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Pursuing a degree at Princeton Seminary is more affordable than you think! 100% of full-time residential students receive scholarships, ranging from partial tuition to full tuition plus a stipend.
No additional application is needed to be considered for financial aid — simply apply for admission by your program deadline, and if admitted you’ll automatically be eligible for aid, either in the form of a merit scholarship (for full-time residential students) or a reduced tuition rate (for part-time hybrid students). It’s that easy! Scholarships are typically awarded at the time of admission.
Awarded to a select number of outstanding incoming full-time students each year who have shown the highest levels of scholarship, leadership and promise for the future of the church and/or academia. This highly competitive and prestigious award typically covers the majority of Seminary expenses. Full-time enrollment is required.
Awarded after admission to outstanding full-time students who are descendants of enslaved people or from underrepresented groups, including but not limited to African, Latino/a, Asian-Pacific Islander or First Nations descent. This scholarship covers the majority of Seminary expenses. Full-time enrollment is required.
Awarded to students who have demonstrated exceptional academic achievement and leadership. Full-time enrollment is required.
Awarded to students who have demonstrated high-quality academic achievement and promise for current or future ministry. Full-time enrollment is required.
This additional scholarship is awarded to several admitted students already offered a merit scholarship and provides additional financial support. These can be awarded at the time of admission, or later if funding is available. Promise for Ministry Scholarships vary in value but can be anywhere from $1,000 to $5,000 per academic year.
$5,000 scholarship awarded to select domestic ThM students who show exceptional promise for advanced theological research.
Note: International ThM applicants are eligible for the other scholarships listed above.
MAT students are charged a lower rate of tuition in order to keep this program more affordable. These students are charged $595 per credit, with a total program length of 36 credits. Total MAT program cost for 2025 is $20,340 (approximately $10,170 per year).
Federal Loans are also available in semesters of 4.5 credits or greater registration.
It’s easy to be considered for a scholarship! Simply apply for admission by your program deadline, and if you are admitted as a full-time student, you will automatically be considered for a Seminary scholarship. There is no separate application or FAFSA needed for scholarship consideration, and scholarships are generally awarded at the time of admission.
An admissions interview is not required, but is strongly encouraged for Master’s applicants seeking top scholarship consideration (PhD and international student interviews are by invitation only). In all cases, interview availability is limited to those students who have submitted applications for admission. Instructions and a link to schedule an interview will be provided to eligible candidates after application submission.
For more information about these programs and how to apply, please contact sfs@ptsem.edu.
Yearly fellowship up to $5,000 awarded to outstanding incoming or current full-time residential Master’s-level students who serve as ambassadors and representatives of the Seminary community.
President’s Fellows are typically selected from admitted students each spring through a separate nomination, application, and interview process initiated by the Office of the President. Eligible candidates will be notified of their nomination and invited to participate in the interview process after admission.
President’s Fellows participate in various events throughout the academic year, both within Springdale (the president’s residence) and across campus. This initiative affords students a chance to gain valuable leadership experience, professional development opportunities, leadership training, and networking connections. These connections will provide valuable occasions for mentorship and career advancement.
For 2024-25, all required field education placements, including CPE placements and summer/academic year placements, receive a $3,600 Seminary-funded fellowship or a site-funded stipend of $3,600. Learn More.
$2,000–$4,000/year
This need-based program helps our M.Div, MACEF, MTS, MTE and Dual degree candidates by providing eligible candidates who currently owe over $20,000 in federal student loans with additional grant aid to assist them in meeting their educational costs. Contact sfs@ptsem.edu for more information.
Gillespie Grant Application (pdf)
$4,000/year
The Seminary offers eligible full-time PC(USA) students a low interest loan that has the potential to be forgiven if the recipient serves as an ordained minister in the PC(USA).
Presbyterian Loan Application (pdf)
The Seminary participates in the William D. Ford Federal Direct Unsubsidized Student Loan Program, the Graduate PLUS Loan Program and the Federal Work Study Program. These programs can be used to cover unmet financial need for students registered at least half-time.
Do you have questions about the application process, enrollment steps, or international application? I’m here to help! Tap the button to speak to me or other peer counselors.
Explore the financial aid resources and opportunities available at Princeton Theological Seminary to support your master’s or PhD theological education.
