Savanna Hoffman
Biola University offers a range of scholarships, grants, and loans to support graduate students in their academic pursuits. The availability and amount of financial aid vary based on the student's program and school within the university. While some scholarships are need-based, others are merit-based, recognizing academic or athletic achievements. Additionally, graduate students at Biola University can explore options such as federal direct loans, private student loans, and Direct Grad Plus Loans to finance their education. The university's Office of Financial Aid assists students in navigating these choices and planning their finances. The total cost of attendance, including tuition, room, and board, is approximately $59,896, with a net price of $38,406 for students receiving need-based aid. For PhD students specifically, Biola University's Talbot School of Theology offers merit-based scholarships that cover 50% of the coursework phase of the program. Dissertation students may also receive small scholarships for their PhD dissertation work.
| Characteristics | Values |
|---|---|
| Tuition fee | $44,382 |
| Total cost | $64,426 |
| Net price | $38,406 |
| Median federal loan debt | $23,875 |
| Median student loan | $23,875 |
| Types of funding | Scholarships, grants, loans |
| Scholarship amount | $21,868 |
| Percentage of students' financial aid needs met | 65% |
| Funding for PhD students | Yes, small scholarships for up to four or five semesters of PhD dissertation work |
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What You'll Learn
Scholarships
Biola University offers several scholarships, grants, and loans to graduate students. The availability and amount of financial aid provided to graduate students vary based on their program and school.
The Cook School of Intercultural Studies, for instance, offers a variety of scholarships and loans, including departmental and general Biola aid. Students of the Crowell School of Business may be eligible for different scholarships or aid opportunities based on their specific program. Students pursuing degrees at the Rosemead School of Psychology may be eligible for financial aid, such as the Church Matching Scholarship and loans. The School of Education offers the Federal TEACH Grant or School of Education Graduate Grant, in addition to other scholarships and loans. Speech-language pathology graduate students may also be eligible for select scholarships and loans.
Additionally, Biola University offers merit-based scholarships, awarding an average of $21,868 to first-year students. These scholarships are based on academic or athletic achievement, community service involvement, unique hobbies or traits, personal background, or a parent's employer or military affiliation.
Students can also explore need-based scholarships, which take into account the student's financial status. The university met 65% of its students' financial aid needs, and the average net price for students receiving need-based aid is $38,406.
For students residing in California, the Cal Grant is an option, providing over $14,000 per year towards education expenses if financial and other requirements are met. The Pell Grant is another possibility, offered by the federal government to undergraduate students demonstrating financial need by filling out the FAFSA.
Furthermore, Biola University provides a 50% Ph.D. Coursework Merit Scholarship for students in the Educational Studies program. Dissertation students may also receive a small scholarship for up to four or five semesters of Ph.D. dissertation work.
To fund their education, students can also consider taking out loans. The university provides information on various loan options, including federal direct loans, which offer flexible repayment plans and loan forgiveness benefits. The Direct Loan, funded by the U.S. Department of Education, is another option, with the amount determined by the Free Application for Federal Student Aid (FAFSA).
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Grants
Biola University offers various scholarships, grants, and loans to graduate students. The availability and amount of financial aid provided depend on the student's program and school.
Graduate students at Biola University may be eligible for various grants based on their program and school. The School of Education, for example, offers the Federal TEACH Grant and the School of Education Graduate Grant, in addition to other scholarships and loans.
The Federal TEACH Grant is a form of financial aid awarded to undergraduate, post-baccalaureate, or graduate students who intend to teach in a high-need field in a low-income area. The grant provides up to $4,000 per year to students who meet the eligibility requirements, which include maintaining a GPA of at least 3.25 and completing a TEACH Grant counselling session.
Additionally, Biola University offers the Federal Pell Grant to undergraduate students who demonstrate financial need by filling out the Free Application for Federal Student Aid (FAFSA). The Pell Grant is awarded based on exceptional financial need, and the amount awarded can vary depending on the student's financial situation.
For students residing in California, the Cal Grant is another option. This grant provides over $14,000 per year towards education expenses for those who meet the financial and other requirements.
It is important to note that grants, unlike scholarships, do not need to be repaid. Need-based grants take into account the student's financial status, while merit-based grants are awarded for academic or athletic achievement.
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Student loans
Biola University offers various scholarships, grants, and loans to help graduate students finance their education. The availability of these funding options varies based on the student's program and school.
Federal Direct Loans
These loans are funded by the U.S. Department of Education and must be repaid with interest. The amount a student can borrow is determined by the Free Application for Federal Student Aid (FAFSA). Federal direct loans offer flexible repayment options, including income-based repayment plans and loan forgiveness benefits. They are available to students regardless of income. The median federal loan debt among borrowers who completed their undergraduate degrees at Biola University is $23,875, which is $10,375 more than the national median.
