Ministerial Loan Grant Resources for Applying

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Determine your Wesleyan Ministerial Loan Grant Eligibility

 

1. Are you seeking funding for your ministerial studies at an eligible institution?

Eligible Wesleyan Colleges and Universities

  • Houghton University
  • Indiana Wesleyan University
  • Kingswood University
  • Oklahoma Wesleyan University
  • Southern Wesleyan University

Eligible Seminaries

  • Wesley Seminary
  • Asbury Theological Seminary
  • Azusa Pacific University Haggard School of Theology
  • Evangelical Seminary @Kairos
  • Portland Seminary at George Fox
  • Nazarene Theological Seminary
  • Northeastern Seminary
  • Tyndale Seminary
  • Wesley Biblical Seminary

If you are NOT seeking funding for your undergraduate studies at one of the Wesleyan colleges or universities, you are NOT eligible. Stop here.

*If you are NOT seeking funding for your graduate studies at one of these seminaries, you are may still be eligible. Go to #2. If you are seeking funding for your studies at one of these institutions. please continue to #2.

2. Do you have the required district Credentials? You must hold one of the following credentials from your district in The Wesleyan Church in the North American General Conference:

  • Are you a Ministerial Student? If yes, continue to #3
  • Are you a Licensed Minister? If yes, continue to #4
  • Are you an Ordained Minister? If yes, continue to #4
  • I do not know. Contact your district to determine your credentialing.
  • None of these – You are not eligible. Stop here.

3. Have you enrolled with the Division of Education and Clergy Development?

  • Yes, I have enrolled. Continue to #4
  • I do not know. E-mail us at education@wesleyan.org to confirm
  • No. Please enroll at HERE. Then continue to #4

4. Are you seeking funding for an undergraduate or graduate degree?

  • I am seeking funding for a undergraduate degree. Continue to #5
  • I am seeking funding for a graduate degree. Continue to #6
  • I am not seeking funding for either of these degrees. You are not eligible. Stop here.

5. Do you meet ALL of the following undergraduate academic requirements

  • Do you have a minimum GPA of 2.0 on a 4.0 scale (check with your institution’s registrar office)?
  • Are you in a Wesleyan ordination track degree program at your Wesleyan institution.  Approved ordination track degree programs can be found HERE
  • Have you accumulated 90 credit hours (check with your institution’s registrar office)?

If you can answer “Yes” to all three of these requirements, continue to #7. If you answered “No” to any of these questions, you are not eligible. Stop here.

6. Do you meet ALL of the following graduate academic requirements

  • Do you have a minimum GPA of 2.0?
  • Are you in a ministry degree program at your Wesleyan institution?
  • Have you completed the first half of your program? (36 hours for MDIV or 24 for MA Pastoral Ministry)

If you can answer “Yes” to both of these requirements, continue to #7. If you answered “No” to any of these questions, you are not eligible.

7. Determine desire and intention. Is it your desire and intention to serve under appointment by one of the districts of the United States or Canada of The Wesleyan Church?

  • If you can answer “Yes” to this question, you are eligible to apply.
  • If you cannot answer “Yes” to this question, you are NOT eligible

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*Possible eligibility at a non-approved seminary. A student enrolled at seminaries other than those approved for Wesleyan ministerial students through Education and Clergy Development may receive loan/grants or grants subject to the same conditions as other students provided the following requirements are also met:

  • The student is enrolled with Education and Clergy Development (unless ordained).
  • The student submits to Education and Clergy Development reasons for attending the non-approved seminary.
  • The institution is accredited by the proper accrediting association.
  • The student’s district board of ministerial development approves his/her attendance at the non-approved seminary.
  • The student’s attendance at the non-approved seminary is approved by the Executive Director of Education and Clergy Development and the General Superintendent.
Applying for the Wesleyan Ministerial Loan-Grant
Students are encouraged to 1) Determine their eligibility (see relevant section) and 2) Consider the repayment and cancellation policy (see relevant section) before applying for the Loan-Grant. Once a student has considered this, they may apply for the Loan-Grant.

  • Applications for FALL semester must be received by September 15th.  Applications for Spring semester must be received by January 15th.

As part of the application, you are required to complete a Financial Wisdom requirement.  More info about this can be found under the additional resources section on this page.  You will be asked to certify completion of this requirement when applying.

 

Solicitud para el Préstamo-Subvención Ministerial Wesleyana
Se anima a los estudiantes a 1) Determinar su elegibilidad (ver la sección correspondiente) y 2) Considerar la política de reembolso y cancelación (ver la sección correspondiente) antes de solicitar el Préstamo-Subvención. Una vez que el estudiante haya considerado esto, puede solicitar el Préstamo-Subvención. Las aplicaciones para el semestre de Otoño deben recibirse antes del 15 de Septiembre. Las aplicaciones para el semestre de primavera deben recibirse antes del 15 de Enero.
I've applied for the Wesleyan Ministerial Loan Grant. Now what?

Thank you for applying online for the Wesleyan Ministerial Loan-Grant program. You might be wondering what’s next. Once you’ve applied Once your application is received, ECD will confirm your eligibility. If you meet all the requirements, your application will be approved. If your application is approved, you will receive an email notifying you that your application has been approved and your next steps. If your application is denied, you will receive an email notifying that your application has been denied. It will state why it was denied. After you’re approved

  1. Complete the “Institutional Authorization” form under the forms tab on the portal. Submit this to your educational institution. Do NOT send this to ECD.  This will be included in your approval e-mail you receive

How loans are disbursed

  1. ECD will automatically certify your enrollment at your institution for each semester. For each semester that you remain eligible for aid, ECD will disburse a loan.
  2. Find your program to see how your loan check is disbursed
    1. Checks for all traditional undergraduate programs (HC, IWU, KU, OKWU, SWU) are sent to the Loan-Grant representative at each school and applied to your account.
    2. Checks for Indiana Wesleyan University non-traditional programs (Wesley seminary and the BSBO degree) will be sent to the school and applied to your account.
    3. Checks for approved non-Wesleyan seminaries will be sent directly to the student.  You will be required to complete the seminary enrollment verification form (on this page under additional resources) each semester to initiate funding.

Ongoing It is your ongoing responsibility to keep ECD updated with your most current contact information (name changes as well as email, phone, and address changes).

Additional Resources 

Loan Grant Eligibility Chart

Use this chart to determine your eligibility

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Loan Grant Rates

List of funding rates (per credit hour) by school provided by the Wesleyan Loan Grant.

Financial Wisdom Form

Use this form to certify completion of the financial wisdom requirement

Institutional Authorization

Submit this form to your School after you have been approved for funding.

Evangelical Theological Seminary Enrollment Verification Form

Please use this form for enrollment verification at Evangelical Theological Seminary to receive ministerial funding each year.  Return to education@wesleyan.org.  This form will initiate funding for the prior year.

Approved Seminary Enrollment Verification Form

Use this form to verify enrollment at one of our approved seminaries to receive ministerial funding each semester/term. If the school has their own form for verification of enrollment, we will accept that form.

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Questions about your Loan Grant?

For more information or questions, please contact us at:  education@wesleyan.org