Urshan Graduate School of Theology provides a broad program of financial aid for full-time on campus and distance learning students. We also offer some financial assistance to our part-time students. Financial assistance is available for no more than the number of hours in the degree program. Tuition for repeated courses will not be covered under financial aid. Courses from which a student withdraws are not counted towards the number of hours of financial aid. Therefore, withdrawal from a course may result in a student losing scholarship status; and thus the student would be liable for any financial help received during that semester based on his/her full-time status. New students should apply through the Admissions Department. The Financial Aid Committee makes award decisions.
Before You Apply for Financial Aid
Although you can file for financial aid at any time, our PRIORITY processing timeframe to receive maximum consideration for financial aid is: January 1 – April 1st of each year. All information must be in our office by this date to receive maximum consideration for financial aid. We suggest you file by March 1st to insure your information is in our office by the priority date. To file for financial aid you must:
Apply for Admission
No offer of financial aid can be made until you have been officially accepted for admissions to Urshan
Graduate School of Theology as a regular student in a degree-seeking program.
File the Free Application for Federal Student Aid (FAFSA)
You are encouraged to file the FAFSA on-line at studentaid.gov. UGST’s federal number is: G41461
Note: If you file electronically you will receive a Personal Identification Number (PIN). You can use the
PIN to sign the FAFSA electronically. Without a signature the FAFSA will not be processed.
How to Apply for Financial Aid
- Meet Eligibility Requirements which includes (but is not limited to) being enrolled in 6 credit hours for the semester.
- Complete Application for Urshan Graduate School of Theology.
- Complete a Direct Loan Entrance Counseling.
- Apply for a Federal Personal Identification Number (this will be your electronic signature).
- Complete the Free Application For Federal Student Aid
(Required for Federal Loans. UGST’s School Code: G41461).
- Complete a Direct Loan Master Promissory Note (MPN) (you will need a PIN to complete this).
- Reapply every year.
For additional information, see the Financial Aid Handbook.
The average loan debt for an Urshan Graduate School of Theology graduate is between $25,000 and $50,000.
A reminder about Loans!
Because of the new laws governing Financial Aid programs, loan processing can take longer than it has in the past.
If you expect to have your loan available for the first Fall payment, you must have your Loan Application filed with us on or before July 1st. (We must, of course, have your Federal Student Aid Report, before we can process the Loan!!) You must also be a fully accepted student.
If you are on the payment plan, you are responsible for making payments on or by the due date, regardless of whether or not your loan has been processed.