Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $8,820 and the average loan amount is $4,677. The average financial aid amount is 91.13% of tuition & fees (tuition & fees: $9,678).
Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid90 79%$793,800$8,820
Pell Grants54 47%$262,834$4,867
Federal Students Loans41 36%$191,740$4,677

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), 22 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 $8,738 and the average amount of student loans awarded to full-time first-time undergraduate students is $4,062.
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 Aid22100%--
Grant or scholarship aid22 100%$192,226$8,738
Federal Grants12 55%$64,568$5,381
Pell Grants12 55%$63,143$5,262
Other Federal Grants3 14%$1,425$475
State/Local Grants11 50%$37,158$3,378
Institutional Grants22 100%$90,500$4,114
Student Loans9 41%$36,556$4,062
Federal Student Loans9 41%$36,556$4,062
Other Student Loans0 0%$0-