Costs & Aid FAQs

We hope these questions will be an easy reference for you as you move forward in financing your graduate education. (Additional FAQ's about our seminary and the admissions process can be found on the FAQ page under Admissions.) Please review these questions, then give us a call if there is still something you'd like us to help you with. You can reach admissions at 800.697.1133. If you'd like to contact Student Financial Services directly, call 616.222.1424.

How much is tuition?

Tuition for the 2014-2015 academic year is $505 per credit hour. Most classes are three credit hours. For a Master of Theology degree, it is $522 per credit hour.

What are the financial aid deadlines?

If you plan to start seminary in the summer or fall, your priority deadline for the FAFSA is March 31. If you plan to start seminary in the spring, your priority deadline is November 15. New students are still eligible for financial aid after those dates, but it is best to apply before them to qualify for the maximum amount of aid.

What is considered “full time” or “part-time” for financial aid purposes?

For federal loans, you are considered full-time at nine or more credits and part-time at 5-8 credits. For institutional aid, you are considered full-time at 11 or more credits and part-time at 5-10 credits. Online students are considered part-time at three credits.

Is financial aid available for the summer semester?

Institutional grants and scholarships are only available for the fall and spring semesters. However, loans are available to students taking five or more credits in the summer. Our summer classes are entirely fee-free! You'll only pay tuition.

How will I know if I qualified to receive any federal or institutional financial aid?

After you have submitted all requested information, Student Financial Services will evaluate it using federal and institutional guidelines. Following this assessment and your admission to GRTS, we will notify you of the type(s) and amount(s) of financial aid for which you qualify. Once you receive your financial aid award letter, return a signed copy to the Student Financial Services Office indicating which awards you accept.

We award financial aid on a “rolling” basis until all funds are exhausted. However, we will only consider you for maximum financial aid options if you submit your financial aid application by March 31 (for the fall semester) and November 1 (for the spring semester).

When will I find out how much financial aid I qualify for?

Applicants for the spring semester will find out by the end of December. Applicants for the fall semester will find out by mid-June. You must be an accepted student before receiving an official awards package. If you have your current EFC score from the FAFSA, a member of the Admissions team can give you an estimate of the amount of institutional grants you qualify for.

What is the FAFSA and why does it matter?

The FAFSA measures your Expected Family Contribution, or EFC. Using the income and tax information you submit on the FAFSA application, the government determines what you and your family can reasonably “contribute” to your education. If you have a low EFC, it means the government is measuring that you don’t have much to contribute financially to your education; therefore, you have a high need for assistance. To complete the FAFSA application, click here. Make sure you have last year’s tax paperwork handy!

I’ve been selected for “verification” for the FAFSA. What does that mean?

Some FAFSA applicants are selected for verification, which means you’ll need to send in some additional documentation. For questions on verification, contact David Norde in Student Financial Services at 616.222.1424.

What if the FAFSA doesn’t require information that I think should be considered in determining my financial aid eligibility?

Please communicate such information by phone or e-mail to Student Financial Services when you submit the Seminary Scholarship Application. We may request additional information if we need it to consider your unusual circumstances, such as unreimbursed medical expenses, change in family income, etc. The FAFSA uses last year's taxes, and it's not uncommon for someone's income to vary greatly from that due to job loss, no longer filing as a dependent, etc. These scenarios are good to communicate in your Seminary Scholarship Application essay.

Where can I get help with filing for financial aid?

The Federal Student Aid Information Center will help you with completing the FAFSA and interpreting the Student Aid Report. You can call them at 800.433.3243 (800.4.FED.AID). Please call Student Financial Services at 616.222.1424 if you have other questions about filing for financial aid.

Do you offer veteran benefits?

Yes, please visit Student Financial Services' Veteran Benefits page to learn how we can help facilitate the aid that is available to you as a veteran.

How do I pay my bill?

Click here to review your options for paying your bill. 

Costs and Aid