Financial Aid Office

We can help you
KEEP DEBT DOWN
with the ULS Full Tuition Scholarship

Data from the National Center for Education Statistics, shows that 70 percent of graduate students use student loans to fund their education. United Lutheran Seminary (ULS) recognizes that affordable seminary education is the need of the hour, and we are blessed with resources to aid students in covering their educational expenses, and to help KEEP DEBT DOWN.

View the full 2021-2022 Financial Aid Policy in its entirety.

Trying to make/send a payment towards a student’s account? Please visit the
Student Billing Office.


Who is eligible for Financial Aid?

Eligibility for financial aid is predicated on admission to one of the following ULS degree programs:

In addition, students must be a U.S. Citizen, meet Satisfactory Academic Progress, and submit both of the following requirements each academic year in which they wish to be considered for financial aid:

1. FAFSA (Free Application for Federal Student Aid)

View a tutorial video.


2. ULS Financial Aid Application

Available on the student portal, Henry.
Log-in, click the 'Financials' tab located on the top of the home screen, then select 'Financial Aid', and then 'ULS Financial Aid Application'.

View a tutorial video.

Click on a heading below to learn more.

Cost of Attendance

Cost of Attendance is not what a student is billed, but rather the dollar amount that a student’s financial aid is based on, and students may not receive financial aid that exceeds the total dollar amount of their COA. The amounts shown below are based on full-year (Fall & Spring ), and full-time, as specified below. Students that enroll in less-than-full time credits will have the following amounts prorated based on the actual courses in which they are enrolled: Tuition & Fees, Loan Fees, Books & Supplies.

Students that receive financial aid exceeding their actual COA may result in a reduction of previously offered/disbursed financial aid. For example: Student A is offered a ULS Full-Tuition Scholarship, but only enrolls in a single course—The previously offered scholarship would be reduced to cover one course.

ULS Full Tuition Scholarships

ULS is blessed to be able to provide students with tuition scholarship funds, to assist in covering the “gap” that may exist after external aid has been credited to their ULS student account. For scholarship purposes, June intensive classes are considered as part of the Spring semester, and August intensive classes are considered as part of the Fall semester.
ULS Tuition Scholarship funds are applied to ULS tuition charges only. Dissertation Fees, Colloquium Fees, and other fees are not covered by ULS Tuition Scholarship funds.

Full-time Student Scholarships

Eligibility for the ULS Full Tuition Scholarship is based primarily on the degree program of study that a student is enrolled in. The table below provides a breakdown of ULS Full Tuition Scholarship eligibility by program of study. Note, that students registered for less than the full-time credits/semester amount shown, will be considered as part-time students (see ‘Part-Time Student Full Tuition Scholarship’).

Part-time Student Scholarships

Students that are enrolled in one of the above programs but enrolled in less-than-full-time semester credits listed, will be eligible for part-time Full Tuition Scholarship amounts. The part-time tuition rate is $2,250 per 3-credit course, and students are expected to seek and utilize all available funding support from personal, familial, congregation, judicatory, and/or external agency resources. Beyond these funds ULS will provide additional support up to the tuition owed.

Full Tuition Scholarships for International Students

ULS recognized the invaluable contributions that our international students contribute to the life of the seminary. However, due to limited funding, international students are ineligible for ULS Scholarships during their first year at ULS, and such students will need to provide support from other organizations to cover their studies. After the first year, tuition assistance could be considered for a limited amount on a case-by-case basis.

Faculty/Staff Full Tuition Scholarship

Employees of ULS are eligible for a maximum of 3 credits/semester in ULS Full Tuition Scholarship Funds.

ULS Scholarship Retention

In order to retain institutional aid and outside scholarships, students must meet the original criteria required for the scholarship award and meet requirements for satisfactory academic progress. Fund for Leaders scholars will have their scholarship revoked if they fall below a 2.0 grade point average or do not take enough courses to meet maximum timelines for graduation; there is no probationary period or appeal.

