FINANCIAL AID

Over the last decade, the cost of education at institutions of higher education has risen faster than the current rate of inflation. Seminaries have not been excluded from this trend. In response, Fuller Theological Seminary has committed significant resources toward providing a quality seminary education at an affordable price. This commitment flows from the seminary’s mission to prepare men and women for ministry regardless of their financial strength.

Fuller offers various opportunities for students to receive merit-based and need-based institutional grants and scholarships. Each year, nearly two million dollars are disbursed to qualifying students. In addition, Fuller participates in low-interest federal loan programs and a federal work-study program that allows students to work in exchange for financial aid.

 

Application Process

To apply for financial aid at Fuller Seminary, students must follow the following steps.

First, apply for admission at Fuller. Applicants cannot receive any financial aid until they have been accepted into a program. Applicants for the following degrees are sent financial aid applications upon acceptance:

  • Ph.D. in Clinical Psychology
  • Psy.D. in Clinical Psychology
  • Ph.D. in Intercultural Studies
  • Doctor of Missiology

Once the student has applied for admission to Fuller, he or she may contact Student Financial Services to request a financial aid application. To receive maximum consideration for assistance for the upcoming academic year, new students should submit a financial aid application by the first Friday in April.

United States Citizens and Permanent Residents (or Green Card Holders). Fill out the Free Application for Federal Student Aid (FAFSA) and Fuller’s Supplemental Application and send both of these forms to Student Financial Services . Students will be considered for aid in the form of both institutional aid and federal loans.

International Students. Fill out Fuller’s International Student Financial Aid Form. Send this form directly to Student Financial Services at Fuller Seminary. Students will be considered for institutional funds only.

 

Eligibility for Need-Based Financial Aid

To determine a student’s financial need, the direct and indirect costs are added together; this is called the Cost of Attendance. Then the amount the student can contribute toward those costs is subtracted from the total.

Direct Costs. These costs include tuition, fees, and on-campus housing.

Tuition is calculated by multiplying the per unit tuition amount associated with a specific degree program by the number of anticipated units. The current per unit tuition amounts can be found earlier in this section of the catalog.

Fees range from $90 to $110. Most students enrolled full-time pay $110.

Housing at Fuller Theological Seminary in Pasadena is provided in the form of apartment rentals. Rents vary, but the average cost for Fuller housing is calculated at $8,400 per year.

Indirect Costs. Seminary-related expenses not paid directly to the seminary for one enrolled student are estimated as follows (for a 12-month period):



Books

$1,680

Housing

10,500

Transportation

2,070

Food

3,300

Personal and Miscellaneous

4,670

For students living in Fuller housing, indirect costs are estimated as follows:

Books

$1,680

Housing

8,400

Transportation

2,070

Food

3,300

Personal and Miscellaneous

4,670

For example, a full-time Master of Arts and or Master of Divinity student will take 48 units per year. If this student is living in student housing and pays $600 per month, and she enrolls for all four quarters in the academic year, her cost of attendance in academic year 2002-2003 would be calculated as follows:

Tuition ($249 per unit x 48 units)

$11,952

Fees

110

Books

$1,680

Fuller Housing

8,400

Transportation

2,070

Food

3,300

Personal and Miscellaneous

4,670

Cost of Attendance

$32,182

 

Student Contribution. A student must complete the Free Application for Federal Student Aid (FAFSA) in order for Fuller to calculate the student’s estimated contribution. Factors that influence the student’s contribution include:

  • Earned Income
  • Assets
  • Family size and the number of family members attending college
  • Any unusual medical or dental expenses

If the cost of attending Fuller exceeds the student’s contribution, the student is eligible for aid.

Other Eligibility Requirements. To be eligible for a seminary grant, a student must satisfy these additional conditions:

  • Be accepted into a degree program.
  • Plan to take a minimum of 24 units in Pasadena in the financial aid academic year from the Summer Quarter through the following Spring Quarter. For Pasadena campus students, these units can include extension classes, Individulaized Distance Learning (IDL), and Fuller Online classes.
  • Maintain financial aid satisfactory academic progress. See below for the definition of financial aid satisfactory academic progress.

