by our College Data Analytics TeamFinancial 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.
Uncover the various financial aid options provided by KMBC and determine which ones you may be eligible for by continuing your exploration.
Kentucky Mountain Bible College average financial aid offer for freshmen students is $7,298.00. 100% of first-year students are awarded financial aid, primarily comprising grants and scholarships.
Financial aid contains loans, grants, and scholarships. But college loans need to be repaid, thus they are not a real college discount.
A student loan isn’t a genuine college price reduction, but rather an additional cost consideration. Discover how much student loan debt from Kentucky Mountain Bible College you could end up dealing with.
As well as scholarships, 86% of freshmen (12 total) received a federal grant, for about $5,174.00 a person.
The stats and the chart following pertain to primarily grants from federal sources, plus some local and state grants.
86% of first-year students at Kentucky Mountain Bible College (12 total) obtained a federal grant, averaging $5,174.00.
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 | 35.71% | $8,644.00 |
| Income 30k-48k | 28.57% | $8,128.00 |
| Income 48k-75k | 21.43% | $8,815.00 |
| Income 75k-110k | 0.00% | $0.00 |
| Income 110k + | 0.00% | $0.00 |
The table above shows students who are receiving Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more.
100% of the 14 undergraduates at Kentucky Mountain Bible College receive some sort of grant aid. This is a total of about 14 students getting an average of $7,298.00 per person.The majority of which come in the form of Pell Grants.
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.