Each year many qualified students apply to Westminster who are unable to attend due to lack of scholarship funding.
There are several funding options that have been established to help these students meet the cost of tuition.
Scholarship Funding Options
Westminster Scholarship Fund
Each year Westminster gives over 200 scholarships to our students from the Westminster Scholarship Fund. Listed below is a breakdown of how these funds were distributed in the 2011-2012 academic year. The amount awarded and the number of awards given to each category below can change each year based in part on the qualified applications received.
- Church Partnership Scholarship
$18,637 (9 awards)
- Masters General Scholarship
$165,375 (89 awards)
- International MA Scholarship
$214,460 (20 awards)
- Leadership Scholarship
$36,950 (3 awards)
- M.Div. Ministry Scholarship
$236,255 (56 awards)
- Presidential Scholarship
$14,355 (4 awards)
- RUF Intern Scholarship
$36,090 (3 awards)
- Spouse Scholarship
$179,240 (24 awards)
- Th.M./Ph.D. Historical Theology
$78,410 (11 awards)
- Th.M./Ph.D. Biblical Hermeneutics
$30,960 (6 awards)
**For more information about non specific scholarships please click here.
International Student Fund
(Temporarily Restricted, spent annually)
Gifts toward tuition scholarships, for international students, who intend to return home upon graduation. These gifts, are intended to be awarded in full, are aggregated together and awarded annually by the Scholarship Committee. Gifts of any amount are helpful and can be made on a one-time, annual, or monthly basis. Simply designate the International Student Fund when you send your gift.
Special Named Scholarships
(Temporarily Restricted, spent annually)
Gifts of $10,000 or more may be named and selection criteria identified by the individual, church, or organization creating the tuition scholarship. Awards are made by the Financial Aid Committee, however a church or organization not requiring a tax deductible receipt, may also set up an application process to award the scholarship to a specific individual. Award recipients may be requested to visit the sponsoring church or organization at the sponsor's expense.
$10,000 - one annual tuition scholarship, including Summer and January term courses, per student;
$20,000 - one annual tuition scholarship, including Summer and January term courses, and overhead costs per
student that the Seminary currently bears out of the general fund, per student.
Named Scholarships - Endowed
Gifts of $100,000 or more may be named and designated based on criteria chosen by the individual, church, or organization creating the tuition scholarship. Awards are made by the Financial Aid Committee; however, a church or organization not requiring a tax deductible receipt may also set up an application process to award the scholarship to a specific individual. Named scholarships over $100,000 may be given over a defined period. Partial awards will be distributed until the scholarship is fully funded. Suggested amounts:
- $100,000 - partial scholarship toward annual tuition costs of one student.
- $200,000 - one annual tuition scholarship, including Summer and January term courses;
- $250,000 - one annual tuition scholarship, including Summer and January term courses, and 50 percent of the overhead costs per student that the Seminary currently bears out of the general fund;
- $350,000 - one annual tuition scholarship, including Summer and January term courses, and 100 percent of overhead costs per student that the Seminary currently bears out of the general fund, per student.
You may wish to endow a scholarship. These are gifts in perpetuity, gifts that keep on giving. Endowments extend opportunities to students from a wide variety of ethnic, socioeconomic, and geographical backgrounds. Endowments allow the seminary to offer financial aid, eliminating financial obstacles which prevent many from benefiting from a college education. Endowed scholarships also contribute to diversity within the student population while enriching a Westminster education. Through these endowed scholarships, criteria are established between a donor and the seminary, regulating these annual awards. While an endowed scholarship may be established with a single gift or series of gifts, partial scholarship awards will begin to be distributed when the principal reaches $100,000. Please refer to the gift schedule above for further information regarding the amount of an endowed scholarship.
Living Expense Scholarships
Westminster does not generally provide for living expense scholarships. Gifts to provide living expense support for a designated student are not tax deductible and cannot be receipted by the Seminary. If the Seminary designates the student, the gift can be tax deductible. Individuals, churches, and organizations wishing to provide this kind of support through Westminster may do so. It is considered a "pass through" transaction and does not contribute to the cost the Seminary bears to educate students.
If you are interested in investing in any of the scholarship funds,
Steve Carter, Chief Administrative Officer,
via e-mail, email@example.com
or phone, 215-572-3855.