FINANCIAL INFORMATION

SUMMARY OF FEES

* Tuition does not reflect costs incurred for textbooks and other supplies.
** Students taking no more than 1-hour audit per semester are exempt from the Student Resource Fee.

EXPLANATION OF FEES

TUITION: Tuition and student fees are established by the Salt Lake Theological Seminary Board of Trustees and are subject to change without notice. Tuition is charged by the credit hour according to the Graduate, Certificate or Audit rate. All tuition and fees are due in full by the first class meeting unless an Installment Plan has been arranged in advance.

REGISTRATION FEE: At the beginning of each semester or course, all students must pay a non-refundable registration fee according to the Graduate or Certificate rate. Students who register after the published registration deadline for that semester or course will be subject to a late registration fee

STUDENT RESOURCE FEE: At the beginning of each fall and spring semester or course, students must pay a non-refundable resource fee according to the Graduate or Certificate rate. This fee covers parking, library use, student lounge and kitchen, Orientation, Academic Catalog, classroom visual aid equipment, and 16PF Assessment and unlimited use of the Marriott Library for graduate students. The portion of the graduate student resource fee that pays for the 16PF Assessment and Marriott Library card may be refunded to the student if the student withdraws within two weeks of the start of the semester.

ONE-TIME ENROLLMENT APPLICATION FEE: This fee, corresponding to the Graduate or Certificate rate, must accompany the Enrollment Application for a student to be considered for admission into the program for which his/her are applying.

INSTALLMENT PLAN FEE: The seminary offers a Student Installment Payment Plan to qualified students. Approved students must pay fees and book costs prior to the first class but can make arrangements to defer the tuition balance.

COURSE CHANGE FEE: Students may drop courses, add courses, change the number of credits in a variable credit hour course, or change from credit to audit, or audit to credit. Students will also be responsible to pay any increased tuition and other fees incurred in the change.

COURSE EXTENSION FEE: A fee is charged per each request for extension of time to complete the course.

TRANSCRIPT FEE: A fee will be charged for every official transcript requested to be sent to an individual or institution.

SYLLABUS FEE: A fee will be charged for every course syllabus requested to be sent to an individual or institution. The fee for multiple syllabi shall not exceed $25.00.

16PF ASSESSMENT RESCHEDULING FEE: Graduate students who are required to take the 16PF Assessment in conjunction with Orientation will be penalized $25.00 each time they fail to keep their assessment appointment and must reschedule.

PAYMENT

PAYMENT OF TUITION AND FEES: Students are expected to pay all fees and tuition prior to the first class session of each semester. Payment may be made by cash, check, Visa, MasterCard, American Express, Diners Club or Discover Card. Checks should be written for the exact amount due. A service fee of $15 is charged on all returned checks. Students whose tuition and fees are being paid by another organization or agency must bring or activate their tuition voucher to register. Eligible students may make tuition payments based on an installment plan arranged in advance with the accountant as outlined in the Installment Plan portion of the Academic Catalog. Students must pay all tuition and fees for a current semester prior to registering for the next semester of classes.

REFUND POLICY: This policy includes a three-business-day cooling-off period, commencing with the day a Course Registration is submitted by the registrant, or an initial deposit, or payment toward tuition and fees to the institution is made, until midnight of the third business day following such date, or from the date that the student first visits the institution, whichever is later, during which time the contract may be rescinded and all monies paid refunded. Evidence of personal appearance at the institution or deposit of a written statement of withdrawal for delivery by mail or other means shall be deemed as meeting the terms of the holding period.

After the three-business-day cooling-off period the withdrawn or dismissed student shall be refunded, within thirty days of his/her discontinuing, a percentage of all tuition paid over and above a non-refundable registration fee not to exceed $200 or an alternative amount that the institution can demonstrate to have been expended in undertaking that particular student's instruction.

