Costs and Funding

Cost of Attending and Funding Options



To help you plan as you consider attending Westminster, we have provided information for US/Canadian students about average student costs and the typical types of financial assistance available.  Please be aware that this is only a guide; costs will vary among students depending on their credit load per semester, their financial need and eligibility for scholarships.

 Degree Program Information

MDiv

MAR

MAC/UM

      Typical Full-time Program Length in Years
      (Minimum Full-time Program Length)

      Number of Credits Required to Graduate 
      (Including languages if required)

4
(3)
111

3
(2)
74

2
(2)
56

   Degree Costs
      Tuition
($455/credit)
       Fees*

$50,505
$1,395

$33,670
$565

$25,480
$565

      Total Degree Cost

$51,900

$34,235

$26,045

 
 Anticipated Costs and Aid for the 2013-14 Academic Year
(Based on Typical Full-time Program Length)

   Cost of Attendance
    (Fall and Spring Semesters Only)
       Tuition
($455/Credit)
        Fees*
        Books
        Living Expenses


$12,626
$200

$800
$15,000


$11,223
$200

$800
$15,000


$12,740
$200
$800
$15,000

   Scholarships  (not to be repaid)
       WTS Funded    
       WTS Special/Named
       Outside

$4,392
Varies
Varies 

$1,889
Varies
Varies

$1,889
Varies
Varies

   Yearly Net Cost

 $24,234

 $25,334

 $26,851


 Options to Pay Yearly Net Cost

   Loans  (to be repaid)
        Federal Unsubsidized Loan
        (6.8% interest rate)

        Federal Graduate PLUS Loan
        (7.9% interest rate)
        Private Bank Loans


up to $20,500


Varies

Varies


up to $20,500


Varies

Varies


up to $20,500


Varies

Varies

   Other Options
        VA, Military and/or National
        Service benefits**

  
Up to 100%


Up to 100%


Up to 100%

   Tuition-Work Program
        Students can "earn" tuition while employed by the
        seminary. This is not need based.

Varies

Varies

Varies

     *Total includes the following fees: application, student, mentored ministry and graduation.  Other fees may apply.
     **Benefits depend on student eligibility and may cover tuition, fees and provide a stipend for living expenses.

Sources of Student Aid for 2012-13* (Anticipated and Awarded)

       *Note: Some students may recieve multiple types of aid in 2012-13.

Half of students enrolled in 2012-13 were not awarded financial aid from Westminster.  Of those who were, 38% were awarded Westminster scholarships and 20% took out federal student loans.  The percentage of students awarded other types of aid was: outside scholarships (3%), VA benefits (2%), support from churches and/or families (7%), and alternative bank loans (1%).