Issue link: http://denverseminary.uberflip.com/i/137527
Tuition Discounts Unlike grants and scholarships, tuition discounts are not competitive. The discount will be awarded if the applicant qualifies. Like grants and scholarships, discounts are subject to the terms and conditions listed at the end of this section. Campus Crusade for Christ Discount A tuition discount for students who are full-time employees of Campus Crusade for Christ in the Great Plains region. Church Partnership Discount A ten percent tuition discount available to students who have church sponsorship of forty percent or more of the student's tuition. Recipients must register for at least twelve semester hours. Spouse Half-Tuition Discount A 50 percent tuition discount available to spouses of full-time students. Both the student and spouse must be attending Denver Seminary concurrently and be enrolled in master's-level courses, with the discount applied to the spouse at the lesser amount of credits. It is not necessary for the spouse receiving the discount to be enrolled in a degree program. External Scholarships External scholarship resources, including scholarship search engines, can be found on the grants and scholarships page at www.denverseminary.edu/financialaid. Federal Loans All student loan borrowers are encouraged to educate themselves on proper loan management prior to applying for loans. The loan management page is designed to help students consider all aspects of debt management including, but not limited to: (1) average anticipated salaries, (2) recommended debt-toincome ratios, (3) estimated monthly payments, (4) various repayment plan options. Borrowers with high aggregate student loan debt (typically $40,000 or more) will be requested to develop a financial plan with the Financial Aid Office by completing a budget worksheet and possibly also meeting with a financial aid counselor. Borrowers are encouraged to regularly monitor the National Student Loan Data System (www.nslds.ed.gov) and the Federal Student Loan Servicing site (www.myedaccount.com) to ensure upto-date awareness and accuracy of their loan details. Direct Unsubsidized Loans Upon the termination of the subsidized portion of the federal student loan program at the graduate level in 2011, the unsubsidized portion is now the primary student loan program available. Currently steady at a 6.8 percent fixed interest rate, the $20,500 annual limit remains unchanged. Additional details include: (1) 1.0 percent origination fee (withdrawn by lender prior to disbursement), (2) payments deferred while enrolled at least half-time (five credits per semester), (3) no prepayment penalties, (4) six-month repayment grace period upon leaving school or dropping below half-time. Completion of the FAFSA begins the application process. Note: Denver Seminary does not offer the full $20,500 on the initial award letter but offers just enough to cover tuition and fees, but then provides instructions on how to request additional funds to assist with books and/or living expenses. 36