by our College Data Analytics TeamMany students will not be asked to pay the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total cost of going to Bethel University can seem overpowering, but remember that the majority of students are given some form of financial assistance.
Just what financial aid solutions can Bethel University Minnesota provide, and just what are you going to be eligible for? Keep reading for answers. Scroll down to learn 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 Bethel University.
Financial 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. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For freshmen starting at Bethel University, 100% of first-year full-time students received aid of some kind around 425 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $26,886 |
| Institutional grants & scholarships | 99% | $23,219 |
| Federal Pell grants | 22% | $5,023 |
| State/local grants | 38% | $6,351 |
| Federal student loans | 58% | $5,411 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At this school, around 72% of undergrads got grants or scholarships worth on average $24,856 (among about 1892 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 72% | $24,856 |
| Federal Pell grants | 19% | $4,921 |
| Federal student loans | 44% | $6,552 |
Title-IV recipients living on campus saw average grant aid of $30,013.
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 | $21,474 |
| $30,001 – $75,000 | $21,514 |
| Over $75,000 | $31,785 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $28,556 |
| Off-campus title-IV students | $28,439 |
For a personalized estimate based on your family’s financial situation, use Bethel University Minnesota’s NPC: www.bethel.edu/undergrad/financial-aid/process/before-apply/estimate/.
The median federal debt load at Bethel University Minnesota comes to $18,272 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $18,272 |
| Median federal debt (graduates only) | $21,500 |
| Typical 10-year monthly payment (graduates) | $227.94/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
A single median figure conceals how much debt outcomes differ student to student. The four reference points below map the debt distribution at Bethel University Minnesota.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $9,294 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $31,000 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $13,500 |
| Middle income | $17,652 |
| High income | $19,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $17,158 |
| Continuing-generation students | $19,000 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $19,500 |
| Independent students | $12,500 |
A handful of calculated indicators summarize the debt outlook at Bethel University Minnesota.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at Bethel University Minnesota:
| Metric | Value |
|---|---|
| Stafford loan recipients | 13770 |
| Total Stafford loan amount | $336,496,719 |
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 | 36 |
| Total GI Bill amount | $919,950 |
| Average GI Bill amount per recipient | $25,554 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 22 |
| Total DoD amount | $64,625 |
| Average DoD amount per recipient | $2,938 |
References
More about our data sources and methodologies.