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National Application Center :: campus tours :: Maranatha Baptist University costs & financial aid

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Maranatha Baptist University

Maranatha Baptist University
745 West Main Street
Watertown, WI 53094

Official telephone: (920) 261-9300
Toll-free telephone: (800) MBBC-WIS
Fax number: (920) 261-9109
Website: www.mbu.edu
Screen last updated on: December 2016

The financial aid information below is valid for the 2014 academic year.

FINANCIAL AID OFFICE
Financial aid officer: Randy Hibbs,
Financial Aid Director
Contacting the office: 920 206-2318
920 261-9109 (fax)
financialaid@mbu.edu
FAFSA number: 016394

EXPENSES
Undergraduate tuition: $13,100; $13,100 out-of-state
Additional required fees: $1,160
Book fees: $1,072
Combined room and board expenses: $6,720

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAJanuary 1yesN/A

Applied for financial aid:
96% of first-year students
94% of full-time undergraduates
89% of part-time undergraduates
Determined to have financial need:
88% of first-year students
91% of full-time undergraduates
89% of part-time undergraduates
Students determined to have financial need who received any financial aid:
100% of first-year students
100% of full-time undergraduates
98% of part-time undergraduates
Students determined to have financial need who received any need-based gift aid:
99% of first-year students
92% of full-time undergraduates
84% of part-time undergraduates
Students receiving financial aid who received need-based self-help aid:
98% of first-year students
96% of full-time undergraduates
87% of part-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
2% of first-year students
4% of full-time undergraduates
2% of part-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
8% of first-year students
10% of full-time undergraduates
7% of part-time undergraduates
Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans):
55% for first-year students
54% for full-time undergraduates
40% for part-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$10,253 for first-year students
$10,223 for full-time undergraduates
$5,919 for part-time undergraduates
Average need-based gift award:
$7,389 for first-year students
$6,805 for full-time undergraduates
$3,127 for part-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$3,266 for first-year students
$4,157 for full-time undergraduates
$3,785 for part-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$3,266 for first-year students
$4,157 for full-time undergraduates
$3,785 for part-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
12% of first-year students
9% of full-time undergraduates
4% of part-time undergraduates
Average award to students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
$3,461 for first-year students
$3,420 for full-time undergraduates
$2,060 for part-time undergraduates

TYPES OF AID AVAILABLE
Types of loans available:
  • Direct Subsidized Stafford Loans
  • Direct Unsubsidized Stafford Loans
  • Direct PLUS Loans
  • FFEL Subsidized Stafford Loans
  • FFEL Unsubsidized Stafford Loans
  • FFEL PLUS Loans
  • State Loans
Percent of undergraduates who have borrowed through all loan programs: 66%
Average student debt upon graduation: $18,313
Need-based scholarships/grants available:
  • need-based (general)
  • Federal Pell Grants
  • SEOG
  • state scholarships/grants
  • college/university scholarships/grants (institutional funds)
  • private scholarships/grants
Non-need-based scholarships/grants available:
  • non-need-based (general)
  • academic merit scholarships/grants
  • special characteristics
  • ROTC scholarships

Data is copyrighted material under license to Peterson's, LLC. Material may contain updates provided solely by the institution to which the updated Data relates. These updates are not independently validated, and no party associated with this website can accept responsibility for their accuracy. Copyright © 2021 by Peterson's, LLC. All rights reserved.