tuition and financial aid

The School of Theology assumes that all its students are in need of significant financial help to afford their seminary education. That is why the vast majority of students studying here receive generous financial aid. The cost of the School of Theology’s tuition is less than half the cost of attending Boston University at the undergraduate level. We allocate the financial aid funds offered by the University, the United Methodist Church, and individual donors as widely as possible to benefit the most students. Additional merit fellowships are set aside to reward academic excellence and extra-curricular distinction. For all of these reasons we expect that School of Theology graduates will be able to follow their vocational passions without being weighed down by tremendous educational debt upon graduation.

To qualify for financial aid, a student must register for 8 to 18 credit hours per semester. Students may also qualify by taking a total of 7 credits in a given semester through a combination of one 4-credit Boston University course and one 3-credit course through the Boston Theological Institute. Students who register for more than 18 credit hours must pay an extra per-credit charge. Aid is not awarded to assist in paying for overload credits (in excess of 18 per semester). No students registered for less than 8 credit hours are eligible to receive financial aid, unless they are taking 7 credits per semester through a combination of one Boston University course and one course through the Boston Theological Institute.

All scholarships, fellowships, and awards are subject to satisfactory academic progress, need, submission of financial aid application(s), and the availability of funds. The School of Theology maintains a rolling admissions policy for all master’s degrees, which means that there is no cut-off date for acceptance into the School for those degrees. However, it is in the student’s best interest to be admitted to the School of Theology as soon as possible. Financial aid is awarded on a first-come, first-served basis.

The School of Theology accepts and applies the principles of student financial aid approved by the Association of Theological Schools in the United States and Canada. Most accredited seminaries follow these principles as the most fair guide to distribution of financial aid. Their application helps to eliminate financial considerations as a primary reason for choosing a theological school.

Below are some helpful summaries of tuition, financial aid, and financial aid policies at the School of Theology:

2015-2016 Tuition and Fees

Tuition, fees, residence and board charges, and any previous balance must be paid in full each semester before the payment deadline; missed payments and deadlines will result in late fees. Invoices are sent by Student Accounting Services to students several weeks before the start of the semester. All payments should be directed to Student Accounting Services, 881 Commonwealth Avenue, Boston, MA 02215-1390, 617-353-2264.

The University does not accept credit cards as payment of tuition, fees, room and board, or the like. Checks must be made payable to Boston University. Other accepted payment methods: Electronic Payment (via Student Link), Credit Card (part-time students ONLY), and Wire Transfer.

Although the University does not offer its own deferred payment plan for full-time students, students may arrange for financing through private agencies. This should be done well before the start of the academic year. Information on such plans may be viewed here.

The University assumes no liability for failure to provide educational or related services arising from causes beyond the reasonable control of the University. The University will exert reasonable efforts to provide comparable or substantially equivalent services, but its inability to do so shall not subject it to liability. The Trustees of the University reserve the right to change tuition rates, fees, and residence and board charges at their discretion when it is deemed advisable.

Tuition and Mandatory Fees

It has been and remains the policy of Boston University to withhold all diplomas, degrees, official transcripts, and other official recognition of work done at the University from students with respect to whom there are any outstanding overdue debts to the University, including, but not limited to, amounts owed in satisfaction of tuition, loan agreements, fees, and charges as well as monies owed for occupancy in University-owned or operated residences and for dining service. No student may withdraw from the University in good standing or graduate from the University unless all current obligations to the University are paid in full.

The following tuition rates apply through August 2016:
Full-time Students (those enrolled for 12 to 18 credits): $18,900 per year
Part-time Students (those enrolled for ½ to 11½ credits): $591 per credit

Continuing DMin students DMin students who have finished coursework and are registering for 2-credit continuing registration directed studies: $1,182 per semester ($591 per credit)

Continuing PhD Students PhD students who have finished coursework and are registering for 2-credit continuing registration directed studies: $1,182 per semester ($591 per credit)

Fees for Full-time Students and Students Certified Full-Time with a Part-Time Courseload Student Services Fee $312 ($156 per semester); Health and Wellness Fee $348 ($174 per semester); STH Graduate Program Fee $120 (charged in Fall only) or $60 for students entering in Spring; STH Community Fee $110 ($55 per semester)

Part-time Fees Student Services Fee $120 ($60 per semester) plus STH Community Fee $110 ($55 per semester)

D.Min. in Transformation Leadership Fees Student Services Fee $120 ($60 per semester), STH Community Fee $110 ($55 per semester), Technology Fee $60 per credit

Other Fees Graduation Application Fee $30

Medical Insurance

The 2015-2016 cost for full-time students (U.S. citizens and international) for the Boston University Student Basic Medical Insurance is $1,945. The Boston University Student Plus Medical Insurance is $2,713. Further information on medical insurance can be found here.

