$4,252

Avg. Federal Grant

$5,014

Avg. Federal Loan

$3,182,979

Total Aid Awarded

Faith Baptist Bible College (FBBC&TS) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

89%

Total Aid Amount Average Total Aid Awarded per year.

$3.183M

Financial Aid Official Website

https://www.faith.edu/admissions/tuition-and-aid

Among them are scholarship programs such as All Iowa Opportunity Foster Care Grant, August & Edna Zahatko Scholarship, Bill & Hilda Macomber Alta Kahl Scholarship, and College Opportunity Scholarship. It is interesting to note that almost every student at FBBCTS receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $507,756. At FBBCTS, the total percentage of applicants who receive the Federal Grant stands at 51%. Meanwhile, 100% of the applicants receive the Student Grant and 100% are awarded the Institution Grant, while 51% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,479, while the same comes to $5,639 for State Grant receivers and $8,365 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,249. 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. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Faith Baptist Bible College and Theological Seminary, the percentage of candidates who opt to avail of student loans is around 38%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

48%

State Grant Aid

23%

Institution Grant Aid

93%

Pell Grant

48%

Average Aid Awarded

Federal Grant Aid

$4,252

State Grant Aid

$5,947

Institution Grant Aid

$9,048

Pell Grant

$4,252

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$14,078

$30,001 - $48,000

$14,483

$48,001 - $75,000

$12,944

$75,001 - $110,000

$9,936

Over $110,000

$11,516

Student Loans for Faith Baptist Bible College (FBBC&TS)

Average Loan Amount Average Loan Amount received per year.

$5,193/Year

Students Taking Out Loans

41%

Loan Default Rate

2.9%

Other Colleges In Iowa

University of Iowa
University of Iowa

Iowa City, Iowa

Coe College
Coe College

Cedar Rapids, Iowa

Other Private not-for-profit Colleges

Harvard University
Harvard University

Cambridge, Massachusetts

Johns Hopkins University
Johns Hopkins University

Baltimore, Maryland