Process to Apply for Financial Aid

Masters Program

As an applicant or returning student to the PTS Master’s Program you may apply for financial aid by completing the steps below:

1. Apply for U.S. Department of Education FSA ID at fsaid.ed.gov. This ID serves as the identifier allowing you access to your personal information in various U.S. Department of Education systems. Be sure to retain your FSA ID for future reference, corrections, etc. (If you already have a FSA ID, proceed directly to 'Step 2').

2. Complete the free electronic 2016-17 FAFSA at www.fafsa.ed.gov (required for both loans and scholarships).

  • PTS School Code: B06511

3. Download and complete the Master's Financial Aid Scholarship Application* linked here and submit via email to finaid@ptseminary.edu or fax to 423-478-7712.

4Follow the steps below if you wish to apply for Federal Loans: 

     a. Go to www.studentloans.gov

     b. Log in using your FSA ID Username & Password 

     c. Complete your Entrance Counseling

         •Select 'Complete Counseling' in the left-hand navigation bar
         •Select 'Entrance Counseling' under 'Choose Counseling Type' 
         •When finished, follow steps to 'notify school of counseling completion' 
 
     d. Complete your Master Promissory Note (MPN) 
 
         •Once obtained, you do not need to complete another MPN for ten years 
 
     e. Email copies of 'proof of completion' pages for both the MPN & Entrance Counseling to finaid@ptseminary.edu
 
     f. Download and complete the Loan Request Form linked here and return via email to finaid@ptseminary.edu or fax to 423-478-7712
 
     g. Download and complete the Student Loan Credit Balance Form linked here and return via email to finaid@ptseminary.edu or fax to 423-478-7712
 
5. If you receive tuition assistance in the form of scholarships from endowed funds or care ministries scholarships, submit a letter of thanks to the donor families who have contributed to said funds. Letters (125-250 typed words in a PDF or Word doc) should be emailed to jterpstra@ptseminary.edu and cc: Finaid@ptseminary.edu and must contain the following:

     a. Your name & state/country of origin

     b. Why you chose PTS for your education

     c. Your current job/ministry

     d. Your future plans for employment/ministry

     e. Several sentences of appreciation for the family/church establishing a scholarship fund to assist students with tuition

     f. An attached personal photo 

 

*Please note that there are many different scholarship options (see the linked Fin. Aid Application). Most scholarships, such as the New Incoming Scholarship, require fulltime enrollment (9+ hours per term), with a few exceptions such as the Care Ministry Scholarship (see Fin. Aid Application). Scholarships are available as funds permit. Master’s Scholarships are for Master’s degree students, both online and on-campus students (excluding cohorts /extensions). 

If you have not applied or have not been accepted through PTS Admissions, please contact Regina Wilhelm at: rwilhelm@ptseminary.edu or 423-478-7725.

Robin Sluder               
Financial Aid Office
Pentecostal Theological Seminary
Office#: (423) 478-7727 
Fax#: (423) 478-7712
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