Founded in 1859 as a school for young women, Averett grew to a fully accredited, co-educational, four-year college in 1971. Today, the university attracts students from 30 states and 15 foreign countries and offers degree programs at more than 25 Virginia locations.

Academics
Academic programs include special study options: academic remediation for entering students, accelerated degree program, adult/continuing education programs, advanced placement credit, cooperative education, distance learning, double majors, external degree program, honors programs, independent study, internships, off-campus study, part-time degree program, services for learning disabled students, student-designed majors, study abroad, and summer session for credit. Averett University offers 32 undergraduate majors, master’s programs, and business and education and programs for working professionals. Average class size is 13.

Financial Aid Types:
- Federal Perkins Loan
- Federal Direct Loan Program
- Direct Stafford Loans
- Subsidized Stafford Loans
- Unsubsidized Stafford Loans
- Federal Direct PLUS Loan Program
- Parent (PLUS) for Parents of Dependent Undergraduate Students
- Graduate PLUS Loan for Graduate

Scholarships and grants:
- Trustee Scholarship
- Presidential Scholarship
- Dean’s Scholarship
- Founders Award
- Horizon Award
- Averett Scholars Award
- Averett University Assistance Grant
- Phi Theta Kappa Scholarship
- Ministerial Tuition Discounts
- Graduate of Merit Scholarship
- The Community Foundation Scholarship
- Private Scholarships
- Pell Grant
- Academic Competitiveness Grant (ACG)
- National SMART Grant
- Supplemental Educational Opportunity Grant (SEOG)
- Virginia Tuition Assistance Grant (VTAG)
- College Scholarship Assistance Program (CSAP)
- Two-Year College Transfer Grant