At the Seminary of the Southwest we believe that preparing for ministry in the Church should not result in massive student debt.
In administering financial aid, we seek to practice good stewardship of our resources and we encourage students to do the same.
The Seminary’s endowment for scholarships is greater than five million dollars. Our next capital campaign includes an additional three million dollars for this endowment.
As a matter of institutional policy, the Seminary discourages students from incurring debt in order to attend.
In reaching a decision concerning financial need, the seminary will not normally weigh the value of assets such as retirement accounts, equity in one’s homestead, the cash value of life insurance policies, and college funds for children. We do not believe that students should strip themselves of these important assets in order to attend seminary.
In a survey of our entering students conducted by the Association of Theological Schools in the fall of 2006, 16 of 21 respondents reported that our financial aid assistance was “significant” in their choice of school. Seven of 21 reported that it was of “great or greatest” significance.
In the same survey “financial aid assistance” ranked even with “faculty” when students were asked for the top five reasons for their choice of school.
Tuition for a full-time student at the Seminary of the Southwest for the 2015-2016 academic year is $13,810.
Students qualifying for financial aid receive grants ranging from 50 percent to 100 percent of full tuition, depending upon need. For the 2015-2016 academic year, those amounts range from $6,905 to $13,810.