It is interesting to note that, every year, around 89% of students at BBC receive some kind of financial aid, while the total amount of assistance/loans provided is $285,489. Notably, a total of 37% of the applicants to Boise Bible College receive the Federal Grant every year. In comparison, 89% of the students are awarded the Student Grant, 84% get the Institution Grant, and 37% of the applicants receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $4,477. 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. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 42% of the applicants to Boise Bible College opt for student loans.