How Carolina College of Biblical Studies's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Carolina College of Biblical Studies since 2013.

For that period, the average number of students who received grants aid/scholarships is 112, which is 71.89 % of all undergraduate students. 64 students which is 40.56% of undergraduate students received federal student loans and the average loan amount is $8,419.

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	66 (58%)	$8,668	61 (54%)	$4,063	34 (30%)	$9,535
2014-15	63 (57%)	$8,289	59 (53%)	$4,204	27 (24%)	$10,154
2015-16	122 (76%)	$3,966	102 (64%)	$3,686	61 (38%)	$5,665
2016-17	115 (71%)	$2,650	90 (56%)	$2,460	68 (42%)	$6,298
2017-18	165 (85%)	$4,628	106 (55%)	$3,797	108 (56%)	$7,259
2018-19	159 (87%)	$4,614	115 (63%)	$4,080	108 (59%)	$8,563
2019-20	115 (69%)	$5,858	89 (54%)	$6,104	81 (49%)	$9,943
2020-21	95 (64%)	$3,610	80 (54%)	$3,936	46 (31%)	$10,579
2021-22	106 (80%)	$4,025	70 (53%)	$4,258	47 (36%)	$7,779
Average	112 (71.89%)	$5,145	86 (56.22%)	$4,065	64 (40.56%)	$8,419

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

Overview

For the last 10 years, on average, 4 (70.11 % of students) received grants or scholarships and its average amount is $4,329. It can cover 68.97% of tuition & fees ($6,276).

In addition, 4 (50.00 % of students) students get helped from the students loans (average amount : $7,038).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	5 (83%)	$4,987	3 (50%)	$8,687
2014-15	3 (100%)	$2,668	1 (33%)	$9,401
2015-16	5 (50%)	$4,194	5 (50%)	$9,598
2016-17	1 (13%)	$5,815	1 (13%)	$4,500
2017-18	6 (67%)	$3,098	6 (67%)	$7,937
2018-19	7 (58%)	$6,148	8 (67%)	$5,423
2019-20	6 (60%)	$3,415	7 (70%)	$8,431
2020-21	2 (100%)	$2,139	1 (50%)	$2,326
2021-22	1 (100%)	$6,495	-	-
Average	4 (70.11%)	$4,329	4 (50.00%)	$7,038

^*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, 4 (68.11 % of students) received Pell (federal) grants and its average amount is $4,231.

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	5 (83%)	$4,987	-	-	-	-	-	-
2014-15	3 (100%)	$2,668	-	-	-	-	-	-
2015-16	5 (50%)	$4,194	-	-	-	-	-	-
2016-17	1 (13%)	$5,815	-	-	-	-	-	-
2017-18	6 (67%)	$3,098	-	-	-	-	-	-
2018-19	6 (50%)	$4,945	1 (8%)	$4,864	-	-	6 (50%)	$1,417
2019-20	5 (50%)	$3,735	-	-	-	-	3 (30%)	$605
2020-21	2 (100%)	$2,139	-	-	-	-	-	-
2021-22	1 (100%)	$6,495	-	-	-	-	-	-
Average	4 (68.11%)	$4,231	1 (8.00%)	$4,864	-	-	5 (40.00%)	$1,011

^*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..

Student Loans

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, 4 (50.00 % of students) get any students loan help and its average loan amount is $4.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	3 (50%)	$8,687	3 (50%)	$8,687	-	-
2014-15	1 (33%)	$9,401	1 (33%)	$9,401	-	-
2015-16	5 (50%)	$9,598	5 (50%)	$9,598	-	-
2016-17	1 (13%)	$4,500	1 (13%)	$4,500	-	-
2017-18	6 (67%)	$7,937	6 (67%)	$7,937	-	-
2018-19	8 (67%)	$5,423	8 (67%)	$5,423	-	-
2019-20	7 (70%)	$8,431	7 (70%)	$8,431	-	-
2020-21	1 (50%)	$2,326	1 (50%)	$2,326	-	-
2021-22	-	-	-	-	-	-
Average	4 (50.00%)	$7,038	4 (50.00%)	$7,038	-	-

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Scholarships, Grants, and Loan Trends at Carolina College of Biblical Studies

All Undergraduate Students Financial Aid Over Time

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