Learn More About Student Loans. As with all federal student aid, students must first complete the Free Application for Federal Student Aid (FAFSA). You can complete this online by going to https://studentaid.gov/ Students applying for a Federal Direct loan must complete a Belmont College Loan Application, a Master Promissory Note, and complete Entrance Counseling. Generally, the fewer students who take private loans, and the lower the amount of the loan, the more affordable Belmont University is. The average student takes out this amount in student loans. Pell Grant. Financial Aid Breakdown. After applying for FAFSA, around 58% students receive federal student loans and 17% students get a Pell Grant. 16%. State Grant Aid. The average amount of aid received is $13,677. Students Receiving Aid. Amount of Belmont Grants & Scholarships. Belmont University Financial Aid Trends Over the past 9 years (2010-2018), the average number of students who received grants aid/scholarships is 3,678 (65.00 % of all undergraduate students) and 3,303 (58.50 % of all undergraduate students) students received the federal student loans (average loan amount : $6,852). What types of Direct Loans are available? No interest will accrue while a student is in school at least half-time, during the grace period, and during deferment periods. Federal Grant Aid. The numbers below refer to aid which is offered by Belmont University. For more information, please see our Alternative Loan Information webpage. COVID-19 Refund Authorization Form. Check out the average financial aid Belmont University offers. As a Belmont alum I have to give them five stars, or at least until I finish paying off my student loans. Note: Students must complete a FAFSA to receive a Graduate Direct PLUS loan and must be enrolled at least half-time (3 hours for graduate students). Semester plans are available for $42 per term. I can really only attest to the Music Business program, as that's what I have my BBA in. Niche is not a lender and does not endorse the products of these advertisers. Belmont University Student Loan Payments; Example Payments; Monthly Loan Payment: $2,182.10: Amount Borrowed: $211,040.00: Interest Rate: 4.5%: Term: years: Number of Monthly Payments: 120: Total Interest Cost: $50,812.24: Sum of All Payments over 10 years 266 first years also received federal grant aid. At Belmont University, 4,751 undergraduate students (73% of total 6,497 students) have received financial aid including grants, scholarships, and/or federal student loans. How do I apply for Federal Direct Loans? Report an issue with this page | Legal Notices | Non-Discrimination, 1900 Belmont Boulevard | Nashville, TN 37212. The lender is the U.S. Department of Education (the Department) rather than a bank or other financial institution. As with all federal student aid, students must first complete the Free Application for Federal Student Aid (FAFSA). Belmont students and their parents will have access to Subsidized, Unsubsidized, Parent and Grad PLUS loans under the Direct Loan Program. The student must submit a Master Promissory Note (MPN) and complete online entrance counseling for his or her first Stafford Loan at Belmont University. There are many additional borrowing options available. Fast application and approval process entirely mobile, No fees for origination, disbursement, prepayment or late payment, Four flexible repayment options to save you money, Undergraduate, graduate, and professional student loans available, No fees ever – $0 application, $0 origination and $0 late fees, Apply in as little as 3 minutes and get an instant credit decision, Choose from a variety of loan terms and competitive variable and fixed rate options, Multiple repayment options from deferred to immediate principal and interest, Students with little or no credit history will benefit from having a creditworthy co-signer, Apply with a cosigner in minutes, from any device. Contact Belmont University to learn about their financial aid program Though Belmont University does not offer Micro-Scholarships on RaiseMe, over 300 other colleges do. Note: PLUS loan borrowers cannot have an adverse credit history (a credit check will be done). Feeling a little stressed about paying $54,595 to attend Belmont University each year? Many students do also need to apply for additional private student loans. A loan is borrowed money that must be repaid, along with any interest that may accrue. Each borrower must fill out a Check-Out Agreement form each time equipment is checked out. Current students, faculty and staff with full borrowing privileges may borrow equipment from the Media Center. The percentage of students that repay their loans within 5 years. Based on average net price, earnings potential, student and alumni reviews, and additional factors. 91% of students attending Belmont University receive some sort of financial aid. Parent PLUS Loans: credit-based loans for the parents of dependent students. Average Loan Amount. The loan balance of $109,140 is a four year multiple of the $27,285 average net price. While 39% received federal loans. The average amount of federal, state, or local aid is $15,536. 16%. Unsubsidized: not based on financial need; interest is charged during all periods, even during the time a student is in school and during grace and deferment periods. This amount includes both private and federally-funded student loans. Belmont students and their parents will have access to Subsidized, Unsubsidized, Parent and Grad PLUS loans under the Direct Loan Program. Belmont, in partnership with Nelnet/TMS, offers an interest-free payment plan to all current and admitted students to assist with the cost of attendance. Repayment After 5 Years. Niche requires Javascript to work correctly. Repayment begins following a six-month grace period after you graduate, leave school, or cease being enrolled as at least a half-time student. The kind of person who should attend Belmont University is one who is dedicated to learning and determined to do his/her best to succeed. Belmont College students obtain their Federal Student Loans through the Federal Direct Loan Program. Subsidized: for undergraduate students with demonstrated financial need, as determined by federal regulations. Interest is charged during all periods. The average amount of student loans is $6,098. Make sure you apply to all grants and loans that you qualify for. See how much student debt Belmont University students have. Belmont Student Loans can be stressful — but using Uloop can change all of that. The payment plan is not a loan, does not require a credit check and does not incur interest charges. They are designed to help supplement Federal loans for educational costs. The university does have other majors, of course, that I'm sure do very well for themselves, but the majority of students … After you have been awarded you will need to complete a Master Promissory Note (MPN) and Entrance Counseling. Over 1 million high school students are earning no-essay college scholarships for their grades, activities, and other achievements. Student Financial