Financial Assistance

Nashotah House is dedicated to providing exceptional and affordable theological education.  The seminary offers assistance for accessing funding from a variety of sources including 1) internal scholarships, 2) external scholarships, 3) Title IV loans and 4) private student loans.

New and returning students receive a variety of aid. To evaluate a student’s level of funding, each year students are required to submit a FAFSA (Free Application for Federal Student Aid) online, by July 30.  The FAFSA provides the seminary with information used to determine a student’s aid eligibility.

  1. INTERNAL SCHOLARSHIPS

For a description of Nashotah House internal merit, work and need-based scholarships, please follow this link: https://www.nashotah.edu/scholarship-opportunities   Information related to admissions scholarships is available from the Financial Aid Office. 

  1. EXTERNAL SCHOLARSHIPS 

Nashotah House is pleased to provide a list of foundations and other organizations providing scholarships to seminary students is available on the seminary website:   https://www.nashotah.edu/scholarship-opportunities   Students can apply for these scholarships by directly accessing an organization’s website. 

  1. FEDERAL DIRECT UNSUBSIDIZED STUDENT LOANS

Nashotah House participates in the Title IV Federal Direct Unsubsidized Student Loan Program.  Seminary financial aid staff members are available for guidance and to address your questions regarding the barrowing process.

In addition to submitting the FAFSA (Free Application for Federal Student Aid) online, students must complete the online Entrance Counseling, and sign the Master Promissory Note (MPN). The school code for Nashotah House is: GO3874.  The award letter provided by the Financial Aid Office will include information related to loan eligibility.  A student may initially choose to decline a loan or accept less than offered, provided the initial award is unchanged.  A student may receive the declined loan funds later, to the specified level of eligibility.

Satisfactory Academic Progress (SAP) and Financial Aid

Federal regulations (34 CFR 668.34) require a student receiving the Federal Direct Unsubsidized Student Loan to maintain Satisfactory Academic Progress (SAP) while pursuing a degree at the seminary.  Qualitative and quantitative minimum standards must be met by students.  A student’s grade point average, completion rate and maximum timeframe to completion are reviewed regularly to determine eligibility for a Title IV Federal Direct Unsubsidized Student Loan.   

Qualitative Standard: Cumulative Grade Point Average

The grading system used for determining grade point average is:

 

A          4.0                               C         2.0

A-         3.7                               C-        1.7

B+        3.3                               D+       1.3

B          3.0                               D         1.0

B-         2.7                               D-        .7

C+        2.3                               F          0

 

To remain in good standing at Nashotah House, students must

  • Pass all courses for which they have registered
  • Maintain, in each semester, a minimum grade point average of:
    • “C” (2.0) for Residential and Hybrid-Distance programs
    • “B” (3.0) for Advanced Degree programs

Earned hours include S, A, A-, B+, B, B-, C+, C, C-, D+, D, D-.  Attempted unearned hours include U, NC, F and W.  Transfer credit is included in the calculation of attempted and earned hours.  Repeated courses are included in the GPA.  Nashotah House does not offer remedial courses.   A grade of I or Incomplete, is counted as attempted, but not completed.  Upon receiving a grade, the student’s GPA is recalculated to determine SAP.  If a grade for the course is not assigned within eight weeks, a grade of F will be calculated into the GPA and place the student on academic probation.   

A student whose grade point average falls below this standard in any particular semester is automatically placed on academic probation. The failure of a course results in automatic academic probation. Failure to achieve a grade point average of 2.0 (3.0 for STM and DMin) in a term in which a student is on academic probation will also result in automatic suspension.

When a Nashotah House student changes programs, any courses taken in the previous program will be included in the SAP calculations for the new program. When a student changes program any coursework from the old program that applies to the new program will be included in the SAP calculations. When a student is pursuing a 2nd degree, any courses that were taken during the 1st degree that are transferred in to apply to the student’s 2nd degree will be included in the SAP calculations.

