Calvin Theological Seminary Financial Aid and Scholarship Application

Canadian and International Students - Fiscal Year 2007-2008

3233 Burton Street Southeast · Grand Rapids, Michigan
616-957-6675 · FAX 616-957-8621 · www.calvinseminary.edu · Jennifer Settergren

Please complete every section of this form that pertains to you.

File Checklist:
This application
One Recommendation form from current CTS Faculty. For returning students only.
     Recommendation Form

Deadline for receipt of all information is MARCH 1.

Name:

Address:
City: State:  Zip:
Country:

Phone Number:              FAX Number:

Email Address:

Marital Status: Single Married Divorced Separated Widowed

Date you were Married/Separated/Divorced or Widowed:
Month Date Year

Add a Child Children (list names and ages)

(Click the plus symbol to the left of "CHILDREN (LIST NAMES AND AGES)" to add rows.)


Anticipated Enrollment
Summer 2007 Full Time/Not Sure Not Attending
Fall 2007 Full Time/Not Sure 1/2 Time Less than Half Time Not Attending
Winter 2007/2008 Full Time/Not Sure 1/2 Time Less than Half Time Not Attending
Spring 2008 Full Time/Not Sure 1/2 Time Less than Half Time Not Attending
Summer 2008 Full Time/Not Sure Not Attending

Year at Calvin Theological Seminary
First Year Second Year Third Year Fourth Year Other

Which degree will you be working on during 2007/08?
Master of Divinity EPMC Master of Arts Master of Theological Studies Master of Theology

For what type of ministry are you preparing? (check all that apply)
Ordained ministry in the CRCNA Theological education Church education
Pastorate in North America International Missions Missions in North America
Other (please explain)


Are you currently ordained? Yes No      If yes, in which denomination?

Christian Reformed Students in the M.Div and EPMC programs: The Lord willing, do you intend to apply for candidacy for ministry of the word in the CRC? Yes No



Estimated Student Expenses

(Please read carefully and fill out each section completely. Failure to do so will make you ineligible for aid). The figures listed are the anticipated expenses in each area. Tuition is based off of the 2006-07 tuition rate. Updated tuition costs will be available in late February. We will adjust your budget accordingly. If you anticipate your expenses to be significantly different from these numbers, please insert those figures. Please check the seminary website for updated tuition figures in the spring.

EXPENSE SINGLE STUDENT
BUDGET
MARRIED
STUDENT
BUDGET
MARRIED STUDENT
WITH ONE CHILD
BUDGET**
Student's tuition
MDiv, MA, MTS


ThM           
$9,765

$6,120


Other:
$9,765

$6,120


Other:
$9,765

$6,120


Other:
Books, Laptop, Software $2,400
$2,400
$2,400
Rent or Mortgage $2,400
$6,600
$7,260
Food $1,135
$2,030
$2,580
Personal Expenses* $2,300
$3,480
$3,800
Medical Insurance $890
$3,115
$4,222
Additional Medical and
Dental Expenses
$250
$400
$550
Transportation $2,700
$2,700
$2,700
TOTAL
MDiv, EPMC,
MA, MTS


ThM           
$21,840

$18,195

$30,490

$26,845

$33,277

$29,632


*Includes: Clothing, Laundry, Telephone, Household items, Personal items and Miscellaneous expenses.

**Add $2,100 for each additional child



Other major expenses: U.S. Federal law allows certain major items to be included in the budgeting for students. If you have expenses in the categories below, include the dollar amount. You must provide receipts or enrollment forms in order to budget these items.
     Childcare: $
     Christian Education: $ (Family contribution only)
     Other Major expenses: $

STUDENT INCOME: The following information is included in order to calculate financial need. Calvin Theological Seminary uses standard U.S. Federal Government procedures for calculating a student's financial need. (Please report in U.S. Dollars)
     What was your adjusted gross income for 2006?  $
     What was your spouse's adjusted gross income for 2006?  $
     What is the net worth of you and your spouse's current investments?  $
     What is the current balance in your checking, savings and cash accounts?  $


TYPES OF ASSISTANCE DESIRED

Non-Calvin Seminary Financial Assistance
Many scholarships and all financial aid are based on financial need. This is determined by calculating the difference between your income and your expenses. In order to calculate an accurate figure, please complete the box below. If you do not know at this time, please write "Unknown." When you are informed of any further support, contact the financial aid office to report the amount.
OUTSIDE SCHOLARSHIPS: AMOUNT $
CLASSICAL AID: AMOUNT $
OTHER AID: AMOUNT $

Calvin Seminary SCHOLARSHIPS:
Please Consider me for the following scholarships:

Please consider me for any other scholarships for which I may be eligible.

