Below is an example of a budget for a first-year and second-year full-time Master of Art (Theological Studies) (MATS) student living in a 1 bedroom apartment in McCoy House at $595 per month.
Type of Expense
|
First Year
(54 credits)
9 months
|
Second Year
(48 credits)
8 months
|
Tuition
|
$13,500
|
$12,000
|
Fees
|
145
|
295
|
Books
|
1,134
|
1,008
|
Housing (1 BR @ $595 per month)*
|
5,175
|
4,600
|
Utilities
|
1125
|
1,000
|
Food/Household Supplies
|
4,500
|
4,000
|
Personal Expenses
|
2,250
|
2,000
|
Telephone
|
900
|
800
|
Transportation
|
2,025
|
1,800
|
Health Insurance*
|
2,250
|
2,000
|
Total
|
$33,004
|
$29,503
|
*Your budget will vary according to your housing and health insurance cost.
Below is an example of a budget for a first-year and second-year full-time Master of Arts in Ministry Practice (MAMP) student living in a Currie Residence Hall at $230 per month.
Type of Expense
|
First Year (60 credits)
11 months
|
Second Year (42 credits)
8 months
|
Tuition
|
$15,000
|
$10,500
|
Fees
|
145
|
295
|
Books
|
1,260
|
882
|
Housing
$230 per month*
|
2,365
|
1,720
|
Utilities**
|
0
|
0
|
Food/Household Supplies
|
5,500
|
4,000
|
Personal Expenses
|
2,750
|
2,000
|
Telephone
|
1,100
|
800
|
Transportation
|
2,475
|
1,800
|
Health Insurance
|
2,750
|
2,000
|
Total
|
$33,471
|
$24,123
|
*Your budget will vary according to your housing and health insurance costs.
**Utility costs are included in the residence hall expense.
Below is an example of a budget for a first-year, second-year, and third-year full-time Master of Divinity student living in a 2 bedroom apartment in Anderson House at $765 per month:
Type of Expense
|
First Year (60 credits) 12 months
|
Second Year
(66 credits) 12 months
|
Third Year
(54 credits) 9 months
|
Tuition
|
$15,000
|
$15,000
|
13,500
|
Fees
|
145
|
145
|
295
|
Books
|
1,260
|
1,386
|
1,134
|
Housing
$765 per month*
|
9,060
|
9,060
|
6,795
|
Utilities
|
1500
|
1500
|
1,125
|
Food/Household Supplies
|
6,000
|
6,000
|
4,500
|
Personal Expenses
|
3,000
|
3,000
|
2,250
|
Telephone
|
1,200
|
1,200
|
900
|
Transportation
|
2,700
|
2,700
|
2,025
|
Health Insurance**
|
3,000
|
3,000
|
2,250
|
Total
|
$43,117
|
$43,117
|
$34,774
|
*Your budget will vary according to your housing and health insurance cost.
Budget for Success (Steward’s Resource Navigator)
Austin Seminary is committed to equip students to realize their call to ministry. Central to their success is empowering students to navigate resources with integrity, generosity and resourcefulness.
Understanding that a budget is a document of spiritual health that is central to personal and professional successes, we ask students to fill out the Steward’s Resource Navigator as part of the need-based financial aid application process or before receiving any other offered award.
This is not a test of any kind. We invite students into the process so that we can come alongside to help in the most fitting manner possible. After receiving student forms, we may connect students to helpful consultations with Financial Aid or our Ministry, Finances and Mindfulness Program.
Awarded Institutional funds will not be authorized until the Budget for Success has been received by the Financial Aid Office.