36,470
Fees 450 450 900
Room 1,750 1,750 3,500
Board 1,800 1,800 3,600
Books 550 550 1,100
Transportation 550 550 1,100
Personal 700 700
1,400
Average Stafford Loan Fees 40 40 80
  24,075 24,075 48,150

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 1.072% 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

  Fall Semester Spring Semester
Bills mailed by: July 3, 2014 November 26, 2014
Bills due: August 4, 2014 January 5, 2015

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