Scholarships, Grants, and Loan Trends at Appalachian Bible

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 170, which is 67.33 % of all undergraduate students. 57 students which is 22.44% of undergraduate students received federal student loans and the average loan amount is $5,292.
For full-time, first-time beginning students (freshmen), 99.78% of students received grants or scholarships and 36% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Appalachian Bible College since 2013.
For that period, the average number of students who received grants aid/scholarships is 170, which is 67.33 % of all undergraduate students. 57 students which is 22.44% of undergraduate students received federal student loans and the average loan amount is $5,292.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14211 (76%)$10,622122 (44%)$4,05377 (28%)$5,433
2014-15193 (65%)$8,673121 (41%)$4,22766 (22%)$5,315
2015-16170 (60%)$9,433110 (39%)$4,24965 (23%)$5,811
2016-17155 (58%)$9,94496 (36%)$4,60049 (18%)$5,856
2017-18151 (55%)$12,56299 (36%)$4,76448 (18%)$5,068
2018-19160 (61%)$11,594108 (41%)$4,46158 (22%)$5,334
2019-20150 (67%)$12,99393 (41%)$4,42957 (25%)$5,157
2020-21170 (77%)$13,18197 (44%)$4,68353 (24%)$5,117
2021-22167 (87%)$14,25485 (44%)$4,56042 (22%)$4,538
Average170 (67.33%)$11,473103 (40.67%)$4,44757 (22.44%)$5,292

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 39 (99.78 % of students) received grants or scholarships and its average amount is $10,261. It can cover 56.29% of tuition & fees ($18,230).
In addition, 14 (35.56 % of students) students get helped from the students loans (average amount : $5,163).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1459 (98%)$8,49727 (45%)$6,687
2014-1534 (100%)$8,7229 (26%)$4,545
2015-1643 (100%)$8,80713 (30%)$5,192
2016-1741 (100%)$8,36912 (29%)$5,000
2017-1841 (100%)$10,99914 (34%)$4,625
2018-1938 (100%)$10,56114 (37%)$6,661
2019-2037 (100%)$11,23915 (41%)$5,551
2020-2136 (100%)$12,15813 (36%)$4,754
2021-2226 (100%)$12,99611 (42%)$3,455
Average39 (99.78%)$10,26114 (35.56%)$5,163
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.
The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 25 (64.33 % of students) received Pell (federal) grants and its average amount is $4,428.
In addition, 11 students received State/local government grants/scholarships (27.44 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1433 (55%)$4,3607 (12%)$49015 (25%)$4,05559 (98%)$4,969
2014-1524 (71%)$4,6545 (15%)$4127 (21%)$2,38234 (100%)$4,885
2015-1628 (65%)$4,3338 (19%)$40711 (26%)$2,15543 (100%)$5,358
2016-1726 (63%)$4,1089 (22%)$33012 (29%)$2,32841 (100%)$5,010
2017-1827 (66%)$4,5248 (20%)$20313 (32%)$4,50041 (100%)$6,553
2018-1924 (63%)$4,6385 (13%)$31016 (42%)$2,65438 (100%)$6,473
2019-2024 (65%)$4,64831 (84%)$5739 (24%)$3,59137 (100%)$6,870
2020-2125 (69%)$4,72236 (100%)$1,2166 (17%)$2,98236 (100%)$7,166
2021-2216 (62%)$3,86626 (100%)$2,8118 (31%)$3,81526 (100%)$6,632
Average25 (64.33%)$4,42815 (42.78%)$75011 (27.44%)$3,16239 (99.78%)$5,991
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students..
The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.
For the last 10 years, on average, 14 (35.56 % of students) get any students loan help and its average loan amount is $14.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1427 (45%)$6,68727 (45%)$5,2534 (7%)$9,679
2014-159 (26%)$4,5459 (26%)$4,545--
2015-1613 (30%)$5,19213 (30%)$5,192--
2016-1712 (29%)$5,00012 (29%)$5,000--
2017-1814 (34%)$4,62514 (34%)$4,625--
2018-1914 (37%)$6,66114 (37%)$4,5193 (8%)$10,000
2019-2015 (41%)$5,55115 (41%)$4,3372 (5%)$9,100
2020-2113 (36%)$4,75412 (33%)$4,2752 (6%)$5,250
2021-2211 (42%)$3,45511 (42%)$3,455--
Average14 (35.56%)$5,16314 (35.22%)$4,5783 (6.50%)$8,507
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