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General Financial Aid Questions

What is Financial Aid?

When will I receive my Financial Aid Offer?

When will my aid be disbursed?

What types of scholarships or Financial Aid can I apply for?

Where can I apply for additional scholarships?

What is the status of my Financial Aid?

What do I need to do to accept my Financial Aid?

Do I have everything turned in for my Financial Aid?

Can I attend classes if I have not received Financial Aid yet?

What happens to my Financial Aid if I drop/withdraw from a course?

If I add more credits, how much will my Pell and/or Minnesota State Grant increase by?

My FAFSA does not reflect my current financial situation, what can I do?

My parents don't support me at all, why do I need to provide their information on the FAFSA?

Did you get my FAFSA, MPN, Verification form, etc.?

How do I accept my offer/loans?

How much in loans should I borrow for my classes each semester?

I accepted the PLUS/Private loan and I don't understand why I still have a bill.

Where do I find a private loan?

What happens to my financial aid if I receive an outside scholarship?

How do I find a job on campus?

How do I get into MyBethel?

What is Financial Aid?

Financial Aid is any grant or scholarship, loan, student employment offered to help a student meet college expenses. 

When will I receive my Financial Aid Offer?

Within two weeks of receiving all of the Financial Aid Checklist Requirements, a Financial Aid Award will be sent out.

When will my aid be disbursed?

  • CAS: Financial Aid will disburse on or around the third week of August for fall. If you are taking a January extended spring class, aid will disburse on or around the first week of January for spring. If you are not taking an extended spring class, aid will disburse in early February. The first week of June is when summer semester aid will post
  • CAPS/GS and Seminary: Financial Aid will disburse on the first day of the first class taken in either the fall/spring/summer. Thus there are usually three disbursement (one each semester).

What types of scholarships or financial aid can I apply for?

 Go to Financial Aid. Choose your school, then click on Apply for Aid, followed by Types of Aid.

Where can I apply for additional scholarships?

Outside scholarships and search engines can be found on Bethel's website>financial aid>types of aid>scholarships>private scholarships. CAS students apply for departmental scholarships prior to February 10 at your MyBethel. Outside scholarship can also be found in the Financial Aid Office Outside Scholarships Book.

What is the status of my Financial Aid?

View Financial Aid Award at  https://banner.bethel.edu/prod8/bwrkrhst.P_DispAwdAidYear. Then click on Award Overview.

What do I need to do to accept my Financial Aid?

https://banner.bethel.edu/prod8/bwrkrhst.P_DispAwdAidYear to accept the loans and gift aid. Once you accept gift aid, a thank you note requirement will be generated. The thank you note will also need to be completed in order to fully accept your aid. You will also need to fulfill the annual requirement to read and acknowledge Financial Aid Terms and Conditions.

Do I have everything turned in for my Financial Aid?

If you have not yet been offered financial aid, either complete the FAFSA or let the Financial Aid Office know if you will not be doing the FAFSA by completing the FAFSA Opt-Out Form. If you have been offered financial aid, check MyBethel Checklist for items that still need to be completed.

Can I attend classes if I haven't received Financial Aid yet?

Yes. Make sure the student account balance will be affordable to make payments on if you are not using Financial Aid.

What happens to my Financial Aid if I drop/withdraw from a course?

If you withdraw from a course during the semester, talk to your Financial Aid Counselor because it could impact other semesters, reduce the amount of scholarships/grants for the current semester--or it may have no impact at all.

If I add more credits how much will my Pell and/or Minnesota State Grant increase by?

For CAS students, Pell and MN State Grants are locked on the 10th day of class. For CAPS students, adding or decreasing the amount of credits in a semester may affect the Pell or State Grant. Check with your Financial Aid Counselor for details. Email: finaid@bethel.edu.

My FAFSA does not reflect my current financial situation. What can I do?

You will need to submit an appeal.

My parents don't support me at all. Why do I need to provide their information on the FAFSA?

FAFSA considers the student to be dependent if the student is under the age of 24, not married, without dependent children and not homeless/ward of the court/orphaned, etc. Thus a dependent student must include parent information even if the parent does not offer financial support.

Did you get my FAFSA, MPN, Verification form, etc?

