The Financial Aid Office at MTS is committed to making students aware of available financial aid resources. The seminary participates in the Stafford Loan Program. This federally subsidized loan program provides limited funds at a low interest rate and delayed repayment schedule to eligible students. The loan application and all supporting documents must be received by June 31 for the fall semester, and by October 31 for the spring semester. In order to be eligible for financial aid, a student must be enrolled in the required number of hours, be in good standing and making satisfactory academic progress, and not be in default or delinquent on any loan programs.
Scholarships are also available from the seminary.
A good place to begin searching for student financial aid is on the internet. Scholarship search services are also available online. These loans can often be secured through cooperating banks in the Canadian student s home province. Many denominations offer scholarships or loans for students who desire to prepare for ministry related to the denomination. For information on support from a particular denomination, it is best to contact the denomination s main office.