by our College Data Analytics TeamA large number 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 price tag of going to Emmaus Bible College can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
What financial aid options can Emmaus Bible College offer, and what will you qualify for? Keep reading for more information. Keep going to learn what amount of financial assistance will be accessible to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Read on to get a sense of the financial assistance available at Emmaus Bible College.
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.
For incoming first-year students at Emmaus Bible College, 100% of first-year full-time students received aid of some kind (about 52 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $16,106 |
| Institutional grants & scholarships | 100% | $10,568 |
| Federal Pell grants | 54% | $5,458 |
| State/local grants | 35% | $7,292 |
| Federal student loans | 37% | $4,647 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Emmaus Bible College, approximately 87% of undergrads got grants or scholarships worth on average $16,483 (across approximately 172 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 87% | $16,483 |
| Federal Pell grants | 43% | $6,035 |
| Federal student loans | 27% | $7,609 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $17,785.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $9,886 |
| $30,001 – $75,000 | $11,332 |
| Over $75,000 | $17,086 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $13,186 |
| Off-campus title-IV students | $12,904 |
For an estimate tailored to your family circumstances, see Emmaus Bible College’s online cost calculator: www.emmaus.edu/npc/npcalc.htm.
The median federal debt load at Emmaus Bible College comes to $9,350 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,350 |
| Median federal debt (graduates only) | $15,750 |
| Typical 10-year monthly payment (graduates) | $166.98/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
A single median figure conceals how much debt outcomes differ student to student. The four reference points below map the debt distribution at Emmaus Bible College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $5,500 |
| 75th percentile | $17,750 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Middle income | $11,513 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,000 |
| Continuing-generation students | $9,250 |
The figure below distills the debt data into a single burden category for Emmaus Bible College.
Stafford loans make up the bulk of federal direct lending to undergraduates. The totals below capture Stafford lending at Emmaus Bible College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 562 |
| Total Stafford loan amount | $7,335,534 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.