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Grace Bible College Tuition, Costs, & Financial Aid Information

Grand Rapids, MI

Tuition and Expenses


Cost of Attendance
Not available
Tuition and Fees
Not reported
Room and Board
Not reported
Books and Supplies
Not reported
Other Expenses
Not reported
Payment Plans
 

Applying for Financial Aid


Financial Aid Office

Email
kpostma@gbcol.edu
Web Site
Financial Aid Web Site
Net Price Calculator URL
Not reported

Application Process

Application Deadline
Priority deadline February 28
Award Notification
On a rolling basis beginning May 15
Methodology for Awarding Institutional Aid
Federal Methodology
Forms Required Cost to File
FAFSA
Code is 002265
Free

Profile of 2019 - 20 Financial Aid


Freshman

Financial Aid Applicants
90 (96.8%) of freshmen
Found to Have Financial Need
85 (94.4%) of applicants
Received Financial Aid
85 (100.0%) of applicants with financial need
Need Fully Met
4 (4.7%) of aid recipients
Average Percent of Need Met
60%
Average Award
$9,849
Need-Based Gift
Received by 81 (95.3%) of aid recipients, average amount $4,438
Need-Based Self-Help
Received by 76 (89.4%) of aid recipients, average amount $3,081
Merit-Based Gift
Received by 62 (72.9%) of aid recipients
Merit-Based Gift
7 (7.5%) of freshmen had no financial need and received merit aid, average amount $4,636

All Undergraduates

Financial Aid Applicants
321 (95.0%) of undergraduates
Found to Have Financial Need
300 (93.5%) of applicants
Received Financial Aid
300 (100.0%) of applicants with financial need
Need Fully Met
18 (6.0%) of aid recipients
Average Percent of Need Met
63%
Average Award
$9,582
Need-Based Gift
Received by 274 (91.3%) of aid recipients, average amount $4,217
Need-Based Self-Help
Received by 264 (88.0%) of aid recipients, average amount $3,641
Merit-Based Gift
Received by 187 (62.3%) of aid recipients
Merit-Based Gift
19 (5.6%) of undergraduates had no financial need and received merit aid, average amount $3,718

Borrowing

2019 Graduates Who Took Out Loans
59%
Average Indebtedness of 2019 Graduates
$21,527
Parents of Students Receiving Aid
12.0%
Parents of Students Not Receiving Aid
Not reported

Financial Aid Programs


Loans

Federal Loans
Direct subsidized Stafford loans, direct unsubsidized Stafford loans, direct PLUS loans
State Loans
 
Other Loans
 

Scholarships and Grants

Need-Based Available
Federal Pell grants, SEOG, State scholarships, Institutional scholarships, Private scholarships
Non-Need–Based Available
Academic scholarships, Creative arts/performance scholarships, Special characteristics (minority, religious affiliation, other scholarships)

Non-Need Awards

Academic Interest/Achievement Award Areas
Not reported
Number of Awards
182
Top Areas (By Money Awarded)
 
Creative Arts/Performance Award Areas
Music
Number of Awards
24
Top Areas (By Money Awarded)
 
Special Achievements/Activities Award Areas
Not reported
Number of Awards
Not reported
Top Areas (By Money Awarded)
 
Special Characteristics Award Areas
Children of Faculty/Staff, Relatives of Clergy
Number of Awards
127
Top Areas (By Money Awarded)
 

Employment

Work-Study Programs
Federal work study available, other work study available
Average Earnings from On-Campus Employment
$323

A portion of the College Profile data is provided under license by:
Peterson's Undergraduate and Undergraduate Financial Aid Databases, copyright © 2020 Peterson's LLC. All rights reserved.