All admitted students are eligible to apply for AMBS financial aid. Aid is distributed according to demonstrated financial need, with higher amounts of aid given to students with greater need.
Note: Need-based financial aid is still available for incoming students.
Mennonite students and international students studying full time (at least nine hours per semester) are eligible for AMBS grants of up to 50 percent of tuition. Other full-time students qualify for grants of up to 30 percent of tuition. Visit the scholarships page for more information.
Full-time, admitted students may also receive dollar-for-dollar matching grants of up to $1,000 per year ($500 per term; maximum of two terms). AMBS financial aid, including matching grants, will not exceed the cost of a student's tuition for the semester. Find out more by downloading and completing a Church Partnership Form (PDF).
MDiv Connect students
MDiv Connect students taking at least 12 credit hours per academic year will be deemed “intended pace” and considered full-time for need-based financial aid purposes. Students will be required to enroll for the whole academic year at the beginning of the first semester (following consultation with their academic advisor). Intended pace financial aid can be applied for a maximum of six academic years.
If at any point during the academic year the student lowers his or her registration below 12 credit hours, the financial aid award amount will be adjusted to the lesser part-time rate for all classes beginning that semester and subsequent semesters during that academic year.
Admitted students taking fewer than nine hours per semester receive half the amount of financial aid they would if they were full-time students. They should download and complete a Church Partnership Form (PDF) to determine whether they are eligible to receive a 25 percent matching grant up to a maximum of $125 per term for a maximum of two terms.
Interterm and Summer
Students get the same level of aid for intensive courses during Interterm and Summer that they receive during the previous semester. For example, if students taking nine hours or more in the fall semester move to less than full-time in spring semester, they will receive the full level of aid for Interterm just as they did during fall, and they will receive the reduced level of aid from spring semester for summer courses.
- Apply for aid each year using the financial aid application.
(Note: Prospective students have 30 days from their admission date to apply for financial aid. Returning students must turn in their financial aid applications by April 15 each year for the following academic year.)
- Maintain a satisfactory academic standard (minimum GPA of 2.5)
- Write notes or letters of appreciation to the donors of the funds if requested to do so. AMBS financial aid comes from a variety of sources, including gifts from churches and individual donors. Acknowledging their generosity helps ensure good relations with our supporters and builds good will toward the seminary.
Effects of financial aid on U.S. Income Tax
The U.S. Internal Revenue Code states that individuals who are candidates for a degree may exclude scholarship income from their gross income. This is true as long as the amount excluded does not exceed the cost of tuition, fees, books and supplies required for the student's course of study. Any payment for which services are required is taxable. This could include student assistantships and on-campus jobs. (Ref: TITLE 26, Subtitle A, CHAPTER 1, Subchapter B, PART III, Sec. 117). Students should consult their tax advisers for details.