Scholarships, Grants, and Loan Trends at Heritage Bible

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 46, which is 86.56 % of all undergraduate students. 42 students which is 80.00% of undergraduate students received federal student loans and the average loan amount is $6,490.
For full-time, first-time beginning students (freshmen), 84.75% of students received grants or scholarships and 74% 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 Heritage Bible College since 2013.
For that period, the average number of students who received grants aid/scholarships is 46, which is 86.56 % of all undergraduate students. 42 students which is 80.00% of undergraduate students received federal student loans and the average loan amount is $6,490.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1466 (99%)$5,17961 (91%)$1,81961 (91%)$3,074
2014-1558 (85%)$2,12058 (85%)$1,92358 (85%)$3,457
2015-1664 (98%)$3,83661 (94%)$3,65948 (74%)$6,468
2016-1747 (82%)$3,62236 (63%)$4,10936 (63%)$7,111
2017-1840 (95%)$4,70729 (69%)$5,34930 (71%)$8,488
2018-1928 (88%)$3,43324 (75%)$3,63025 (78%)$8,261
2019-2049 (73%)$5,07445 (67%)$5,20255 (82%)$4,245
2020-2136 (84%)$4,15332 (74%)$4,31034 (79%)$8,531
2021-2224 (75%)$5,19924 (75%)$4,58331 (97%)$8,779
Average46 (86.56%)$4,14741 (77.00%)$3,84342 (80.00%)$6,490

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

For the last 10 years, on average, 5 (84.75 % of students) received grants or scholarships and its average amount is $4,319. It can cover 49.71% of tuition & fees ($8,688).
In addition, 4 (74.25 % of students) students get helped from the students loans (average amount : $4,619).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-148 (89%)$5,0116 (67%)$5,219
2014-153 (75%)$2,2073 (75%)$2,986
2015-163 (75%)$4,0653 (75%)$4,706
2016-17----
2017-185 (100%)$5,9924 (80%)$5,563
2018-19----
2019-20----
2020-21----
2021-22----
Average5 (84.75%)$4,3194 (74.25%)$4,619
*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, 5 (84.75 % of students) received Pell (federal) grants and its average amount is $3,961.
In addition, 2 students received State/local government grants/scholarships (50.00 % 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
2013-148 (89%)$4,911----4 (44%)$200
2014-153 (75%)$2,1071 (25%)$100--1 (25%)$200
2015-163 (75%)$3,232--2 (50%)$2002 (50%)$1,050
2016-17--------
2017-185 (100%)$5,5923 (60%)$233--4 (80%)$325
2018-19--------
2019-20--------
2020-21--------
2021-22--------
Average5 (84.75%)$3,9612 (42.50%)$1672 (50.00%)$2003 (49.75%)$444
*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, 4 (74.25 % of students) get any students loan help and its average loan amount is $4.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-146 (67%)$5,2196 (67%)$5,219--
2014-153 (75%)$2,9863 (75%)$2,986--
2015-163 (75%)$4,7063 (75%)$4,706--
2016-17------
2017-184 (80%)$5,5634 (80%)$5,563--
2018-19------
2019-20------
2020-21------
2021-22------
Average4 (74.25%)$4,6194 (74.25%)$4,619--
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