The subject titel says it:
Can I put lyrics above the bars/notes instead of underneath?
Easily.
1. Goto LilyPond documentation page - http://lilypond.org/web/documentation/ ;
2. Click 'Lilypond Snippet Repository (LSR)'; 3. In the search box enter 'lyrics above', click [search]; 4. Click on first snippet image and read (another approach - the second snippet).