INTERNATIONAL STUDENTS ONLY
International Students: Do you plan to return to your country of origin at the end of your studies? Yes    No
If No, please explain

If you are an international student and a member of a Reformed church, are you also applying for support from the International Student Subsidy Fund? Yes    No
Have you completed the application for the above subsidy? Yes    No

Canadian Students Only: Loans and Subsidies:
You must request a specific amount for each loan.

POSTMAN LOAN - Available for Canadian citizens, restrictions apply, low interest rate, separate application form
     separate application form required from financial aid office in September 2006.
     Postman Loan Amount Requested $
MINISTRY INCENTIVE PROGRAM - Available for North American students studying for CRC service, 6% interest
     rate. (Previously known as the Seminary Revolving Loan)
     Ministry Incentive Program Amount Requested $
HOUSING SUBSIDY - Available for North American students. Limited funds available for rent, restrictions apply.
     (only available for students living off campus because of special circumstances.)
      Off Campus      On Campus
     Housing Subsidy Amount Requested $
CANADIAN STUDENT TUITION EXCHANGE REBATE - A subsidy is provided to Canadian Students in order to offset some of the expenses incurred while studying in the United States. A payment of $200 per quarter will be posted to the student account if all the qualifications are met.

In order to qualify a student must verify that 50% or more of their funding is coming from a Canadian source, and their student account balances (including rent, tuition, insurance and all other fees) must be paid in full by the tuition due date. Due dates for tuition are Fall - October 15, Winter - February 15, Spring - April 15, and Summer - August 15.

Students are responsible for completing the certification regarding the 50% income requirement. In addition, the student must provide a statement of support from the classical student fund committee indicating the amount of support and the policies. Forms are available in the financial aid office. Current balance information may be obtained from the website.

     Please indicate your agreement with the following:

           More than 50% of my income is from a Canadian source:       Yes No
I will provide written documentation of my church/classis support: Yes No


TOTAL AMOUNT REQUESTED $



Calvin Theological Seminary requires full disclosure of all financial indebtedness of all applicants for all loans granted or endorsed by Calvin Theological Seminary. These loans include Perkins, Stafford, Albert Postman Loan, Ministry Incentive Program and Canada Student Loans. The information provided about indebtedness is intended for use by the financial aid office to alert applicants to potentially heavy debt repayments which they will face when they leave Calvin Theological Seminary. It may also be used to alert an applicant's congregation and classis to the applicant's financial needs.

Add a Credit Card Credit Card Debt

(Click the plus symbol to the left of "CREDIT CARD DEBT" to add rows.)

Add an Automobile Loans for Automobiles

(Click the plus symbol to the left of "LOANS FOR AUTOMOBILES" to add rows.)

Add a Mortgage Mortgages

(Click the plus symbol to the left of "MORTGAGES" to add rows.)

Add Indebtedness Rows Other Indebtedness (Personal, Family, Banks, Credit Unions, etc.)

(Click the plus symbol to the left of "OTHER INDEBTEDNESS" to add rows.)




BY CHECKING THIS BOX, I CERTIFY THAT:
  1. I have read all information pertaining to the regulations for applying for financial aid.
  2. Any Financial Aid I receive will be used solely for expenses related to attending Calvin Theological Seminary.
  3. If I attend another college either during the summer or during the academic year at the same time I am attending Calvin, and receive financial aid to attend that school, I will inform Calvin Theological Seminary Financial Aid Office of the aid received.
  4. I will report to the Financial Aid Office at Calvin Theological Seminary any other financial aid I receive. I understand that if I receive aid in addition to what I receive at Calvin Theological Seminary, Calvin will reevaluate my other aid and make adjustments if necessary.