Board of Ordained Ministry Financial Assistance
Local Pastor’s Licensing SchoolThe Board shall provide all but $300 for expenses for room and board for each student attending the full two-week school and all but $200 for those attending the one week school. Books are provided. All funds are subject to successfully completing and passing all the classes.
Course
of Study
Financial assistant is based on need
and the availability of funds.
- 50% of tuition, normal fees, room and board for full or part-time students in the basic Course of Study.
- 100% of tuition for courses taken in the Arkansas Course of Study School available for part-time local pastors.
- 50% reimbursement of tuition for those who successfully complete correspondence courses (not to exceed 4 courses).
- The Board provides assistance only once for each of the 20 courses required in the Basic Course of Study Program.
Seminary Financial Aid – Basic Seminary Degree Program
- Financial assistance is in the form of a “service loan” to be reimbursed in service. To be eligible the student must be a certified candidate, enrolled in a seminary approved by the University Senate, and is not a recipient of the United Methodist Foundation Scholarship. Any course where the person does not receive a passing grade shall be refunded to the Board. Up to 40% of tuition may be provided per term with the annual amount not to exceed $5,000 per student. Send Seminary Loan Application to BOM Secretary.
- Grants for United Methodist History, Doctrine, and Polity Courses shall not exceed 50% of the tuition cost.
- Emergency funds for up to $400 may be available for seminary students who experience health reasons or critical personal or family need when approved by the Executive Committee of the Board.
Arkansas United Methodist Seminary
Scholarship
Any certified candidate is eligible to
apply for the full-expense scholarship from the funds held in the United
Methodist Foundation. This student must
be accepted in a United Methodist Seminary as a full-time student. Applications are due March 1. An interview-selection team shall make the
determination of the awarding of this scholarship. Two years of service per year of scholarship
received is expected in the Arkansas Conference. Send
Graduate
Theological Studies
Persons who have completed the basic
course of study may desire to become provisional members by the alternate
route (see ¶324.6). They must complete
the 32 hours of graduate theological studies, but only if approved by the
Conference Board of Ordained Ministry prior to enrollment. Up to 45% of tuition, not to exceed $5,000
annually will be provided. Deacon
candidates on the professional certificate route toward ordinate (see ¶324.5)
will also receive up to 45% of tuition not to exceed $5,000 annually.
Seminary students returning to Arkansas for interview with the Board will received up to 50% of actual cost of transportation.
Application forms for seminary financial aid are available at District Superintendents’ Offices.