 

INSTITUTIONAL AID

Three types of aid are offered by the each of the three schools: merit-based aid, need-based endowed scholarships, and need-based grant-in-aid. Gifts to the endowment fund from which merit-based and need-based scholarships and grants are made have been given in memory of or by many people, including the following:

  • Berachah Church, Houston, Texas
  • Lowell W. Berry
  • P. Hilding Carlson Memorial
  • Edward John Carnell Memorial
  • Eugene H. Dodds Memorial
  • Kathleen N. Earl Memorial
  • Fuller Evangelistic Association
  • Florence H. Gibbins and John J. Gibbins
  • Eva Porter Hart Memorial
  • Mr. and Mrs. John E. Henry Memorial
  • Jewell Fuller Lang and Fred S. Lang
  • Leonard A. and Ella B. Lindsell
  • Rudolph C. Logefeil
  • Rebecca R. Price Memorial
  • Roy M. Rawley Memorial
  • Clair R. Savage
  • Jane Morgan Stover Memorial
  • R. Donald Weber
  • Lylie Whittle
  • Richard Keith Wright

 

School of Theology

Merit-Based Scholarships and Awards. Recipients of these scholarships and awards are selected by faculty members or a financial aid selection committee solely on the basis of outstanding academic achievement. Students do not apply for these scholarships and awards. Many generous donors provide the funds that make these scholarships possible. Additional details on these scholarships and awards may be found in the first section of this catalog.

  • Lowell Berry/Paul E. Jewett Dean’s Scholarship
  • F. Carlton Booth Evangelism Award
  • Geoffrey W. Bromiley Church History Award
  • Center for Advanced Theological Studies Merit Fellowships
  • The Dilworth International Graduate Fellowship
  • George Gay Memorial Fellowship
  • Everett F. Harrison, Jr., Award in New Testament
  • Hooper/Keefe Preaching Award
  • School of Theology David Allan Hubbard Achievement Award
  • William Sanford LaSor Award in Old Testament
  • Lloyd John Olgivie Preaching Award
  • Parish Pulpit Fellowship
  • Israel Rosales Hispanic Ministries Award

Non-need-based Endowed Scholarships. Through the generous contributions of many donors, Fuller Theological Seminary is able to offer several scholarships to students in the School of Theology that do not require recipients to demonstrate financial need. To be considered, students must submit a financial aid application to Student Financial Services by the third Friday in February. A list of these scholarships and their descriptions is provided below.

Jose Arreguin Scholarship. This scholarship is awarded to Hispanic students in the School of Theology.

Burr/Martens Minority Scholarship. This award, established by Larry Burr in honor of his parents, is designated for African-American students pursuing the ministry.

Call Family Scholarship. This scholarship provides assistance to students who have a genuine commitment to Jesus Christ and a deep commitment to integrate faith and training.

Dunnavant/Reeves Scholarship. This scholarship provides assistance to master’s-level students who maintain a 3.80 GPA and can clearly articulate personal ministry goals.

Rose R. and Genevieve Galuteria Christian Scholarship. This scholarship provides assistance to master’s-level students who have a genuine commitment to Jesus Christ and a deep commitment to integrate faith and training. Preference is given to Hawaiian or international students.

Reverend Olive and Reverend Hartland Hurd Memorial Scholarship. Established by Mr. and Mrs. C.C. Hurd, this fund assists students in preparing for the local Christian Church (Disciples of Christ) pastorate.

Korean Leadership Scholarship. This scholarship provides assistance to master’s-level students (Americans or Korean nationals) who demonstrate a good balance between the ministry of church leadership and human caring. In addition, recipients must show a strong commitment to bridge-building, healing, and serving the community within the church, and must work in a church in the greater Los Angeles area.

Cary Weisiger Scholarship. Given by the congregation of Menlo Park Presbyterian Church as an expression of love in honor of Dr. Weisiger for his twelve years of faithful service, this award is presented to deserving students preparing for the pastorate.

