Many students will enter seminary with educational loans so every effort is made to keep this aid component to a minimum. However, loans are available through the Federal Direct Unsubsidized Program, the Federal Direct Graduate Plus Loan, some denominational agencies, and private lenders. Click on the links below to learn about each type of loan.
This 30 minute video introduces five seminary graduates; their financial challenges and the decisions they made. Also, two seminary administrators offer advice on how to manage finances while in school. The video and Financial Planning worksheets may help students during their journey.
2016 - 2017 Anticipated Loan Disbursements
Month / Disbursement Date / Refund Date
July / July 12 / July 15
August / August 9 / August 15
September / September 21 / September 30
October / October 10 / October 15
November / November 9 / November 17
December / December 13 / December 19
January / January 10 / January 16
February / February 10 / February 15
March / March 28 / March 31
April / April 10 / April 18
May / May 25 / May 31
*Scheduled Anticipated Disbursement and Check Writing Dates for Federal Direct Loans; additional dates will be added as needed.
To resolve discrepancies in loan balances and payments, understand financial aid requirements, find loan holders or promissory notes, defer or discharge loans, reestablish eligibility for federal aid, rehabilitate loans, resolve issues.