Why Undertanding Financial Aid is Essential
The level of financial aid, grants, and scholarships varies person to person. Use the data below to better understand how much financial assistance you'll receive from Averett University determined by income and merit.
How Much Financial Aid is Offered?
Averett University's standard financial aid offer for newly arriving freshmen is $25,643. About 100.0% of first year students obtain some financial aid, the majority of which is in the form of scholarships and grants.
Financial aid helps lower the cost, or the "sticker" price of the college. However, be aware that the only real college discount are scholarships & grants.
A college loan is not a true college discount, but rather an outcome to consider. Learn how much student loan debt from Averett University you could end up taking on.
Amount of Averett University Scholarships & Grants
The below numbers apply to grants and scholarships largely provided by the college itself.
98.0% of incoming freshmen (209 total) were awarded scholarships at Averett University, averaging $14,161 per person. This ranks in the top 40th percentile of all schools nationwide.
As well as scholarships, 59.0% of freshmen (125 total) received a federal grant, averaging $4,083 per person.
See the usual amount of grants and scholarships first years receive by looking at the chart below.
Grants are usually based on need while scholarships are merit-based.
Financial Aid per Family Income
The next chart displays grant and scholarship allocations by income for first year students getting any form of federal Title IV assistance, including Federal PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||11.7%||$13,689|
Title IV aid includes grants, loans, or work-study given from the federal government typically according to financial need. Learn more here.
Scholarships & Grants for All Undergraduate Students Average $16,673
Of the 852 undergraduate students at Averett University around 97.0% (825 in total) get some sort of grant aid. The average amount given was $16,673.
Financial Aid Links from Averett University
|Financial Aid Department Website||www.averett.edu/financial-aid/|
|Net Price Calculator||www.averett.edu/financial-aid/netprice-calculator/|