$5,113

Avg. Federal Grant

$5,664

Avg. Federal Loan

$8,578,958

Total Aid Awarded

Bethel College-North Newton Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

92%

Total Aid Amount Average Total Aid Awarded per year.

$8.579M

Financial Aid Official Website

www.bethelks.edu/admissions/financial-aid-scholarships-tuition/

It is interesting to note that almost every student at BCNN receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $2,226,719. The total percentage of candidates applying to Bethel College-North Newton who receive the Federal Grant is 40%. On the other hand, 100% of the candidates get the Student Grant, 100% receive the Institution Grant, and 40% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,374, while the same comes to $2,881 for State Grant receivers and $17,196 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,408. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At BCNN, an estimated number of 80% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

41%

State Grant Aid

33%

Institution Grant Aid

99%

Pell Grant

41%

Average Aid Awarded

Federal Grant Aid

$5,113

State Grant Aid

$2,891

Institution Grant Aid

$15,806

Pell Grant

$4,604

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$18,682

$30,001 - $48,000

$19,189

$48,001 - $75,000

$22,594

$75,001 - $110,000

$18,932

Over $110,000

$1,701

Student Loans for Bethel College-North Newton

Average Loan Amount Average Loan Amount received per year.

$6,719/Year

Students Taking Out Loans

75%

Loan Default Rate

N/A

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