by our College Data Analytics TeamThe majority 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 sum total of attendance at Bethany Lutheran College can sound overpowering, but remember that the majority of students get some type of financial assistance.
Just what financing solutions does BLC deliver, and just what are you going to be eligible for? Keep scrolling for answers. Scroll down to discover how much school funding could be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Use the information below to understand how much financial assistance you may get from Bethany Lutheran College.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. However, some types of aid are more desirable than others, and some students will receive more than others.
Among first-time, full-time freshmen at Bethany Lutheran College, 100% of first-time, full-time freshmen received some form of financial aid some 189 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $19,865 |
| Institutional grants & scholarships | 100% | $16,104 |
| Federal Pell grants | 30% | $5,034 |
| State/local grants | 34% | $6,347 |
| Federal student loans | 56% | $4,886 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At BLC, about 80% of undergraduate students received gift aid averaging $19,955 (across approximately 676 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 80% | $19,955 |
| Federal Pell grants | 22% | $5,068 |
| Federal student loans | 44% | $5,925 |
Title-IV recipients living on campus saw average grant aid of $20,865.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $12,946 |
| $30,001 – $75,000 | $13,625 |
| Over $75,000 | $21,130 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $20,148 |
| Off-campus title-IV students | $17,680 |
For a personalized estimate based on your family’s financial situation, use BLC’s net price calculator: www.blc.edu/net-price-calculator.
A typical borrower at BLC leaves with $15,935 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $15,935 |
| Median federal debt (graduates only) | $23,000 |
| Typical 10-year monthly payment (graduates) | $243.84/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The four reference points below map the debt distribution at BLC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $8,000 |
| 75th percentile | $25,812 |
| 90th percentile (highest-debt students) | $28,812 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $12,000 |
| Middle income | $16,000 |
| High income | $18,082 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,560 |
| Continuing-generation students | $16,438 |
The figure below distills the debt data into a single burden category for BLC.
Most undergraduate borrowing runs through the federal Stafford loan program. The annual Stafford volume below reflects program activity at BLC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2240 |
| Total Stafford loan amount | $29,798,766 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 3 |
| Total GI Bill amount | $47,948 |
| Average GI Bill amount per recipient | $15,983 |
References
More about our data sources and methodologies.