4.0.0.0 Liberty University Financial Aid Consumer Information


Issuing Office

Financial Aid

 

Affected Parties

Students

 

Policy Language

Liberty University dynamically supplies information and disclosures to all who interact with the University. One way this is accomplished is through electronic media. 

Notice of Availability of Institutional and Financial Aid Information

Liberty University, as permitted by federal regulation [34 CFR 668.41], electronically disseminates consumer information, including the Jeanne Clery Disclosure of Campus Security Policy and Campus Crime Statistics Act information. Upon request, the institution will provide a free paper copy. Anyone signing or processing financial aid forms or seeking information or assistance at Liberty University must read, understand, and comply with the requirements disclosed, which are available 24 hours a day at www.Liberty.edu/ConsumerInfo. (https://www.liberty.edu/student-financial-services/consumer-information/)

Contact Information for Assistance in Obtaining Institutional or Financial Aid Information: https://www.liberty.edu/student-financial-services/

 

General Institutional Information

· Privacy of Student Records−Family Educational Rights and Privacy Act (FERPA)
https://www.liberty.edu/registrar/ferpa/

· Facilities and Services for Students with Disabilities
https://www.liberty.edu/disability-support/

· Student Diversity
http://nces.ed.gov/collegenavigator/?q=liberty+university&s=all&id=232557#enrolmt

· Price of Attendance
https://www.liberty.edu/student-financial-services/basic-costs/

· Net Price Calculator
http://www.liberty.edu/npc/userInfo

· Refund Policy and Requirements for Withdrawal and Return of Federal Financial Aid
https://www.liberty.edu/student-financial-services/payments/refunds/
https://www.liberty.edu/student-financial-services/online-student-withdrawal/
 https://liberty.service-now.com/sp?id=kb_article_view&sysparm_article=KB0018343 

· Inclusive Access and Textbook Information (Online and Resident)
https://www.liberty.edu/information-services/inclusive-access/
http://bncvirtual.com/liberty
https://liberty.bncollege.com/shop/liberty/page/find-textbooks  

· Educational Program
http://www.liberty.edu/academics/

· Instructional Facilities
http://www.liberty.edu/aboutliberty/#CampusFacilities

· Faculty  
https://www.liberty.edu/about/liberty-university-quick-facts/

· Transfer of Credit Policies and Articulation Agreements
https://www.liberty.edu/registrar/course-transfer-equivalency/

· Written Arrangements Regarding Transfer Partnerships with Schools (Online and Resident)
https://www.liberty.edu/registrar/course-transfer-equivalency/
https://www.liberty.edu/online/transfer-students/

· Transfer Partnerships
https://www.liberty.edu/online/transfer-partnerships/

· Accreditation, Approval, and Licensure of Institution and Programs
https://www.liberty.edu/about/institutional-and-program-accreditation/

· Copyright Infringement−Policies and Sanctions
http://www.liberty.edu/library/copyright-guide/

· Computer Use and File Sharing
https://liberty.service-now.com/sp?id=kb_article_view&sysparm_article=KB0018367

· Student Activities
http://www.liberty.edu/campuslife/

· Career and Job Placement Services
https://www.liberty.edu/career-services/

· Teacher Preparation Program Report
https://title2.ed.gov/Public/Home.aspx

· State Council of Higher Education for Virginia (SCHEV) Profile for Liberty University
http://research.schev.edu/iprofile.asp?UID=232557

· Appeal and Complaint Policies
https://www.liberty.edu/student-financial-services/account-appeals-complaints/

· SACSCOC: Liberty by the Numbers
https://www.liberty.edu/institutional-effectiveness/student-achievement/

· LU Send and the Washington Fellowship
https://www.liberty.edu/osd/lu-send/
http://www.liberty.edu/career-services/internships/washington-fellowship/

· GDPR Privacy Notice
https://liberty.service-now.com/sp?id=kb_article_view&sysparm_article=KB0018311 

· Liberty University Whistleblower Portal
https://app.convercent.com/en-US/LandingPage/5f3f8708-9469-ec11-a989-000d3ab9f062

 

Student Financial Assistance

· Assistance Available From Federal, State, Local, and Institutional Programs
https://www.liberty.edu/student-financial-services/  

· Federal Work Study Program
https://www.liberty.edu/student-financial-services/federal-work-study/

· Federal Student Financial Aid Penalties for Drug Law Violations
https://www.liberty.edu/student-financial-services/consumer-information/loans/

· Cohort Default Rates
https://www.liberty.edu/student-financial-services/financial-aid-statistics/ 

· Initial Loan Counseling for Student Borrowers
https://studentaid.gov/

· Exit Counseling for Student Borrowers
https://studentaid.gov/

· Institutional Code of Conduct for Education Loans
https://www.liberty.edu/student-financial-services/consumer-information/loans/

· Preferred Lender Lists
https://www.liberty.edu/student-financial-services/consumer-information/loans/

