Scholarships, Grants, and Loan Trends at KMBC

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 74, which is 93.67 % of all undergraduate students. 34 students which is 42.78% of undergraduate students received federal student loans and the average loan amount is $4,722.
For full-time, first-time beginning students (freshmen), 98.67% of students received grants or scholarships and 59% 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 Kentucky Mountain Bible College since 2013.
For that period, the average number of students who received grants aid/scholarships is 74, which is 93.67 % of all undergraduate students. 34 students which is 42.78% of undergraduate students received federal student loans and the average loan amount is $4,722.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1476 (96%)$5,75656 (71%)$4,33334 (43%)$4,241
2014-1573 (87%)$7,17143 (51%)$4,09228 (33%)$4,721
2015-1666 (97%)$6,74745 (66%)$4,48735 (51%)$4,430
2016-1775 (88%)$5,60356 (66%)$3,86338 (45%)$4,528
2017-1872 (87%)$5,71254 (65%)$4,44741 (49%)$3,992
2018-1966 (93%)$6,26637 (52%)$4,51331 (44%)$5,036
2019-2072 (100%)$5,58940 (56%)$4,38530 (42%)$4,998
2020-2187 (100%)$5,85049 (56%)$4,33740 (46%)$5,138
2021-2277 (95%)$8,09347 (58%)$4,51926 (32%)$5,418
Average74 (93.67%)$6,31047 (60.11%)$4,33134 (42.78%)$4,722

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

For the last 10 years, on average, 14 (98.67 % of students) received grants or scholarships and its average amount is $5,184. It can cover 51.53% of tuition & fees ($10,060).
In addition, 8 (58.67 % of students) students get helped from the students loans (average amount : $4,510).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1418 (95%)$4,99112 (63%)$4,606
2014-1513 (100%)$4,0447 (54%)$5,214
2015-1615 (100%)$5,2699 (60%)$4,157
2016-1718 (100%)$4,86013 (72%)$4,372
2017-1814 (93%)$5,30012 (80%)$3,584
2018-1912 (100%)$5,3309 (75%)$7,562
2019-2014 (100%)$7,2986 (43%)$5,130
2020-218 (100%)$3,2185 (63%)$3,612
2021-2211 (100%)$6,3492 (18%)$2,351
Average14 (98.67%)$5,1848 (58.67%)$4,510
*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, 9 (65.11 % of students) received Pell (federal) grants and its average amount is $4,309.
In addition, 1 students received State/local government grants/scholarships (7.00 % 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
2013-1411 (58%)$4,4686 (32%)$200--16 (84%)$2,468
2014-157 (54%)$3,2872 (15%)$200--13 (100%)$2,243
2015-169 (60%)$4,8245 (33%)$2001 (7%)$7,36615 (100%)$1,817
2016-1712 (67%)$4,2877 (39%)$186--16 (89%)$2,170
2017-1812 (80%)$4,8206 (40%)$183--13 (87%)$1,174
2018-198 (67%)$4,4967 (58%)$157--12 (100%)$2,241
2019-2012 (86%)$5,00812 (86%)$167--14 (100%)$2,863
2020-214 (50%)$3,4012 (25%)$100--8 (100%)$1,493
2021-227 (64%)$4,1894 (36%)$150--10 (91%)$3,991
Average9 (65.11%)$4,3096 (40.44%)$1711 (7.00%)$7,36613 (94.56%)$2,273
*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, 8 (58.67 % of students) get any students loan help and its average loan amount is $8.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1412 (63%)$4,60612 (63%)$4,606--
2014-157 (54%)$5,2147 (54%)$5,214--
2015-169 (60%)$4,1579 (60%)$4,157--
2016-1713 (72%)$4,37212 (67%)$4,5481 (6%)$2,259
2017-1812 (80%)$3,58412 (80%)$3,584--
2018-199 (75%)$7,5629 (75%)$5,2793 (25%)$6,850
2019-206 (43%)$5,1306 (43%)$5,130--
2020-215 (63%)$3,6125 (63%)$2,7221 (13%)$4,450
2021-222 (18%)$2,3512 (18%)$2,351--
Average8 (58.67%)$4,5108 (58.11%)$4,1772 (14.67%)$4,520
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