Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 375, which is 80.78 % of all undergraduate students. 344 students which is 74.22% of undergraduate students received federal student loans and the average loan amount is $7,616.

For full-time, first-time beginning students (freshmen), 86.44% of students received grants or scholarships and 72% 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 SUM Bible College and Theological Seminary since 2013.

For that period, the average number of students who received grants aid/scholarships is 375, which is 80.78 % of all undergraduate students. 344 students which is 74.22% of undergraduate students received federal student loans and the average loan amount is $7,616.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14320 (92%)$5,741247 (71%)$4,244314 (90%)$7,194
2014-15362 (78%)$5,982262 (57%)$5,126338 (73%)$8,523
2015-16522 (100%)$4,532293 (56%)$4,587387 (74%)$7,717
2016-17406 (73%)$5,239406 (73%)$4,038430 (77%)$7,691
2017-18463 (90%)$5,683361 (71%)$4,132442 (86%)$6,395
2018-19384 (86%)$5,757258 (58%)$5,106325 (73%)$7,779
2019-20403 (88%)$6,377359 (78%)$4,127335 (73%)$7,264
2020-21267 (63%)$4,808243 (58%)$4,671274 (65%)$6,828
2021-22244 (57%)$5,483221 (51%)$5,306247 (57%)$9,155
Average375 (80.78%)$5,511294 (63.67%)$4,593344 (74.22%)$7,616
*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, 66 (86.44 % of students) received grants or scholarships and its average amount is $5,822. It can cover 55.66% of tuition & fees ($10,460).

In addition, 56 (72.33 % of students) students get helped from the students loans (average amount : $5,735).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1464 (100%)$5,20457 (89%)$5,796
2014-1583 (64%)$5,03081 (62%)$4,829
2015-1696 (100%)$4,61074 (77%)$5,510
2016-1775 (94%)$6,04463 (79%)$7,641
2017-1882 (91%)$5,55475 (83%)$5,736
2018-1960 (76%)$6,37254 (68%)$6,844
2019-2066 (94%)$9,05450 (71%)$2,533
2020-2136 (97%)$4,44727 (73%)$4,974
2021-2228 (62%)$6,08322 (49%)$7,749
Average66 (86.44%)$5,82256 (72.33%)$5,735
*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, 50 (66.89 % of students) received Pell (federal) grants and its average amount is $4,836.

In addition, 66 students received State/local government grants/scholarships (94.00 % 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
2013-1447 (73%)$4,5476 (9%)$250--64 (100%)$1,841
2014-1563 (48%)$4,5334 (3%)$375--83 (64%)$1,571
2015-1665 (68%)$4,4545 (5%)$375--95 (99%)$1,591
2016-1775 (94%)$3,57714 (18%)$282--72 (90%)$2,515
2017-1858 (64%)$5,1755 (6%)$520--81 (90%)$1,885
2018-1942 (53%)$5,6449 (11%)$511--60 (76%)$2,345
2019-2052 (74%)$4,91514 (20%)$34666 (94%)$2,95566 (94%)$2,154
2020-2131 (84%)$4,8514 (11%)$700--22 (59%)$314
2021-2220 (44%)$5,8324 (9%)$2,113--16 (36%)$2,827
Average50 (66.89%)$4,8367 (10.22%)$60866 (94.00%)$2,95562 (78.67%)$1,894
*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, 56 (72.33 % of students) get any students loan help and its average loan amount is $56.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1457 (89%)$5,79657 (89%)$5,796--
2014-1581 (62%)$4,82981 (62%)$4,829--
2015-1674 (77%)$5,51074 (77%)$5,510--
2016-1763 (79%)$7,64163 (79%)$7,641--
2017-1875 (83%)$5,73675 (83%)$5,736--
2018-1954 (68%)$6,84454 (68%)$6,844--
2019-2050 (71%)$2,53350 (71%)$2,533--
2020-2127 (73%)$4,97427 (73%)$4,974--
2021-2222 (49%)$7,74922 (49%)$7,749--
Average56 (72.33%)$5,73556 (72.33%)$5,735--

Ratings & Review

Share your experiences and thoughts about SUM Bible College and Theological Seminary. It will be a great help to applicants and prospective students!