Financial Aid

Scholarships and tuition grants come through the endowment funds and sacrificial gifts provided by friends of STS. A limited number of scholarships are available only for tuition expenses of degree-track, credit students who have completed at least 20 credit hours on a continuing basis. These scholarships are given on the basis of academic excellence, commitment to ministry and financial need.
The student should demonstrate that his home church has been approached for matching funds. Scholarship funding is rarely available for students in their first year at STS. Scholarships are funded through revenues generated from invested funds. Therefore, the amount and number of scholarships awarded is dependent on the size of the scholarship fund.

Scholarships

Art and Donna Willis Family Scholarship

This scholarship is made to help in regards to tuition deserving students seeking Master of Divinity or Master of Arts degrees in Church Ministry who struggle financially to conduct their studies. It is in memory of Art Willis who was blessed by the Lord, but unable to complete Bible College because of severe financial restrictions.

Ben Hamilton Memorial Scholarship

This scholarship is to help in regards to the tuition needs of a student who demonstrates a financial need, ministry abilities and aspirations and maintains a good academic standing that will result in graduation.

James F. Langley Memorial Scholarship

In loving memory of James F. Langley, a Christian gentleman, faithful husband and loving father by which this scholarship grant is made available to help in regards to the tuition needs of a student who demonstrates a financial need, is seeking a vocation of full time ministry upon graduation and displays the values of consistent Christian character.

James Montgomery Boice Memorial Scholarship

This scholarship is to meet the tuition needs of a Master of Divinity student who resides in Durham County during his graduate years. It is preferred that the student be from a family that has at least one other child in college or graduate school. The student must maintain at least a B average in classes taken.

Jane Lassiter Baker and Emma Lee Huggett Scholarship

It is the desire of Paul W. Baker Jr. and Deborah H. Baker to honor the life of Jane Lassiter Baker and Emma Lee Huggett by providing financial and spiritual encouragement for students at Shepherds who are committed to vocational Christian ministry and service.

Nate Davidson Scholarship Grant

The family and friends of Nate Davidson desire to honor his life and Christian commitment by providing financial and spiritual encouragement for students at Shepherds who are committed to Christian ministry and service but are challenged financially and by life experiences.

Paul K. Jackson Scholarship

This scholarship is awarded to a student who shows a heart for a teaching ministry. The namesake of this scholarship, Paul K. Jackson, had a heart for teaching and was the first professor of Old and New Testaments at the Seminary, as well as Pastor of Adult Ministries at Colonial Baptist Church.

Tully M. Fletcher III Soul Winner Scholarship

The Tully M. Fletcher scholarship is awarded to a student who has best demonstrated a spirit of compassion for the lost by the habitual practice of personal or church group evangelism. The namesake of this scholarship, Tully M. Fletcher III, had an intense interest in winning souls.

Wisdom for the Heart Student Scholarship

Given to a student from India whose intention is to return to India to minister to the people of India after graduation and is able to assist Wisdom for the Heart in translating sermons into Telugu and Hindi languages.

Grants and Loans

Shepherds Tuition Grant-in-Aid Fund

Before each main semester (August and January), students may apply for benefits from the Student Tuition Grant-in-Aid Fund. These funds, which are received from private donors to the Seminary, are disbursed by the faculty to deserving students who apply. Students should apply for these benefits each term through the Seminary office.

Home Church Assistance

Assistance from your home church does more than help meet the budget—it provides accountability for the student and a prayer commitment by the church. Consequently, students are encouraged to discuss financial assistance possibilities with their pastor and church leaders.

Federal Grants and Loans

STS has approval from the Department of Education to participate in Title IV federal direct loans. This approval allows students to defer previously received federal student loans. Please call the Seminary office if you have questions regarding federal grants and loans.

GI Bill

STS is approved in both North Carolina and Wyoming to certify students who are eligible to receive benefits through the GI Bill. Certification takes place through the Registrar’s office.