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Trust in the LORD with all thine heart; and lean not unto thine own understanding. Proverbs 3:5

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Financial_Aid

To be eligible for financial aid one must submit a completed FAFSA application

Financial Aid Programs  BBC is an approved institution for administering various forms of financial aid to its students. For forms and further information concerning any of the programs, contact the Director of Financial Aid at (800) 228-5754.

Scholarships

Pastors Leadership Scholarship

Note: Scholarship is for prospective students only. Current students who did not receive this scholarship upon matriculation are not eligible.

Award: Up to $2000 per year for up to four years.

Eligibility: Student awarded to be chosen by home church Pastor. Pastor to base choice upon student leadership, ministry involvement, and ministry potential.

Student must attend or be a member of a supporting church. A supporting church contributes at least $1200 per year to BBC. Church support will be evaluated every semester by BBC staff.

Pastor must submit a letter on church letterhead stating applicant attends or is a member of the church. Financial commitment of church to be verified by BBC financial office.

A church will be eligible to award this scholarship on this basis, One (1) scholarship for every $1200 annually contributed to BBC. Student may not receive more than one Pastors Leadership Scholarship. This award cannot be combined with Pastor and Missionary Family Award.

For students to continue to receive this gift in following years they must be a full-time student and maintain a 3.0 grade point average.

Early Deposit Award

Note: Scholarship is for prospective first-time students only. Current students who did not receive this scholarship upon matriculation are not eligible.

Award: Up to $1000 awarded toward first academic year enrollment only ($500 Fall and $500 Spring).

Eligibility: April 25 2014 is the deadline. Must submit $250 non-refundable Confirmation Deposit by deadline and have all FAFSA and other paperwork submitted. Award eligibility to be determined by BBC Financial Aid Department.

Pastor and Missionary Family Scholarship

Note: Scholarship is for prospective students only. Current students who did not receive this scholarship upon matriculation are not eligible.

Award: Up to $4000 per year for up to four years.

Eligibility: This award is to be granted to the child of a BBC supporting church Pastor (or full-time staff pastor) or BBFI Missionary. A supporting church contributes at least $1200 per year to BBC. Financial commitment of church to be verified by BBC financial office every semester.

Student may not receive more than one Pastor and Missionary Family Scholarship. This award cannot be combined with Pastor Leadership Scholarship.

The status of the BBFI Missionary will be confirmed by the BBFI Missions Office.

For students to continue to receive this gift in following years they must be a full-time student and maintain a 3.0 grade point average.

General Scholarship Rule: A student’s combined federal grants, state grants and Baptist Bible College aid are not permitted to go above the combined cost of actual tuition and room and board charges based on the lowest rate charged by the College. Students who are not charged for housing cannot exceed the cost of actual tuition only for federal grants, state grants, and BBC aid. If the combined aid exceeds the total cost of tuition and room and board as specified, BBC aid will be reduced to resolve the excess aid. The Federal Pell Grant is not included as a factor in the General Scholarship Rule for Resident students.

A valid FAFSA must be on file for each year before an account will be awarded any federal, some state and most institutional aid. If selected for the Verification process, you must have completed the process and have a verified FAFSA on file.

PELL Grant Program Students attending BBC who are high school graduates or who have a GED may be eligible to participate in the PELL Grant Program. To apply, the student must go to www.fafsa.gov to complete the “Free Application for Federal Student Aid” (FAFSA) form. All undergraduate students who are working toward a degree are eligible to apply. Student eligibility is based primarily on financial need, which is determined by the US Department of Education formula applied consistently to all applicants. Within four to six weeks after applying, the student will receive notification of his/her award. Awards are based solely on the eligibility index provided by the federal government and the cost of attendance at BBC. The PELL Grant does not require repayment, however, its funds must be used solely for educational purposes.

Federal Supplemental Educational Opportunity Grant (FSEOG)  A campus-based Title IV grant program based on financial need.

 

 

Federal Work Study (FWS) Work-study provides jobs for student with financial need. The Federal Work Study Program pays a percentage of your wages for the position you're hired for. You may work on or off campus and you will be paid at least minimum wage working an average of 10-20 hours per week.

Direct Loan Program The Direct Loan Program (Stafford) is available for students who first apply for a PELL Grant. The Direct Stafford loan enables students to borrow directly from the federal government. The loan must be repaid. Payments begin six months after dropping below half time, graduation, or withdrawal from school. The student may be allowed ten years for repayment. The amount of payments depends upon the size of the debt. The funds received from a Direct Stafford loan must be used solely for educational purposes. Go to https://studentloans.gov to apply for a Direct Stafford loan or parent Direct PLUS loan. Entrance Counseling may be completed by following this link. Exit Counseling may be completed by following this link.

