by our College Data Analytics TeamThe total cost of attendance at Belhaven University 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.
However, some types of financial aid are definitely more desireable than others, and some students will receive more aid than others.Find out more by scrolling down the page.
$17,769.00 is the typical Belhaven University’s first year financial aid package. A significant 94% 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.
Student debt should be thought of as an “outcome” rather than “aid”. Read more about student loan debt at Belhaven University.
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 following numbers pertain to assistance that is supplied by Belhaven University.
94% of incoming freshmen (163 total) were awarded scholarships at Belhaven University, averaging $14,487.00 a piece. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 48% of first years (84 total) were awarded federal grant aid, averaging $5,453.00 each.
Amount of Financial Assistance Per Income Level
The next table displays grant and scholarship distributions by family income for freshman students getting any kind of federally-funded Title IV aid, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 20.11% | $22,916.00 |
| Income 30k-48k | 8.05% | $20,999.00 |
| Income 48k-75k | 13.22% | $18,060.00 |
| Income 75k-110k | 7.47% | $15,935.00 |
| Income 110k + | 5.17% | $15,294.00 |
The table above displays undergrads who are obtaining Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
Of the 174 undergraduate students at Belhaven University around 94% (164 total) receive some form of grant aid. The typical amount awarded was $17,769.00.
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.