Quantitative Standard: Completion Rate and Maximum Timeframe to Completion

Students must earn at least 67% of the credits that they attempt. Satisfactory academic progress is checked at the end of each payment period, and the end of every standard term (including the summer term for those enrolled in it). Credits transferred to the seminary are included in the calculation of attempted and completed credits. Again, courses in which a student receives an Incomplete will be counted as attempted but not as earned credits. Once an incomplete is resolved, a student can notify the financial aid contacts to have their rate of completion reevaluated.  A grade of W will be treated as attempted and not earned. Courses that are repeated will be treated as attempted, but only will count as earned credits once. A student can repeat a course for which they receive an “F” grade, and receive aid, as many times as it takes to pass the course. A student can repeat a course that they received a “passing” grade in, and receive aid, only once.  

Credits Attempted                   Minimum Necessary Credits Earned

24                                            17

30                                            21

48                                            33

60                                            41       

72                                            49       

90                                            61

Each academic program has a published program length, measured in credit hours. Students will not be eligible for financial aid for any credits that are attempted in excess of 150% of the published credit length of their program. Credits transferred to the seminary are included in the calculation of attempted and completed credits for the purpose of determining the total 150% timeframe. Credits earned while a student is not receiving Title IV aid will also count toward the 150% timeframe. Any course with a grade of “W” is counted in the credits attempted calculation.

If after review of a student’s satisfactory academic progress status it is determined that a student will exceed 150% of the published program length, or will be unable to complete his or her program within the 150% timeframe, his or her Title IV financial assistance will be suspended. Students may appeal the loss of financial aid eligibility due to the 150% rule. The appeal process is defined within the following section of this policy.

Program                                              Published Program     150% Limit

                                                            Length (Credits)

Master of Sacred Theology                24                                            36

Doctor of Ministry                               30                                            45

Master of Ministry                               48                                            72

Master of Theological Studies            60                                            90

Master of Pastoral Ministry                 72                                            108

Master of Divinity                                90                                            135

Appeals

A student with academic suspension status is also on financial aid suspension, and is not eligible to receive federal financial aid.  To regain eligibility, a student may appeal this status if unusual circumstances interfere with her or his ability to meet SAP standards. Examples of usual circumstances include, but are not limited to divorce, serious injury or illness, personal issues, death of a family member or documented disability.

To appeal, a student must provide a letter to the Nashotah House Provost describing the circumstances (with supporting documentation) and including plan with a timeline to achieve SAP. The letter must be received two weeks before the start of the term in which aid is requested.  The Provost will evaluate the appeal and provide a final decision. Within two weeks, the appeal decision will be communicated by Nashotah House email (@nashotah.edu) to the student and will be shared with the registrar.

If the appeal is granted, the student regains eligibility and is restored for enrollment.   If the appeal is not approved, the financial aid award will be canceled and funds will be returned to the aid program.  

Enrollment Requirements

SAP standards ensure successful completion of coursework and continuation of financial aid.  All students receiving financial aid must be enrolled at least half-time and meet SAP standards for Nashotah House.  Students are not eligible for federal funding if they are enrolled less than half time and may be required to begin payments on student loans if they are not actively enrolled in classes.

Full-Time, At Least Half-Time, or Less Than Half-Time:

  • Full-Time students are:
    • Residential students registered for at least nine (9) credit hours per semester
    • Hybrid-Distance students registered for
  • at least nine (9) credit hours per Fall semester (inclusive of Summer-Fall terms)
  • at least six (6) credit hours per Spring semester (inclusive of January-Spring terms)
    • Advanced Degree students registered for six (6) or more credit hours per year, including the first academic year of thesis or project preparation and writing.
       
  • At Least Half-Time students are:
    • Residential students registered for between four (4) to eight (8) credit hours per semester
    • Hybrid-Distance students registered for three (3) credit hours per term (i.e., Summer, Fall, January, Spring)
    • Advanced Degree students registered for at least three (3) or more credit hours per year, including each academic year subsequent to the first academic year of thesis or project preparation and writing until the completion of the program.
       
  • Less Than Half-Time students are:
    • Residential students registered for three (3) or less credit hours per semester
    • Advanced Degree students registered for less than three (3) credit hours per year

 

Withdrawal and Returning Title IV Financial Aid

Withdrawal is the voluntary unconditional termination of student status affected by a student.  Financial aid regulations (34 CFR 688.22) determine the amount of loan funds that must be returned if a student withdraws from the seminary.

