Averett University · Virginia

Averett University Merit Aid

Verified Jun 20262 months ago· HX-AUTO

Merit tiers126 automatic on stats

Last verifiedJun 2026Analyst HX-AUTO

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Checking merit aid at Averett University

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The merit-aid verdict at Averett University

Averett values academic achievement and offers meaningful support for transfer students, ministry-bound learners, and out-of-state applicants.

Who this school is for

Transfer students with strong college records will find multiple scholarship pathways, while those pursuing ministry careers and non-resident applicants also have dedicated award options.

Tuition / cost of attendance: Approximately $24,750 for 2026-2027. Source

Federal cost and outcome data

Federal reporting on who actually enrolls at Averett University, what they paid after aid, and what happened next — independent of anything the school markets.

Average annual net price by family income at Averett University, academic year 2021-22
Family income	Average net price paid
$0–$30,000	$23,064
$30,001–$48,000	$16,990
$48,001–$75,000	$19,023
$75,001–$110,000	$21,959
$110,001+	$28,810
All income levels (average)	$22,925

Sticker price vs. what students actually pay

Published tuition & fees, AY 2022-23: $38,550
Average net price paid (all Title-IV aid), AY 2021-22: $22,925

That works out to roughly a 57% discount below the federal AY 2021-22 average cost of attendance of $53,460 (College Scorecard — a separate, federally reported figure, not the published cost of attendance shown above).

Outcomes for students who enrolled here

Graduation rate (150% of normal time), 2016 cohort: 48%
First-year retention rate, 2021 cohort: 65%
Median debt at completion, 2020–2021 completers: $25,000 (~$265/mo on a 10-yr plan)
Median earnings, 10 years after entry (measured 2020-21): $51,516
Share of students receiving a Pell grant, AY 2021-22: 46%
Share of students receiving a federal loan, AY 2021-22: 69%

How to read these numbers

Net price reflects only first-time, full-time, degree-seeking students who received federal Title IV financial aid — not Averett University's full student body.
Published tuition is the catalog sticker price for all students, not a Title IV-only figure.
Graduation rate reflects the entire first-time, full-time, degree-seeking cohort — not only students who received Title IV aid.
Retention rate reflects all first-time, full-time, bachelor's-seeking students — not only Title IV aid recipients.
Median debt reflects only completers who took out federal student loans — not Averett University's full graduating class, and not limited to first-time, full-time students.
Median earnings reflect Title IV aid recipients who entered college and were working (not enrolled) roughly a decade later — not necessarily the graduating cohort, and not a recent graduate's paycheck.
Pell grant and federal loan participation covers first-time, full-time, degree-seeking students only.
Net price blends need-based aid and merit aid together — it is not a merit-specific estimate. It shows what similar-income families actually paid on average after every kind of aid, not what a strong-stats student could win in merit dollars alone. Treat it as cost context, not a merit forecast — a MeritPlaybook models merit aid specifically for your student’s own stats, which this net-price figure cannot do.

None of this is current-year data — the U.S. Department of Education reports it on a delay, and different figures below come from different reporting years. Net price is an academic year 2021-22 figure. Published tuition reflects the 2022-23 academic year. Graduation rate reflects the Fall 2016 entering, full-time, first-time, degree/certificate-seeking cohort; completion measured within 150% of normal time (~6 years for a bachelor's degree). IPEDS Graduation Rates component (C150_4). Retention reflects the Fall 2021 full-time, first-time, bachelor's-seeking cohort retained into the following fall. IPEDS Fall Enrollment component (RET_FT4). Median debt reflects the NSLDS FY2020 and FY2021 pooled completer cohorts (GRAD_DEBT_MDN, GRAD_DEBT_MDN10YR_SUPP). Median earnings reflect the Treasury-matched cohort entering college in AY2009-10 or AY2010-11, earnings measured 10 years later in calendar years 2020 and 2021, inflation-adjusted to 2022 dollars (MD_EARN_WNE_P10).

Application

Source

$500

Graduate Of Merit Scholarship

Application

Source

$2,000

Out Of State Grant

Application

Source

$5,500

Transfer Provost Scholarship

Automatic

GPA: 3.5

Source

$2,000

Phi Theta Kappa Scholarship

ApplicationRenewable

View requirements

Renewal terms

Maintain 3 GPA

Source

$500–$1,000

Ministerial Tuition Discounts

ApplicationRenewable

Source

$1,500

Regional Community College Graduate Grant

Application

Source

How Averett University compares across our verified dataset

668 of 750 verified schools publish at least one four-year renewable merit award.
Averett University is one of them. The cohort minority (82 schools) only awards one-year scholarships, which means the four-year value families assume on a brochure quote isn't guaranteed at every school.

Sources used on this page

Every claim is checked against Averett University’s own published materials. Below is the full reference set.

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