John C. and Ruby Wright Ministerial Scholarship. Established by Mr. and Mrs. Wright, this award is given to deserving students preparing for a pastoral ministry.

 

Need-based Endowed Scholarships. Through the generous contributions of many donors, Fuller Theological Seminary is able to offer a variety of need-based endowed scholarships to students in the School of Theology. In addition to financial need, factors such as denomination and calling are used to select recipients for these competitive scholarships. To be considered, students must submit a financial aid application to Student Financial Services by the third Friday in February. A list of these scholarships and their descriptions is provided below.

Glenn and Margaret Barker Memorial Scholarship Fund. This fund was established by Glenn W. Barker, first Provost of the seminary, in loving memory of his wife Margaret. After his death the fund was expanded and is provided as an investment in seminarians to assist in financing their education for future ministry.

Barnabas Scholarship. This endowed fund has been established for School of Theology and School of Intercultural Studies students. It is the intent of the donors that the recipients not only benefit financially, but that the grants serve to illustrate the biblical model of Barnabas, who was a quiet enabler.

James and Barbara Bere Merit Scholarship. These scholarships provide assistance to master’s-level students who show exceptional promise as full-time vocational ministers or scholars, maintain at least a 3.5 GPA, and demonstrate financial need.

Heather Marie Bergman Memorial Scholarship. This scholarship provides assistance to second career African American women.

Bronson International Scholarship. Endowed by Mr. and Mrs. Henry Bronson, this scholarship assistance is provided for foreign nationals who plan to return to their home country to more effectively communicate the Gospel to those of their own culture.

Burr/Roth Scholarship Award. This award, established by Mr. and Mrs. Albert L. Roth in honor of Larry Burr and in recognition of his faithful service to others and to the seminary, is given annually to a worthy and needy student.

Burr/Roth Scholarship Award. This award, established by Mr. and Mrs. Albert L. Roth in honor of Larry Burr and in recognition of his faithful service to others and to the seminary, is given annually to a worthy and needy student.

Frederick W. and Bernice S. Bush Scholarship. This scholarship provides assistance to Master of Divinity students who demonstrate significant financial need.

Hugh and Hazel Darling Scholarship. This scholarship provides assistance to students who attend full-time and demonstrate significant financial need.

Memorial Faculty Scholarships. Each year a number of scholarships are given in the name of faculty members who have served Fuller Theological Seminary for twenty years or more. Faculty who are honored in this way now include Dr. Geoffrey Bromiley, Dr. Daniel Fuller, Dr. Everett Harrison, Dr. David Allan Hubbard, Dr. William S. LaSor, Dr. George Ladd, and Dr. Paul K. Jewett.

Homer and Isabelle Goddard Lay Ministry Scholarship Award. Given by Wallace and Margaret Larson, this scholarship fund was established in honor of Homer and Isabelle Goddard in recognition of and appreciation for their lifelong commitment to lay ministry.

George and Della Hummel Scholarship Fund. Established by Mrs. Della Hummel, this scholarship is given to a master’s-level student who desires to integrate faith and training and who demonstrates financial need.

International Student Scholarship. Given by Janet Holdcroft, out of concern about developing Christian leadership among nationals in Third World countries, this grant is awarded to a non-U.S. student who plans to return to his or her home country upon graduation.

Johnston/Yinger Scholarship Fund. Given by Mr. and Mrs. Robert Johnston and Mr. and Mrs. William Yinger in honor of their parents, this grant is awarded to School of Theology students who are interested in evangelism and social action expressed in church planting and cross-cultural and inner-city ministries.

Ken Lorenz Memorial Scholarship Fund. This fund was established by Leonard and Muriel Lorenz in fond memory of their son, a former Fuller student.

Mildred C. McCrossan Memorial Scholarship. Given by Mr. and Mrs. Thomas McCrossan and Mr. David McCrossan in honor of their mother and wife in recognition of her concerns for the local church and its leaders, this grant is awarded to a student who plans to work with a frontier mission in evangelism and church planting.

