by our College Data Analytics TeamFinancial aid in the form of loans, grants, work-study, and scholarships is one way colleges reduce the cost of attendance so most students can actually afford to attend.
Discover the financial aid possibilities at BLC and learn what assistance you might qualify for by continuing to read.
Bethany Lutheran College average financial aid offer for freshmen students is $21,573.00. 98% of first-year students are awarded financial aid, primarily comprising grants and scholarships.
Financial aid contains loans, grants, and scholarships. But college loans need to be repaid, thus they are not a real college discount.
A college loan is not a true college discount, but rather an outcome to consider. Find out how much student loan debt from Bethany Lutheran College you may end up taking on.
Institutional scholarships and grants are financial aid awards given by colleges and universities to help students manage tuition costs and other education-related expenses. These awards, which do not need to be repaid, can be classified as merit-based or need-based. Students who excel academically, possess unique talents, or have specific skills can be eligible for merit-based institutional scholarships. Factors such as high school performance, standardized test scores, or participation in extracurricular activities often contribute to eligibility for these scholarships. Need-based institutional grants, on the other hand, are awarded to students who demonstrate financial need. The amount given is generally based on the student’s family’s financial situation, aiming to cover the gap between the cost of attendance and the family’s capacity to pay. To assess a student’s eligibility for need-based grants, colleges and universities may rely on information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants are essential for students, as they can substantially lower college expenses and make higher education more affordable.
The numbers listed below make reference to help that is offered by Bethany Lutheran College.
98% of incoming freshmen (174 total) were awarded scholarships at Bethany Lutheran College, averaging $17,894.00 a piece. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 74% of first years (131 total) were awarded federal grant aid, averaging $2,431.00 each.
The following table shows scholarship and grant allocations by income for first-year students receiving any form of federal Title IV assistance, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 10.67% | $27,670.00 |
| Income 30k-48k | 7.30% | $26,530.00 |
| Income 48k-75k | 11.80% | $25,886.00 |
| Income 75k-110k | 13.48% | $20,776.00 |
| Income 110k + | 19.10% | $16,938.00 |
The table above shows students who are receiving Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more.
174 BLC undergrads obtain grant aid (this is about 98% of the entire undergraduate student population). The average amount these students receive is $21,573.00.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.
