Affording Seminary


We're here to help guide you in identifying and managing financial resources to bring Seminary within reach.

There is a variety of helpful information available here. We would love to speak with you about your options. Contact us by email, or call Teresa Benneian, (717) 290-8748 or Kendal Brown, (717) 290-8737.

Assess your financial resources vs. projected educational expenses

As you evaluate your financial options, you may wish to consult a trusted financial advisor about your particular situation. The Determining Your Financial Need worksheet can help you figure out your projected expenses and resources. Consult the Fee Schedule and select a Student Cost Calculator to project your seminary charges.

Some students find it is helpful to reduce expenses by living simply while in school, managing the pace of education, paying off or reducing any credit card debt before enrollment. If you are planning to reduce or cease your employment while in seminary, consult this site as you determine whether you can afford to do so.

Anticipated increased earning potential of a graduate education may be less likely to occur in the ministry field. For seminarians, this potential benefit will vary relative to the employment context from which the student enters seminary, and may in fact result in a loss of income for some second career students leaving more lucrative employment.

If your expenses exceed your resources, you may find helpful these supplementary options.


Apply for an LTS Scholarship

Partial-tuition need-based scholarships and full-tuition Presidential Scholarships are available.

Step-by-step instructions for applying for LTS Scholarships and federal Stafford loans are in the LTS Financial Aid Handbook.


Explore your immediate resources

  • Many denominations and congregations provide assistance to students. Your pastor can assist you in identifying the appropriate persons to contact. In many cases, it is advisable to request this assistance well in advance of beginning your seminary study.

  • Your employer may offer a Tuition Reimbursement type of program, where you can receive a refund for a portion or the total cost of tuition, books and supplies.

  • By virtue of simply being a student, you will likely have opportunities for discounts and special offers in the community, often just by showing your LTS photo ID. Keep your eye out for such offers. For example, if you are moving to the community and switching banks, check into what student benefits may be offered by each of the banks you are considering (special rates, scholarships, etc.). Every little bit helps!


Identify additional resources

Be sure to exhaust options for financing your education with sources that will not need to be repaid, such as outside scholarships, grants, contributions and, of course, employment.


Evaluate your need to borrow a federal Stafford loan.

Stafford loans for LTS students are certified through the LTS Office of Financial Aid.