Financial Aid

Merit Awards range from $2,500 to $6,000. The awards are based on a student’s transcripts and are not stackable with Honors and Premier Scholarships.

Award Amount: Up to $6,000
Qualifications: Average Unweighted GPA of 3.6 or higher

Award Amount: Up to $5,000
Qualifications: Average Unweighted GPA of 3.4-3.59

Award Amount: Up to $4,500
Qualifications: Average Unweighted GPA of 3.0-3.39

Award Amount: Up to $2,500
Qualifications: Average Unweighted GPA of 2.5-2.99

Apply before February 15th for preferred consideration.

Qualifications: 3.5 Unweighted GPA
Duration: Renewable for up to 4 years. Students must be full-time and maintain at least a 3.25 GPA.

The Honors College Scholarship

• Award Amount: $9,000 annually
• Applicants are invited to the annual Honors College Scholarship Weekend.

Award Amount: $7,500
Qualifications: 3.2 Unweighted GPA
Duration: Renewable for up to 4 years. Students must be full-time and remain in good academic standing
Contact: Admissions@bac.edu, 704-461-6665

Award Amount: $6,500
Qualifications: 3.25 Unweighted GPA
Duration: Renewable for up to 4 years. Students must be full-time and maintain at least a 3.0 GPA
Contact: Admissions@bac.edu, 704-461-6665

Award Amount: $6,500
Qualifications: 2.75 Unweighted GPA
Duration: Renewable for up to 4 years. Students must be full-time and maintain at least a 2.5 GPA
Contact: Admissions@bac.edu, 704-461-6665

Qualifications: 2.8 Unweighted GPA; Resident of one of the following counties: Gaston, Lincoln, Cleveland, or Mecklenburg
Duration: Renewable for up to 4 years.

• Award Amount: Full tuition annually
• Cannot be stacked with other institutional scholarships.
• Students who are eligible for the Abbey Advantage Scholarship Program will be notified after completion of the FAFSA.
• Students must be receiving the full Pell Grant and NC Need-Based Aid. amounts

Amount: $1,000
Requirements: Non-weighted high school GPA of 3.25 or above, must fill out the FAFSA

Amount: Varies
Requirements: Contact your coach for additional information.

We want to be sure that you are aware of all of the potential aid available to you, so that you can get the most out of your time at Belmont Abbey College without carrying the burden of heavy costs.

A great resource for financial help comes in the form of Federal and State aid. A variety of types of financial aid, from grants (which most often do not have to be repaid) to loans, are available. Review the grants and loans below, and be sure to apply to those that would be beneficial to you. Please note that promptly filling out the FAFSA will help you receive as much aid as possible.

The Pell grant provides college funding for students with a high degree of unmet financial need. The 2022-2023 minimum award is $692. The 2022-2023 maximum award is $6,895.

This grant ranges from $200 to $4000 per academic year, depending on a student’s need and availability of funds. It does not have to be repaid, except in very specific circumstances.

If you are a legal resident of North Carolina and enrolled for at least 9 credit hours, you may be eligible for this scholarship. In addition to the FAFSA, you must complete the online NC Residency Determination Service.

Two types of Federal student loans are available:

Subsidized Stafford Loans do not accrue interest until a student is no longer enrolled on a half-time basis. This is a fixed-rate loan, with the interest rate set each year on July 1. Stafford Loan borrowers at Belmont Abbey College are required to complete an online Master Promissory Note and Loan Entrance Counseling.

Unsubsidized Stafford Loans are for students who do not meet the financial need criteria for a subsidized loan. With this loan, the student must pay the interest while still in school. If you can’t make the interest payments, they can be added to your principal balance. The interest rate is set each year on July 1, and is a fixed rate loan. Stafford Loan borrowers at Belmont Abbey College are required to complete an online Master Promissory Note and Loan Entrance Counseling.

PLUS Loans are available for every creditworthy parent who is a U.S. citizen or eligible non-citizen, and who has completed the FAFSA. Please apply by June 1. A delay can prevent the loan from being credited to your student’s account prior to first-semester tuition due date of July 1. PLUS Loan borrowers at Belmont Abbey College are also required to complete an online PLUS Application and Master Promissory Note.

Pursue as many outside scholarships as possible to make your Abbey education even more affordable.

The Golden LEAF Scholarship Program is designed to assist current high school seniors and North Carolina community college transfer students. Recipients must be from certain rural counties, demonstrate both financial need and merit, and plan to attend participating North Carolina colleges and universities. The scholarship is funded by the Golden LEAF Foundation through a grant to the North Carolina State Education Assistance Authority. The number of years of scholarship support depends on the degree sought and the number of credits transferred

Golden Door Scholars invests in education and career access for high-performing DACA students. Their approach includes four-year college scholarships for high-performing high school grads and professional development and internship support. Since 2013, Golden Door has awarded scholarships to 45 exceptional students from an applicant pool of over 2,200 students.

College Foundation of North Carolina (CFNC) is a free service of the State of North Carolina that helps students plan, apply, and pay for college. CFNC is a partnership of Pathways, the N.C. State Education Assistance Authority, and College Foundation, Inc. High school seniors from qualifying counties are eligible for up to a $12,000 scholarship ($3,000 per year for four years) to attend participating colleges and universities.

The Cardinal Newman Society is pleased to announce its annual Essay Scholarship Contest. The winning essay writer will be awarded $5,000 toward the cost of attending a college recommended in The Newman Guide.

College scholarships are financial aid for college that you can apply for through organizations, websites, scholarship tools, and more. Scholarships can be need-based, merit-based, or based on things like your hobbies, field of study, ethnicity, religion, and more. You don’t need to be number one in your class or at all.

The ANSWER Scholarship offers moms 25 years and older with school-aged children an opportunity to receive a scholarship to further their educations. Scholarship recipients are provided a volunteer mentor to help with professional development and networking for career development.

Alternative loans are non-federal loans for students. These loans are creditworthy so the student will need a creditworthy cosigner. The cosigner is someone who will be responsible for repaying the loan if the student fails to repay. Students considering borrowing an alternative loan should investigate the terms of the loan prior to applying. Federal loans should always be considered prior to applying for an alternative loan

Federal Work Study is a campus-based employment program. The funds for this program are awarded by the institution. Application for this program is filing the FAFSA.

The Federal Work Study award is for undergraduate students only and is need-based. This fund is not deducted from the student’s tuition bill. The eligible student will be notified by the Human Resource Office of campus-based employment opportunities and will apply and interview for the positions. They will earn minimum wage, which is paid directly to the student on a monthly basis.

Pay Your Deposit

Pay your deposit to reserve your spot at the Abbey. Deposits can be made online through Paypal. The deposit fees are listed below:

Commuting Students: $200
Residential Students: $400
International Students: $2,500