Drew offers financial assistance through merit and need-based aid.
Merit scholarships are awarded by the Admissions Committee each semester. No separate application is required; all admitted applicants are automatically evaluated for a merit scholarship. Applications completed by March 1 (Fall) or December 1 (Spring) will receive priority consideration for scholarships.
Need-based loans and work-study are available to qualified applicants who have completed the FAFSA (Free Application for Federal Student Aid). Students seeking need-based aid should complete applicatins for Federal Work Study and the Federal Direct Unsubsidized Loan.
Outside Scholarships are available from a number of sources. As a service to current and future students, Drew Theological School has compiled a list of more than 200 outside scholarship opportunities for students to all of our masters-level programs.
International students are considered equally for merit-based scholarships. However, international students are not eligible to receive financial aid under any U.S. Federal program. Drew’s list of outside scholarship opportunities has several scholarships open to international students.
Learn more about financial aid in the Theological School by contacting the Office of Financial Assistance, firstname.lastname@example.org, (973) 408-3112.
Frequently Asked Questions
How do I apply for scholarships?
A separate application is not required for any of the Drew Theological School scholarships. All admission applications completed by March 1 receive priority consideration for a major scholarship. Applications received after March 1 will be considered for scholarships based on available funding.
What kind of scholarships does Drew offer?
Drew Theological School offers merit scholarships to students who demonstrate academic achievement and the potential for engaging in and contributing to the intellectual and community life of Drew. Drew also provides need-based financial assistance to qualified applicants who have completed the FAFSA (Free Application for Federal Student Aid).
What criteria is used to determine awards?
Drew awards financial assistance using two principles: (1) avoid unduly increasing any accumulated indebtedness; and (2) give priority consideration to students in the Master of Divinity program. In general, merit scholarships are awarded to applicants with a 3.3 cumulative GPA or better and evidence of outstanding promise for ministry or scholarship.
How much scholarship support is given?
Approximately 95% of masters-level students receive financial aid from Drew. Merit-based scholarships are given as a percentage of tuition, and that percentage remains constant during the degree program. Scholarships for the Master of Divinity program range from 40% to 100% of annual tuition. Drew awards a limited number of M.Div. students 100% tuition scholarships plus a stipend. Students in the M.A. and M.A.M. programs may receive up to 50% of tuition. M.A.M. students who are pursuing ordination as United Methodist Deacons may be eligible for 75% tuition awards. Students in the S.T.M. program are eligible for scholarships up to 50% of tuition. Ph.D students receive 100% of tuition. D.Min. students are not eligible for merit-based aid, but may qualify for need-based aid when enrolled in six or more credits.
What other sources of financial aid are available?
Domestic students may qualify for federal need-based loans. Many students successfully apply for private scholarships, including church scholarships and grants, denominational assistance, and community service agencies such as Women’s Club, Rotary, etc. Here are two sites you can use to begin your search:
How do I apply for federal need based aid?
Once you have accepted your offer of admission to a degree program, Drew requires the Free Application for Federal Student Aid (FAFSA).