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2022-2023 Financial Aid Overview - BUILD

Will you be starting the BUILD program at Bethel for the 2022-2023 school year? Here's what you need to know:

Understand Your Financial Options 

Financial aid is normally restricted to students seeking a degree (B.A., B.A., A.A.) Because BUILD students are seeking a certificate and not a degree, financial aid is limited to the programs listed below.

Apply for Aid 

FAFSA - This form will determine eligibility for BUILD Scholarships, Federal Pell Grant, Minnesota State Grant, and Minnesota ID Grant. Complete your 2022-2023 Free application for Federal Student Aid. We recommend completing the FAFSA by December 1 but no later than April 15. Be sure to include Bethel University (school code #002338) on the list of schools to receive your FAFSA information.

BUILD Resources/Benefits Verification form - Required for all BUILD students to complete. It communicates to the Financial Aid Office the benefits you expect to receive from third party sources.

Offers - Once you submit the appropriate documents, the Financial Aid Office, along with BUILD personnel will review the information and prepare your personal financial aid offer. After receiving your offer letter, there will be additional steps to complete.

Initial offers are normally sent out around May 1 through U.S. mail. Revised offers are sent out by email directly to the student. You can also access your financial aid offer through your Financial Aid Requirements channel in MyBethel. Click Financial Aid Award Offer and select the appropriate academic year from the dropdown list.

After You're Offered: After receiving your financial aid offer you should complete the following steps:

1. Sign up for proxy

While privacy laws prohibit us from sharing financial aid offer 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. Signing up for proxy gives permission for the Financial Aid Office to communicate with parents. Routine updates are sent via email to you, we encourage you to share these emails with parents when appropriate.

2. Finalize your third party funding

Such as Voc Rehab, Medicaid, Private Scholarships, etc. Please report any additional third party scholarship or changes to Voc Rehab and Medicaid benefits to the Financial Aid Office. This can be done by submitting a new or revised BUILD Resources/Benefits Verification Form.

 3. View your estimated school bill

View your estimated bill after you have been offered financial aid for the school  year. You can view estimated billing through the My Statements and Finances channel in MyBethel. Viewing the estimated bill will help you to determine if you need a payment plan, private parent loan or a combination of the two.

4. Sign up for a Payment Plan and/or Apply for a Private Parent Loan

You may enroll in a monthly payment plan to help you pay month by month. This is not available until after July 10.

Your parents may wish to borrow a Private Parent Loan on your behalf. They can review information, as well as apply for a private loan through FASTChoice. Please be aware that the College Ave Student Loan for Parents  is the only loan available to parents of BUILD students at this time. Apply by July 1.

5. Complete your Enrollment Checklist

View your Enrollment Checklist in MyBethel. Under the Home tab you'll find the section titled Enrollment Checklist. Items marked with a red X need to be completed.

Do you have an estimated offer?

Complete the verification process to get an updated offer.

Financial Breakdown

Visit this link to learn more about the costs associated with the BUILD program.

Special Circumstances
Sometimes situations limit what can be handled financially. We call these special circumstances. This could include unusually high medical expenses or a job loss. These special circumstances aren't factored in when you apply for aid, so there is an appeal process to have your Federal Pell Grant and Minnesota State Grant reviewed.

Important Dates and Deadlines
Please note our important dates and deadlines for the 2022-2023 school year.
Questions? Contact the Financial Aid Office by phone 651-638-6241 or email finaid@bethel.edu.