Asbury Theological Seminary

Academic Catalog

Financial Aid

Our Mission Statement
The mission of the Financial Aid Office is to deliver institution and government financial aid in the most effective manner possible to meet the financial need of students who are being equipped to go forth to a "well-trained, Spirit-filled ministry" to spread scriptural holiness throughout the world. This will be accomplished in compliance with policies and goals of the Seminary and regulations of the Department of Education, Department of Homeland Security, and Department of State.

Purpose and General Information
Asbury Theological Seminary is dedicated to aiding students in completing their seminary education. This is why our Financial Aid Office will make every effort to help students identify sources of financial assistance. Most students will find they need multiple sources of income to finance their education: personal savings, scholarships, church/conference funds, foundations, federal student loans and part-time employment. Working with students, we endeavor to make their seminary education attainable.

Each student should formulate a tentative plan for financing his/her seminary education. Although the exact plan may not be assured at the beginning, the student should have a clear understanding of the expenses involved and the available sources of income for the first year, and a reasonable plan for financing subsequent years.

Financial aid packets are emailed to applicants, newly admitted and returning students in December, and on a continuing basis to new applicants. The Asbury Theological Seminary Financial Aid Application serves as the initial application for institutional scholarships for all U.S. citizens and eligible non-citizens. The FAFSA is also a prerequisite for all scholarships. The International Student Questionnaire serves as the initial application for international scholarships. Scholarships are awarded on a one-year basis based on the guidelines of each scholarship. Each year students must file an Asbury Theological Seminary Financial Aid Application, a FAFSA, and, if applicable, an International Student Questionnaire.

Institutional Sources of Financial Aid

1. Scholarships
• Presidential Scholarships for MA/MDiv Students
• Deans Scholarship for MA/MDiv Students
• Trustees International Scholarships for MA/MDiv Students
• Special Scholarships for MA/MDiv Students
• Postgraduate Scholarships for Post Graduate Students
2. Loans
• Asbury Seminary has internal limited funds for loans

Federal Sources of Financial Aid

1. Federal Perkins Loan
2. Federal Stafford Loan
3. Federal Grad Plus Loans
4. Federal Work Study

HOW and WHEN to Apply

1. File the required forms
• A Free Application for Federal Student Aid (FAFSA) should be filed as soon as possible once the government makes it available.
• An Asbury Financial Aid Application should be completed and returned to us when once it is sent to you in December.
2. Preference for Special Scholarships is given to early filers, with a recommended date of no later than March 1st.
3. All Trustee International Scholarships must apply for the scholarship no later than March 1.
4. All Presidential Scholarship candidates must apply for the scholarship no later than February 1.
5. All Postgraduate degree candidates admitted by February 1 will be reviewed for Postgraduate scholarships.

 

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