Students must complete the Institutional Withdrawal form and it must be signed by both the student and the Provost. If a student simply does not register for courses for more than one term and does not communicate with the Nashotah House administration, the student will be considered withdrawn as of the last date of academic activity.

The federal government mandates that if a student withdraws from all classes, she or he may only keep the financial aid "earned" up to the time of withdrawal. The Title IV funds that were disbursed in excess of the earned amount must be returned to the federal government by Nashotah House and/or the student.  If a student received a credit balance refund check for financial aid that was credited earlier in the semester, the student may be required to return a portion of those funds to Nashotah House. This portion represents funds that were intended to pay education-related expenses through the end of the term. The amount to be returned to Nashotah House will be calculated based upon the student’s last date of attendance.

Determining Aid Earned

To determine the amount of aid a student earned up to the time of withdrawal, Nashotah House will divide the total number of days in the payment period as of the student’s last day of attendance by the total number of days in the payment period.  The resulting percentage is then multiplied by the total federal funds that were disbursed (either to a student’s Nashotah House student account or directly by check) for the semester.

This calculation determines the amount of aid that a student is allowed to keep. The unearned amount of aid must be returned to the Department of Education within 45 days of the Nashotah House last day of attendance.  The student will be notified within 30 days of the determination of withdrawal and contacted to discuss the student’s eligibility for a post withdrawal disbursement.

  1. PRIVATE STUDENT LOANS

Private loans are available from banks and credit unions for students to use to pay for expenses not met from other sources of support.  Students can access information regarding loans directly from a lender, generally on the lender’s website.  Once a private loan has been approved, the seminary will be notified by the lender to certify the loan.  For assistance in calculating maximum loan eligibility, students should contact the Nashotah House Financial Aid Office.  

Great Lakes Higher Education Corporation (GLHEC) https://mygreatlakes.org a loan servicer and guarantor, has created tools that may be helpful to students who wish to  explore private loan options.   The seminary financial aid staff is glad to provide assistance; however, students are encouraged to carefully consider borrowing and the long-term implications of barrowing on finances.

For questions regarding loan counseling please contact Dr. Esther Kramer, Associate Provost at ekramer@nashotah.edu or 262-646-6530.

 

MILITARY BENEFITS

Nashotah House is an approved certifying school for G.I. Bill® recipients. Students interested in using their benefits to help pay for seminary should first apply online for their benefits via the G.I. Bill® website (gibill.va.gov) to determine their eligibility. Questions regarding the application or eligibility should be directed to the regional Veteran’s Affairs office or to the student’s assigned VA Counselor. Students must provide a copy of their Certificate of Eligibility to the Financial Aid Coordinator before their first term in order to be certified. The Financial Aid Office will then certify each Veteran’s enrollment at the start of every term.

How Aid is Calculated

Financial Aid put together by considering the student’s FAFSA information, student’s expected contribution (EFC), and the support of sponsors and internal and external scholarships. These factors make up the Estimated Financial Assistance of a student which is then subtracted from the Cost of Attendance to calculate financial need. Need-based aid is then considered and awarded. Any remaining Cost of Attendance will be offered in the form of Title IV Loans not to exceed the annual maximum of $20,500. Depending on their situation, a student may choose to accept part, all or none of the offered loans.

Deadlines and Award Letters

All FAFSA prior year W-2s, and financial aid application forms must be received by January 15th to be considered for priority packaging. Late applications/submissions of forms may result in the loss of or lessening of potential financial aid. Award Letters will be mailed and emailed to the student by March 15th and must be signed and returned (scanned or mailed). No student will receive any financial assistance until the signed letter is returned.

Changes to the Aid Package

Changes to an aid package may result for various reasons including: lack of fulfilment of work duties, decrease/increase of pledged sponsorship or cost support funds, loss of satisfactory academic progress, disciplinary violations resulting in a loss of scholarship, change to your FAFSA, change in full-time status, and addition of a previously unknown external scholarship.

Students will be notified via email/mail if changes to aid package have been made. A new award letter will be issued and, if applicable, a bill of outstanding charges resulting from the change.

