Loan Repayment Assistance Program
Your Student Loan Safety Net
The Loan Repayment Assistance Program (LRAP) is designed to ease your worries over taking out student loans. LRAP partners with Bethel in order to help our students take out and repay loans so that they can graduate from Bethel without concerns about repayment. Through LRAP, graduates who make under $45,000 annually can receive assistance repaying federal, private alternative, and parent PLUS loans without any cost to students or their families - it’s a safety net!
Once you’ve signed your LRAP agreement, repayment only takes three easy steps:
- Graduate from Bethel
- Start working average 30+ hours a week
- Begin making your loan payments
LRAP assistance is based on a graduate’s yearly income - any LRAP student making under $45,000 will receive assistance paying back their student loans. As long as you keep making payments on your loans, LRAP will assist you - until your loans are paid off entirely!
Check out the LRAP website to learn more about how it works. Contact the admissions office to learn more about whether you qualify.
Sound too good to be true? Hear what our students have to say!
“This will help me in the future for sure… I was scared of having debt after college , and having to pay my debt off on my own. Now with LRAP, I feel better about my future.” - LRAP Recipient, Class of 2024
Church Matching Grants
Offered by a church of any denomination on behalf of a student, this grant will be matched by Bethel College dollar for dollar for the first $1,000. Grant dollars (given by Mennonite churches) beyond $1,000 will be matched at a 1:4 ratio. Churches, download the agreement form to qualify your students for this matching grant.
Policies and Procedures
- A church is expected to indicate its plan to participate in the program on an annual basis by signing and returning a Church/College Grant Agreement Form to the Financial Aid office by April 1 or as soon as possible.
- Bethel College will match the first $1000 dollar for dollar. Beyond that amount Bethel will match at a 1:4 ratio, i.e. the college will provide $1 of aid for every $4 provided by the church up to full tuition for Mennonite Churches. The tuition limit applies to all grants and scholarships, including federal; state; outside scholarship; Bethel College scholarships, grants, matching funds and scholarships.
- The college will send aid award notices to students indicating the estimated amount of church scholarship funds we expect the student will receive. No funds will be transferred into the student’s account until the funds are actually received.
- Church grant checks must be made out to Bethel College and sent to the financial aid office. One check for all students is preferred. Along with the check, send a copy of the agreement form, showing the dollar amount each is to receive. Fall grant funds need to be here by August 1. Spring grant funds need to be here by January 15. Student’s bills are paid half in the Fall and half in the Spring. We recommend you pay half of the annual amount each semester rather than sending the whole amount in the Fall. If this is a problem, please let us know. Students need to receive the same amount in the Fall and Spring, as church funds can affect other types of aid.
- The Bethel matching fund dollars and the church grant funds will be credited to the student’s Bethel account.
Please contact the Bethel College Financial Aid Office if you have questions.
Please note on your application for admission if you are a legacy student. (You have had a parent, grandparent or sibling attend Bethel). You will automatically be awarded the Legacy Scholarship.
Will Family Scholarship
The award will be offered to a worthy graduating senior from Halstead High School (second priority to Harvey County resident) who has demonstrated solid academic achievement and strong commitment to community service. There will be one Will Family Scholarship awarded each year worth $5,000. Each annual scholarship is renewable to the recipient for up to eight semesters.
Interested students must:
- Complete an application for admission
- Submit Academic records – Student must achieve a 3.0 cumulative High School grade point average and a 20 ACT and/or a 940 SAT score
- Submit a resume of all service related contributions since ninth grade
- All items must be submitted to the Bethel College Office of Admissions for consideration before March 1st
Millennium III Scholarship
In honor of ethnic and cultural diversity on campus, given to selected students based on academic criteria, leadership abilities and potential for success in college life
- $1,500-$3,000 renewable grant
Robert W. Schmidt Scholarship
$500 offered to selected students with interests in chemistry, physics, pre-engineering or natural sciences, following an interview with science faculty
David and Anna Kaufman Zerger Scholarship
$500 offered to selected students with an interest in chemistry, following an interview with science faculty
21st-Century Science Scholarship
Variable, $500 or $1,000 offered to selected students with interests in a STEM discipline (biology, chemistry, computer science, mathematics, natural sciences, physics or psychology), following an interview with science faculty
Krehbiel Science Award
$1,200 offered to selected students in the sciences, following an interview with science faculty