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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 $335 $725
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

 

Nick Miller Kauffman
Master of Arts

NickAfter four years at Manchester College, I found my thirst for knowledge was far from quenched. I graduated with a Bachelor of Arts in peace studies, but I didn't want to push on into the social sciences. With Bethany's master's degree in theology with a peace studies emphasis, I saw an opportunity to continue studying the peace and justice issues that so impassion me from the humanities perspective, and that I found so enlivening in my final year of college. Here I can study, learn, and prepare for whatever comes next. I am on first-name terms with a faculty that is committed to me--something that would be hard to find at a larger school. And I can see already that the same issues that excite me are exciting to my professors.