Types of Aid

North Park offers a full array of financial aid options to enable students to pursue theological education in preparation for vocational Christian ministry.  Tuition is kept low, compared to other graduate programs, through the support of the Evangelical Covenant Church, the institutional endowment, and generous annual donors.

All students interested in Seminary financial aid must complete an institutional application. 

Students interested in borrowing federal loans must also file the FAFSA.  001735 is North Park's school code.

Kern Scholarship

This scholarship, available for the 2010-2011 academic year, covers full tuition, is available to students enrolled in the M.Div program.  Applicants must have and maintain a 3.25 GPA, be 27 years old or younger (at the time of application), be a U.S. Citizen, have a vocational call to ministry in the U.S., and earn their degree within three years.  Additional application is required. Application deadline is March 1, 2010.

Scholarships for students entering during the 2010-2011 academic year

• Presidential Scholarship This scholarship, which covers full tuition, is available to members of the Evangelical Covenant Church who have an intention and openness to serve in the Evangelical Covenant Church.  Academic records, references, and other criteria will be reviewed in addition to the scholarship application.  Students must maintain a 3.0 GPA and full time enrollment.  This scholarship does not cover the community service fee, insurance, or other routine fees that may be charged.
• Covenant Diversity Scholarship Covenant students of various backgrounds may be eligible for this scholarship, which covers full tuition.  An additional application is required.
• Nyvall Scholarship Students with a previous GPA of 3.7 are eligible for a 10% tuition discount.  Students must maintain a 3.0 GPA and full time enrollment.
• Lund Scholarship Students with a previous GPA of 3.3 are eligible for a 5% tuition discount.  A 3.0 GPA and full time enrollment must be maintained.
• UMin Alumni Scholarship Students who are admitted into a Seminary degree program and are enrolled full time who spent at least two years participating in University Ministries programs may be eligible for this $5000 scholarship.  Additional application required.

Outside Scholarship Opportunities

• New Life Church of Chicago Annual Scholarship Program
  This $2000 scholarship is available to Korean American and other ethnic minorities who have completed at least eight credit hours and maintained a 3.0 GPA.  Children of pastors or missionaries currently enrolled for at least 15 completed college/graduate school credit hours and a 3.0 GPA are also encouraged to apply.  Applications can be obtained from the church.

Grants for students entering during the 2009-2010 academic year

• Grants-in-Aid
  Need-based tuition discount of up to 25% for those who qualify
• Spousal Grant
  Spouses of full time Seminary students receive a 50% tuition discount for Seminary courses and can audit courses for free.
• Parachurch Grant
  Full time staff members at Young Life and InterVarsity Christian Fellowship may be eligible for this grant.  Amount varies.
• Covenant Institutions Grant
  Full-time employees and their immediate dependent family members from Covenant Ministries of Benevolence or Covenant Offices may be eligible for this grant.  Amount varies.