by our College Data Analytics TeamMost students will never be charged the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total cost of going to Bethany College can seem overwhelming, but bear in mind that many students are given some form of financial aid.
Just what financial assistance solutions will Bethany College West Virginia deliver, and just what are you going to be eligible for? Read on for answers. Keep going to learn how much school funding will be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The figures below will help you estimate the aid you might receive from Bethany College.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Looking at the entering class at Bethany College, 100% of new full-time first-years were awarded at least some aid approximately 239 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $31,646 |
| Institutional grants & scholarships | 99% | $24,990 |
| Federal Pell grants | 65% | $6,428 |
| State/local grants | 22% | $3,349 |
| Federal student loans | 85% | $6,296 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At this school, approximately 99% of the undergraduate population received grant aid that averaged $33,617 (among about 637 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 99% | $33,617 |
| Federal Pell grants | 51% | $6,269 |
| Federal student loans | 75% | $10,708 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $32,153.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $9,869 |
| $30,001 – $75,000 | $12,611 |
| Over $75,000 | $22,465 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $18,605 |
| Off-campus title-IV students | $15,306 |
To get a personalized net price estimate, try Bethany College West Virginia’s online cost calculator: www.bethanywv.edu/admissions-aid/cost-of-attendance/net-price-calculator/.
The median student at Bethany College West Virginia graduates with $23,750 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $23,750 |
| Median federal debt (graduates only) | $27,000 |
| Typical 10-year monthly payment (graduates) | $286.24/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The numbers below show the full range, not just the middle of the distribution. The four reference points below map the debt distribution at Bethany College West Virginia.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $7,500 |
| 75th percentile | $33,800 |
| 90th percentile (highest-debt students) | $43,630 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $14,250 |
| Middle income | $25,283 |
| High income | $25,125 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $25,500 |
| Continuing-generation students | $19,167 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $23,750 |
| Independent students | $23,000 |
A handful of calculated indicators summarize the debt outlook at Bethany College West Virginia.
Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at Bethany College West Virginia:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4125 |
| Total Stafford loan amount | $70,066,987 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 6 |
| Total GI Bill amount | $62,677 |
| Average GI Bill amount per recipient | $10,446 |
References
More about our data sources and methodologies.