How to Apply for Financial Aid
Scholarships and/or institutional aid are available to all accepted degree-seeking students of the seminary, but must be applied for annually. Those students seeking only a certificate or diploma, or are only auditing classes, do not qualify. Applications, found at www.nts.edu/scholarship-application, must be submitted prior to March 1 for the upcoming academic year which will always begin with the Fall semester. If you are planning on beginning your studies at NTS in a Spring semester or Summer term, you must submit an application by November 1 of the same academic year that you plan to enroll in. Summer terms are considered a trailer to the academic year. New students may submit a scholarship application before all admissions materials are submitted and you are accepted to the seminary. Scholarships are annual awards and a new scholarship application must be submitted by all students by the above deadlines every year in order to qualify.
In general, students must have a 3.0 GPA to be considered for scholarship awards at the time of academic evaluation. All new and returning students who submit their applications by the appropriate deadline will be considered for awards at the discretion of the scholarship committee and as funds are available. Applications for new and returning students submitted after the deadlines will be considered on a case-by-case basis and applications may be accepted, denied, or considered the following semester. If an award is given to a late applicant, the award may be reduced or awarded the following semester.
Federal Student Aid
Federal Direct Unsubsidized Loans are available to eligible degree-seeking students enrolled in at least 5 credit hours (half-time) during the term of enrollment. If you are seeking a certificate or diploma only, or are only auditing classes, you do not qualify for federal aid. If a FAFSA has been filed for the student, eligibility will be calculated and the loan amount will be offered to the student in an official letter sent along with the student’s billing statement, or in a separate package.
To secure a Federal Direct Loan, complete the Free Application for Federal Student Aid (FAFSA) online. The school code for Nazarene Theological Seminary is G02494. The NTS Financial Aid Office will then calculate your eligibility based on information obtained from your FAFSA and your enrolled hours. NTS will prepare a package for you and send this along with your semester billing statements. The Financial Aid office will contact you with information on what additional steps need to be taken to secure a Federal Direct Unsubsidized Loan after you have read through the documents sent to you and have returned any necessary documentation to NTS. If you are a new student and/or new borrower at NTS, you may need to complete Direct Loan entrance counseling and sign a Master Promissory Note at https://www.studentloans.gov.
Semester Payment Plans
Beginning with the 2016-17 academic year, a payment plan from NTS may be available. Contact the Student Accounts Office at 816-268-5425 for more information.
Please keep in mind that for each set of application forms there are different sets of rules, regulations, deadlines, instructions, etc. Please read each carefully and follow all instructions. Failure to do so could delay the process of your application. Plan ahead: only by meeting the preference dates will you receive prompt consideration. Accurately complete all forms to prevent misinterpreted information. Keep copies of all correspondence & completed forms. Finally, if you have any questions, please contact the Financial Aid Office for help and clarification.