OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Regent University Financial Aid and Scholarships 2022

Regent University, which is located in Virginia Beach, VA is a private university. Regent University was founded in the year 1977. The motto of the Regent University is Christian Leadership to Change the World and its official colors are blue and green. In addition to over 4,408 undergraduate students, RU also boasts of over 5,957 students in its postgraduate courses, taking the total enrollment to over 8,630. The school has a total of 138 (Full-time) and 48 (Part-time) academic staff. These fac

$4,822

Avg. Federal Grant

$6,386

Avg. Federal Loan

$26,461,183

Total Aid Awarded

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Regent University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

83%

Total Aid Amount Average Total Aid Awarded per year.

$26.461M

Financial Aid Official Website

www.regent.edu/admin/finaid/

Among them are scholarship programs such as Regent University - Tuition Waiver Exchange Program. As many as 99% of the students at RU get some sort of financial aid, and the total amount of assistance/loans provided is more than $33,064,250 in a year. More information regarding the financial assistance schemes can be accessed on RU’s official financial aid page at http://www.regent.edu/admin/finaid/. The total percentage of candidates applying to Regent University who receive the Federal Grant is 46%. Meanwhile, 98% of the applicants receive the Student Grant and 96% are awarded the Institution Grant, while 46% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,628, and the same stands at $3,299 for State Grant awardees and $10,156 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,992. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $9,753 per year. The average aid amount stands at $11,856 for an annual family income between $30,001 and $48,000. This amount comes to $10,747 for those who fall under the $48,001-$75,000 family income bracket. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $8,895. And, for those with a family income of more than $110,000, the amount stands at $9,524. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. At RU, an estimated number of 91% of the applicants choose to go for student loans.

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Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

45%

State Grant Aid

38%

Institution Grant Aid

86%

Pell Grant

43%

Average Aid Awarded

Federal Grant Aid

$4,822

State Grant Aid

$3,248

Institution Grant Aid

$9,479

Pell Grant

$4,790

Regent University has provided an in-depth breakdown of the financial aid, which we have covered down below.

Up until today, Regent University has offered around $17,204,323 in the form of scholarships, grants, and student loans.
Regent is able to cater to the needs of 68% of the students who apply for financial aid.
Federal Pell Grants are offered to 43% of the students, with each student receiving $4,790 per year.
Around 38% of the students receive the State Grant Aid which amounts to $3,248 per student.
Federal Grant is also offered to 45% of the students. Each student receives an average amount of $4,822 per year.
Regent also offers Institution Grants to 86% of the students, with an average amount of $9,479 offered to each student per year.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$11,626

$30,001 - $48,000

$13,382

$48,001 - $75,000

$11,681

$75,001 - $110,000

$8,249

Over $110,000

$9,371

Regent University also provides financial aid based on the Annual Family Income of the student. Down below, we have provided an in-depth breakdown of the Federal Aid based on Family Income. Students whose family income is below $30,000 or falls in between $30,000 and $48,000 may avail an average aid amount of $11,626 and $13,382 respectively.

$11,681 is offered to students whose family income lies between $48,001 and $75,000. Higher-income groups receive a substantially lesser amount. Families whose earnings lie between $75,001 and $110,000 receive a lower amount of $8,249. Those who earn more than $110,000 receive a noticeably smaller amount of $9,371.

Student Loans for Regent University

Average Loan Amount Average Loan Amount received per year.

$6,423/Year

Students Taking Out Loans

93%

Loan Default Rate

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