Types of Financial Aid

Financial Aid

The seminary administers four types of financial aid: need-based tuition grants, need-based scholarships, merit-based scholarships and federal loans. All types of financial aid, save merit-based scholarships, require both an annual financial aid application and the FAFSA. Students who demonstrate need on the basis of a complete application are automatically considered for a need-based tuition grant or a need-based scholarship, as applicable.

Although financial aid applications are submitted on an annual basis, awards are distributed one semester at a time to eligible students, as defined above. The amount given per semester will normally be one half the total award for the year.

All need-based tuition grants and some need-based scholarships consist of two components: an outright tuition grant and a matching grant opportunity.  Outright grants are applied directly against a student’s tuition.  Matching grant funds are released on a dollar-to-dollar basis with funds received from outside ecclesial bodies or organizations such as dioceses, parishes, parish organizations, church aid organizations or church scholarship funds.  Funds received from private individuals do not qualify for matching grant funds.  Outside funds must be sent directly by the sponsoring organization to the seminary.  Donor organizations are asked to submit their first donation with theDonor Information and Submission Form.

Both outright tuition grants and matching grant opportunities are calculated as percentages of the seminarian’s total tuition eligible for need-based aid, as determined by the student’s semester enrollment (number of credits), FAFSA results (for domestic students), and information supplied on the seminary's Financial Aid Application Form.  Matching grant percentages indicate the maximum total amount of the eligible tuition that the seminary will fund in matching grant – not the total amount to be covered by both matching grant and the outside funds.  (For example, if a student were granted a need-based tuition grant of 50% in outright grant and 25% in matching grant opportunity, and the student were eligible to receive grants covering the entire full-time tuition amount of $10512, then the student would receive $5256 in outright tuition grant, and the possibility of receiving up to $2628 from the seminary to match up to $2628 received from outside sources.  If it were determined that the student was eligible for a total of only $8000 in tuition grant, then he/she would be awarded an outright grant of $4000, and the possibility of receiving up to $2000 from the seminary to match up to $2000 received from external sources.)

Need-based tuition grants. Need-based tuition grants are available to all students who meet the financial aid eligibility requirements defined above.  For 2012-2013 need based grants are set at 50% of total eligible tuition in outright grant and 25% of total eligible tuition in matching grant.  The total tuition eligible to be covered by need-based grants is determined on the basis of the student’s semester enrollment (number of credits), FAFSA results (for domestic students), and information supplied on the seminary's Financial Aid Application Form.  Need-based tuition grants do not cover credits in excess of 18 per semester.

To retain a need-based tuition grant, an eligible student must maintain at least a 2.0 semester GPA and a 2.3 cumulative GPA, participate regularly in seminary chapel services, and perform community service assignments satisfactorily.

Need-based scholarships. Need-based scholarships are available to qualified students who meet both the financial aid eligibility requirements defined above and the specific requirements of individual need-based scholarships.  The total tuition eligible to be covered by need-based scholarships is determined on the basis of the student’s semester enrollment (number of credits), FAFSA results (for domestic students), and information supplied on the seminary's Financial Aid Application Form. Need-based scholarships do not cover credits in excess of 18 per semester.

St. Vladimir’s currently administers three need-based scholarship:

  • Serbian Scholarship  (renewable annually).  Three awards covering up to 100% of tuition, books, and room/board of a single student, Serbian Scholarships are awarded to Serbian, or Serbian-American, men and women who demonstrate need, strong academic performance, and promise of significant service to the Church. Priority is given to men who are enrolled in the M.Div. program and preparing for ordination.
  • St. Anthony the Great Scholarship (renewable annually).  Covering 100% of total eligible tuition, St. Anthony the Great Scholarships are awarded to Orthodox men and women of the monastic rank Rassaphore who demonstrate need, strong academic performance, and promise of significant service to the Church.
  • Malankara Orthodox Scholarship (renewable annually).  Covering 60% of total eligible tuition in outright grant and 20% of total eligible tuition in matching grant, Malankara Orthodox Scholarships are awarded to men and women of the Malankara Orthodox Syrian Church who demonstrate need, strong academic performance, and promise of significant service to the Church.

To retain a need-based scholarship, an eligible student must maintain at least a 2.0 semester GPA and a 2.3 cumulative GPA, participate regularly in seminary chapel services, and perform community service assignments satisfactorily.

Merit-based scholarships. Merit-based scholarships are available to qualified students who meet both the financial aid eligibility requirements defined above and the specific requirements of individual merit-based scholarships. 

St Vladimir's currently administers one merit-based scholarship.

  • Dean's Fellowships Covering 100% of tuition in outright grant, Dean’s Fellowships are awarded to full-time candidates for the Th.M. degree who show promise of success in future academic work and/or of significant service to the Church. Successful candidates typically have a GPA of at least 3.5 in their first theological degree.  Successful candidates will be assigned a one year research/teaching assistantship with a member of the faculty.

All Th.M. applicants will be considered for the Dean's Fellowship.  Candidates are notified of a Dean's Fellowship award in their letter of admission.

The Dean's Fellowship does not cover credits in excess of 18 per semester.

View a full listing of all scholarship monies available to students at St. Vladimir's Orthodox Theological Seminary, here.