Scholarships, Grants, and Loan Trends at BMA Seminary

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 46, which is 74.89 % of all undergraduate students. 9 students which is 14.67% of undergraduate students received federal student loans and the average loan amount is $6,608.

For full-time, first-time beginning students (freshmen), 100.00% of students received grants or scholarships and 0% of students received student loans.

School Home 2023 Financial Aid

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Baptist Missionary Association Theological Seminary since 2013.

For that period, the average number of students who received grants aid/scholarships is 46, which is 74.89 % of all undergraduate students. 9 students which is 14.67% of undergraduate students received federal student loans and the average loan amount is $6,608.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	47 (85%)	$4,575	37 (67%)	$3,171	14 (25%)	$5,597
2014-15	52 (90%)	$4,654	47 (81%)	$2,621	13 (22%)	$6,353
2015-16	49 (75%)	$5,569	39 (60%)	$3,290	14 (22%)	$8,382
2016-17	58 (70%)	$4,425	40 (48%)	$5,404	12 (14%)	$6,333
2017-18	41 (61%)	$5,857	31 (46%)	$5,165	9 (13%)	$5,325
2018-19	43 (72%)	$2,770	30 (50%)	$3,146	5 (8%)	$6,747
2019-20	33 (43%)	$2,776	18 (24%)	$3,040	6 (8%)	$6,282
2020-21	38 (78%)	$3,196	17 (35%)	$5,071	5 (10%)	$8,098
2021-22	51 (100%)	$3,239	13 (25%)	$4,870	5 (10%)	$6,359
Average	46 (74.89%)	$4,118	30 (48.44%)	$3,975	9 (14.67%)	$6,608

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

Overview

For the last 10 years, on average, 1 (100.00 % of students) received grants or scholarships and its average amount is $4,365. It can cover 43.43% of tuition & fees ($10,050).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	-	-	-	-
2014-15	-	-	-	-
2015-16	-	-	-	-
2016-17	1 (100%)	$4,365	-	-
2017-18	-	-	-	-
2018-19	-	-	-	-
2019-20	-	-	-	-
2020-21	-	-	-	-
2021-22	-	-	-	-
Average	1 (100.00%)	$4,365	-	-

^*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.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 1 (100.00 % of students) received Pell (federal) grants and its average amount is $4,365.

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	-	-	-	-	-	-	-	-
2014-15	-	-	-	-	-	-	-	-
2015-16	-	-	-	-	-	-	-	-
2016-17	1 (100%)	$4,365	-	-	-	-	-	-
2017-18	-	-	-	-	-	-	-	-
2018-19	-	-	-	-	-	-	-	-
2019-20	-	-	-	-	-	-	-	-
2020-21	-	-	-	-	-	-	-	-
2021-22	-	-	-	-	-	-	-	-
Average	1 (100.00%)	$4,365	-	-	-	-	-	-

^*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..

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