Loading...The School of Theology at the University of the South recently announced that the basic scholarship available to every student will be increased by $1,000. It will be applied to all students for the 2011/12 year. Tuition will be frozen at this year's level.
"This bold step is a response to the concern any student has when considering seminary," explains the Very Rev. William Stafford, dean of the School of Theology. "No one wants to begin their ministry with a large debt; such debt is a drag on the church's mission. The cost of seminary has pushed some students into unwelcome alternatives. This action opens Sewanee's doors even wider to those who want first-rate formation for ministry."
This change in the financial aid policy makes the School of Theology among the most affordable of major Episcopal seminaries, based on the tuition actually payable. Last year, more than $1.2 million in grant aid was distributed to seminary students.
The school had previously offered a scholarship of at least $4,584 per year to each student enrolled in a full-time course of study. For 2011/12, that amount will be $5,584, reducing tuition actually payable to $12,890, among the lowest of major Episcopal seminaries.
Sewanee's bold initiative is University-wide. In an equivalent move to address the spiraling costs of higher education at the undergraduate level, the University of the South today announced a 10 percent reduction in tuition and fees at the college for the coming academic year, unparalleled in the world of selective liberal arts education.
