Stafford Loans

Tozer Seminary offers student financial aid equivalent to the graduate and professional level as outlined by the U.S. Department of Education. Students enrolled at half-time status (five or more units per semester) may be eligible for up to $18,500 in federal Stafford loans ($8,500 in subsidized loan funds and $10,000 in unsubsidized loan funds). In all circumstances, in order to qualify for student financial aid, Tozer Seminary students must be enrolled in a minimum of five units of graduate level course work per term and the five qualifying units must apply toward a graduate degree; students enrolled in certificate programs or as non-degree-seeking students are not eligible for Stafford loans.

The Stafford loan program is a federal, need-based program. Students wishing to participate in the Stafford loan program must file the Free Application for Federal Student Aid (FAFSA) in order to establish 0nancial need. Students may complete the application online at http://www.fafsa.ed.gov/. Be sure to include the federal identification number for Simpson University, 001291, as your first choice. Students must also complete the Simpson University Graduate Financial Aid Application and return it to Student Financial Services located in Simpson Central (Owens Center, second floor).

Once the FAFSA has been filed, the results will be sent to Simpson electronically. When Simpson University has received a student’s electronic FAFSA results and Simpson University Graduate Financial Aid Application, it will confirm the student’s admissions acceptance. The student will receive an award package approximately two weeks after the application packet has been completed. Questions regarding the financial aid application process may be addressed to the Admissions Coordinator.

Diversity Scholarships

Pastors and church leaders who are members of an ethnic group and serve in ethnic ministries, either with The Christian and Missionary Alliance (C&MA) or with a group affiliated with Tozer Seminary, may be eligible for tuition scholarships to Tozer Seminary. The following policies and procedures apply:

1. The Diversity Scholarship is effective for 27 courses in the Master of Divinity or 18 courses of the M.A. programs.

2. The Diversity Scholarship is available to the student who has been admitted to Tozer Seminary as a degree-seeking student.

3. Persons interested in this scholarship may apply in one of the following ways, depending on their ministry affiliation:

• If the applicant serves with the C&MA under the office of the C&MA Director of Intercultural Ministries (IM), the student should apply through that office. The Director of IM will then forward a letter of recommendation to the president of Simpson University for action.

• If the applicant serves with a non-C&MA ministry group, he or she should request that a letter of recommendation from the denominational supervisor be sent to the president of Simpson University for action.

• If the applicant is a recent college graduate and has no current place of full-time ministry employment, the applicant must request a minimum of three letters of recommendation, including one from the pastor-director of the church or parachurch where the applicant is involved as a lay person, indicating and evaluating the level of that person’s involvement.

4. The maximum number of students in each Tozer Seminary degree program receiving the Diversity Scholarship at any one time will be no more than 10 percent of the students in a program. Additional students who qualify for the scholarship will be placed on a waiting list.

5. Diversity Scholarship students must proceed through the M.Div. at a pace to finish in five years, or three years for the M.A. programs (minimum of six courses per year). Failure to do so will cause the student to forfeit the remaining scholarship courses.

6. Diversity Scholarship students are amenable to the policies pertaining to registration, withdrawal from a course, directed studies, completion of coursework, and any other program policy applicable to all students in the program.

7. Diversity Scholarship students who wait to withdraw from a course until the “no refund” period will receive a “W” for the course. The course will be counted as one of the 27 (for M.Div.) or 18 (for M.A.) courses awarded to the student as part of the scholarship program.

The Teaching Timothy Fund

The Teaching Timothy Fund was initiated by Mrs. Frances P. Owen to encourage the emerging leadership of The Christian and Missionary Alliance to pursue graduate theological education. Initial preference in awards is given to male candidates for ordination in the C&MA, with secondary preference going to ordained male pastors/missionaries. Award amounts typically cover tuition of two to six courses in one academic year.

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