Scholarships and Grants

Traditional Students

Merit Scholarships and Need-Based Grants are offered to students as part of the undergraduate admissions process. These awards assume that students will maintain continuous full-time enrollment and are only valid for the number of terms normally required to earn an undergraduate degree. The scholarship amounts are set as part of the admissions process and are not increased during the student’s enrollment at Averett.

If a scholarship is renewable and the student maintains the required Satisfactory Academic Progress standards, the scholarship will be renewed automatically. They are not available during the summer.

The University reserves the right to cancel or reduce the scholarship of any student found guilty of disciplinary or honor code violations.

Merit Scholarships (incoming First-Time Freshmen/Transfers Fall 2024)

First-Time Freshmen

First-time freshmen are awarded academic merit scholarships based upon their high school GPA and Standardized Test Scores (SAT or ACT).  The merit scholarships are as follows:

  • Presidential Scholarship – $20,000 per year (must maintain a 2.5 GPA while at Averett)
  • Dean’s Scholarship – $19,000 per year
  • Founders Scholarship – $17,000 per year
  • Horizon Scholarship – $12,000 per year
  • Discover Scholarship – $3,000 per year

First-time freshmen that reside in Virginia will receive Virginia Tuition Assistance Grant (VTAG) estimated at $5,125.

Transfer Students

Transfer students are awarded academic scholarships based upon their college transfer GPA.  The merit scholarships are as follows:

  • Presidential Scholarship – $16,000 per year (3.4 & above transfer GPA)
  • Dean’s Scholarship – $15,000 per year (3.0 – 3.99 transfer GPA)
  • Founders Scholarship – $14,000 per year (2.5 – 2.99 transfer GPA)
  • Horizon Scholarship – $8,000 per year (2.0 – 2.49 transfer GPA)

Transfer students that reside in Virginia will receive Virginia Tuition Assistance Grant (VTAG) estimated at $5,125.

International Students

All international students accepted to Averett will receive International Student Scholarships in the amount of $29,000 per year

Other Scholarships/Grants/Discounts

Averett University Assistance Grant 
Full-time undergraduate students with proven financial need who complete and submit the FAFSA application maybe eligible.

Phi Theta Kappa Scholarship
Scholarships in the amount of $2,000 are awarded to community college students who are members of Phi Theta Kappa. Students must be enrolled in a Traditional Program. Scholarships may be renewed with a cumulative grade point average of a 3.0 or above.

PLEXUSS Campus Visit Scholarship
Every academic year, PLEXUSS provides a valuable opportunity for incoming full-time undergraduate students. If you schedule and complete a campus visit before enrolling, you will be eligible for this one-time scholarship worth $5,000. For additional information about this scholarship opportunity, click here.

Ministerial Tuition Discounts 
Full-time students who are sons or daughters of ministers or students preparing for church-related vocations are eligible for this renewable award. Amount: $1,000 (resident students), $500 (commuters).

Graduate of Merit Scholarship
Pittsylvania County Graduates of Merit may qualify for a $500 annual scholarship. To learn more about the Pittsylvania County Graduate of Merit program visit PSCB Graduate of Merit Program at

Private Scholarships 
Scholarships are awarded based on criteria such as academic achievement, citizenship, degree program, or special skills and talents. Students will be automatically considered for all privately endowed Averett Scholarships. The Financial Services Office will award private scholarships based on the student’s admission and enrollment information. An application is not required as selections for the private scholarships are based on matching the criteria of the scholarship with the recipient. Preview our private scholarship list.

National Bonner Leader Scholarship

High school seniors with a heart for service are invited to apply for the nationally-acclaimed four-year leadership program. If accepted National Bonner Leaders receive a $1,200 annual stipend, which may or may not include federal work study. An online application opens every January. More information about this prestigious scholarship is available here.

Federal Grants

Pell Grant
Undergraduate students with proven financial need may be eligible. The amount of this award is up to $7,395 for 2024-25. A FAFSA must be completed and filed to be eligible.

Supplemental Educational Opportunity Grant (SEOG) 
Full-time or half-time undergraduate students with exceptional financial need who could not attend university otherwise are eligible. Amount: $200-$4,000. Eligibility for this grant is determined by completing the FAFSA.

Federal TEACH Grant: You may qualify for this grant if you plan to become a teacher in a high-need field in a low income area. Please click here for additional information.

State Grants

Virginia Tuition Assistance Grant (VTAG) 
Full-time domiciled residents of Virginia attending a private university in Virginia are eligible. Amount: Determined each year by Virginia’s General Assembly ((2024-25: $5,125). Download an Application and return it to Averett by July 31, 2024.

Two-Year College Transfer Grant
Be a first-time entering freshman no earlier than summer 2007. Be a full-time undergraduate in-state studentCompleted an Associate’s degree at a Virginia two-year public institution with a cumulative GPA of 3.0 or above. Complete the FAFSA and have financial need: defined as a federally calculated SAI of 12,000, or less. An application must be completed by clicking here. Maximum annual standard award is $1,000 ($500 per term). Additional $1,000 ($500 per term) for students enrolled into a degree program in: engineering, mathematics, nursing, teaching, or science.

Outside Scholarships

Many free scholarship search services on the Web provide information on scholarships available nationwide. CLICK HERE to see a list of free scholarship search sources as well as direct links to some outside scholarships.

Please note: students must report all sources of aid to Averett’s financial aid office.