Belmont University 2020-2021 Undergraduate Financial Aid Roadmap

Roadmap to Belmont

UNDERGRADUATE FINANCIAL AID 2020–2021

ME RI T S CHOL AR SHIP S Merit scholarships are awarded to full-time, degree-seeking freshman students only. The application for admission to Belmont— available each fall starting August 1—also serves as the application for these scholarships. Merit scholarships apply towards fall and spring terms only.

For Fall 2021 applicants, Belmont will be “test optional.” Admitted freshmen who did not submit a test score will be considered for merit scholarships on the basis of their high school GPA and other components of the application. Test score and GPA data provided in this document reflect the credentials of the freshman class entering Belmont in Fall 2020.

T YPE S OF S CHOL AR SHIP S G E NE R AL ACADE M IC M E RI T S CHOL AR SH I P S •

Awarded to approximately 65% of admitted freshman

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$3,000–$10,000/year

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Based on either 1) a combination of high school GPA and ACT/ SAT test score or 2) high school GPA and other components of the application.

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Awarded throughout the admission cycle, from September through June Notification typically follows offer of admission by 7–10 days

NAMED SCHOLARSHIPS •

Belmont’s most competitive awards—Archer Presidential, Hearst and Faculty Scholar awards

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Priority consideration given to freshman students who complete their application for admission by December 1

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Must initially qualify at the $10,000 General Academic Merit Scholarship level to be in the pool of consideration for these awards

AUGUST 1 Application for Admission Opens 1

Decisions made and communicated to recipients by late January.

DEPARTMENTAL AWARDS

Students with credentials similar to those of current freshman class are most competetive for an award (27 ACT, 1213 SAT and 3.70 GPA)

Key Dates

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Awards offered by College of Business, College of Health Sciences & College of Theology and Christian Ministry

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Priority consideration given to students who complete their application for admission by December 1

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Notification typically made by mid-January

TALENT SCHOLARSHIPS The College of Music and Performing Arts, The O’More College of Architecture and Design, Watkins College of Art, and The Mike Curb College of Entertainment and Music Business (Songwriting major) offer audition/portfolio-based scholarships. Check with each college for specific details.

MISCELLANEOUS AWARDS Information on a small number of additional scholarships (Leadership, Endowed/Restricted and those designated for Middle Tennessee residents) can be found at belmont.edu/scholarships/merit.

FOR ADMI S SION AND S CHOL AR SHIP C ONSIDE R AT ION : SEPTEMBER 15 First Round of Admission Decision Letters Mailed 2

DECEMBER 1 Priority Application Deadline for Competitive and Departmental Scholarship Consideration 3

ONGOING Offers of Admission Mailed Within 1–2 Weeks of an Application File Becoming Complete General Merit Scholarship Offers Mailed 7–10 Days After Offer of Admission

MAY 1 National Candidate Reply Date (when student must accept admission offer) 4

NE E D - B A SE D AI D S UBM I T T H E FAFS A •

The Free Application for Federal Student Aid is the application for need-based aid from Belmont.

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The FAFSA is available each fall starting October 1 at studentaid.gov.

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Priority consideration given to those students submitting the FAFSA by December 1. Submissions after that date will be processed in the order in which they are received.

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Eligibility for most forms of aid based on Expected Family Contribution (EFC) as determined by the FAFSA process.

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First round of award letters mailed in December.

T YPE S OF NE E D - B A SE D AI D G R AN T S

L OANS

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Monies awarded on the basis of financial need as determined via the FAFSA

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Stafford Subsidized Loan (student)—based on financial need

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No repayment required

Stafford Unsubsidized Loan (student)—not based on financial need

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Student must be enrolled on a full-time basis (12–16 credit hours)

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Parent PLUS Loan: credit-based loan for parents of dependent children

F E DE R AL WORK- S T UDY •

Key Dates

On-campus job for students with demonstrated financial need

F OR F INANCI AL AI D :

OCTOBER 1

DECEMBER 1

FAFSA Released by the U.S. Department of Education

Priority FAFSA Submission Date for Need-Based Aid Consideration (as well as a limited number of merit/departmental scholarships)

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MAY 1 National Candidate Reply Date (date to accept aid offer)

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BY T H E N UMBE R S 2020–21 Tuition and Fees........................................................................................................................................................$37,030 2020–21 Room and Board........................................................................................................................................................$12,890 Total cost for 2020–21................................................................................................................................................................. $49,920 Percentage of Undergraduate Students Receiving Financial Aid of Any Kind................... 78% Do you have questions about financial aid? Email finaid@belmont.edu or call 615.460.6403.

From Here to Anywhere Office of Admissions • 1900 Belmont Boulevard • Nashville, TN 37212 • BELMONT.EDU admissions@belmont.edu • 615.460.6785 or 800.56ENROLL /belmontuniversity

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To read Belmont’s nondiscrimination statement, visit BELMONT.EDU/NONDISCRIMINATION.

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Illustrations by Lucie Rice

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