Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 905, which is 96.67 % of all undergraduate students. 702 students which is 75.00% of undergraduate students received federal student loans and the average loan amount is $7,745.

For full-time, first-time beginning students (freshmen), 100.00% of students received grants or scholarships and 84% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Averett University since 2013.

For that period, the average number of students who received grants aid/scholarships is 905, which is 96.67 % of all undergraduate students. 702 students which is 75.00% of undergraduate students received federal student loans and the average loan amount is $7,745.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14866 (99%)$17,350449 (51%)$4,082691 (79%)$11,243
2014-15825 (97%)$16,673440 (52%)$4,197658 (77%)$8,357
2015-16860 (98%)$16,829424 (49%)$4,182683 (78%)$7,485
2016-17841 (98%)$20,702413 (48%)$4,199652 (76%)$7,385
2017-18903 (97%)$21,876438 (47%)$4,444689 (74%)$7,486
2018-19937 (98%)$24,518435 (45%)$4,566729 (76%)$6,765
2019-20883 (99%)$23,751414 (46%)$4,676674 (75%)$6,825
2020-21977 (90%)$23,941487 (45%)$4,651781 (72%)$7,109
2021-221,051 (94%)$22,440465 (42%)$4,653760 (68%)$7,049
Average905 (96.67%)$20,898441 (47.22%)$4,406702 (75.00%)$7,745
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 249 (100.00 % of students) received grants or scholarships and its average amount is $21,118. It can cover 54.78% of tuition & fees ($38,550).

In addition, 210 (84.00 % of students) students get helped from the students loans (average amount : $7,438).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14235 (100%)$14,499194 (83%)$12,044
2014-15212 (100%)$18,351182 (85%)$7,292
2015-16265 (100%)$17,087234 (88%)$6,536
2016-17236 (100%)$19,918195 (83%)$6,561
2017-18280 (100%)$21,119230 (82%)$7,896
2018-19291 (100%)$22,378280 (96%)$7,063
2019-20229 (100%)$23,497180 (79%)$6,339
2020-21270 (100%)$26,970223 (83%)$7,111
2021-22226 (100%)$26,246175 (77%)$6,097
Average249 (100.00%)$21,118210 (84.00%)$7,438
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 122 (49.22 % of students) received Pell (federal) grants and its average amount is $4,418.

In addition, 144 students received State/local government grants/scholarships (57.78 % of students).

Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14119 (51%)$3,45012 (5%)$1,548196 (83%)$538235 (100%)$12,224
2014-15117 (55%)$4,2558 (4%)$1,574120 (56%)$3,505209 (98%)$14,161
2015-16121 (46%)$4,1746 (2%)$2,260146 (55%)$2,782264 (100%)$13,649
2016-17125 (53%)$4,24311 (5%)$2,147126 (53%)$3,049236 (100%)$15,943
2017-18142 (51%)$4,6409 (3%)$1,333134 (48%)$3,270280 (100%)$17,159
2018-19131 (45%)$4,5066 (2%)$500153 (53%)$4,142290 (100%)$18,224
2019-20116 (51%)$4,546176 (77%)$761139 (61%)$4,176229 (100%)$18,074
2020-21128 (47%)$4,885215 (80%)$666155 (57%)$4,968270 (100%)$21,272
2021-2299 (44%)$5,0675 (2%)$2,091123 (54%)$4,173225 (99%)$21,806
Average122 (49.22%)$4,41850 (20.00%)$1,431144 (57.78%)$3,400249 (99.67%)$16,946
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 210 (84.00 % of students) get any students loan help and its average loan amount is $210.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14194 (83%)$12,044193 (82%)$10,38127 (11%)$12,331
2014-15182 (85%)$7,292170 (80%)$7,15012 (6%)$9,299
2015-16234 (88%)$6,536209 (79%)$5,81625 (9%)$12,559
2016-17195 (83%)$6,561188 (80%)$6,3117 (3%)$13,262
2017-18230 (82%)$7,896216 (77%)$6,86424 (9%)$13,893
2018-19280 (96%)$7,063237 (81%)$5,56243 (15%)$15,338
2019-20180 (79%)$6,339178 (78%)$5,8178 (3%)$13,191
2020-21223 (83%)$7,111203 (75%)$5,92520 (7%)$19,148
2021-22175 (77%)$6,097164 (72%)$5,52611 (5%)$14,608
Average210 (84.00%)$7,438195 (78.22%)$6,59520 (7.56%)$13,737

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