by our College Data Analytics TeamMany students will never be charged the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to Bob Jones University can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
What financial assistance options will Bob Jones University offer, and what will you qualify for? Read on for more information. Read on to discover how much school funding could be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Use the information below to understand how much financial assistance you may get from Bob Jones University.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Among first-time, full-time freshmen at Bob Jones University, 93% of entering full-time freshmen got some type of financial assistance approximately 502 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 93% | $17,161 |
| Institutional grants & scholarships | 92% | $12,497 |
| Federal Pell grants | 35% | $5,259 |
| State/local grants | 31% | $7,843 |
| Federal student loans | 20% | $4,995 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Bob Jones University, roughly 84% of the undergraduate population received grant aid that averaged $16,021 (across approximately 2078 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 84% | $16,021 |
| Federal Pell grants | 33% | $5,024 |
| Federal student loans | 24% | $5,794 |
On-campus students receiving title-IV aid were awarded grants averaging $19,939.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $14,602 |
| $30,001 – $75,000 | $16,267 |
| Over $75,000 | $21,632 |
Remember these are net prices — what families pay after gift aid, not before.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $16,641 |
| Off-campus title-IV students | $17,529 |
For an estimate tailored to your family circumstances, see Bob Jones University’s net price calculator: www.bju.edu/admission/tuition-aid/net-price-calculator.php.
The middle student in the debt distribution at Bob Jones University owes $12,453 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $12,453 |
| Median federal debt (graduates only) | $16,585 |
| Typical 10-year monthly payment (graduates) | $175.83/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The numbers below show the full range, not just the middle of the distribution. The figures below chart the debt distribution at Bob Jones University.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $5,500 |
| 75th percentile | $22,650 |
| 90th percentile (highest-debt students) | $27,000 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $12,500 |
| Middle income | $12,919 |
| High income | $12,000 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,919 |
| Continuing-generation students | $12,000 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,725 |
| Independent students | $5,516 |
A handful of calculated indicators summarize the debt outlook at Bob Jones University.
Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at Bob Jones University:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4080 |
| Total Stafford loan amount | $54,622,271 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 28 |
| Total GI Bill amount | $423,833 |
| Average GI Bill amount per recipient | $15,137 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 2 |
| Total DoD amount | $5,250 |
| Average DoD amount per recipient | $2,625 |
References
More about our data sources and methodologies.