Scholarships, Grants, and Loan Trends at C of Biblical Studies

Over the past 6 years (2013-2018), the average number of students who received grants aid/scholarships is 170, which is 78.20 % of all undergraduate students. 158 students which is 71.60% of undergraduate students received federal student loans and the average loan amount is $8,392.
For full-time, first-time beginning students (freshmen), 96.00% of students received grants or scholarships and 55% 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 College of Biblical Studies since 2013.
For that period, the average number of students who received grants aid/scholarships is 170, which is 78.20 % of all undergraduate students. 158 students which is 71.60% of undergraduate students received federal student loans and the average loan amount is $8,392.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14190 (74%)$13,242166 (65%)$3,664181 (70%)$8,809
2014-15192 (80%)$5,949169 (70%)$3,599178 (74%)$8,539
2015-16171 (71%)$7,410161 (67%)$3,972166 (69%)$8,888
2016-17144 (74%)$7,420137 (70%)$3,556141 (72%)$8,167
2017-18154 (92%)$6,629134 (80%)$3,647123 (73%)$7,555
Average170 (78.20%)$8,130153 (70.40%)$3,688158 (71.60%)$8,392

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

For the last 6 years, on average, 11 (96.00 % of students) received grants or scholarships and its average amount is $7,325. It can cover 59.07% of tuition & fees ($12,400).
In addition, 7 (55.40 % of students) students get helped from the students loans (average amount : $6,328).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1418 (100%)$4,60112 (67%)$6,646
2014-1511 (100%)$5,1439 (82%)$6,240
2015-169 (90%)$9,6943 (30%)$5,855
2016-179 (90%)$7,1866 (60%)$7,292
2017-188 (100%)$10,0003 (38%)$5,607
Average11 (96.00%)$7,3257 (55.40%)$6,328
*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 6 years, on average, 10 (88.40 % of students) received Pell (federal) grants and its average amount is $4,256.
In addition, 5 students received State/local government grants/scholarships (47.40 % 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
2013-1413 (72%)$3,87613 (72%)$1547 (39%)$2,9201 (6%)$9,980
2014-1511 (100%)$3,7335 (45%)$1405 (45%)$2,961--
2015-169 (90%)$4,0327 (70%)$1576 (60%)$7,1833 (30%)$2,254
2016-178 (80%)$4,8767 (70%)$1713 (30%)$6,8732 (20%)$1,925
2017-188 (100%)$4,7646 (75%)$1835 (63%)$7,4321 (13%)$3,625
Average10 (88.40%)$4,2568 (66.40%)$1615 (47.40%)$5,4742 (17.25%)$4,446
*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 6 years, on average, 7 (55.40 % of students) get any students loan help and its average loan amount is $7.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1412 (67%)$6,64612 (67%)$6,646--
2014-159 (82%)$6,2409 (82%)$6,240--
2015-163 (30%)$5,8553 (30%)$5,855--
2016-176 (60%)$7,2926 (60%)$7,292--
2017-183 (38%)$5,6073 (38%)$5,607--
Average7 (55.40%)$6,3287 (55.40%)$6,328--
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