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Financial Aid

Financial Aid Process

  • A student must apply and be accepted to Grace Theological Seminary prior to receiving a Financial Aid award notification from Grace. Click here to apply.
  • In order to receive Seminary financial aid, each student must fill out the FAFSA after October 1 of each year. Grace’s federal school code is 001800.
  • Complete applicable scholarship applications and deposit online.
  • If you have any financial aid questions Email us. Or Email Financial Aid or call 800-544-7223, ext. 6162.

Seminary Scholarships

Deploy Scholarship

All qualifying Deploy students apply to receive a 1/3 reduction in tuition cost. For more information Email us.

Sparks Endowment (GTS Scholarship)

The GTS scholarship program is available to all seminary and Deploy students enrolled in a master’s degree program of 48 hours or more (M.A. in Local Church Ministry, M.A. in Intercultural Studies and the M.Div.). The scholarship will provide $65 per credit hour for Grace Brethren members and $50 per credit hour for non-Grace Brethren members.* Eligibility may be effected by other types of financial aid received. Applications are due by August 24 for the fall semester and January 1 for the spring semester.

*When applied to Deploy, scholarship money is applied monthly and amounts vary.

Shepherd’s Endowment Seminary Apprenticeship Scholarship

The Shepherd’s Endowment scholarship program is available to Seminary students enrolled in a Masters program of 48 hours or more. It will provide a $50 per credit hour for all students registered for Local Church or Intercultural Apprenticeship courses. 

Church Matching Program

Grace Seminary provides a matching scholarship to students whose church agrees to assist them financially. The seminary will match the amount of the church’s scholarship up to $500 per student per year. To be eligible, a student is required to be a half-time student in a two or three-year program, taking at least five or more credit hours per semester. The application deadline for the fall semester is August 1 and the spring deadline is December 15.

Please have your church fill out the following forms:

Glimpse of Grace Program

Each spring, Grace Theological Seminary hosts a special scholarship event called Glimpse of Grace. The following is a list of the requirements and scholarships that will be awarded. Candidates will be evaluated by ministry potential and experience, spiritual life and academic achievement. Anyone that has inquired to Grace for either the upcoming fall or spring semesters will be invited.

Scholarships Available

  • Three trustee scholarships of $2,000 each
  • Three faculty scholarships of $1,000 each
  • Five achievement scholarships of $500 each

Criteria for the Scholarships

  • Apply to Grace Theological Seminary
  • Write an essay that is no longer than 500 words on the topic “Why I have decided to attend seminary.” This essay must be turned in before your interview.
  • Only residential students are eligible for scholarships.

To learn more and to register online, please visit www.grace.edu/glimpse.


Charis Fellowship Forgivable Loan

Prospective seminary and Deploy students interested in serving with the Charis Fellowship of Churches (formerly FGBC) are encouraged to apply for a forgivable loan sponsored by the Grace Brethren Investment Foundation (GBIF).

A total of $50,000 in forgivable loans can be awarded to four students who commit to serving in a Charis Fellowship ministry for at least three years after graduation. These funds will cover up to a third of a student’s total tuition costs for their degree program.

Students must be accepted into a seminary program to be eligible.

Face-to-face or phone interviews can be scheduled with the Seminary Office Manager via email or by phone at 800-544-7223, ext. 6437.


Outside Seminary Scholarships

We encourage students to search for independent scholarship in addition to those we offer. You may use these web-based scholarship search sites to see if you qualify for outside scholarships. Grace does not endorse these scholarship search sites, but rather provide them as a tool to help you begin your search for outside scholarships. Then have links to FastWeb; Sallie Mae College Planning; Discover Scholarship


Advanced Standing and Transfer Credit

Additional cost-saving measures are Advanced Standing and Transfer Credits. At Grace we offer both of these, please see our page on them here.