Need based aid is not automatically renewed; you must complete the FAFSA each year. If you are selected for verification, you must provide signed copies of all requested income documentation before your award can be finalized. If verification results in an increase or decrease in any portion of your award, a revised award notice will be sent.

You must maintain satisfactory academic progress, both in terms of grade point average attained and credit hours earned, in order to retain federal financial aid eligibility. For federal aid recipients, a GPA of at least 2.0 by the end of the second year of enrollment at Bethany is required. You are responsible for consulting the Bethany College Catalog to obtain more specific information about grade point standards and credit hour requirements for maintaining satisfactory academic progress. In addition, Bethany scholarships have particular GPA renewal requirements, as outlined in the Catalog. ALL BETHANY AID REQUIRES FULL-TIME ENROLLMENT.

You may request a review of your eligibility at any time if unusual circumstances affect your family's financial situation. Upon your written request and submission of appropriate documentation, your eligibility will be recalculated and your award may be revised, if additional funds are available.

You are required to report any additional aid you receive, regardless of the source. Receipt of such aid may result in an adjustment to your package. If your eligibility has already been met, it may be necessary to reduce other aid.

Disbursement of awards from sources outside of Bethany College is dependent upon receipt of funds from those sources. You are responsible for obtaining any required applications, and for requesting any documentation of your enrollment or academic progress, which may be required for continuation of these awards.

If you withdraw before attending any classes, you are entitled to a full refund. If you withdraw from all classes before the end of the semester, you may be entitled to a partial refund. If you have received federal funds, Bethany College must abide by the federal refund policy, as stated in the catalog.

If you have a credit balance on your account after charges have been posted and aid has been applied, you may request that any or all of the credit amount be released to you. No refund checks will be issued for anticipated credit balances. Aid is applied first to tuition, then to residential life charges, and finally to any other charges assessed.

Institutional aid, when combined with other gift aid, cannot exceed direct costs.  For students living on campus, direct cost includes tuition, fees, room and board.  For students living off campus, direct cost includes only tuition and fees.

Changes in your housing status, i.e. living off campus, could result in changes to your financial aid package. You must let the Financial Aid Office know of any changes made.

Consumer information: crime statistics, information on campus security, and descriptions of substance abuse awareness and prevention programs are in the Student Handbook. Information about financial aid to participants in athletic programs is available from the financial aid office.