ULS Housing Allowance

Campus housing for full-time residential and Co-op students, in Gettysburg and Philadelphia, who bring in full-funding from outside sources, may be subsidized on a case-by-case basis. No housing funding will be provided for part-time or Distributed Learning students.

ULS eCampus Bookstore Line of Credit

All students are eligible to utilize up to $1,000 in the ULS eCampus Bookstore Line of Credit. This online service makes shopping for textbooks simple and easy. Students may view and purchase required and recommended books by visiting the eCampus Book Service website at http://www.uls.ecampus.com. Purchases made through the eCampus website, up to $1,000, will be billed to students’ ULS Student Account (Henry), and the student will be responsible to resolve these charges (i.e., through financial aid and/or a payment plan with the Student Billing Office. Each semester, the ULS Bookstore notifies students (via their@uls.edu email account) of their login credentials to utilize the ULS eCampus Bookstore LOC. In addition, the ULS Student Billing Office sends each student an email reminder with instructions to use the ULS eCampus Bookstore LOC. Kindly note, that students are not required to purchase their books from eCampus. Wise shoppers may find that other online services or bookstores may have a better price. When comparing prices students should be sure to include the cost of shipping, and to also be clear on when a third-party seller may be involved, and the projected time for receiving your books.

Outside/Private (Non ULS) Assistance

All outside/private scholarship and student funding (including congregational/synod, and outside support payments) are classified by ULS into the two categories below, and applied to students’ accounts in the same way.

Donors wishing to designate funding for housing, living, books, etc., would simply needs to indicate this when submitting payments to the Student Billing Office, so it may be properly designated. We strive to be good stewards of our Full Tuition Scholarship funds, and so please kindly note that outside (non-ULS) funding that is not designated towards a specific cost of attendance item will be applied towards students’ tuition charges*. Our aspiration in inviting additional tuition funding for the seminary is to ensure that the maximum number of enrolled students can benefit from all the financial aid we can offer.  Receipt of additional financial assistance such as scholarships, congregational/synod payments, or vocational rehabilitation grants may change eligibility for offers that have already been processed.  All scholarship aid is disbursed to students’ accounts once the drop/add deadline has ended for each semester, so that ULS can verify students’ accounts before disbursement. Please refer to the Academic Calendar on the Registrar’s Office for specific semester dates and deadlines. ULS Scholarship funds, and Federal Loans may be decreased or canceled for students that receive outside assistance after financial aid funds have disbursed to their student account.

Veteran Affairs (VA) Benefits

ULS supports Veterans of the United States military, and spouses or dependents of veterans, and is recognized by the U.S. Department of Veteran Affairs (VA) to offer VA Educational Benefits (GI Bill) to eligible individuals enrolled in approved programs. ULS students eligible for benefits through Chapter 30 (Montgomery G.I. Bill), Chapter 33 (Post-9/11 G.I. Bill),Chapter 35 (Survivors’ and Dependents’ Education Assistance Bill), or other programs sponsored by Veterans Affairs, must complete both of the stepsbelow. Please visit benefits.va.gov/gibill/ for more information about all available and programs and benefits.

1. Visit va.gov/education/ to apply for benefits.
2. Submit a copy of your Certificate of Eligibility (COE) to the ULS Registrar’s Office at registrar@uls.edu to establish a file and to verify your enrollment to VA.