Howard C. and Martha M. Miller Student Aid Fund. Established by Mr. and Mrs. Howard C. Miller to help students who have great future promise, but who are struggling with financial burdens.

Joe Nunziato Scholarship. Established by Mr. and Mrs. R. Thomas Barber in honor of Joseph S. Nunziato and his ministry in the pastorate, this award is given to a senior in the who intends to go into full-time ministry.

Norman Vincent Peale Scholarship. This endowed fund in recognition of the outstanding ministry of Norman Vincent Peale is intended to assist with the financial needs of second or third year School of Theology students preparing for the local church ministry.

Primitivo and Pilar Memorial Scholarshiop. This scholarship provides financial assistance to students enrolled in the Hispanic Church Studies Program and who are involved in pastoral ministry, demonstrate hardship in ministry, and demonstrate financial need.

James Morton Reid/Sally Samuelson Scholarship. Established by Mr. and Mrs. Jack Samuelson, this grant is awarded to second or third year students in the School of Theology who are preparing for local church ministry.

Anna M. Rosewall Scholarship Award. Established by Donald A. Rosewall in fond memory of his wife and co-servant. Recipients are selected from second year students committed to evangelical ministries.

Leonard S. and Carole C. Song Scholarship. Given by Mr. and Mrs. Leonard S. Song, this award is provided to worthy students preparing for the ministry.

Bob Watson Scholarship. This scholarship provides financial assistance to students who maintain a GPA of 2.5 or better and are able to articulate how the Gospel can be communicated through the media and the arts.

Reverend Barbara Ann Wilson Memorial Scholarship Fund. Given by Mrs. Barbara Jean Haney in memory of her sister, this award is given to African-American women over the age of 30 in the School of Theology.

 

Institutional Need-Based Grants. There are a variety of programs designed to assist students.

General Need-based Grants. All students enrolled in an M.A. or M.Div. program are eligible to apply. The average grant in 2002-2003 covered 24 percent of tuition.

African-American Ministries Grants. All students admitted into the African-American Church Studies program who are U.S. citizens or permanent residents are eligible to apply. The average grant in 2002-2003 covered 40 percent of tuition.

Latino Leadership Grants. All students admitted into the Hispanic American Church Studies program who are U.S. citizens or permanent residents are eligible to apply. The average grant in 2002-2003 covered 40 percent of tuition.

Team Ministry Grants. Fuller offers these grants to married couples who are pursuing a joint ministry. Both students must be accepted into an M.A. or M.Div. program. Under this program, eligible students pay full rate for the first 16 units of their combined tuition each quarter. One student then receives a Team Ministry Grant, which covers 75 percent of the remaining tuition cost for that quarter. Both students must complete separate applications.

 

School of Intercultural Studies

Merit-Based Scholarships and Awards. Recipients of these scholarships and awards are selected by faculty members solely on the basis of outstanding academic achievement. Students do not apply for these scholarships and awards. Many generous donors provide the funds that make these scholarships possible. Additional details on these scholarships and awards may be found in the first section of this catalog.

  • Dilworth International Graduate Fellowship
  • School of Intercultural Studies David Allan Hubbard Achievement Award
  • Donald Anderson McGavaran Award in Church Growth
  • Alan R. Tippett Award
  • School of Intercultural Studies Dean’s Award
  • Anthropology Award
  • Bible Translation Award
  • Communication Award
  • Contextualization Award
  • Folk Religion Award
  • History Award
  • Islamic Studies Award
  • Leadership Award
  • Missiology Award
  • Theology Award
  • Urban Mission Award

Non-need-based Endowed Scholarships. Through the generous contributions of many donors, Fuller Theological Seminary is able to offer several scholarships to students in the School of Intercultural Studies that do not require recipients to demonstrate financial need. To be considered, students must submit a financial aid application to Student Financial Services by the third Friday in February. A list of these scholarships and their descriptions is provided below.

