Understanding Alderson Broaddus University's Financial Aid
Are you aware financial assistance and scholarship or grant qualifications are determined by different requirements? Keep reading to learn more to enable you to know how much aid and scholarships to expect from Alderson Broaddus University.
What Percentage of Students Get Financial Assistance?
$27,494 is the average Alderson Broaddus University's freshman financial aid plan. About 99.0% of freshman students obtain some financial aid, the majority of which is scholarships and grants.
Financial aid consists of scholarships, grants, and student loans. However, student loans have to be paid back, so they are not a true discount.
We feel that loan debt should be regarded as an "outcome" and not "aid". Learn more on student loan debt at Alderson Broaddus University.
How Much Aid Is Available in Grants & Scholarships?
The stats below refer to aid which is offered by Alderson Broaddus University.
99.0% of first year students (331 total) were offered scholarships at Alderson Broaddus University, averaging $14,755 a piece. This puts it in the top 40th percentile of all colleges nationwide.
168 freshman students got a grant. About 50.0% of Alderson Broaddus University freshmen obtained grants with an average of $4,818 a piece.
How are scholarships and grants dispersed to first years at Alderson Broaddus University? See the chart below.
Grants are usually need-based while scholarships are merit-based.
Amount of Aid By Income Level
The chart following demonstrates scholarship and grant allocations by income for first year students getting any sort of federally-funded Title IV aid, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 23.4% | $23,172 |
| Income 30k-48k | 15.9% | $22,659 |
| Income 48k-75k | 18.3% | $18,919 |
| Income 75k-110k | 11.1% | $14,639 |
| Income 110k + | 18.6% | $11,470 |
The graph above displays students who are obtaining Title IV aid which is federal assistance from the government in the form of loans, grants or work-study. Learn more.
The Typical Undergraduate Receiving a Scholarship or Grant Gets $27,618
Of the 1,085 undergraduate students at Alderson Broaddus University about 94.0% (1,025 total) get some form of grant aid. The standard amount awarded was $27,618.
Alderson Broaddus University Financial Aid Information
| Financial Aid Department Website | ab.edu/financial-aid/ |
| Net Price Calculator | ab.edu/financial-aid/consumer-information/ |
