Financial Aid Chart

Requirements to receive Federal Financial Aid:

  1. Complete your FAFSA.
  2. Complete your Financial Aid Student Information Form.
  3. Be aware that one-third of the submissions will need to be verified (extra forms will be needed).
  4. Submit any additional information as requested by the Financial Aid Office.

Requirements to be awarded Institutional Scholarships: 

  1. Apply to Faith.
  2. Complete your FAFSA and provide the Admissions Department with your EFC number from your FAFSA.
  3. Interview with the Admissions Department and Faculty Advisor of your program - Attend Scholarship Weekend your senior year. 
  4. Take the ACT test and meet the requirements.

Requirements to maintain Institutional Scholarships: 

  1. Student must maintain cumulative GPA for all course work applicable to graduation from FBBC (see Institutional page)
  2. Student must be employed a minimum of 10 hours per week to maintain scholarships.
  3. Student must maintain a mission-fit testimony. 

All of the numbers below could vary above or below the given amounts. These numbers are not guarantees. Rather, the numbers below are estimates based largely on the student's interview with the Admissions Department and Academic Advisor and can vary if federal or outside financial aid changes. These numbers are an estimate for a full-time on campus student. 

Estimated Out of State* 

ACT 31-36

10,000

10,000

10,000

9,800

9,800

9,600

9,500

ACT 25-30 9,000 9,000 9,000 8,800 8,800 8,600 8,500
ACT 21-24 8,000 8,000 8,000 8,000 7,800 7,800 7,800
ACT 18-20 6,500 6,500 6,500 6,500 6,400 6,300 6,200
ACT 17+below 1,500 1,500 1,500 1,500 1,500 1,500 1,500
EFC (from FAFSA) 0-800 801-1,800 1,801-2,800 2,801-3,800 3,801-4,800 4,801-5,235 5,235-higher
Pell Grant 5,815-5,065 4,965-4,065 3,965-3,065 2,965-2,065 1,965-1,065 965-0 0

How do I figure out my estimate?  Take your EFC from your FAFSA information and your ACT score and see where you land on the above chart. Then add the Pell Grant to that number for your estimated total aid. 

Estimated Iowa Student*

ACT 31-36

7,000

7,000

7,000

6,900

6,800

6,700

6,500

6,500

ACT 25-30 6,500 6,500 6,500 6,400 6,300 6,200 6,100 6,000
ACT 21-24 5,000 5,000 5,000 5,000 4,900 4,800 4,700 4,600
ACT 18-20 3,500 3,500 3,500 3,500 3,400 3,300 3,200 3100
ACT 17+below 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000
EFC (from FAFSA) 0-800 801-1,800 1,801-2,800 2,801-3,800 3,801-4,800 4,801-5,235 5,235-13,500 13,500-higher
Pell Grant 5,815-5,065 4,965-4,065 3,965-3,065 2,965-2,065 1,965-1,065 965-0 0 0
Iowa Tution Grant 5,340 5,340 5,340 5,340 5,340 5,340 5,340 0

How do I figure out my estimate?  Take your EFC from your FAFSA information and your ACT score and see where you land on the above chart. Then add the Pell Grant and Iowa Tuition Grant to that number for your estimated total aid.

 

First Student Scholarship

Amount

Requirements

This scholarship is awarded to the first student to come to Faith from a like-minded church or christian school.

This scholarship makes it so the student only pays $8,500 for the first year. Other institutional scholarships are awarded for years two, three, and four.

Come from a likeminded church or Christian school

Complete the FAFSA

Score 21 or higher on the ACT test

Successfully complete a scholarship interview

Be employed a minimum of 10 hours while at Faith

Maintain a 2.0 GPA at Faith

 

Federal and State Aid

Amount

Requirements

Pell Grant

$626 - $5,775

Complete FAFSA

Meet eligibility requirements

 

Iowa Tuition Grant

Up to $5,340

Iowa Resident
File FAFSA by July 1
Meet eligibility

 

All-Iowa Opportunity Scholarship

Varies

Iowa Resident
Need Based
See high school Guidance Counselor for more information

Iowa Gear Up Scholarship

$2,600

Information on www.iowacollegeaid.gov/content/about-gear-up

 

Loans

Amount

Requirements

Federal Subsidized Stafford Loan

Determined by grade level and need

Complete FAFSA

Federal Unsubsidized Stafford Loan

Determined by grade level

Complete FAFSA

Federal Plus Loan

Up to full cost of attendance

Complete FAFSA

Private Education Loans

Up to full cost of attendance

Credit Approval
Co-signer may be required

 

 *All numbers based on 2015-2016.

Returning Students

Additional scholarships are awarded to returning students each spring at Faith's Awards Chapel.

New and returning students living off campus will be awarded one-third less in institutional scholarships than on-campus students.  

Events

Commencement

May 5 and 6

Join us for our 2016 commencement activities.

Faith Classic Golf Tournament

Friday, September 16

New date for the golf tournament. Play a round of golf on a premier course and help raise money for Faith scholarships.