
2007-2008 Academic Year
Who qualifies for financial assistance?
At Bethany Lutheran College, over 95% of students are eligible for need-based
assistance or merit-based scholarships.
How much financial assistance is available to me personally?
You can use our convenient Financial Aid Estimate Request form to get a personalized
estimate of what financial aid you could be awarded.
How can I determine my out-of-pocket expense for attending
Bethany?
Once you've received a financial aid estimate or official award letter, use our
Net Cost Calculator
to get a good estimate of your final costs after aid.
How do I apply for financial assistance for future years?
Since financial assistance is calculated on an annual basis, you are responsible
for completing a new or renewal FAFSA every year. The priority deadline for financial
aid applications is April 15. Institutional need-based aid may be reduced for
applications received after this date.
If I receive an outside scholarship, will I lose some of my aid?
Bethany Lutheran College's policy regarding outside scholarships is to reduce
a student's work-study allowance or federal loan, but it will generally not
reduce the availability of grants or scholarships. This is done both to encourage
the search for outside scholarships and to reduce borrowing or time commitments
due to student employment.
Use caution when using paid scholarship search services, as many are fraudulent
or make false claims. Visit the Federal Trade Commission web site for more information
on scholarship scams. It is generally best to search for scholarships on your
own. Your school guidance counselor or local library may be able to help you
begin your search. Check with your parents' employers and insurance companies
for possible education benefits.
How do I determine if I can claim independent status?
The Financial Aid Office is required to adhere to the standard criteria defined
by the United States Department of Education when determining independent student
status. According to this definition, students will be considered an independent
if the student meets ANY of the following criteria:
- Were you born before January 1, 1984?
- Will you be working on a masters or doctorate program during the 2007-08 school year?
- As of today, are you married?
- Do you have children who receive more than half of their support from you?
- Do you have dependents (other than your children or spouse) who live with you and who receive more than half of their support from you, now and through June 30, 2008?
- Are you an orphan or ward of the court or were you a ward of the court until age 18?
- Are you a veteran of the U.S. Armed Forces?
- Are you currently serving on active duty in the U.S. Armed Forces for purposes other than training?
|