Federal Loans

  • Federal Graduate Direct Loans
    Federal Student Loans will automatically be offered to eligible degree-seeking students that submit a Free Application for Federal Student Aid (FAFSA), and that are enrolled at least half-time. Loans will not be offered to students that indicate ‘NO’ to Federal Loans on the ULS Financial Aid Application. Students that indicate ‘No’ but would later like to be considered for a Federal loan, must email their request to financialaid@uls.edu. Prior to the disbursement of a loan that has been accepted on Henry, ULS students must:
    1. Complete a Master Promissory Note
    2. Complete Loan Entrance Counseling
    3.Complete Loan Acknowledgement
    Loan offers are subject to annual and aggregate loan limits. Students may visit www.studentaid.gov to review outstanding Federal loan balances, and for more detailed information on the different Federal student loan programs available. The interest rate for Federal Loans is set by the government and begins accruing immediately. For loans disbursed during the 2020-21 academic year, the interest rate was 6.08% with an origination fee of 1.062% (the origination fee is deducted from the loan before the funds are disbursed to the school). 
    ULS students on internship, project, dissertation, or that are completing other non-credit requirements to graduate will be considered as being at least half-time, and will be eligible for Federal student loans.
  • Federal Graduate Unsubsidized Loans
    Eligible students that indicate interest in Federal loans will be offered a maximum academic year amount of $20,500 ($10,250/semester). It is recommended for students to only accept the amount that they need for educational expenses, since it is not required for the maximum amount to be accepted. If a student accepts an amount lower than what they have been offered, they may contact the Financial Aid Office to request an increase in their originally accepted loan amount.
  • Federal Graduate Plus Loans
    This is a credit-based loan, to be used when a student has exceeded their Unsubsidized Loan eligibility. The PLUS Loan interest rate is generally higher than that of the Unsubsidized Loan, and the borrower is responsible for paying all interest. Students may request a PLUS loan on-line by visiting studentaid.gov.

Enrollment Census & Disbursement Information

Enrollment Census occurs after the registration drop/add deadline for each semester. After this point in time, the Financial Aid Office works in consultation with the Student Billing Office, to verify student registrations and eligibility for offered funding.  On or about the second week following Enrollment Census, financial aid is disbursed to students’ accounts. Students with remaining balances after disbursement, may make payments through Henry, or directly to the Student Billing Office.

Refunds

Remaining credit balances from Federal student loans, if any, will be refunded to eligible students within two weeks from the point that loan is applied to students' accounts. Not all students will have a credit balance and not all anticipated credit balances will occur at the same point in the term. Types of aid as well as tuition and fees, books and supplies, room and board, and other miscellaneous student account charges will vary from student to student based on enrollment, on‐campus purchases, and housing/meal plans, if living on campus. Please monitor your financial aid and refund status via Henry. 

Withdrawals & Complete withdrawals

In most cases, the withdrawal date for students who officially withdraw will be the actual date of withdrawal as determined by the ULS Registrar’s Office. Students who cease attending without officially withdrawing are considered "unofficial withdrawal." In this case, the midpoint of the semester (or in some cases, the last date of attendance) will be used in determining the amount of aid to be returned. If you should have to withdraw at any point, please contact the Financial Aid office.

Return of Title IV Funds

Federal regulations state, that if a student who has been awarded a Federal Direct Student Loan withdraws before the 60% point in time of the semester or term, then unearned financial aid funds must be returned within 45 days, and this may result in the student’s owing a balance to the seminary and/or the federal government. The return of Federal Title IV loans is calculated based on the number of days in a semester that a student attends ULS. The percentage of unearned aid to be returned is equal to the number of days remaining in the semester, divided by the number of calendar days in the semester.
Federal loans are returned in the following order:
(1) Direct Graduate PLUS Loan, (2) Direct  Loan. Students determined to be eligible for a post-withdrawal disbursement, will be notified by letter of their eligibility.

FERPA (Family Educational Rights & Privacy Act)

Students that wish to provide authorization for specific individuals to have access to their ULS Financial Aid and Advancement Office information, must complete the online Title IV FERPA form, through the ULS Student Portal, Henry. Please see Section 11.5 (Confidentiality & FERPA).

Contact Information

Click HERE, to book an appointment with the ULS Financial Aid Office. You can also reach us by email at financialaid@uls.edu, or by phone at 215.248.6301.