$3,185

Avg. Federal Grant

$3,251

Avg. Federal Loan

$192,459

Total Aid Awarded

Alaska Bible College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

87%

Total Aid Amount Average Total Aid Awarded per year.

$192.459K

Financial Aid Official Website

www.akbible.edu/admissions/tuition-aid/financial-aid/

Notably, 89% of the students at Alaska Bible College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $32,030. More information regarding the financial assistance schemes can be accessed on ABC’s official financial aid page at http://www.akbible.edu/admissions/tuition-aid/financial-aid/. The total percentage of candidates applying to Alaska Bible College who receive the Federal Grant is 33%. In comparison, 67% of the students are awarded the Student Grant, 44% get the Institution Grant, and 33% of the applicants receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $2,630. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Alaska Bible College, the percentage of candidates who opt to avail of student loans is around 44%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

20%

State Grant Aid

60%

Institution Grant Aid

60%

Pell Grant

20%

Average Aid Awarded

Federal Grant Aid

$3,185

State Grant Aid

$1,887

Institution Grant Aid

$2,117

Pell Grant

$2,960

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$4,693

$30,001 - $48,000

N/A

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Alaska Bible College

Average Loan Amount Average Loan Amount received per year.

$3,251/Year

Students Taking Out Loans

40%

Loan Default Rate

10%

Other Colleges In Alaska

Other Private not-for-profit Colleges