Grants and Scholarships
The seminary administers need-based tuition grants, need-based scholarships, merit scholarships (Th.M. program only), and continuing education grants (D.Min. program only). Awards are made annually but are distributed one semester or term at a time to eligible students, as defined above. The amount given per semester or term will normally be one half the total award for the year.
Matching Grant Opportunity
Need-based tuition grants (M.Div., M.A., and Th.M. programs) consist of two components: (1) an outright tuition grant and (2) a matching grant opportunity. Outright grants are applied directly against a student’s tuition; matching grant funds are awarded 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.
U.S. Government Loan Programs
The seminary participates in the William D. Ford Direct Loan Program. Through this program, students may apply for Federal Direct Unsubsidized Loans to help cover both the billed expenses (i.e. tuition and fees, room and board, or rent paid to the seminary) and non-billed expenses (living expenses) associated with their seminary studies. The program is available to U.S. citizens and permanent residents who are enrolled in a degree program on at least a half-time basis, in good academic standing, and not in default on any previous loan. See the Direct Loan Application Instructions for more information and details about the steps involved in applying for a loan.