Avg. Federal Grant


Avg. Federal Loan


Total Aid Awarded

Bethel College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.


Total Aid Amount Average Total Aid Awarded per year.


Financial Aid Official Website


Interestingly, almost all of the students at BU receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $5,463,523 in a year. One can visit BU's financial aid page at http://www.bethelks.edu/admissions/financial-aid-scholarships-tuition/ for more information. Notably, a total of 49% of the applicants to Bethel University receive the Federal Grant every year. In comparison, 100% of the students are awarded the Student Grant, 100% get the Institution Grant, and 48% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,146, and the same stands at $7,681 for State Grant awardees and $15,714 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,547. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $19,260 per year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $20,551 and $14,961, respectively. Those with an annual income level of $75,001-$110,000 would receive $18,551, while candidates with more than $110,000 of family income receive an average federal aid of $18,295. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. Every year, around 68% of the applicants to Bethel University opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid


State Grant Aid


Institution Grant Aid


Pell Grant


Average Aid Awarded

Federal Grant Aid


State Grant Aid


Institution Grant Aid


Pell Grant


Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000


$30,001 - $48,000


$48,001 - $75,000


$75,001 - $110,000


Over $110,000


Student Loans for Bethel College

Average Loan Amount Average Loan Amount received per year.


Students Taking Out Loans


Loan Default Rate


Other Colleges In Indiana

Trine University
Trine University

Angola, Indiana

University of Evansville
University of Evansville

Evansville, Indiana

Ball State University
Ball State University

Muncie, Indiana

Other Private not-for-profit Colleges