Scholarships & Financial Aid - Princeton Theological Seminary

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Scholarships & Financial Aid

Home Admissions Overview Scholarships & Financial Aid

World-Class Scholarship Within Reach

Princeton Seminary is committed to making a world-class theological education affordable, enabling you to pursue the next steps of your calling. For nearly all students, admission to Princeton Seminary comes with a scholarship or reduced tuition. We strive to keep tuition costs low, and we offer spacious apartments and beautiful campus housing to our residential students at a substantially reduced rate. Explore the resources below to learn more about how we can support your call.

Master's student at commencement

Master's Program Aid

All full-time students in our residential Master’s programs are eligible for generous scholarships, which range from partial tuition to full tuition plus additional funds. All part-time students in online/hybrid programs receive assistance in the form of a reduced tuition rate.

Doctoral Student Being Hooded

PhD Program Aid

All PhD students receive full-tuition scholarships with substantial stipends and professional support.

Students working together at a desk

Student Employment

Students are encouraged to work part-time as a way to pay for their living expenses during the school year. There are many on- and off-campus opportunities available for Princeton Seminary students.

Students on graduation back view

Cost Calculator

The cost calculator helps you estimate the costs associated with your education, including planning for your day-to-day expenses and incidental living costs like recreation, laundry, phone, etc.

We Support your Learning in Community

We believe that learning happens best in community! Unique among many graduate programs, Princeton Seminary offers beautiful campus housing and meal plans for all of its residential students at a significantly reduced rate (compared to costs off campus). Hybrid students also have the chance to experience historic Princeton, one of the world’s most intellectually respected towns, through on-campus intensive courses during their program. Experiencing life together in a vibrant, diverse community extends our learning far beyond the classroom.

Learn more about the Community

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Financial Aid Stats

100 % of full-time residential students receive scholarship support
New scholarships available for Domestic ThM Students
85 % of full-time students live in campus housing, which is substantially subsidized to about half the cost of local non-seminary housing

2027–2028 Tuition Costs

  • Full-time Tuition (Per hour based on 13 credit hours per semester): $23,400 per year
  • Interns (2 credits): $1,750 per year
  • Reduced Tuition (Hybrid MA)*: $785 per credit. A one-time comprehensive fee of $495 is charged during the first fall (summer start), or first spring semester of study (January start)
  • Reduced Tuition (PhD Year 3-5): $1,750
  • Reduced Tuition (PhD Year 6-9): $1,750
  • DRSP Research Fee: $650
  • Audit Fee – per credit hour: $200
  • Online Degree Programs – per credit hour: $785
Cost Calculator

Summer Sessions

  • Summer Language: $3,900 for 6 semester credits ($650/credit hour)

Summer Session Fees

  • Registration fee for non-matriculating students (refundable, applied to account upon enrollment): $115
  • Late registration fee for all students (non-refundable): $130

  • Hodge Hall
    • Single (9): $6,500
    • Suite (9): $7,000
    • Suite w/ Private Bath (1 per floor): $7,500
    • External rate – per night: $65
    • Rent includes Wi-Fi, heat/air conditioning, water/sewer, and all weekday breakfasts & lunches in Mackay Dining Hall M-F during the 15-week fall/spring academic sessions
  • Residence Hall Room (Brown Hall Suite w/ Private Bath)
    • Suite w/Private Bath: $7,500
    • External rate – per night: $100
    • Rent includes Wi-Fi, heat/air conditioning, water/sewer, and all weekday breakfasts & lunches in Mackay Dining Hall M-F during the 15-week fall/spring academic sessions
  • CRW Apartments – All Students
    • One bedroom – furnished: $17,000
    • Two bedroom – furnished: $20,300
    • 2BR shared per person: $9,520
    • Three bedroom – furnished: $23,590
    • Rent includes Network Connection, heat/air conditioning, water/sewer, and up to three lunches in Mackay Dining Hall M-F during the 15-week fall/spring academic sessions
  • CRW Public Rates – for non-students
    • One bedroom: $20,310
    • Two bedroom: $25,340
    • Three bedroom: $27,870
    • Four bedroom: $33,140
    • Rent includes Network Connection, heat/air conditioning, and water/sewer
  • Witherspoon Apartment Rent
    • One bedroom: $13,000
    • Two bedroom – Shared – per person: $8,790
    • Rent includes Network Connection, heat/air conditioning, water/sewer, and up to three lunches in Mackay Dining Hall M-F during the 15-week fall/spring academic sessions
  • Payne Hall Rent
    • One bedroom: $14,170
    • Two bedroom: $16,910
    • Three bedroom: $19,660
  • Erdman Hall and Adams House – Overnight Rates
    • Erdman Room – Single – Shared Bath: $90
    • Erdman Room – Single – Private Bath: $100
    • Erdman Room – Double: $115
    • Erdman Room – Suite: $125
    • Erdman Family Suite: $130
    • Queen: $140
    • King: $150
  • Pet Fee (2 pet limit) – one time fee: $450

  • Health Insurance*
    • Single person: $4,300
    • Student and Spouse: $12,200
    • Family: $13,925
  • Add/Drop fee after 1st week of classes – per change: $30
  • Application fee – Masters Programs (Due by April 15): $50
  • Application fee – Doctoral Programs (Due by Dec 1): $75
  • Comprehensive Fee (residential): $350
  • Late fee for Submission of Application to Graduate: $120
  • Graduation fee – Masters Programs: $175
  • Graduation fee – Doctoral Programs: $195
  • Diploma Replacement Fee: $225
  • Transcript – Each: $20
  • Certification Letter Fee: $20
  • Student mail box replacement key – Each: $30
  • I. D. Card replacement fee – Each: $35
  • I.D. Card for Family Member – Each (Good for 3 yrs): $10
  • Parking fee – PT non-matriculating student Library lot only: $60
  • Parking Tickets – 1st Offense = Warning; 2nd Offense: $40
  • Parking Tickets – 3rd Offense: $75
  • Parking Tickets – 4th Offense: $100
  • Online Comprehensive Fee (1-time fee) charge in 2nd term: $495
  • PhD 9000 (Pre-seminar independent study-entering student): $120

*Health insurance fees for 2027-28 may be adjusted if necessary once new rates are known

Princeton at Christmas

Why Princeton?

There are many reasons why a prospective student might choose Princeton as the place to further their theological studies.

Learn More

The Importance of Financial Aid

In comparing PTS to other seminaries and divinity schools, I gathered that PTS offered a both a rigorous academic program with holistic personal development. After talking with admissions representatives, students, and alumni I felt that this ecumenical community would both welcome and challenge me. I was able to make my ultimate decision because of the generous financial aid.
Kaylie Crabtree, MTS

Kaylie Crabtree

MTS Student

I chose PTS due to its strong Presbyterian tradition, close proximity to New York, the generous financial aid package, and the warm welcome I received from everyone I interacted with during the admissions process.

Barron Flood

MDiv Student

The financial aid I received allowed me to study, improve my skills as a pastoral care provider, and develop my gifts for ministry.
Financial Aid - Chris McNabb

Chris McNabb

MDiv ’16

Princeton’s financial aid provided exactly what I needed for me to attend graduate school and for my significant other and I to be able to support ourselves. Princeton has been a dream for quite some time now, and I am so excited to make it a reality.
Farminary PTSEM sign

McKenna Grimm

MTS Student

Other Resources

Next Steps

We’re committed to helping you build a strong future, and we’re invested in your success. Please reach out if you have any questions, or apply today. We look forward to helping you establish the foundation for your ministry.

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