Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,306, which is 83.33 % of all undergraduate students. 973 students which is 62.56% of undergraduate students received federal student loans and the average loan amount is $6,775.

For full-time, first-time beginning students (freshmen), 97.67% of students received grants or scholarships and 73% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Lancaster Bible College since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,306, which is 83.33 % of all undergraduate students. 973 students which is 62.56% of undergraduate students received federal student loans and the average loan amount is $6,775.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14983 (75%)$7,507523 (40%)$3,633863 (66%)$6,846
2014-151,264 (90%)$6,552713 (51%)$3,4501,083 (77%)$6,155
2015-161,247 (84%)$7,683752 (51%)$3,384964 (65%)$7,207
2016-171,260 (83%)$7,914628 (41%)$3,782980 (65%)$7,155
2017-181,362 (76%)$8,293632 (35%)$4,0091,019 (57%)$7,317
2018-191,435 (85%)$8,850655 (39%)$4,0031,050 (62%)$6,994
2019-201,574 (90%)$8,663665 (38%)$3,4661,084 (62%)$6,474
2020-211,260 (78%)$11,577526 (33%)$3,893900 (56%)$6,575
2021-221,368 (89%)$10,729502 (32%)$4,029812 (53%)$6,254
Average1,306 (83.33%)$8,641622 (40.00%)$3,739973 (62.56%)$6,775
*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.

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

For the last 10 years, on average, 163 (97.67 % of students) received grants or scholarships and its average amount is $12,646. It can cover 42.17% of tuition & fees ($29,990).

In addition, 122 (72.89 % of students) students get helped from the students loans (average amount : $8,031).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14132 (99%)$9,32292 (69%)$9,109
2014-15188 (89%)$8,756138 (65%)$8,128
2015-16178 (96%)$10,318131 (71%)$7,887
2016-17163 (100%)$10,823129 (79%)$8,395
2017-18151 (98%)$12,323109 (71%)$8,091
2018-19185 (98%)$13,294144 (76%)$7,653
2019-20164 (99%)$15,936118 (71%)$8,538
2020-21159 (100%)$15,192113 (71%)$7,932
2021-22146 (100%)$17,852121 (83%)$6,544
Average163 (97.67%)$12,646122 (72.89%)$8,031
*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, 59 (35.44 % of students) received Pell (federal) grants and its average amount is $4,142.

In addition, 63 students received State/local government grants/scholarships (37.78 % 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
2013-1455 (41%)$4,16317 (13%)$48560 (45%)$3,319129 (96%)$6,156
2014-1571 (34%)$3,67328 (13%)$53663 (30%)$3,061186 (88%)$6,330
2015-1668 (37%)$3,76926 (14%)$55070 (38%)$3,560172 (93%)$7,656
2016-1762 (38%)$3,75524 (15%)$93867 (41%)$3,777163 (100%)$7,704
2017-1859 (38%)$3,87720 (13%)$92551 (33%)$3,800149 (97%)$9,528
2018-1966 (35%)$4,44223 (12%)$1,00071 (38%)$3,303179 (95%)$10,664
2019-2057 (34%)$4,184114 (69%)$91070 (42%)$3,578164 (99%)$12,321
2020-2148 (30%)$4,66290 (57%)$1,02060 (38%)$3,544159 (100%)$11,870
2021-2247 (32%)$4,756146 (100%)$1,75351 (35%)$4,302145 (99%)$13,156
Average59 (35.44%)$4,14254 (34.00%)$90263 (37.78%)$3,583161 (96.33%)$9,487
*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, 122 (72.89 % of students) get any students loan help and its average loan amount is $122.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1492 (69%)$9,10989 (66%)$5,64629 (22%)$11,570
2014-15138 (65%)$8,128138 (65%)$5,30247 (22%)$8,298
2015-16131 (71%)$7,887129 (70%)$5,25438 (21%)$9,354
2016-17129 (79%)$8,395129 (79%)$5,45131 (19%)$12,250
2017-18109 (71%)$8,091109 (71%)$5,33727 (18%)$11,115
2018-19144 (76%)$7,653143 (76%)$5,28533 (17%)$10,495
2019-20118 (71%)$8,538115 (69%)$5,41635 (21%)$10,987
2020-21113 (71%)$7,932112 (70%)$5,17229 (18%)$10,932
2021-22121 (83%)$6,544100 (68%)$5,36421 (14%)$12,165
Average122 (72.89%)$8,031118 (70.44%)$5,35932 (19.11%)$10,796

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