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AVERETT UNIVERSITY

Averett University
420 West Main Street
Danville, VA 24541

Official telephone: (800) 283-7388
Toll-free telephone: (800) 283-7388
Fax number: (434) 799-0658

Website: www.averett.edu


Options:
Screen last updated on: September 10, 2007

The financial aid information below is valid for the 2007 academic year.

FINANCIAL AID OFFICE
Financial aid officer: Carl Bradsher,
Dean of Financial Assistance
Contacting the office: 434 791-5646
434 791-5647 (fax)
finaid@averett.edu
FAFSA number: 003702

EXPENSES
Undergraduate tuition: $19,512; $19,512 out-of-state
Additional required fees: $1,000
Book fees: $900
Miscellaneous expenses: $2,100
Other expenses: personal
Combined room and board expenses: $7,100 - $7,100

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAApril 1yesN/A
State Aid FormApril 1noN/A

Applied for financial aid:
87% of first-year students
92% of full-time undergraduates
97% of part-time undergraduates
Determined to have financial need:
83% of first-year students
87% of full-time undergraduates
89% of part-time undergraduates
Students determined to have financial need who received any financial aid:
100% of first-year students
100% of full-time undergraduates
100% of part-time undergraduates
Students determined to have financial need who received any need-based gift aid:
93% of first-year students
84% of full-time undergraduates
91% of part-time undergraduates
Students receiving financial aid who received need-based self-help aid:
85% of first-year students
86% of full-time undergraduates
90% of part-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
16% of first-year students
15% of full-time undergraduates
6% of part-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
18% of first-year students
20% of full-time undergraduates
12% of part-time undergraduates
Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans):
69% for first-year students
67% for full-time undergraduates
44% for part-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$12,197 for first-year students
$11,628 for full-time undergraduates
$5,979 for part-time undergraduates
Average need-based gift award:
$9,142 for first-year students
$9,503 for full-time undergraduates
$5,979 for part-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$4,384 for first-year students
$4,278 for full-time undergraduates
$3,294 for part-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$4,170 for first-year students
$4,144 for full-time undergraduates
$3,282 for part-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
28% of first-year students
20% of full-time undergraduates
12% of part-time undergraduates
Average award to students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
$11,989 for first-year students
$12,747 for full-time undergraduates
$5,492 for part-time undergraduates
Students who received a non-need-based athletic award:
0% of first-year students
0% of full-time undergraduates
0% of part-time undergraduates
Average non-need-based athletic award:
$0 for first-year students
$0 for full-time undergraduates
$0 for part-time undergraduates
School participates in Federal Work-Study Program: yes
Percent of students who received aid that participated in Federal Work Study: 18%

TYPES OF AID AVAILABLE
Types of loans available:
  • FFEL Subsidized Stafford Loans
  • FFEL Unsubsidized Stafford Loans
  • FFEL PLUS Loans
  • Federal Perkins Loans
  • State Loans
  • Private Loans
Percent of undergraduates who have borrowed through all loan programs: 60%
Average student debt upon graduation: $20,222
Types of payment plans:
  • Academic Management Services (AMS)
Need-based scholarships/grants available:
  • need-based (general)
  • Federal Pell Grants
  • SEOG
  • state scholarships/grants
  • college/university scholarships/grants (institutional funds)
  • private scholarships/grants
Non-need-based scholarships/grants available:
  • non-need-based (general)
  • state scholarships/grants
  • academic merit scholarships/grants
  • creative arts/performance
Percent of scholarship aid awarded to out-of-state students: 0%



Data is copyrighted material under license to Wintergreen Orchard House, a division of Alloy Education, which is reproduced on this website by permission of Wintergreen Orchard House. Material may contain updates provided solely by the institution to which the updated Data relates. Copyright © 2006-2008 by Wintergreen Orchard House. All rights reserved.


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