by our College Data Analytics TeamA large number of students are not billed the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at Bethany Global University can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
Just what financial assistance solutions will BGU provide, and just what are you going to be eligible for? Read on for answers. Keep going to find out just how much financial aid will be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The information provided on this page can help you determine how much aid you may receive from Bethany Global University.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
At Bethany Global University, 100% of entering full-time freshmen got some type of financial assistance some 28 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $5,426 |
| Institutional grants & scholarships | 82% | $3,174 |
| Federal Pell grants | 50% | $5,519 |
| State/local grants | 0% | — |
| Federal student loans | 68% | $6,969 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Here, roughly 100% of the undergraduate population received grant aid that averaged $10,787 (across approximately 162 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $10,787 |
| Federal Pell grants | 59% | $4,794 |
| Federal student loans | 57% | $5,777 |
On-campus students receiving title-IV aid were awarded grants averaging $5,426.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $20,849 |
| $30,001 – $75,000 | $21,264 |
| Over $75,000 | $20,512 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $37,790 |
| Off-campus title-IV students | $17,357 |
To project your own net price, use BGU’s net price calculator: www.bethanygu.edu/cost-aid/undergraduate/net-price-calculator/.
The median student at BGU graduates with $11,598 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $11,598 |
| Median federal debt (graduates only) | $12,000 |
| Typical 10-year monthly payment (graduates) | $127.22/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The median alone does not show how widely outcomes vary across the student body. The figures below chart the debt distribution at BGU.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $4,050 |
| 75th percentile | $12,000 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $10,500 |
| Middle income | $12,000 |
| High income | $12,000 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,000 |
| Continuing-generation students | $10,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $11,347 |
| Independent students | $14,880 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. BGU.
Stafford loans make up the bulk of federal direct lending to undergraduates. These figures summarize annual Stafford program activity at BGU:
| Metric | Value |
|---|---|
| Stafford loan recipients | 504 |
| Total Stafford loan amount | $5,706,962 |
References
More about our data sources and methodologies.