Cost of college went up for all students at Averett University


Tuition and fees rose 3.5 percent for 2018-19 at Averett University, according to recent data from the U.S. Department of Education.

Virginia students paid $34,520 to attend the four-year private not-for-profit institution this year – $1,170 more than the $33,350 charged for 2017-18.

Data shows 100 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 280 students received grants or scholarships totaling $5.9 million and 230 students took out student loans totaling more than $1.8 million.

Including all undergraduates (961), 903 students used grants or scholarships totaling $19.8 million, and 689 students took out $5.2 million in federal student loans.

The cost of attending
Enrollment
2015-16
2016-17
2017-18
2018-19
Change in tuition and fees 2015-16 to 2018-19
In-state
~423
$30,900
$31,980
$33,350
$34,520
11.7%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at Averett University in 2015-16.
Type of Aid
Number of students receiving aid
Percent receiving aid
Total amount of aid received
Average amount of aid per student
Federal grants
151
54%
$670,878
$4,443
State / local grant or scholarship
134
48%
$438,150
$3,270
Institutional grants or scholarships
280
100%
$4,804,391
$17,159
Grant or scholarship aid total
280
100%
$5,913,419
$21,119
Federal student loans
216
77%
$1,482,590
$6,864
Other student loans
24
9%
$333,441
$13,893
Student loan aid
230
82%
$1,816,031
$7,896
Total student aid
280
100%
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