St Vladimir’s Seminary awards and distributes its financial resources with a view toward Christian charity and stewardship. Most seminary students receive some form of financial assistance, and students should be mindful that such aid is a privilege to be enjoyed thanks to many benefactors who have graciously given funds to the seminary.
All students are considered financially independent. Therefore, parental information is not required to determine need. The seminary does, however, require financial information from spouses of married students and full disclosure of grant and scholarship assistance from outside sources, such as, but not limited to, parish, diocesan, and archdiocesan education funds.
Eligibility for Financial Aid
To be eligible for financial aid from St Vladimir’s Seminary, a student must live on campus, be enrolled at the seminary on a full-time basis as a degree candidate, and be making satisfactory progress toward completion of the degree. To be considered full-time, students must be enrolled for at least twelve credits per semester. To be eligible for U.S. Government loans, students must be degree candidates and enrolled for at least six credits per semester.
Students enrolled on a full-time basis (as defined above) are eligible to receive aid from the seminary only for the number of semesters necessary for normal completion of a degree program. Therefore, M.Div. candidates are eligible to receive financial aid for no more than six semesters; M.A. candidates for no more than four semesters; and Th.M. candidates for no more than two semesters.
Satisfactory progress toward completion of a degree program is measured not only by a student’s successful completion of courses but also by satisfactory participation in the seminary’s extra-curricular activities of chapel worship and community service.
Exception in the Case of Probation or Special Needs. A residential degree candidate whose course load has been reduced by the Faculty Council in the case of probation or by the Associate Dean for Academic Affairs in the case of a student with special needs (see Disability Services) remains eligible for financial aid on a pro-rated basis, as long as he or she is enrolled for at least six credits and is otherwise making satisfactory progress toward completion of program requirements.
Financial Aid Application
St Vladimir’s Seminary awards or renews all grants and scholarships once a year during the spring application process. After the financial aid deadline has passed the seminary is able to consider new financial aid awards only if funds remain available and/or on a wait-listed basis. After the award or renewal of a grant or scholarship the seminary is unable to consider modified requests for financial assistance.
Prospective Students. Prospective students who seek need-based financial aid granted or administered by the seminary (including U.S. Government loans) must complete the seminary’s Financial Aid Application, also contained in the Application Packet. In addition, domestic students are required to complete the FAFSA (Free Application for Federal Student Aid). Application materials and an estimated expense budget are usually available online in late December or early January. The deadline for financial aid applications is April 1. All applications received after April 1, or incomplete applications received prior to the deadline but completed after April 1, will be considered for financial aid only if funds remain available and/or on a wait-listed basis.
Returning Students. Returning students must reapply for financial aid each academic year. The required forms are the FAFSA (for domestic students) and the seminary’s Financial Aid Application. The financial aid deadline is April 1. All applications received after April 1, or incomplete applications received prior to the deadline but completed after April 1, will be considered for financial aid only if funds remain available. Award notifications normally begin once final grades for the spring semester have been received by the Financial Aid Office.
Financial Exigency. If a student should experience significant, unforeseen financial difficulty after the award/renewal period and the exhaustion of financial aid funds, he or she is encouraged to speak to the Associate Chancellor for Finance during Orientation for new students and prior to the beginning of the semester for returning students in order to arrange a formal payment plan.
Important Additional Information
Matching Grant Opportunities
All need-based tuition grants 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 and must be received by the beginning of the semester (fall or spring) or term (summer) for which tuition support is being provided. Funds received after the deadline will not be eligible for a matching. Donor organizations are asked to submit their first donation with the Donor Information and Submission Form.
Types of Financial Aid
The seminary administers four types of financial aid: need-based tuition grants, need-based scholarships, merit scholarships (Th.M. program only), and federal loans. To be considered for financial aid a student must complete annually the St Vladimir's Application for Financial Aid and the FAFSA. Awards are made annually but 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.
Please feel free to contact the Associate Dean for Academic Affairs with any questions about financial aid or the financial aid application process.