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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:

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.