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2023-2024 Financial Aid Overview - BUILD

Will you be starting the BUILD program at Bethel for the 2023-2024 school year? Here's what you need to know:

Understand Your Financial Options

Financial aid is normally restricted to students seeking a degree (B.A., B.S., A.A.) Because students in BUILD are seeking a certificate and not a degree, financial aid options are limited to the programs listed below.

Apply for Aid

Free Application for Federal Student Aid (FAFSA)

Complete your 2023-2024 FAFSA. The FAFSA form will determine eligibility for BUILD Scholarships, Federal Pell Grant, Minnesota State Grant, and Minnesota ID Grant. We recommend completing the FAFSA by December 1 but no later than April 15. Be sure to include Bethel University (school code #002338) on the list of schools to receive your FAFSA information.

BUILD Resources/Benefits Verification Form - Required for all students in BUILD to complete. This commmicates to the financial aid office the benefits you expect to receive from third party sources.

Offers

Once you submit the appropriate documents, the Office of Financial Aid, along with BUILD personnel, will review the information and prepare your personal financial aid offer. After receiving your offer letter, there will be additional steps to complete.

Initial offers are normally sent out around May 1 through U.S. mail. Revised offers are sent out by email directly to the student. You can also access your financial aid offer through your Financial Aid Requirements channel in MyBethel.

After You're Offered

After receiving your financial aid offer you should complete the following steps

  1. Sign up for proxy

    While privacy laws prohibit us from sharing financial aid offer information with your parents, spouse, or other third party, we have provided a way for you to authorize others to view such information in your student account: proxy access. Signing up for proxy gives permission for the Office of Financial Aid to communicate with parents. Routine updates are sent via email to you. We encourage you to share these emails with parents when appropriate.

  2. Finalize your third party funding

    Finalize funding such as Voc Rehab, Medicaid, Private Scholarships, etc. Please report any additional third party scholarships or changes to Voc Rehab and Medicaid benefits to the financial aid office. This can be done by submitting a new or revised BUILD Resources/Benefits Verification Form.

  3. View your estimated school bill

    You can view estimated billing after you have been offered financial aid for the school year through the My Statements and Finances channel in MyBethel. Viewing the estimated bill will help you to determine if you need a payment plan, private parent loan or a combination of the two.

  4. Sign up for a payment plan and/or apply for a Private Parent Loan

    You may enroll in a monthly payment plan to help pay month by month. This is not available until after July 10.

    Your parents may wish to borrow a Private Parent Loan on your behalf. They can review information, as well as apply for a private loan through FASTChoice. Please be aware that the College Ave Student Loan for Parents is the only loan available to parents of students in BUILD at this time. Apply by July 1.

  5. Complete your Enrollment Checklist

    View your Enrollment Checklist in MyBethel. Under the Home tab you'll find the section titled Enrollment Checklist. Items marked with a red X need to be completed.

 


Do you have an estimated offer?

Complete the verification process to get an updated offer.

Financial Breakdown

Learn more about the costs associated with the BUILD program.

Special Circumstances

Sometimes situations limit what can be handled financially. We call these special circumstances. This could include unusually high medical expenses or a job loss. These special circumstances aren't factored in when you apply for aid, so there is an appeal process to have your Federal Pell Grant and Minnesota State Grant reviewed.

Important Dates and Deadlines

Please note our important dates and deadlines for the 2023-2024 school year.

Questions? Contact the financial aid office by phone 651.638.6241 or email finaid@bethel.edu.