Financial Aid
Fund your future with Bexley Seabury.
Institutional Aid
Through the substantial support of donors and our historic endowment funds, we are able to provide some financial aid for students with demonstrated need. We also offer the St. Marina scholarship for LGBTQ, students, funded by an anonymous donor.
Future students are strongly encouraged to submit their financial aid application at the same time as their application for admission. Current students who are in good academic and financial standing with the seminary may apply for financial aid at any time.
Current students who are in good academic standing with the seminary may apply for need-based financial aid at any time.
Need-based financial aid may be available for students in the following programs: Master of Divinity (MDiv), Doctor of Ministry students in the program in Congregational Development (DMin), Diploma in Anglican Studies (DAS), and Certificate in Theological Studies (CTS).
MDiv students matriculated at Bexley Seabury who wish to be considered for a particular scholarships under the Bexley Seabury Scholars program, such as the St. Marina Scholarship, have additional documentation required. You can click here to find out if you are eligible for these scholarships and for instructions on how to apply.
Aid is not available to students who cross-register from a school other than Bexley Seabury (such as ACTS students).
Eligibility
To be eligible for federal student aid, students must be enrolled at least half time and in a degree program.
Application Process
Application for financial aid is made by submitting a financial aid application, which is available to download here. Students requesting aid must also complete a FAFSA assessment as part of the application process, our school FAFSA code is G37473. Financial aid will not be finalized until all requested documentation is received. If you are submitting your application prior to April 15th, please submit your FAFSA information for the same school year. If after April 15th, please submit your FAFSA information for the following school year.
Origination and Disbursement
Loan requests will be processed and scheduled for eligible students for the academic year. Once a student’s loan has been originated, the student will receive a disbursement notification through the student portal. Loans will be applied to the student account approximately 10 days after the start of the semester. Student with excess funds can expect a refund within 14 days after the disbursement.
Satisfactory Academic Progress (SAP)
To remain eligible for Federal Student Aid, students must maintain Satisfactory Academic Progress (SAP). SAP standards are based on the Academic policy and the assessment consists of both qualitative and quantitative measures.
The qualitative measure requires a student to maintain the minimum cumulative GPA of 3.0.
The qualitative measure considers the pace of completion to ensure that a student graduate within the maximum timeframe. To complete a program within the maximum timeframe (defined as 150% of the published length of the program measured in credit hours), students must satisfactorily complete 67% of credits that count toward the student’s current program.
SAP is reviewed at the end of each semester, after grades are posted. Students that do not make SAP will be notified and placed on Financial Aid Warning for the next semester, for which they will remain eligible for student aid. In a second consecutive semester not making SAP, a student is no longer eligible for Federal Student aid. A student may submit a SAP Appeal to explain the circumstances of why they did not make SAP. If the appeal is approved, the student will be placed on Financial Aid Probation for the next semester, during which the student will be eligible for federal student aid.
Prevent their enrollment;
Assess a late penalty fee to;
Require they secure alternative or additional funding;
Deny their access to any resources (access to classes, libraries, or other institutional facilities) available to other students who have satisfied their tuition and fee bills to the institution.
However, to qualify for this provision, such students may be required to:
Produce the VA’s Certificate of Eligibility by the first day of class; •
Provide written request to be certified;
Provide additional information needed to properly certify the enrollment as described in other institutional policies (see our VA School Certifying Official for all requirements).
GI Bill® is a registered trademark of the U.S. Department of Veterans Affairs (VA). More information about education benefits offered by VA is available at the official U.S. government Web site at https://www.benefits.va.gov/gibill.
Click here to view our quarterly FIPSE report for March 30, 2021
Click here to view our quarterly FIPSE report for June 30, 2021
Click here to view our quarterly FIPSE report for September 30, 2021
Click here to view our quarterly FIPSE report for December 31, 2021
Click here to view our quarterly FIPSE report for March 31, 2022
Quarterly Budget and Expenditure Reporting for all HEERF I, II, and III grant funds
To learn more about financial aid at Bexley Seabury, please contact Lynn Bowers at lbowers@bexleyseabury.edu or (773) 380-7052.
Federal Student Aid
Veterans Affairs
Bexley Seabury will not take any of the four following actions toward any student using U.S. Department of Veterans Affairs (VA) Post 9/11 G.I. Bill® * (Ch. 33) or Vocational Rehabilitation and Employment (Ch. 31) benefits, while their payment from the United States Department of Veterans Affairs is pending to the educational institution:
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