The balance due the student, over and above the non-refundable registration fee will be calculated using the following schedule:

Money paid for books and class materials is non-refundable

PRO-RATA REFUND POLICY FOR STUDENTS RECEIVING VA EDUCATIONAL BENEFITS: In the event that a student eligible for VA education benefits enrolls, pays tuition and then fails to enter the program or withdraws or is discontinued any time prior to completion, Salt Lake Theological Seminary will refund the amount charged to the student for tuition and other fees for a portion of the course that shall not exceed the approximate pro-rata charges that the length of the completed portion of the course bears to the total length. The student who discontinues will thus receive a pro-rata refund of the total tuition and fees paid but not used, minus the cost of materials used, except that $10 of the initial registration is not subject to proration.

INSTALLMENT PLAN: All fees and textbook costs must be paid by the student prior to the first class session and are non-refundable. Eligible students may arrange with the accountant to make tuition payments in a series of installments. Students must fill out a Student Installment Payment Plan form accompanied by the appropriate fee.

NON-PAYMENT: Salt Lake Theological Seminary will withhold a student's Certificate, Diploma, or Degree until all outstanding tuition and applicable fees are paid in full.

SURETY COMPLIANCE: Salt Lake Theological Seminary maintains a surety with the State of Utah of Commerce Consumer Protection Division for the amount of $25,000.

FINANCIAL AID

A limited amount of financial aid may be available for students who, without such assistance, would be unable to benefit from the education offered by the seminary.

While the seminary emphasizes the responsibility of the student, the student’s family, and/or the student’s church to provide the primary source of funds, those who need assistance may be eligible for the following sources of aid:

PAYMENT PLAN: The seminary offers a Student Installment Payment Plan to qualified students. Approved students can pay fees and book costs prior to the first class and make arrangements to defer the balance. A fee is required.

SCHOLARSHIPS: A limited amount of scholarship money may be available to students following matriculation into an academic program. Students in need should fill out a Financial Aid Application available at the seminary office or online and submit it prior to the deadlines published in the 2007-2008 Calendar of Important Dates. Preference will be given to students matriculated in graduate programs, students attending full time, and students who have completed at least half of the courses required for their degree. Ministry goals and GPA are also considerations in awarding this scholarship.

VOLUNTEER PROGRAM: Tuition discounts toward credit or audit courses may be available for students serving as a Salt Lake Theological Seminary volunteers.

VETERANS EDUCATIONAL BENEFITS: Students who qualify for Veterans educational benefits must be formally enrolled in a graduate course of study and are encouraged to contact 1-888-442-4551 or www.gibill.va.gov with questions about their eligibility. Salt Lake Theological Seminary’s Master of Divinity and Master of Arts programs are approved by the Utah State Approving Agency for veterans educational benefits under the terms of the Montgomery G.I. Bill (Chapter 30), Selected Reserve (Chapter 1606), Reserve Education Assistance Program (REAP Chapter 1607) Veterans Educational Assistance Program (Chapter 32), and Survivors’ and Dependants’ Educational Assistance Program (Chapter 35). In addition, the U.S. Department of Veterans Affairs may approve a graduate level academic program at Salt Lake Theological Seminary for veterans who are eligible for Vocational Rehabilitation (Chapter 31).

TUITION EXEMPTIONS: Exemption does not apply to Registration fees, Resource fees, or textbooks. The following individuals may qualify:

• The spouse of a student taking Salt Lake Theological Seminary course work for credit may take one audit course per semester with full tuition exemption, or receive a 40% tuition deduction on credit courses taken up to the same number of credit hours for which their spouse is enrolled.
• Currently enrolled full-time university or college students with a current ID may receive a 50% tuition deduction on Certificate courses taken for credit plus current fees.
• Utah residents 62 years of age or older may audit a class for 50% of the current tuition price plus current fees.

FINANCIAL AID FORMS

Financial Aid Application (MS-Word)
Financial Aid Application (rtf)
Schedule A - Family Member Listing