Loan for Theological Studies – Presbyterian Church U.S.A.

Loan for Theological Studies – Presbyterian Church U.S.A.

Deadline: August 15

Theological students who are preparing for church occupations may be eligible for loans for the Presbyterian Church (U.S.A.).  Applicants must be:

  • U.S. Citizenship or Permanent Resident status.
  • Member of a Presbyterian Church (U.S.A.)
    • Enrolled as an Inquirer or Candidate for Ordination by a PC (U.S.A.) Presbytery
  • Pursuing a first professional degree in preparation for a church occupation (MDiv and/or MACE)
  • Demonstrate educational cost to justify the loan based on federal methodology – Must complete FAFSA
  • Be making satisfactory progress toward a degree
  • Demonstrate financial reliability
    • Have less than $38,000 of education debt

Inquirers may borrow up to $3,000 through the first two years of seminary.  To continue borrowing the student must be a candidate by the third or final year.  Candidates may borrow $3,000 in the first year, and $6,000 in the second and third year.  Total loan may not exceed $15,000, including any loans from PCUSA’s other student loan programs.

PCUSA members who are not Inquirer’s or Candidates may be eligible for loans from the Undergraduate/Graduate loan program.  Borrowers in the Undergraduate/Graduate loan program are required to have a co-signer.  Loan caps for graduate studies in the Undergraduate/Graduate loan program are customized for each student by PCUSA.  Loan amounts may not exceed $5,000 per academic year.

Click here for more information.

(2/7/17)

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