by our College Data Analytics TeamThe majority of students are not billed the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The sum total of attendance at Southeastern Free Will Baptist Bible College can sound overwhelming, but bear in mind that many students get some type of financial aid.
What financial assistance options will Southeastern Free Will Baptist Bible College offer, and what will you qualify for? Read on for more information. Keep scrolling to discover how much school funding could be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Read on to get a sense of the financial assistance available at Southeastern Free Will Baptist Bible College.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Among first-time, full-time freshmen at Southeastern Free Will Baptist Bible College, 100% of entering full-time freshmen got some type of financial assistance (about 19 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $6,027 |
| Institutional grants & scholarships | 100% | $3,271 |
| Federal Pell grants | 47% | $5,595 |
| State/local grants | 0% | — |
| Federal student loans | 16% | $5,112 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At this school, about 97% of undergraduates were awarded grant or scholarship aid averaging $7,139 (covering around 72 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 97% | $7,139 |
| Federal Pell grants | 47% | $5,649 |
| Federal student loans | 19% | $5,490 |
For students living on campus and receiving title-IV aid, grants averaged $8,601.
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 | $12,906 |
| $30,001 – $75,000 | $17,399 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $12,602 |
| Off-campus title-IV students | $13,467 |
For an estimate tailored to your family circumstances, see Southeastern Free Will Baptist Bible College’s official net price calculator: www.sfwbc.edu/cost-and-financial-aid/.
A typical borrower at Southeastern Free Will Baptist Bible College leaves with $5,000 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,000 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Southeastern Free Will Baptist Bible College.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The aggregate figures below show how active the program is at Southeastern Free Will Baptist Bible College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 47 |
| Total Stafford loan amount | $389,475 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 1 |
| Total GI Bill amount | $3,920 |
| Average GI Bill amount per recipient | $3,920 |
References
More about our data sources and methodologies.