Financial Aid FAQ
Q: What kinds of aid does New Brunswick Theological Seminary offer and who qualifies for it?
NBTS offers a variety of aid including scholarships and loans. To qualify for aid administered by NBTS, you must have been admitted to the seminary as a matriculated student in either one of our Master’s degree programs or Doctoral program.
Q: How do I apply for Federal financial aid?
To apply for federal financial aid you must complete the Free Application for Federal Student Aid (FAFSA) at fafsa.ed.gov. New Brunswick Theological Seminary’s school code is G02619 and must be entered on the application for NBTS to obtain the results.
The FAFSA is a federal financial aid application used by all school in the nation for undergraduate and graduate students. You complete it based on your most recent tax returns. Once your application is processed you will receive an email confirmation from the U.S. Department of Education.
Q: What is needed to be eligible for federal financial aid?
Students must meet minimum eligibility requirements to receive federal financial aid. Eligibility is determined by the FAFSA application. Federal Financial Aid borrowers must:
- Be a citizen or eligible noncitizen of the United States.
- Have a high school diploma or a General Education Development (GED) certificate, or have completed homeschooling. Be enrolled in an eligible program as a regular student seeking a degree or certificate.
- Maintain satisfactory academic progress.
- Not owe a refund on a federal student grant or be in default on a federal student loan.
- Register (or already be registered) with the Selective Service System, if you are a male and not currently on active duty in the U.S. Armed Forces.
- Not have a conviction for the possession or sale of illegal drugs for an offense that occurred while you were receiving federal student aid (such as grants, work-study, or loans). If you have such a conviction, you must complete the Student Aid Eligibility Worksheet to determine if you are eligible for aid or partially eligible for aid.
All first-time New Brunswick Theological Seminary Federal Direct Loan borrowers must also complete an on-line Master Promissory Note and Entrance Loan Counseling (details below).
Q: How do I apply for New Brunswick Theological Seminary Scholarships?
All students interested in scholarships must submit the NBTS Online Scholarship Application. This application includes a 500-word reflective essay answering the question: “How will a scholarship help you in pursuing your calling?”. Scholarships are awarded to Master’s degree students based on merit and financial need. Some funds are designated for students who meet more specific criteria
Q: Are other scholarships available outside of the Seminary?
The Seminary’s funds are limited and students are strongly encouraged to apply for scholarships from their affiliated denominations & congregations. A few scholarship search engines include www.fastweb,com, www.pcusa.org/financialaid/links.htm, www.thefund.org. Keep in mind external scholarships have their own deadlines & eligibility requirements.
Q: What happens after I submit my documents?
After the FAFSA and all documents are submitted the financial aid office and the scholarship committee will make determinations on awards. Offer letters will be sent to all students detailing the amount of aid being offered to a student. Students will be required to accept or decline these awards by a deadline within the letter.