by our College Data Analytics TeamFinancial aid in the form of loans, grants, work-study, and scholarships is one way colleges reduce the cost of attendance so most students can actually afford to attend.
However, some types of financial aid are definitely more desireable than others, and some students will receive more aid than others.Find out more by scrolling down the page.
Central Baptist College average financial aid offer for freshmen students is $10,719.00. 100% of reshman students get financial aid, most of which is in the form of grants and scholarships
Financial aid helps reduce the cost, or the full retail price of the college. However, be aware that the only true college discount is scholarships & grants.
A college loan is not a true college discount, but rather an outcome to consider. Find out how much student loan debt from Central Baptist College you may end up taking on.
Colleges and universities offer institutional scholarships and grants as financial assistance to help students cover tuition fees and other educational costs. These awards, which do not require repayment, can be merit-based or need-based. Merit-based institutional scholarships recognize students who have exceptional academic records, special talents, or skills in particular areas. Eligibility for these scholarships often depends on factors such as a student’s high school performance, standardized test scores, or involvement in extracurricular activities. In contrast, need-based institutional grants are designed for students who show financial need. The amount awarded usually depends on the student’s family’s financial condition and aims.
The next numbers refer to grants and scholarships mainly supplied by the college itself.
98% of incoming freshmen (103 total) were awarded scholarships at Central Baptist College, averaging $7,613.00 a piece. This puts it in the top 50th percentile among colleges and universities nationwide.
In addition to scholarships, 57% of freshman students (60 total) obtained federal grant aid, averaging $4,289.00 a piece.
The table following demonstrates grant and scholarship distributions by income level for freshmen getting any sort of federally-funded Title IV aid, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 24.76% | $11,526.00 |
| Income 30k-48k | 9.52% | $12,380.00 |
| Income 48k-75k | 23.81% | $12,567.00 |
| Income 75k-110k | 10.48% | $9,108.00 |
| Income 110k + | 11.43% | $6,534.00 |
The table above displays students who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Get more info on Title IV here.
100% of the 105 undergraduates at Central Baptist College receive some sort of grant aid. This is a total of about 104 students getting an average of $10,719.00 per person.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.