Call Family Scholarship. This scholarship provides assistance to students who have a genuine commitment to Jesus Christ and a deep commitment to integrate faith and training.

Dunnavant/Reeves Scholarship. This scholarship provides assistance to master’s-level students who maintain a 3.80 GPA and can clearly articulate personal ministry goals.

Rose R. and Genevieve Galuteria Christian Scholarship. This scholarship provides assistance to master’s-level students who have a genuine commitment to Jesus Christ and a deep commitment to integrate faith and training. Preference is given to Hawaiian or international students.

Korean Leadership Scholarship. This scholarship provides assistance to master’s-level students (Americans or Korean nationals) who demonstrate a good balance between the ministry of church leadership and human caring. In addition, recipients must show a strong commitment to bridge-building, healing, and serving the community within the church, and must work in a church in the greater Los Angeles area.

Jerry and Nancy Owsley Scholarship Award. Established in memory of Jerry and Nancy Owsley by their children, this award is given to third-world students in the School of Intercultural Studies who plan to return to their native countries to minister upon graduation.

Young-Nak Mission Scholarship. This scholarship provides assistance to Korean students who are preparing for mission services with preference for those who plan to serve in North Korea.

 

Need-based Endowed Scholarships. Through the generous contributions of many donors, Fuller Theological Seminary is able to offer a variety of need-based endowed scholarships to students in the School of Intercultural Studies. In addition to financial need, factors such as denomination and calling are used to select recipients for these competitive scholarships. To be considered, students must submit a financial aid application to Student Financial Services by the third Friday in February. A list of these scholarships and their descriptions is provided below.

Glenn and Margaret Barker Memorial Scholarship Fund. This fund was established by Glenn W. Barker, first Provost of the seminary, in loving memory of his wife Margaret. After his death the fund was expanded and is provided as an investment in seminarians to assist in financing their education for future ministry.

Barnabas Scholarship. This endowed fund has been established for School of Theology and School of Intercultural Studies students. It is the intent of the donors that the recipients not only benefit financially, but that the grants serve to illustrate the biblical model of Barnabas, who was a quiet enabler.

Charles and Jean Beckmann Scholarship Fund. This fund was established by Mr. and Mrs. Charles Beckmann to assist School of Intercultural Studies students who intend to return to their country of origin to communicate the Gospel more effectively to those of their own culture.

Heather Marie Bergman Memorial Scholarship. This scholarship provides assistance to second-career African American women.

Bronson International Scholarship. Endowed by Mr. and Mrs. Henry Bronson, this scholarship assistance is provided for foreign nationals who plan to return to their home country to more effectively communicate the Gospel to those of their own culture.

Oi-Jen Tsin Chan Jubilee Scholarship. This scholarship is given to an international student from a developing country whose ministry plans include returning to their home country after completion of their program. Preference is given to students from China.

Hugh and Hazel Darling Scholarship. This scholarship provides assistance to students with significant financial need.

J. Edward Headington Jubilee Scholarship. This scholarship is given to an international student from a developing country whose ministry plans include returning to their home country after completion of their program.

George and Della Hummel Scholarship Fund. Established by Mrs. Della Hummel, this scholarship is given to a master’s-level student who desires to integrate faith and training.

International Student Scholarship. Given by Janet Holdcroft, out of concern about developing Christian leadership among nationals in Third World countries, this grant is awarded to a non-U.S. student who plans to return to his or her home country upon graduation.

Korean Leadership Development Scholarship. This award is given to a Korean-American or Korean national who is enrolled in a degree program. The award is intended to recognize students who demonstrate a good balance between the ministry of church leadership and human caring, and who show strong personal commitment to bridge building, healing, and serving the community within the church.

Oscar and Ailene Lucksinger Scholarship. This scholarship is given to an international student from a developing country whose ministry plans include returning to their home country after completion of their program.

Mildred C. McCrossan Memorial Scholarship. Given by Mr. and Mrs. Thomas McCrossan and Mr. David McCrossan in honor of their mother and wife in recognition of her concerns for the local church and its leaders, this grant is awarded to a student who plans to work with a frontier mission in evangelism and church planting.

