What is it?
A grant is funding that does not have to repaid. The Tuition Grant is applied toward tuition costs. This aid is offered by PTS, regardless of denominational affiliation.
How are grants determined?
PTS Tuition Grants are based on a student's need. Need is determined from information submitted on the FAFSA and the PTS Application. Students with a nine month family income, Adjusted Gross Income, Expected Family Contribution (EFC) or liquid assets above the Cost of Attendance do not qualify for PTS grants. After determining a student's need, PTS fills a percentage of that need with grants.
What is the range?
The maximum Tuition Grant is the full cost of tuition. Members of the Presbyterian Church(USA) under care of their session may receive up to 100 percent of tuition; all others may receive up to 90 percent of tuition.
Full-time students (enrolled for nine or more credits) in a Master's program, demonstrating financial need, and who are members of a church. For specifics, see the Catalog. Students who are in a “default status” on their federal educational loans are ineligible for institutional aid.
How to apply?
- Submit a PTS Financial Aid Application . If applicable, submit documentation of Social Security benefits; signed copy of foreign, Puerto Rico, or other US territory Tax Form.
- File a FAFSA at www.fafsa.ed.gov. Use the IRS Data Retrieval Tool (IDR) to transfer your tax information into the FAFSA.
- If choosing not to use the IRS Data Retrieval Tool (IDR), a signed Tax Transcript must be submitted to the Financial Aid Office. A Tax Transcript can be obtained from the IRS at 800-908-9946 or on-line at www.irs.gov. Copies of Federal 1040s will no longer be accepted by PTS.
An application will be considered incomplete without the IRS Data Retrieval Tool or the Tax Transcript and will not be processed.
What is the deadline?
The Financial Aid Office is currently accepting complete Financial Aid Packets for the 2015-2016 academic year. Applications are reviewed on a "first come- first served" basis, until funds are expended. Early application is encouraged. Incomplete packets will not be processed. Students must re-apply each academic year. A student is NOT guaranteed to receive need-based aid every year. He/she must qualify financially and submit the application early. Additional details can be found under the Frequently Asked Questions section.