Massachusetts law requires all students carrying at least 75 percent of the full-time curriculum to be covered under a qualifying medical insurance plan. If the student does not wish to participate in the Boston University Medical Insurance plan, he or she must annually file a Medical Insurance Waiver form that certifies coverage under a comparable medical insurance plan. The Medical Insurance Waiver form can be found here.  The completed form is to be returned to Boston University Student Accounting Services. The medical insurance can also be waived by students when visiting the Boston University Student Link at www.bu.edu/studentlink. Part-time students are also eligible to purchase the medical insurance. For information, contact Student Accounting Services.

The insurance premium is subject to change.

Other Expenses

The estimated cost of books and supplies is $1,412 for graduate students per year. Approximately $4,170 per year for graduate students should be allowed for incidental expenses, which vary with individual circumstances, such as transportation, laundry, clothing, recreation, and miscellaneous expenditures.

Following are other charges that may form part of the cost of attending Boston University:
Application for Admission $95
Late Fee Late fees may be assessed to those students who complete their official registration during the late registration period. Late fees escalate on a regular basis. Please note the importance of prompt payment. Late fees will not be reversed or waived for failure to register on a timely basis. It is the responsibility of the student (not the University) to complete the registration process. Information on payment deadlines and late fees can be found here.
Transcripts To request an academic transcript of grades and coursework, a student should submit a Transcript Request form to the Office of the Registrar. Full instructions on ordering a transcript can be found here.
Replacement of Boston University Identification Card (Terrier Card) $40

Aid for Masters Students

Need-based Financial Aid: Tuition Scholarships

The cost of Boston University School of Theology full-time tuition for the 2015-2016 school year is $18,900. However, students taking at least 8 credits per semester at Boston University (or 7 credits per semester through a combination of one 4-credit Boston University course and one 3-credit course through the Boston Theological Institute) are eligible for need-based financial aid in the form of Tuition Scholarships, which remove a significant percentage of that tuition cost. Tuition Scholarships are different for each degree program, depending on the length of the program. The chart below shows what students can expect in terms of actual tuition and total academic costs for 2015-2016:

Degree Program* Percent of need-based tuition scholarship** Cost of tuition after scholarship University fees*** Books & Supplies (approximate) Total approximate projected yearly cost****
Master of Divinity (MDiv)
6 semesters
70% $5,670/year $890 $1,412 $7,972
Master of Theological Studies (MTS)
4 semesters
55% $8,505/year $890 $1,412 $10,807
Master of Sacred Music (MSM)
4 semesters
55% $8,505/year $890 $1,412 $10,807
Master of Sacred Theology (STM)
2 semesters
40% $11,340/year $890 $1,412 $13,642

* Semesters listed here are the number of semesters it takes to complete the program if taking a traditional course load of 4 classes per semester (16 credits). Students taking fewer than 16 credits per semester may end up using all of their semesters of financial aid eligibility prior to completing their degree requirements. For that reason, students should be cautious in keeping in mind their maximum number of semesters of financial aid eligibility when planning their registration each semester.

**All admitted incoming students will receive notice from the STH Admissions Office of their provisional financial aid award. In order for the award to become actual, the student must complete the STH financial aid application process as outlined in the the “How to Apply for Financial Aid” section at the bottom of this page. Fall incoming students must complete the financial aid application process by June 15th. Delayed applications can limit a student’s eligibility for awards. Financial Aid is processed on a first-come, first-served basis.

