Belmont College students obtain their Federal Student Loans through the Federal Direct Loan Program. 88.0% of new students (1,376 total) were awarded scholarships at Belmont University, averaging $13,812 per person. If you choose not to pay the interest that accrues during your grace period, the interest will be added to your principal balance. This college has been claimed by the college or a college representative. 85.9%. At Belmont University, 43.0%of incoming students take out a loan to help defray freshman year costs, averaging $8,235a piece. Approximately 82% of those attending Belmont University receive financial aid. How do I apply for Federal Direct Loans? This amount includes both private and federally-funded student loans. Institution Grant Aid. 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). You must demonstrate financial need to be eligible for this award. The percentage of students that repay their loans within 5 years. 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. For more information, please see our Alternative Loan Information webpage. The average amount of student loans is $6,098. Amount of Belmont Grants & Scholarships. Alternative loans: private, credit-based loans. Check out the average financial aid Belmont University offers. 15% were awarded federal grants. 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. Browse for Belmont private student loans, low interest rate student loans, college loans, low rate student loans, and more in and around Nashville, TN. Learn More About Student Loans. Federal Grant Aid. 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. Average Loan Amount. Searching for Belmont Sallie Mae student loans has never been easier with Uloop.com. 16%. The average amount of aid received is $13,677. 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. 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. The median monthly federal loan … Learn about student loans for Belmont University and explore student loan provider options. Belmont students and their parents will have access to Subsidized, Unsubsidized, Parent and Grad PLUS loans under the Direct Loan Program. 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 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. You can … Report an issue with this page | Legal Notices | Non-Discrimination, 1900 Belmont Boulevard | Nashville, TN 37212. At Belmont University, 5% of students take out private loans. Repayment begins following a six-month grace period after you graduate, leave school, or cease being enrolled as at least a half-time student. See how much student debt Belmont University students have. Niche requires Javascript to work correctly. After you have been awarded you will need to complete a Master Promissory Note (MPN) and Entrance Counseling. Let’s take a look at the percentage of students at Belmont University with non-federal loans: 5% Have Private Loans. The payment plan is not a loan, does not require a credit check and does not incur interest charges. The loan balance of $109,140 is a four year multiple of the $27,285 average net price. Subsidized: for undergraduate students with demonstrated financial need, as determined by federal regulations. 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. Niche is not a lender and does not endorse the products of these advertisers. Each borrower must fill out a Check-Out Agreement form each time equipment is checked out. 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). The Belmont Supplemental Grant is available to students of diverse backgrounds at Belmont University. Note: PLUS loan borrowers cannot have an adverse credit history (a credit check will be done). The numbers below refer to aid which is offered by Belmont University. Belmont Student Loans can be stressful — but using Uloop can change all of that. 91% of students attending Belmont University receive some sort of financial aid. Users with delinquent accounts are not permitted to borrow equipment. After applying for FAFSA, around 58% students receive federal student loans and 17% students get a Pell Grant. One can apply for financial aid at Belmont University through FAFSA. Feeling a little stressed about paying $54,595 to attend Belmont University each year? Break down the financial aid packages and see how much students recieve in scholarships. Parent PLUS Loans: credit-based loans for the parents of dependent students. Students who are concurrently enrolled with another sibling are also eligible. The average amount of federal, state, or local aid is $15,536. Financial Aid Breakdown. 84%. Complete the form below to request more information on admissions and financial aid from Belmont University * * * * * * Undergraduate students must be enrolled at least six hours. 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. Unsubsidized Federal Stafford Loan - Awarded without regard to financial need. 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. BELMONT'S TITLE IV SCHOOL CODE IS: 003479. 266 first years also received federal grant aid. 88.2%. Note: PLUS loan borrowers cannot have an adverse credit history (a credit check will be done). Fees that Niche receives for ads do not affect the terms you may be offered by the lender you choose. The lender is the U.S. Department of Education (the Department) rather than a bank or other financial institution. Repayment After 7 Years. Generally, the fewer students who take private loans, and the lower the amount of the loan, the more affordable Belmont University is. 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. The student must submit a Master Promissory Note (MPN) and complete online entrance counseling for his or her first Stafford Loan at Belmont University. 16%. Repayment begins following a six-month grace period after you graduate, leave school, or cease being enrolled as at least a half-time student. You can complete this online by going to https://studentaid.gov/ I can really only attest to the Music Business program, as that's what I have my BBA in. 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 university does have other majors, of course, that I'm sure do very well for themselves, but the majority of students … 24%. 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. 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. State Grant Aid. Direct Loans are low-interest loans for students and parents to help pay for the cost of a student's education after high school. Over 1 million high school students are earning no-essay college scholarships for their grades, activities, and other achievements. Pell Grant. There are many additional borrowing options available. The average net price for Belmont University is $35,861 per year, after deducting the … Repayment After 5 Years. What types of Direct Loans are available? COVID-19 Refund Authorization Form. Interest is charged during all periods. Entrance Counseling must be completed every academic year that a student applies for a student loan. Make sure you apply to all grants and loans that you qualify for. Students applying for a Federal Direct loan must complete a Belmont College Loan Application, a Master Promissory Note, and complete Entrance Counseling. Based on average net price, earnings potential, student and alumni reviews, and additional factors. At Belmont University, the median federal loan debt among borrowers who completed their undergraduate degree is $20,640. As with all federal student aid, students must first complete the Free Application for Federal Student Aid (FAFSA). 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. 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. This number can be deceiving, and for many, the net price you pay will be less. Interest will accrue from the time the loan is disbursed until it is paid in full unless the student chooses to make … You must be the dependent of a full-time employee of an agency of the Southern Baptist Convention. 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. To make your search even smoother, we’ve built in student loan filters to refine your Belmont student loan … 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. Semester plans are available for $42 per term. Browse Belmont University (Belmont) classifieds in Nashville, TN to find college housing, internships, tutors, student loans, textbooks and scholarships. The Belmont student loan search has never been easier than right here! This ranks in the top 40th percentile of all colleges in the nation. Current students, faculty and staff with full borrowing privileges may borrow equipment from the Media Center. As a Belmont alum I have to give them five stars, or at least until I finish paying off my student loans. They are designed to help supplement Federal loans for educational costs. There are no exceptions. 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