$5,635

Avg. Federal Grant

$6,277

Avg. Federal Loan

$8,086,038

Total Aid Awarded

Sweet Briar College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

85%

Total Aid Amount Average Total Aid Awarded per year.

$8.086M

Financial Aid Official Website

www.sbc.edu/financial-aid

Students can avail of scholarships provided by the college, such as Academic Scholarships, Carnegie Dartlet $10,000 Scholarship, Community Service Scholarship for Multicultural Students, and Marie L. Rose Scholarship, if they find educational expenses to be on the higher side. Notably, 99% of the students at Sweet Briar College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,232,293. For additional information about financial assistance schemes, one can head over to SBC’s financial aid page at http://www.sbc.edu/financial-aid. Notably, a total of 28% of the applicants to Sweet Briar College receive the Federal Grant every year. Meanwhile, 98% of the applicants receive the Student Grant and 93% are awarded the Institution Grant, while 28% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,695, and the same stands at $2,901 for State Grant awardees and $9,655 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,564. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $31,889 per year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $35,146, while those falling in the $48,001-$75,000 income category get $33,953 a year. On the other hand, the average federal aid stands at $30,194 for those with an annual family income between $75,001 and $110,000, and at $28,118 for an income more than $110,000. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Sweet Briar College, the percentage of candidates who opt to avail of student loans is around 61%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

27%

State Grant Aid

53%

Institution Grant Aid

94%

Pell Grant

27%

Average Aid Awarded

Federal Grant Aid

$5,635

State Grant Aid

$3,300

Institution Grant Aid

$25,003

Pell Grant

$4,248

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$35,293

$30,001 - $48,000

$33,653

$48,001 - $75,000

$32,121

$75,001 - $110,000

$29,246

Over $110,000

$27,525

Student Loans for Sweet Briar College

Average Loan Amount Average Loan Amount received per year.

$9,598/Year

Students Taking Out Loans

63%

Loan Default Rate

1.8%

Other Colleges In Virginia

University of Richmond
University of Richmond

University Of Richmond, Virginia

Liberty University
Liberty University

Lynchburg, Virginia

Other Private not-for-profit Colleges

Everest University
Everest University

Tampa, Florida

Keiser University
Keiser University

Fort Lauderdale, Florida

Columbia University
Columbia University

New York, New York