All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at SUM Bible College and Theological Seminary since 2011.
For that period, the average number of students who received grants aid/scholarships is 349, which is 80.45 % of all undergraduate students. 333 students which is 78.45% of undergraduate students received federal student loans and the average loan amount is $7,645.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12194 (73%)$4,794194 (73%)$4,502259 (97%)$7,929
2012-13271 (85%)$6,951271 (85%)$4,482314 (98%)$7,617
2013-14320 (92%)$5,741247 (71%)$4,244314 (90%)$7,194
2014-15362 (78%)$5,982262 (57%)$5,126338 (73%)$8,523
2015-16522 (100%)$4,532293 (56%)$4,587387 (74%)$7,717
2016-17406 (73%)$5,239406 (73%)$4,038430 (77%)$7,691
2017-18463 (90%)$5,683361 (71%)$4,132442 (86%)$6,395
2018-19384 (86%)$5,757258 (58%)$5,106325 (73%)$7,779
2019-20403 (88%)$6,377359 (78%)$4,127335 (73%)$7,264
2020-21267 (63%)$4,808243 (58%)$4,671274 (65%)$6,828
2021-22244 (57%)$5,483221 (51%)$5,306247 (57%)$9,155
Average349 (80.45%)$5,577283 (66.45%)$4,575333 (78.45%)$7,645

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

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 64 (83.36 % of students) received grants or scholarships and its average amount is $6,139. It can cover 58.69% of tuition & fees ($10,460).
In addition, 58 (74.91 % of students) students get helped from the students loans (average amount : $5,936).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-1249 (66%)$7,66663 (85%)$6,570
2012-1363 (73%)$7,47076 (88%)$7,116
2013-1464 (100%)$5,20457 (89%)$5,796
2014-1583 (64%)$5,03081 (62%)$4,829
2015-1696 (100%)$4,61074 (77%)$5,510
2016-1775 (94%)$6,04463 (79%)$7,641
2017-1882 (91%)$5,55475 (83%)$5,736
2018-1960 (76%)$6,37254 (68%)$6,844
2019-2066 (94%)$9,05450 (71%)$2,533
2020-2136 (97%)$4,44727 (73%)$4,974
2021-2228 (62%)$6,08322 (49%)$7,749
Average64 (83.36%)$6,13958 (74.91%)$5,936
*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 12 years, on average, 51 (67.36 % of students) received Pell (federal) grants and its average amount is $4,832.
In addition, 25 students received State/local government grants/scholarships (34.67 % 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
2011-1249 (66%)$4,890--4 (5%)$5,90349 (66%)$2,294
2012-1363 (73%)$4,732--4 (5%)$6,89563 (73%)$2,300
2013-1447 (73%)$4,5476 (9%)$250--64 (100%)$1,841
2014-1563 (48%)$4,5334 (3%)$375--83 (64%)$1,571
2015-1665 (68%)$4,4545 (5%)$375--95 (99%)$1,591
2016-1775 (94%)$3,57714 (18%)$282--72 (90%)$2,515
2017-1858 (64%)$5,1755 (6%)$520--81 (90%)$1,885
2018-1942 (53%)$5,6449 (11%)$511--60 (76%)$2,345
2019-2052 (74%)$4,91514 (20%)$34666 (94%)$2,95566 (94%)$2,154
2020-2131 (84%)$4,8514 (11%)$700--22 (59%)$314
2021-2220 (44%)$5,8324 (9%)$2,113--16 (36%)$2,827
Average51 (67.36%)$4,8327 (10.22%)$60825 (34.67%)$5,25161 (77.00%)$1,967
*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 12 years, on average, 58 (74.91 % of students) get any students loan help and its average loan amount is $58.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-1263 (85%)$6,57063 (85%)$6,570--
2012-1376 (88%)$7,11676 (88%)$7,116--
2013-1457 (89%)$5,79657 (89%)$5,796--
2014-1581 (62%)$4,82981 (62%)$4,829--
2015-1674 (77%)$5,51074 (77%)$5,510--
2016-1763 (79%)$7,64163 (79%)$7,641--
2017-1875 (83%)$5,73675 (83%)$5,736--
2018-1954 (68%)$6,84454 (68%)$6,844--
2019-2050 (71%)$2,53350 (71%)$2,533--
2020-2127 (73%)$4,97427 (73%)$4,974--
2021-2222 (49%)$7,74922 (49%)$7,749--
Average58 (74.91%)$5,93658 (74.91%)$5,936--

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