$2,960

Avg. Federal Grant

$4,700

Avg. Federal Loan

$150,665

Total Aid Awarded

Huntsville Bible College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

75%

Total Aid Amount Average Total Aid Awarded per year.

$150.665K

Financial Aid Official Website

www.hbc1.edu

It is interesting to note that almost every student at HBC receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $671,453. More information regarding the financial assistance schemes can be accessed on HBC’s official financial aid page at http://www.hbc1.edu. The total percentage of candidates applying to Huntsville Bible College who receive the Federal Grant is 100%. On the other hand, 100% of the candidates get the Student Grant, while 100% receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $3,164. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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 Huntsville Bible College, the percentage of candidates who opt to avail of student loans is around 100%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

100%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

100%

Average Aid Awarded

Federal Grant Aid

$2,960

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$2,960

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$2,960

$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 Huntsville Bible College

Average Loan Amount Average Loan Amount received per year.

$4,700/Year

Students Taking Out Loans

100%

Loan Default Rate

29.4%