Financial Aid at Word of Life Bible Institute
Financial Aid Amount Received
$8,536 (74.23% of tuition)
Percent of Financial Aid Received
99% of 487 students
457 undergraduate students (99% of all students) have received grants, scholarships, and/or federal student loans at Word of Life Bible Institute. The percentage of students who received financial aid extremely higher compared to Private (not-for-profit), 2-4 Years Colleges in New York.
Compared to similar schools in rankings such as Bais Binyomin Academy and Allen School-Brooklyn, the percentage of students who received financial aid is much higher (the average of the schools is 72.10%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $8,536 and the average loan amount is $5,823. The average financial aid amount is 74.23% of tuition & fees (tuition & fees: $11,500).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 457 | 99% | $3,900,728 | $8,536 |
| Pell Grants | 191 | 41% | $873,135 | $4,571 |
| Federal Students Loans | 210 | 46% | $1,222,866 | $5,823 |
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), 246 students have received one or more types of financial aid at Word of Life Bible Institute.
The average amount of federal, state, local or institutional grant aid is $8,195 and the average amount of student loans awarded to full-time first-time undergraduate students is $5,775.
The following table shows the financial data by type of aid at Word of Life Bible Institute.
First-time Undergraduate Financial Aid by Type
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Any Financial Aid | 246 | 100% | - | - |
| Grant or scholarship aid | 246 | 100% | $2,016,058 | $8,195 |
| Federal Grants | 98 | 40% | $488,296 | $4,983 |
| Pell Grants | 98 | 40% | $475,920 | $4,856 |
| Other Federal Grants | 15 | 6% | $12,376 | $825 |
| State/Local Grants | 3 | 1% | $5,873 | $1,958 |
| Institutional Grants | 246 | 100% | $1,521,889 | $6,187 |
| Student Loans | 110 | 45% | $635,286 | $5,775 |
| Federal Student Loans | 110 | 45% | $607,655 | $5,524 |
| Other Student Loans | 5 | 2% | $27,631 | $5,526 |