Scholarships, Grants, and Loan Trends at Carver Bible

Over the past 5 years (2013-2017), the average number of students who received grants aid/scholarships is 96, which is 69.75 % of all undergraduate students. 58 students which is 52.00% of undergraduate students received federal student loans and the average loan amount is $5,618.
For full-time, first-time beginning students (freshmen), 88.50% of students received grants or scholarships and 33% 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 Carver Bible College since 2013.
For that period, the average number of students who received grants aid/scholarships is 96, which is 69.75 % of all undergraduate students. 58 students which is 52.00% of undergraduate students received federal student loans and the average loan amount is $5,618.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14244 (89%)$8,042191 (70%)$4,09083 (30%)$3,509
2014-1579 (82%)$6,28354 (56%)$3,51257 (59%)$7,481
2015-1620 (29%)$6,3217 (10%)$1,589--
2016-1741 (79%)$4,79941 (79%)$3,55535 (67%)$5,863
Average96 (69.75%)$6,36173 (53.75%)$3,18758 (52.00%)$5,618

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

For the last 5 years, on average, 25 (88.50 % of students) received grants or scholarships and its average amount is $9,362. It can cover 71.47% of tuition & fees ($13,100).
In addition, 14 (33.00 % of students) students get helped from the students loans (average amount : $6,239).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1460 (100%)$8,90230 (50%)$2,560
2014-1524 (71%)$7,28711 (32%)$6,658
2015-1610 (83%)$9,852--
2016-176 (100%)$11,4081 (17%)$9,500
Average25 (88.50%)$9,36214 (33.00%)$6,239
*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 5 years, on average, 18 (58.25 % of students) received Pell (federal) grants and its average amount is $3,417.
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
2013-1454 (90%)$4,13124 (40%)$238--60 (100%)$5,089
2014-1512 (35%)$3,7424 (12%)$9,816--10 (29%)$9,073
2015-161 (8%)$2,888----10 (83%)$9,563
2016-176 (100%)$2,908----6 (100%)$8,500
Average18 (58.25%)$3,41714 (26.00%)$5,027--22 (78.00%)$8,056
*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 5 years, on average, 14 (33.00 % 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
2013-1430 (50%)$2,56030 (50%)$2,560--
2014-1511 (32%)$6,65811 (32%)$6,658--
2015-16------
2016-171 (17%)$9,5001 (17%)$9,500--
Average14 (33.00%)$6,23914 (33.00%)$6,239--
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