Scholarships, Grants, and Loan Trends at Nazarene Bible

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 350, which is 47.67 % of all undergraduate students. 246 students which is 32.44% of undergraduate students received federal student loans and the average loan amount is $6,493.
For full-time, first-time beginning students (freshmen), 64.00% of students received grants or scholarships and 76% 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 Nazarene Bible College since 2013.
For that period, the average number of students who received grants aid/scholarships is 350, which is 47.67 % of all undergraduate students. 246 students which is 32.44% of undergraduate students received federal student loans and the average loan amount is $6,493.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14520 (58%)$2,288379 (43%)$2,797428 (48%)$5,462
2014-15375 (49%)$2,992337 (44%)$3,051382 (50%)$5,865
2015-16256 (33%)$3,568237 (30%)$3,467254 (32%)$8,561
2016-17329 (43%)$2,915296 (38%)$2,934370 (48%)$6,667
2017-18383 (52%)$3,537166 (22%)$3,295205 (28%)$7,710
2018-19420 (57%)$3,016153 (21%)$3,706179 (24%)$6,796
2019-20388 (56%)$2,060132 (19%)$3,429156 (22%)$5,713
2020-21228 (38%)$3,105103 (17%)$3,795135 (22%)$5,773
2021-22255 (43%)$2,93993 (16%)$3,899105 (18%)$5,889
Average350 (47.67%)$2,936211 (27.78%)$3,375246 (32.44%)$6,493

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

For the last 10 years, on average, 6 (64.00 % of students) received grants or scholarships and its average amount is $4,672. It can cover 46.71% of tuition & fees ($10,002).
In addition, 6 (75.67 % of students) students get helped from the students loans (average amount : $6,749).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-149 (64%)$3,71410 (71%)$4,293
2014-157 (78%)$4,4875 (56%)$5,370
2015-16----
2016-171 (50%)$5,8152 (100%)$10,585
2017-18----
2018-19----
2019-20----
2020-21----
2021-22----
Average6 (64.00%)$4,6726 (75.67%)$6,749
*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, 6 (64.00 % of students) received Pell (federal) grants and its average amount is $4,635.
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
2013-149 (64%)$3,6472 (14%)$300----
2014-157 (78%)$4,4441 (11%)$300----
2015-16--------
2016-171 (50%)$5,815------
2017-18--------
2018-19--------
2019-20--------
2020-21--------
2021-22--------
Average6 (64.00%)$4,6352 (12.50%)$300----
*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, 6 (75.67 % of students) get any students loan help and its average loan amount is $6.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1410 (71%)$4,29310 (71%)$4,293--
2014-155 (56%)$5,3705 (56%)$5,370--
2015-16------
2016-172 (100%)$10,5852 (100%)$10,585--
2017-18------
2018-19------
2019-20------
2020-21------
2021-22------
Average6 (75.67%)$6,7496 (75.67%)$6,749--
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