Bethel Seminary

Frequently Asked Questions:

How Is My Financial Aid Affected by...

Private scholarships?

Bethel encourages students to seek scholarships from other sources. Bethel-controlled gift aid is only reduced if a student's total gift aid exceeds the tuition charges students pay Bethel. Loan eligibility will only be reduced if needed to keep the student's total aid package within federal limits.

Dropping credits or withdrawing from Bethel?

Students must be enrolled for eight or more credits per quarter to receive Bethel grants and scholarships and must be enrolled for at least four credits per quarter to maintain their Stafford Loan eligibility. Students considering dropping credits or withdrawing from seminary mid-term should contact the Office of University Financial Aid before making changes in their enrollment level to determine any financial aid impact these changes may produce.

How do I find information regarding student loan consolidation?

The federal consolidation loan program allows a student to put all his/her federal educational loans into one new "consolidated" loan. General information about student loan consolidation can be found at www.finaid.org/loans/consolidation.phtml. for specific information regarding loan consolidation, please contact your lender.

You may use the following list of lenders' toll-free numbers and links to their consolidation information.

AFG (consolidation offered through servicer, SLFC) - 877.740.9334
Bremer Bank - 800.645.7366
Citibank - 800.967.2400
Edamerica - 800.337.1009
Key Bank - 800.539.5363
SLXpress - 866.759.7737
TCF (consolidation offered through servicer, SallieMae) - 800.533.1723
Total Higher Education or T.H.E. (formerly NorthStar) - 800.333.3110
U.S. Bank - 800.242.1200
Wells Fargo - 800.658.3567

Additional general information about student loan consolidation can be found at www.finaid.org/loans/consolidation.phtml.