Seminary Financial Aid Application



Faith Baptist Theological Seminary offers several sources of student financial aid. Follow the steps below to apply for financial aid for the 2015–2016 school year. If you are a new student, complete the application and the EFC Calculator at the same time you apply to the seminary.


Scholarship   Amount   Student Status   Degree   Information/Requirements   When to Apply
Church Match Scholarship   $1000   Part- or Full-Time   M.A.R.

Available to students who plan to enter full-time ministry. If a church gives $500, FBTS will match the amount, making a total of $1,000. 2.0 GPA Minimum




Dean’s Scholarship   Varies   Full-Time   M.A.R.
M.A. M.Div.

Awarded to full-time students in any program who show exceptional academic and ministerial potential. Financial need is also considered. 2.5 GPA minimum.


  When applying for admission to FBTS


Faithful Servant Scholarship   50% tuition discount on first three 2-credit courses   Part- or Full-Time   M.A.R.
M.A. M.Div.
  For pastors, assistant pastors, and missionaries who are new students. A new student is one who has never taken a class at FBTS or has not taken a seminary class for credit in the three years prior to applying for this scholarship. 2.0 GPA minimum.   When applying for admission to FBTS
Institutional Scholarships   Varies   Full-Time   M.A.R.
M.A. M.Div.
  FBTS has over 25 endowed scholarships for degree-seeking students. Review which scholarships you are eligible for here or in the seminary catalog.

You must identify which institutional scholarship(s) you are applying for on the form below. 2.0-2.5 GPA minimum.

  March 31
Bellevue Church Foundation Scholarship   Varies   Fulltime   M.Div.   Applicants must contact the seminary office for the Bellevue application. 2.3 GPA minimum.   April 15



Click here for the application. After you have submitted your application, return to this page to complete Step 3.




You must complete and submit the Expected Family Contribution (EFC) Calculator to help us determine financial aid.

1. Complete the EFC Calculator.

2. E-mail the EFC Calculator report to yourself (or print it).

3. Forward the completed EFC Calculator report from your e-mail with your name to This email address is being protected from spambots. You need JavaScript enabled to view it. .  

All information is confidential and will only be used in determining financial aid.  

If you have questions, contact the seminary office at This email address is being protected from spambots. You need JavaScript enabled to view it. or 515-964-0601, ext. 278.  


Tuition, Room, Board, and Fees

For a Student Taking 14–18 Credit Hours a Semester in the 2016–2017 School Year

Item    Semester    Annual 
Tuition   8,137   16,274 
Room   1,615   3,230
Board   1,785   3,570
Fees   246    492
Estimated Total   $11,883   $23,766
Estimated Other Expenses        
Books and Supplies   626    1,253
Personal/Miscellaneous   880   1,759 
Transportation   763    1,526
Estimated Other Expenses   2,269   4,538
Other Charges        
New Student Reservation Fee   200   One Time, Non-Refundable after May 1
1-13 Credit Hours   595    Per Credit Hour 
More than 18 Credit Hours   576   Per Credit Hour 
2016-2017 Summer School   435   Per Credit Hour 
2016-2017 Audit   312   Per Credit Hour
Student Benefit Fee (6 hours or more)   246   Per Semester
Student Benefit Fee (fewer than 6 hours)   119   Per Semester

Institutional Aid

Faith Baptist Bible College offers institutional aid ranging from $2,500 to $10,000 a year. This aid is in the form of scholarships and endowments. 

 Institutional Scholarship
ACT Requirement
GPA Maintained
President's Scholarship   25+   2.5
Academic Excellence Scholarship   30+   2.5
Program Scholarship   21+   2.0
Faith EAL Scholarship   21+   2.0
Benson Memorial Scholarship       2.0
First Student Scholarship   21+   2.0

 Click here to find the estimated costs and details of the above scholarships.

 Institutional Scholarship
GPA Maintained
Christian Thomsen   Varies   Full-time student   2.0
Gerald Ray Boylan Scholarship   Varies   New full-time student   2.0
New Student Missionary Grant   $1,000-$2,000   Evidences potential for missions   2.0
Outstanding New Student Grant   $800 (can vary)   New full-time student   2.0

Requirements to Receive Scholarships

  1. Apply to Faith.
  2. Complete your FAFSA
  3. Have Admissions & Faculty Interviews and Referrals - Attend Scholarship Weekend in the spring of your senior year.
  4. Meet ACT score requirements.
  5. Complete your Financial Aid Student Information Form.

Requirements to maintain the scholarships:

  1. Student must maintain cumulative GPA for all course work applicable to graduation from FBBC (see above).
  2. Student must be employed a minimum of 10 hours per week to maintain scholarships. 
  3. Student must maintain a mission-fit testimony.


Additional Scholarships:




Awana Citation Scholarship

$2,000 (awarded over 2 years)

Submit Citation Scholarship Application

Talents For Christ Scholarship

First Place State $1,000
Second Place State $500
First Place National $5,000 (awarded over 2 years)
Second Place National $2,500 (awarded over 2 years)

Submit Talents for Christ Scholarship Application

Christian Workers Grant


Complete the FAFSA
Submit Christian Workers Grant Application; can reapply annually

Great Scripture Memorization Scholarship


Memorized assigned portions of the Bible
Can be done once each semester

First Student Scholarship

Come for $8,500 for the year

Must come from a likeminded church or school

Must score a 21 or higher on the ACT test

Must successfully complete a scholarship interview

Must be employed a minimum of 10 hours a week to maintain scholarship

Must maintain a 2.0 GPA 


For questions, contact the Admissions Department at 1.888.324.8448.

