$4,523

Avg. Federal Grant

$4,927

Avg. Federal Loan

$21,654,888

Total Aid Awarded

Bob Jones University (BJU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

83%

Total Aid Amount Average Total Aid Awarded per year.

$21.655M

Financial Aid Official Website

www.bju.edu/admission/tuition-aid/

Bob Jones University (BJU) believed that education is one of the most important investments one makes and the cost of the college really determines the fact of choosing a college that’s why they continuously work on keeping their cost affordable. They are dedicated towards the bible and focused upon giving a quality education at affordable cost. There are many kinds of grants and scholarships are provided for the paying of the college and most of the scholarship can be categorised on merit basis and need basis one can qualify for both.

 

Some of grants and scholarship -

  • Students job 

  • Military Tuition assistance 

  • Veterans benefits 

  • Free Application for Federal Student Aid(FAFSA)

  • Satisfactory academic progress (SAP)

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

48%

State Grant Aid

28%

Institution Grant Aid

99%

Pell Grant

48%

Average Aid Awarded

Federal Grant Aid

$4,523

State Grant Aid

$6,759

Institution Grant Aid

$7,222

Pell Grant

$4,348

As shown in the table the breakdown includes Federal Grants, Pell Grants, state grants and institutional grants , with institutional grants having the highest percentage contribution of 99% with an average aid amount being $7222.

Pell grants have a percentage of48% with an average aid amount of $4348 which is lesser than the State grant aid average of $6759.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$15,376

$30,001 - $48,000

$13,400

$48,001 - $75,000

$13,656

$75,001 - $110,000

$10,034

Over $110,000

$6,875

As shown in the table lower the family income higher is the amount of aid one can expect to receive. For those students who have a family income under $30,000 can expect to receive an aid amount of $15376 while those with family income over $110,000 can expect to receive an aid amount of $6875. This helps students who are coming from low income homes to pay for their degree.

Student Loans for Bob Jones University (BJU)

Average Loan Amount Average Loan Amount received per year.

$5,994/Year

Students Taking Out Loans

33%

Loan Default Rate

1.9%

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