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Carolina College of Biblical Studies Paying for Your Degree

100% Freshmen Get Financial Aid
$4,510 Average Grant & Scholarship
66% Undergrads Get Grant Aid

A lot of students will not be asked to pay the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total cost of going to Carolina College of Biblical Studies can seem tremendous, but do not forget that almost all students are given some form of financial help.

What financial aid options can Carolina College of Biblical Studies offer you, and what will you qualify for? Keep reading for more information. Keep scrolling to discover how much school funding could be available to you.

Understanding Carolina College of Biblical Studies Financial Aid Information

How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at Carolina College of Biblical Studies.

Financial Aid for First-Year Students at Carolina College of Biblical Studies

Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. However, some types of aid are more desirable than others, and some students will receive more than others.

At Carolina College of Biblical Studies, 100% of first-time, full-time freshmen received some form of financial aid roughly 2 new students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)100%$2,526
Institutional grants & scholarships50%$2,106
Federal Pell grants50%$2,945
State/local grants0%
Federal student loans0%

Grant Aid for Undergraduates at Carolina College of Biblical Studies

The best aid is gift aid: grants and scholarships that carry no repayment obligation. At this school, roughly 66% of undergraduates were awarded an average grant or scholarship of $4,510 (for some 81 awardees).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)66%$4,510
Federal Pell grants53%$4,975
Federal student loans31%$8,938

Among title-IV aid recipients living on campus, grant and scholarship aid averaged $2,945.

What Families Pay by Income at Carolina College of Biblical Studies

Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.

Family IncomeAverage Net Price
$0 – $48,000$18,745

Each amount is the average cost remaining once grant aid is subtracted, by income band.

What a Degree Really Costs at Carolina College of Biblical Studies

The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.

CohortAverage Net Price
On-campus title-IV students$21,322
Off-campus title-IV students$18,745

For an estimate tailored to your family circumstances, see Carolina College of Biblical Studies’s online cost calculator: ccbs.edu/admissions-aid/tuition-fees/net-price-calculator/.

Median Student Debt for Graduates of Carolina College of Biblical Studies

Graduating students at Carolina College of Biblical Studies carry a median federal student debt of $17,500 of federal student loans.

MetricAmount
Median federal debt (all student-aid borrowers)$17,500
Median federal debt (graduates only)$25,750
Typical 10-year monthly payment (graduates)$272.99/mo

Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.

How Debt Is Distributed Across Students

The numbers below show the full range, not just the middle of the distribution. The four reference points below map the debt distribution at Carolina College of Biblical Studies.

PercentileCumulative Federal Debt
25th percentile$6,500
75th percentile$27,000

Debt by Student Cohort at Carolina College of Biblical Studies

Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.

Debt by Income Tier

Income tierMedian federal debt
Low income$14,500

Is the Debt Manageable?

These indicators are derived from the underlying debt data and summarize the overall picture at Carolina College of Biblical Studies.

Federal Loan Volume at Carolina College of Biblical Studies

The Stafford loan program is the largest source of federal direct loans to undergraduates. The totals below capture Stafford lending at Carolina College of Biblical Studies:

MetricValue
Stafford loan recipients280
Total Stafford loan amount$5,451,240

Veteran and Military Aid at Carolina College of Biblical Studies

GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.

Post-9/11 GI Bill recipients

MetricValue
GI Bill recipients26
Total GI Bill amount$103,526
Average GI Bill amount per recipient$3,982

DoD Tuition Assistance activity

MetricValue
DoD Tuition Assistance recipients2
Total DoD amount$5,969
Average DoD amount per recipient$2,985

References

More about our data sources and methodologies.

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