Personal Fundraising

Nashotah House is proud of her students who have worked hard to raise funds by appealing to family, friends and other supporters, presenting their financial needs during seminary as an opportunity for others to invest in their ministry and in the future of the Church. Students who have been industrious in raising funds in this manner have many inspiring stories to tell about how the Lord has provided for their needs. They have been especially blessed because each donation comes with prayer support, encouragement and spiritual blessing. Through these exchanges their faith has grown. Nashotah House requires that students make efforts at fundraising part or all of their seminary expenses.

Fundraising is factored into the Estimated Financial Assistance (EFA) for a student and used to calculate financial need. We ask students to provide their potential and declared sponsors (at least their sending parish and diocese) with the Seminarian Supporters Guide and return the applicable forms.

Nashotah House Aid

Nashotah House has a modest endowment fund designated for scholarships and student aid. Each year the proceeds of this fund are distributed to full-time residential students according to financial need. All residential students seeking aid must submit their FAFSA and previous year financial information to Nashotah House annually by March 1st. Financial need is assessed each year based on that information. Every new residential student who qualifies for financial need will be awarded some amount of aid. The three types of aid are as follows:

  • Need-based aid funds are awarded under the condition that the student can prove lack of support of their sending parish and/or diocese. Students must make continued effort to apply for external scholarships and fundraise in order to receive need-based aid funds.
  • Work Scholarships give the student the opportunity to contribute their time and talents to various community responsibilities. Work Scholarships are awarded primarily due to one’s interest in the position, but decisions between two qualified candidates may be made based upon their financial need. Most students on campus have some form of work scholarship.
  • A limited number of Merit-based aid awards are available each year for the students who balance the Benedictine discipline of prayer, work, and study especially well.
  • The Rath Foundation scholarship is given to Nashotah House by the Wisconsin Association of Independent Colleges and Universities (WAICU) in the amount of $12,000 to award to the top two graduating seniors in good standing.

Students in the Distance Education are not eligible for Nashotah House scholarship aid at this time but may be eligible for external scholarships.

Advanced Degree programs are not eligible for Nashotah House scholarship aid but may be eligible for external scholarships

External Scholarships

Many organizations award grants and scholarships to seminary students. Students must be organized and willing to work at securing such funding, but Nashotah House pledges to assist students in all of her programs (Residential, Distance Education and Advanced Degree) in their efforts to find and apply for such funding. Nashotah House is committed to helping students in any way they can to avoid or minimize student loan debt. Please see the “Scholarship Opportunities” link under the current students tab for a comprehensive list.

Federal Direct Unsubsidized Student Loans

Federal Direct Unsubsidized Student Loans

Nashotah House participates in the Title IV Federal Direct Unsubsidized Student Loan Program.  Seminary financial staff members are available for guidance and to address your questions regarding the barrowing process. To apply for a Federal Student Loan, please apply online and you will be directed to complete the FAFSA (Free Application for Federal Student Aid).  Students will need to complete the FAFSA online each academic year, by July 30.

Those students who intend to apply for an Unsubsidized Direct Loan must first complete the online Entrance Counseling, and then sign the Master Promissory Note (MPN). The school code for Nashotah House is: GO3874.  Students will then receive an award letter from the Financial Aid office proving information related loan eligibility.  A student may initially choose to decline loans or take less than offered, provided their initial award is unchanged; they may receive the declined loan funds later up to their eligibility.

Satisfactory Academic Progress (SAP) and Financial Aid

Federal regulations (34 CFR 668.34) require a student receiving the Federal Direct Unsubsidized Student Loan to maintain Satisfactory Academic Progress (SAP)while pursuing a degree at the seminary.  Grade point average and enrollment status are reviewed to determine eligibility for a Title IV Federal Direct Unsubsidized Student Loan.   

