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2019-2020 Financial Aid Overview

Seminary students, here’s what you need to know:

Apply for admission – If you still need to apply for admission, talk to the admissions team or get started on your admissions application now.

Apply for Aid – Complete your 2019-2020 Free Application for Federal Student Aid at fafsa.gov. We recommend that you use the IRS Data Retrieval Tool when completing your FAFSA to minimize the chance that your application is selected for verification. Be sure to include Bethel University (school code #002338) on the list of schools to receive your FAFSA information.

Enrolled in a Doctor of Ministry program? Learn about the availability of aid for doctorate students.

After You're Awarded

You should receive your award via email within 2-3 weeks of submitting all required materials. You can also view your financial aid award online through MyBethel [Checklist tab > Financial Aid Award button > select the appropriate academic year from the dropdown list].

* Please pay close attention to this list of important dates and be aware of approaching deadlines.

*We plan to begin awarding Seminary students for the 2019-2020 school year in early March, 2019.

1. Estimate your school bill

By subtracting your offered aid from your estimated school bill, you can start planning for how you'll pay the remaining balance if there is one, with cash or loans. Your charges may vary by term depending on the number of credits you take.

2. Accept or Decline Your Loans

If you need to borrow loans, compare your options. This will help you find the best loan for you.

When you know which loan(s) you'd like to borrow, you will need to accept or decline your offered loans by accessing your financial aid award through the Financial Aid Requirements channel in MyBethel: Click Financial Aid Award> Select the appropriate academic year from the drop down list> Click the Accept Award Offer tab> Decide how much of your Direct Subsidized/Unsubsidized Loan or PLUS/Private Loan Eligibility you want to borrow for the full year, and follow the instructions> Click Submit Decision.

  1. If you accept your Direct Unsubsidized Loan and you're a new Bethel borrower, you must complete both loan entrance counseling and a master promissory note (MPN). Be sure to select "Complete Master Promissory Note" and "Complete Entrance Counseling." Please note—completing the "Financial Awareness Counseling" does not satisfy the loan entrance counseling requirement. You'll need to log in to complete entrance counseling and sign your MPN. Select Minnesota as the School State when completing these requirements.
  2. If you accept the PLUS/Private Loan Eligibility this indicates to the Financial Aid Office that you will be applying for a Private Loan. There is a separate application process for these loans.

3. Report Private Scholarships

Let us know about any private scholarships by accessing your financial aid award through the Financial Aid Requirements channel in MyBethel. Once you're in your award information, click the Resources/Additional Information tab and follow the instructions.

4. Notify Financial Aid of Changes in Enrollment Assumptions

Enrollment and housing assumptions used to prepare your financial aid award are listed on the bottom of the paper financial aid award letter. Use the online update form to notify the financial aid office of changes in your anticipated enrollment.

5. Payment Options

Please see the information about payment options on the Business office website for detailed information on payments.

6. Check Your Status

View the status of your documents and requirements through your financial aid checklist in MyBethel [checklist tab]. Items marked with a red flag need to be completed. Click on the link provided to complete an item.

7. Sign up for Proxy

While privacy laws prohibit us from sharing financial aid award information with your parents, spouse, or other third party, we have provided a way for you to authorize others to view such information in your student account: proxy access.

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Do you have an Estimated Award?

Complete the verification process to get an updated award.

Important Dates and Deadlines

Please note our important dates and deadlines for the 2019-2020 school year.