Bethany College Financial Aid and Scholarships
Students Receiving Aid
90%
Total Aid Amount
$20.470M
Financial Aid Official Website
https://www.bethanylb.edu/future/financial-aid/
Notably, 98% of the students at Bethany College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $4,404,272. The total percentage of candidates applying to Bethany College who receive the Federal Grant is 57%. In comparison, 98% of the students are awarded the Student Grant, 98% get the Institution Grant, and 57% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,876, while the same comes to $3,590 for State Grant receivers and $21,158 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $5,033. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. At BC, an estimated number of 95% of the applicants choose to go for student loans.
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