Types of Aid
Most financial aid falls under 2 main categories:
- Gift aid: Grants and scholarships that you don’t need to repay.
- Self-help aid: Loans that you will repay after graduation and funds you can earn through student employment.
Scholarships are given in recognition of what you've accomplished through academic study, musical talent, service projects, and future goals.
Grants are a type of gift aid typically awarded based on your financial need.
Student loan programs let you borrow money to help pay for your education. Repayment of most educational loans begins after you graduate. Because loans must be repaid, you should plan your borrowing carefully.
Bethel's work-study program helps you pay for college expenses by working part time on campus or in an off-campus community service position.
Veterans and their dependents, or students currently serving in the military, may be eligible for additional benefits from military programs.