Tuition and Financing
Tuition for students starting their doctoral studies in a track beginning between July 2014 and June 2015, is $18,600*.
Tuition is billed quarterly, at the rate of $1,550* per quarter for 12 quarters.
- The annual cost of the program is $6,200 a year for 3 years.
- This makes the monthly cost of the program approximately $517.
- With 46 credit hours, tuition breaks down to approximately $404 per credit hour.
An important note about Doctor of Ministry tuition: Once you have matriculated into a cohort (you have applied, been accepted, and have paid the matriculation fee), your tuition is locked while you are an active participant of that cohort. Tuition does not increase while you are an active participant in the cohort to which you have been accepted.
Because your church or parachurch ministry will benefit significantly from your studies, begin by seeking funding from that institution. If you wish, Gordon-Conwell will write to your board to propose this. Please e-mail us to request this letter.
- You may want to ask your church or parachurch organization to underwrite all of your tuition costs. If your people understand that this is an investment in their own future, they may be willing to take on this expense.
Because not all organizations are able to pick up the total cost of your program, you may want to present a plan of shared participation in the costs of a D.Min. education. You and your church may discuss your needs and agree to a division of the costs, with you and the church each contributing a percentage of the costs of the program.
- You and your ministry organization agree on the amounts each of you will contribute to the cost of your doctoral studies.
- Because Doctor of Ministry students are considered 1/3 time students, you cannot apply for typical student loans. However, you can apply for a Continuing Education Student Loan (not a government-guaranteed loan) for the program. Private banks or organizations may be able to assist you with continuing education loans. You may want to check out The Fund for Theological Education or Student Lending Analytics. Another web site that may provide helpful information is Student Aid on the Web. You may find information on the Public Service Loan Forgiveness Program.
- If you qualify for the loan, your ministry organization sets up an interest-bearing escrow fund into which you and your church contribute on a regular basis. (You may want to have your part automatically transferred from your salary each month.)
- Upon the timely completion of your work, when the loan falls due, you can pay off the loan completely with the escrow fund. Accumulated interest can revert back to the church or be used to cover graduation fees, thesis-project binding, etc.
A limited number of scholarships of up to one-fourth of tuition (funds permitting) are awarded by Gordon-Conwell to outstanding matriculated and enrolled students based on need, ministry experience, and future ministry goals. Only 1 scholarship is available per 12 students in a given cohort. Please look at these directions and application for this limited scholarship.
Team Ministry Grant
The Team Ministry Grant is a need-based scholarship available to qualified married couples pursuing the same level of seminary studies together. This grant can cover 50% of one spouse's tuition cost during the time that both spouses are concurrently enrolled at the same level of studies. Please look at these documents regarding the application and further information for this grant.
Outside Sources of Funding
American Baptist Church International Student Scholarship
If you are a member of the ABC and from an ethnic group whose first language is other than English and you are in or preparing for ministry in the United States with that ethnic group, you may want to check out the International Baptist Seminary Scholarship Fund.
Billy Graham Evangelistic Association
If you are on staff with the Billy Graham Evangelistic Association (BGEA), they annually provide a full tuition scholarship for one qualifying staff member to pursue their Doctor of Ministry degree through Gordon-Conwell—Charlotte. Please look at these documents regarding the application and further information.
If you have no church or para-church organization backing you and you need an outside source of funding, low-interest Student Loans can be an important source of support for your Doctor of Ministry studies. Private banks or organizations may be able to assist you with continuing education loans. You may want to check out The Fund for Theological Education or Student Lending Analytics. Another web site that may provide helpful information is Student Aid on the Web. You may find information on the Public Service Loan Forgiveness Program.
More information on outside sources of funding can be found here: Funding-from-Other-Sources.cfm.
*Tuition for qualified Military Chaplains, Arrow Leadership graduates, and Th.M. in Preaching graduates approved to Advanced Standing is less, being billed for eight quarters over two years.
** effective 7/1/14, subject to change annually.
You can get complete information regarding the application process by calling (978) 646-4163 and asking for the Doctor of Ministry packet of materials. Or you can click here for an on-line request form.