Faith Baptist Bible College (FBBC&TS) Financial Aid and Scholarships
Students Receiving Aid
89%
Total Aid Amount
$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%.
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