Student Loans for Biola Students
About Biola University
Located in La Mirada, California, Biola is a liberal arts university that was established in 1908. Offering a wide array of quality programs that are geared toward providing knowledge and skills that can help you thrive professionally, the university’s overall environment is conducive to in-depth learning in many fields of study.
Biola University provides all prospective students the opportunity to apply for financial aid, regardless of financial status. Biola financial aid includes an assortment of loans, scholarships and grants. To apply for Biola University financial aid, you must complete the FAFSA, which is available online at fafsa.ed.gov. The information you provide shows the university how much money your family can contribute toward the cost of college. This allows the university to determine how much financial aid you will need.
Financial Aid Packages
A wide array of grants, scholarships and student loans are included in Biola aid packages. You may get a Cal Grant, a Federal Supplementary Educational Opportunity Grant or a Pell Grant. Furthermore, Teach grants are also offered at Biola. Biola University financial aid packages also include federal student loans such as subsidized and unsubsidized Stafford loans and Perkins loans. The criteria to qualify for each package varies.
Private Student Loans
Most students at Biola receive some type of financial aid, which makes the pursuit of a program affordable. If you do not qualify for any Biola financial aid package (or if the package is not sufficient), you may opt for private student loans.
In order to help students cover the costs of their attendance, the Biola financial aid office offers a number of academic scholarship awards. These awards are categorized according to each student’s enrollment status. Scholarships available for freshmen include the President’s Scholarship, the Provost Scholarship, and the Dean’s Scholarship. There is also a specific award for transfer students. Additionally, students may receive the Alumni Dependent Scholarship, the Church Matching Scholarship, the Community Service Scholarship, the LEAD Scholarship (formerly known as SURGE), or specific departmental scholarship awards.
Does Biola University financial aid include loans?
Biola University financial aid programs include a number of loans. You may apply for these loans through a simple FAFSA application. The types of loans that you may apply for include direct Stafford loans, direct Parent PLUS loans, Biola University loans, and federal Perkins loans. Apart from the Biola University loan, the rest are federal loans. These loans come with a low interest rate and great repayment plans, and they are basically all need-based.
Pay for Biola University*
|Total Avg. Cost||$42,271|
|Room & Board||$8,820|
|Financial Aid Information|
|Students Receiving Fin Aid||95%|
|Typical Grant Amounts|
|Avg. Other Stud. Loans||$9,498|
|%Receiving Other Loans||21%|
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*Data source is the Integrated Postsecondary Education Data System (IPEDS) the data collection program for the National Center for Education Statistics