Financial Aid

Thanks to generations of generous benefactors, a wide variety of scholarships are available. Prospective students do not apply for these scholarships: Awards are made by a campus committee based on a student's financial need and the donor's requirements.

Eligibility for specific scholarships is determined after an admissions application has been filed with the Admissions office.

International Student Scholarship – A scholarship for tuition and living expenses to international students coming from their country of residence to earn a degree at CDSP. Applicants must follow these procedures.

Please email the CDSP This email address is being protected from spambots. You need JavaScript enabled to view it. if you need assistance over the summer. Most financial aid requests for the coming year are already in process, but the CDSP registrar is available to handle financial aid-related inquiries on a case-by-case basis.

CDSP staff can provide further information about other resources to support your education. We can help you navigate applications for various scholarships and grants including:

The Fund for Theological Education

The Society for the Increase of Ministry

Other resources can be found at the following websites:

Fund for Theological Education's Fund Finder

You also may apply for scholarships from the Episcopal Church

Eligible students are encouraged to consider employment as a source of financial support.

Two programs are available, Federal Work Study (FWS) and the Institutional Work Program (IWP). These programs allow students who are eligible for need-based aid to do part-time work, for which they are paid an hourly wage. The FWS program is jointly funded by the federal government and CDSP. The IWP is funded solely by CDSP. Jobs include assistance in administrative offices, maintenance work, gardening, and off-capmus service placements (FWS only).

Work study allows a student to earn money throughout the year, which can be paid toward the student's account or used for other expenses. As with other jobs, students receive a paycheck for their work, based on timesheets approved by their supervisor.

Open student employment postions are posted here, and more details are available on the Student Employment page.

Prospective students should discuss the work-study option with the This email address is being protected from spambots. You need JavaScript enabled to view it..

Government Student Loan Programs

CDSP participates in the federal Direct loan program. Through this loan program, eligible financial aid applicants may borrow federal Unsubsidized loan funds to help meet the cost of educational expenses. The application for this loan is available through the Consortial Financial Aid Office.

About the Federal Direct Stafford Unsubsidized Loan: A student is not required to demonstrate financial need to receive a Direct Unsubsidized Loan. The Financial Aid Office will determine the amount an eligible student can borrow, up to an annual maximum of $20,500. A student's total financial aid package (including loan funds, scholarships, grants and work study) cannot exceed the total cost of educational and living expenses as determined by the Financial Aid Office.

Interest accrues (accumulates) on an unsubsidized loan from the time it is first paid out. The interest may be paid while the student is in school and during grace periods and deferment or forbearance periods, or the interest may accrue and be capitalized (that is, added to the principal amount of the loan). Choosing not to pay the interest as it accrues will increase the total amount a borrower will have to repay as interest will eventually be charged on a higher principal amount, once that interest is capitalized. Accrued interest is capitalized once the loan enters repayment.

The interest rate for a Direct Stafford unsubsidized loan disbursed on or after July 1, 2006 is fixed at 6.8%.

To apply for a federal student loan, contact the CDSP This email address is being protected from spambots. You need JavaScript enabled to view it..

Veterans Educational Benefits: CDSP students who have served in the United States Armed Forces may receive veterans educational benefits while attending CDSP. For further information, please contact CDSP Admissions at 510-204-0715.