Scholarships, Grants, and Loan Trends at FBBC

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 265, which is 90.56 % of all undergraduate students. 95 students which is 34.33% of undergraduate students received federal student loans and the average loan amount is $5,079.
For full-time, first-time beginning students (freshmen), 98.33% of students received grants or scholarships and 41% 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 Faith Baptist Bible College and Theological Seminary since 2013.
For that period, the average number of students who received grants aid/scholarships is 265, which is 90.56 % of all undergraduate students. 95 students which is 34.33% of undergraduate students received federal student loans and the average loan amount is $5,079.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14214 (93%)$9,733123 (54%)$3,769109 (48%)$5,673
2014-15226 (90%)$11,023114 (46%)$3,89592 (37%)$5,290
2015-16222 (97%)$11,717104 (45%)$4,23696 (42%)$5,393
2016-17226 (100%)$11,976117 (52%)$4,19893 (41%)$5,159
2017-18263 (89%)$12,103140 (47%)$4,125113 (38%)$5,400
2018-19260 (89%)$14,838137 (47%)$4,24996 (33%)$5,289
2019-20275 (86%)$12,639136 (43%)$4,32895 (30%)$5,200
2020-21390 (90%)$9,119137 (32%)$4,45890 (21%)$5,369
2021-22311 (81%)$13,012143 (37%)$4,18172 (19%)$2,936
Average265 (90.56%)$11,796128 (44.78%)$4,16095 (34.33%)$5,079

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

For the last 10 years, on average, 77 (98.33 % of students) received grants or scholarships and its average amount is $12,566. It can cover 64.34% of tuition & fees ($19,530).
In addition, 32 (40.67 % of students) students get helped from the students loans (average amount : $5,206).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1458 (97%)$11,12829 (48%)$4,759
2014-1587 (100%)$13,04335 (40%)$4,504
2015-1677 (99%)$11,71642 (54%)$5,179
2016-1761 (100%)$12,58928 (46%)$4,959
2017-1888 (93%)$12,75739 (41%)$5,193
2018-1977 (100%)$12,61129 (38%)$7,060
2019-2080 (98%)$11,94934 (41%)$4,418
2020-2188 (100%)$12,58526 (30%)$5,624
2021-2278 (98%)$14,71722 (28%)$5,158
Average77 (98.33%)$12,56632 (40.67%)$5,206
*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, 40 (50.89 % of students) received Pell (federal) grants and its average amount is $4,350.
In addition, 24 students received State/local government grants/scholarships (30.22 % 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%)$4,000--18 (30%)$4,00558 (97%)$7,609
2014-1539 (45%)$4,206--29 (33%)$4,35587 (100%)$9,706
2015-1638 (49%)$4,080--28 (36%)$5,40177 (99%)$7,738
2016-1733 (54%)$4,154--18 (30%)$5,21361 (100%)$8,804
2017-1846 (48%)$4,252--22 (23%)$5,94788 (93%)$9,048
2018-1939 (51%)$4,479--27 (35%)$5,63977 (100%)$8,365
2019-2045 (55%)$4,38266 (80%)$71522 (27%)$5,82280 (98%)$7,293
2020-2145 (51%)$5,10040 (45%)$1,23124 (27%)$6,34888 (100%)$7,687
2021-2240 (50%)$4,49770 (88%)$1,83825 (31%)$6,66477 (96%)$8,738
Average40 (50.89%)$4,35059 (71.00%)$1,26124 (30.22%)$5,48877 (98.11%)$8,332
*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, 32 (40.67 % of students) get any students loan help and its average loan amount is $32.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1429 (48%)$4,75929 (48%)$4,3802 (3%)$5,500
2014-1535 (40%)$4,50434 (39%)$4,2093 (3%)$4,847
2015-1642 (54%)$5,17942 (54%)$4,7033 (4%)$6,667
2016-1728 (46%)$4,95928 (46%)$4,959--
2017-1839 (41%)$5,19339 (41%)$5,0141 (1%)$7,000
2018-1929 (38%)$7,06028 (36%)$5,3836 (8%)$9,003
2019-2034 (41%)$4,41834 (41%)$4,2042 (2%)$3,630
2020-2126 (30%)$5,62425 (28%)$4,9902 (2%)$10,740
2021-2222 (28%)$5,15821 (26%)$4,8761 (1%)$11,072
Average32 (40.67%)$5,20631 (39.89%)$4,7463 (3.00%)$7,307
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