Satisfactory Academic Progress Guidelines Regulations were issued by the U.S. Department of Education regarding standards of satisfactory academic progress (SAP). These regulations are now in effect for the Federal Stafford Loan Program as well as the PELL Grant Program. Satisfactory Progress (as defined by law) is a combination of hours attempted, hours completed, and cumulative grade point average. Baptist Bible College must not distribute money to students who do not comply with the following:

Cumulative Grade Point Average

Semesters Completed Cumulative GPA Required
1
1.70
2 1.70
3 2.00
   
Attempted Hours You Must Complete:
12 Hours or More (full time) 67% of Hours Per Term
9 to 11 Hours (3/4 time) 67% of Hours Per Term
6 to 8 Hours (1/2 time) 67% of Hours Per Term
1 to 5 Hours (Less than 1/2 time) 67% of Hours Per Term

If a student does not meet required GPA standards, the student will be placed on Financial Aid Warning for the following semester. At the end of the warning semester, the progress will again be evaluated. If satisfactory progress has not been met, the student will lose Federal Student Aid (FSA) eligibility. If the student successfully appeals a loss of eligibility, the student will be placed on Financial Aid Probation. At the end of the probationary semester, if satisfactory progress has NOT been met, ALL financial aid will be suspended until satisfactory progress is again established. Any part of a semester (fall, spring, or summer) is counted towards total semesters earned with regard to financial aid

 

Patriot Sucess Seminar In order to support students of BBC, the College has implemented a support program, known as Patriot Success Seminar. The goal is to assist students so that they are successful, persist, graduate and find a job/ministry. The goal is not to add pressure or stress to students’ work load while taking the Seminar. Rather, the Seminar is designed to facilitate work they are completing in other courses during the semester in which they are enrolled in the Seminar.

The Seminar supports two groups of students. The Seminar supports  first time freshmen. Using ACT scores and data from the College Student Inventory (CSI) faculty leaders select students to enroll in the Seminar. This provides proactive support for incoming students. The Seminar supports students who enter Financial-aid (FA) Warning. Students who are placed on FA Warning at the end of a semester are required to enroll in Patriot Success the following semester. The course will automatically be added to the schedule.

Students will be charged a $200 fee for the Seminar. Students taking the Seminar receive a grade of pass/fail. There may be circumstances in which they may be required to take no more than twelve (12) credit hours. The goal is for them to make satisfactory academic progress.  

Withdrawal Students withdrawing (officially or unofficially) may be eligible for only a partial grant or loan.

Appeal In some cases, a student’s failure to be in compliance with one or more areas of SAP is due to events beyond the student’s control. If such “mitigating circumstances” can be documented for the specific term(s) when the deficiencies occurred, the student may submit a completed SAP Appeal along with all required documentation.

 
 If you have any questions, please stop by the Financial Aid office.
Bob Kotulski, Financial Aid Director
 

Veterans Administration Benefits  The Institution, an approved institution of higher learning by the State of Missouri, is eligible to train veterans and their dependents. You may contact the VA Assistant’s office at (800) 228-5754 or at This e-mail address is being protected from spambots. You need JavaScript enabled to view it . This e-mail address is being protected from spam bots, you need JavaScript enabled to view it for further information and VA forms. Different types of G. I. Bill benefits are briefly outlined below:

• Chapter 30  This portion applies to persons entering military services after 30 June 1985 or those eligible under the old G. I. Bill (Chapter 34 noncontributory).

• Chapter 31  This portion deals with vocational rehabilitation for disabled veterans.

• Chapter 32  This portion deals with the contributory educational assistance program, commonly referred to as “VEAP.” This program applies to veterans with qualifying service between 1 January 1977 and 30 June 1985.

Chapter 33 This portion deals with Post-9/11 Educational Assistance.

• Chapter 35  This portion authorizes educational assistance to dependents and survivors of certain veterans who have serious disabilities as a result of their service, or who have died of a service-connected cause.

• Chapter 1606  Reserve Program: VA educational assistance is approved for selected reserve personnel who enlist, extend, or re-enlist for a total of at least six years after 1 July 1985. It also includes the National Guard.

• Chapter 1607 A member of reserve component who serves on active duty on or after September 11, 2001 under title 10 U.S. Code for contingency operation, and serves at least 90 consecutive days or more, is eligible for chapter 1607.

 

Graduate Assistant Program

The Graduate School has a limited number of graduate assistant positions available. For information contact the Dean of the Graduate School at (417) 268-6054 or email at This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

Financial Aid Code of Conduct

Admissions