by our College Data Analytics TeamMany students attending Southwest Baptist University can expect to receive financial assistance in various forms, such as scholarships, grants, loans, and work-study programs, making the cost of attendance more manageable.
Curious about the financial aid opportunities at Southwest Baptist University and what you may be eligible for? Explore the answers here.
Southwest Baptist University average financial aid offer for freshmen students is $17,020.00. Financial aid is provided to about 99% of first-year students, with the bulk of support coming in the form of grants and scholarships.
Loans are a part of financial aid plans, but the only true college discount is a scholarship or grant that you don’t have to repay.
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 Southwest Baptist University.
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 following numbers pertain to assistance that is supplied by Southwest Baptist University.
77% of new students (333 total) were offered scholarships at Southwest Baptist University, averaging $16,915.00 per person. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 51% of first-year students (220 total) got a federal grant, for about $4,625.00 per person.
The table below demonstrates scholarship and grant allocations by income level for freshmen receiving any type of federal Title IV assistance, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 21.11% | $18,897.00 |
| Income 30k-48k | 11.60% | $20,335.00 |
| Income 48k-75k | 18.10% | $19,835.00 |
| Income 75k-110k | 14.62% | $15,832.00 |
| Income 110k + | 13.69% | $14,373.00 |
The table above shows students who are obtaining Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
99% of the 431 undergraduates at Southwest Baptist University receive some sort of grant aid. This is a total of about 421 students getting an average of $17,020.00 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.