BGU understands the financial stress that can result from the pursuit of graduate-level education. To help ease that burden, BGU has sought to identify various financial aid opportunities for qualified students wishing to attend BGU but who do not have the financial resources to do so. Our hope is that these resources and financial aid packages will help you move forward with your educational goals. To begin with, here are a few helpful links for internet access to Financial Aid Information. As the borrower, it is important for you to know the regulations regarding borrowing and repayment of Federal funds. The first web link below provides that information.
- http://studentaid.ed.gov/
- http://www.wiredscholar.com/(general financial aid information and outside scholarship search)
- http://www.finaid.org/(general financial aid information)
- http://www.fastweb.com/(outside scholarship search)
- http://www.gibill.va.gov/(Montgomery GI Bill information)
- finaid.org/otheraid/natamind.phtml(Native American Financial Aid information)
- https://acton.org/calihan-academic-grants(Acton Institute Calihan Academic Grant) - please ask BGU's admissions coordinator for help
BGU has been approved as an institution whose students are eligible for Title IV Federal loans. This form of financial aid is based upon the needs of the student. Need is determined based on the cost of attendance and the expected family contribution (EFC) as calculated through the Free Application for Federal Student Aid (FAFSA) system.
Steps to Apply: Students who are interested in obtaining a loan through the Direct Loan or FFELP (Stafford Loan Program) will need to follow the following steps. BGU contracts with a Federal Aid specialist to coordinate aid for BGU students. In order to apply for funds, you first must be admitted as a student at BGU. In addition, you cannot be an active student at another school while applying for student loans at BGU.
1. During your admissions process, you will need to supply a “notarized” copy of your ID proving your eligibility to apply for student loans. Pick 1 from the following 3 options:
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- Notarized US Passport picture page
- Notarized copy of your Permanent Residence Card
- Notarized US Driver’s License AND Social Security card.
2. Complete the Student Interview form.
3. Complete your FAFSA form.
4. Complete the Master Promissory Note (MPN).
Once all documents are completed, it takes 10 days to 2 weeks to process your aid request providing your interview is in order.
BGU does not currently have any formal scholarship programs at this time that will pay for your entire education. However, several options exist to help you succeed in your educational goals:
- Flexible Payment Plans - Contact us and describe your needs, partial or full payment plans can be arranged.
- Fundraising Course - BGU offers a 9-week highly-rated fundraising certificate course that can help students seek funds for both their education and the on-going ministry expenses they may face after graduation. Students who start the BGU application and pay the application fee can take the course for free. This course normally starts each July 1 but arrangements can be made for independent coaching.