· Preferred Lender Arrangements
https://www.liberty.edu/student-financial-services/consumer-information/loans/

· College Financing Plan (made available to all undergraduate students and all levels of military students in ASIST once offered financial aid)
https://www.liberty.edu/student-financial-services/college-financing-plan/

· Financial Aid Disbursement Process
https://www.liberty.edu/student-financial-services/payments/financial-aid-disbursement/

· Enrollment and Academic Decisions Affecting your Aid Eligibility
https://www.liberty.edu/student-financial-services/eligibility-and-enrollment/

· 2024-2025 Award Terms and Conditions
https://liberty.service-now.com/sp?id=kb_article_view&sysparm_article=KB0018690

· 2023-2024 Award Terms and Conditions
https://liberty.service-now.com/sp?id=kb_article_view&sysparm_article=KB0018323 

· Third Party Servicer Cash Management Contract
https://www.vibeaccount.com/swc/doc/landing/1dxkim0r4rv9groakjy7

· Financial Summary Information
https://www.liberty.edu/student-financial-services/financial-aid-statistics/ 

· Satisfactory Academic Progress
https://www.liberty.edu/student-financial-services/eligibility-and-enrollment/

 

Health and Safety

· Drug and Alcohol Abuse Prevention Program
https://www.liberty.edu/students/dean/educational-programming/substance-abuse-awareness/

· Office of Community Life: Safe and Drug-Free Schools and Communities
https://www.liberty.edu/students/dean/wp-content/uploads/sites/91/Safe-and-Drug-Free-Info-Flyer.pdf

· 2021-2022 Drug and Alcohol Abuse Prevention Program
https://www.liberty.edu/student-financial-services/wp-content/uploads/sites/118/2021/11/DAAPP-2021-2022.docx

· Substance Abuse Awareness

https://www.liberty.edu/students/community-life/substance-abuse-awareness/

· Vaccination Policies
https://www.liberty.edu/students/health-wellness/health-records/

· Campus Security Policies, Crime Statistics and Crime Log
https://www.liberty.edu/police/emergency-information/
https://www.liberty.edu/police/campus-safety-and-security/
https://www.liberty.edu/police/wp-content/uploads/sites/100/2774043-Annual-Security-Report-2023_v11.pdf

· Fire Safety Policies, Fire Statistics and Fire Log (On-Campus Housing Facilities
https://www.liberty.edu/police/wp-content/uploads/sites/100/2774043-Annual-Security-Report-2023_v11.pdf

· Sexual Assault Awareness: Safety and Prevention and Steps to Take to Prevent Sexual Assault
https://www.rainn.org/safety-prevention
https://www.rainn.org/articles/your-role-preventing-sexual-assault 

· Title IX and Student Safety
https://www.liberty.edu/title-ix/

 

Student Outcomes

· Six-Year Cohort Graduation Rates
https://www.liberty.edu/student-financial-services/consumer-information/loans/#gradrateinfo

· Average Student Loan Indebtedness
https://www.liberty.edu/student-financial-services/consumer-information/loans/

· Retention Rate
https://nces.ed.gov/collegenavigator/?q=liberty&s=all&id=232557  

· Graduation Rates (Student Right-to-Know Act)
https://nces.ed.gov/collegenavigator/?q=liberty&s=all&id=232557 

· Transfer-out Rates (Student Right-to-Know Act)
https://nces.ed.gov/collegenavigator/?q=liberty&s=all&id=232557

· Institutional Six-Year Cohort Graduation Rate
https://www.liberty.edu/institutional-effectiveness/student-achievement/fall-2022-student-achievement/

· Graduation Rates and Transfer Rates for Students Receiving Athletically Related Student Aid (Student Right-to-Know Act)
https://web3.ncaa.org/aprsearch/public_reports/inst2022/355.pdf?v=1683060794971

· Academic Progress Rates for Students Receiving Athletically Related Student Aid
https://web3.ncaa.org/aprsearch/public_reports/apr2022/355_2022_apr.pdf?v=1683062317658   

· Graduate and Professional Education Placement for Graduates
https://www.liberty.edu/institutional-effectiveness/student-achievement/

· Consumer Information Outcome Disclosures
https://www.liberty.edu/student-financial-services/consumer-information/loans/  

 

Municipal Bonds Continuing Disclosure

· University’s Aggregate Applicants, Acceptances, and Matriculants
https://nces.ed.gov/collegenavigator/?q=liberty+university&s=all&id=232557#admsns

· University’s Acceptance Rate and Resident Acceptance Rate
https://www.liberty.edu/institutional-effectiveness/student-achievement/
https://www.liberty.edu/residential/undergraduate/

· University’s Continuing Disclosure 2022

https://www.liberty.edu/student-financial-services/wp-content/uploads/sites/118/2022/12/Liberty-University-FY22-Continuing-Disclosure-with-Audited-Financials.pdf

· University’s Continuing Disclosure 2021

https://www.liberty.edu/student-financial-services/wp-content/uploads/sites/118/2022/12/Liberty-University-FY21-Continuing-Disclosure-with-Audited-Financials.pdf

