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Financial Aid. Primary financial aid contact: Rev. Amy Current Dean for Vocation 563.589.0274 or [email protected] 1. Complete the FAFSA (Free Application for Federal Student Aid) This is most convenient on the Web at www.fafsa.ed.gov

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Financial aid

Financial Aid

Primary financial aid contact:Rev. Amy CurrentDean for Vocation563.589.0274 or [email protected]


Financial aid

1. Complete the FAFSA (Free Application for Federal Student Aid)

This is most convenient on the Web at www.fafsa.ed.gov

–apply for a pin # which will provide security and ease for corrections at www.pin.ed.gov

-Wartburg Theological Seminary School Code: G01897

***AS A GRADUATE STUDENT, YOU ARE INDEPENDENT on the FAFSA.

2. Complete a Wartburg Seminary financial aid application form https://www.wartburgseminary.edu/webTemplate/template_forms/form_financialAid.asp

3. Submit the WTS financial aid application along with a copy of your SIGNED IRS 1040 tax return to the Financial Aid Office

Wartburg Theological Seminary

Financial Aid Application Process


Wartburg theological seminary financial aid application process

Wartburg Theological Seminary Financial Aid Application Process

  • Your TIMELINE:

    Anytime

    • Call/Email with ?’s

    • WTS Financial aid App

    • Approx. Feb-Mar:

    • File Taxes

    • Send to WTS

    • Complete FAFSA

My TIMELINE:

  • Receive student materials

  • WTS Admissions gives notice of student acceptance

  • Process Financial Aid Award ASAP


Requirements for financial aid

Requirementsfor Financial Aid

  • A citizen of the United States or eligible non-citizen

  • Enrolled in a degree program

  • Continue making satisfactory academic progress

  • Sign a statement of educational purpose, and certify that you don’t owe the government any money for anything else.


Why is a fafsa necessary

WHY IS A FAFSA NECESSARY?

Determines eligibility for Federal Student Aid

Federal Perkins Loans/ Federal Stafford Loans and/or Federal Work Study

Creates Institutional Student Information Record

Lists Student’s previous Federal Student Loans

Determines EFC (expected family contribution)


How is financial need determined

How is Financial Need determined?

EFC: Expected Family Contribution determined by FAFSA process.

It is possible for the Financial Aid Director to consider making an adjustment to the EFC on an individual basis due to unique financial circumstances.

The Formula:

  • Cost of Attendance

  • Less EFC

  • = Financial Need


Cost of attendance

Cost of Attendance ?

  • School Expenses

    • Tuition & Fees

    • Books

    • Health Insurance

    • Greek tuition

  • School-related Expenses

    • Housing

    • Food

    • Childcare (if applicable)

    • Medical Expenses

    • Transportation

    • Miscellaneous Personal Expenses

    • Clinical Pastoral Education Living Expenses


Seminarian health insurance

Seminarian Health Insurance

  • Health Insurance is required for ELCA Seminarians

    • www.eiiassip.org

  • Plan Options for 2011-2012 (reviewed annually)

    • Enhanced : $3,419

    • Core: $2,484

    • Costshare: $1,420

      • Spouse and Dependant coverage is available with Enhanced and Core plans only

  • Waiver option: if you will have insurance coverage and that plan meets criteria specified annually on health insurance website. Students are required to register insurance info. on the health insurance website annually.


  • Financial aid possibilities

    FINANCIAL AID POSSIBILITIES

    Employment

    Federal Work Study available up to 10 hours per week based on financial need

    Off campus employment

    • FREE Money

      • Grants

        • Seminary

        • ELCA

      • WTS Scholarships

        • See next slide…

      • Other Scholarships

        • e.g. Preston Trust

        • e.g. Siebert

        • Websites

        • Financial Aid office

      • Gifts

        • Congregation

        • Synod

    • COSTLY Money

      • Federal Loans

        • Perkins

        • Stafford

          • Subsidized

          • Unsubsidized

      • Non-federal Loans

        • ANB loans

          • For final year

        • misc. private loans


    Wts scholarships

    WTSSCHOLARSHIPS

    RENEWABLE

    Scholarship Awards

    • Wilhelm Loehe Leadership

    • Faith and Life Leadership

    • Rural Ministry Leadership

    • Campus Ministry Leadership

    • Grossman Tower Leadership

    • Outdoor Ministry Leadership

    • Church College Leadership

    • Fund for Leaders in Mission

    • Valued Leaders Scholarship

    All

    prospective students

    may be considered for

    WTS SCHOLARSHIPS

    WTS considers

    • academic performance

    • servant leadership

    • Noted involvement and/or passion for various ministry possibilities


    Wts scholarships1

    In order to receive a WTS Scholarship, you must:

    Receive provisional acceptance into the MDIV or MA degree program through the WTS Admissions Office

    Complete the FAFSA

    Complete the WTS Financial Aid Application

    Submit signed 1040 Tax Form

    Be Selected by the WTS Scholarship Committee

    Return WTS Scholarship Acceptance Agreement

    WTSSCHOLARSHIPS


    Housing

    HOUSING

    Primary Housing Contact:

    Department for Vocation

    Office: 563-589-0203


    Wartburg theological seminary housing assignment process

    Wartburg Theological Seminary Housing Assignment Process

    Complete a WTS housing application

    (https://www.wartburgseminary.edu/template_FutureStudents.asp?id=49)

    Indicate three preferences.

    Send completed housing application with housing deposit to the Department for Vocation, at your earliest convenience.

    Please inform our office of your intended move in dates as early as possible .

    (this will aid in expediency with the assignment process )


    Utilities included in rent

    Utilities included in Rent

    • Electricity

    • Water, Sewage & Garbage

    • Heat

    • Cable television

    • Local telephone

    • Internet access

    • Long distance phone billed monthly

    • Electricity cap overageindicated on lease


    Wartburg theological seminary housing assignment process1

    Wartburg Theological SeminaryHousing Assignment Process

    Housing allocation is determined by the following:

    Priority is given to returning students

    Size of family

    Special needs

    Date of application received w/ deposit


    Wartburg theological seminary housing assignment process2

    Wartburg Theological SeminaryHousing Assignment Process

    Housing Timeline:

    Prospective students may apply for housing at any time.

    Students will not be guaranteed a housing unit until they are provisionally /fully accepted to WTS through the Admissions office.

    Housing assignments can be expected by approx. May/June.


    Wartburg theological seminary housing assignment process3

    Wartburg Theological Seminary Housing Assignment Process

    Things to consider:

    Renter’s Insurance

    Sorting, Prioritizing, and possibly Simplifying

    Make plans for current pets -

    (one dog, one cat or two cats only in pet units)

    Pet suggestion: If you don’t have a pet now, don’t get one. Instead, plan for a pet as a possible reward when you move into your new home after seminary.


    Financial aid and housing

    Financial Aid and Housing

    Questions?


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