Notably, almost all of the students at college get some kind of financial aid every year. For additional information about financial assistance schemes, one can head over to SBC’s financial aid page at http://www.southeasternbaptist.edu. Notably, a total of 97% of the applicants to Southeastern Baptist College receive the Federal Grant every year. On the other hand, 100% of the candidates get the Student Grant, 100% receive the Institution Grant, and 97% get the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $4,421. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Students whose family income per annum is less than $30,000 will receive a federal aid of $3,600 on average 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. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At SBC, an estimated number of 3% of the applicants choose to go for student loans.