Number Received Financial Aid (All Undergraduate)
707
Percent Received Financial Aid(All Undergraduate)
87%
Average Aid Amount
$15,800
Number Received Financial Aid (Freshmen)
170
Percent Received Financial Aid (Freshmen)
99%
Financial Aid Information at Montreat
For the academic year 2021-2022, a total of 707 students (87% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $15,800. For freshmen (Full-time, first-time degree-seeking undergraduate students), 170 students (99% of enrolled students) received financial aid.
The 2023 undergraduate tuition & fees at Montreat College is $30,525, for reference.
All Undergraduate Students Financial Aid
For the academic year 2021-2022, a total of 707 students (87% of all students) have received grants or scholarships and the average received aid amount is $15,800. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at Montreat College for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 707 | 87% | $15,800 |
| Pell Grants | 326 | 40% | $4,416 |
| Federal Student Loans | 547 | 67% | $6,660 |
Beginning Students Financial Aid
a total of 170 beginning students (99% of all freshmen) have received any financial aid and 170 students (99% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students. The below table shows the number and amount by the source of financial aid at Montreat College.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 170 | 99% | - |
| Grants or Scholarship from All Sources | 168 | 98% | $17,643 |
| Federal Grants | 141 | 82% | $2,928 |
| Pell Grants | 73 | 43% | $4,305 |
| Other Federal Grants | 136 | 80% | $725 |
| State/Local Grants | 59 | 35% | $4,957 |
| Institutional Grants | 167 | 98% | $13,526 |
| Student Loans | 133 | 78% | $7,964 |
| Federal Student Loans | 133 | 78% | $5,174 |
| Other Student Loans | 29 | 17% | $12,797 |
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