Flexible and Affordable Ways to Pay
Averett's tuition is competitive, and our accelerated format allows students to realize the return on their educational investment sooner than traditional programs.

Students enrolled in Averett's accelerated programs for working professionals also enjoy the option of paying for one course at a time allowing for easier budget planning. In addition, many companies reimburse part or all of an employee's Averett tuition.

Explore financial assistance options:
Scholarships and Grants
Loans
FAFSA Online
Loan Application Process (PDF)

Full-Time Status
Students are considered full-time for financial aid purposes provided the student is continuously enrolled. However, students enrolled in the accelerated program are not eligible for the Virginia Tuition Assistance Grant (VTAG).

Award Year
An award year consists of a minimum of 24 credits AND 40 weeks for undergraduate students (18 credits AND 40 weeks for graduate students). Students must complete all credits and weeks of attendance before they are eligible to receive additional funding for the next award year. An award year will be extended when there are failed, overlapped, or doubled-up classes involved, delaying future aid eligibility. You will need to reapply for financial aid two months prior to the end of your Academic Year (successful completion of 24 credits AND 40 weeks for Undergraduate and 18 credits AND 40 weeks for Graduate students).

Loan Disbursements
Loan funds will be disbursed in two disbursements. The second disbursement will not occur until half of the credits (can vary from 12-16 credits) AND half of the weeks in the award period have been successfully completed.

Graduate Students
Graduate students may apply for Federal Subsidized and Unsubsidized Stafford Loans, and for Federal Work-Study employment. Qualified graduate students pursuing masters other awards offered through the university and the Graduate School. Apply through the Financial Aid Office. Graduate fellowships, grants, tuition benefits, tuition waivers, or health benefits must count as resources for students who apply for financial aid. Therefore, federal loan and work eligibility may be reduced if graduate benefits are received. Contact financial aid office or your particular graduate department for more information about graduate aid. Graduate students are not eligible for Federal Pell Grant.

Financial Aid Reminders

• Financial aid should be used for education expenses only
• You must remain in good academic standing (2.0 GPA for undergrad, 3.0 GPA for graduate level)
• You will need to reapply for financial aid two months prior to the end of your Academic Year (successful completion of 24 credits AND 40 weeks for Undergraduate and 18 credits AND 40 weeks for Graduate students)

Notify the Financial Aid Office if:

You receive funding from an outside source
Your contact information changes
Your course schedule changes