Houston Graduate School of Theology

Applying for Financial Aid*


Applying for Financial Aid

HGST offers financial aid in the form of scholarships, veterans benefits and federal student loans. Each of these forms of financial aid is subject to different standards of eligibility and different means of application. For information about the eligibility and application for HGST scholarships, please refer to the scholarship page of the HGST website; or contact the Financial Aid Office. Students who have confirmed their eligibility for Veterans benefits through the Veterans Administration may contact the registrar’s office for information concerning using those funds to obtain a degree at HGST. Nearly 60% of our student body receives aid in the form of federal student loans; unsubsidized (non-need based) loans through the William D. Ford Direct Loan Program. Graduate Students are eligible for up to $20,500 in Stafford Loans per year. The Cost of Attendance determines how much a student may be eligible for during a given period. All student loans must be repaid.

Applying for Federal Student Aid

Maintaining Eligibility for Federal Student Loans

Determining financial aid eligibility is the joint responsibility of the federal government and the school. The Financial Aid administrator is responsible for adhering to and monitoring eligibility requirements.

Federally Determined Eligibility Criteria

The Federal government reviews a student’s eligibility by checking citizenship, social security number, Selective Service registration and student loan history, as well as other key criteria.

  • Students who do not meet specific citizenship requirements are not eligible for federal aid.
  • Students who have defaulted on a previous loan are not eligible to receive new loans.

School Determined Eligibility Criteria

  • Students must be enrolled in a degree program. Non-degree students are not eligible to receive aid.
  • Students must fulfill the Loan Counseling requirement when entering the Direct Loan program by completing counseling online at www.studentloans.gov.
  • Students must complete a Master Promissory Note
  • Students must make Satisfactory Academic Progress (SAP), which means a student must maintain a cumulative GPA that is consistent with their degree graduation standards and must be progressingtowards that degree at a satisfactory pace.
  • Students must complete the verification process if the government flags the student for verification.

Common Reasons Aid is Withheld

  • Failure to complete Entrance Counseling or a Master Promissory Note.
  • Failure to complete the verification process.
  • Failure to meet minimum enrollmentrequirements. Please contact the Financial Aid Office if you plan to enroll less than full-time. If you enroll less than half time, you will not be eligible to receive federal loans. If you drop below 5 credit hours, you may lose your financial aid eligibility.
  • Failure to meet SAP. You will be placed on probation or have your aid denied should you fail to meet SAP standards. Please refer to the Financial Aid Handbook.
  • Failure to complete financial aid paperwork.