Private Student Loans
Private student loans are borrowed from private financial institutions and are dependent on the credit of the student and cosigner. These loans tend to have higher interest rates than federal direct loans and may not offer the same flexible repayment options. Private loans should be considered after all other resources have been exhausted.
In addition to these loan options, students may also consider working while in school to help lessen the burden of student loan debt. It is important for students to carefully consider their loan options and seek out information on the advantages and disadvantages of each to make informed decisions about their financial future.
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Tuition fees
Biola University offers a range of scholarships, grants, and loans to help students fund their education. The tuition fees for Biola University are $44,382. However, the total cost, including tuition, fees, room and board, books and supplies, and other expenses, is $59,896. The net price, after financial aid and scholarships, is $38,406 for students receiving need-based aid.
There are various scholarships available for graduate students, which vary based on the specific program and school. For example, the Cook School of Intercultural Studies offers departmental and general Biola aid, while the Crowell School of Business offers scholarships based on specific programs. Additionally, students at the Rosemead School of Psychology may be eligible for the Church Matching Scholarship, and students in the School of Education may receive the Federal TEACH Grant or School of Education Graduate Grant.
Students can also apply for need-based scholarships, which consider the student's financial status, or merit-based scholarships, which are awarded for academic or athletic achievement. The average non-need-based scholarship or grant for first-year students is $21,868. Additionally, students can take out loans, such as the Direct Loan or Direct Grad Plus Loan, funded by the U.S. Department of Education, which must be repaid with interest.
For PhD students specifically, there is a 50% PhD Coursework Merit Scholarship available for the Educational Studies program. Dissertation students may also receive a small scholarship for up to four or five semesters of PhD dissertation work.
Overall, Biola University provides various funding options to support students in covering their tuition fees and other expenses.
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Financial aid packages
Biola University offers a range of financial aid packages for its graduate students, including PhD students. The availability of these packages varies based on the student's program and school.
Scholarships
Biola University offers scholarships for graduate students, including PhD students, based on their school or program. These scholarships can be need-based or merit-based. Need-based scholarships take into account the student's financial status, while merit-based scholarships are awarded for academic or athletic achievement, community service involvement, unique hobbies or traits, personal background, or a parent's employer or military affiliation. The average non-need-based scholarship or grant awarded to first-year students at Biola University is $21,868, excluding any athletic scholarships. Additionally, the university offers a 50% PhD Coursework Merit Scholarship for students in the Educational Studies PhD program. Dissertation students in any PhD program at Biola University may also receive a small scholarship for up to four or five semesters of dissertation work.
Grants
Grants are another form of financial aid available to graduate students at Biola University. These include the Federal TEACH Grant, School of Education Graduate Grant, and Pell Grants for undergraduate students. The Federal TEACH Grant is specifically available for students at the School of Education, while the School of Education Graduate Grant is offered in addition to other scholarships and loans. Pell Grants are awarded by the federal government to undergraduate students who demonstrate financial need by filling out the FAFSA.
Loans
Biola University graduate students can also take out loans to help finance their education. These include the Direct Loan and Direct Grad Plus Loan, both funded by the U.S. Department of Education and requiring repayment with interest. The amount of the Direct Loan is determined by the Free Application for Federal Student Aid (FAFSA). Additionally, students may choose to borrow from private financial institutions after exhausting other resources. Federal direct loans offer flexible repayment options, including income-based repayment, income-contingent repayment plans, and loan forgiveness benefits. Private student loans, on the other hand, tend to have higher interest rates and are dependent on the credit of the student and cosigner.
Work Opportunities
Working while studying can help lessen the burden of student loans. Graduate students at Biola University can explore work opportunities to supplement their financial aid packages and cover their living expenses.
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Frequently asked questions
Yes, Biola University does provide funding for PhD students. Funding is available in the form of scholarships, grants, and loans.
PhD students at Biola University may receive a small scholarship for up to four or five semesters of PhD dissertation work.
Yes, PhD students may be eligible for grants based on their school or program. Additionally, the Federal TEACH Grant is available for students at the School of Education.
Yes, PhD students can take out loans to help finance their education. This includes Direct Loans and Direct Grad Plus Loans, which are funded by the U.S. Department of Education and must be repaid with interest.
The cost of tuition and fees for PhD students at Biola University is included in the total cost of attendance, which is $64,426. The net price after financial aid and scholarships is $38,406 for the average student receiving need-based aid.