 

Grade Point Average

The grading system used for determining grade point average is:

 

A 4.0                      C 2.0

A- 3.7                    C- 1.7

B+ 3.3                    D+ 1.3

B 3.0                      D 1.0

B- 2.7                    D- .7

C+ 2.3                    F 0

 

Academic progress is reviewed at the close of each term, corresponding with loan payment periods. To remain in good standing at Nashotah House, students must: 

  • Pass all courses for which they have registered
  • Maintain, in each semester, a minimum grade point average of:
    • “C” (2.0) for Residential and Hybrid-Distance programs
    • “B” (3.0) for Advanced Degree programs

Earned hours include S, A, A-, B+, B, B-, C+, C, C-, D+, D, D-.  Attempted unearned hours include U, NC, F and W.  Transfer credit is included in the calculation of attempted and earned hours.  Repeated courses are included in the GPA.  Nashotah House does not offer remedial courses.

A grade of I or Incomplete, is counted as attempted, but not completed.  Upon receiving a grade, the student’s GPA is recalculated to determine SAP.  If a grade for the course is not assigned within eight weeks, a grade of F will be calculated into the GPA and place the student on academic probation.   

A student whose grade point average falls below this standard in any particular semester is automatically placed on academic probation. The failure of a course results in automatic academic probation. Note also: Failure to achieve a grade point average of 2.0 (3.0 for STM and DMin) in a term in which a student is on academic probation will also result in automatic suspension.

Student progress is reviewed annually, corresponding with loan payment periods. Nashotah House includes courses applicable to a student’s program, whenever taken, are evaluated for satisfactory academic progress.  SAP is, however, subject to appeal.

Students are not eligible to receive federal financial aid if the student is placed on academic probation.  A change to a different Nashotah House program, pursing a second degree and summer term attendance does not render a student ineligible to receive federal financial aid.

Appeals

A student with academic suspension status is also on financial aid suspension, and is not eligible to receive federal financial aid.  To regain eligibility, a student may appeal this status if unusual circumstances interfere with her or his ability to meet SAP standards. Examples of usual circumstances include, but are not limited to divorce, serious injury or illness, personal issues, death of a family member or documented disability.

To appeal, a student must provide a letter to the Nashotah House Provost describing the circumstances (with supporting documentation) and including plan with a timeline to achieve SAP. The letter must be received two weeks before the start of the term in which aid is requested.  The Provost will evaluate the appeal and provide a final decision. Within two weeks, the appeal decision will be communicated by Nashotah House email (@nashotah.edu) to the student and will be shared with the registrar.

If the appeal is granted, the student regains eligibility and is restored for enrollment.   If the appeal is not approved, the financial aid award will be canceled and funds will be returned to the aid program.  

Enrollment Requirements

Satisfactory Academic Progress standards ensure successful completion of coursework and continuation of financial aid.  All students receiving financial aid must be enrolled at least half-time and meet SAP standards for Nashotah House.  Note: Students are not eligible for federal funding if they are enrolled less than half time and may be required to begin payments on student loans if they are not actively enrolled in classes.

Full-Time, At Least Half-Time, or Less Than Half-Time:

  • Full-Time students are:
    • Residential students registered for at least nine (9) credit hours per semester
    • Hybrid-Distance students registered for
  • at least nine (9) credit hours per Fall semester (inclusive of Summer-Fall terms)
  • at least six (6) credit hours per Spring semester (inclusive of January-Spring terms)
    • Advanced Degree students registered for six (6) or more credit hours per year, including the first academic year of thesis or project preparation and writing.
       
  • At Least Half-Time students are:
    • Residential students registered for between four (4) to eight (8) credit hours per semester
    • Hybrid-Distance students registered for three (3) credit hours per term (i.e., Summer, Fall, January, Spring)
    • Advanced Degree students registered for at least three (3) or more credit hours per year, including each academic year subsequent to the first academic year of thesis or project preparation and writing until the completion of the program.
       
  • Less Than Half-Time students are:
    • Residential students registered for three (3) or less credit hours per semester
    • Advanced Degree students registered for less than three (3) credit hours per year

 

Withdrawal and Returning Title IV Financial Aid

Withdrawal is the voluntary unconditional termination of student status affected by a student.  Financial aid regulations (34 CFR 688.22) determine the amount of loan funds that must be returned if a student withdraws from the seminary.

Students must complete the Institutional Withdrawal form and it must be signed by both the student and the Provost. If a student simply does not register for courses for more than one term and does not communicate with the Nashotah House administration, the student will be considered withdrawn.

