Phoenix Seminary is committed to offering our students a variety of financial assistance options to help them complete their degree programs with little or no debt. Our commitment is to support you in your financial planning by assisting you in all possible ways that will remove the stress and worry about how you are going pay for your education. Here are some of our most frequently used financial opportunities to make Phoenix Seminary affordable.
Academic Scholarships
Academic scholarships can be carried throughout your time at Phoenix Seminary, and can even increase if your GPA rises to the next level of scholarship. The simplest way to pay for seminary is to be diligent as you pursue academic study. Academic scholarships are applied to a student’s net semester tuition balance after all other internal or external scholarships or grants have been applied.
The President’s Scholarship
50% off net tuition - Requires a cumulative GPA of 3.0 or higher and 19 credits per academic year.
The Dean’s Scholarship
25% off net tuition - Requires a cumulative GPA of 2.5 – 2.9 and 13 credits per academic year.
The Shepherd’s Scholarship
25% off net tuition for Doctor of Ministry Students.
Requires a cumulative GPA of 3.0 or higher.
The Provost's Scholarship
25% off net tuition for Master of Theology Students.
Requires a cumulative GPA of 3.0 or higher.
Distinguished Scholarships
These specialized scholarships are provided for students with specific ministry goals. They carry different requirements for GPA and credit load. Each year in the spring, Phoenix Seminary opens up applications for the distinguished scholarships. Both current and incoming students are encouraged to apply. These scholarships are awarded for an academic year starting with the Fall. These applications are typically accepted from April 1st to May 1st and then are reviewed by the scholarship committee prior to being awarded to students.
BELLEVUE HEIGHTS CHURCH FOUNDATION SCHOLARSHIP
CHANCELLOR'S SCHOLARSHIP
GERALD S. CASILLI SCHOLARSHIP
JAMES L. STAMPS FOUNDATION
KUNS FOUNDATION
MACPHERSON MEMORIAL SCHOLARSHIP
DR. CHARLES “CHIP” MOODY MEMORIAL HOMILETICS SCHOLARSHIP
SERVANT LEADERSHIP DEVELOPMENT GROUP
SKY BLUE FULL-TIME SCHOLARSHIP
SKY BLUE PART-TIME SCHOLARSHIP
TEXT & CANON INSTITUTE FELLOWSHIP
Offered to ThM students who meet the requirements. Learn more.
WOMEN OF MOMENTUM
THE DAVE AND JUDY MAST SCHOLARSHIP
Are you pursuing an MDiv or MA degree while also serving in your local church? Learn more and apply HERE.
Church Partnership Grant Program
Phoenix Seminary partners with local churches to help lower the tuition costs associated with formal seminary training. Students participate in leadership at their local church, and grow both academically and experientially, benefitting their local church in real time. Based upon a supporting church’s contribution under this program, Phoenix Seminary will fund up to 10 percent of a student’s total tuition.
Partner in Ministry Grants
We recognize that the ministry of married couples is a team calling. To encourage the spouses of students to participate in Phoenix Seminary classes and activities, spouses of students seeking a degree at Phoenix Seminary may enroll in credit or non-credit courses with no cost for tuition, provided that the spouse benefitting from the Partner in Ministry grant is taking the same amount or less credits than the paying spouse. The regular admissions process still applies to students interested in taking advantage of the Partner in Ministry grant.
Federal Direct Student Loans
Federal Direct Unsubsidized loans are available to qualified students. Funds are transmitted electronically to the student’s tuition account. Interest on the Unsubsidized Direct loan begins to accrue at the time of the first disbursement. Repayment of loans will begin six months after graduation or withdrawal from school.
The deadline to apply for financial aid and other loans for new students is July 1st for students starting in the Fall semester, December 1st for students starting in the Spring semester, and April 1st for students starting in the Summer semester. For currently enrolled students the deadline to request loans is 30 days before the start of the semester.
CARES Act
On March 27, 2020, the CARES Act was signed into law. This law has specific funding designated for students who experienced financial hardship as a result of COVID affecting their studies. If you experienced expenses related to the disruption of campus operations due to COVID-19, please complete a CARES Act application by May 26. Completion of an application does not guarantee eligibility to receive funding. You will be notified of funding eligibility within two to four weeks of your submission.
Am I eligible?
The CARES Act requires students to be eligible for Title IV funding. Do you meet the following criteria?
- I was enrolled this spring semester at least half time.
- I am in a masters or doctoral program.
- I am eligible to receive Title IV aid (studentaid.gov)
- I have submitted the 2019-2020 FAFSA.
- I was enrolled in at least one course on campus prior to March 1.
If so, you may be eligible.
What if I'm not eligible, but I have demonstrable financial need?
For students who are not Title IV eligible, Phoenix Seminary may be able to provide direct assistance in cases of demonstrable hardship. If you are not Title IV eligible, but you have experienced financial hardship as a result of COVID, please complete an application.