You can see what has been received by going to MyBethel>Checklist and if there are items listed as expected, we have not received the item (allow 3-5 business days once you submit the item to be entered into this system). If you are missing Direct Loan Entrance Counseling or Master Promissory Note, please visit the Federal Student Aid website to complete those items.

How do I accept my offer/loans?

MyBethel>Checklist>'Financial Aid Award' Button>Click 'here'>Select the Year>Click 'Accept Award Offer' Tab. If you wish to decline your loans, you can decline your loans here, as well.

How much in loans should I borrow for my classes each semester?

For CAPS/GS/Seminary take the amount of credits you plan to take for the year and multiply by the tuition rate for your program. Keep in mind that the loan is split evenly over all semesters. If you are a CAPS/GS/Seminary student and wish to receive uneven loan disbursements, please contact our office by email with your request.

I accepted the PLUS/Private loan and I don't understand why I still have a bill?

In order to have the funds from a PLUS loan or Private loan, the student or parent must complete a loan application for the loan of your choosing. Please check out the webpage for options

Where do I find a private loan?

Go to https://www.bethel.edu/financial-aid/. Click on Apply for Aid. Click on Types of Aid. Click on Loans. Click on Private loans to view the list of preferred lenders and view the link to apply.

What happens to my financial aid if I receive an outside scholarship?

Bethel gift aid will be reduced if receipt of an outside scholarship causes the total gift aid to exceed Bethel's cost of attendance.

 

How do I find a job on campus?

Find a list of student employment jobs.

How do I get into MyBethel?

my.bethel.edu>click "Problems Logging In?" OR call the IT Help Desk at 651-638-6500. If the issue is not a Log-In/Initial Set-up problem, contact the appropriate Admissions Office: 

Admissions Office: CAS 651-638-6242, CAPS/GS 651-635-8000, Seminary 651-638-6288.

Federal Financial Aid Questions

How do I know what loans I've taken out?

Who is my lender for either Federal or Private loans and how do I contact them?

How much total have I taken out in federal loans?

When and how do I start paying back my loans?

How do I know what loans I've taken out?

For federal loans: Visit Federal Student Aid. Contact your private loan servicer for information about any private loans taken. If you are not sure about private loans taken, contact your Financal Aid Counselor at 651-638-6241.

Who is my lender for either Federal or Private loans and how do I contact them?

You can see your federal loan servicer at Federal Student Aid. If you're not sure who your private lender is, contact your Financial Aid Counselor at 651-638-6241.

How much total have I taken out in federal loans?

You can see your federal loan history at Federal Student Aid.

When and how do I start paying back my loans?

For most loans, repayment will start after graduation or after falling below half time status.

 

Business Office Questions

How much do I owe?

I have a credit balance on my student account from my loan. When or how can I get an overage check? Or, I need some of the aid now to pay for books.

I have an outside scholarship. Where should I bring the check?

What is the 1098-T form and where do I get it?

How do I find my W2 from working at Bethel?

 

 

How much do I owe?

Call the Business Office (651-638-6208) to inquire about the student account balance or MyBethel>Home>My Statements and Finances>Bethel Account

I have a credit balance on my student account. When or how can I get an overage check or, I need some of the aid now to pay for books.

Contact the Business Office if you wish to have a refund check issued for a credit currently on the student account. Business Office phone: 651-638-6208 or email: business-office@bethel.edu

I have an outside scholarship. Where should I bring the check?

The check should be dropped off in the Business Office (5th floor of Anderson) or drop it in the secure dropbox by the campus store. 

What is the 1098-T form and where do I get it?

It is a tax form that lists tuition expenses and scholarships received. For access to the form:

  1. Log into MyBethel
  2. Tools & Resources
  3. Click on Banner
  4. Self-Service Banner
  5. Student tab
  6. Student Account
  7. Select Tax Year
  8. Enter the Year
  9. Click Submit
  10. Tax Notification

 How do I find my w2 from working at Bethel?

For access to the W2:

  1. Log into MyBethel
  2. Student Employment
  3. More Resources
  4. Tax forms
  5. W-2 and Tax Statement
  6. Select Tax Year
  7. Click Display

 

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