Financial Aid Grant

Each year the Board of Directors determine the amount of money available for assistance to students who are in financial need. The financial aid that is awarded each semester is limited to the amount determined by the Board of Directors. In the case that the total aid required to fulfill the requests from students does not exceed that amount, all students who apply will be granted financial aid. In the case that the total aid required to full the requests does exceed the amount of money allotted for that semester, the students with the greatest financial need will be given priority.

 

Financial aid will be awarded in the following ways;

Certificate and Master of Divinity/Master of Religion Students

  • Students must take more than one class in the semester they receive financial aid.

  • Students who qualify for financial aid will receive tuition credit equal to one course that will be applied to their total tuition for the semester.

  • Student are responsible to pay for or find other funding for the remainder of their tuition.

 

Master of Sacred Theology and Doctor of Ministry Students

  • Students who qualify for financial aid will receive tuition credit equal to two credits of the course applied to their total tuition for that semester.

  • Student are responsible to pay for or find other funding for the remainder of their tuition.

 

Students must follow these steps to apply for financial aid:

  • Students receive notice of the availability of financial aid when registration opens for a new semester. This is included as a part of the announcement that registration is open. (ILT does not offer financial aid for the J-term or the summer session.)

  • Students request the Financial Aid Application before the first day of class in each semester. The notice of availability includes either an email address for the requesting of a financial aid application or a link to download the financial aid application.

  • Students return the Financial Aid Application by the end of the first week of classes.

  • Students receive notice of financial aid awards by the end of the second week of classes.

  • If any financial aid money allocated for that semester is unused, students may be given the opportunity to make another application.

Students may be asked to provide proof of income by sending a copy of their previous year’s tax statement to the Business Office.

NC-SARA Approved Institution logo round.

Institute of Lutheran Theology • Copyright © 2020 • All Rights Reserved 

(605) 692-9337 • 910 4th Street, PO Box 833, Brookings, SD 57006-2173 

  • Black Facebook Icon
  • Black Twitter Icon
  • Black Instagram Icon
  • Black YouTube Icon
  • Black LinkedIn Icon