Services is located in the Gabhart Student Center, and you may contact us through Ask SFS a Question, email us at finaid@belmont.edu, or call (615) 460-6403. Consider adding a cosigner: Students are nearly 4X more likely to be approved with a cosigner and it may help you get a better rate. Student Loans To gauge a more realistic picture of what it may really cost you out of pocket to go to Belmont University, we've modeled a ten year student loan with an original principal value of $109,140. The Belmont student loan search has never been easier than right here! There are no exceptions. While there is no tuition reduction for Tennessee students, 85.9% of freshmen receive some form of financial aid, with the average amount totaling $14,046. Searching for Belmont Sallie Mae student loans has never been easier with Uloop.com. All student loan borrowers are required to complete a Master Promissory Note and Loan Entrance Counseling through the federal direct loan program using the links below. This number can be deceiving, and for many, the net price you pay will be less. Niche may be compensated by the third party lenders and others who place ads on the website. You must be the dependent of a full-time employee of an agency of the Southern Baptist Convention. Please complete Student Loan Counseling: If you are awarded a Federal Stafford Loan you must complete a Student Loan Counseling each year at Belmont College. Undergraduate students must be enrolled at least six hours. Students who are concurrently enrolled with another sibling are also eligible. Alternative loans: private, credit-based loans. Institution Grant Aid. 88.2%. At Belmont University, the median federal loan debt among borrowers who completed their undergraduate degree is $20,640. Direct Loans are low-interest loans for students and parents to help pay for the cost of a student's education after high school. Approximately 82% of those attending Belmont University receive financial aid. The average federal loan is $5,369, which is 97.6%of the first-year borrowing cap of $5,500* for the typical first-year dependent student. At Belmont University, 5% of students take out private loans. 24%. At Belmont University, 43.0%of incoming students take out a loan to help defray freshman year costs, averaging $8,235a piece. Break down the financial aid packages and see how much students recieve in scholarships. The average net price for Belmont University is $35,861 per year, after deducting the … Parents may apply for these loans and, if approved, may use the funds to help pay for education expenses up to the cost of attendance minus all other financial assistance. The median monthly federal loan … Beginning Undergraduate Students (Freshmen) Financial Aid Fees that Niche receives for ads do not affect the terms you may be offered by the lender you choose. To make your search even smoother, we’ve built in student loan filters to refine your Belmont student loan … You can … Please, Choose from multiple repayment options to suit your budget, Exclusive Study StarterSM Benefit including free access to 4 months of Chegg study® and EasyBib®Plus and 30 minutes of Chegg® Tutors, Borrow up to 100% of the school-certified expenses for the entire school year. 15% were awarded federal grants. If you choose not to pay the interest that accrues during your grace period, the interest will be added to your principal balance. Graduate students may apply for these loans and, if approved, may use the funds to help pay for education expenses up to the cost of attendance minus all other financial assistance. This college has been claimed by the college or a college representative. 84%. Complete the form below to request more information on admissions and financial aid from Belmont University * * * * * * Some students are fortunate enough to have some form of family financial assistance, but student loans end up financing a significant portion of higher education in the U.S. 43% of Belmont University students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $5,369. Entrance Counseling must be completed every academic year that a student applies for a student loan. A valid Belmont University ID card is required. Belmont University Student Loans. The Belmont Supplemental Grant is available to students of diverse backgrounds at Belmont University. Everything is all in one place, so you can browse for Belmont Sallie Mae private student loans, low interest rate student loans, college loans, low rate student loans, and more in and around Nashville, TN or across the globe. 88.0% of new students (1,376 total) were awarded scholarships at Belmont University, averaging $13,812 per person. The Tuition Discount Grant is available to students at Belmont University. This ranks in the top 40th percentile of all colleges in the nation. Let’s take a look at the percentage of students at Belmont University with non-federal loans: 5% Have Private Loans. Note: Students must complete a FAFSA to receive a Direct Parent PLUS loan and must be enrolled at least half-time (6 hours for undergraduate students), Graduate PLUS Loan: credit-based loans for graduate students. One can apply for financial aid at Belmont University through FAFSA. Repayment begins following a six-month grace period after you graduate, leave school, or cease being enrolled as at least a half-time student. Learn about student loans for Belmont University and explore student loan provider options. Browse for Belmont private student loans, low interest rate student loans, college loans, low rate student loans, and more in and around Nashville, TN. Parents or Graduate Students who are seeking Direct PLUS loans will also need to complete a credit check. $7,608. Users with delinquent accounts are not permitted to borrow equipment. Repayment After 7 Years. You must demonstrate financial need to be eligible for this award. Interest is charged during all periods. Note: If you received a Direct Subsidized Loan that was first disbursed between July 1, 2012, and July 1, 2014, you will be responsible for paying any interest that accrues during your grace period. BELMONT'S TITLE IV SCHOOL CODE IS: 003479. Note: PLUS loan borrowers cannot have an adverse credit history (a credit check will be done). Browse Belmont University (Belmont) classifieds in Nashville, TN to find college housing, internships, tutors, student loans, textbooks and scholarships. Unsubsidized Federal Stafford Loan - Awarded without regard to financial need. The information on your FAFSA is transmitted to Belmont and the office of Student Financial Services will use this information to determine your need for federal student aid, including Direct Loans. Students may apply for these loans and, if approved, may use the funds to offset educational expenses. 85.9%. Interest will accrue from the time the loan is disbursed until it is paid in full unless the student chooses to make … Department ) rather than a bank or other financial institution college representative completed. As that 's what i have my BBA in student is in school at six... 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