Trinity Baptist College Financial Aid and Scholarships
Students Receiving Aid
95%
Total Aid Amount
$1.952M
Financial Aid Official Website
N/A
As many as 98% of the students at TBC get some sort of financial aid, and the total amount of assistance/loans provided is more than $2,124,567 in a year. Notably, a total of 65% of the applicants to Trinity Baptist College receive the Federal Grant every year. Meanwhile, 95% of the applicants receive the Student Grant and 85% are awarded the Institution Grant, while 65% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,080, while the same comes to $1,966 for State Grant receivers and $2,330 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,833. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Those with a family income below $30,000 per annum, would get an average federal aid of $6,549 in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $6,476 and $4,397, respectively. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $1,929. And, for those with a family income of more than $110,000, the amount stands at $1,664. 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. Every year, around 93% of the applicants to Trinity Baptist College opt for student loans.
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