You may face special requirements which affect your finances at some point in your Seminary education because of denominational or ordination requirement. Students may be required by their Committee on Preparation for Ministry to participate in CPE and often do so after their second year of Seminary. CPE requires that you work for an extended period of time without being paid. Financing Options Students who need access to financial aid develop a financial plan which typically includes a combination of seminary grant funds, denominational, church, family, foundation, and other outside support, part-time employment, and if necessary, loans. Seminary Grants Seminary grants are awarded to students on the basis of financial need.
Students submit an application annually to be considered for Seminary grant support.
Grants do not exceed the cost of tuition. Applications are available from the Student Financial Planning Office in January for the following fall. Outside Support Funding from external sources such as family members, churches, foundations, and denominational offices should be vigorously pursued. A resource booklet on external sources of funding for theological students of all denominations is available from the Student Financial Planning Office. Outside grants often reduce a student's borrowing.