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Financial Assistance
Philosophy of Financial Assistance
Our Purpose. It is the fundamental
purpose of our financial aid program to help all qualified students obtain a
Christian education at BBC. We do not believe our services should be
reserved only for those who can afford to purchase them.
Student Responsibility. While the College will attempt to assist you,
the primary responsibility for financing your education rests with you and
your family. If you and your family will do your best to meet your
financial obligations, we will utilize every resource available to us to
help you.
You
are responsible for knowing the academic policies of the College, for
maintaining your academic standing, keeping current on financial
obligations, and meeting all graduation requirements. The academic dean
or his secretary, your academic advisor, the student dean, and the business
office are available to counsel you, but the final responsibility rests with
you.
In-House Financial Assistance
Tuition Subsidies. Generous gifts from churches, alumni, and other
dedicated Christians cover nearly two-thirds of the cost of operating the
College and, in effect, constitute another gift scholarship. You will pay
between one-half and one-third of the cost of your education. Our charges
reflect this subsidy.
Grants-in-Aid.* Churches, alumni, and other interested individuals give
the College grant funds which are designated for assistance to worthy
students who have a financial need. These funds are grants—they do not have
to be repaid.
Click here for a list of
endowments and other scholarship sources.
Scholarships.* BBC provides scholarships that are offered on the basis
of academic or leadership qualities. BBC grants over $180,000 in scholarships annually.
Click here for a list of BBC scholarships available.
To apply for scholarships, e-mail or call the
Financial Aid
office
at 1-800-893-7755. The deadline for applying for BBC financial aid each year
is May 1. More scholarships are available for those who apply
before February 15!
College Work-Study Program.* The College employs a few students on a
part-time basis in the library, cafeteria, offices, and in custodial or
maintenance work. Contact the
Business Office for positions available.
Other Financial Assistance
Federal Programs.* The College has been approved by the U.S.
Department of Education to participate in the Pell Grant program, the
Supplemental Educational Opportunity Grant (SEOG) program, the Federal
Work-Study (FWS) program, and the Stafford Loan fund program. If you would like to
apply for Federal Financial Aid, click on the following link:

Student Loans
If you would like to take out a student loan,
please click on the logo below to complete the quiz.
After you understand your rights and responsibilities about borrowing,
please go to
 to select a lender. Once a lender has been chosen, you are ready to begin
the loan application process.
You may do so directly from the comparison
chart.
If you have been instructed to complete the Student Loan Exit counseling,
please click on the following logo.
To review the status of your
loan application and find answers to your financial aid questions, click
on this link:

To keep up-to-date on how much loan volume you have and contact information,
check this website: www.nslds.ed.gov.
Click on Financial Aid Review and follow the instructions. You will need to
know your government PIN.
State Programs.* Most state-guaranteed loans and grants are based on the
College's being approved by the U.S. Department of Education to participate
in the federal programs. You may be eligible for state assistance. Check
with your local high school advisor regarding what is available in your home
state.
Veterans and Social Security Assistance. Contact the nearest office of
Veterans Affairs and the Social Security Administration to obtain the
necessary certification of eligibility for assistance from these agencies.
Private Programs. Many churches, groups of churches, and other
organizations sponsor scholarship programs for students seeking a Bible
college education. Some information is available at the College, but you are
encouraged to investigate the availability of funds from your local church.
Click here
for scholarship suggestions.
Job Opportunities
You
may need to work part-time while at BBC. Jobs are available for those who
make a serious effort to find them but they often pay only minimum wage, and
public transportation is very limited in our area. Many stores, restaurants,
offices, and other businesses wish to hire BBC students because of their
good work records. Most afternoon and evening hours are free from classes to
facilitate student employment. The student dean often has information
regarding employers seeking to hire BBC students.
*Details are found in BBC’s
Financial Aid Packet, available upon request from BBC’s financial aid
department.
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