SFS Grants & Scholarships
Grants & Scholarships
Sioux Falls Seminary has three grants students may qualify for, but students are only eligible to receive one per year. Grants are awarded to full-time students with at least 9 credits per semester. Students who receive a grant are still eligible for merit based and ministry scholarships.
Sioux Falls Seminary Tuition Grant
A grant in the amount of 25% of a student's tuition cost will be offered to NAB students going into the Master of Divinity or Master of Arts in Christian Leadership programs. A student receiving this grant must be a member of an NAB church intending to serve in an NAB church or other approved ministry upon graduation.
Partners in Ministry
This grant is designed to help churches support their students by partnering with Sioux Falls Seminary in providing affordable seminary education. The goal of the Matching Grant is to reduce tuition by up to 75%. Sioux Falls Seminary will match at a 50% rate up to half of student's tuition cost that is given by a student's church and/or denomination during the academic year. This means if a church gives 50% of a student's tuition, the seminary will give 25%.
Emerging Leaders Grant
The purpose of this grant is to encourage recent college graduates sensing a call to ministry to pursue theological education. Students must have a bachelor's degree from an accredited college or university to be eligible for the grant and must enter seminary within two years of graduating. Full time students who meet these criteria will get a 20% reduction in their tuition cost.
Merit Based Scholarships
Merit scholarships are awarded in the fall semester only. The application for admission is the application for scholarships. Students must submit their completed application by April 30th to be considered. Merit scholarships are awarded to full time students only. Merit scholarship recipients are also eligible for grants and ministry scholarships.
Sioux Falls Seminary in partnership with denominations, churches, and para church organizations have a variety of scholarships specifically designed to assist students involved in particular ministries, or moving from certain geographical locations. Students who receive more than one ministry scholarship are not eligible to receive grants, but may still be eligible for merit based awards.
To find out more information, contact the financial aid office at email@example.com or by calling 800-440-6227.
Other Sources of Financial Aid
LIFE Fund (Lifetime Investment For Education)
Students may obtain assistance for the remaining demonstrated need not met through the grant/loan by utilizing the LIFE Fund program. The LIFE Fund program is dependent upon the generosity of individuals who, at the suggestion of the student, receive a letter from the financial aid office concerning the student's intent to enter ministry and the opportunity to give a tax deductible donation toward the student's educational expenses.
Download: Life Fund Brochure
Leadership Advancement Grants
Students with unmet financial need that are ineligible for others sources of financial aid, may qualify for our leadership advancement grant. Contact the admissions office for more details.
Payment Plan Option
This plan is designed for M.Div. students involved in full-time ministry wishing to spread their program over five years. The payment plan is based on the current annual rate of tuition multiplied by three (the average length to complete an M.Div. program) and payable in 60 equal payments. Students in the payment plan are not eligible for grants or scholarships, but would not be subject to tuition increases and could register for classes during the fall and spring semester as well as January term and summer at no additional charge. A $1,000 deposit is required to begin the payment plan.
Canadian Student Award
On the day of registration, Canadian funds will be accepted dollar-for-dollar for tuition expenses after institutional financial aid has been awarded. Available each semester for full-time Canadian students.