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What is CTS grant-in-aid and how is it calculated?

April 26, 2017calculated CTS grant-in-aid

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What is CTS grant-in-aid and how is it calculated?

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CTS grant-in-aid is the financial aid you receive from the seminary to offset a portion of your tuition (max. for 2009-10 is 55% tuition). Each quarter, you will receive grant-in-aid based on your Expected Family Contribution [EFC] as a percentage of your Cost of Attendance [COA]. You can use the calculator provided here to see what percent of your tuition will be covered by CTS grant-in-aid. Approximately 75% of our students qualify for the maximum percentage of 55%. Please note: Home congregation support, District support, all outside scholarships and Student Adoption Program gifts are applied to your student account in addition to your CTS grant-in-aid. We urge you to be aggressive and apply for every scholarship possible. If you do not know your EFC and would like to obtain an estimated EFC, you can visit the College Board EFC Calculator and receive a free estimate. Please use the Federal Methodology (FM) for best results.