by our College Data Analytics TeamMost students will not be asked to pay the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at New Orleans Baptist Theological Seminary can sound tremendous, but do not forget that almost all students get some type of financial help.
What financial aid options can NOBTS offer, and what will you qualify for? Keep reading for more information. Keep scrolling to find out what amount of financial assistance will be accessible to you.
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 New Orleans Baptist Theological Seminary.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For incoming first-year students at New Orleans Baptist Theological Seminary, 54% of new full-time first-years were awarded at least some aid around 27 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 52% | $7,381 |
| Institutional grants & scholarships | 24% | $8,812 |
| Federal Pell grants | 16% | $6,739 |
| State/local grants | 12% | $5,375 |
| Federal student loans | 0% | — |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At this school, roughly 33% of undergraduates were awarded grant or scholarship aid averaging $4,673 (across roughly 254 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 33% | $4,673 |
| Federal Pell grants | 9% | $4,403 |
| Federal student loans | 0% | — |
On-campus students receiving title-IV aid were awarded grants averaging $10,831.
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 | $10,829 |
For an estimate tailored to your family circumstances, see NOBTS’s official net price calculator: www.nobts.edu/financial-aid/default.html.
These indicators are derived from the underlying debt data and summarize the overall picture at NOBTS.
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 49 |
| Total GI Bill amount | $310,170 |
| Average GI Bill amount per recipient | $6,330 |
References
More about our data sources and methodologies.