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Ways to Pay for a GST Education
The ACU Graduate School of Theology has a number of ways to help you pay for your education. Listed below are various forms of financial aid that can be awarded and applied for when attending the GST.
As always, we are glad to help answer your questions. Feel free to contact us with any questions or concerns.
The Graduate School of Theology offers scholarship assistance to residential students based on prior academic record, financial need, and potential for ministry and further academic research. Scholarships are awarded on an annual basis and are re–evaluated at the end of each school year. Scholarship awards are made as applications are completed, and the amounts are determined based on the strength of each application. To apply for scholarships in the Graduate School of Theology, complete and submit the GST Scholarship Application.
Federal Direct Loans
The Federal Direct Loan Program consists of unsubsidized loans and is awarded regardless of demonstrated need. Graduate students are generally allowed to borrow up to $20,500 each academic year.
Federal Direct Graduate PLUS Loan (GRAD PLUS)
This loan can be used to supplement other financial aid, such as the Federal Direct Loan. Repayment of this loan begins within 60 days after the entire loan has been disbursed. The GRAD PLUS Loan is subject to in-school deferment, but it is not automatic. Deferment can be granted by the lender after providing proof of at least half-time enrollment. Graduate students seeking a Grad PLUS Loan for the 2013-14 academic year may apply after June 15. Instructions on the application process will be provided at that time.
The GST Department recognizes that specific financial situations arise that may make graduate work difficult for students. Need-based aid is awarded in situations like these after reviewing the student’s GST Scholarship Application.
A number of Graduate Assistantships are offered at Abilene Christian University on a competitive basis. Graduate Assistants (GA's) fall into three categories according to major responsibilities.
- Academic support, including clerical work
Upon employment, GA's are given a letter clearly stating responsibilities, remuneration, and the expectations of the department and of the professor to whom they are assigned. In the Graduate School of Theology, GA's are required to work 7.5 hours a week and are paid an hourly wage.
ACU Employee Tuition Benefit Program
This benefit program applies to all full-time and half-time employees at ACU and is designed to help employees, and their immediate family, obtain additional education. ACU employees, their spouses, and children are eligible to receive a discount on their tuition.
Church Match Scholarship
Church congregations may send up to a $500 scholarship per academic year for a full-time student (9 hours for graduate students) to ACU, and the funds will be matched. The congregation must send the scholarship check with the completed Church Match Scholarship form. This scholarship is available for Fall and Spring semesters only, and forms should be sent with the scholarship check from the congregation between June 1 and September 1 for the Fall semester, or between December 1 and February 1 for the Spring semester.
The Fund for Theological Education
The Fund for Theological Education offers fellowships for first and second year seminary students, which you can find through the FTE Fund Finder. For more information, and links to the applications, visit the FTE website.
Loretta & V.W. Kelly Scholarship
Students who graduate from ACU with their undergraduate degree and stay at ACU to receive their graduate degree may be nominated by an ACU Faculty or Staff member for the ACU Alumni Association’s Loretta & V.W. Kelly Scholarship.
The Crutcher and Vickie Scott Foundation Scholarship
Students who are currently a minister at an Abilene area church can apply for this scholarship. Applicants must submit an application and two recommendation forms in order to be considered for this scholarship.