Preparing believers in Jesus Christ for Christian ministry since 1937

Financial Aid

As of October 3, 2012, FTS was approved by the U.S. Department of Education to participate in the Federal funding and grants programs authorized by Title IV of the Higher Education Act of 1965.

Financial Aid Handbook 2018-2019

Resources from the office of Federal Student Aid

Faith Theological Seminary’s (FTS) Financial Aid Office has one simple goal: to provide current and prospective students with the best possible assistance to facilitate their education goals.

The most common form of aid is the William D. Ford Direct Loan Program (Direct Loans) and Pell Grants. This aid is administered directly through the U.S. Department of Education. These loans are also referred to as Direct Loans or by the name Title IV Aid which refers to the Federal code that governs the administration of federal funds for educational purposes. These names – Direct Loans and Title IV funds – may be used interchangeably to refer to the federal aid we administer here at FTS.

All students who wish to receive Title IV funds must first complete a Free Application for Federal Student Aid (FAFSA). The FAFSA collects financial and other information used to determine a student’s eligibility for aid. A student may also complete a FAFSA by visiting You will need copies of your most recent IRS tax return to complete the FAFSA. The student who has completed their most recent tax return will be able to view and transfer their tax information into their FAFSA.

Applying for Federal Student Aid 2018-2019

Information and Documents needed:

  • Social Security Number
  • Driver’s License Number or State Issued ID Number
  • 2016 Tax Return
    • When applying for the 2018-2019 Academic Year, please use your 2016 Tax Return, not your 2017 Tax Return.
    • The IRS Data Retrieval Tool is now available and can be used to prefill answers to some questions on the FAFSA using your federal income tax return.
    • If you are married but filed separately, some information will be required from your spouse’s tax return.
  • If you are a dependent, one of your parents will also need the above information available
  • Two References (name, address, phone numbers)
    • If you are requesting loans, each reference must have a different address.
  • Previous academic information (school names, locations, dates attended)

Step 1: Complete the Free Application for Federal Student Aid (FAFSA)

A FAFSA must be completed once for each Academic Year you are requesting funds.

  • Go to the FAFSA website
  • Login with your FSA ID.
    • If you do not have an FSA ID, create one now.
    • Your FSA ID is used to log in to Department of Education systems for requesting federal student aid. If you are a dependent, one of your parents will also need an FSA ID to sign your FAFSA.
    • Complete the form and record your login credentials and answers to security questions in a secure manner.
  • Complete a FAFSA for the academic year for which you are requesting funds.
  • When asked for which school you are requesting funds, you can either search for Faith Theological Seminary, or use the School Code 036673.
  • After completing the form, the Confirmation Page will show your EFC number. This number will be required to complete the Student Interview process. The Confirmation Page also shows grant and loan amounts which you may be eligible for.

Step 2: Complete the Virtual Financial Aid Office (VFAO) Student Interview

The VFAO Student Interview gives FTS the information needed to request Title IV funds. It is separate from the Department of Education systems and requires a different username and password.

  • Go to the VFAO website
  • Login with your VFAO username and password.
    • If you do not have a username and password, create one now by clicking Register. These credentials are separate from your FSA ID. Record your login credentials, security question and answer in a secure manner.
  • Go to the Interviews page and click Start Interview.
  • During the interview, you will be asked if you are requesting grants, loans, or both. If you are requesting loans, you will be required to complete a Master Promissory Note (MPN). Once signed, an MPN is valid for 10 years. The MPN contains information regarding your loan request. Carefully review this information before signing.
    • Go to
    • Login with your FSA ID.
    • Complete the required Entrance Counseling.
    • Complete and sign your MPN.
  • After completing the interview by digitally signing and submitting it, you should receive a confirmation email.
  • When your Student Interview has been processed, you may receive Verification Requests as detailed in the next step.
  • If no additional verification is needed, you will receive an email regarding aid disbursement amount and dates.

Step 3: Verification Requests

Some applicants will be required to submit additional documentation. You will be notified by email if additional verification documents are required. Most documents are available at in the Forms & Documents section of the VFAO. Once completed, these forms may be scanned and uploaded to the VFAO Tracking Documents page.

Certain documents must be requested from government agencies. These should be requested as soon as possible since some must be sent by physical mail (e.g. paper IRS Student Tax Transcripts or Selective Services Verification letters).

Status of Application

To check the status of your financial aid application, visit the Student Interview Center on the VFAO website.