by our College Data Analytics TeamRather than paying the full sticker price for a college education, most students receive a financial aid package that eases the burden with scholarships, grants, loans, and work-study options, while the amount and type of aid may vary among students.
Uncover the various financial aid options provided by MBTS and determine which ones you may be eligible for by continuing your exploration.
$5,291.00 is the typical Midwestern Baptist Theological Seminary’s first year financial aid package. 100% of reshman students get financial aid, most of which is in the form of loans
Financial aid helps decrease the expense, or the “sticker” price of the school. But keep in mind that the only real discounts off the cost of college are in the form of grants and scholarships.
Student debt really should be considered to be an added expense and not as “aid” or a “discount”. Find more about student loan debt at Midwestern Baptist Theological Seminary.
In addition to scholarships, 92% of freshman students (23 total) obtained federal grant aid, averaging $5,948.00 a piece.
These grants and scholarships consist of mostly federal grants, as well as some local and state awards.
92% of first years at Midwestern Baptist Theological Seminary (23 total) were awarded a federal grant, averaging $5,948.00.
The next table shows grant and scholarship distributions by income for first-year students getting any form of federally-funded Title IV aid, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 8.00% | $9,705.00 |
| Income 30k-48k | 24.00% | $9,947.00 |
| Income 48k-75k | 28.00% | $5,724.00 |
| Income 75k-110k | 16.00% | $1,148.00 |
| Income 110k + | 16.00% | $150.00 |
The table above displays undergrads who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
Of the 25 undergraduate students at Midwestern Baptist Theological Seminary around 100% (24 total) receive some form of grant aid. The typical amount awarded was $5,291.00.The largest share of which are in the guise of Pell Grants.
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.