Applying for Financial Aid

Step 1—Apply

Whether you are a new college student or you are transferring to Faith from another school, your first step is to complete the online application. 


Step 2—FAFSA

You must complete the FAFSA (Free Application for Federal Student Aid) in order to qualify for any financial aid, including institutional, federal, or state aid. Complete the FAFSA online at as soon as possible after January 1, using your previous year's tax information. Both student and parent will need to apply for a PIN at Enter school code 007121 in step 6 to have your information sent to Faith. Be sure to use the IRS Data Retrieval Tool to upload your tax information directly from the IRS to your FAFSA. This step simplifies the process if your FAFSA is selected for verification. Remember to respond promptly to any requests for documentation from the Faith Financial Aid Department. 


The FAFSA will calculate your Expected Family Contribution (EFC). Your EFC is used to determine your state and federal grant eligibility as well as your federal loan eligibility. It is not a means to apply for any loan or personal scholarship. Visit for more details.


The Selective Service database will match all male students. You can register for Selective Service with FAFSA. If you decide not to register, you may not receive federal aid. The last match for the FAFSA will be citizenship.


All federal aid will be sent directly to Faith and disbursed into the student's account each semester. First time recipients of financial aid must attend Faith at least 30 days before they can receive their first disbursement, which will come at the end of September. The second disbursement will come at the end of February. Aid will not be disbursed until the student has completed all financial aid paperwork that has been requested by the Faith Financial Aid office. If a credit balance is created by your financial aid, you can choose to have the amount refunded to you or leave it on your account for the next semester.

The US Department of Education authorizes at least 30% of all FAFSAs are selected for verification. If you are selected, you will then be asked to supply all tax information that was used to organize your FAFSA (parents' taxes and students' taxes) and W2s. After the verification has taken place, the student will receive a letter letting them know what aid is accessible to them.


How Do I Qualify for the Pell Grant?

Pell grants are often the first resource for college students. These grants are determined by your FAFSA. Pell Grants currently offer students more than $5,000 each year, based on student financial eligibility. Those with the greatest financial need will receive the maximum award. The Pell grant is awarded to the student through an electronic transfer from the U.S. Department of Education to Faith each semester.

• Students must be a U.S. citizen or an eligible noncitizen.
• A student enrolled half-time in an approved course of study will receive half of the maximum award allotted. A student who is enrolled full-time and who demonstrates a financial need will receive the full award allotted.
• Students must have a high school diploma or something comparable.
• Students must have a valid social security number.
• Male students much be registered for Selective Service.
• Students must maintain Satisfactory Academic Progress. 


If students do not achieve Satisfactory Academic Progress, they will be on probation. During that time they can still receive financial aid for the next semester. However, if they do not improve their GPA, they will be on Academic Suspension and will not be allotted financial aid until they improve their grades. For more information about the Satisfactory Academic Progress policy, consult the Financial Aid Handbook.


Step 3—Scholarship Weekend

Every year, we hold a weekend just for those who have applied for the upcoming fall semester. Through this event we award thousands of dollars of scholarships, some renewable for up to four years.


Students and their parents come to campus, interact with faculty, staff, and students, and attend classes and chapel. You will stay in the dorms, eat with our students, and meet your future classmates! And the whole weekend is free to you. Scholarship Weekend is a Do-Not-Miss event since all institutional scholarships for new students are awarded through this event. Click here to find the next Scholarship Weekend dates. 


Step 4—Loans

Although Faith does not persuade students to take out loans, we realize sometimes that is what is needed. Faith will not certify a loan unless a FAFSA online interview has been completed. It is important to remember that FAFSA is not an application for a loan. It is also important to research loans very carefully. You should look for banks and lenders who offer good interest rates.


Step 5—Deposit

Once we have accepted your application, you can turn in a Housing Request Form with a $200 deposit. This deposit is not an additional fee but will be deducted from your total bill. This deposit is due by May 15 and is non-refundable after May 1.


Step 6—Down Payment

A $1,500 down payment is required for all new students before classes begin. This down payment is not an additional charge but will be deducted from your total bill. A $25 late fee will be assessed if the down payment is not received by the due date. Returning students are to pay a down payment of $1,000 by the beginning of the semester. A $25 late fee will be assessed if the down payment is not received by the due date. Student cannot begin classes until this payment is received. Institutional, State, and Federal aid cannot be applied to this payment. 


Step 7—Payment of Balance Due

To help you figure your total costs, complete the Estimated Charges and Financial Aid Worksheet. You then have two options for paying your account:

• Pay the balance due by the first day of class each semester. 

• Use an automatic monthly payment plan. [link to the form]


Failing to complete all the payment arrangements by the first day of each semester will result in a $100 late fee. Interest of 12% APR is charged on the first of any month in which charges are not completely covered. Exceptions to any payment procedure must be approved by the Vice President for Business/CFO before the start of the semester.


Delinquent accounts will result in the withholding of degrees, diplomas, and official transcripts until payment has been made in full. Unpaid accounts will be subject to the collection procedures of the college.


If you have any questions, contact our Financial Aid Office This email address is being protected from spambots. You need JavaScript enabled to view it. at 515.964.0601, ext. 216.


Additional Resources—for more resources on savings programs—for more resources on scholarship information


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