Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $9,012 and the average loan amount is $4,430. The average financial aid amount is 85.99% of tuition & fees (tuition & fees: $10,480).
Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid79 71%$711,920$9,012
Pell Grants42 38%$202,023$4,810
Federal Students Loans33 29%$146,189$4,430

Undergraduate Student Financial Aid Comparison Chart

First-time (full-time) Undergraduate Students Financial Aid

For the full-time, first-time undergraduate students (freshmen, in most cases), 17 students have received one or more types of financial aid at Elim Bible Institute and College.
The average amount of federal, state, local or institutional grant aid is $8,907 and the average amount of student loans awarded to full-time first-time undergraduate students is $3,414.
The following table shows the financial data by type of aid at Elim Bible Institute and College.

First-time Undergraduate Financial Aid by Type

Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid17100%--
Grant or scholarship aid17 100%$151,419$8,907
Federal Grants8 47%$45,539$5,692
Pell Grants8 47%$44,584$5,573
Other Federal Grants2 12%$955$478
State/Local Grants8 47%$32,305$4,038
Institutional Grants16 94%$73,575$4,598
Student Loans5 29%$17,071$3,414
Federal Student Loans5 29%$17,071$3,414
Other Student Loans0 0%$0$0