Financial Aid Information

The OpenseminaryTM program is designed to strengthen the ministries of local churches. This takes place not just when student-learners graduate, but throughout the program. Thus, churches have a vested interest in supporting men and women who pursue this degree, and students are encouraged to seek financial support from their churches.  We also offer a Group Discount Policy:

Group Discount Policy

Starting July 1, 2014 students enrolling as a group from a church or organization may take advantage of the following group discount.

Tier 1       3-5 students from the same church/organization               8% discount

Tier 2       6 or more students from the same church/organization   12% discount

* discount rate is applied to regular per module tuition rate.

In addition, students in this program have access to federal Stafford loans, which may be applied not just to tuition but to other program expenses, including travel, room, and board during the residency periods. In the awarding of financial aid, the Seminary does not discriminate on the basis of race, national or ethnic origin, gender, or denominational affiliation.
  1. Apply for a Personal Identification Number (PIN) at This PIN will serve as your electronic signature.
  2. Go to to complete your FAFSA for the appropriate year on-line. Use your PIN number to "sign your FAFSA on the web". The school is 003259 (Eastern University).
  3. Visit to complete both the Stafford Loan Master Promissory Note and Entrance Counseling.

You will receive an award letter that details your Financial Aid eligibility. In order to be eligible for any type of Financial Aid, you must be fully enrolled in a degree program taking at least 4 units per semester (for Masters students) or 1 unit per semester (for Doctoral students).

Questions can be addressed to the Financial Aid Office at 610-225-5102 or


Effective July 1, 2012, Federal direct Stafford Loan eligibility will be changing. Graduate students pursuing a Master's degree or Post-Graduate students pursuing a Doctorate degree will no longer qualify for Subsidized funding. Federal Direct Stafford Loans will be available for the same annual limit of $20,500; however, the amount will be limited to Unsubsidized funds only.

Federal Direct Stafford Loans can be awarded to eligible students enrolled in the Fall and Spring semesters only.

Repayment begins six months after graduation or after the student drops below half-time enrollment status. The maximum term is ten years and the minimum payment is $50. The aggregate lifetime loan limit in the Federal Stafford Loan program is $138,500 (no more than $65,500 of which can be subsidized).

Unsubsidized Federal Stafford Loans

An Unsubsidized Federal Stafford Loan is the same as the Subsidized Federal Stafford loan, EXCEPT that the interest is not paid for you while you are enrolled. This means that the student is responsible to pay the interest on the loan while the student is enrolled in school. Repayment of both principal and interest begins six months after you cease to be enrolled at least half-time.

As noted above, students applying for Federal Stafford loans or Federal Work-Study must complete the Free Application for Federal Student Aid (FAFSA), as well as both the Stafford Loan Master Promissory Note and Entrance Counseling.

For more information or to file electronically, go to The FAFSA code for Palmer Seminary (the Seminary of Eastern University) is 003259.


To be eligible for the Federal Direct Loan Program, "the student must be enrolled or accepted for enrollment in a degree, certificate, or other program leading to a recognized educational credential at an approved educational institution." The student must be carrying at least 4 units per semester. (PHEAA Guidelines Manual, LG-II4-04)

In addition a student must:

A. Demonstrate financial need, as defined by individual program requirements.
B. Maintain satisfactory academic progress as determined by the Seminary (See policy, pg 12).
C. Not be in default on Perkins, Stafford (GSL), PLUS, SLS loans at any institution.
D. Be a citizen, national, permanent resident or other eligible non-citizen.
E. If required, register with the Selective Service.
F. Not have borrowed in excess of loan limits.