Determination of the Withdrawal Date. The withdrawal date will be the date the Registrar’s Office determines as the last date of academic activity, utilizing either the Official Withdrawal from College form with required signatures or attendance information from professors. Students who do not officially withdraw from Bethany College will have their withdrawal date set as the last date of academic activity as determined by the Financial Aid Office.
should complete the FAFSA online at www.studentaid.gov each year. Bethany College’s name and Title IV code (001904) must be listed on the FAFSA in order for the College to receive a copy of the results. Bethany College’s priority deadline is April 1. Students who have completed the FAFSA and submitted all requested documents by this deadline are guaranteed full consideration for grants. After this date, grants are awarded if funds are still available.
Refund of Credit Balances
The information reported on the FAFSA is used to determine a student’s expected family contribution (EFC), an amount the student and parent(s) or spouse are expected to contribute toward their education. The EFC is subtracted from a student’s cost of attendance to determine his/her financial need. Bethany College will attempt to put together a financial aid package that comes as close as possible to meeting a student’s demonstrated financial need.
Credit balances, if any, and after deduction of any outstanding Emergency Student Loans, will be refunded to students beginning at the end of the “Drop and Add” period each semester. There will be no refunds for anticipated credits. Only those credits that have been posted and actually appear on the books and records of the college will be refunded. Student accounts are reviewed weekly to determine if a student has a credit balance.
The Department of Education may select students for a process known as verification. When selected for verification, the student and parent(s) or spouse must complete a verification worksheet and submit documents, which may include either using the IRS Data Retrieval when submitting the FAFSA or submit tax return transcripts to the Bethany College Financial Aid Office. The Financial Aid Office will contact the student to request information needed to complete this process. The College is required by the U.S. Department of Education to review the documents to ensure the information reported on the FAFSA is correct.
College Operations Should the college’s operations, in person or face-to-faceinstruction be suspended, interrupted, modified or altered due to events—such as acts of God, force majeure, government mandate, or recommendation or best practice issued by the state and/or county health director—such college instruction, and supportive services, tailored within the parameters determined by the above-mentioned event(s), will not deviate from the college’s pedagogical standards developed to meet individual course objectives and course outcomes. These standards, objectives, outcomes and supportive services offered by the college will continue to serve the best interest of students, meaning a change in delivery will not warrant a refund of tuition, room and board, or other fees.
Student Eligibility for Financial Aid Full-time students are eligible to receive financial assistance from Bethany for up to ten semesters and can contact the Financial Aid Office for more information. A maximum of six years of full-time enrollment (or the equivalent in part-time enrollment) or an accumulation of 186 credits will be allowed for the completion of degree requirements. After the maximum time frame has elapsed, a student is no longer eligible for financial aid. Part-time students enrolled in at least six semester hours may be eligible for Pell Grant, Direct Loans, and Federal Work Study. Part-time students are not eligible to receive Bethany-funded merit or need-based grants or scholarships. For financial aid purposes, half-time status is 6-8 credit hours per semester, three-quarter-time is 9-11 credit hours per semester and full-time status is a minimum of 12 credit hours per semester.
FINANCES - FINANCIAL AID Bethany has been fortunate in its ability to keep its costs below the national average, and the college has a strong commitment to helping each qualified student with his or her educational costs. In addition to a generous scholarship program and performance awards which recognize outstanding academic, artistic, and athletic achievement, the college also administers federal and state grant and loan programs. During the 2020-21 academic year, over $22,124,080 was awarded to Bethany students from institutional, private and government sources. Aid was awarded in the following categories:
Note: Students may be eligible for student financial assistance program funds for attending a study abroad program that is approved for credit by the Bethany College Registrar. Bethany College institutional financial aid can be used to cover Study Abroad experiences. However, funds may be downward adjusted based on the charges the college is invoiced from the study abroad program.
Scholarships/Performance Awards ...........$13,882,510 Grants .........................................................$2,245,840 Student and Parent Loans ..........................$5,995,730 TOTAL .................................................... $22,124,080
The criteria used by the Financial Aid Office for determining student classifications for financial aid is as follows:
Financial Aid Application Procedure The College uses the results of the Free Application for Federal Student Aid (FAFSA) as the basis for determining a student’s eligibility for federal, state, and institutional funds. Students
Freshmen .................................................. 0 - 30.99 credits Sophomores ............................................ 31 - 61.99 credits 178
