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Colleges / Belmont Abbey College

Belmont Abbey College

Belmont, NC 4-Year Private
Acceptance Rate97%

Belmont Abbey College Tuition Information

In 2022, tuition for full-time students at Belmont Abbey College was $19,500 a year.

In 2023, tuition increased 5.41%–from $18,500 the prior year. Usually, colleges raise tuition about 3% each year.

If this information makes going to college seem daunting, remember, the "sticker price" of tuition doesn't mean much if you plan to use financial aid to help pay for college. Many students owe way less than the sticker price after grants, scholarships, and tuition discounts kick in. Additionally, student loans can make the amount you do have to pay for college more manageable until you've finishing school and found a job.

Belmont Abbey College meets 59% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at Belmont Abbey College is around $13,054 a year.

Graduates in the class of 2023 had an average of $26,933 in student loans per borrower.

In-state vs. Out-of-state Tuition at Belmont Abbey College

Belmont Abbey College is a private, religious institution, so it has the same tuition for residents of 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.

Attending a school where you are eligible for the reduced tuition offered to state residentscan save students a lot of money on the overall cost of college. Be sure to confirm your state's guidelines for how to qualify for as an in-state resident. 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 too, depending on the state you and your parents currently reside in.

Explore other North Carolina colleges

Belmont Abbey College International Student Tuition

Tuition at Belmont Abbey College is the same for each student.

International students are not eligible for loans or grants from the U.S. government, but should research private or Belmont Abbey College-specific aid and scholarships.

International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.


Belmont Abbey College Housing Expenses, Fees, and More


In addition to the cost of tuition, room and board, books, transportation and fees are also costs it consider when planning for college. Let's take a look at what impacts these costs, and what to expect at Belmont Abbey College.

House and Food Costs at Belmont Abbey College

Housing and campus dining at Belmont Abbey College is $12,056 a year. This number covers the cost of living in dorms or other on-campus housing, plus a dining plan that allows you to eat in the school dining halls. Students who do not live on-campus but still want to use the dining facilities can opt-in for a meal plan. The cost of a mean plan, or board-only, is $8,000.

Board costs may vary depending on the number of meals you intend to eat on-campus

Cost of Books at Belmont Abbey College

First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The real cost of books 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.

Annual Fees

Most schools also have fees to offsets cost associated with maintaining facilties, like the computer labs and libraries, athletic facilities, and more.

There may be additional fees associated with participating in special activities, like joining a fraternity or sorority, or playing on an intramural sports team. Many schools have ways so that those with demonstrated need to get help covering these costs.

The Cost of Transportation at Belmont Abbey College

The total cost of transportation in college can really vary. Will you take a subway, car or an airplane to get to school? Will you need to pay to park on-campus? Is the campus small enough that you can easily walk from class-to-class?? Do you plan to bring a car or are you planning to use public transportation? All of these questions can make a big difference in your estimated cost of transportation. At Belmont Abbey College, freshman are allowed to park on campus.

Where are a college is located can impact the amount you'll have to spend just to get around. 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 could be pricey, but there may be more trains, busses and low-cost flight options to actually get to school. The Belmont Abbey College campus is located in a town in North Carolina, near Charlotte.

Other Costs

When budgeting for college, don’t forget to leave some room in your budget for personal expenses, like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.


Total Tuition and Expenses at Belmont Abbey College


Now, let’s go over all of the costs we've covered, to get a better idea of how much students can expect to shell out for Belmont Abbey College.

Total Cost of Belmont Abbey College

What will the cost of attending Belmont Abbey College be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses
Tuition $19,500
Room and Board $12,056
Board Only $2,900
Other expenses $2,570

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Total Estimated Costs
On-Campus $34,126
Off-Campus $25,570

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


Belmont Abbey College Financial Aid


The majority of Belmont Abbey College undergrads use financial aid to help pay for school. In 2023, 793 of the 1,507 undergrads enrolled received financial aid. Belmont Abbey College meets 59% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $13,054 a year. Around 58% 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 $26,933 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans $23,317
Private Loans $39,279
Most Common Loans for Belmont Abbey College Students
Federal Loans 57%
Private loans 6%

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.

Scholarships at Belmont Abbey College

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 2023, Belmont Abbey College awarded 791 need-based scholarships to students, giving away total of $7.4 million to help students with financial need cover the cost of school. An additional $3.24 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Net Cost of Belmont Abbey College

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 $13,054 in 2023. 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
On-Campus $21,072
Off-Campus $12,516

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 get a better idea of 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.

Belmont Abbey College Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.

Belmont Abbey College Tuition Waivers

Schools sometimes offer tuition waivers to certain groups, to make attending more affordable. Some colleges offer tuition waivers for employees and their family members, underrepresented students, or military students. Even if you qualify for a waiver, students are usually responsible for housing, meal plans, and other expenses.

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.

Belmont Abbey College's Endowment

An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.

For more information about Belmont Abbey College's endowment, check with the school directly. For each full-time student, Belmont Abbey College spends about $6,553 a year.


Learn More About Belmont Abbey College


Click below to find out more about the admissions requirements and deadlines, student life, academics, majors and more.

Overview

Student Life

Academics

Admissions

Join the conversation about about Belmont Abbey College in the College Confidential forums

Belmont Abbey College Tuition & Fees

Tuition & Fees

$31,556

In State

$31,556

Out-of-State
Cost Breakdown
In State
Out-of-State
State Tuition
$19,500
$19,500
Fees
Unknown
Unknown
Housing
$12,056
$12,056
Books
Unknown
Unknown

Belmont Abbey College Financial Aid

Students Who Receive Need-Based Aid

57%

Average Financial Aid Package

$14,001

Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved

Quick Facts

Total Enrollment

1,501

Campus Setting

Small Town

Acceptance Rate

97%

Tuition and Fees

In State

$19,500

Out-of-State

$19,500

Fall Freshmen
Application Deadline

Unknown
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