The federal government mandates that if you withdraw from all classes, you may only keep the financial aid you have "earned" up to the time of withdrawal. The Title IV funds that were disbursed in excess of the earned amount must be returned to the federal government by Nashotah House and/or the student.  If a student received a credit balance refund check for financial aid that was credited earlier in the semester, the student may be required to return a portion of those funds to Nashotah House. This portion represents funds that were intended to pay education-related expenses through the end of the term. The amount to be returned to Nashotah House will be calculated from the date on which the student officially withdrew.

Determining Aid Earned

To determine the amount of aid a student earned up to the time of withdrawal, Nashotah House will divide the number of calendar days a student attended classes by the total number of calendar days in the semester (less than any scheduled break of 5 days or more). The resulting percentage is then multiplied by the total federal funds that were disbursed (either to a student’s Nashotah House student account or directly by check) for the semester. This calculation determines the amount of aid that a student is allowed to keep. The unearned amount of aid must be returned to the federal government.  A notification letter will be sent to the student’s permanent address if financial aid is reduced and a return is required.

A student may repay loan funds without interest penalty if completed within 120 days of the disbursement.

For questions regarding financial aid please contact Ms. Molly McFadzen at 262-646-6507, mmcfadzen@nashotah.edu; or Dr. Esther Kramer at 262-646-6530, ekramer@nashotah.edu

Return of Title IV Policy 

Returning Title IV Financial Aid

Withdrawal is the voluntary unconditional termination of student status affected by a student.  Financial aid regulations (34 CFR 688.22) determine the amount of loan funds that must be returned if a student withdraws from the seminary.

Students must complete the Institutional Withdrawal form and it must be signed by both the student and the Provost. If a student simply does not register for courses for more than one term and does not communicate with the Nashotah House administration, the student will be considered withdrawn.

The federal government mandates that if you withdraw from all classes, you may only keep the financial aid you have "earned" up to the time of withdrawal. The Title IV funds that were disbursed in excess of the earned amount must be returned to the federal government by Nashotah House and/or the student.  If a student received a credit balance refund check for financial aid that was credited earlier in the semester, the student may be required to return a portion of those funds to Nashotah House. This portion represents funds that were intended to pay education-related expenses through the end of the term. The amount to be returned to Nashotah House will be calculated from the date on which the student officially withdrew.

Determining Aid Earned

To determine the amount of aid a student earned up to the time of withdrawal, Nashotah House will divide the number of calendar days a student attended classes by the total number of calendar days in the semester (less than any scheduled break of 5 days or more). The resulting percentage is then multiplied by the total federal funds that were disbursed (either to a student’s Nashotah House student account or directly by check) for the semester. This calculation determines the amount of aid that a student is allowed to keep. The unearned amount of aid must be returned to the federal government.  A notification letter will be sent to the student’s permanent address if financial aid is reduced and a return is required.

A student may repay loan funds without interest penalty if completed within 120 days of the disbursement.

For questions regarding financial aid please contact Ms. Molly McFadzen at 262-646-6507, mmcfadzen@nashotah.edu; or Dr. Esther Kramer at 262-646-6530, ekramer@nashotah.edu

VA/TA Military Benefits

Nashotah House is approved to offer eligible students the chance to use their G.I. Bill® benefits to pay for tuition. Students interested in using these benefits should first apply for benefits on their website (here). All questions regarding the application or eligibility should be directed to the nearest Veteran's Affairs office, or their assigned VA Counselor.

If a student has already received a Certificate of Eligibility, they can send a copy of the Certificate to the Office of Financial Aid. Mallory Jordan, our Financial Aid Coordinator will certify the student at the beginning of each term.

Questions about GI Bill coverage and coordination with other financial aid received by Nashotah House or externally, can be directed to the Financial Aid Coordinator.

Military Tuition Assistance is also accepted at Nashotah House. Students should apply with their respective branch to begin the process.

Note: Prospective students with over $60,000 in loan debt are encouraged to have a frank conversation with their diocese and sending parish, and possibly to work to pay down this debt before entering seminary.