Need-based Financial Aid
For the purposes of awarding financial aid, a student’s need is determined by contrasting the student’s nine-month academic year expenses against his or her financial resources which may include income, assets and outside scholarships.
Expense norms for 2016-17: Expense norms are useful when figuring out what your costs are likely to be for the up-coming year. The norm figures are based on the 2015 Consumer Price Index. They include most costs that you will encounter when you attend seminary.
Maximum financial assistance amounts for 2016-17: These are the largest awards that you will receive in CTS scholarship or CTS need-based financial aid, or the maximum you might be eligible for if you are awarded a scholarship and need-based aid.
Applying for Need-based Financial Aid
In addition to the seminary’s financial aid application, you must also complete and submit the FAFSA (Free Application for Federal Student Aid), available at www.fafsa.ed.gov. Columbia Theological Seminary's federal code is G01560. To complete this form, you must have a copy of your tax return for the previous year.
As a returning student, you must re-apply each year in order to receive need-based financial aid. You will receive password information from the Financial Planning Office, so you can access the forms online. Print and complete them and return them by the application deadline for returning students, April 30.
Password Assistance/Application Status
Vivian Hodo, Financial Planning Office