Mary Baldwin University (MBU) is a private liberal arts university located in Staunton, Virginia. Founded in 1842, MBU has a long history of providing quality education to students from all over the world. The university offers a variety of undergraduate and graduate programs, as well as a number of online and continuing education courses.
MBU is committed to making education affordable for all students. The university offers a variety of financial aid programs, including scholarships, grants, loans, and work-study. In 2023-2024, MBU awarded over $30 million in financial aid to its students.
Types of Financial Aid
MBU offers a variety of financial aid programs to help students pay for college. These programs include:
- Scholarships: Scholarships are awarded to students based on academic merit, financial need, or other criteria. MBU offers a variety of scholarships, including the Presidential Scholarship, the Dean’s Scholarship, and the Trustee Scholarship.
- Grants: Grants are awarded to students based on financial need. MBU offers a variety of grants, including the Pell Grant, the Federal Supplemental Educational Opportunity Grant (FSEOG), and the Virginia Tuition Assistance Grant (VTAG).
- Loans: Loans are borrowed money that must be repaid after graduation. MBU offers a variety of loans, including the Federal Direct Subsidized Loan, the Federal Direct Unsubsidized Loan, and the Federal Direct PLUS Loan.
- Work-study: Work-study is a program that allows students to earn money to help pay for college. MBU offers a variety of work-study jobs on campus.
How to Apply for Financial Aid
To apply for financial aid at MBU, you must complete the Free Application for Federal Student Aid (FAFSA). The FAFSA is available online at www.fafsa.ed.gov.
When you complete the FAFSA, you will need to provide information about your family’s income and assets. This information will be used to determine your eligibility for financial aid.
Deadlines
The priority deadline for financial aid applications is March 15. However, you may still be eligible for financial aid if you apply after this deadline.
Tips for Getting Financial Aid
Here are some tips for getting financial aid:
- Apply early. The earlier you apply for financial aid, the more likely you are to get the aid you need.
- Complete the FAFSA accurately. Make sure you provide all of the information requested on the FAFSA.
- Explore all of your options. There are a variety of financial aid programs available. Be sure to explore all of your options to find the programs that are right for you.
- Don’t be afraid to ask for help. If you have any questions about financial aid, don’t hesitate to ask for help. The financial aid office at MBU is always willing to help students.
Financial Aid at Mary Baldwin University – Frequently Asked Questions
What is the average amount of financial aid that MBU students receive?
The average amount of financial aid that MBU students receive is $25,000.
What percentage of MBU students receive financial aid?
Approximately 95% of MBU students receive financial aid.
What is the deadline for applying for financial aid?
The priority deadline for financial aid applications is March 15. However, you may still be eligible for financial aid if you apply after this deadline.
How do I apply for financial aid?
To apply for financial aid, you must complete the Free Application for Federal Student Aid (FAFSA). The FAFSA is available online at www.fafsa.ed.gov.
Conclusion
MBU is committed to making education affordable for all students. The university offers a variety of financial aid programs to help students pay for college. If you are interested in attending MBU, be sure to apply for financial aid.
Additional Resources
Appendix
Table 1: Types of Financial Aid
| Type of Aid | Description |
|---|---|
| Scholarships | Awarded based on academic merit, financial need, or other criteria |
| Grants | Awarded based on financial need |
| Loans | Borrowed money that must be repaid after graduation |
| Work-study | Allows students to earn money to help pay for college |
Table 2: Financial Aid Deadlines
| Deadline | Description |
|---|---|
| March 15 | Priority deadline for financial aid applications |
| June 1 | Regular deadline for financial aid applications |
Table 3: Average Financial Aid Amounts
| Year | Average Amount |
|---|---|
| 2023-2024 | $25,000 |
Table 4: Percentage of Students Receiving Financial Aid
| Year | Percentage |
|---|---|
| 2023-2024 | 95% |