· University’s Continuing Disclosure 2020

https://www.liberty.edu/student-financial-services/wp-content/uploads/sites/118/2021/08/Liberty-University-FY20-Continuing-Disclosure-FINAL.pdf

· Conditional Notice of Full Redemption of Liberty University, Inc. Taxable Bonds Series 2012 – (posted 3/1/2023)

https://www.liberty.edu/student-financial-services/wp-content/uploads/sites/118/Series-2012-Conditional-Notice-of-Full-Redemption-of-Liberty-U.-Taxable-Bonds.pdf

· Conditional Notice of Full Redemption of Liberty University, Inc. Taxable Bonds Series 2019 – (posted 3/1/2023)

https://www.liberty.edu/student-financial-services/wp-content/uploads/sites/118/Series-2019-Conditional-Notice-of-Full-Redemption-of-Liberty-U.-Taxable-Bonds.pdf

· Conditional Notice of Full Redemption of Liberty University, Inc. Taxable Bonds Series 2012 – (posted 3/31/2023)

https://www.liberty.edu/student-financial-services/wp-content/uploads/sites/118/Series-2012-Updated-Conditional-Notice-of-Full-Redemption-of-Liberty-U.-Taxable-Bonds-FINAL.pdf

· Conditional Notice of Full Redemption of Liberty University, Inc. Taxable Bonds Series 2019 – (posted 3/31/2023)

https://www.liberty.edu/student-financial-services/wp-content/uploads/sites/118/Series-2019-Updated-Conditional-Notice-of-Full-Redemption-of-Liberty-U.-Taxable-Bonds-FINAL.pdf

 

Additional Disclosures  

· Intercollegiate Athletic Program Participation Rates and Financial Support Data (Equity in Athletics Disclosure Act)
https://www.liberty.edu/student-financial-services/wp-content/uploads/sites/118/EADA-2022-Public-Document.pdf

· Voter Registration
https://www.liberty.edu/student-financial-services/voter-registration/  

· Constitution and Citizenship Day
https://www.liberty.edu/student-financial-services/constitution-day/

· State Approval Disclosure Information
https://www.liberty.edu/student-financial-services/consumer-information/state-approval-disclosures/

 

Employee Disclosure Information and Resources

· Liberty University Human Resources
https://www.liberty.edu/human-resources/

· U.S. Department of Labor Consumer Information
http://www.dol.gov/general/topic/health-plans/cobra

· U.S. Department of Labor FLSA, FMLA, and Consumer Information
http://www.dol.gov/WHD/

· Americans with Disabilities Act
http://www.ada.gov/

 

View a document of consumer information (https://www.liberty.edu/student-financial-services/wp-content/uploads/sites/118/2022/03/Consumer-Information_Current.pdf) with each direct hyperlink for the above reporting requirements.

 

Policy Rationale

The U.S. Department of Education requires all institutions receiving Title IV aid to disclose and disseminate specific consumer information.

 

Definition of Glossary Terms

Graduation Rate: Measures the progress of students who began their studies as full-time, first-time degree- or certificate-seeking students by showing the percentage of these students who complete their degree or certificate within a 150% of "normal time" for completing the program in which they are enrolled.

Default Rate: The percentage of borrowers who fail to repay their loans according to the terms of their promissory notes.

Federal Student Aid: Financial aid from the federal government to help you pay for education expenses at an eligible college or career school. Grants, loans and work-study are types of federal student aid. You must complete the FAFSA to apply for this aid.

Federal Student Aid Programs: The programs authorized under Title IV of the Higher Education Act of 1965 that provide grants, loans and work-study funds from the federal government to eligible students enrolled in college or career school. 

Job Placement Rate: The percentage of graduating students who obtained employment either in the recognized occupation for which they were trained or in a related comparable recognized occupation within a determined timeframe after receiving their degree or certificate.

Lender: The organization that made the loan initially; the lender could be the borrower's school; a bank, credit union, or other lending institution; or the U.S. Department of Education.

Net Price Calculator: A tool that allows current and prospective students, families, and other consumers to estimate the net price of attending a particular college or career school.

Retention Rate: Measures the percentage of first-time students who are seeking bachelor's degrees who return to the institution to continue their studies the following fall.

Transfer Rate: The percentage of the full-time, first-time students who transferred to another institution.

Procedural Information

Procedures

Compliance with the federal regulation concerning the disclosure and dissemination of consumer information is completed through providing students, staff, faculty, and the public-at-large access 24 hours a day, seven days a week through the online web link (www.liberty.edu/consumerinfo) and also sends an annual email to applicable parties, which is tracked in Banner.

 

Sanctions

Non-compliance with consumer information disclosure could result in the suspension or revocation of the privilege of awarding Title IV aid.

 

Exceptions

None

 

Initial Approval Date

7/1/2014

Date of Last Review

3/24/2024

Date for Review

3/24/2025