$5,017

Avg. Federal Grant

$4,143

Avg. Federal Loan

$1,466,339

Total Aid Awarded

Trinity Bible College and Graduate School Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

98%

Total Aid Amount Average Total Aid Awarded per year.

$1.466M

Financial Aid Official Website

trinitybiblecollege.edu/admissions/financial-aid

It is interesting to note that almost every student at TBCGS receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $806,393. The total percentage of candidates applying to Trinity Bible College and Graduate School who receive the Federal Grant is 50%. Meanwhile, 97% of the applicants receive the Student Grant and 89% are awarded the Institution Grant, while 50% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,822, and the same stands at $2,807 for State Grant awardees and $5,427 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,367. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 95% of the applicants to Trinity Bible College and Graduate School opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

54%

State Grant Aid

30%

Institution Grant Aid

98%

Pell Grant

54%

Average Aid Awarded

Federal Grant Aid

$5,017

State Grant Aid

$2,257

Institution Grant Aid

$5,490

Pell Grant

$4,469

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$11,027

$30,001 - $48,000

$9,788

$48,001 - $75,000

$11,330

$75,001 - $110,000

$7,581

Over $110,000

$4,104

Student Loans for Trinity Bible College and Graduate School

Average Loan Amount Average Loan Amount received per year.

$5,826/Year

Students Taking Out Loans

98%

Loan Default Rate

14.1%

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