CTSFW

Concordia Theological Seminary – Fort Wayne, IN

CTSFW

Concordia Theological Seminary – Fort Wayne, IN

Is my financial aid taxable income (student 1098T tax form explanation)?

In general, students do not pay taxes on scholarship money used to pay for certain expenses related to the student’s education. The IRS calls these “qualified education expenses” which include: 1) tuition, 2) student fees, 3) books, and any required equipment or supplies for courses taken.  However, if a student has scholarship or grant money left over after covering these qualified education expenses, the student must include that excess amount as gross taxable income. That means scholarship or grant money used to pay room,...

What about returning any extra or unused loan funds?

The CTSFW Financial Aid Office will cancel any unwanted loan funds prior to the day of disbursement if the student notifies the Financial Aid Office in writing or by email. The Financial Aid Office sends a notice at least two weeks before the next loan period payment is made. The student is asked to respond to that notice if he or she wants to change the scheduled loan disbursement amount. Once a loan disbursement has been made to the student’s account, the Financial Aid...

What about Professional Judgment for exceptional circumstances?

The CTSFW Director of Financial Aid may, on a case-by-case basis, make adjustments to a student’s Cost of Attendance based upon the student’s actual expenses when they exceed the regular budgeted amounts or to a student’s tax data reported on the FAFSA based on documentation provided. Students must provide documentation to the Director of Financial Aid showing the need to make adjustments to the categories listed for their program’s published Cost of Attendance, such as the cost for the purchase of a computer needed...

What are my options for repaying my student loans?

To avoid making payments while attending CTSFW, new students should contact their loan servicer(s) to request an educational loan deferment if they have previous unpaid student loans. The CTSFW Registrar will need to verify your enrollment for the loan deferment request form. You do not have to begin repaying your Federal Student Loans until you leave school (graduate, withdraw or take a leave of absence) or drop below half-time status in your enrollment. Vicarage and deaconess internship should not cause your loans to go...

What are my options for paying my Seminary bill each quarter?

You must pay your bill each quarter to attend class the next quarter. Bills are due three weeks after the quarter begins. See the Academic Calendar for the specific due dates. Students who do not pay their bills by the published due date will be charged a late payment fee per the Student Bill Payment Policy. For students enrolled only for intensive courses that begin later on in the quarter, your bill is due on the first day the intensive class begins. You must...

How does dropping a class or withdrawing from the Seminary affect my financial aid?

If you drop a class in the middle of the quarter, all of your CTSFW tuition grant money for that class will be removed from your account and you will be responsible for any remaining tuition costs (see the Academic Calendar or Academic Catalog for tuition refund rate schedule). If you drop classes with the result that you fall below half-time status (half time is 6 credits for M.Div. and A.R.; 4.5 credits for M.A. and M.A. in Deaconess Studies-Residential; 3 credits for S.T.M.,...

How does the Food and Clothing Co-op work?

These significant in-kind resources are separate from your regular financial aid. While they are designed to help families, residence hall students can also utilize the Co-op for snack foods, toiletries, and clothing. Families will typically receive 75%, or more, of their food, paper products, baby diapers, and other household supplies through the Co-op. The Co-op provides families with high-quality used clothing and household furnishings donated by church members throughout the country. Please visit the Food & Clothing Co-op page for additional information.

How does the Student Adoption Program work?

Our office will match you with a congregation, church group, or individual wishing to adopt a student. Student Adoption provides supplemental financial support to your regular financial aid and, in addition, allows you to meet new friends through your thank-you notes, emails, or telephone calls with your donors. To participate, please complete the online Application for Student Adoption. Note: M.Div., A.R., and Deaconess students may apply for the Student Adoption Program. When you sign up for Student Adoption, you accept the responsibility to send...

Does the Seminary have a Work-Study Program?

Yes, CTSFW participates in the Federal Work-Study program. Numerous on-campus and several community service off-campus jobs are available. All students seeking employment on-campus must be willing to accept Federal Work-Study funds as part of their financial aid package (must also complete a FAFSA to show eligibility requirements are met). Some jobs, such as working in the chapel, do not qualify for federal funding. Students hired for these jobs are paid from Institutional Work-Study Funds. Students looking for employment on campus must first inquire at...