*** See tuition and fee information by academic year on this page for more information.

****Does not include housing or living expenses

Merit-based Scholarships

In addition to Tuition Scholarships, several forms of merit-based financial aid are available:

  • Dean’s Scholarships – Masters-level applicants with a cumulative 3.3 GPA or above from their most previous degree program who complete their application by the Priority Admissions Deadline are considered for Dean’s Scholarships during their admissions process. Dean’s Scholars are chosen on the basis of proven academic excellence and extra-curricular commitments. They are offered awards that range from full tuition to full tuition plus a $10,000 annual stipend, renewable for the length of their program so long as they maintain a 3.5 GPA or above at the School of Theology. The Dean’s Scholars are chosen early in March each year.  Stipends are split over the two semesters and are paid to the student by check.  Beginning in Spring 2016, stipends for returning students will be split into 4 monthly payments per semester and will be paid on the fourth Friday of each month (September-April).
  • United Methodist Ordination Scholarships – M.Div., MTS, and MSM (only those without a prior M.Div./MTS) students pursuing ordination as an elder or a deacon in the United Methodist Church are given 100% tuition scholarships upon admission into their degree program provided that they submit a signed letter from a District Superintendent, Board of Ordained Ministry member, Candidacy Mentor, Bishop, or Annual Conference-level Ecclesiastical Superior specifically stating that the student is registered with the GBHEM as admitted to candidacy for ordained ministry in the UMC.  The letter should be sent to the Admissions Office as part of the application process or, if candidacy begins after admission, to the Financial Aid Officer for processing. The letter must be on official letterhead. PDF copies of signed letters are acceptable. STM, D.Min. and Ph.D. students are not eligible.
  • Additional Scholarships -To aid students in their scholarship search, the School of Theology’s Financial Aid Office maintains a large list of outside awards and scholarships, arranged by eligibility, here.

Additional Costs

In addition to academic costs, each student must prepare for life in Boston. Boston is an expensive city in which to live but well worth it, and students who employ careful financial planning and budgeting can achieve a good quality of life without succumbing to extraordinary debt. While the School of Theology does everything it can to help students plan, best financial practices are the responsibility of each student’s own household.

  • Housing – Students coming from less-expensive areas of the country should be prepared for high housing costs in particular. Students should budget at least $700/month for single students and $1200/month for coupled students for decent, affordable housing within a comfortable commuting distance of the School of Theology. The School of Theology Admissions Office has
    relationships with several landlords, realtors, and institutions that can help students find such housing.
  • Medical Insurance – Boston University requires that all of its students have medical insurance. The 2015-2016 rate is $1,945. The Plus plan is $2,713.  Prospective students should see the Student Accounting website for the most up-to-date prices and plan information. If you already have medical insurance from another provider you may submit a “Medical Insurance Waiver Form” before the start of classes. This waiver can be found at the same website. Students, including those who are international, seeking to waive the Boston University Medical Insurance must read here.
  • Incidental Expenses – Boston University recommends that graduate students budget approximately $4,170 per year for incidental expenses, which vary with individual circumstances. Incidental expenses include transportation, laundry, clothing, recreation, and miscellaneous expenditures. See feed the pig for tips on savings.

Aid for Ph.D. Students

The chart below shows what students matriculating into the Ph.D. program can expect in terms of actual tuition and total academic costs for 2015-2016:

Degree Program Percent of tuition scholarship Cost of tuition after scholarship STH fees Books & Supplies (approximate) Total approximate projected yearly cost Fellowship Stipend
Doctor of Philosophy (Ph.D.) 100% $0 $230 $1,412 $1,642 $21,000/year

PhD fellowships include stipends each semester, full scholarships for tuition and university-mandated academic fees (this does not cover minor STH-specific fees), and individual health coverage through the University’s student medical insurance plan at the basic level. These awards are made on the basis of merit upon admission for the first five years of doctoral study, do not include housing or living expenses, and require teaching and research internships and assistantships as per the schedule below.

Stipends are split over the two semesters.  Stipends are split into 4 monthly payments per semester and will be paid on the fourth Friday of each month (September-April).

  Fall Semester Spring Semester
Year 1 no service requirement  no service requirement
Year 2 20 hour/week internship #1 (as part of the PhD degree requirements) 20 hour/week internship #2 (as part of the PhD degree requirements)
Year 3 20 hour/week internship #3 (as part of the PhD degree requirements) 20 hour/week research or teaching assistantship
Year 4 20 hour/week research or teaching assistantship 20 hour/week research or teaching assistantship
Year 5 20 hour/week research or teaching assistantship 20 hour/week research or teaching assistantship
Note: Eligible students may apply for a service-free dissertation fellowship in year 5 if they have an approved prospectus by the end of year 4.

