In 2021, tuition for full-time Belmont Abbey College students was $18,500 a year.
Tuition was the same price in 2021 as it was the year before. On average, college tuition rises about 3%ba year.
If this information makes going to college seem daunting, remember, the "sticker price" of tuition doesn't tell the full story. Many students owe way less than the total tuition after grants, scholarships, and tuition discounts are applied. Additionally, student loans can make theactual cost of attending college more manageable until you've finishing school and found a job.
Belmont Abbey College is a private, religious institution, so it has the same tuition for students from North Carolina as it does for residents from other states.
Public colleges and universities receive funding from the state government. These institutions offer reduced tuition for students who are residents of that state.
Choosing a school where you qualify for the reduced tuition offered to state residentscan save on the total cost of attending college. Take the time to verify your state's eligibility criteria for in-state residency. Every state has its own rules about what makes someone eligible for in-state tuition. The most common requirement is that students must have lived in the state for a full year before starting school. There may be additional requirements as well, depending on the state you and your parents currently live in.
Tuition at Belmont Abbey College is the same for all students.
Students from outside of the U.S. usually do not qualify for for loans or grants from the U.S. government, but may be eligible for private or school-specific grants, scholarships, and other funding opportunities..
International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.
In addition to tuition, there are other costs associated with college, like room and board, facility fees, and books and supplies. Let's take a look at what impacts these costs, and what to expect at Belmont Abbey College.
Housing and campus dining at Belmont Abbey College is $11,590 a year. This number includes the cost of living in dorms or other on-campus housing, and a meal plan that enables you to eat all or some of your meals the school dining facilities. Students who live off campus but would like to be able to eat in the campus dining can pay for a meal plan. The cost of a mean plan, or board-only, is $8,000.
Meal-plan costs vary based on on how many meals are included in the plan you choose.
The cost of books often surprises first-year college students. The actual cost of books and supplies depends on the courses you take and what kinds of books and materials they require. To save money, many students choose to use books from the library or buy used textbooks and materials.
Most schools charge some yearly fees to help cover the cost of facilties, like the library, gym and computer labs.
There may be additional fees associated with participating in special activities, like joining a fraternity or sorority, or participating in sports or other extracurriculars. Most colleges offer ways for students with financial need to find ways to lower or eliminate these fees.
The total cost of getting around in college can really vary. Will you take a subway, car or an airplane to get to school?. Is on-campus parking free, or will you need to budget for parking? Is the campus easy to get around on foot? Do you own a car, or are you planning to use busses, subways, or other modes of transportation? All of these questions can make a big difference in your transportation budget. Keeping in mind, first-year students are allowed to park a car on campus.
A school's location can impact your transportation budget. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand transportation in a city is usually costly, but there may be more buses, trains or low-cost flight options to actually get to school. Belmont Abbey Collegeis located in a small town setting in North Carolina, near Charlotte.
When estimating your budget for college, don’t forget to consider the cost of things like going out to eat or see shows, furnishing your living space, and things like haircuts, clothes and, yes, even toilet paper and shampoo .
Now, let’s look at the breakdown of all expenses, to get a better idea of how much students can expect to shell out for Belmont Abbey College.
|2021 Total Tuition and Expenses|
|Room and Board||$11,590|
|Total Estimated Costs|
The breakdowns above provide a good estimate of the total cost of attendance before financial aid and scholarships. Tuition and fees may vary depending on program, course level, location, and more.
Belmont Abbey College’s tuition and fees change based on: Course load for both full and part-time students
The majority of Belmont Abbey College undergrads use financial aid to help pay for school. In 2021, 839 of the 1,467 undergrads enrolled received financial aid. Belmont Abbey College meets 57.74% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $13,681 a year. Around 74% of Belmont Abbey College undergrads take out student loans to cover any remaining costs. Belmont Abbey College graduates who have student loans graduate with an average of $28,039 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type|
|Belmont Abbey College-Specific Loans||$0|
|Most Common Loans for Belmont Abbey College Students|
Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.
The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Belmont Abbey College financial aid, keep reading, or visit their financial aid website.
Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.
In 2021, Belmont Abbey College awarded 830 need-based scholarships to students, giving away total of $7.5 million to help students with financial need cover the cost of school. An additional $3.05 million in merit-based scholarship money was awarded to students without demonstrated financial need.
The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.
Now that we have a sense of the total estimated costs for Belmont Abbey College students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.
When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.
The average amount of financial aid received by a full-time first year student with demonstrated need at Belmont Abbey College was $13,681 in 2021. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Belmont Abbey College seem more manageable.
|Estimated Net Cost for Full-Time Students|
What will attending Belmont Abbey College really cost you? The answer depends on several factors.
As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families understand the actual cost of attending that school, based on their financial situation. You can find the Belmont Abbey College's net cost calculator on their website.
Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.
A Prepaid Tuition Plan is not available for Belmont Abbey College students.
Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.
Schools sometimes offer tuition waivers to certain groups, to offset the cost of attending. Some colleges offer tuition waivers for employees and their family members, underrepresented students, or military students. Even if you qualify for a waiver, other expenses and fees are the responsibility of the student.
Belmont Abbey College has some full or partial tuition waivers available for: - Employees or Children of Employees
Check the financial aid website for more information on payment plans and tuition waivers.
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