Our Philosophy on Financial Aid and Funding Students
At PTS, it is our desire to allow students to pursue their degree and graduate without the burden of wondering how they will fund their studies. The last thing on students' minds as they enter into their chosen mission field should be how to pay for the degree they have already earned. To that end, the Seminary offers a variety of financial aid opportunities to students, both need-based and merit. The Seminary has also made an education at PTS more accessible through low tuition and fee rates.
PTS subsidizes the tuition rate so students can earn a degree at a reasonable cost: $470/master's credit and $358/doctor of ministry credit.
The 2020-2021 average need-based aid package is $11,414 for full-time master's-level students who received tuition grants, housing grants, and/or work opportunity. This amount does not include students who also receive a Merit Scholarship in addition to the need-based aid.
Merit Scholarships, ranging from $600 to $25,000 per year, are available for full-time and half-time master's-degree seeking students. The 2020-2021 average Merit Scholarship is $8,773 for full-time master's-level students. Merit Scholarships for half-time master's level-enrollment are $1,500.
Seventy-six percent of the 2020 master's graduating class did not borrow loans while attending PTS. The average amount of seminary indebtedness for the entire 2019 graduating class was $7,533. The average indebtedness for the 24 percent of graduates who did borrow while attending PTS was $31,639. The average loan amount taken out by all PTS students for the 2020-2021 year was $10,714.
Explore the links to the right to learn more about and apply for financial aid.
Contact Financial Aid
Have questions about aid at Pittsburgh Seminary? Contact us at 412-924-1384.
Pittsburgh Theological Seminary awards more than $1 million annually in merit and need-based aid to degree and certificate, full- and half-time students.