The purpose of BU doctoral fellowships is to allow students to devote the time necessary to completing their studies in a timely fashion.  For this reason, students receiving doctoral fellowships may not be employed outside the university or otherwise employed within Boston University during the 5-year period of the fellowship, at least during the eight months of the academic year (outside employment is permitted from May 1-August 30).  Students awarded fellowships or other financial support for their studies from outside Boston University must immediately inform the Office of the Associate Dean for Academic Affairs at the School of Theology. Those awards can very much be worth pursuing. However, any outside funding received by PhD students will result in one of the following:

(1) reduction of the amount of the BU award during that academic year (students cannot receive external fellowships and BU fellowships at the same time up to $21,000);

(2) deferral of the BU award to a summer period at a maximum of $10,500 for the 4-month summer period;

(3) deferral of the BU award to a period beyond the 5 years of a student’s program if needed (though the expectation is that students will finish in 5 years); or

(4) a buy out of the student’s service requirement in semesters 6-10. This is especially good for students who may need to do field work and will have to be away from BU or who otherwise wish to opt out of the service requirement during those semesters. Students who have an approved prospectus in hand by the end of semester 8 are already “service free” in the final year anyway.

Ph.D. Fellowships cover only the 48 credits required for the degree program (see the Ph.D. Handbook for details on required courses).  Once Ph.D. students finish their required coursework, they must register each semester until graduation for a 2 credit directed study.  If students wish to take courses in addition to those that are required, they may petition the STH Academic Services Team for tuition coverage.  The petition must detail how the course will advance their dissertation research and the petition must be approved by the advisor.

Additional Awards

  • Additional Scholarships -To aid students in their scholarship search, the School of Theology’s Financial Aid Office maintains a large list of outside awards and scholarships, arranged by eligibility, here.

Additional Costs

In addition to academic costs, each student must prepare for life in Boston. Boston is an expensive city in which to live but well worth it, and students who employ careful financial planning and budgeting can achieve a good quality of life without succumbing to extraordinary debt. While the School of Theology does everything it can to help students plan, best financial practices are the responsibility of each student’s own household.

  • Housing – Students coming from less-expensive areas of the country should be prepared for high housing costs in particular. Students should budget $700/month for single students and $1200/month for coupled students for decent, affordable housing within a comfortable commuting distance of the School of Theology. The School of Theology Admissions Office has
    relationships with several landlords, realtors, and institutions that can help students find such housing.
  • Medical Insurance – Boston University requires that all of its students have medical insurance. Doctoral fellowship recipients receive individual health coverage through the University’s student medical insurance plan at the basic level.  
  • Incidental Expenses – Boston University recommends that graduate students budget approximately $4,170 per year for incidental expenses, which vary with individual circumstances. Incidental expenses include transportation, laundry, clothing, recreation, and miscellaneous expenditures. See feed the pig for tips on savings.

Doctor of Ministry in Transformational Leadership

Students in the Doctor of Ministry in Transformational Leadership program are not eligible for financial aid from the School of Theology.  However, there are resources to assist these students with academic costs:

  • Additional Scholarships -To aid students in their scholarship search, the School of Theology’s Financial Aid Office maintains a large list of outside awards and scholarships, arranged by eligibility, here
  • New England Education Society Loan – The New England Education Society is a private agency that loans up to $3,000 per academic year to students enrolled in seminaries in New England.  Further information can be found here.
  • Federal Unsubsidized Loan – Students taking at least 6 credits per semester are eligible to apply for a federal unsubsidized loan.  For more on how to apply, see the “How to Apply for Financial Aid” section on this page.

School of Theology Financial Aid Policies

To be eligible for School of Theology and federal student aid funds, a student must make satisfactory academic progress each semester.  For a description of what satisfactory academic progress entails for each degree program, please see the STH Bulletin.

The following policies were developed in consultation with the Federal Student Aid Handbook.

Length of Time for Financial Aid Coverage

The length of time a student is eligible for School of Theology financial aid depends on his or her degree program.  In general,

  • Master of Divinity – six full-time semesters/twelve part-time semesters
  • MTS or MSM – four full-time semesters/twelve part-time semesters
  • STM – two full-time semesters/four part-time semesters
  • PhD (entering in Fall 2013 or later) – ten full-time semesters – no part-time registration for PhD students

It is also important that a student track the number of credits remaining to complete his or her degree requirements.  While number of semesters remaining is the most common method for tracking financial aid eligibility, the School of Theology also reviews the number of credits remaining to complete degree requirements. The School of Theology does not provide financial aid to students past the number of credits they need to meet their program requirements.  Therefore, if students apply for a course overload in one or more semesters, this may leave them with a small number of credits to complete in their final semester and they will only receive financial aid towards the number of credits needed.  In that circumstance, the number of credits remaining supersedes the number of semesters of financial aid eligibility.  The student has the option to enroll in additional courses past the number of credits required to complete the degree, but they will be at the student’s own cost.  Likewise, students taking fewer than 16 credits per semester may end up using all of their semesters of financial aid eligibility prior to completing their degree requirements.  For these reasons, students should be cautious in keeping in mind their maximum number of semesters of financial aid eligibility and their remaining credits when planning their registration each semester.

