Financial Aid at ETS MDiv, MA, and DMin students may also participate in several financial aid programs for graduates and professional students such as the Michigan Tuition Grant and the Stafford Loan programs. There are a variety of grants and scholarships available for all ETS students who qualify. Note that the UMD program does not qualify for Federal Student Loans. What is Financial Aid? Need-based aid generally comes in the form of grants, loans, and work-study programs. The amount of aid a student receives is limited by financial need. Financial need is determined by each school based on the cost of education minus the expected family contribution information from the FAFSA. There is a third category called non-need-based aid. Generally, non-need based aid comes in the form of loans, either guaranteed by the government or approved by private sources. Non-need-based aid may be used to supplement need-based aid up to the total cost of education. Applying for Financial Aid Requesting a FAFSA form Additional Financial Aid Source Students, who need additional aid for funding their education at ETS, can apply for loans through the FFELP loan program. Students can borrow up to $18,500 in funds on an annual basis. Of that, $8,500 may be subsidized by the federal government. The government may pay the interest on the note. To apply for federal loan funds, students will need to complete a FAFSA application and a Master Promissory Note. ETS has established some scholarship to assist students with financial need. Who Qualifies?
They MUST complete Exit Counseling, OR, when they drop below halftime status in order to qualify for the FFELP and/or the Stafford Loan program students MUST completeEntrance Counseling and upon completion of their educational program. Other Scholarships The Maurice J. Higginbothan Ministerial ScholarshipThe Rev. Dr. Maurice J. Higginbothan served as an ordained elder and presiding elder in the African Methodist Episcopal Church for 52 years in the Illinois and Michigan Conferences. While in Detroit Rev. Higginbothan had a vision for what is now known as the Midtown Cultural District and knew that Bethel African Methodist Episcopal Church would play a pivotal role in its revitalization. Despite an inclination on the part of his church members to leave the city, Rev. Higginbothan knew that God was in the midst of the city and would revive it again. This vision led him to build the Historic Bethel African Methodist Episcopal Church located at 5050 St. Antoine St in Detroit. Rev. Higginbothan served on the Board of Directors of the Hospital Governing Commission and served as President of the Citizens Council for the Medical Center. His love for God and the people of God is evident in the lives of so many people that he touched and the legacy that he leaves behind. A scholarship in the amount of $500.00 is awarded as available to an Ecumenical Theological Seminary Seminarian preparing for Ministerial orders in the Fourth (4th) Episcopal District of the African Methodist Episcopal Church. Students interested in applying for this scholarship will: 1) Complete an application by May 1st. 2) Be a member in good standing in the African Methodist Episcopal Church in the Fourth (4th) Episcopal District. 3) Be preparing for Itinerant Orders in the African Methodist Episcopal Church. 4) Be enrolled in the Master of Divinity program at Ecumenical Theological Seminary at least half-time or complete at least four (4) full courses in the academic year. 5) Maintain a 3.0 GPA or above. 6) Submit a letter of support from a Supervising Pastor or Presiding Elder indicating a capacity to provide transformative leadership in the service of the church. 7) Demonstrate financial need The Carol Joyce Jones ScholarshipCarol Joyce Jones came to ETS in 2003 as a student in the Urban Ministry Diploma Program. After completing that program in 2004 she was accepted into the Master of Divinity Program and began her studies enthusiastically. Besides her professional experience and her role as wife and mother, Carol Joyce brought with her a life of service and volunteerism. In addition to her responsibilities as a student, Carol Joyce fully participated in her church, Friendship Baptist Church, and served as Coordinator of the Sustaining Pastoral Excellence Program and as a recruitment associate at the Seminary until her untimely death in February 2006. This scholarship has been established in the amount of $500.00 to honor the legacy of Carole Joyce Jones here at Ecumenical Theological Seminary to be awarded as available to a student engaged in community-related ministry beyond the local church. Such ministry may include, but not be limited to: working with the homeless, abused persons and their families, feeding program involvement, community organizing within a religious context, significant inter-religious or ecumenical engagement, AIDS/cancer supportive care. Students interested in applying for this scholarship will: 1) Complete an application by May 1st 2) Have a 3.0 GPA or above. 3) Be currently enrolled at least half-time. 4) Submit a letter of recommendation from a ministry context supervisor or colleague. 5) Submit an essay paper describing the ministry in which you are engaged. Presbyterian Women ScholarshipThis scholarship is made possible by the Presbyterian Women of Detroit for a deserving Urban Ministry Diploma student. 1) Complete an application by May 1st 2) Have a 3.0 GPA or above. 3) Be currently enrolled at least half-time 4) Submit a letter of recommendation from a ministry context supervisor or colleague. |