General Information

Claremont School of Theology strives to make theological education affordable through its financial aid program. Claremont provides aid in three ways: scholarships, loans and employment opportunities. These funds should supplement your efforts to finance your education, as Claremont cannot take primary responsibility for your financial needs.

Each year you must reapply for financial aid for the next school year. Complete a Free Application for Federal Student Aid (FAFSA) which is available online at www.fafsa.ed.gov. Be sure to include our school code (Title IV coded) G01288.

Please note: When filing your FAFSA you will be asked if you would like your taxes attached to your FAFSA using the IRS Data Retrieval System. It is suggested that you attach them in order to reduce the chances of being chosen for verification. If you are chosen for verification, you will need to submit to the IRS a request for a Tax Transcript. This could delay processing Financial Aid.

In order to be considered for financial aid, you must:

  • Be a U.S. citizen or an eligible non-citizen;
  • Be working toward a degree;
  • Be registered with Selective Service;
  • Be making satisfactory academic progress;
  • Not be in default or owe a refund on a federal grant or federal loan;
  • Be enrolled at least half-time (6 units per semester);
  • Not have loans in excess of the aggregate limits of the aid programs;
  • Not be disqualified based on a conviction for a drug-related offense while you were enrolled in school and receiving federal student aid
Federal “Return of Title IV Funds” (R2T4) formula dictates the amount of Federal Title IV aid that must be returned to the federal government by the student and the school if the student withdraws. The withdrawal date for calculating R2T4 will be determined as the date the student officially withdraws per CST’s procedures.

For determining the percentage of Title IV aid to be returned to the DOE, the number of calendar days remaining in the semester is divided by the number of calendar days in the semester.  Schedule class breaks of five consecutive days are excluded. If a student withdraws after the 60% point in the semester, the student will have earned all of their financial aid and there will be no liability by the student or CST.

Type of Title IV financial aid included in Title IV refunds are the Federal Direct Student Loans for Graduate/Professional Students.  Refunds are allocated in the following order: Unsubsidized Federal Stafford Loan and Federal (PLUS) Loan. Online Return of Title IV (R2T4) Worksheets are used to determine the amount of the refund of Title IV aid. Worksheets are available upon request from the Financial Aid Office.

Outside Scholarships

There are a multitude of scholarships available for students willing to do the research. We’ve listed here some helpful websites and a list of scholarship opportunities that match many in our student body. Every scholarship reduces student debt, and many scholarships go unused every year. We encourage students to research every opportunity available and counsel students to consider the following:

  1. Actively and earnestly search and apply for private scholarships
  2. Inquire about scholarships within communities – religious, organizational, denominational, etc.
  3. Never pay to apply for scholarships
  4. Seek essay writing assistance from our writing center
  5. Find reliable, capable and conscientious people to write letters of recommendation

Helpful Websites:
http://studentaid.ed.gov
http://www.fastweb.com
http://www.collegeboard.org
http://www.nasfaa.org
http://www.finaid.org

Funds secured from outside Claremont School of Theology are applied directly to student’s accounts upon receipt of appropriate documentation. This includes a letter indicating the recipient’s name, the value of the scholarship in US dollars, the time frame the scholarship is available, as well as any other pertinent terms governing the allocation and distribution of the funds.

Religious Community Scholarships

Inter-Religious Scholarships
Students are encouraged to contact their religious communities for potential scholarships. Oftentimes, local churches, mosques and temples support students through special offerings, discretionary funds, and book grants. Additionally, students should explore scholarship opportunities beyond their local congregations – including district, conference, and national offices. Listed here are websites that may help students get started.

Ethnic Student Scholarships

Students are encouraged to search for scholarships within multiple community affiliations. The list below is provided according to assist students in getting started. It is in no way intended to be exhaustive.