Daniel and Pearl Pierson Jubilee Scholarship. This scholarship is given to an international student from a developing country whose ministry plans include returning to their home country after completion of their program.

James Morton Reid/Sally Samuelson Scholarship. Established by Mr. and Mrs. Jack Samuelson, this grant is awarded to second-year students in the School of Intercultural Studies who are preparing for local church ministry.

Bobs Watson Scholarship. This scholarship provides financial assistance to those students who maintain a minimum GPA of 2.5 or better and are able to articulate how the Gospel can be communicated through the media and the arts.

 

Institutional Need-Based Grants. There are a variety of programs designed to assist students.

General Need-based Grants. All students enrolled in a M.A., Th.M, D.Miss, or Ph.D. program are eligible to apply. The average grant in 2002-2003 covered 24 percent of tuition.

Team Ministry Grants . Fuller offers these grants to married couples who are pursuing a joint ministry. Both students must be accepted into an M.A. or Th.M. program. Under this program, eligible students pay full rate for the first 16 units of their combined tuition each quarter. One student then receives a Team Ministry Grant, which covers 75 percent of the remaining tuition cost for that quarter. Both students must complete separate applications.

 

School of Psychology

Merit-Based Scholarships and Awards. Recipients of these scholarships and awards are selected by faculty members solely on the basis of outstanding academic achievement. Students do not apply for these scholarships and awards. Many generous donors provide the funds that make these scholarships possible. Additional details on these scholarships and awards may be found in the first section of this catalog.

  • Alumni Merit Scholarship
  • American Psychological Association Scholarship
  • Ray Anderson Integration Award
  • Department Community Award
  • John P. Davis Jr. Memorial Scholarship
  • School of Psychology Dean’s Award
  • Dilworth International Graduate Fellowship
  • Dunnavent/Reeves Scholarship
  • Faculty and Administrative Wives Memorial Award
  • Frank and Evelyn Freed Scholarship
  • Clare W. Headington Memorial Scholarship
  • School of Psychology David Allan Hubbard Achievement Award
  • Heavenly Treasure Jubilee Scholarship
  • Grace Li Jubilee Scholarship
  • Tan Family Jubilee Scholarship
  • Marriage and Family Faculty Award
  • Dennis Guernsey Memorial Award
  • H. Newton and Suzanna Malony Scholarship
  • Gene Wesley Pfrimmer Memorial Award
  • Robertson Merit Scholarship
  • John Stauffer Memorial Merit Fellowship
  • Lee Edward Travis Award
  • Vermeer Scholarship

Need-based Endowed Scholarships. Through the generous contributions of many donors, Fuller Theological Seminary is able to offer a variety of need-based endowed scholarships to students in the School of Psychology. In addition to financial need, factors such as theraeputic approach, nationality, and calling are used to select recipients for these competitive scholarships. Only returning students may apply for these scholarships. In addition to submitting a Financial Aid Application to Student Financial Services by the end of the third Friday in February, applicants must complete additional documents as specified by the School of Psychology. All enrolled psychology students are notified of scholarship opportunities during the Winter quarter. All recipients are selected by a faculty committee.

Amadeus Scholarship. This scholarship provides assistance to those students in the School of Psychology who actively present Christ as the foundation for a client’s healing.

Jeff Balswick Memorial Award. This award is given in memory of Jess Balswick, the late son of Drs. Jack and Judith Balswick of the Marriage and Family Department of the School of Psychology. The award is given annually to two students in the Department. The recipient must have demonstrated not only academic excellence and financial need, but a commitment to the application of family therapy and/or family studies in cross-cultural contexts.

Carlsberg Family Scholarship. This scholarship provides assistance to students who are interested in health psychology and/or brain function.

International Student Scholarship. Given by Janet Holdcroft, out of concern about developing Christian leadership among nationals in Third World countries, this grant is awarded to a non-U.S. student who plans to return to his or her home country upon graduation.

