What This Means For You
Are you aware financial aid accessibility is based on different criteria? Keep reading to find information on how much aid and scholarships to expect from Berea.
How Many Undergrads Get Financial Aid?
Berea College's standard financial aid package for newly arriving freshmen is $34,512. About 100.0% of new students obtain some financial aid, the majority of which is scholarships and grants.
Student loans are a part of financial aid packages, but the only true college discount is a scholarship or grant that you don't need to repay.
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 apply to scholarships and grants mainly provided by Berea College.
100.0% of first year students (432 total) were given scholarships at Berea College, averaging $24,818 per person. This puts it in the top 20th percentile of all schools nationwide.
As well as scholarships, 91.0% of freshmen (393 total) received federal grant aid, averaging $4,892 a person.
The chart below shows the typical amount of grant and scholarship aid given to all freshmen.
Scholarships are merit-based, while grants are need based.
How Family Income Affects Aid
Determine how much grant and scholarship aid you may expect to obtain determined by your family income. The chart following shows freshmen getting Title IV assistance which includes PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 55.1% | $32,805 |
| Income 30k-48k | 17.6% | $31,879 |
| Income 48k-75k | 18.3% | $28,175 |
| Income 75k-110k | 3.5% | $13,215 |
| Income 110k + | 2.3% | $0 |
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 $30,477
Of the 1,643 undergraduate students at Berea College around 100.0% (1,643 total) get some sort of grant aid. The standard amount granted was $30,477.
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 |
