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Expense Budget

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Below is a list of average monthly expenses based on a frugal nine month student budget.

While you may consider these expense norms as a guideline to complete the projected budget, do not accept these norms as your projected expenses.  Since there is a wide variability in individual expenses, attempt to compute realistic figures for your situation. Such projection will help you know what your particular financial situation will be. These figures were calculated by surveying local costs and utilizing student budget data.

For Bethany's budgeting purposes, tuition and books will be automatically included based on the number of credit hours you report.

 

TYPICAL ESTIMATED MONTHLY EXPENSE

 Richmond  All Other Areas  
Housing: rent or mortgage & utilities $580 $850
Food and household supplies $345 $690
Clothing/laundry/cleaning/recreation $115 $250
Transportation: vehicle operating costs or public transportation for those without a car $340 $340
Phone $45 $45
Internet connection $40 $40
Health care: provide documentation of costs to be considered    
OPTIONAL ITEMS    
One time computer purchase ($900)    
Child/dependent care (only if necessary to be a student)    
Study abroad expenses (trip costs if taken during academic year)    
Disability expenses (expenses related to a student's disability)    
CPE/Ministry Formation expenses    
Loan fees: will be included based on eligibility    

 


For more information, contact:

SchleeperBrian Schleeper, Financial Aid Officer/Coordinator of Student Services 
     schlebr@bethanyseminary.edu       765- 983-1828

 

Jennifer Jensen
(MDiv Connections)

JenniferWhen my husband, parents, and I arrived at Bethany Theological Seminary for my long-awaited visit, I was giddy, to say the least! My whole life led to that moment and that weekend. I could not believe my dream was coming true! From the moment we arrived, we were treated with the utmost respect and hospitality. Not only did the staff and faculty put together an amazing weekend for me, they welcomed my questions, comments, or concerns we had and did it with complete openness which shined through in every person we visited. Everyone had a genuine interest in me, my husband, and my life. I truly felt like each person wanted to help me be sure this is where I was meant to be. I had the opportunity to sit in several classes, which was an absolutely remarkable and enlightening opportunity that only affirmed how excited I am to sit in those classes myself. In addition, I had the opportunity to visit with current students and recent graduates, getting a true sense of how Bethany affects and changes a person's life.