School of Psychology Minority Scholarship. This scholarship provides assistance to ethnic minority students who plan to return to their communities to provide psychological service, teaching, research, therapeutic practice, or other related professional skills.

 

General Clinical Psychology Need-based Grants. All students enrolled in a Ph.D. or Psy.D. program are eligible to apply. The average grant in 2002-2003 covered 18 percent of tuition.

General Marital and Family Therapy Need-based Grants. All students enrolled in an M.S. program are eligible to apply. The average grant in 2002-2003 covered 12 percent of tuition.

 

FEDERAL LOAN PROGRAMS

Fuller participates in two federal financial aid programs. Students must meet the following basic eligibility requirements:

  • Be a U.S. Citizen or permanent resident
  • Maintain financial aid satisfactory academic progress. See below for the definition of financial aid satisfactory academic progress.
  • Maintain at least half-time enrollment
  • Be in compliance with the selective service registration requirement (if a male student)
  • Not be in default on any federal student loans.

 

Federal Student Loans

Federal Subsidized Stafford Loans. The subsidized federal Stafford Loan is a need-based loan requiring a student to have financial need as described earlier. The following borrowing limits apply to graduate students (depending on financial need):

  • Annual limit: $8,500
  • Aggregate limit: $65,500 (includes both undergraduate and graduate borrowing)

Interest does not accrue and the student is not required to begin repaying the loan until six months after graduation. However, students may go into premature repayment if they drop below half-time enrollment prior to graduation. The interest rate is variable, with a cap of 8.25 percent.

Federal Unsubsidized Stafford Loans. In addition to the subsidized loan, an Unsubsidized Federal Stafford Loan is available to borrowers who do not have need-based eligibility or must borrow in excess of the subsidized loan limit. The following borrowing limits apply to graduate students:

  • Annual limit: $18,500 (including any subsidized amount)
  • Aggregate limit: $73,000 (includes both undergraduate and graduate borrowing)

Interest begins to accrue immediately, and the student is responsible for interest payments while in school. The student is not required to begin paying the principal of the loan until six months after graduation. However, students may go into premature repayment if they drop below half-time enrollment prior to graduation. The interest rate is variable, with a cap of 8.25 percent.

Federal Perkins Loan. These loans are need-based, low interest loans. Repayment begins nine months after a student graduates. However, students may go into premature repayment if they drop below half-time enrollment prior to graduation. Graduate students can borrow up to $6,000 per academic year. Federal Perkins loans are awarded from a small budget. Therefore, priority is given to students with the highest tuition costs. The interest rate is fixed at five percent.

 

Federal Work-Study

Work-study is a federal program that awards financial aid to students in exchange for work. To participate in the federal work-study program, students must show financial aid need. There are a variety of positions on the Fuller campus that qualify as federal work-study positions. Student Financial Services does not place students into federal work-study positions. Students must locate the job and contact the financial aid office when the interview process begins.

 

Other Fuller Partners

Fuller Theological Seminary students receive scholarships and grants from a number of organizations. Awards can depend on denomination, scholastic ability, previous vocation, etc. Student Financial Services assists in identifying potential recipients by determining need and reviewing applications. Listed below are awards typically made to Fuller Theological Seminary students.

Fuller Seminary Auxiliary. The Fuller Auxiliary annually offers a limited number of scholarships to students in all three schools.

PCUSA Denominational Funds. The PCUSA offers grants and loans to students who are either candidates or inquirers with the Presbyterian Church U.S.A. To apply, student must request an application through the denominational headquarters or stop by Student Financial Services. Students must have a financial aid application on file in the financial aid office in order to be recommended.

The College Womens Club Scholarship. Female students in the clinical psychology program are invited to apply for this competitive scholarship in January of each year. Applications are available at Student Financial Services.

Sandy Ford Leadership Award in Evangelism. This is a merit award given to a student who has completed at least one year of studies and who has shown spiritual maturity, outstanding leadership potential, and who is called to a ministry of evangelism or missions.

