by our College Data Analytics TeamBelow is the data on what it actually costs to attend Averett University, covering the cost range, projected degree costs, net price, debt at graduation, default rates, and aid distribution patterns.
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What it costs to attend Averett University comes to about $51,456.00 per year.
The three scenarios below move from the full sticker price, to the net price after average aid, to the net price low-income students typically pay.
| Tuition and fees | $38,550.00 |
| + Room, board & other expenses | $12,906.00 |
| Total cost | $51,456.00 |
| That is 57% above the national average net price. |
| Total cost | $51,456.00 |
| − Grants and scholarships | −$30,535.00 |
| Net price | $20,921.00 |
| That is 36% below the national average net price. |
| Total cost | $51,456.00 |
| − Grants and scholarships | −$30,396.00 |
| Net price | $21,060.00 |
| That is 36% below the national average net price. | |
| Explore each piece on the tuition & fees page plus living costs. |
Costs have trended upward in recent years by around 1.3% a year, so a full degree will cost more than a single year — the tables below carry that forward. The detailed projections below compare a degree for a low-income aided student, an average-aid student, and a no-aid student. The loan rows amortise the projected total over a ten-year, 6.8% repayment.
| Projected 4-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 1.3% | 1.3% | 1.3% |
| Freshman year | $21,341.00 | $21,201.00 | $52,144.00 |
| Senior year | $22,208.00 | $22,062.00 | $54,262.00 |
| Total 4-year net price | $87,092.00 | $86,517.00 | $212,792.00 |
| 10-year loan interest @ 6.8% | $33,179.00 | $32,960.00 | $81,066.00 |
| Total monthly payment | $1,002.00 | $996.00 | $2,449.00 |
| Total amount paid | $120,271.00 | $119,477.00 | $293,858.00 |
| Projected 2-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 1.3% | 1.3% | 1.3% |
| Freshman year | $21,341.00 | $21,201.00 | $52,144.00 |
| Senior year | $21,627.00 | $21,484.00 | $52,840.00 |
| Total 2-year net price | $42,968.00 | $42,684.00 | $104,984.00 |
| 10-year loan interest @ 6.8% | $16,369.00 | $16,261.00 | $39,995.00 |
| Total monthly payment | $494.00 | $491.00 | $1,208.00 |
| Total amount paid | $59,337.00 | $58,946.00 | $144,979.00 |
See the full net-price breakdown in the Net Price section.
The net price figure shows the cost after grants and scholarships are deducted. For most prospective students, net price gives a more realistic estimate than sticker tuition.
| Average net price (on-campus) | $22,925.00 |
| Average net price (off-campus) | $23,262.00 |
Net price varies sharply by family income, dropping as need-based aid grows. The figures below give average net price by income bracket:
| Family income | Average net price |
|---|---|
| Under $30,000 | $21,743.00 |
| $30,000 to $48,000 | $22,129.00 |
| $48,001 to $75,000 | $19,655.00 |
| $75,001 to $110,000 | $24,859.00 |
| Over $110,000 | $27,470.00 |
For a personalized estimate, try the Averett University Net Price Calculator, or contact the financial aid office.
Dig into how aid is awarded on the grants & scholarships detail.
Typical debt at graduation from Averett University is $16,750.00, which the Department of Education classifies as a Low ($10-20k) debt-load classification.
The percentile spread of debt at graduation is shown below:
| Percentile | Debt at graduation |
|---|---|
| 10th | $3,000.00 |
| 25th | $6,500.00 |
| Median (50th) | $16,750.00 |
| 75th | $27,000.00 |
| 90th | $38,229.00 |
The gap between 10th and 90th percentile borrowers gives a sense of how uneven debt outcomes are.
For the full borrowing and repayment picture, see the student loan debt detail.
Student debt at graduation is not evenly distributed across income levels. Below, debt is broken out by low, middle, and high family income:
| Family income | Median debt at graduation |
|---|---|
| Low income | $16,250.00 |
| Middle income | $17,125.00 |
| High income | $17,225.00 |
First-generation students frequently graduate with different debt than continuing-generation students.
| Student group | Median debt at graduation |
|---|---|
| First-generation students | $16,018.00 |
| Continuing-generation students | $17,565.00 |
Pell Grants are the largest source of federal need-based aid for undergrads. Pell vs non-Pell comparisons surface how debt breaks down by need.
The median debt gap between Pell and non-Pell graduates of Averett University comes to $1,750.00. This school is flagged by the Department of Education for Pell-related debt inequity.
The Department of Education default-rate tier for Averett University is Low (<5%).
| Window | Cohort default rate |
|---|---|
| 2-year | 7.5% |
To give some context for these rates, Stafford loans disbursed at Averett University reach $240,203,561.00 over 10,244 student borrowers.
Veterans and active-duty students can access dedicated federal education aid including the GI Bill and Department of Defense tuition support.
| GI Bill recipients | 90 |
| Avg GI Bill amount | $18,236.00 |
| DoD Tuition Assistance recipients | 5 |
| Avg DoD Tuition Assistance | $1,050.00 |
Read more about military and veteran aid on the veterans benefits detail.
Use the figures above as a launch point, then think through Averett University, a few questions are worth asking:
For a closer look at any of these topics, follow the links below:
Data sources. Figures on this page draw from the U.S. Department of Education College Scorecard, the Integrated Postsecondary Education Data System (IPEDS), and MediaFactual editorial review. Net-price calculator and financial-aid office links are taken from the institution’s own published data.