1) How do I apply for financial assistance?
Your CTS Application for Admission serves as your application for CTS merit scholarships with the exceptions of The Discipleship Project and the Saltsburg Scholarship.
Applying for the Discipleship Project
Please see the Discipleship Project web page.
You must complete the Free Application for Federal Student Aid (FAFSA ) to apply for CTS Grant Programs, the Federal Work-Study Program and the Federal Direct Loan Program.
Application Priority Deadlines
(new and returning students) – FAFSA
must be received by Federal processor on or before April 1, prior to fall semester.
(new students) – FAFSA
must be received by Federal processor on or before October 1, prior to spring semester.
2) How will I find out what financial aid I can receive?
You will receive a Financial Aid Award Notification Letter from the CTS Financial Aid Office which lists all types and amounts of aid you have been awarded for attendance at CTS.
If you have not previously attended CTS, you will receive your Award Notification via the U.S. Postal Service. This award notification cannot be sent until you have been accepted into a CTS Degree Program.
If you are a returning CTS student, you will receive an e-mail notification sent to your CTS e-mail stating that your award can be viewed on “Inside CTS”.
3) Do I need to take action to receive the awards listed on my Award Notification?
If you are a first time recipient of a CTS Scholarship you must accept and return the scholarship Acceptance Letter. Otherwise you are not required to accept CTS Scholarships or Grants.
You must complete and return the Federal Direct Loan Request Form each
time you wish to borrow additional funds from the Federal Direct Student Loan Program. The Loan Request Form must be received in order for the Financial Aid Office to defer your tuition and fee charges based on expected proceeds from the loan.
CTS SCHOLARSHIP & GRANT QUESTIONS
4) What is the difference between scholarships and grants?
Both scholarships and grants are funds that do not require repayment. Scholarships are awarded based on merit while grants are awarded based on financial need.
5) What charges can be paid by my CTS Scholarship?
CTS scholarships pay CTS tuition charges. They do not pay for fees (technology fee, student association fees, counseling practicum fees, CPE hospital fees, etc.). Scholarship stipends may be used to pay fee charges.
Tuition for coursework required by external bodies, including denominational formation programs is not covered by CTS scholarships when that coursework is taken at other institutions.
6) When will scholarships and grant be disbursed?
Scholarships and grants will be applied to your Business Office account on the first day of the semester. Scholarship stipend refunds will be available after the first week of class. Refunds are disbursed via check and will be mailed to your home address. You may send a written request (e-mal) to the Business Office requesting that your check be placed in your student mailbox.
7) How much should I borrow?
The amount of loan funds listed on you Award Notification is the maximum amount which you may borrow. It is recommended that you borrow as little as possible as all graduate loans are unsubsidized and you are responsible for all interest that accrues on the loan while you are attending CTS and during deferment and forbearance periods as well during repayment periods.
8) When will my loan disburse?
Loans for the academic year (both fall and spring semesters) will be disbursed to CTS as follows:
½ Fall Semester on the Friday after the end of the 100% drop/add period (first week of classes) and ½ Spring Semester on the Friday after the end of the 100% drop/add period (first week of classes). Your disbursements will be credited to your Business Office account and used to pay any unpaid tuition and fee charges each semester.
If there are remaining funds after these charges have been deducted, you will receive a cash balance refund check from the Business Office. Federal regulations give the business office 14 days from disbursement to return these funds to you. The CTS Business Office strives to get these funds to you as soon as possible.
Refunds are disbursed via check and will be mailed to your home address. You may send a written request (e-mal) to the Business Office requesting that your check be placed in your student mailbox.