Financial Aid & Scholarships
Our Commitment to You
Elim has always been and will continue to be committed to providing impactful and affordable Christian education. Our cost of attendance continues to remain affordable and
100% of our full-time students receive Financial Aid. We are committed to ensuring that out-of-pocket direct college expenses for full-time residential students will not exceed $13,900, regardless of the program they are enrolled in.
Financial Aid Opportunities
Our goal is to ensure that every student who desires to attend Bible college will not be held back because of finances. That is why 100% of full time Elim students will receive financial assistance. The financial information below will help you take steps forward. We invite you to contact our Financial Aid Office with any questions you have.
Net Price Calculator
Use this simple calculator to get an estimate of how affordable Elim can be for you!
Federal Aid
Aid provided by the United States Department of Education includes grants and federal work study (job on campus). For U.S. citizens and eligible non-citizens, filling out the application for Federal Student Aid (FAFSA) is a critical first step in determining your eligibility for federal aid. EBIC also uses information from the FAFSA form to determine institutional aid. Please see below for additional information.
Federal Loans
Elim Bible College offers a variety of federal loans. This is money that will need to be paid back with interest. Please see below for information on available loans.
Institutional Aid
EBC Institutional Aid is financial assistance that comes directly from the college and does not need to be paid back! Institutional Aid includes scholarships and campus employment. Please see below for additional information.
Veterans Benefits
Elim Bible College is approved by the New York State Department of Veteran Services, Bureau of Veterans Education, for veterans and other eligible persons.
If you are eligible for Veterans Benefits, please contact the Financial Aid Department at financialaid@elim.edu.
For more information on Veterans Benefits please visit:
Professional Judgement
EBC allows students to apply for federal professional judgment. Applicants may pursue professional judgment due to special or unusual circumstances; documentation is required in order to complete the professional judgment process.
To learn more about the documentation, criteria requirement, and professional judgment process, please contact the Financial Aid Office by email at financialaid@elim.edu.
International Applicants
Canadian Students are considered for EBC Institutional Aid eligibility after completing a Canadian Income Verification form. If the student is a resident of Ontario, they will need to apply for OSAP. For questions about the OSAP process, please contact the Financial Aid Office at financialaid@elim.edu.
All Other International Students: There are additional costs and requirements for international applicants. Please click here to learn more.
Federal Financial Aid (FAFSA)
For U.S. citizens and eligible non-citizens, filling out the application for Federal Student Aid (FAFSA) is a critical first step in determining your eligibility for federal aid as well as institutional aid.
The FAFSA school code for Elim Bible College is 042514.
Federal Loans
The loans offered at Elim Bible Institute and College are the following Federal loans: Direct Subsidized Loans, Direct Unsubsidized Loans, and PLUS Loans. A student loan is money borrowed that will have to be paid back with interest.
Complete a Master Promissory Note (MPN). This must be completed by all first-time borrowers before loans are disbursed. Upon graduation, withdrawal or decreasing enrollment to below half-time, students who take out a loan must complete Exit Counseling on the Federal Student Aid website. After Exit Counseling is completed, student then meet with the Financial Aid Officer to review loan repayment information.
As a student or parent borrower, your Federal loan information is submitted to the National Student Loan Data System (NSLDS), and will be accessible by guaranty agencies, lenders, and schools determined to be authorized users of the data system.
New York State Assistance
For U.S. citizens and eligible non-citizens, filling out the application for Federal Student Aid (FAFSA) is a critical first step in determining your eligibility for federal aid as well as institutional aid.
The TAP school code for Elim Bible College is 0580.
EBC Institutional Aid
Institutional Aid is awarded based on a student’s financial need and on a first-come, first served basis. We cannot guarantee the availability of Institutional Aid for Financial Applications received after Financial Deadlines. Institutional Aid does not apply to fees or any direct costs to EBC such as room and board costs while at the NYSUM internship in New York City.
Special Scholarships
Several special scholarship opportunities are available thanks to generous donors and supporters! View details and apply below, or contact financialaid@elim.edu with questions.
Pastor's Kid Full-Tuition Scholarship
Beginning in Fall 2026, Elim Bible College is excited to offer 10 full-tuition scholarships for children of EF pastors attending Elim as residential students for at least one year!
Scholarship Details:
Award Amount: Full Cost of Tuition (room and board not included)
Submission Format: Application
Eligibility: Open to up to 10 children of pastors and missionaries; awarded on a first-come, first-served basis.
How to apply:
Complete your Residential Application for the 2026-2027 academic year, and contact admissions@elim.edu with questions.
White Glove Moving & Storage 2026 Scholarship
White Glove Moving & Storage, with over 30 years of experience, helps individuals and families move with care and ease. We understand students' unique challenges and offer moving, packing, and storage solutions to simplify transitions. To support students, we offer a $1,000 scholarship to help with academic expenses. If you have an idea in mind and are ready to share it with the world, please submit your application.
Scholarship Details:
Award Amount: $1,000
Submission Format: Essay (500–750 words)
Topic: “The Most Challenging Move I Experienced and What It Taught Me.”
Eligibility: Open to high school seniors and college students enrolled in an accredited institution in New York or New Jersey.
Deadline: July 1, 2026, 11:59 PM EST. Late submissions will be declined.
How to apply:
- Write a 500- to 750-word essay on “The Most Challenging Move I Experienced and What It Taught Me.” Your essay should reflect on a personal moving experience that tested you in meaningful ways. Describe the challenges you faced during the move and how you navigated them. Consider what the experience taught you about resilience, adaptability, and personal growth, and how it influenced your perspective moving forward.
- Use a Google Doc document to submit your essay. Please ensure we can view it.
- Learn more and fill out the application form on this website:
Florida Step Up for Students
Elim Bible College is authorized as an Eligible Postsecondary Institution with Florida Step Up For Students. Through this program, homeschool families have access to up to $8,000 that can be directly applied to college credits at Elim!
In addition, eligible homeschool students wishing to take courses while still in high school can receive a 50% tuition discount! Inquire at admissions@elim.edu.