Financial Aid Calculator
Most traditional undergrad students at Bethel receive grants or scholarships to help reduce the cost of tuition. Use this calculator to get a quick estimate of your net expenses at Bethel University if you’re a dependent student planning to enroll full time.
|Tuition & Fees||$29460|
|Room & Board||$8530|
|Books & Supplies||$1060|
|Other (personal, transportation, etc.)||$2250|
- An item of value such as cash, savings, stocks, real estate, mutual funds, trust funds and other investments. When reporting assets on this estimate, do not include the net value of your home, life insurance or retirement plans (401(k) plans, pension funds, annuities, non-education IRAs Keogh plans, etc.).
- For financial aid purposes, a student is considered “dependent” when parents must provide financial information on their Free Application for Federal Student Aid (FAFSA). In general students are dependent until they are married, are at least 25, or provide more than half of the financial support for their child. (The Internal Revenue Service’s definition of “dependent” is mutually exclusive from the financial aid office’s use of this term. Students do not become “independent” for financial aid purposes just because their parents choose to not claim them as dependents on their parents’ federal tax return.)
- Gift aid
- Grants and/or scholarships that do not need to be repaid. 99% of our full-time, first-year undergraduate students received assistance through scholarships and grants in the 2010-11 academic year. [NOTE: the 99% reflects 631 of 633 full-time, new CAS students enrolled in 2010-11 that received some type of grant or scholarship.]
- Federal Direct Loans
- Federal Direct Loans that can be borrowed without a credit check or co-signer.
- Student employment
- Designated amount of earning potential through campus jobs. Students are paid every pay period based on hours worked.
- Your share
- The remaining cost of tuition, room and board, books and supplies, transportation, and personal items for the academic year. Monthly payment plans and additional credit-based educational loans are available to help pay these expenses.
Who is the calculator for?
The calculator is built for students who meet these requirements:
- Must provide parental data on their financial aid forms (considered “dependent” for financial aid purposes)
- Earned no more than $4,500 during the most recent calendar year
- Assume that parents’ net assets do not exceed $50,000 (or $25,000 for single-parent households)
- Graduated from high school in their state of residence
- Will not receive full-tuition grants or scholarships (e.g. ROTC, Employer Tuition< Benefit)
- Will enroll full-time, for both fall and spring terms
How is the estimate determined?
To make an estimate, we take your background and academic experience, and then look at the average awards we offered to similar students who started at Bethel this past fall. With the information we collect, we can't always determine the exact amount of gift aid (grants and scholarships) you'll receive. We've provided a second graph with an estimated range of gift aid to give you a better picture of what your award could look like (95% of students received total gift aid in the posted ranges).
The cost of attendance reflects tuition, room, board, books, supplies, transportation, and personal expenses for a dependent undergraduate living in campus housing. The cost of attendance for students living off-campus during 2010-11 was $39,950. The cost of attendance for students living with parents during 2010-11 was $35,180. Students not living in campus housing are eligible for all forms of grants, scholarships, loans and student employment with the exception of Campus Housing Grants/Scholarships, which are $1,000-$2,000 per year.
Terms and Conditions
These estimates apply only to full-time, first-time, degree-seeking undergraduate students enrolled in the College of Arts and Sciences. These estimates do not represent a final determination of financial assistance or a final net price; they are only estimates based on financial aid provided to students in 2011-2012. Price of attendance and financial aid availability changes year to year. These estimates shall not be binding on the Secretary of Education, Bethel University, or the State of Minnesota.
For More Information
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