If a student receives a failing grade in a course, the School of Theology will not provide financial aid for a course taken to replace the failed course.

Financial Aid Warning

If a student fails to maintain satisfactory academic progress according to the appropriate student review committee for their degree program, they may receive a financial aid warning which applies to their School of Theology financial aid and, if the student has it, their federal financial aid.  For example, if a student fails to make satisfactory academic progress in the Fall semester, they may be placed under a financial aid warning in the Spring semester.  The warning period lasts for one semester during which the student may continue to receive School of Theology and federal financial aid funds.  The student’s academic progress is evaluated at the end of the warning period.  Financial aid warnings can occur after a student’s first semester of enrollment.

Financial Aid Probation

Students who fail to make satisfactory progress after the financial aid warning period may continue to receive their School of Theology financial aid for the following semester as a grace period.  However, the student loses their federal financial aid eligibility unless they successfully appeal the School of Theology Academic Services Team and are placed on financial aid probation.   A student may appeal on the basis of: injury or illness, the death of a relative, or other special circumstances.  The appeal must explain why the student failed to make satisfactory academic progress and what has changed in their situation that will allow them to make satisfactory academic progress at the next evaluation.   Financial aid probation lasts for one semester and means that the student’s eligibility for federal financial aid is reinstated for that semester.  The student’s progress will be evaluated at the end of the financial aid probation period.

If, based on the student’s appeal, the STH Academic Services Team decides that the student should be able to meet satisfactory academic progress by the end of the next payment period then the student may be placed on financial aid probation with or without an academic plan.   If an academic plan has been devised for the student (by the appropriate student review committee for their degree program) and they are meeting its requirements, they are eligible to receive federal financial aid as long as they continue to meet the plan’s requirements.

GPA Requirements and Financial Aid

If a student receives a failing grade in a course, the School of Theology will not provide financial aid for a course taken to replace the failed course.

If a Dean’s Scholarship recipient does not meet the required 3.5 cumulative GPA at the end of an academic year, the student will receive their Dean’s Scholarship as a grace period for the upcoming semester and the tuition scholarship pertaining to their degree program for the semester following the grace period.  If the student is able to raise their cumulative GPA to a 3.5 or better at the end of the grace period, their Dean’s Scholarship will automatically be reinstated for the following semester.  If a student does not achieve a cumulative 3.5 GPA by the end of the grace period but achieves a 3.5 semester GPA they may appeal the STH Academic Services Team to retain their scholarship moving forward.

If a Tuition Scholarship recipient does not meet the required 2.7 cumulative GPA at the end of an academic year, the student will receive their Tuition Scholarship as a grace period for the upcoming semester.  If the student is able to raise their cumulative GPA to a 2.7 or better at the end of the grace period, the Tuition Scholarship will be automatically reinstated for the following semester.  If the student does not achieve a cumulative 2.7 GPA by the end of the grace period but achieves a 2.7 semester GPA they may appeal to the STH Academic Services Team to retain their Tuition Scholarship moving forward.

Disciplinary Probation and Financial Aid

If a student is placed on disciplinary probation and they are either a Dean’s Scholarship, Dean’s Fellowship or Merit Scholarship recipient, they will instead receive the tuition scholarship that pertains to their degree program, unless otherwise determined by the Academic Policies, Procedures, and Fellowships Committee.

Federal Aid for Students

Students who are U.S. citizens or permanent residents may apply for federal aid.  To apply, students must complete both the STH financial aid application and FAFSA here.  Further information on federal financial aid can be found here.  Students may also apply for credit-based federal PLUS loans through the Boston University Office of Financial Assistance.

First-time borrowers (regardless of whether they have previously borrowed at another institution) must complete 1) online master promissory note, and 2) online financial awareness counseling.  If the student completed online entrance counseling at a previous institution they do not need to do it again.  If the student has not done online entrance counseling at a previous institution they must complete it as a STH student.

