by our College Data Analytics TeamRather than paying the full sticker price for a college education, most students receive a financial aid package that eases the burden with scholarships, grants, loans, and work-study options, while the amount and type of aid may vary among students.
What amount of Southeastern Free Will Baptist Bible College financial assistance will actually be available to you?Get answers to your questions here.
Southeastern Free Will Baptist Bible College average financial aid offer for freshmen students is $2,180.00. Financial aid is provided to about 100% of first-year students, with the bulk of support coming in the form of loans.
Financial aid helps reduce the cost, or the full retail price of the college. However, be aware that the only true college discount is scholarships & grants.
We feel that loan debt ought to be regarded as a consequence instead of true financial aid. Learn more on student loan debt at Southeastern Free Will Baptist Bible College.
Institutional scholarships and grants are financial aid awards given by colleges and universities to help students manage tuition costs and other education-related expenses. These awards, which do not need to be repaid, can be classified as merit-based or need-based. Students who excel academically, possess unique talents, or have specific skills can be eligible for merit-based institutional scholarships. Factors such as high school performance, standardized test scores, or participation in extracurricular activities often contribute to eligibility for these scholarships. Need-based institutional grants, on the other hand, are awarded to students who demonstrate financial need. The amount given is generally based on the student’s family’s financial situation, aiming to cover the gap between the cost of attendance and the family’s capacity to pay. To assess a student’s eligibility for need-based grants, colleges and universities may rely on information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants are essential for students, as they can substantially lower college expenses and make higher education more affordable.
The numbers below apply to scholarships and grants primarily provided by Southeastern Free Will Baptist Bible College.
86% of incoming freshmen (12 total) were awarded scholarships at Southeastern Free Will Baptist Bible College, averaging $1,102.00 a piece. This puts it in the bottom 25 percentile among colleges and universities nationwide.
As well as scholarships, 50% of freshmen (7 total) obtained a federal grant, for about $2,470.00 a piece.
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 | 28.57% | $3,554.00 |
| Income 30k-48k | 0.00% | $0.00 |
| Income 48k-75k | 35.71% | $1,977.00 |
| Income 75k-110k | 0.00% | $0.00 |
| Income 110k + | 0.00% | $0.00 |
The table above displays undergrads who are obtaining Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
14 Southeastern Free Will Baptist Bible College undergrads obtain grant aid (this is about 100% of the entire undergraduate student population). The average amount these students receive is $2,180.00.The largest share of which are in the guise 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.