by our College Data Analytics TeamThe total cost of attendance at Belmont College can seem overwhelming, but remember that the majority of students receive some sort of financial assistance. This could be in the form of scholarships, grants, work-study, or loans.
Curious about the financial aid opportunities at Belmont College and what you may be eligible for? Explore the answers here.
$3,974.00 is the typical Belmont College’s first year financial aid package. A significant 93% of freshmen benefit from financial aid, with the main type being grants and scholarships.
Student loans come included in financial aid packages, however, the only true discount off of the price of college is a grant or scholarship that you do not need to pay back.
We feel that loan debt ought to be regarded as a consequence instead of true financial aid. Learn more on student loan debt at Belmont College.
Colleges and universities offer institutional scholarships and grants as financial assistance to help students cover tuition fees and other educational costs. These awards, which do not require repayment, can be merit-based or need-based. Merit-based institutional scholarships recognize students who have exceptional academic records, special talents, or skills in particular areas. Eligibility for these scholarships often depends on factors such as a student’s high school performance, standardized test scores, or involvement in extracurricular activities. In contrast, need-based institutional grants are designed for students who show financial need. The amount awarded usually depends on the student’s family’s financial condition and aims.
The stats below refer to aid that is provided by Belmont College.
59% of first-year students (79 total) were offered scholarships at Belmont College, averaging $2,123.00 per person. This puts it in the bottom 50th percentile among colleges and universities nationwide.
As well as scholarships, 54% of freshmen (72 total) received a federal grant, for about $4,249.00 a person.
The table shows scholarship and grant allocations by income for first-year students receiving any type of federal Title IV assistance, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 24.63% | $4,862.00 |
| Income 30k-48k | 15.67% | $5,176.00 |
| Income 48k-75k | 14.93% | $3,267.00 |
| Income 75k-110k | 6.72% | $3,006.00 |
| Income 110k + | 1.49% | $1,634.00 |
The table above displays students who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Get more info on Title IV here.
Of the 134 undergraduate students at Belmont College around 93% (125 total) receive some form of grant aid. The typical amount awarded was $3,974.00.Most of them are distributed as Pell Grants.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.