What This Means For You
Are you aware financial aid accessability is based on different criteria? Keep reading to find information on how much aid , scholarships and grants to expect from Berea.
How Many Undergrads Get Financial Aid?
Berea College's standard financial aid package for newly arriving freshmen is $33,207. About 100.0% of new students obtain some financial aid, most of which is in the form of scholarships and grants.
Financial aid helps decrease the cost, or the full retail price of the school. However, be aware that the only real college discount are scholarships & grants.
Student debt ought to be considered to be an "outcome" rather than "aid". Learn more about student loan debt at Berea.
How Much Aid is Available in Grants & Scholarships?
The numbers below refer to scholarships and grants mainly provided by Berea College.
100.0% of first year students (416 total) were given scholarships at Berea College, averaging $23,843 per person. This puts it in the top 20th percentile of all schools nationwide.
As well as scholarships, 84.0% of freshmen (349 total) received federal grant aid, averaging $4,657 a person.How are scholarships and grants distributed to freshman at Berea? See the chart below.
Scholarships are merit-based, while grants are need based.
Financial Aid per Family Income
The next graph displays scholarship and grant distributed by family income for first year getting any type of federal Title IV assistance, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 50.0% | $30,030 |
| Income 30k-48k | 22.4% | $29,997 |
| Income 48k-75k | 16.3% | $29,747 |
| Income 75k-110k | 0.2% | $28,320 |
| Income 110k + | 0.2% | $27,320 |
The table above shows undergrads who are getting Title IV aid which is federal aid from the government including loans, grants or work study. Learn more.
Grants & Scholarships for All Undergraduate Students Average $30,358
Of the 1,621 undergraduate students at Berea College around 100.0% (1,621 in total) get some form of grant aid. The standard amount granted was $30,358.
Financial Aid Links from Berea College
| Financial Aid Department Website | https://www.berea.edu/student-financial-aid/ |
| Net Price Calculator | https://berea.studentaidcalculator.com/survey.aspx |
