Annual College Costs ( Fall 2006 )

Financial Aid Statistics

• Full-time freshman enrollment: 688
• Number who applied for need-based aid: 565
• Number who were judged to have need: 469
• Number who were offered aid: 469
• Number who had full need met: 58

• Average percent of need met: 67%
• Average financial aid package: $14,019
• Average need-based loan: $2,479
• Average need-based scholarship or grant award: $9,134
• Average non-need based aid: $10,381
• Average indebtedness at graduation: $28,007

Financial Aid Distribution

• Scholarships / grants: 52%
• Loans / jobs: 48%

Scholarships for Underrepresented Groups of Ethnicity: up to $6,500; based on GPA and ethnicity. Community Service Scholarship: $2,700; based on demonstration of outstanding spiritual leadership. Alumni Dependent Scholarship: $500; given to students whose parents completed 30 units of coursework at Biola University.

Financial Aid Forms

Domestic first-year financial aid applicants must submit the following forms, if applicable:

• FAFSA
• State aid form

Contact Information

Financial Aid Office phone: (562) 903-4742

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