For current interest rates and loan fees, please visit the U.S. Department of Education online.

Repayment begins six months after the student borrower is no longer enrolled at least part-time in their degree program. Information on repayment can be found here.

Types of federal aid offered by the School of Theology: 

Federal Work-Study: This program is designed to help qualified students meet education expenses through employment. Jobs are available both on campus and in approved nonprofit organizations off campus. The School of Theology receives a limited amount of federal funds; preference is given to returning students who had a work-study job in the previous academic year and remaining funds are awarded to incoming students with the greatest financial need on a first-come, first-served basis.

Federal Direct Unsubsidized Loans: Eligibility for federal unsubsidized loans is determined by the submission of the FAFSA. Students registered for at least 6 credit hours are eligible to apply for a federal unsubsidized loan. Note that Boston University is an approved direct lender for the federal unsubsidized loan.

How to Apply for Financial Aid

Qualified students are encouraged to apply for financial aid at the School of Theology.

Stipends

Beginning in Spring 2016, stipends for returning students will be split into 4 monthly payments per semester and will be paid on the fourth Friday of each month (September-April).

Domestic students will not have taxes withheld by the University but will still be responsible for reporting the stipends accurately to the IRS and paying taxes if required.  See the “Financial Aid and Taxes” section of this page for more.

International students will have 14% tax withheld, unless their government has a tax treaty with the U.S. and they then file the appropriate tax exempt forms with the University.  Also, see the “Financial Aid and Taxes” section of this page for more.

Change of Program

A student wishing to change their degree program (for example, from the MTS to the M.Div.) must make a formal request using a Change of Program form. These forms can be obtained in the STH Admissions Office and require the approval of the Associate Dean for Academic Affairs. If the Change of Program is approved and the student is changing to a degree program longer than their original program, their number of semesters of financial aid eligibility will be extended to match that of their new program. Likewise, if the program the student is changing to is shorter than their original program, their number of semesters of financial aid eligibility will be reduced to match that of their new program.

Students are not permitted to change programs in their final semester. If a student is a Tuition Scholarship recipient, their tuition scholarship percentage will be adjusted to that of their new program in the semester in which the Change of Program is effective.

Student Accounting Services

All payments are made to Boston University Student Accounting Services.

Students can waive the Sports Pass fee if they wish through the Student Link>Money Matters.  More information on the Sports Pass and other fees can be found here.

Withdrawing Credit

Students can electronically request to withdraw credit (funds remaining after all charges have been paid) by using the “request a refund” option on the Account Inquiry page on the Student Link.  Students must provide a valid U.S. bank account number and the funds will be electronically deposited.  This process takes 1-2 business days after the student has made the request.

Loan Deferment

All in-school loan deferment is handled by the BU Office of the University Registrar.  All loan deferment paperwork should be submitted to them.

Financial Aid and Taxes

When completing your tax return, please be sure to consult the following information from the IRS on what is taxable income for students.  Information for international students from the IRS can be found here.  The BU Payroll Office provides tax information for international students here and here.  General tax information from the IRS for students is here.  If you have questions on what is taxable income for you, please consult a tax professional.  BU policy bars financial aid officers from tax advising.

Council of Graduate Schools Resolution on offers of aid to prospective graduate students

For more information, see here.

Change in Registration Status - Full-Time/Part-Time

If a student moves from part-time to full-time (or vice versa), their aid will be adjusted in relation to their new tuition charge. For example, if a Master of Divinity student moves from full-time to part-time and is registered for at least 8 credits, they would be eligible to receive 70% off the part-time tuition rate (provided that they have successfully completed the financial aid application process).

Leave of Absence/Withdrawal

If a student takes a leave of absence, their tuition charge will be adjusted according to the Withdrawal and Tuition Refund Schedule published by the Office of the University Registrar. If a student has been awarded financial aid for a semester in which they decide to take a leave of absence, their aid will be adjusted in relation to their new tuition charge. For example, a Master of Divinity student would have their aid adjusted to 70% off the new tuition charge after they take their leave of absence. If a student takes a leave of absence at or after the point where no tuition refund is made, there will be no change made to their financial aid. For more information on taking a leave of absence, please visit the Withdrawal/Leave of Absence section.

More Financial Aid Information:

Scholarships and Outside Awards

Loans and Future Annual Income