Each admitted applicant will receive at minimum (a) a Merit Tuition Scholarship and (b) either a Princeton Doctoral Fellowship or the George S. Green Fellowship for a period of up to five consecutive years of full-time study. Two Trustees Merit Scholarships are awarded annually to applicants whose applications are judged to be of a superior quality. Further, an (unfurnished) apartment (size dependent on availability) will be reserved for each admitted applicant in campus housing and will be made available for up to five consecutive years or for the duration of the student’s PhD program, whichever comes first. Single students may choose instead to live in one of the residence halls. In either case, the housing is heavily subsidized and thus represents a substantial enhancement of the overall admissions package.
The terms of all financial award packages offered to students require that the student remains in good academic standing and hold no more than 20 hours a week of outside employment. Further, local residency is stipulated during coursework and required for all research and teaching assistantships and access to Seminary housing. Candidates who receive an outside grant for overseas study and relinquish their Seminary fellowship during one of their first five years of doctoral work are eligible to receive the fellowship during a sixth year. All fellowships are disbursed during the academic year.
In order to process a PhD student's scholarship or fellowship, it is required that the student complete the FAFSA form (www.fafsa.ed.gov) prior to the first year of attendance at PTS. After the first year, this form is no longer required unless a student wishes to apply for federal loans. Students who wish to be considered for federal loans must complete the FAFSA form and the Princeton Seminary Student Financial Aid Application. These forms, as well as more information about the financial aid application process, are available online or may be requested from the Office of Admissions and Financial Aid.
This scholarship covers the annual cost of tuition, which in 2017-18 is $15,500 and is annually credited to the student’s account on his or her behalf.
The Princeton Doctoral Fellowship is awarded for up to five years (ten semesters) of study in the PhD program. It provides an annual stipend of $20,000 and is offered to aid students in pursuing their doctoral education with the requirement that they serve as a Teaching Assistant for one Masters Level Course per year in years 2 through 5 of their program (with no additional remuneration). Doctoral students may serve as a Teaching Assistant over and above the one course per year for additional financial remuneration.
One fellowship for doctoral work, preferably but not exclusively in Old Testament, may be awarded for up to five years of study to a senior in the Master of Divinity program in the Seminary, or a candidate in the Master of Theology program at the Seminary, who has displayed outstanding academic achievement and scholarly promise. The fellowship provides a stipend of $20,000 and is offered to aid students in pursuing their doctoral education with the requirement that they serve as a Teaching Assistant for one Masters Level Course per year in years 2 through 5 of their program (with no additional remuneration). Doctoral students may serve as a Teaching Assistant over and above the one course per year for additional financial remuneration.
This additional scholarship of $6,000 per year is awarded to the two students in each entering class whose applications, in the judgment of the PhD Studies Committee, are of a superior quality. This represents the highest award offered by the Seminary to an entering doctoral student.
In the second through fifth years of study, students are required to serve as a Teaching Assistant for one Masters Level Course per year (with no additional remuneration). Doctoral students may serve as a Teaching Assistant over and above the one course per year for additional financial remuneration, as positions are available. The basic stipend of a full-time teaching assistant is $4,300, for which the holder works no more than 15 hours per week during the semester of appointment.
“Princeton Seminary helped me whittle down to the core of my faith and helped me discover what mattered most to me.”