Mephibosheth Scholarship. This scholarship provides assistance to disabled students who are attending full-time in any of the three schools. Students must complete a financial aid application to be considered. Decisions are made in November.

All Seminary Council Ethnic American Grant. Supported by contributions to the Fuller Student Fund by seminary students, faculty and staff, and administered by the All Seminary Council, this scholarship provides assistance to African-Americans, Native Americans, Hispanic Americans and Asian Americans in all three schools. Recipients must demonstrate financial need.

 

PRIVATE LOAN PROGRAMS

Commercial Educational Loans. These loans are offered by various financial institutions and are in addition to and distinct from the federally-funded loan programs. Terms vary among plans. The most recent information is available from Student Financial Services.

Fuller Seminary Emergency Short-Term Loans. The Seminary has a small fund to help in case of emergencies (e.g. car repairs, unexpected medical bills) and may loan student who are enrolled for at least eight units up to $300. Repayment is due in two months, and no interest is charged unless repayment is late.

 

OTHER SOURCES

Government Agencies. Students eligible for veteran’s benefits may receive those benefits for training in most programs at Fuller. Information is available from the veterans affairs advisor in the Registrar’s Office. Students with physical disabilities may qualify for assistance from their state’s vocational rehabilitation agency.

 

FINANCIAL AID SATISFACTORY ACADEMIC PROGRESS

In order to be eligible for institutional and federal financial aid, students must maintain financial aid satisfactory academic progress (FASAP). Fuller takes two satisfactory academic progress measurements. Students must make FASAP under both measurements to be eligible for financial aid.

Qualitative Measure. Students who have attempted more than 16 units must maintain a minimum cumulative GPA of 2.5 or better. Students who have attempted less than 16 units are exempt from the qualitative measure.

Quantitative Measure. To measure the quantitative progress of each student, Fuller calculates the percentage of successfully completed coursework.

Students in the Ph.D. in Intercultural Studies, Ph.D. in Theology, Th.M. in Theology, or the D.Min. degree programs must complete 75 percent of all attempted coursework.

Students in all other degree programs who have attempted at least 24 units must successfully complete 75 percent of all attempted coursework. Students who have attempted less than 24 units must successfully complete at least 60 percent of all coursework.

Quantitative Measure Calculation. To calculate the percentage of successfully completed units, Fuller uses the following formula: Earned Units divided by (Attempted Units minus Excluded Units) = Percentage of successfully completed units.

The excluded units are in-process courses, zero-units courses (such as ESL courses), Holds, Hold Extensions, Withdrawals, and Transfer Credits (transfer credits are excluded so that only units earned at Fuller Theological Seminary are used to calculate the quantitative measurement).

Satisfactory Academic Progress Increments. Fuller takes a FASAP measurement four times each year. The measurement occurs one week before institutional grants are disbursed.

Ineligible Status. All financial aid recipients who fail to make satisfactory academic progress will receive a financial aid suspension letter along with information detailing the petition process. The suspension of financial aid is in effect until the student meets the stated satisfactory academic progress policy or a FASAP petition is approved.

 

Satisfactory Academic Progress Petition Criteria

A student must on financial aid suspension can submit a petition if mitigating circumstances prevented the student from making satisfactory academic progress. Circumstances that are considered are death in the family, accident, illness, and other performance factors that were outside the student’s control.

To petition, a student must submit the following documentation in writing to Student Financial Services within 30 days of receiving the suspension letter:

  • A detailed letter explaining the mitigating circumstance that affected the student’s ability to make FASAP.
  • A resolution or plan of action explaining how the student plans to assure future academic success.
  • A statement from the student’s academic advisor stating the advisor’s opinion regarding the student’s ability to make satisfactory academic progress.
  • Documentation of illness or medical condition. The student must provide a letter from the attending physician stating that the condition will no longer hinder the student’s ability to make FASAP. The letter must also include the dates the condition occurred. The dates must coincide with the period the student failed to make FASAP.

Student Financial Services Policy Review Team will review the petition and notify the student of a decision within 30 days of submission.