Financial Aid

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financial aid: Tuition & Fees

The Seminary adheres to the principle expressed by the Association of Theological Schools that students must expect to cover a manageable portion of the cost of their theological education. That principle notwithstanding, Hood's tuition is far lower than the actual cost of its education. A conservative estimate of the average cost of theological education is approximately three times the cost of the tuition at Hood. Below is a description of fees for the 2014-2015 academic year.

Tuition

Tuition costs are kept as low as possible through the support of many individuals, churches, and most importantly, the African Methodist Episcopal Zion church. The AME Zion Church, on whose munificence and benefaction the Seminary depends, pays a significant portion of the tuition cost.

Doctor of Ministry Tuition Costs 2014-2015

Tuition for the academic year - $5740

Students may complete the D. Min. program in a minimum of three years and a maximum of seven years. The academic year runs from July of one current year to May of the following year.

Continuing Matriculation Fee (per semester) - $435

Students not enrolled in the Seminary for an entire academic year are required to pay a matriculation fee of $435 per semester in order to be eligible to continue in the program. The matriculation fee guarantees the student a "spot" in the program when he/she re-enrolls.

Graduation Fee - (graduating students only) - $750.
Late Registration Fee - $75.
Payment Plan Fee - $10 per semester.

Master of Divinity & Master of Theological Studies 2014-2015

Tuition for 30 credit hours - $14,250($475 p/ credit hour)

Students completing the M. Div. in three years take an average of 30 credits per academic year; those completing in four-five years (Track II) take an average of 24 credits per year. The academic year runs from the Fall Term to the Summer Term.

General Fees for the academic year - $530

General Fees are for technology, annual lectureships, and SGA dues. The fees are non-negotiable and are automatically calculated by the system on the tuition statement.

Continuing Matriculation Fee (per semester) - $225.

Students not enrolled in the Seminary for an entire academic year are required to pay a matriculation fee of $225 per semester in order to be eligible to continue in the program. The matriculation fee guarantees the student a "spot" in the program when he/she re-enrolls.

Auditing/Continuing Education - $150 (per credit hour)

The Seminary permits persons to audit courses, providing they comply with completing an application form and submitting transcripts for their various degrees. Auditors are usually exempt from tests, examinations, and other grading procedures. Auditors are not candidates for a degree and do not receive earned credits for work, but an appropriate notation is placed on their transcripts.

Graduation Fee - (graduating masters degree students only) $250.
Late Registration Fee - $75.
Payment Plan Fee - $10 per semester

MISCELLANEOUS

Mid-day Meals (for academic year) Track I Residential Students $728.00
Mid-day Meals (for academic year) Track I Commuter Students $546.00
Mid-day Meals (for academic year) Track II $182.00
Housing (for academic year) $4,000.00
Housing: security deposit $200.00
Housing: commuters (room per night) $30.00
Washer/Dryers & Micro/fridge (for academic year) $120.00
Housing Summer (June-July) $400.00 per month.
Late Registration (all programs) $75.00
Transcripts $5.00

Refunds

If a student withdraws from the Seminary with the approval of the Dean of Academic Affairs, or drops a class or courses with the proper approval, a tuition refund may be given after the end of the Drop/Add period. No refunds will be granted on institutional scholarships or grants-in-aid. Where a refund of tuition is due, it will be prorated as follows: Before the beginning of the semester 100% At the end of the third week of the semester 85% At the end of the fourth week of the semester 70% At the end of the fifth week of the semester 55% At the end of the sixth week of the semester 40% At the end of the seventh week of the semester 25% At the end of the eighth week of the semester 10% No refund beyond the eighth week of the semester.