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 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 a stipend. All part-time students in online/hybrid programs receive assistance in the form of a reduced tuition rate.

PhD Program Aid

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

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.

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.

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

2025-2026 Costs

Full-time Tuition (MDiv, MTS, MACEF, Dual MDiv/MACEF, MTE, ThM, PhD [1st 2 years]): $21,500 per year
Reduced Tuition (MAT): $595 per credit, $20,340 total program cost for 36 credits (approximately $10,170 per year)
Reduced Tuition (PhD Year 3-5): $1,660

Residence Hall Room (Brown Hall Suite w/ Private Bath): $4,065
Mandatory Breakfast/Lunch Meal plan for Brown Hall: $2,535
CRW Apartment Rent
- 1BR: $12,850
- 2BR: $16,220
- 2BR shared per person: $8,365
- 3BR: $18,910
- 3BR shared per person: $7,345
- 4BR: $22,030
Witherspoon Apartment Rent
- 1BR: $11,630
- 2BR shared per person: $7,550

Single Student: $4,000
Student + 1: $11,500
Student + 2 or more: $13,125

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 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.

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.

McKenna Grimm

MTS Student

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.

Contact Financial Aid

Request Info

Apply