by our College Data Analytics TeamThe majority of students will not be asked to pay the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The sum total of attendance at Belmont University can sound tremendous, but do not forget that almost all students get some type of financial help.
What financial aid options can Belmont offer you, and what will you qualify for? Keep reading for more information. Keep scrolling to discover what amount of financial assistance could be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Use the information below to understand how much financial assistance you may get from Belmont University.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Among first-time, full-time freshmen at Belmont University, 95% of the incoming full-time class was awarded financial aid (about 1576 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 93% | $23,992 |
| Institutional grants & scholarships | 93% | $20,480 |
| Federal Pell grants | 23% | $5,679 |
| State/local grants | 30% | $6,499 |
| Federal student loans | 33% | $5,131 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Across the undergraduate body at Belmont, some 84% of undergraduate students received gift aid averaging $22,883 (across roughly 6161 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 84% | $22,883 |
| Federal Pell grants | 21% | $5,869 |
| Federal student loans | 34% | $6,416 |
On-campus students receiving title-IV aid were awarded grants averaging $29,423.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $20,869 |
| $30,001 – $75,000 | $25,326 |
| Over $75,000 | $40,117 |
Each figure is the net price after grants and scholarships, not the published sticker price.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $33,147 |
| Off-campus title-IV students | $32,096 |
For a customized cost estimate, visit Belmont’s online cost calculator: www.belmont.edu/sfs/cost/net-price-calculator.html.
The median federal debt load at Belmont comes to $17,500 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $17,500 |
| Median federal debt (graduates only) | $20,500 |
| Typical 10-year monthly payment (graduates) | $217.33/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The median alone does not show how widely outcomes vary across the student body. Use the percentiles below to see the debt range at Belmont.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $8,386 |
| 75th percentile | $26,000 |
| 90th percentile (highest-debt students) | $29,000 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $18,749 |
| Middle income | $18,605 |
| High income | $16,750 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $18,875 |
| Continuing-generation students | $16,250 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $17,129 |
| Independent students | $18,750 |
These indicators are derived from the underlying debt data and summarize the overall picture at Belmont.
The Stafford loan program is the largest source of federal direct loans to undergraduates. Below is the annual Stafford program activity at Belmont:
| Metric | Value |
|---|---|
| Stafford loan recipients | 18166 |
| Total Stafford loan amount | $504,547,332 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 253 |
| Total GI Bill amount | $7,086,970 |
| Average GI Bill amount per recipient | $28,012 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 13 |
| Total DoD amount | $40,249 |
| Average DoD amount per recipient | $3,096 |
References
More about our data sources and methodologies.