FINANCIAL AID PACKAGES

Applications for financial aid from students expecting to enroll in the fall are due to the financial aid office by May 1. After that date all financial aid applications from students will be reviewed in the order received. Students must apply each year for renewal of financial aid. Students should contact the Director of Financial Aid early in the application process to discuss particular situations and needs.

Trinity’s financial aid package consists of grants, loans, and employment. Grants are determined on a percentage basis of the total need after all other resources have been counted. Trinity loans are a part of the financial aid package and are determined on a percentage basis of the student’s unmet need. No interest is charged on Trinity loans if repayment is on schedule. Monthly payments of $75 begin nine months after graduation or separation from the seminary. The Trinity loan portion of the financial aid package is optional, and students may decline the loan. Once a loan has been declined, there is no guarantee that it may be available at a later date.

Upon completion of the Free Application for Federal Student Aid (FAFSA), a student may request a promissory note for the Federal Stafford Loan program. While the majority of students are eligible to receive subsidized Stafford Loans, an unsubsidized Stafford Loan may be available for students who have exhausted their subsidized Stafford Loans or who do not qualify for subsidized Stafford Loans. See the Director of Financial Aid for more details.

Students are counseled by the Director of Financial Aid regarding loan indebtedness, and additional loans are considered only if all other resources have been exhausted.

Employment of eligible students in Federal Work-Study positions is available on and off campus. These positions are specifically chosen for the learning and serving experience provided. All available positions are posted on a bulletin board outside the financial aid office. First-year students are encouraged to limit their part-time employment to 10-15 hours per week.