The cost of attending Phillips Theological Seminary is moderate in comparison with many other seminaries and graduate professional schools of similar size and quality. So that no deserving student is denied the opportunity to obtain a theological education because of the cost, the seminary also provides financial aid toward meeting the cost of tuition.
FINANCIAL AID 2013 - 2014
Phillips Theological Seminary provides financial assistance in several ways:
- federal loans
- tuition assistance
- and/or fellowships
Most forms of assistance (tuition, scholarships, & federal loans) are based on part-time enrollment (6-8 credit hours) or full-time enrollment (9 or more credit hours). Fellowships are based on full-time enrollment (9 or more credit hours) only.
SEMINARY TUITION ASSISTANCE 2013-2014
PTS provides introductory tuition assistance of 50% to the majority of new students taking classes for credit. Most degree-seeking students matriculating Fall 2013 will receive the 50% tuition assistance for one year (Fall and Spring). Students matriculating Spring 2014 will receive the 50% tuition assistance for the Spring semester.
Following the introductory period, tuition assistance will be granted based on the “estimated family contribution” (EFC) reported in the most recently submitted FAFSA. In addition to need, PTS academic performance, promise for leadership and ministry will be taken into consideration.
FEDERAL STUDENT LOANS
Phillips Theological Seminary is committed to providing financial assistance to degree candidates who demonstrate need as determined through the filing of the Free Application for Federal Student Aid (FAFSA). The federal school code is 017239.
Federal Direct Loans
are available for students who qualify based on FAFSA information. As of July 1, 2012, graduate students are eligible to borrow Unsubsidized Direct Loans which are not based on financial need. PTS does not participate in the Federal Graduate Plus Loan program.
Veterans: PTS supports educational assistance programs under the GI Bill.