Scholarships, Grants, and Loan Trends at SBTS

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 255, which is 26.00 % of all undergraduate students.

For full-time, first-time beginning students (freshmen), 45.56% of students received grants or scholarships and 28% of students received student loans.

Trends by Subject

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at The Southern Baptist Theological Seminary since 2014.

For that period, the average number of students who received grants aid/scholarships is 255, which is 26.00 % of all undergraduate students.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15282 (35%)$1,749----
2015-16297 (30%)$1,758----
2016-17312 (29%)$1,975----
2017-18296 (28%)$1,473----
2018-19255 (26%)$2,053----
2019-20118 (13%)$1,969----
2020-21194 (20%)$1,383----
2021-22292 (29%)$2,128----
2022-23248 (24%)$1,568----
Average255 (26.00%)$1,784----
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 63 (45.56 % of students) received grants or scholarships and its average amount is $2,032. It can cover 18.40% of tuition & fees ($11,046).

In addition, 38 (27.78 % of students) students get helped from the students loans (average amount : $12,642).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1555 (59%)$1,74134 (37%)$11,315
2015-1672 (53%)$1,87146 (34%)$11,844
2016-1780 (57%)$2,04647 (33%)$11,402
2017-1851 (45%)$1,53937 (32%)$12,208
2018-1978 (49%)$1,42853 (33%)$13,093
2019-2019 (15%)$1,24720 (15%)$12,997
2020-2163 (42%)$3,01934 (23%)$13,723
2021-2280 (50%)$3,81234 (21%)$12,765
2022-2365 (40%)$1,58835 (22%)$14,434
Average63 (45.56%)$2,03238 (27.78%)$12,642
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table shows the trends of grants or scholarships over time. For the last 10 years,

In addition, 72 students received State/local government grants/scholarships (46.00 % of students).

Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15------55 (59%)$1,741
2015-16------72 (53%)$1,871
2016-17------80 (57%)$2,046
2017-18------51 (45%)$1,539
2018-19------78 (49%)$1,428
2019-20------19 (15%)$1,247
2020-21----63 (42%)$1,51063 (42%)$1,510
2021-22----80 (50%)$1,90680 (50%)$1,906
2022-23------65 (40%)$1,588
Average----72 (46.00%)$1,70863 (45.56%)$1,653
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 38 (27.78 % of students) get any students loan help and its average loan amount is $38.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1534 (37%)$11,315--34 (37%)$11,315
2015-1646 (34%)$11,844--46 (34%)$11,844
2016-1747 (33%)$11,402--47 (33%)$11,402
2017-1837 (32%)$12,208--37 (32%)$12,208
2018-1953 (33%)$13,093--53 (33%)$13,093
2019-2020 (15%)$12,997--20 (15%)$12,997
2020-2134 (23%)$13,723--34 (23%)$13,723
2021-2234 (21%)$12,765--34 (21%)$12,765
2022-2335 (22%)$14,434--35 (22%)$14,434
Average38 (27.78%)$12,642--38 (27.78%)$12,642

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