Federal and State Aid and Other Income
We believe talented students shouldn’t miss out on a high-quality education simply because they cannot afford rising tuition costs. None of Berea’s 1,630 students are charged tuition. Instead, Berea’s endowment return supports 74% of our operating costs. Another 16% of the annual budget comes from federal and state funding and miscellaneous income. The final 10% comes from the generous support of alumni, friends, organizations, students and others who believe family incomes should not dictate students’ outcomes.
Berea relies on donors to make education possible for the students it serves. These gifts close the gap needed to complete the Tuition Promise Scholarship for each student.