Links
Austin Graduate School Financial Aid Application (PDF)
Free Application for Federal Student Aid (FAFSA)
financing
Your Austin grad Education
Austin Graduate School of Theology is committed to practicing and encouraging
good stewardship. To foster this, a number of financial aid programs are
available to assist students in minimizing or eliminating the need to
incur debt while working toward their degree. We invite prospective and
continuing students to call or visit our Financial Aid Office to discuss
options and eligibility.
Sources of Funding
| • Personal Funds | • Federal Aid Programs |
| • Church / Employer Matching Funds | o Pell and SEOG Grants |
| • Austin Grad Tuition Scholarships | o Work-Study Positions |
| o Stafford Student Loans |
| • | Personal Funds - are those from you or your family. Many of our students work in area churches or secular jobs while working toward their degree. If you are re-locating to the Austin area to attend, check with our Public Relations office for potential openings/ internships in local churches. | |||
| • | Austin Grad Scholarships - through the generosity of supporters, a number of endowments have been established to assist students preparing for service in full-time or lay ministry. Individual funds are described in the school Catalogue and you must complete the Austin Graduate School Financial Aid Application (see link on left) to apply. Eligibility is based upon enrollment in a degree program, financial need, academic history, and ministry involvement or potential. Priority is given to full-time students, but part-time students may also be eligible. Priority is given to applications received by July 1 for fall semesters and November 15 for spring semesters. | |||
| • | Church or Employer Matching – students often have supporting churches that pay all or part of their tuition. Austin Grad may match a portion of this support – up to 25% of your full tuition payment. Contact our Financial Aid Office for details. If you plan to work in a secular job while in school, check with your employer for programs that may help fund your education. | |||
| • | Federal Financial Aid Programs - Austin Grad participates in a number of Title IV Federal Student Aid programs. All require the completion of the Free Application for Federal Student Aid (FAFSA - see below). | |||
| o | Federal Pell and Supplemental Equal Opportunity Grants: Based on financial need and available to students working toward their first undergraduate degree. | |||
| o | Federal Stafford Subsidized and Unsubsidized Loan program: Available to both undergraduate and graduate students. All federal loan programs defer payments while enrolled at least half time in a degree program. | |||
| • | Subsidized loans are based on financial need and offer deferred interest until graduation or dropping below half-time enrollment. | |||
| • | Unsubsidized loans are not based on need, but accrue interest upon disbursement. | |||
| • | PLUS loans are available for parents of dependent students who need financial assistance. | |||
| o | Federal Work-Study positions are available to both undergraduate and graduate degree students. Eligibility is based on financial need. Work hours can be adjusted to fit course schedules, however, usually vary from 3 to 10 hours per week. | |||
| o | Return of Federal Aid Awards: All students receiving Title IV (Federal) student aid are subject to return a portion of that aid if withdrawing prior to the 60% point of any enrollment period. The amount of funds to be returned, if any, is calculated according to the date of withdrawal and federal guidelines. Federal Work-Study funds already paid are not subject to this policy. | |||
| o | Students should complete the FAFSA online at least 45 days prior to start of classes. This allows time to determine eligibility and for any award to be applied as payment at registration. Students submitting their FAFSA after this date may be required to make other payment arrangements to register. | |||
Austin
Graduate School Financial Aid Application: Submit
completed application to the Austin Grad Financial Aid Office. See
links.
Free Application for Federal Student Aid
(FAFSA):
Complete your FAFSA online each academic year (fall-spring). Austin
Grad’s
school code is 017322. Click on the banner below.
PIN number: Applying for your PIN number allows you to electronically sign
your FAFSA and to be able to quickly renew your FAFSA each year. Your PIN
also allows
you to view information about past federal aid received. Click on the banner
below.
Student Employment: The faculty and administration of the School expect full-time students to
maintain a high level of discipline and quality in their academic pursuits.
To achieve
these goals, full-time employment is discouraged. Students having financial
needs may find it necessary to work in order to meet their expenses. To that
end, the
School recommends that full-time students be employed no more than 20 hours
per week.
For questions or more information, please contact finaid@austingrad.edu.
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