$3,098

Avg. Federal Grant

$7,937

Avg. Federal Loan

$763,639

Total Aid Awarded

Carolina College of Biblical Studies Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

85%

Total Aid Amount Average Total Aid Awarded per year.

$763.639K

Financial Aid Official Website

ccbs.edu

As many as 75% of the students at CCBS get some sort of financial aid, and the total amount of assistance/loans provided is more than $924,824 in a year. More information regarding the financial assistance schemes can be accessed on CCBS’s official financial aid page at http://ccbs.edu. Notably, a total of 58% of the applicants to Carolina College of Biblical Studies receive the Federal Grant every year. In comparison, 58% of the students are awarded the Student Grant, 50% get the Institution Grant, and 50% of the applicants receive the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $4,080. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Those with a family income below $30,000 per annum, would get an average federal aid of $5,815 in a year. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. At Carolina College of Biblical Studies, the percentage of candidates who opt to avail of student loans is around 67%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

67%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

67%

Average Aid Awarded

Federal Grant Aid

$3,098

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$3,098

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$2,160

$30,001 - $48,000

$5,920

$48,001 - $75,000

N/A

$75,001 - $110,000

$935

Over $110,000

N/A

Student Loans for Carolina College of Biblical Studies

Average Loan Amount Average Loan Amount received per year.

$7,937/Year

Students Taking Out Loans

67%

Loan Default Rate

10.3%

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