$5,732

Avg. Federal Grant

$5,563

Avg. Federal Loan

$188,293

Total Aid Awarded

Heritage Bible College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

95%

Total Aid Amount Average Total Aid Awarded per year.

$188.293K

Financial Aid Official Website

www.heritagebiblecollege.edu

Notably, a number of students enrolled in Heritage Bible College opt for some kind of financial aid every year. Also, the total amount of assistance/loans provided adds up to around $206,533. One can visit HBC's financial aid page at http://www.heritagebiblecollege.edu for more information. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,630. 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. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $4,345 and $3,925, respectively. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

100%

State Grant Aid

N/A

Institution Grant Aid

80%

Pell Grant

100%

Average Aid Awarded

Federal Grant Aid

$5,732

State Grant Aid

N/A

Institution Grant Aid

$325

Pell Grant

$5,592

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,992

$30,001 - $48,000

N/A

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Heritage Bible College

Average Loan Amount Average Loan Amount received per year.

$5,563/Year

Students Taking Out Loans

80%

Loan Default Rate

13.8%

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