2022-2023 Student Handbook
38
Financial Aid
Financial Aid Office
The goal of the Financial Aid Office is to remove financial barriers to help students pursue their calling.
Additional information, including tuition and fees, can be found on the financial aid section of the Denver
Seminary website.
Contact Information:
Phone: 303-762-6972, or 800-922-3040 ext. 1232
Email: financialaid@denverseminary.edu
Eligibility
Most students must meet the following criteria to become eligible for financial aid:
• Students must be accepted into a degree program pursuing their first degree at Denver Seminary.
Certificate students have limited eligibility for Scholarships. Only Graduate Certificate students are
eligible for federal loans (Certificate of Completion students are not eligible). Students need to
complete the FAFSA (www.fafsa.gov) each academic year. International students are not eligible
to complete a FAFSA and are exempt from this step.
• Students need to be enrolled at least half-time each semester. Most, but not all, scholarships
require 9 credit hours for Residential students and 6 credit hours for Global students. Students will
be required to return at least a portion of their award(s) if any courses required for financial aid
eligibility are dropped or not completed with passing grades.
Loan Enrollment Status Definitions
Program Full-time Half-time
MA and MDiv 6 credits 3 credits
ThM and
Global
6 credits 3 credits
DMin 3 credits 2 credits
• Students are required to maintain Satisfactory Academic Progress (SAP), a minimum 2.0 cumulative
GPA (2.75 for certain programs) and successful completion of two-thirds of all attempted courses.
Students who do not maintain eligibility may be required to return federal loan funds that were
disbursed and may lose eligibility for all institutional aid. Students who fail to maintain SAP will
have one semester of probation for federal loans while they attempt to regain SAP, during which
they will maintain full eligibility for loans. If SAP is not regained after the probationary period, all
aid eligibility will be lost until SAP is regained.
• Eligibility for need-based awards is calculated using the Expected Family Contribution (EFC) from
the FAFSA and the estimated Cost of Attendance budget set by the Financial Aid Office.