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National Application Center :: campus tours :: Randolph College costs & financial aid

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Randolph College

Randolph College
2500 Rivermont Avenue
Lynchburg, VA 24503-1555

Official telephone: (434) 947-8000
Toll-free telephone: (800) 745-7692
Fax number: (434) 947-8138
Website: www.randolphcollege.edu
Screen last updated on: December 2016

The financial aid information below is valid for the 2015 academic year.

FINANCIAL AID OFFICE
Financial aid officer: Michael Farris,
Director of Student Financial Services
Contacting the office: 434 947-8128
434 947-8996 (fax)
cfpa@randolphcollege.edu
FAFSA number: 003734

EXPENSES
Undergraduate tuition: $36,160; $36,160 out-of-state
Additional required fees: $610
Book fees: $1,100
Miscellaneous expenses: $1,900
Other expenses: Miscellaneous and transportation expenses.
Combined room and board expenses: $12,580

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAN/AyesN/A

Date award notification begins: October 1
Applied for financial aid:
84% of first-year students
82% of full-time undergraduates
38% of part-time undergraduates
Determined to have financial need:
93% of first-year students
90% of full-time undergraduates
100% of part-time undergraduates
Students determined to have financial need who received any financial aid:
100% of first-year students
99% of full-time undergraduates
100% of part-time undergraduates
Students determined to have financial need who received any need-based gift aid:
100% of first-year students
100% of full-time undergraduates
67% of part-time undergraduates
Students receiving financial aid who received need-based self-help aid:
98% of first-year students
84% of full-time undergraduates
100% of part-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
18% of first-year students
15% of full-time undergraduates
0% of part-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
25% of first-year students
24% of full-time undergraduates
0% of part-time undergraduates
Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans):
76% for first-year students
77% for full-time undergraduates
38% for part-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$28,967 for first-year students
$29,280 for full-time undergraduates
$16,242 for part-time undergraduates
Average need-based gift award:
$25,373 for first-year students
$24,925 for full-time undergraduates
$10,909 for part-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$4,256 for first-year students
$5,310 for full-time undergraduates
$5,333 for part-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$3,707 for first-year students
$4,595 for full-time undergraduates
$5,333 for part-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
32% of first-year students
26% of full-time undergraduates
12% of part-time undergraduates
Average award to students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
$22,134 for first-year students
$20,886 for full-time undergraduates
$21,700 for part-time undergraduates
Students who received a non-need-based athletic award:
0% of first-year students
0% of full-time undergraduates
0% of part-time undergraduates
Average non-need-based athletic award:
$0 for first-year students
$0 for full-time undergraduates
$0 for part-time undergraduates
School participates in Federal Work-Study Program: yes
Percent of students who received aid that participated in Federal Work Study: 69%

TYPES OF AID AVAILABLE
Types of loans available:
  • Direct Subsidized Stafford Loans
  • Direct Unsubsidized Stafford Loans
  • Direct PLUS Loans
  • FFEL Subsidized Stafford Loans
  • FFEL Unsubsidized Stafford Loans
  • FFEL PLUS Loans
  • Federal Perkins Loans
  • College/University Loans
  • private/alternative loans.
Parent loans packaged to meet need: no
Percent of undergraduates who have borrowed through all loan programs: 80%
Average student debt upon graduation: $35,441
Types of payment plans:
  • Academic Management Services (AMS)
Need-based scholarships/grants available:
  • need-based (general)
  • Federal Pell Grants
  • SEOG
  • state scholarships/grants
  • college/university scholarships/grants (institutional funds)
  • private scholarships/grants
  • United Negro College Fund
Non-need-based scholarships/grants available:
  • non-need-based (general)
  • state scholarships/grants
  • academic merit scholarships/grants
  • creative arts/performance
  • special achievements/activities
  • special characteristics
First-year scholarship/grant award range: $1 (full tuition)
Undergraduate scholarship/grant award range: $1 (full tuition)

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