Loans

TEDS offers a world-class seminary education with a variety of degree options meant to prepare you for carrying out God’s redemptive work in the world. We strive to offer a generous scholarship and financial aid program.

Federal Funding & Loans

Loans are financial aid that must be paid back within a certain amount of time after a student graduates or falls below half-time enrollment. We participate in several federal loan programs.

Federal Direct Loan

The Federal William D. Ford Direct Loan is a low-interest loan that students take out on their own behalf. The FAFSA must be completed in order to be eligible. The interest rate is fixed at 6.59%. This program allows students to borrow loan funds directly from the Federal Government, including both Direct Loans and Direct Graduate PLUS loans. Repayment begins 6 months after graduation or if the student drops below half time. The Federal Government requires all new, first-time loan borrowers to complete Loan Entrance Counseling and a Master Promissory Note online. Go to studentaid.gov >>

Federal Direct Graduate PLUS Loan

The Federal Direct Graduate PLUS loan is a low-interest loan that graduate students can take out on their own behalf. The FAFSA must be completed in order to be eligible. The interest rate is fixed at 7.6%. Repayment begins within sixty days after the loan is disbursed or may be deferred until six months after the student graduates or drops below half-time status. Go to studentaid.gov >>

Private Loans

This is a variable rate loan that students take out on their own behalf. This loan requires a credit check and generally, a cosigner. Interest rates vary depending on the lender. Please note that an alternative loan should be considered a loan of last resort. You may qualify for Title IV loans (Perkins loans, William D. Ford Direct or Direct Plus) and should first explore these options before seeking an alternative/private education loan. Private loans should be considered a last resort. More About Loans >>

Financial Aid

At TEDS, nearly 95% of our students receive some form of financial aid. At Trinity we offer scholarships, grants, rebates, and other aid options to help pay for the cost of schooling. Learn more about what is available below or by contacting the Financial Aid Office at [email protected].

Speak with a counselor

Choosing the right school is an important step on your educational journey. Our team is here to help! We want to make the process of learning about Trinity’s programs, degrees and admissions process as hassle-free as possible.

Request Information

Combining unrivaled academic rigor with a wholehearted commitment to gospel fidelity and an abundance of flexible options, TEDS offers a theological education that equips you to serve Christ with wisdom and grace, in truth and love.