by our College Data Analytics TeamMany students attending Faith Baptist Bible College and Theological Seminary can expect to receive financial assistance in various forms, such as scholarships, grants, loans, and work-study programs, making the cost of attendance more manageable.
The amount of financial assistance and scholarships or grants you can get varies based on your circumstances. Keep reading to learn more to help you to know just how much aid and scholarships to expect from FBBC&TS.
$11,359.00 is the typical Faith Baptist Bible College and Theological Seminary’s first year financial aid package. Approximately 98% of incoming freshmen obtain financial assistance, with the majority being offered as grants and scholarships.
Loans are included in the umbrella of ‘financial aid’, even so, the only true discount from the cost of college is a grant or scholarship that you don’t have to pay back.
Concerned about the loans that may be included in your financial aid package? See the average amount of debt per student at Faith Baptist Bible College and Theological Seminary.
Financial awards given by a college or university to its students, known as institutional scholarships and grants, help to offset the cost of tuition and other education-related expenses. These awards fall into two categories: merit-based and need-based, and they do not need to be paid back. Merit-based institutional scholarships are granted to students who have shown outstanding academic accomplishments, special talents, or abilities in a particular field. Factors such as high school performance, standardized test results, or involvement in extracurricular activities often contribute to these scholarship decisions. Conversely, need-based institutional grants cater to students who demonstrate financial need. The awarded amount is typically based on the student’s family’s financial standing and is intended to cover the difference between the cost of attendance and the family’s ability to contribute. Colleges and universities might use data from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms to determine a student’s eligibility for need-based grants. Institutional scholarships and grants are a vital source of financial support for students, as they can significantly reduce the cost of attending college and help make higher education more accessible.
The stats below refer to aid that is provided by Faith Baptist Bible College and Theological Seminary.
98% of new students (80 total) were offered scholarships at Faith Baptist Bible College and Theological Seminary, averaging $7,293.00 per person. This puts it in the top 50th percentile among colleges and universities nationwide.
In addition to scholarships, 80% of first years (66 total) were awarded federal grant aid, averaging $3,702.00 each.
The table below demonstrates scholarship and grant allocations by income level for freshmen receiving any type of federal Title IV assistance, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 10.98% | $13,631.00 |
| Income 30k-48k | 15.85% | $12,916.00 |
| Income 48k-75k | 30.49% | $12,292.00 |
| Income 75k-110k | 7.32% | $10,161.00 |
| Income 110k + | 7.32% | $8,733.00 |
The table above shows undergrads who are getting Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
80 FBBC&TS undergrads obtain grant aid (this is about 98% of the entire undergraduate student population). The average amount these students receive is $11,359.00.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.