Calvin Theological Seminary Financial Aid and Scholarship Application

United States Citizens Application - 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
FAFSA (on the web or on paper)
Signature on ISIR (in Financial Aid office about 2 weeks after you submit FAFSA)
One Recommendation Form From Current CTS Faculty (Returning Students)
     Recommendation Form (Please direct the recommender to this page. You do not have direct access.)

Deadline for receipt of all information is MARCH 1.

Name:

Address:
City: State:  Zip:

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, Software, Laptop $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.

LOANS AND SUBSIDIES:
You must request a specific amount for each loan.

 PERKINS LOAN - Available for US citizens and permanent residents. 5% interest rate.
     Perkins 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 $
STAFFORD LOAN - Please note this is not the application for the Stafford Loan-once you enroll you will need to come
     to the financial aid office to complete the necessary forms to obtain these funds. Available for US Citizens and permanent
     residents, interest rate is subject to change. Application available from participating banks.
     Stafford Loan 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 $

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.