Institutional Financial Aid

Tuition Reduction Awards

Meadville Lombard awards tuition reduction from available scholarship resources to eligible students. The Financial Aid Committee recommends yearly tuition reduction scholarships grants as a percentage of aid for all students who demonstrate financial need. All grants are authorized for the academic year and are credited quarterly to a student's account.

More at Scholarships.

Federal Financial Aid

Because of changes initiated by the Obama Administration, the method by which our students will access Federal Financial Aid will ce changing.  When President Obama signed the Health Care and Eduction Reconciliation Act of 2010 (HCERA) on March 30, 2010, he enacted changes to the federal student loan programs authorized by Title IV of the Higher Education Act of 1965--specifically, beginning July 1, 2010 all new Stafford and GradPLUS loans can only be made under the William D. Ford Federal Direct Loan (Direct Loan) Program.

Meadville Lombard Theological School, like many schools, has participated in the FFEL program.  And like all schools, with this new legislation we must change the Direct Loan program starting with the 2010/11 academic year.  In the Direct Loan program you are borrowing directly for the US Department of Education, cutting our banks as lenders.  This means that if you have current or outstanding student loans you may not borrow new student loans through that previous lender.  There are options for consolidation which are explained on the Direct Loan website.

Stafford Loans

More on Stafford Loans.

Grad PLUS Loans

Meadville Lombard participates in the Graduate PLUS Loan Program.  Graduate PLUS loans are federally sponsored loans for students attending graduate school. With a Grad PLUS loan, you may borrow up to the full cost of your education, less other financial aid received including Federal Stafford loans.

Federal Work Study

Meadville Lombard participates in the Federal Work Study Program.  Through the Federal Work Study Program, students work part time to help pay for the cost of their education.  A student must demonstrate financial need to be eligible. (Application for Work Study)

Eligibility

Students matriculated and registered for a Meadville Lombard degree are eligible for institutional and federal financial aid, but will not be eligible for aid for courses beyond the number required for completion of the degree program. Eligibility requirements for institutional financial and federal financial aid differ.  Please contact the Senior Director of Student Services and Communications for more information on eligibility.

HOW TO APPLY

New and current students need to apply for financial aid each year by submitting the Meadville Lombard Institutional Financial Aid application (IFAA) to be considered for institutional financial aid, and the Free Application for Federal Student Aid (FAFSA) to be considered for federal financial aid by March 15. See the application for complete details and worksheets.

Meadville Lombard Institutional Financial Aid Application

This application helps determine a student's need for institutional aid.  See the IFAA policy for details.

FAFSA

New students must complete the FAFSA form.  Returning students may complete the Renewal FAFSA.  We advise students to file their application online for faster processing. Students must apply for a Personal Identification Number prior to completing the online FAFSA. The federal school code for Meadville Lombard Theological School is G01723 or 001723.

Every student who completes a FAFSA receives a Student Aid Report (SAR) from the federal processor. If Meadville Lombard is listed on your FAFSA, we will receive the same information electronically.

Additional Information for DMin Students

A second source of funding for UU ministers is through the UUA. Up to $500.00 per year is available for professional development.