Scholarships, Grants, and Loan Trends at Southeastern Free Will Baptist Bible

Over the past 5 years (2018-2022), the average number of students who received grants aid/scholarships is 57, which is 91.00 % of all undergraduate students. 26 students which is 41.25% of undergraduate students received federal student loans and the average loan amount is $4,034.

For full-time, first-time beginning students (freshmen), 97.00% of students received grants or scholarships and 33% of students received student loans.

School Home 2023 Financial Aid

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Southeastern Free Will Baptist Bible College since 2018.

For that period, the average number of students who received grants aid/scholarships is 57, which is 91.00 % of all undergraduate students. 26 students which is 41.25% of undergraduate students received federal student loans and the average loan amount is $4,034.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2018-19	59 (84%)	$4,512	38 (54%)	$2,205	20 (29%)	$1,751
2019-20	55 (93%)	$5,863	34 (58%)	$4,411	34 (58%)	$4,994
2020-21	57 (92%)	$7,178	27 (44%)	$4,758	29 (47%)	$3,972
2021-22	58 (95%)	$6,070	22 (36%)	$5,073	19 (31%)	$5,420
Average	57 (91.00%)	$5,906	30 (48.00%)	$4,112	26 (41.25%)	$4,034

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

Overview

For the last 5 years, on average, 15 (97.00 % of students) received grants or scholarships and its average amount is $4,155. It can cover 36.93% of tuition & fees ($11,250).

In addition, 5 (32.75 % of students) students get helped from the students loans (average amount : $3,364).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2018-19	15 (100%)	$2,969	1 (7%)	$1,682
2019-20	14 (100%)	$2,180	10 (71%)	$2,622
2020-21	14 (88%)	$5,340	5 (31%)	$4,841
2021-22	18 (100%)	$6,129	4 (22%)	$4,311
Average	15 (97.00%)	$4,155	5 (32.75%)	$3,364

^*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.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 5 years, on average, 7 (46.25 % of students) received Pell (federal) grants and its average amount is $3,321.

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2018-19	8 (53%)	$1,911	3 (20%)	$1,468	-	-	15 (100%)	$1,657
2019-20	7 (50%)	$2,470	-	-	-	-	12 (86%)	$1,102
2020-21	6 (38%)	$3,478	-	-	-	-	14 (88%)	$3,849
2021-22	8 (44%)	$5,423	-	-	-	-	17 (94%)	$3,937
Average	7 (46.25%)	$3,321	3 (20.00%)	$1,468	-	-	15 (92.00%)	$2,636

^*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..

Student Loans

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 5 years, on average, 5 (32.75 % of students) get any students loan help and its average loan amount is $5.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2018-19	1 (7%)	$1,682	1 (7%)	$1,682	-	-
2019-20	10 (71%)	$2,622	10 (71%)	$2,622	-	-
2020-21	5 (31%)	$4,841	5 (31%)	$4,841	-	-
2021-22	4 (22%)	$4,311	4 (22%)	$3,675	1 (6%)	$2,543
Average	5 (32.75%)	$3,364	5 (32.75%)	$3,205	1 (6.00%)	$2,543

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