$3,179

Avg. Federal Grant

$4,266

Avg. Federal Loan

$1,621,555

Total Aid Awarded

Baptist Bible College (BBC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

92%

Total Aid Amount Average Total Aid Awarded per year.

$1.622M

Financial Aid Official Website

www.gobbc.edu

Among them are scholarship programs such as Baptist Bible College Access Missouri Financial Assistance Program, Baptist Bible College Bright Flight Program, Jesse Wrench Scholarship, and MLN Scholarship. Interestingly, almost all of the students at BBC receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $1,520,348 in a year. One can visit BBC's financial aid page at http://www.gobbc.edu for more information. At BBC, the total percentage of applicants who receive the Federal Grant stands at 64%. In comparison, 100% of the students are awarded the Student Grant, 97% get the Institution Grant, and 64% of the applicants receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $4,483. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $10,450 per year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $8,856, while those falling in the $48,001-$75,000 income category get $6,122 a year. Those with an annual income level of $75,001-$110,000 would receive $5,442, while candidates with more than $110,000 of family income receive an average federal aid of $5,268. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. At BBC, an estimated number of 78% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

82%

State Grant Aid

N/A

Institution Grant Aid

100%

Pell Grant

59%

Average Aid Awarded

Federal Grant Aid

$3,179

State Grant Aid

N/A

Institution Grant Aid

$1,150

Pell Grant

$4,131

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$4,468

$30,001 - $48,000

$1,000

$48,001 - $75,000

N/A

$75,001 - $110,000

$1,000

Over $110,000

N/A

Student Loans for Baptist Bible College (BBC)

Average Loan Amount Average Loan Amount received per year.

$4,556/Year

Students Taking Out Loans

91%

Loan Default Rate

11.4%

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