Denver Seminary

2020-2021 Academic Catalog

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32 APPLICATION Applying for financial aid begins with completing a Free Application for Federal Student Aid (FAFSA) and/or a scholarship application. Free Application for Federal Student Aid (FAFSA) The FAFSA determines eligibility for federal loans, federal work study, seminary grants and/or need- based scholarships, and must be completed on an annual basis. With the exception of international students and recipients of veterans educational benefits, any student who wishes to receive Direct Loans or Work study should complete a FAFSA each academic year at https://studentaid.ed.gov/sa/fafsa. Denver Seminary's federal code is 001352. Students should allow at least one week for a copy of the FAFSA to be received by the Financial Aid Office. Starting in December of each year, online award letters will be made available to students within two weeks of when the FAFSA is submitted. The FAFSA must be renewed each academic year. Scholarship Application The general scholarship application is found online at: https://denverseminary.edu/admissions/financial- aid/scholarships-grants-and-discounts/. There are 3 general deadlines and students are encouraged to apply early each year to be eligible for the maximum amount of scholarships. The early deadline is March 1 st , the general deadline is May 1 st and the late deadline is July 1 st . Any awards given would take effect for the following Fall. Only completed applications will be reviewed. To have your application complete, you must have been admitted to Denver Seminary and have fully completed the Scholarship Application. Some scholarships automatically renew each year (subject to continued donor giving). If the scholarship renews, no new application is needed. However, all students are encouraged to apply each year to receive the maximum scholarship benefit to them. The scholarship guide is the most up to date listing of all scholarships currently available and is found here: https://denverseminary.edu/admissions/financial- aid/financial-aid-resources-and-forms/. Additional Steps Students who accept a student loan offer for the first time at Denver Seminary must also complete entrance counseling and a master promissory note (MPN) at www.studentloans.gov. Both documents are valid for up to ten years, and thus generally do not need to be completed again. These documents need to be completed no later than ten days prior to the start of the semester if a loan is needed to cover tuition and fees, as the student needs to have all requirements completed by the payment deadline (typically ten business days before the start of the semester). Scholarship recipients must also submit a thank you letter and picture to the Financial Aid Office each academic year that a scholarship, grant and/or tuition discount is received. Content requirements and deadlines will be linked on the student portal. AWARDING AND DISBURSING AID Scholarship Committee Beginning each year in April, the scholarship committee (made up of staff and faculty from across the Seminary) meet to review eligible applications and award scholarships. All students who complete a scholarship application and are eligible will receive an email each time the committee meets to let them know about the upcoming meeting. Only applicants who complete their application by the deadline will be considered. Applications are reviewed per scholarship and awarded based on how well they meet the scholarship requirements and how they compare to all other applications for a specific scholarship. If awarded a scholarship, the student will receive an email notification to their Denver Seminary student email and it will be added to their Award letter by the end of the week that the committee meeting occurs.

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